landlords

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when renting out a home, there are four types of tenancy agreements that might be used, including:

• long-term lease - a lease that lasts for more than one year, often for three years or more. long-term leases are popular for commercial rentals.
• short-term lease - most often, a lease that lasts for less than one year. furnished apartment leases and other residential arrangements might fall into this category.
• month-to-month leasethis type of agreement only establishes a tenant's right to rent the property for a month at a time. all the terms of the agreement, including the rent, are subject to change on a monthly basis (subject to any notice requirements under the agreement or state law).
• subleasethis is a secondary agreement between an original tenant and a new tenant to rent some, or all, of the property.