hello sir/madam,
Agreement of lease is mostly necessary for the lessor or the lessee?
Hey, see basically the lease agreement is a contract between the lessor vs lessee for the use of the asset or property. It outlines the terms of the contract and sets the legal obligations associated with the use of the asset. Both parties are signatories to the agreement and are required to abide by its rules.
Thus, the agreement is crucial for both lessor as well as lessee.
Hope It Helps!
Regards
Kevin M. Paul
