One very important and even necessary component in a lease is the lease agreement. When an owner and renter engage in a lease, they must establish an agreement that defines the terms that will be used. The lease agreement, which becomes a contract for the lease, fulfills this from a legal perspective. Lease agreements, also called lease contracts, consist of period of occupancy, payment for rent, and negotiated policies regarding the use of property being rented. For landlords that that are preparing for a lease, using a premade free lease agreement can ensure that the agreement is properly written and legally sound. Many free lease agreements may be available at online real estate or commerce resources. In addition, landlords or other owners in need of free lease agreements may look to local commerce offices for help.