Residential leases are intended to be used by Parties leasing property for residential living purposes. Residential leases can be used to dictate the terms and conditions of various types of residential properties, including homes, apartments, condominiums, and duplexes.

The key terms of a residential lease include:
a. The Parties that may possess the premises;
b. The use of the premises;
c. The Parties' respective liabilities;
d. The Parties' respective rights and obligations;
e. The term and renewal option of the lease;
f. The assignment and sublease rights of the Parties.

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