What Is A Lease In SFR Investing?

A lease is a contract where a property owner transfers possession rights to a tenant in exchange for rent.

A lease is a contract in which, for a payment of rent, the party entitled to the possession of the single family rental investment property transfers those rights to another (lessee) for a specified period of time.

The information in this article is for educational purposes only and does not constitute tax, legal, financial, or investment advice. Consult a qualified professional before making investment decisions.