Standard rental forms are available in office supply stores and online. Why is a lease so important? Quite simply, the agreements between the landlord and the tenant that must take place during the term of the lease are indicated. What is the amount of rent, when it is due, who is responsible for repairs and when the deposit will be refunded are just some of the items to be covered. The lease helps to make expectations of the tenants and answers many questions that may arise during the term of the rental. Some landlords may feel like they`re saving time by not checking a lease with tenants before moving in. Subsequently, tenants should contact the landlord for questions. Keep reading to know four reasons why you should always have a lease for residential real estate.