At the end of the current lease (fixed term), the lessor can extend the lease to the tenant because, unlike a lease, a lease does not automatically renew. The current lease must be amended or a new legally binding contract can also be signed. Normally, the landlord does not allow the tenant(s) to terminate their lease prematurely. If the owner accepts a cancellation, there is usually a cancellation fee. Otherwise known as “landlord” and “tenant”, you decide who is called in the rental agreement. This is an important question that is asked of tenants who are going to live together, such as those who have a romantic relationship. A general rule is that if the rent can only be borne by the income of both people, then it is recommended that both people be listed as tenants. Step 4 – The tenant should be asked to honor the lease and sign it. Once both parties have signed the contract, the contract becomes legally binding and the tenant has access to the premises on the start date, unless an early withdrawal contract has been concluded for a proportional amount….