The only way for a lessor to change the terms of the lease agreement after the document has been signed by both parties would be to establish an addendum with the additional conditions and have both parties sign the form. If the tenant does not accept the new conditions and refuses to sign the amendment, the lessor has no choice but to respect the conditions of the main contract. This is the basic terminology used when entering into a lease agreement. In principle, the tenant is the tenant who delivers the contract, and the lessor is the owner who rents the property. It is important to know these terms, as they are used extensively in most contracts for the rental of real estate. Now that you`ve announced your rent, it`s only a matter of time before you receive requests regarding the property. Finally, one of these parties will ask to see the space in person to see if the house meets their needs. This only means that the participants anticipate that if one of the people visiting the premises brings their interest in renting the residence, an application for a rental should be submitted at that time to first verify their qualification as a tenant.. .