A Lease Agreement Template free word is a written document that officially recognizes. A legally binding relationship between two parties — a landlord and a tenant. There are a wide number of agreement templates. That is available in a huge variety of Formats like Word, Excel, and PDF are also easily downloadable. This Rental Lease Agreement Templates has the added advantage of laying out possible problems that might occur. And then detailing possible solutions available to the Landlord and Tenant. When a formal relationship exists between two parties, the law recognizes. That both the Landlord and Tenant have a special set of rights and obligations.