If the tenant does not comply with the terms of this agreement, if essential facts have been misrented in the tenant`s rental application or if the rent has not been made before the fifth working day of the calendar month, this contract may be terminated by the lessor with notification of the tenant and legal procedures. At the end of this lease, the tenant will immediately clear and clean the premises, return all the keys to the lessor and ask the lessor to examine the rented property to ensure that this obligation is respected. 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. In this type of agreement, a tenant pays a non-refundable option fee in exchange for the option to purchase the home at a predetermined price.