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Lease agreements are legal documents that bind a tenant to a landlord for a specified period. It outlines the terms and conditions of the lease, including the amount of rent, security deposit, and any other relevant details. But how long should you keep a lease agreement?

First, it`s important to understand why you would need to keep a lease agreement. A lease agreement serves as proof of the terms and conditions agreed upon by both parties in case of a dispute. It also helps you keep track of your rental payments and obligations, especially if you need to refer to the agreement in the future.

Ideally, you should keep your lease agreement for the entire duration of your tenancy. This means that if you signed a one-year lease, you should keep the agreement for one year after the lease`s expiration or until you move out, whichever comes first. This ensures that you have all the necessary information on hand if there are any issues or disputes during your tenancy.

However, some experts recommend keeping the lease agreement for a few years after the tenancy ends. This is because some legal disputes may arise even after you move out, and having the lease agreement can help you prove your case if necessary.

If you`re worried about clutter or losing important documents, consider scanning the lease agreement and storing it digitally. This way, you can access it easily on your computer or mobile device, and you won`t have to worry about the physical document getting lost or damaged.

In summary, you should keep your lease agreement for the duration of your tenancy, and ideally for a few years after you move out. This ensures that you have all the necessary information on hand in case of any disputes or legal issues that may arise. And if you prefer a more organized approach, consider scanning and storing the lease agreement digitally.

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