Is it necessary to have a written lease or rental agreement?

April 26, 2017Agreement lease necessary rental written

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Is it necessary to have a written lease or rental agreement?

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A rental agreement can be either written or oral, however, a written agreement is recommended in order to clearly set out the rights and obligations of each of the parties.

Will interns be required to submit a lease/rental agreement to reflect monthly costs or will they just receive a flat per diem rate of 55% (based on the per diem rate of the respective area)?
Why it is important to have a written lease or rental agreement?
Is it necessary to have a written lease or rental agreement?