You’ve found a dream apartment and submitted a rental application. You’re moving to a new city. You’re ready to pay first and last month’s rent. It’s an exciting time for sure, but there’s a lot more to it than just signing on the dotted line. Tenancy agreements exist so the renter and landlord can be clear on the terms of their agreement, and — believe us — there are terms. You’ll want to make sure you fully understand the ins and outs of this binding legal agreement, since breaking a lease is no picnic. Here’s what to look for when signing a lease, from damage addenda to sublease agreements, and what exactly the difference is between a lease and a rental agreement. Make sure you’re equipped with knowledge and enter this legally binding agreement with confidence.