The owner/agent must complete and sign a declaration of surety (Form 2) when a rental loan is calculated for the lease, then file it within 10 days and the surety indemnity registered with the RTA. A lease is a document describing the agreement between an owner of a property known as an “owner” or “lessor”, and another person who is willing to pay the rent during the use of the property, known as a “tenant” or “tenant”. In the term secular, it is a document used for the occupation of space (commercial or residential) for a fixed period in exchange for a monthly rent. The contractual conditions are negotiable between the tenant and the lessor and, after signature, the form is deemed legally and reciprocally binding.