The Ohio rental lease agreements are used to establish the rental conditions for an individual or entity seeking to occupy a commercial or residential space. The party occupying the space, the “lessee,” will agree to pay rent to the party that owns the real estate, the “lessor,” during the period of the lease. The lessor will typically request any potential lessee’s credit and background information via the completion of a rental application. This background check assures the lessor that the applicant can afford the rent payments and that they have a history of paying their bills on-time. Once approved, the lease may be signed and any deposits required on behalf of the lessee can be transferred.