A sharing agreement with a large portion of a landlord`s property or, for example, for no particular room of a building, may void the establishment of a lease, but this common requirement of a lease is interpreted differently in many jurisdictions. Under an operating lease, it is the tenant`s responsibility to properly maintain and maintain the asset when it is under its control. 1. Form of leases. Lease agreements may be concluded orally or in writing. However, it is considered more appropriate to conclude a written agreement. The acquisition of capital assets under leasing has several touted advantages: if a lease exists at the sole discretion of the landlord, the jurisdiction may imply that the tenant is granted by law a reciprocal right to terminate the lease after approval. .