In contrast to a verbal, spoken, or oral agreement, an agreement in writing clearly spells out the detailed promises between the Landlord and Tenant and also explains what should happen if they break their promises to each other. If you’re planning on running a landlord business professionally, keep in mind that these promises carry the full weight of the law — avoid making these 7 major mistakes that could spell the end your business. If the tenant chooses to lease your bins or bring in other equipment, make sure the utilities to maintain the equipment is considered. Grain bins are not exclusively included in this lease. But you can add a separate lease for use of your grain bins. For PIC IT and automation equipment acquired on hire purchase, the cash payout conversion rate to be applied is based on the date on which the HP agreement is signed. For example, the cash payout conversion rate for an equipment acquired via a HP agreement signed on 1 Jul 2016 is 60%. Influenced by land registration, commonly tenancies initially granted for more than a year are referred to more simply as leases. An example of a non-disclosure agreement is a HIPAA confidentiality agreement. HIPAA laws mandate that patient information cannot be shared with third parties by a patient’s healthcare provider.