What is a default under a lease agreement?

A default under a lease agreement refers to a situation where one party fails to fulfill their obligations as specified in the lease contract. This typically includes not paying rent on time, not maintaining the property, or violating any other terms laid out in the lease. When a tenant defaults on their lease, it can lead to serious consequences such as eviction or legal action by the landlord. Understanding this term is crucial for both tenants and landlords to ensure they are aware of their rights and responsibilities under the agreement.

The other choices pertain to actions or notices related to the lease but do not define a default. A legal rent increase notice is an official communication regarding rent adjustments and does not indicate a failure to meet lease obligations. A written request to renew a lease is a proactive step taken by tenants who want to extend their rental period, rather than a failure to comply with existing terms. Lastly, a landlord's agreement to lower rent is a negotiation that may signify goodwill or market changes, but again, it does not relate to defaulting on lease terms.