A lease with no end date (normally called a periodic lease or renewal automatic lease) is used when the lease is automatically renewed after a certain period of time (for example. B every month, six months or every year). In this type of lease agreement, landlords and tenants rent until a party gives notice that the lease is ending. Weekly Rental Agreement – A tenant who lives in a dwelling, with rent paid every seven (7) days. A shared rental agreement is a legally binding contract used by landlords and roommates to establish rules regarding rent and incidentals, property damage, and budget obligations. You should list everyone who lives in your property, including tenants and residents, in your rental agreement. .