If you are new to the real estate industry, you’re definitely in for a ride as it can be a thrilling experience. It is natural to want answers and to know what the let agreed meaning is, especially since it is a common stage in the renting process. Maximize your investment opportunities by understanding all the terminologies and processes involved in renting. Now that we have established what does let agreed mean is, you have become more knowledgeable about this stage of the renting process.

Let agreed is when the landlord agrees in principle to the offer made by the prospective tenant. Until the checks are made, the landlord does not sign the official tenancy contract, which would allow the prospective tenants to move in. What does let agreed mean? In business, there are many things that happen behind closed doors. You may not know exactly what they are or why they're happening. But you do have some control over them.