What are the implications when a landlord asks the lessee/ tenant to sign a documents such as “agreement for lease” or “provisional tenancy agreement” before formalizing a tenancy agreement or lease?

The “agreement for lease” or “provisional tenancy agreement” serves as a preliminary step that an intending landlord and an intending tenant can take before finalizing the actual lease or tenancy agreement. Upon signing this document, both parties commit to a future lease arrangement.