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CITY COUNCIL STAFF REPORT CONSENT CALENDARDATE:November 5, 2014SUBJECT:APPROVE AMENDMENT NO. 3 OF A LEASE WITH PALM SPRINGS UNIFIED SCHOOL DISTRICT AND AMENDMENT NO. 4 TO A SUBLEASE AGREEMENT WITH
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How to fill out 3 of a lease

01
Gather all the necessary information and documents needed to fill out a lease agreement. This includes the name and contact information of the landlord and tenant, the rental property address, the length of the lease agreement, the rental amount and payment terms, and any additional terms and conditions.
02
Begin by filling out the basic details of the lease agreement, such as the names of the parties involved and the rental property address.
03
Specify the length of the lease agreement, whether it is a fixed-term lease or a month-to-month lease.
04
Include the rental amount and payment terms, such as the due date and method of payment.
05
Add any specific terms and conditions that both parties agreed upon, such as responsibilities for maintenance and repairs, pet policies, or rules regarding noise and disturbances.
06
Review the completed lease agreement with both parties involved to ensure accuracy and clarity.
07
Sign the lease agreement and make copies for both the landlord and tenant to keep for their records.
08
If required by law, notarize the lease agreement. Check with local regulations to determine if notarization is necessary.
09
Provide a copy of the signed lease agreement to each party involved.
10
Keep the original lease agreement in a safe and easily accessible place.

Who needs 3 of a lease?

01
Anyone who wishes to enter into a rental agreement for a property needs a lease agreement. This includes both landlords and tenants. Landlords use a lease agreement to rent out their property and protect their rights as a property owner. Tenants need a lease agreement to outline the terms and conditions of their rental, protect their rights as a tenant, and ensure clear communication with the landlord.
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3 of a lease is a form used to report certain lease transactions to the IRS.
The lessor (the person or entity leasing property to another party) is generally required to file 3 of a lease.
3 of a lease can be filled out online or printed and mailed to the IRS. It requires information about the lessor, lessee, and the lease transaction.
The purpose of 3 of a lease is to report lease transactions to the IRS for tax purposes.
Information such as the name, address, and taxpayer identification number of the lessor and lessee, as well as details of the lease transaction must be reported on 3 of a lease.
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