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Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

What should be included in a lease agreement?

Names of all tenants. Limits on occupancy. Term of the tenancy. Rent. Deposits and fees. Repairs and maintenance. Entry to rental property. Restrictions on tenant illegal activity.

What should I include in a rental agreement?

Most standard leases will include basic information about the agreement, such as property address, dates, names of tenants, rent amount, security deposits, etc. However, the Devil is in the details. Most experienced landlords will tell you that the Devil is in the details.

Can you create your own rental agreement?

A rental agreement is a legal document that creates a short-term agreement between an owner and a renter. However, you do have the right to create a rental agreement on your own or in consultation with an attorney.

What should a lease contain?

Your Residential Lease needs to include the amount of rent the tenant needs to pay, and how often. Usually the tenant pays rent on a monthly basis, but sometimes landlords offer the tenant the option to pay yearly, depending on the tenancy term.

What are the terms of lease?

Lease Term Definition. Defined as the period of time in which a contracted lease is in place, lease term establishes the time period to both the lessee and lessor. Lease terms generally come on 3 forms: fixed, periodic, and indefinite. Additionally, a lease can cover either material or non-material property.

What are the terms of a car lease?

A car lease lets you drive a new vehicle without paying a large sum of cash or taking out a loan. To lease a car, you simply make a small down payment less than the typical 20% of a car's value you'd pay to buy followed by monthly payments for the term of the lease. When the term expires, you return the car.

What is the most common term for an apartment lease?

A long-term lease, or fixed-term lease, is the most common type of contract, usually set for a minimum of one year.

What are the types of lease?

There are different types of leases, but the most common types are absolute net lease, triple net lease, modified gross lease, and full-service lease. Tenants and proprietors need to understand them fully before signing a lease agreement.

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