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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.

How do you legally bind a lease?

Capacity to contract: The parties to the real estate lease contract must have the legal capacity to enter into the agreement. Legal objectives: The purposes of the lease must be legal. Offer and acceptance: All terms of the contract must be agreed upon by both parties.

How binding is a lease?

When someone agrees to rent or lease a property, they sign a lease or rental agreement outlining the terms of the agreement. It is a legally binding contract between the tenant and the landlord that details the rights and responsibilities of each party.

Are apartment leases binding?

In the United States, for the most part, apartments are arranged in complexes or buildings, and are individually rented, or leased out. A lease is a legally binding contract, laying out the rules agreed upon between the landlord or property owner and you, the tenant.

How do I make sure a lease is real?

Dealing In Cash Is A Bad Start. Never Rent Without Having A Look At The Actual Place. Always Sign A Written Lease. Identify The Owner Of The Property. Make Sure Your Lease Identifies The Owner As Well. Sub-leasing Is Not A Great Idea.

Is lease and rent the same thing?

The key difference between lease and rent is their duration. Whereas a lease remains valid for the period of time specified in the agreement, a rental agreement covers a short-term period that is not necessarily stated. For example, you and your long-term partner may sign a lease agreement that lasts one year.

What can make a lease invalid?

The Statute of Frauds in California requires that a lease for more than a year must be in writing. Consequently, an oral agreement for a rental period of a year or less is still valid where the parties intended to create such a lease. The failure to contain other elements does not cause the lease to be invalid.

What makes a tenancy agreement invalid?

The Unfair Terms in Consumer Contracts Regulations make any clause which is 'unfair' null and void in a court of law. So if a term or condition of the tenancy agreement is giving either party less than their statutory rights, then it can't be enforced, and it won't hold up in a court of law.

What can void a lease agreement?

A lease is automatically void when it is against the law, such as a lease for an illegal purpose. In other circumstances, like fraud or duress, a lease can be declared void at the request of one party but not the other.

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