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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.
Clause #1: Severability This may be one of the most important clauses in a lease. This clause states that if one aspect of the lease is found to be illegal, the rest of the agreement will still be legally binding. SEVERABILITY.
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.
The lease should include basic facts and data about the property, including the physical address and the landlord's name and contact information. It should also state the date the lease was signed. The beginning and end dates of the rental period. And options for lease renewal, including policies for rent increases.
Take the time to read your lease thoroughly and carefully because, once you sign, the terms are legally binding. If you don't understand a clause, ask for clarification. If you want to make or request changes to the lease, both you and the landlord should initial them.
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.
Most lease agreements are for 12 months. This type of lease allows you or the landlord to terminate the lease at the end of each month. If you do not move and the landlord does not ask you to leave, the lease then automatically renews for another month.
What are Lease Clauses? Unlike lease rules that you decide, clauses are typically written specifically to comply with state and local landlord-tenant laws and are written in legal jargon.
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