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A rental agreement is a ... to have temporary possession of the property; it is distinguished from a lease, ... rated monthly cost of the previous annual lease.
A residential lease must include the parties, the premises (the address or relevant space), and the term of the lease. The lease term can be indefinite but must be stipulated as such in the document. Typically, leases will also include the price of rent per month or per term, but this is not legally required.
Examples of a lease for intangible property include use of a computer program (similar to a license, but with different provisions), or use of a radio frequency (such as a contract with a cell-phone provider). A periodic lease agreement (most often a month-to-month lease) internationally and in some regions of the United States. [5]
The tenant will then be entitled to take a portion of the condemnation award equal to 25% of the rent due for the remaining four months of the lease—¤1,000, derived from ¤250 per month for four months. A full taking, however, extinguishes the lease and excuses all rent from that point. The tenant will not be entitled to any portion of the ...
He received 10 weeks of free rent on a 15-month lease, and as an added bonus, his building will allow him to upgrade to a larger unit when his wife and daughter join him at the end of the school ...
Rental landlords may have to brace for impact. The pressure will come during the second half of this year and into the next as more rental supply hits the market, reaching the highest level since ...
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