803:
without incurring an obligation to pay for the months remaining on the lease. Either party must give notice if it intends to terminate a tenancy from year to year, and the amount of notice is either specified by the lease or by state statute. Notice is usually, but not always, at least one month, especially for the year-to-year periodic tenancy. Durations of less than a year must typically receive notice equal to the period of the tenancyâfor example, the landlord must give a month's notice to terminate a tenancy from month to month. However, many jurisdictions have increased these required notice periods, and some have reduced the capacity of a landlord to use them drastically. For jurisdictions that have local rent control laws, a landlord's ability to terminate a residential tenancy is substantially reduced. For example, in
California, the cities of Los Angeles, Santa Monica, West Hollywood, San Francisco, and Oakland have "rent stabilization ordinances" that limit a landlord's ability to terminate a periodic tenancy, among other restrictions.
543:). An example of a licensor/licensee relationship is a parking lot owner and a person who parks a vehicle in the parking lot. A license may be seen in the form of a ticket to a baseball game or a verbal permission to sleep a few days on a sofa. The difference is that if there is a term (end time), a degree of privacy suggestive of exclusive possession of a clearly defined part, practised ongoing, recurrent payments, a lack of right to terminate save for misconduct or nonpayment, these factors tend toward a lease; by contrast, a one-time entrance onto someone else's property is probably a license. The seminal difference between a lease and a license is that a lease generally provides for regular periodic payments during its term and a specific ending date. If a contract has no ending date then it may be in the form of a
846:, even if there is no written lease. (However, an oral lease for more than 12 months is not enforceable if the statute of frauds in the jurisdiction includes leases of more than 12 months.) Many residential leases convert to "at will" tenancy subject to 30 days' notice. Alternatively, a tenancy at will (without a specific time limit) may exist for a temporary period where a tenant wishes to take possession of a property and the landlord agrees, but there is insufficient time in which to negotiate and complete a new lease. In this case, the tenancy at will is terminated as soon as a new lease is negotiated and signed. The parties may also agree on the basis that if the parties fail to enter into a new lease within a reasonable time period, then the tenant must vacate the premises.
1186:
find a suitable replacement tenant, after diligent pursuit). If a tenant stays beyond the end of a lease for a term of years (one or more), then the parties may agree that the lease will be automatically renewed, or it may simply convert to a tenancy at will (month-to-month) at the pro-rated monthly cost of the previous annual lease. If a tenant at will is given notice to quit the premises, and refuses to do so, the landlord then begins eviction proceedings. In many places it is completely illegal to change locks on doors, or remove personal belongings, let alone forcibly eject a person, without a court order of eviction. There may be strict rules of procedure, and stiff penalties (triple damages, plus attorneys' fees) for violations.
1359:, sublease (or, less formally, sublet) is the name given to an arrangement in which the lessee (e.g. tenant) in a lease assigns the lease to a third party, thereby making the old lessee the sublessor, and the new lessee the sublessee, or subtenant. This means they are not only leasing the property, but also subleasing it simultaneously. For example, if a company leases an office space directly from a landlord, the lessor, and subsequently outgrows the office, then the company can sublease the smaller office space to another company, the subtenant, and enter into a new lease for a larger office space, thereby hedging their real estate exposure.
1176:, such as an apartment, house, building, business offices or suite, land, farm, or merely an inside or outside space to park a vehicle, or store things. The premises rented may include not only specific rooms, but also access to other common areas such as off-street parking, basement or attic storage, laundry facility, pool, roof-deck, balconies, etc. The agreement may specify how and when these places may be used, and by whom. There may be detailed description of the current condition of the premises, for comparison with the condition at the time the premises are surrendered.
834:. Unlike a periodic tenancy, it isn't associated with a time period. It may last for many years, but it could be ended at any time by either the lessor or the lessee for any reason, or for no reason at all. Proper notice, as always with landlord/tenant law, must be given, as set forth in the state's statutes. If there is no formal lease, the tenancy at will is the one that usually exists. In rare cases it may occur where the tenancy is not for
256:
799:(by committing to a lease of more than one yearâdepending on the jurisdictionâwithout being in writing) may actually create a periodic tenancy, depending on the laws of the jurisdiction where the leased premises are located. In many jurisdictions the "default" tenancy, where the parties have not explicitly specified a different arrangement, and where none is presumed under local or business custom, is a month-to-month tenancy.
2648:
1252:
to the tenant. Other regulations may require the landlord to submit a list of pre-existing damage to the property, or forfeit the security deposit immediately (because there is no way to determine whether a prior tenant was responsible). In UK the government has introduced deposit protection scheme leading to several property inventory services which can optionally be used to carry out an inventory.
842:, a tenancy at will without compensation is very rare, partly because it comes about only if the parties expressly agree that the tenancy is for no rent, commonly where a family member is allowed to live in a home (a nominal consideration may be required) without any formal arrangements. In most residential tenancies for a fixed term, for consideration, the tenant may not be removed except for
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she may have originally paid, leaving the remaining rent owed to the lessor to be paid by the original lessee. However, if market prices have increased since the original lease was signed, the sublessor might be able to secure a higher rent price than what is owed the original lessor. However, many commercial leases stipulate that any overages in rent be shared with the landlord, the lessor.
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734:
139:
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43:
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84:
1164:) are identified in the contract. A housing lease may specify whether the renter is living alone, with family, children, roommate, visitors. A rental may delineate the rights and obligations of each of these. For example, a "sub-let" to a stranger might not be permitted without permission of the landlord. This also applies to whether or not
853:, a reciprocal right to terminate the lease at will. However, a lease that explicitly exists at the will of the tenant (e.g. "for as long as the tenant desires to live on this land") generally does not imply that the landlord may terminate the lease; rather, such language may be interpreted as granting the tenant a
903:
However, in some jurisdictions, such as
California, a landlord is prohibited from using a "self help" remedy, such as changing the locks, to terminate a tenancy, particularly a residential tenancy. Doing so may constitute a "constructive eviction" and expose the landlord to civil and criminal liability.
1381:
A sublease can also apply to vehicles as an alternate type of car rental. In a vehicle sublease, a lessee or vehicle owner can assign a lease to a third party and by way of contractual agreement for specific dates. Although this arrangement is not popular, it is a growing trend in the travel industry
1251:
deposit, owned by the tenant, but held by the landlord until the premises are surrendered in good condition (ordinary wear and tear excepted). In some states, the landlord must provide the tenant with the name and account number of the bank where the security deposit is held, and pay annual interest
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may be kept by the renter. On the other hand, the renter may also have specific rights against intrusions by the landlord (or other tenants), except under emergency circumstances. A renter is in possession of the property, and a landlord would be trespassing upon the renter's rights if entry is made
1362:
The sublessor remains liable to the original lessor in accordance with the initial lease, including all remaining rent payments, including operating expenses and all other original lease terms. In a down-market, the original lessee may require a lower rent payment from the sublessee than what he or
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A typical rental is either annual or month-to-month, and the amount of rent may be different for long-term renters (because of lower turnover costs). Leaving a long-term lease before its expiration could result in penalties, or even the cost of the entire agreed period (if the landlord is unable to
955:
The term of the lease may be fixed, periodic or of indefinite duration. If it is for a specified period of time, the term ends automatically when the period expires, and no notice needs to be given, in the absence of legal requirements. The term's duration may be conditional, in which case it lasts
719:
A fixed term tenancy comes to an end automatically when the fixed term runs out or, in the case of a tenancy that ends on the happening of an event, when the event occurs. If a holdover tenant remains on the property after the termination of the lease, s/he may become a tenant at sufferance because
959:
It is common for a lease to be extended on a "holding over" basis, which normally converts the tenancy to a periodic tenancy on a month by month basis. It is also possible for a tenant, either expressly or impliedly, to give up the tenancy to the landlord. This process is known as a "surrender" of
1103:
In addition to the above, a car rental agreement may include various restrictions on the way a renter can use a car, and the condition in which it must be returned. For example, some rentals cannot be driven off-road, or out of the country, or towing a trailer, without specific permission. In New
930:
The landlord may also impose a new lease on the holdover tenant. For a residential tenancy, this new tenancy is month to month. For a commercial tenancy of more than a year, the new tenancy is year to year; otherwise it is the same period as the period before the original lease expired. In either
902:
Subject to any notice required by law, a tenancy at will also comes to an end when either the landlord or the tenant acts inconsistently with a tenancy. For example, the changing of locks by the landlord is an indication of the end of the tenancy, as is the vacation of the premises by the tenant.
471:) solely by the lessee or solely by the lessor without penalty. A mutually determinable lease can be determined by either. A non-cancelable lease is a lease that cannot be so terminated. Commonly, "lease" may imply a non-cancelable lease, whereas "rental agreement" may connote a cancelable lease.
297:
of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be
802:
Either the landlord or the tenant may terminate a periodic tenancy when the period or term is nearing completion, by giving notice to the other party as required by statute or case law in the jurisdiction. Neither landlord nor tenant may terminate a periodic tenancy before the period has ended,
692:
legislation recognized that common law principles, which assume equal bargaining power between the contracting parties, create hardships when that assumption is inaccurate. Consequently, reformers have emphasized the need to assess residential tenancy laws in terms of protection they provide to
427:
All kinds of personal property (e.g. cars and furniture) or real property (e.g. raw land, apartments, single family homes, and business property, which includes wholesale and retail) may be leased. As a result of the lease, the owner (lessor) grants the use of the stated property to the lessee.
1123:
payable if the car is not returned in order, often held in the form of a credit-card authorizationâvoided if the car is returned per agreement. A renter should be advised that he or she will be responsible for any tolls, parking or traffic violations incurred upon the vehicle during the rental
1143:
is rented. Real estate rentals are initiated by a rental application which is used to build the terms of the lease. In addition to the basics of a rental (who, what, when, how much), a real estate rental may go into much more detail on these and other issues. The real estate may be rented for
1390:
Leasing is also used as a form of financing to acquire equipment for use and purchase. Many organizations and companies use lease financing for the acquisition and use of many types of equipment, including manufacturing and mining machinery, vessels and containers, construction and off-road
956:
until a specified event occurs, such as the death of a specified individual. A periodic tenancy is one which is renewed automatically, usually on a monthly or weekly basis. A tenancy at will lasts only as long as the parties wish it to, and may be terminated by either party without penalty.
566:, though the terminology differs. The right to sub-lease may or may not be permitted to a tenant. Where it is permitted, the lease granted directly by the owner is called a "headlease", or sometimes a "master lease". Headlease tenants and their tenants who may in turn also sublet are termed
710:
A fixed-term tenancy or tenancy for years lasts for some fixed period of time. It has a definite beginning date and a definite ending date. Despite the name "tenancy for years", such a tenancy can last for any period of timeâeven a tenancy for one week may be called a tenancy for years. At
492:) of the leased property to the exclusion of the lessor and all others except with the invitation of the tenant. The most common form of real property lease is a residential rental agreement between landlord and tenant. As the relationship between the tenant and the landlord is called a
1304:
can also cover liabilities arising from accidents and intentional injuries for guests as well as passers-by up to 150' of the domicile. Renter's policies provide "named peril" coverage, meaning the policy states specifically what you are insured against. Common coverage areas are:
1179:
When: the term of the rental may be for a night (e.g., a hotel room), weeks, months, or years. There may be statutory provisions requiring registration of any rental that could extend for more than a specified number of years (e.g., seven) in order to be enforceable against a new
641:
clause into their land or property lease giving them the right to make a purchase offer on the property before the lessor can negotiate with third-party buyers. This gives tenants the ability to commit to a piece of property before any other potential buyers have the opportunity.
1015:
that rent was not a requirement for there to be a lease, however the court will more often construe a licence where no rent is paid as it is seen as evidence for no intention to create legal relations. There is no requirement for the rent to be a commercial amount; a
481:
The lease will either provide specific provisions regarding the responsibilities and rights of the lessee and lessor, or there will be automatic provisions as a result of local law. In general, by paying the negotiated fee to the lessor, the lessee (also called a
720:
the lessor/landlord has suffered (or allowed) the tenant to remain as a tenant instead of evicting him or her. Such a tenancy is generally "at will," meaning the tenant or the landlord may terminate it at any time, upon the providing of proper statutory notice.
939:
Formal requirements for a lease are determined by the law and custom of the jurisdiction in which real property is located. In the case of personal property, it is determined by the law and custom of the jurisdiction in which the rental agreement is made.
715:
the duration did not need to be certain, but could be conditioned upon the happening of some event, (e.g., "until the crops are ready for harvest" or "until the war is over"). In many jurisdictions that possibility has been partially or totally abolished.
794:
A periodic tenancy, also known as a tenancy from year to year, month to month, or week to week, is an estate that exists for some period of time determined by the term of the payment of rent. An oral lease for a tenancy of years that violates the
693:
tenants. Legislation to protect tenants is now common. Consequently, Common law has treated Lease as not similar or equivalent to a common commercial contract, especially in regard to the question of whether a Lease
Agreement can be terminated by
554:
of the property to a tenant for a limited period of time. If an owner has granted possession to another (i.e., the tenant) then any interference with the quiet enjoyment of the property by the tenant in lawful possession is itself unlawful.
1130:
Finally, there may be provisions for making a non-refundable deposit with a booking, terms for payment of the initial period (with discounts, vouchers, etc.), extended periods, and any damages or other fees that accrue prior to the return.
1028:
A sharing arrangement with much of a landlord's property or, for no specific room of a building for instance, may defeat a finding of a lease, however this common requirement of a lease is interpreted differently in many jurisdictions.
1495:
34 Am. Jur. 2d
Federal Taxation ¶ 16762 Section 467 rental agreements defined: "A rental agreement includes any written or oral agreement that provides for the use of tangible property and is treated as a lease for federal income tax
612:) is often possible and an implied rights to assign exist by compulsory law or as a default position in some jurisdictions. Sharing or parting with possession can be a breach of certain leases resulting in action for forfeiture.
650:
Over the centuries, leases have served many purposes and the nature of legal regulation has varied according to those purposes and the social and economic conditions of the times. Leases, for example, were mainly used for
601:, laws exist in several jurisdictions to bind subtenants to some of the restrictive covenants (terms) of the headlease, for instance in England and Wales those which have been held by courts to touch and concern the land.
1391:
equipment, medical technology and equipment, agricultural equipment, aircraft, rail cars and rolling stock, trucks and transportation equipment, business, retail and office equipment, IT equipment and software.
967:
regarding lease terms. One limitation in particular stated that units can not be leased for a period of less than two weeks and any unit leased for less than 90 days may not allow guests or pets in the unit.
976:
As stated by the
Australian Consumer Law (ACL), 2013, a lack of transparency regarding a term in a standard-form consumer contract may cause a significant imbalance in the parties' rights and obligations.
1199:
In accordance with this, a lease agreement usually includes other critical financial obligations. These factors build upon the basic understanding of rent remittance and are integral to the agreement:
919:) exists when a tenant remains in possession of a property after the expiration of a lease, and until the landlord acts to eject the tenant from the property. Although the tenant is technically a
1564:
For land in the UK, a tenancy or lease granted for more than 7 years must be registered at the land registry and a tenancy or lease for more than 3 years must be granted and witnessed by using a
381:
Some kinds of leases may have specific clauses required by statute depending upon the property being leased, the jurisdiction in which the agreement was signed, and the residence of the parties.
423:
Termination clause (describing what will happen if the contract is ended early or cancelled by either of the parties, stating the rights of parties to terminate the lease, and their obligations)
1471:
1840:
448:). A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a
102:
1119:(UK: motor insurance), if the renter does not already have a policy to cover rentalsâanother important consideration for multiple drivers. Some agencies may even require a
1656:
923:
at this point, and possession of this type is not a true estate in land, authorities recognize the condition in order to hold the tenant liable for rent. The landlord may
1689:
1191:
How much: Rent may be payable monthly, annually, or in advance, or as otherwise agreed. A typical arrangement for tenancy at will is "first and last month's rent" plus a
818:
requirement the termination could not be effective on the 20th of the following month, even though this would give the tenant more than the required one month's notice.
550:
Under normal circumstances, owners of property are at liberty to do what they want with their property (for a lawful purpose), including dealing with it or handing over
1551:
289:, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. In essence, a lease agreement is a contract between two
1374:
is generally illegal, whatever the rent charged to the subtenant; in the UK it is officially described as a category of housing fraud. In New York the subletting of
655:
purposes until the late 18th century and early 19th century when the growth of cities in industrialized countries made leases an important form of landholding in
2632:
1710:
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In residential real estate, it is sometimes illegal to charge the subtenant more than the original amount in the sublessee's contract (for instance, in a
2587:
1872:
1127:
Further terms may include added fees for late returns, drop-off at a different location, or failure to top up the petrol immediately before the return.
1009:
Rent is a requirement of leases in some common law jurisdictions, but not in civil law jurisdictions. In
England and Wales it was held in the case of
931:
case, the landlord can raise the rent, so long as the landlord has told the tenant of the higher rent before the expiration of the original lease.
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1937:
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without proper notice and authority (e.g., 24 hours' notice, daytime, knock first, except for emergency repairs, in case of fire, flood, etc.).
1911:
1992:
1806:
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In order to rent (alternatively called lease) in many apartment buildings, a renter (lessee) is often required to provide proof of renters
374:, since it also represents a conveyance of possessory rights to real estate, it is a hybrid sort of contract that involves qualities of a
626:
is where the landlord and tenant happen to be the same and can terminate a lease where there are no subtenants in certain jurisdictions.
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from the old French for middle. The headlease tenant has no right to grant a sublease which extends beyond the end of the headlease.
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This article contains quotations from this source, which is available under the
Creative Commons Attribution 3.0 Australia license.
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The agreement may also feature terms that explain circumstances for potential increases in rent, among various other conditions.
496:, this term generally is also used for informal and shorter leases. The right to possession by the tenant is sometimes called a
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If a lease exists at the sole discretion of the landlord, the law of the jurisdiction may imply that the tenant is granted, by
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2017:
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of the payment period. In other words, if a month-to-month tenancy began on the 15th of the month, in a jurisdiction with a
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It is possible to rent in such a way many things such as domestic animals, electrical appliances, handbags and jewelry.
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is the obtaining of the landlord's title and is most commonly negotiated with the landlord where a tenant pays only a
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1115:, and only those drivers appearing on the contract may be authorized to drive. It may include an option to purchase
452:. For parts of buildings it is most common for users to pay also by collateral contract, or by the same contract, a
203:
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cooperatives is illegal. Mitchell-Lama residents must maintain a primary residence to remain in their cooperative.
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763:
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1985:
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May have a specific list of conditions which are therein described as
Default Conditions and specific Remedies.
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Stickney and Weil 2007 p. 791 (Glossary of
Financial Accounting: An Intro. to Concepts, Methods, and Use 12e).
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539:) to use property, but which is subject to termination at the will of the owner of the property (called the
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1821:
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Lease financing for equipment is generally provided by banks, captives and independent finance companies.
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755:
637:
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A periodic lease agreement (most often a month-to-month lease) internationally and in some regions of the
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which is normally an express list of services in a lease to minimize disputes over service charges. A
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2198:
2141:
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2053:
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1978:
1941:
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include use of a computer program (similar to a license, but with different provisions), or use of a
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is a tenancy which either the landlord or the tenant may terminate at any time by giving reasonable
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Has a specific consideration (a lump sum, or periodic payments) for granting the use of this object.
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689:
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478:, commonly tenancies initially granted for more than a year are referred to more simply as leases.
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Identifies the specific object (by street address, VIN, or make/model, serial number) being leased.
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1774:: American Institute for Chartered Property Casualty Underwriters/Insurance Institute of America.
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1965:
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Contractual agreement in which an asset's owner lets someone else use it in exchange for payment
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vehicles, storage, business, agricultural, institutional, or government use, or other reasons.
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1472:"Accounting for leases | F7 Financial Reporting | ACCA Qualification | Students | ACCA Global"
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period. There should also be advice on handling thefts, accidents, break-downs, and towing.
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Zealand you may have to specifically endorse a promise that the car will not be driven onto
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The notice must also state the effective date of termination, which, in some jurisdictions,
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in common law jurisdictions retains the influence of the common law and, particularly, the
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A tenancy for a duration greater than one year must be in writing in order to satisfy the
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is less precise because it can refer to either of these actions). Examples of a lease for
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Who: The parties involved in the contract, the lessor (sometimes called the owner or
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672:
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stipulates a rent that is for the global amount due including all service charges.
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196:
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Contributions to the maintenance of communal areas (commonly referred to as CAM).
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2001:
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Additional events including riot, aircraft, explosion, hail, falling objects,
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Terms that may not be considered transparent include terms that are hidden in
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62:
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1195:. The "last month's rent" is rent that has yet to be earned by the landlord.
467:: determinable/breakable lease) is a lease that may be terminated (formally
294:
1626:
1507:"If you want it, rent it ... from a 'must have' handbag to an Aston Martin"
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2501:
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2012:
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Wiening, Eric; George Rejda; Constance
Luthardt; Cheryl Ferguson (2002).
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677:
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situation where the rental amount is controlled by law). Subletting of
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The specifics of these rules differ from jurisdiction to jurisdiction.
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of the lease). A lease may be terminated sooner than its end date by:
17:
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before signing the rental agreement. There is a special type of the
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May have other specific conditions placed upon the parties such as:
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or rent of some nominal amount is sufficient for this requirement.
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1321:
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282:
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1601:. Upper Saddle River, New Jersey: Pearson Prentice Hall. p.
2283:
1795:
William E. (Bill) Roark; William R. (Ryan) Roark (4 July 2013).
1690:"When Can Condo and Co-op Boards Fine the Owners and Residents?"
1627:"Real Estate Glossary Business Dictionary Definition Head Lease"
1565:
1527:"California Tenants - California Department of Consumer Affairs"
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1292:
policy, a renter's insurance policy covers those aspects of the
502:
375:
1974:
1711:"Rental cars: An industry guide to the Australian Consumer Law"
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What: Rented real estate may include all or part of almost any
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Has provisions for a security deposit and terms for its return.
1970:
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1036:
727:
577:
132:
77:
36:
1657:"Drafting a Better and More Effective Right of First Refusal"
697:, in the same way and manner as a usual commercial contract.
510:
Break/cancellation (this depends upon the terms of the lease)
440:
is land (including at any vertical section such as airspace,
1139:
A rental agreement is often called a lease, especially when
436:
The narrower term 'tenancy' describes a lease in which the
1382:
as a less expensive alternative for travelers and locals.
1001:
or schedules or phrased in complex or technical language.
886:
Tenant uses the property to operate a criminal enterprise;
1570:
HM Land Registry Practice Guide 25. Retrieved 2012-07-08
500:. A lease can be for a fixed period of time (called the
963:
There have been recent restrictions and limitations in
98:
1525:
California, Department of Consumer Affairs, State of.
1347:, snow, sleet, and weight of ice may also be covered.
580:
271:
arrangement calling for the user (referred to as the
889:
Landlord transfers his/her interest in the property;
2545:
2464:
2371:
2243:
2207:
2107:
2026:
1822:
Tracking down England's council house sublet cheats
993:
readily available to any party affected by the term
574:
163:. Unsourced material may be challenged and removed.
93:
may be too technical for most readers to understand
1798:Concise Encyclopedia of Real Estate Business Terms
1763:
1296:and its contents not specifically covered in the
1209:The tenant's duty to cover certain utility costs;
1160:) and the lessee (sometimes called the renter or
1111:There will certainly be a requirement to show a
391:The starting date and duration of the agreement.
363:, and thus enforceable by all parties under the
927:such a tenant at any time, and without notice.
892:Landlord leases the property to another person;
604:A transfer of a remaining interest in a lease,
397:Provides conditions for renewal or non-renewal.
293:: the lessor and the lessee. The lessor is the
384:Common elements of a lease agreement include:
2633:List of housing markets by real estate prices
1986:
1647:City of London Corporation v Fell 1 A.C. 459
1215:The necessary payment for property insurance;
8:
1550:: CS1 maint: multiple names: authors list (
1515:, 2009-01-04. Retrieved on 9 September 2009.
1247:The security deposit is often handled as an
597:which is the general principle flowing from
1892:. Equipment Leasing and Finance Association
1278:. This is commonly referred to as renter's
1071:. Unsourced material may be challenged and
980:A term is considered transparent if it is:
762:. Unsourced material may be challenged and
418:Which party is responsible for maintenance.
71:Learn how and when to remove these messages
2673:
1993:
1979:
1971:
259:A sign in Chicago offering space for lease
1091:Learn how and when to remove this message
782:Learn how and when to remove this message
241:Learn how and when to remove this message
223:Learn how and when to remove this message
121:Learn how and when to remove this message
105:, without removing the technical details.
684:in the 19th century. With the growth of
1884:
1882:
1454:
1212:Possible property taxes, if applicable;
706:Fixed-term tenancy or tenancy for years
535:, which may entitle a person (called a
275:) to pay the owner (referred to as the
1871:: CS1 maint: archived copy as title (
1864:
1705:
1703:
1543:
984:expressed in reasonably plain language
864:A tenancy at will is broken, again by
388:Names of the parties of the agreement.
676:philosophy that dominated the law of
103:make it understandable to non-experts
7:
2660:
1912:"Industry News: Around the Industry"
1674:"Right Of First Refusal Definition."
1069:adding citations to reliable sources
760:adding citations to reliable sources
529:A lease should be contrasted with a
161:adding citations to reliable sources
1206:Potential security or pet deposits;
412:Need to provide insurance for loss.
2618:Undergraduate real estate programs
1218:Any costs associated with repairs;
1108:(because of the hazardous tides).
305:can refer to two kinds of leases:
25:
2416:Investment rating for real estate
1938:"Equipment Financing on the Rise"
1720:. Commonwealth of Australia. 2013
1282:or renter's coverage. Similar to
1033:Provisions specific to car rental
52:This article has multiple issues.
2672:
2659:
2647:
2646:
1730:
1041:
732:
570:
367:of the applicable jurisdiction.
137:
82:
41:
1756:
1597:Economics: Principles in Action
319:the asset (e.g. land or goods)
148:needs additional citations for
60:or discuss these issues on the
2573:Graduate real estate education
2018:Tertiary sector of the economy
1745:Critical Financial Obligations
1300:written for the complex. This
525:By operation of statute (rare)
488:) has possession and use (the
309:A lease in which the asset is
1:
1679:. Retrieved 12 January 2020.
1672:Chen, James (9 April 2019).
1663:. Retrieved 12 January 2020.
1309:Accidental discharge of water
2527:Real estate investment trust
2132:Extraterrestrial real estate
1801:. Routledge. pp. 200â.
1419:Leasehold valuation tribunal
1203:The overall rent to be paid;
558:Similar principles apply to
2532:Real property administrator
2522:Real estate investment club
1286:coverage, referred to as a
972:Transparency and fine print
339:(such as a contract with a
2747:
2189:Private equity real estate
1232:
547:and still not be a lease.
29:
2641:
2137:International real estate
2008:
1661:LawJournalNewsletters.com
1272:specifically for rentersâ
646:History of leases of land
635:a lessee may negotiate a
1718:Australian Consumer Laws
1012:Ashburn Anstalt v Arnold
895:Tenant or landlord dies.
2331:Real estate transaction
2220:Real estate development
327:by the owner (the verb
298:used for personal use.
2431:Real estate derivative
2391:Effective gross income
2157:Healthcare real estate
638:right of first refusal
458:gross lease or tenancy
260:
32:Lease (disambiguation)
2588:Industry trade groups
2492:Exclusive buyer agent
2446:Real estate valuation
2436:Real estate economics
2396:Gross rent multiplier
2225:Real estate investing
2127:Corporate Real Estate
1966:Lease Journal Entries
1772:Malvern, Pennsylvania
1334:or malicious mischief
913:tenancy at sufferance
907:Tenancy at sufferance
876:against the property;
513:A negotiated deed of
258:
2406:Highest and best use
2372:Economics, financing
2336:Real estate contract
2230:Real estate flipping
2199:Residential property
2142:Lease administration
2094:United Arab Emirates
1694:New York Law Journal
1266:homeowners insurance
1065:improve this section
1024:Exclusive possession
915:(sometimes called a
756:improve this section
463:A cancelable lease (
281:) for the use of an
157:improve this article
30:For other uses, see
2726:Landlordâtenant law
2386:Capitalization rate
2381:Asset-based lending
2215:Property management
2120:Commercial building
2115:Commercial property
1890:"Industry Overview"
1591:Sheffrin, Steven M.
879:Tenant attempts to
838:. Under the modern
690:consumer protection
599:privity of contract
359:A lease is a legal
341:cell-phone provider
333:intangible property
2613:Real estate trends
2517:Real estate broker
2487:Chartered Surveyor
2441:Real estate bubble
2421:Mortgage insurance
2254:Adverse possession
2177:Luxury real estate
2152:Garden real estate
1944:on 13 October 2014
1918:on 13 October 2014
1766:Personal Insurance
1659:(December 2006).
1587:O'Sullivan, Arthur
1476:www.accaglobal.com
701:Types of tenancies
662:The modern law of
498:leasehold interest
261:
2688:
2687:
2326:Property abstract
2309:Land registration
2269:Concurrent estate
2194:Real estate owned
2184:Off-plan property
2162:Vacation property
2147:Niche real estate
1830:, BBC, 4 May 2011
1808:978-1-136-42023-8
1386:Equipment leasing
1345:volcanic eruption
1106:Ninety-Mile Beach
1101:
1100:
1093:
990:presented clearly
945:Statute of Frauds
797:Statute of Frauds
792:
791:
784:
595:privity of estate
564:personal property
545:perpetual license
476:land registration
438:tangible property
313:. Here, the user
311:tangible property
251:
250:
243:
233:
232:
225:
207:
131:
130:
123:
75:
16:(Redirected from
2738:
2676:
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2649:
2593:Investment firms
2512:Property manager
2411:Home equity loan
2314:Leasehold estate
2274:Conditional sale
1995:
1988:
1981:
1972:
1954:
1953:
1951:
1949:
1940:. Archived from
1934:
1928:
1927:
1925:
1923:
1914:. Archived from
1908:
1902:
1901:
1899:
1897:
1886:
1877:
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1858:
1853:on 8 August 2019
1852:
1846:. Archived from
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1770:(1st ed.).
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1235:Security deposit
1193:security deposit
1135:Leasing property
1113:driver's license
1096:
1089:
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1076:
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917:holdover tenancy
866:operation of law
851:operation of law
787:
780:
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773:
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736:
728:
724:Periodic tenancy
608:, is a type of (
587:
586:
583:
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415:Restrictive use.
303:rental agreement
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2736:
2735:
2721:Legal documents
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2541:
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2401:Hard money loan
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2348:Rent regulation
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1444:Vehicle leasing
1429:Operating lease
1424:Leveraged lease
1400:
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1357:real estate law
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872:Tenant commits
828:tenancy at will
824:
822:Tenancy at will
788:
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771:
768:
753:
737:
726:
708:
703:
648:
616:Enfranchisement
573:
569:
517:or yielding-up.
444:of building or
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337:radio frequency
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236:
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99:help improve it
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28:
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2679:List of topics
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2628:Urban planning
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1960:External links
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562:as well as to
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432:Leases of land
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2374:and valuation
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2716:Business law
2706:Property law
2701:Contract law
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2598:Land banking
2497:Land banking
2482:Buyer broker
2456:Rental value
2318:
2279:Conveyancing
2089:Saudi Arabia
1948:21 September
1946:. Retrieved
1942:the original
1932:
1922:21 September
1920:. Retrieved
1916:the original
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1896:21 September
1894:. Retrieved
1855:. Retrieved
1848:the original
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1560:
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1368:rent control
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155:Please help
150:verification
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54:Please help
51:
2623:Urban decay
2477:Buyer agent
2299:Foreclosure
2294:Encumbrance
2167:Arable land
2079:Puerto Rico
2027:By location
2002:Real estate
1536:12 December
1481:12 December
1284:condominium
1141:real estate
960:the lease.
935:Formalities
855:life estate
686:consumerism
657:urban areas
620:ground rent
450:ground rent
295:legal owner
269:contractual
2695:Categories
2578:Green belt
2451:Remortgage
2235:Relocation
2034:Bangladesh
1496:purposes."
1450:References
1404:Ecoleasing
1233:See also:
1018:peppercorn
999:fine print
921:trespasser
868:, if the:
859:fee simple
857:or even a
840:common law
810:be on the
713:common law
610:alienation
606:assignment
552:possession
521:Forfeiture
469:determined
325:rented out
183:newspapers
57:improve it
2563:Filtering
2553:Companies
2472:Appraiser
2353:Severance
2049:Indonesia
1338:Windstorm
1332:Vandalism
1317:lightning
1294:apartment
1280:insurance
1262:insurance
1256:Insurance
1243:Key money
1180:landlord.
1052:does not
743:does not
588:landlords
515:surrender
301:The term
213:June 2014
111:June 2020
63:talk page
2653:Category
2558:Eviction
2502:Landlord
2304:Land law
2069:Pakistan
2013:Property
1867:cite web
1827:Panorama
1633:5 August
1593:(2003).
1574:LPA 1925
1546:cite web
1398:See also
1351:Sublease
1158:landlord
816:last day
812:last day
678:contract
664:landlord
541:licensor
537:licensee
361:contract
329:to lease
287:Property
2731:Leasing
2666:Commons
2583:Indices
2465:Parties
2264:Closing
2208:Sectors
1857:15 July
1439:Renting
1268:in the
1229:Deposit
1150:parking
1146:housing
1073:removed
1058:sources
987:legible
764:removed
749:sources
629:In the
532:license
494:tenancy
370:In the
321:let out
291:parties
197:scholar
172:"Lease"
97:Please
2671:
2658:
2645:
2603:People
2537:Tenant
2363:Zoning
2084:Russia
2074:Panama
2059:Turkey
2039:Canada
1805:
1778:
1609:
1302:policy
1249:escrow
1241:, and
1162:tenant
881:assign
832:notice
695:notice
668:tenant
624:Merger
568:mesne
490:rental
485:tenant
442:storey
278:lessor
273:lessee
199:
192:
185:
178:
170:
18:Leases
2546:Other
2319:Lease
2108:Types
2064:Kenya
2054:Italy
2044:China
1851:(PDF)
1844:(PDF)
1724:9 May
1714:(PDF)
1327:Theft
1322:Smoke
925:evict
874:waste
844:cause
316:rents
283:asset
267:is a
265:lease
204:JSTOR
190:books
2284:Deed
1950:2014
1924:2014
1898:2014
1873:link
1859:2019
1803:ISBN
1776:ISBN
1726:2016
1635:2010
1607:ISBN
1566:deed
1552:link
1538:2017
1483:2017
1313:Fire
1289:HO-6
1275:HO-4
1166:pets
1121:bond
1056:any
1054:cite
1005:Rent
951:Term
808:must
747:any
745:cite
680:and
666:and
503:term
446:mine
376:deed
176:news
2245:Law
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