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Explain different types of lease agreement?
A sale and lease back agreement is when one buys something from one party, and then turns around and leases it back to that person. A month to month lease is when one leases property on a monthly basis.
Is A lease as good as agreement to lease?
A lease in itself, is an agreement to lease. All the same.
What is the difference between a perpetual lease and a sale deed?
A lease is the written agreement under which the property owner allows the tenant to use the property for a period of time in exchange for the payment of rent. A sale is an agreement in which property is transferred from a seller to a buyer for a fixed price.
Does a lease agreement have to be notorized in Ohio?
No, a lease agreement does not have to be notarized.
What is the difference between a lease agreement and a commercial lease agreement?
A lease agreement could be for the cases of private leasing including residential purposes. A commerical lease agreement is leasing for use of businesses.
Does property sale void lease?
Generally, the sale of a property does not automatically void an existing lease. The new owner typically inherits the lease and must honor its terms unless specific provisions allow for termination. However, the lease agreement itself may contain clauses that address what happens in the event of a sale, so it's essential to review the lease for any specific conditions. Tenants should be informed of the change in ownership and any implications for their lease.
Who can put witness signature in an agreement for eg in lease agreement?
A landlord can put a witness signature in a lease agreement. A property owner can also sign as a witness to a lease agreement.
What do you mean by blank lease agreement?
A blank lease agreement is an agreement that can be edited legally, and for a side of the party that is involved in the agreement to fill out. Afterwards, both parties will sign the blank lease agreement if both parties agrees to the terms and conditions filled out on the blank lease agreement.
What happens if your landlord wants to break the lease agreement to sell the house you rent?
I'm no lawyer but... In some locations there are laws that provide a landlord the ability to terminate a lease due to sale. It probably has to be an "arm's length" sale, e.g not to his wife or brother.
Who do renters make a lease agreement with?
Renters make a lease agreement with a landlord.
Can you start settling into a condominium you want to buy on a bank's Short Sale if current debtor said you can Please see Discussion area?
Installing yourself into a residence that you do not own or under which you have no lease agreement with an owner is never a good idea. If your lease agreement was made after the owner was notified of the short sale, the lease agreement may be null and void. Your status would be considered that of a squatter if you move in before you purchase the condominium. You would be subjected to the laws in your state that applies to squatters.
Does a lease agreement be a verbal agreement?
No it doesn't.
