A lease and a rental agreement are similar but not exactly the same. A lease typically refers to a long-term contract, usually lasting for a year or more, outlining specific terms and conditions for renting a property. In contrast, a rental agreement is often a month-to-month arrangement that can be more flexible, allowing either party to terminate with shorter notice. Both documents serve to establish the rights and responsibilities of tenants and landlords.
only if the lease has a statement that your lease is automatically renewed unless the tenant does not wish same.
A lease in itself, is an agreement to lease. All the same.
Yes, but you will have to follow the same eviction steps as if you did have an agreement.
Yes, the lease typically remains valid even if the rental property is sold. The new owner usually assumes the existing lease and becomes the new landlord, with the same terms and conditions that were agreed upon in the original lease. However, it is important to review the lease agreement and consult with legal professionals to understand the specific rights and obligations in such cases.
Finance lease and operating lease are different things.
Yes, it is possible to have both a gain to lease and a loss to lease in the same month. A gain to lease occurs when the rental income from leased properties exceeds the expected or budgeted amount, while a loss to lease happens when actual rental income falls short of expectations. These situations can arise due to varying lease agreements, tenant turnover, or market fluctuations, allowing for simultaneous occurrences within the same reporting period.
That would depend on what it says in your lease agreement.
No, without a written lease, the landlord can only evict the same as a month to month lease agreement (30 days) but the protections to the tenant and landlord are not stated.
They are the same thing.
You have the right to leave at the end of the lease, or, with a month-to-month tenancy, at the end of the next rental period, after giving proper notice. The thing is, that murderer has to live somewhere.
Generally yes, if the spouse is going to be living with the tenant. Most landlords will require that all adults who will be living in the property unit sign the lease, and are subject to the same terms of the lease as the principal signer.
Unfortunately; yes you ARE responsible the exact same as if you were the PRIMARY person on the lease. Well sorry. k love yayahs