It means that if you don't pay the rent your landlord can execute you!! Just kidding. Execution, in any term, means the carrying out of a legal order. A lease, once it has been created, prepared, and signed by both parties, has been executed once the keys are issued to the tenant.
A Renewal is a Continuation of the Original Lease. So no. its not a execution.
No, not everyone will need a residential lease form. If you rent, you should make sure that you do get a lease form though. It will protect you and your landlord from any problems that may arise.
this is where i found the best info on Is my residential lease in the business zone of my town. here is the website www.beyondtherate.com/pdfs/6_Lease_Agreement.pdf
Absolutely.
The person(s) who live in the house, also own the house. They do NOT rent or lease it from a third party.
If you have a lease agreement with a fixed term (Example: a typical 12 month residential lease agreement) then you cannot get out unless you get the Landlord's permission.
A lease agreement could be for the cases of private leasing including residential purposes. A commerical lease agreement is leasing for use of businesses.
It would be called a Residential Rental Agreement, Residential Lease, Month-to-Month Tenancy Agreement, or something to that effect. The name varies widely.
Running a business from a residential lease can be very tricky, especially if the owner doesn't approve of your business. I would first hire a lawyer to find out what kind of contract you can come up with with your landlord.
december 19th 2011
This matter can be quite tricky,depending on whether the lease was a domestic residential or a commercial lease. They both need to be looked in detail by a lawyer,as the landlord may have hidden clauses engrained therein the lease and which may mean the same thing. It is seldom that landlords would leave out a crucial point in the lease. [Syed Amir]
You must be 18 years old to enter into a residential lease agreement in the USA.