Renting a Home

Leases

Do all tenants have the same kind of lease?

No. Most tenants fall into one of two categories.

  • If the tenant rents for a fixed period of time (that is, a term) and no notice is required to terminate, the tenancy is called a tenancy for years. This tenancy is usually in writing. It must be in writing if the term of the lease is longer than one year.
  • If the tenancy continues indefinitely, automatically renewing from one period to the next, and if a notice is required to terminate, the tenancy is called periodic. This lease or agreement may be written or oral.

>>What is a lease or rental agreement?
>>Do all tenants have the same kind of lease?
>>What are the advantages of an oral versus a written lease?
>>What are the disadvantages of an oral lease?
>>What are the advantages of a written lease?
>>What are the disadvantages of a written lease?
>>Can leases be negotiated?
>>How should the tenant or the landlord change the lease if either doesn't like certain clauses?
>>Does the law regulate the provisions in a lease?
>>Can tenants be forced to waive their rights by signing a lease?


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