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March 18, 2013

Renting a Home

Leases

What are the disadvantages of an oral lease?

Because nothing is written down, the major disadvantage is the possibility of misunderstandings between the landlord and the tenant about the conditions of the tenancy.

>>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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