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The Virginia standard residential lease agreement is a legal contract negotiated between two parties; a tenant and a landlord. The landlord in charge of renting out a residential property to an interested party will present this document to a prospective tenant (after having vetted them using a rental application form). The terms contained within the agreement should be fair for both parties and all conditions should be read over carefully before signatures are inscribed. The lease will include terms such…
The Arkansas sublease agreement is a contract which involves the tenant of a rented property (called the “sublessor”) leasing the property out to a third-party called a “sublessee.” The sublessor should remember to inform the landlord whenever there is another party assisting to pay prior to drafting a sublease agreement. In the case that the sublessee does not make a payment to the sublessor for a certain month, the sublessor has to pay the rent to the landlord in full by…
The North Carolina standard residential lease agreement is used to bind a landlord and tenant to a rental arrangement where the tenant pays for the use of livable space. This form is structured around a one (1) year term with payments made to the landlord every month. For the document to go into effect, both parties will have to agree to the terms of the contract such as the length of the lease term, rent due date, monthly rent cost,…
The Colorado Sublease Agreement allows the original tenant of a rental property, called the “sublessor” to rent out the same property to another individual called the “sublessee.” Both the original tenant and the new sublessee pay the monthly rent, although the original sublessor is still in charge of payment and communication with the landlord. If there is no clause in the master lease regarding subletting, it is recommended that the landlord be contacted to request permission. Regardless, the primary tenant…
The New York month-to-month lease agreement is a rental contract for residential real estate that allows a tenant to occupy space for an unstated period of time. The agreement will continue perpetually until the lessor or lessee gives notice to the other to terminate. Even though the lease can be considered a short-term arrangement, it must follow all State laws, and the landlord will have the same legal and financial exposure as a standard lease agreement. Therefore, the landlord is recommended…