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An Alaska Sublease Agreement allows the tenant of a property (called the “Sublessor”) to lease out the currently rented property to another potential tenant (called the “Sublessee”). The sublessee does not directly pay the landlord but pays the sublessor, who in turn delivers the payment to the landlord. This situation is common for college students or for individuals that want to lessen the burden of their monthly payments by acquiring a roommate. It is highly recommended that the sublessor do…
The Virginia month-to-month rental agreement is used by landlords to rent property to tenants for an indefinite period of time with the tenant paying rent on a monthly basis. This rental arrangement is the same as any other standard residential lease agreement in the sense that the two parties are bound by the same rental laws in accordance with State statutes. Furthermore, the rental agreement will contain terms and conditions, such as landlord and tenant rights and responsibilities, that are…
The North Dakota standard residential lease agreement is a rental contract between a landlord and a tenant that lasts one (1) year, although the term can be any fixed time period. The tenant’s main responsibility is to pay the landlord the monthly amount detailed in the agreement (typically on the first of every month) while the landlord’s duty is to ensure the rental space remains in a livable condition. All potential lessees should fill out a rental application to verify…
The Maine month-to-month lease agreement, or tenancy at will, is defined as a legal contract that doesn’t have a stated termination date. Instead, the contract renews with each monthly payment and may be canceled at any time with proper notice. The landlord will typically take the same precautions as a standard tenant due to the eviction laws being the same for all types of residential lessees and will therefore request that a rental application be completed. Once complete, the landlord…
An Oklahoma commercial lease is a document that binds an individual or entity into an arrangement for the use of space that may be used for a business-related purpose. The tenant will be required to pay rent in addition to whatever other expenses have been outlined in the rental agreement. Due to the financial investment made by the landlord (i.e., fitting the property to meet the tenant’s needs), the term will typically be between two (2) to five (5) years…