Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are standard lease terms?

April 26, 2017lease standard terms

0

Posted

What are standard lease terms?

1 Answer

0

Posted

Lease terms are the obligations and regulations that are agreed upon between the tenant and landlord. They can range greatly between landlords, provided they follow local and national laws. Amongst other things, the lease states the current rental rate, and a time period for which the tenant will be responsible for the unit. The lease is a signed legal contract between the tenant and landlord, and can lead to legal action if either party violates the terms set forward within.