Lessor agrees to lease unto lessee certain property identified in the agreement. The term of the lease is one year and at the end of the primary term of the lease, it will automatically be extended for one additional year unless the lessee gives the lessor notice of its intent not to extend the term. The agreement also states that time is of the essence in the performance of all duties, obligations, and responsibilities under the term of the lease.
Lease Agreement Form
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Ten Terms To Include In Your Lease AgreementNames of all tenants.Limits on occupancy.Term of the tenancy.Rent.Deposits and fees.Repairs and maintenance.Entry to rental property.Restrictions on tenant illegal activity.More items...?
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To complete, enter both a beginning and end date. A Lease Agreement is a legal document for a landlord or property owner to set the terms for renting property.This Agreement is to be governed under the laws located in the State of Maryland. But with platforms like Avail, you can now create state-specific lease agreements that can be customized to your liking and signed online.