Alabama Apartment Lease for One Year
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How to fill out Apartment Lease For One Year?
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FAQ
Read: Difference between a lease and a rental agreement. A short-term lease generally refers to a lease that is either month-to-month, for three months or anything up to six months, while a long-term lease is anything longer than six months.
You're responsible for paying rent for your entire fixed-term tenancy. You can move out early without paying rent for the full tenancy if: there is a break clause in your tenancy agreement. your landlord agrees to end the tenancy early.
In general, you can only end the tenancy early if your landlord agrees. Your landlord does not necessarily have to do so. You will remain responsible for paying the rent until the end of the tenancy contract or the next break clause point.
Most standard leases are for a period of one year, or twelve months. But there are often options for both longer-term and shorter-term leases.
In practice, 12-month tenancies are the norm, as they strike a good balance between guaranteeing the landlord sufficient rent and giving the tenant enough freedom to leave the tenancy after a reasonable period of time.
The fact that the terms of the lease has come to an end does not mean that you have to leave the property. Unless you or your landlord takes specific steps to end the agreement under the lease, it will simply continue on exactly the same terms. You do not need do anything unless you receive a notice from your landlord.
In Alabama, the maximum duration of a standard residential lease agreement is one (1) year. However, a lease can be longer if the exact duration of the tenancy is specified in the lease and agreed upon by both landlord and tenant.
These leases are for the committed. If you just got a new job, if you're not planning to leave town for a while or if you're a person who hates the stresses of moving, then this lease is for you. This option is the most common one available.
A lease is term-specific, usually lasting one year. That means that you have agreed to live in the apartment for that period of time. If you need to move away for any reason, you may be held to the terms of your lease. A landlord can make you buy out your lease, for example.
