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Rental agreements are required for tenancies of 12+ months or longer in Massachusetts. Even if the tenancy is less than 12 months, we strongly encourage our landlords to create a written rental agreement with their tenants. It's easy to create and sign a lease online.
term lease is an apartment rental agreement with a duration of 12 months or more. Typically, a longterm lease is considered a yearlong agreement, but there are 13month, 15month, and longer lease lengths available depending on the city, apartment, and landlord!
term rental is an occupied property that is not a hotel, motel, lodging house or bed and breakfast establishment, where at least one room or unit is rented out by an operator through the use of advance reservations. term rental includes an apartment, house, cottage, and condominium.
Leases, which typically run for one year, are binding legal contracts.
Overview of Massachusetts Short-Term Rental LawThe new law expands the state's hotel and motel tax to include the short-term rental of homes (condominiums, single family, multifamily, etc.). Massachusetts is one of the last states to adopt this type of tax.
The most common lease term is for one year, but leases can be for any length of time as long as the landlord and tenant agree to the length. They can be as short as six months or as long as 30 years, which would be more common in commercial leases. No Automatic Renewal: Lease agreements do not automatically renew.
If the lease expires without action or renewal, the tenant does not become a squatter. Under Massachusetts law, they become either a "tenant at will" or a "tenant at sufferance" . The difference is whether they have the landlord's permission to remain.
A property that is rented anywhere between one evening up to one month is often considered a short term rental. In contrast, a property rented for one month or longer is usually considered a long term vacation rental.
term lease generally refers to a lease that is either monthtomonth, for three months or anything up to six months, while a longterm lease is anything longer than six months.
On December 28, 2018, Governor Baker signed into law a bill regulating and taxing short-term rentals of homes and condos. A short-term rental is defined as a rental period of 31 days or less. Annual and long-term (32 days or more) are excluded from this tax.