Massachusetts Leasing Services Agreement

State:
Multi-State
Control #:
US-EG-9249
Format:
Word; 
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Description

Leasing Services Agreement between Ichargeit.Com, Inc. and Leasing Group, Inc. regarding management of leasing programs whereby distributor's customers can obtain leases through third party lessor dated April 5, 1999. 4 pages.
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FAQ

To be valid, an assignment must be in writing. While your lease may say that you need the landlord's permission to assign, many leases also state that the landlord cannot unreasonably deny her consent. If this is the case, the landlord cannot unreasonably deny you permission to assign.

As long as both parties have agreed to the terms (either by signing a written agreement or using a verbal confirmation), it is a legally binding document.

Tenant shall not commit, nor permit to be committed, any waste or nuisance upon, in or about the premises, nor shall the Tenant create or permit a substantial interference with the comfort, safety, or enjoyment of owner and other occupants of the building or their agents, guests, and/or invitees.

A right of first refusal is a contractual right giving its holder the option to transact with the other contracting party before others can. The ROFR assures the holder that they will not lose their rights to an asset if others express interest.

If there is no written lease, it is possible that you have an oral agreement based on a verbal understanding with the landlord. This oral agreement and its terms will be valid and enforceable if the lease period is one year or less. If there is no lease, either written or oral, a landlord still can evict you.

A Massachusetts month-to-month rental agreement creates a short-term lease that allows a tenant to lease a residential property until canceled. Either the landlord or tenant can cancel the agreement by providing sufficient notice of at least thirty (30) days.

A lease with a clause the makes a tenant pay a set amount for breaking their lease early is illegal in this state. California caps what the landlord can recover when a tenant breaks a lease; they can only recover the actual damages suffered because of the termination of the lease.

Unwritten leases that are for a term of longer than one year or that expire more than one year after the agreement is reached are unenforceable. If a tenant enters into possession under an unenforceable lease, the tenant becomes a tenant at-will.

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Massachusetts Leasing Services Agreement