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Here is an example of a rent amount clause in a lease: "The Tenant agrees to pay $12,000 as rent, to be paid as follows: $1,000 per month, due on the 1st day of each month. Payment of the first month's rent and any security deposit is due upon the signing of this Lease by the Tenant.
Lease can be either written or oral. If written, lease must be in plain language and written so the average person can understand it (N.J.S.A.
California's Statute of Frauds requires a lease to be in writing if it either: 1. has a term longer than one year; or 2. has a term less than one year which expires more than one year after the agreement is reached.
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.
Introduction to Leases Please note that a lease agreement longer than one year must be in writing. A lease is essentially a contract between a landlord and a tenant. As with any contract, both parties have the right to negotiate the terms before entering into it.
Site Lease Agreement means the agreement between Owner and Landlord, whether license, lease or otherwise, whereby Owner acquires the right to occupy, build and operate a Site on Landlord's property.
A written lease does not take effect until it is signed by the lessor. Lease terms begin on the date specified in the lease agreement. If the beginning date of the lease is not specified, the term will begin from the time the lease was dated. If the lease is not dated the term will begin when the lease is delivered.
For example, the original tenant might have put holes in the wall to make a new passageway or undertaken other major work on the property. At the end of the lease, the new tenant must fix those issues and return the property to the condition that it was in at the start of the lease.