Lease Agreement Rent

Leases are usually long-term contracts (12 to 24 months), while leases are usually short-term (a few weeks or months). The lease may also relate to a periodic lease (most often a monthly lease) internationally and in certain areas of the United States. [5] The following standard lease agreement applies to all states except California, Florida and Washington, DC. In this type of agreement, a tenant pays a non-refundable option fee in exchange for the option to buy the house at a predetermined price. If the tenant decides not to buy the property, the landlord keeps the option fee….

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