A lease may be written or verbal.

Size: px
Start display at page:

Download "A lease may be written or verbal."

Transcription

1 Leases 1

2 A lease may be written or verbal. 2

3 The property owner is called the landlord (lessor). 3

4 The landlord retains a leased fee estate. 4

5 The landlord also has a reversionary estate. 5

6 The tenant (lessee) has a temporary right of possession of the property. 6

7 The tenant s interest is called a leasehold estate. 7

8 Georgia Law defines a leasehold estate as real property. 8

9 Leasehold Estates Estate for Years Must have a definite starting and ending date. 9

10 Leasehold Estates Estate for Years It may be written or verbal. 10

11 Leasehold Estates Estate for Years If it is for more than one year it must be in writing to be enforceable. 11

12 Leasehold Estates Estate for Years Notice to terminate is not required by the landlord or the tenant. 12

13 Leasehold Estates Estate for Years It is not terminated by sale or other transfer of the property. 13

14 Leasehold Estates Estate for Years Death of the landlord or the tenant does not end the agreement. 14

15 Leasehold Estates Estate from Period-to-Period Upon payment of the rent, the tenant s rights are renewed for another equal period of time. 15

16 Leasehold Estates Estate from Period-to-Period This arrangement will continue until the landlord or the tenant gives notice to terminate. 16

17 Leasehold Estates Estate from Period-to-Period It is not terminated by sale or other transfer of the property. 17

18 Leasehold Estates Estate from Period-to-Period It is not terminated by the death of either party. 18

19 Leasehold Estates Estate at Will Occupancy by the tenant is for an unspecified and uncertain period of time. 19

20 Leasehold Estates Estate at Will The tenancy is not assignable. 20

21 Leasehold Estates Estate at Will If the property is sold or transferred the agreement ends. 21

22 Leasehold Estates Estate at Will If the landlord or the tenant dies the agreement ends. 22

23 Leasehold Estates Estates at Will In Georgia, a tenancy at will requires a 30 day written notice to vacate by the tenant. 23

24 Leasehold Estate Estates at Will In Georgia, a tenancy at will requires a 60 day written notice to vacate by the landlord. 24

25 Leasehold Estates Estate at Sufferance Arises when a tenant remains in the property after the term of the lease, or the notice to vacate has expired. 25

26 Leasehold Estates Estate at Sufferance The holdover tenant is not a trespasser. 26

27 Leasehold Estates Estate at Sufferance The landlord files a legal action of ejectment to have the holdover tenant removed from the premises. 27

28 Legally Competent Parties Requirements for a Valid Lease The landlord and the tenant must have the legal capacity to act. 28

29 Requirements for a Valid Lease Mutual Agreement There must be an offer, acceptance, and notice. 29

30 Genuine Assent Requirements for a Valid Lease The parties must have entered into the agreement of their own free will and were well informed. 30

31 Requirements for a Valid Lease Consideration Generally the consideration in a lease is the promise to pay rent in exchange for possession. 31

32 Legal Purpose Requirements for a Valid Lease The purpose of the lease must be legal. 32

33 Requirements for a Valid Lease In Writing Any lease for more than one year must be in writing to be enforceable. 33

34 Requirements for a Valid Lease In Writing An oral lease for one year or less is valid and enforceable. 34

35 Requirements for a Valid Lease Description of the Premises The lease must contain an adequate legal description. 35

36 Lease Term Requirements for a Valid Lease A lease usually has a very specific beginning and ending date. 36

37 Requirements for a Valid Lease Signature, Delivery and Acceptance A lease must be signed by the landlord and delivered to the tenant. 37

38 Requirements for a Valid Lease Signature, Delivery and Acceptance It is not essential for the tenant to sign the lease. 38

39 Requirements for a Valid Lease Signature, Delivery and Acceptance When the tenant takes possession and pays the rent, acceptance is implied. 39

40 Rights and Obligations of the Parties to a Lease Possession and the Right to Enter The tenant can refuse to accept the property if the landlord doesn t give possession at the agreed upon time. 40

41 Rights and Obligations of the Parties to a Lease Possession and the Right to Enter The landlord is not allowed to enter the premises after the tenant takes possession without their permission. 41

42 Rights and Obligations of the Parties to a Lease Use of the Premises Quiet Enjoyment - Guarantees that the tenant will not be disturbed or evicted because of a defective title into the landlord. 42

43 Rights and Obligations of the Parties to a Lease Use of the Premises Restrictive Covenant - States that the property can only be used for certain purposes. 43

44 Rights and Obligations of the Parties to a Lease Use of the Premises Protective Covenant - Prohibits a certain use of the property. 44

45 Rights and Obligations of the Parties to a Lease Rent Contract Rent - Is the amount of rent stated in the lease. 45

46 Rights and Obligations of the Parties to a Lease Rent Market Rent - Is the amount of rent that could be obtained under today s market conditions. 46

47 Rights and Obligations of the Parties to a Lease Rent If a lease does not state that the rent must be paid in advance, the rent would not be due until the end of the rental period. 47

48 Rights and Obligations of the Parties to a Lease Taxes And Insurance Unless the lease specifies otherwise, the landlord pays ad valorem taxes, special assessments, and insurance. 48

49 Rights and Obligations of the Parties to a Lease Repairs and Maintenance A tenant is obligated to keep leased property in good condition. 49

50 Rights and Obligations of the Parties to a Lease Repairs and Maintenance Neglect or misuse of the premises, resulting in a decrease in value, is called waste. 50

51 Rights and Obligations of the Parties to a Lease Repairs and Maintenance A tenant who commits waste is liable to the landlord for damages. 51

52 Rights and Obligations of the Parties to a Lease Implied Warranty of Habitability The landlord has an obligation to keep rented units at a minimum level of livability in order to collect rent. 52

53 Rights and Obligations of the Parties to a Lease Implied Warranty of Habitability If the landlord breaches this warranty, the tenant can make the repairs and deduct the cost from the rent owed. 53

54 Rights and Obligations of the Parties to a Lease Injury to The Tenant A landlord might be liable for injury to a tenant or a guest resulting from the landlord not making the necessary repairs. 54

55 Rights and Obligations of the Parties to a Lease Improvements A tenant can make leasehold improvements only if they are allowed to do so by the landlord. 55

56 Rights and Obligations of the Parties to a Lease Improvements Trade Fixtures - Are improvements made by a tenant in order to carry on a trade or business. 56

57 Rights and Obligations of the Parties to a Lease Improvements Trade Fixtures - Are personal property. 57

58 Rights and Obligations of the Parties to a Lease Improvements Trade Fixtures - Can be removed by the tenant prior to expiration of the lease. 58

59 Rights and Obligations of the Parties to a Lease Improvements Trade Fixtures - Trade fixtures not removed before the expiration of the lease become the property of the landlord by accession. 59

60 Rights and Obligations of the Parties to a Lease Security Deposits Security Deposits - The conditions of the lease will be fulfilled. 60

61 Rights and Obligations of the Parties to a Lease Security Deposits Security Deposits - The premises will be returned to the landlord in satisfactory condition. 61

62 A landlord may sell the property without the tenant s permission. Transfer of Landlord s Rights 62

63 Transfer of Landlord s Rights The new owner must honor all of the covenants in the existing lease. 63

64 Mortgage in Default If mortgage predates lease the mortgage prevails. Transfer of Landlord s Rights 64

65 Transfer of Landlord s Rights Mortgage in Default If the lease predates mortgage the lease prevails. 65

66 Mortgage in Default Subordination Clause - Tenant s rights have no priority. Transfer of Landlord s Rights 66

67 Transfer of Landlord s Rights Mortgage in Default Non-disturbance Agreement - Lender will not terminate the lease. 67

68 An assignment is a transfer of all remaining rights and interests. Transfer of Tenant s Rights 68

69 Transfer of Tenant s Rights The original tenant is called an assignor. 69

70 The person who receives the remaining leasehold estate is called an assignee. Transfer of Tenant s Rights 70

71 Transfer of Tenant s Rights The assignee accepts liability for future payment of rent to the landlord. 71

72 If the assignee defaults on the rent payments the original tenant is still liable. Transfer of Tenant s Rights 72

73 Transfer of Tenant s Rights In a sublease the original tenant is called a sublessor. 73

74 The person receiving this estate is called a sub-lessee. Transfer of Tenant s Rights 74

75 Transfer of Tenant s Rights A sublease conveys less than the entire estate. 75

76 The sub-lessee pays rent to the original tenant, and has no liability to the landlord. Transfer of Tenant s Rights 76

77 Transfer of Tenant s Rights This arrangement is called a sandwich lease. 77

78 Lease Options Option to Renew Gives the tenant the right to extend the lease for another term. 78

79 Lease Options Option to Buy Gives the tenant the right to buy at a set price within a designated period of time. 79

80 Lease Options Option to Buy The tenant is under no obligations to exercise the option. 80

81 Lease Options Lease Purchase Agreement The tenant/buyer enters into two contracts: a lease, and; an offer to buy. 81

82 Lease Options Lease Purchase Agreement The tenant is obligate to purchase at some specific time. 82

83 Lease Options The Right of First Refusal Does not obligate the landlord to sell. 83

84 Lease Options The Right of First Refusal If the landlord decides to sell the property, it must be offered to the tenant before anyone else. 84

85 Types of Leases Gross Lease The tenant pays rent and the landlord pays property taxes, insurance premiums, repairs and maintenance. 85

86 Types of Leases Net Lease The tenant pays the rent plus operating expenses such as taxes, insurance, maintenance and repairs. 86

87 Types of Leases Graduated Lease An escalator clause in the agreement protects the landlord against rising costs and inflation. 87

88 Types of Leases Graduated Lease Step-Up Lease - Provides for rent increases in predetermined amounts and times. 88

89 Types of Leases Graduated Lease Index Lease - Periodic rent adjustments are based on changes in a designated economic index. 89

90 Types of Leases Graduated Leases Escalator Leases - Rent increases are tied to operating costs. 90

91 Types of Leases Reappraisal Lease Provides for the rents to be reappraised at certain intervals. 91

92 Types of Leases Reappraisal Lease The appraiser will decide how much the rent should be adjusted to meet current market conditions. 92

93 Types of Leases Percentage Lease The tenant pays a fixed minimum or base rent plus a percentage of gross sales or profits. 93

94 Types of Leases Percentage Lease The percentage could be based on rent plus a percentage of net sales or profits. 94

95 Types of Leases Ground Lease Is for the rental of unimproved land. 95

96 Types of Leases Ground Lease Permission is granted to the tenant to construct a building or make other improvements at their expense. 96

97 Types of Leases Sale-Leaseback The owner sells the property to an investor with an agreement to lease it back on a long term net lease. 97

98 Types of Leases The Occupancy (Move-In) Agreement Used when a purchaser wants to occupy the property before closing or a seller wants to remain the property after closing. 98

99 The Occupancy (Move- In) Agreement Does not create a landlord-tenant relationship. Types of Leases 99

100 Landlord's Remedies if the Tenant Defaults Statutory Remedies Suit for rental payment or for damages - A landlord has the right to sue a tenant for unpaid rent or other breach of the lease. 100

101 Landlord's Remedies if the Tenant Defaults Statutory Remedies Eviction - The legal process used to remove a tenant for some breach of the lease. 101

102 Landlord's Remedies if the Tenant Defaults Statutory Remedies Unlawful Detainer - An action filed by the landlord through the courts when the tenant refuses to move. 102

103 Landlord's Remedies if the Tenant Defaults Statutory Remedies Unlawful Detainer - If the tenant doesn t move out within the specified number of days, the sheriff can forcibly remove them. 103

104 Landlord's Remedies if the Tenant Defaults Remedies Provided in the Lease Seize personal property. Accelerate due date of remaining rent payments. 104

105 Tenant's Remedies if the Landlord Defaults Suit for Damages. 105

106 Tenant's Remedies if the Landlord Defaults Warranty of Habitability or the Implied Covenant of Quiet Enjoyment A landlord must make the necessary maintenance and repairs to keep the property inhabitable. 106

107 Tenant's Remedies if the Landlord Defaults Warranty of Habitability or the Implied Covenant of Quiet Enjoyment Constructive Eviction Tenant may abandon the property and stop paying rent. 107

108 Termination of Leases Expiration In a tenancy for years, the lease expires at the end of the stated term. 108

109 Termination of Leases Notice In a periodic tenancy or tenancy at will, the lease ends when proper notice is given. 109

110 Mutual Agreement By mutual agreement the tenant surrenders the unexpired portion of the lease. Termination of Leases 110

111 Termination of Leases Mutual Agreement The unexpired portion of the lease must be accepted by the landlord. 111

112 Termination of Leases Merger If the tenant buys the property the lease is automatically terminated. 112

113 Termination of Leases Condemnation Usually the tenant is compensated for the value of the remaining leasehold estate. 113

114 Termination of Leases Eviction Actual or constructive eviction will terminate the lease. 114

115 Termination of Leases Destruction of the Premises Complete destruction of the premises will terminate the lease. 115

116 Termination of Leases Death Normally, death of either party will not terminate the lease. 116

117 Termination of Leases Death In an estate at will, death of either party ends the leasehold. 117

118 Termination of Leases Death The death of a lessor who holds a life estate terminates the lease or the leasehold. 118

119 Property Management The Property Manager Has an agency contract with the owner. The property owner is the principal. The property manager is the agent. 119

120 Property Management The Property Manager The manager must maintain, preserve and enhance the owner s investment. 120

121 The Property Manager The manager must generate the highest possible net return from the property over its economic life. Property Management 121

122 The management contract should contain: Name of the Parties Including the names of all owners and the name of the management firm. 122

123 The management contract should contain: Property Descriptions A precise legal description is needed. 123

124 The management contract should contain: Manager s Authority The agreement should be specific as to the manager s authority. 124

125 The management contract should contain: Reporting The frequency and content of needed reports should be stated. 125

126 The management contract should contain: Management Fee It can be a percentage of rents collected, a fixed dollar amount, or any other basis agreed upon. 126

127 Functions of the Property Manager Developing a plan Marketing (renting the space) Collecting rents 127

128 Functions of the Property Manager Keeping tenants Property maintenance Accounting and reporting 128

129 Functions of the Property Manager Sale of the property terminates the management contract. 129

130 Community Association Management A community association is an association of homeowners in a subdivision, planned development, condominium complex or cooperative. 130

131 Community Association Management Community Associations Maintain and operate recreational facilities Enforce protective covenants Collect dues and assessments 131

132 Subdivision Homeowner Associations (HOA's) Subdivision with no Governing Homeowner Association Owners have the protection of covenants, but no obligation to pay assessments. 132

133 Subdivision Homeowner Associations (HOA's) Subdivision with a Voluntary Association An owner who has no desire to use the amenities can elect not to join the association. 133

134 Subdivision Homeowner Associations (HOA's) Subdivision with a Mandatory Association Membership The association has the mechanism to ensure that the facilities are maintained and the covenants enforced. 134

135 Subdivision Homeowner Associations (HOA's) The Georgia Property Owners Association Act of 1994 Provides the option to submit it to a statutory scheme of development. 135

136 Subdivision Homeowner Associations (HOA's) The Georgia Property Owners Association Act of 1994 Benefits: Automatic statutory liens. Buyer and Sellers are jointly & severally liable. 136

137 Subdivision Homeowner Associations (HOA's) The Georgia Property Owners Association Act of 1994 Tenants must comply with rules & regulations. Access fines, suspend use of common areas, charge late fees. 137

138 Condominiums Condominium Management There are usually more common areas to maintain. 138

139 Condominiums Condominium Management Covenants are usually much more pervasive. 139

140 Condominiums The Condominium Association's Power Charges owners by imposing regular and/or special assessments. 140

141 Condominiums The Condominium Association's Power Adopts rules governing use of the units and common elements. 141

142 Condominiums The Condominium Association's Power Fines owners for violation of the covenants or the rules. 142

143 Condominiums The Condominium Association's Power Takes legal action to enforce obligations. 143

144 Condominiums The Condominium Association's Power Approves or disapproves alterations to building exteriors or common elements. 144

145 Occupancy is granted to those who subscribe to a stock purchase and sign a proprietary lease. Cooperatives 145

146 Cooperatives All contribute to common expenses, called carrying charges. 146

147 Cooperatives Members often do not have responsibility for repair and maintenance of their units. 147

148 Fundamentals of Community Association Management Role of Officers And Directors The board of directors is responsible for operating and conducting the business affairs. 148

149 Fundamentals of Community Association Management Role of the Community Association Manager Works with contractors, association employees, board members and owners. 149

150 Fundamentals of Community Association Management Role of the Community Association Manager Serves as a buffer between the directors and the owners. 150

151 Fundamentals of Community Association Management Fidelity Insurance Managers who handle any community association funds must be covered by a fidelity bond or fidelity insurance. 151

152 Fundamentals of Community Association Management Fidelity Insurance Brokers who never handle more than $60,000 are exempt. 152

153 Fundamentals of Community Association Management Fidelity Insurance The fidelity bond or insurance shall be written by an insurance company authorized to write such bonds in Georgia. 153

154 Fundamentals of Community Association Management Fidelity Insurance The fidelity bond or insurance shall cover the maximum amount of funds the broker ever handles. 154

155 Fundamentals of Community Association Management Fidelity Insurance The fidelity bond or insurance shall name the association as additional insured. 155

156 Fundamentals of Community Association Management Fidelity Insurance The fidelity bond or insurance shall cover the broker, partners, officers, affiliates, employees and anyone handling funds. 156

157 Fundamentals of Community Association Management Fidelity Insurance The fidelity bond or insurance shall provide that the policy cannot be canceled without 30 days notice. 157

158 Community Association Management Licensing Policies Must hold a real estate license or New classification CAM License. 158

159 Community Association Management Licensing Policies Must work for a broker. Must complete 25 hours of approved study. 159

Modern Real Estate Practice, 18 th Edition

Modern Real Estate Practice, 18 th Edition Chapter 16 Leases LECTURE OUTLINE: I. Leasing Real Estate A. Definition lease 1. A contract between owner of real estate (lessor) and tenant (lessee) to transfer rights of exclusive possession and use

More information

Lesson 11: Property Management 1 of Property Management. Real Estate Principles of Georgia. Property Management

Lesson 11: Property Management 1 of Property Management. Real Estate Principles of Georgia. Property Management Real Estate Principles of Georgia Lesson 11: Property Management 1 of 67 275 Property Management Property management: Non-owner supervises operation of income property in exchange for fee. Many brokerages

More information

Principles of Real Estate Chapter 17-Leases And Property Management

Principles of Real Estate Chapter 17-Leases And Property Management Principles of Real Estate Chapter 17-Leases And Property Management This chapter will explain the elements needed for a valid lease, the different rights ascribed to tenants and property owners, and the

More information

Quiz 40:Leasing and Managing Property

Quiz 40:Leasing and Managing Property Quiz 40:Leasing and Managing Property 1. When a tenant sublets all or any part of the premises rented under a written lease, a. the tenant assigns all rights, title, and interests in the rented property

More information

Chapter 16 Questions Leases

Chapter 16 Questions Leases Chapter 16 Questions Leases 1. The Tolson's apartment lease has expired, but their landlord has indicated to them that they may remain on the premises until a sale of the building is closed. They will

More information

Name: Date: 1. Generally, an oral lease for five years is A) illegal. B) unenforceable. C) a short-term lease. D) renewable only in writing.

Name: Date: 1. Generally, an oral lease for five years is A) illegal. B) unenforceable. C) a short-term lease. D) renewable only in writing. Name: Date: 1. Generally, an oral lease for five years is A) illegal. B) unenforceable. C) a short-term lease. D) renewable only in writing. 2. The lessor and lessee have agreed to a lease term of five

More information

1. A is a legal document used to transfer ownership rights to real estate from one party to another. a. plat b. lease c. sales contract d.

1. A is a legal document used to transfer ownership rights to real estate from one party to another. a. plat b. lease c. sales contract d. Chapter 5 Multiple Choice Questions / Page 1 Chapter 5 Multiple Choice Questions 1. A is a legal document used to transfer ownership rights to real estate from one party to another. a. plat b. lease c.

More information

COMMERCIAL PROPERTY LEASE AGREEMENT

COMMERCIAL PROPERTY LEASE AGREEMENT COMMERCIAL PROPERTY LEASE AGREEMENT THIS AGREEMENT is hereby made between R.J.E.S., LLC., 208 South Pearl Street, Red Bank, New Jersey (hereinafter, Lessor ), and the Borough of Red Bank, 90 Monmouth Street,

More information

The Lease Contract Types of Lease Default and Termination Uniform Residential Landlord and Tenant Act

The Lease Contract Types of Lease Default and Termination Uniform Residential Landlord and Tenant Act 7 Real Estate Leases The Lease Contract Types of Lease Default and Termination Uniform Residential Landlord and Tenant Act THE LEASE CONTRACT Leasehold rights and obligations Contract requirements Lease

More information

Printable Lesson Materials

Printable Lesson Materials Printable Lesson Materials Print these materials as a study guide These printable materials allow you to study away from your computer, which many students find beneficial. These materials consist of two

More information

NEW YORK MONTH-TO-MONTH LEASE AGREEMENT

NEW YORK MONTH-TO-MONTH LEASE AGREEMENT NEW YORK MONTH-TO-MONTH LEASE AGREEMENT This Lease Agreement ( Lease ) is entered by and between ( Landlord ) and ( Tenant ) on. Landlord and Tenant may collectively be referred to as the Parties. This

More information

CALIFORNIA RESIDENTIAL LEASE AGREEMENT

CALIFORNIA RESIDENTIAL LEASE AGREEMENT CALIFORNIA RESIDENTIAL LEASE AGREEMENT This Residential Lease Agreement (hereinafter Lease ) is entered into this the day of, 20, by and between the Lessor:, (hereinafter referred to as Landlord ), and

More information

How to Maximize this Unit

How to Maximize this Unit Unit 18 Leases How to Maximize this Unit Have your book open to the Unit Have your recorder (iphone voice command recommended or voice recorder on Android) ready to record, with proper title prepared.

More information

NORTH CAROLINA LEASE AGREEMENT

NORTH CAROLINA LEASE AGREEMENT State of North Carolina NORTH CAROLINA LEASE AGREEMENT Rev. 133C5EE This Lease Agreement (this Agreement ) is made as of this 01 day of June, 2017, by and between ALAN TIMLIN ( Landlord ) and LILLIE YAEGER

More information

Sales Associate Course. Titles, Deeds and Ownership Restrictions

Sales Associate Course. Titles, Deeds and Ownership Restrictions Sales Associate Course Chapter Nine Titles, Deeds and Ownership Restrictions Copyright Gold Coast Schools 1 Title to Real Property Title - ownership enforceable by law Equitable title right to gain ownership

More information

Issues Relating To Commercial Leasing. AUSTRALIA Clayton Utz

Issues Relating To Commercial Leasing. AUSTRALIA Clayton Utz Issues Relating To Commercial Leasing AUSTRALIA Clayton Utz CONTACT INFORMATION Peter McMahon Clayton Utz 1 O'Connell Street, Sydney NSW 2000 +61 2 9353 4000 pmcmahon@claytonutz.com www.claytonutz.com

More information

A B C D E F G H I J L M N O P Q R S T U V W Z

A B C D E F G H I J L M N O P Q R S T U V W Z A B C D E F G H I J L M N O P Q R S T U V W Z A Adjoining In actual contact with another object (i.e., attached). Same as Contiguous. Agent An individual/entity who transacts, represents, or manages business

More information

IOWA LEASE AGREEMENT

IOWA LEASE AGREEMENT State of Iowa IOWA LEASE AGREEMENT Rev. 133C5EE This Lease Agreement (this Agreement ) is made as of this 26 day of December, 2017, by and between PETER JENSEN ( Landlord ) and HARRIET KNOX ( Tenant ).

More information

Lease Agreement WITNESSETH: Leasehold

Lease Agreement WITNESSETH: Leasehold Lease Agreement THIS AGREEMENT, made and entered into this day of, by and between the City of Great Falls, Montana, a municipal corporation hereinafter referred to as Lessor and Children s Museum of Montana,

More information

Month-to-Month Residential Rental Agreement

Month-to-Month Residential Rental Agreement Month-to-Month Residential Rental Agreement Clause 1. Identification of Landlord and Tenant This Agreement is entered into between ( Tenant ) and ( Landlord ). Each Tenant is jointly and severally liable

More information

C. Transfer of estate to tenant (contrast with license) F. Real estate or an interest in real estate is subject matter

C. Transfer of estate to tenant (contrast with license) F. Real estate or an interest in real estate is subject matter Unit 15 ARE 306 Tenancy I. Definitions A. Lessee B. Lessor C. Rent II. Essential elements of landlord-tenant relationship A. Contract between landlord and tenant B. Provisions for the payment of rent C.

More information

UNIVERSITY OF MAINE SYSTEM REAL ESTATE AGREEMENT REVIEW FORM. Campus: Campus Contact: Contact #: LESSOR Name: Address: City/St/Zip:

UNIVERSITY OF MAINE SYSTEM REAL ESTATE AGREEMENT REVIEW FORM. Campus: Campus Contact: Contact #: LESSOR Name: Address: City/St/Zip: Property Address: UNIVERSITY OF MAINE SYSTEM REAL ESTATE AGREEMENT REVIEW FORM Use: Campus: Campus Contact: Contact #: LESSOR Name: Address: City/St/Zip: Phone: LESSEE Contact: Name: Address: City/St/Zip:

More information

RESIDENTIAL RENTAL AGREEMENT

RESIDENTIAL RENTAL AGREEMENT RESIDENTIAL RENTAL AGREEMENT This Agreement for the premises identified below is entered into by and between the Landlord and Tenant (referred to in the singular whether one or more) on the following terms

More information

ELEMENTS OF REAL PROPERTY

ELEMENTS OF REAL PROPERTY ELEMENTS OF REAL PROPERTY Real property consists of: Land: including the soil on the surface of the earth, all of the water, minerals, oil, and gas contained on or below the surface, and most of the airspace

More information

APARTMENT LEASE AGREEMENT

APARTMENT LEASE AGREEMENT APARTMENT LEASE AGREEMENT This Apartment Lease Agreement ("Lease") is made and effective this day of, 201_ by and between Aguas Properties LLC. ("Landlord") and ("Tenant," whether one or more). This Lease

More information

LEASE AGREEMENT. State of California

LEASE AGREEMENT. State of California LEASE AGREEMENT State of California This Lease Agreement (hereinafter "Lease") is entered into and made effective as of the date set forth at the end of this document by and be between the Lessor, (hereinafter

More information

This is a legally binding Contract; if not understood seek advice from an attorney. SINGLE FAMILY RESIDENCE OR CONDOMINIUM LEASE

This is a legally binding Contract; if not understood seek advice from an attorney. SINGLE FAMILY RESIDENCE OR CONDOMINIUM LEASE This is a legally binding Contract; if not understood seek advice from an attorney. SINGLE FAMILY RESIDENCE OR CONDOMINIUM LEASE CONTRACT DOCUMENTS. The contract is defined as this document with the following

More information

BVCLT Ground Lease Simple Version

BVCLT Ground Lease Simple Version BVCLT Ground Lease Simple Version Parties to the Ground Lease: Land Trust (CLT) & Tenant Parties the Ground Lease affects: Tenant s Lender, Property Manager& Subtenants Leasehold Financing: Tenant s interest

More information

Lease & Property Management Disputes

Lease & Property Management Disputes Lease & Property Management Disputes EXPERIENCE Represented property management company in dispute brought by tenant over failure to disclose mold remediation in unit prior to lease execution. Represented

More information

What are Landlord's and Tenant's rights and obligations? Discuss.

What are Landlord's and Tenant's rights and obligations? Discuss. REAL PROPERTY ESSAY #1 MODEL ANSWER Tenant entered into a written lease of an apartment with Landlord on January 1, 1995. The lease provided that Tenant would pay $12,000 per year rent, payable in $1000

More information

MAINSTREET ORGANIZATION OF REALTORS RESIDENTIAL LEASE Not to be used for rental property in the City of Chicago.

MAINSTREET ORGANIZATION OF REALTORS RESIDENTIAL LEASE Not to be used for rental property in the City of Chicago. 1 2 3 4 MAINSTREET ORGANIZATION OF REALTORS RESIDENTIAL LEASE Not to be used for rental property in the City of Chicago. Date of Lease Term of Lease Monthly Rent Security Deposit Beginning Ending 5 6 7

More information

STANDARD RESIDENTIAL LEASE FORM AGREEMENT

STANDARD RESIDENTIAL LEASE FORM AGREEMENT STANDARD RESIDENTIAL LEASE FORM AGREEMENT DATE: PARTIES: West Chimes Place LLC (to be referred to as Landlord or Agent for Landlord) hereby leases to (to be referred to as Tenant for the following described

More information

Freddie Mac Condominium Unit Mortgages

Freddie Mac Condominium Unit Mortgages For all mortgages secured by a Condominium Unit in a Condominium Project, you must meet the requirements of Freddie Mac Single-Family Seller/Servicer Guide (Guide) Chapter 5701, Special for Condominiums,

More information

Sample Real Estate Agreement

Sample Real Estate Agreement Sample Real Estate Agreement This real estate lease agreement ( Lease ) is made this day of, 201, between (referred to as Ministry in this agreement), and (referred to as Tenant in this agreement). Ministry

More information

PROPERTY LEASE AGREEMENT

PROPERTY LEASE AGREEMENT Attachment FAC-1 PROPERTY LEASE AGREEMENT THIS AGREEMENT ( Lease Agreement, Lease or Agreement ), is entered into as of the day of, 2013 by and between the MIDDLETOWN TOWNSHIP BOARD OF EDUCATION, a public

More information

MORTGAGE PART 1 (This area for Land Title Office use) Page 1 of pages

MORTGAGE PART 1 (This area for Land Title Office use) Page 1 of pages LAND TITLE ACT FORM B (Section 219.1) Province of British Columbia MORTGAGE PART 1 (This area for Land Title Office use) Page 1 of pages 1. APPLICATION: (Name, address, phone number and signature of applicant,

More information

North Carolina General Statutes

North Carolina General Statutes North Carolina General Statutes Chapter 42A. Vacation Rental Act. Article 1. Vacation Rentals. 42A-1. Title. This Chapter shall be known as the North Carolina Vacation Rental Act. (1999-420, s. 1.) 42A-2.

More information

Instructions & Checklist Residential Lease Agreement

Instructions & Checklist Residential Lease Agreement Instructions & Checklist Residential Lease Agreement [_] This package contains (1) Instructions and Checklist for Residential Lease Agreement; (2) Information about Residential Lease Agreements; (3) Residential

More information

CER Leasehold Docs CER Leasehold Docs CER Leasehold Docs CER Leasehold Docs. Instructions & Forms

CER Leasehold Docs CER Leasehold Docs CER Leasehold Docs CER Leasehold Docs. Instructions & Forms CER Leasehold Docs CER Leasehold Docs CER Leasehold Docs CER Leasehold Docs Instructions & Forms CER Leasehold Docs LEASEHOLD DISCLOSURE DOCUMENTS Summary A summary of one of the following type leases.!

More information

The Bank of Nova Scotia Collateral Mortgage NOTES TO SOLICITORS

The Bank of Nova Scotia Collateral Mortgage NOTES TO SOLICITORS The Bank of Nova Scotia Collateral Mortgage (Land Titles Act and Registry Act) Standard Charge Terms No. 200012 NOTES TO SOLICITORS Notes for Solicitors not using e-reg 1 Discard Electronic Document Agreement

More information

Fixed-Term Residential Lease

Fixed-Term Residential Lease Fixed-Term Residential Lease 1. Identification of Landlord and Tenants. This Agreement is made and entered into on, 2015, between ("Tenants") and VistaVida ("Landlord"). Each Tenant is jointly and severally

More information

What you need to know Real Estate Education Series

What you need to know Real Estate Education Series CONTRACTS What you need to know Real Estate Education Series 2.23.09 WWW.twiliteeducation.com Basically, a contract is an agreement to do or not do something between different parties. In each agreement

More information

RENT-TO-OWN AGREEMENT

RENT-TO-OWN AGREEMENT State of California Rev. 133C71D RENT-TO-OWN AGREEMENT This Rent-to-Own Agreement (this Agreement ) is made and entered into as of this 17 day of January, 2018, by and between CASEY S SILVERMAN, located

More information

WILLOW CREEK APARTMENTS 145 Stephens Street Dahlonega, Ga Mailing Address 33Boyd Circle Dahlonega, Ga (706) Lease Agreement

WILLOW CREEK APARTMENTS 145 Stephens Street Dahlonega, Ga Mailing Address 33Boyd Circle Dahlonega, Ga (706) Lease Agreement P a g e 1 WILLOW CREEK APARTMENTS 145 Stephens Street Dahlonega, Ga 30533 Mailing Address 33Boyd Circle Dahlonega, Ga 30533 (706)864-3018 Lease Agreement THIS AGREEMENT IS MADE THIS day, 20, by and between

More information

for the term of to commence and to end,

for the term of to commence and to end, Lease Agreement This agreement, made on, between (your name) as Landlord and as Tenant(s), witnesses that the Landlord has agreed to LET to the Tenant, and the Tenant has agreed to TAKE from the Landlord

More information

CARITAS MANAGEMENT CORPORATION RESIDENTIAL LEASE - TAX CREDIT PROGRAM

CARITAS MANAGEMENT CORPORATION RESIDENTIAL LEASE - TAX CREDIT PROGRAM This residential lease is made this day of, between, as Management (hereinafter referred to as "we" or "us") and (List all members of the family age 18 or older) as Resident(s) (hereinafter referred to

More information

Space No.: MANUFACTURED HOME SPACE LEASE AGREEMENT

Space No.: MANUFACTURED HOME SPACE LEASE AGREEMENT Community: Space No.: Street or P.O. Box : MANUFACTURED HOME SPACE LEASE AGREEMENT This Lease Agreement ( Agreement ) is made and executed by and between ( Lessor ) and ( Lessee ) on this day of, 20. Lessor

More information

GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2009

GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2009 S GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 00 SENATE BILL 0 Judiciary I Committee Substitute Adopted //0 Third Edition Engrossed //0 PROPOSED HOUSE COMMITTEE SUBSTITUTE S0-CSST- [v.] //00 :: PM D Short

More information

This Lease is entered into by and between hereinafter referred to as "Landlord" with an address of

This Lease is entered into by and between hereinafter referred to as Landlord with an address of TM OwnerMarketing.com Residential Lease This Lease is entered into by and between hereinafter referred to as "Landlord" with an address of and hereinafter referred to as "Tenant" with an address of. In

More information

Introduction to Leases:

Introduction to Leases: Introduction to Leases: Essential Fundamentals for Searching and Examining Leasehold Estates Presented by Mel Platt Vice-President & Sr. Commercial Underwriter Commonwealth Land Title Insurance Company

More information

COMMERCIAL TENANCY AGREEMENT

COMMERCIAL TENANCY AGREEMENT COMMERCIAL TENANCY AGREEMENT (F I R S T E D I T I O N) revised Copyright Member Office Printed by Realw orks Live PARTIES Landlord: Tenant: Date: THIS AGREEMENT COMPRISES THE REFERENCE SCHEDULE AND COMMERCIAL

More information

see schedule 3. ENCUMBRANCES, LIENS AND INTERESTS The within document is subject to instrument number(s)

see schedule 3. ENCUMBRANCES, LIENS AND INTERESTS The within document is subject to instrument number(s) MORTGAGE Form 6.1 Mortgage Encumbrance Mortgage of Mortgage/Encumbrance 1. MORTGAGOR(S)/GRANTOR(S) OF ENCUMBRANCE (Encumbrancee(s)) 2. LAND DESCRIPTION TITLE NO.(S) MORTGAGE/ENCUMBRANCE NO.(S) 3. ENCUMBRANCES,

More information

RESIDENTIAL LEASE. hereinafter designated as the TENANT(S), the following described premises located in the County of State of Michigan.

RESIDENTIAL LEASE. hereinafter designated as the TENANT(S), the following described premises located in the County of State of Michigan. RESIDENTIAL LEASE NOTICE: Michigan Law establishes rights and obligations for parties to rental agreements. This Agreement is required to comply with the Truth in Renting Act. If you have a question about

More information

SUBLEASE AGREEMENT. (1) The Tenant lawfully rents the Leased Property from the Landlord. in the City of Philadelphia, Pennsylvania.

SUBLEASE AGREEMENT. (1) The Tenant lawfully rents the Leased Property from the Landlord. in the City of Philadelphia, Pennsylvania. SUBLEASE AGREEMENT 1. DATE AND PARTIES (1) This agreement is dated, 20. Month Day Year (2) This agreement is made between:, from now on called Tenant ; and, from now on called Subtenant. 2. LEASED PROPERTY

More information

TITLE 27 LEASEHOLD MORTGAGE OF TRIBAL TRUST LAND TABLE OF CONTENTS. CHAPTER General Purpose Statement Purpose 1

TITLE 27 LEASEHOLD MORTGAGE OF TRIBAL TRUST LAND TABLE OF CONTENTS. CHAPTER General Purpose Statement Purpose 1 TITLE 27 LEASEHOLD MORTGAGE OF TRIBAL TRUST LAND TABLE OF CONTENTS CHAPTER 27.01 General Purpose Statement 27.0101 Purpose 1 CHAPTER 27.02 Definitions 27.0201 Definitions 1 CHAPTER 27.03 Priority 27.0301

More information

Check out PART 1. of our CALIFORNIA LANDLORD BASICS webinar series

Check out PART 1. of our CALIFORNIA LANDLORD BASICS webinar series DISCLAIMER You agree, by participating in this webinar, that the information presented does not constitute legal advice and is being presented for informational purposes only. You agree that no attorney-client

More information

11. What is the difference between easement by necessity and easement by prescription?

11. What is the difference between easement by necessity and easement by prescription? In class work with answers for chapter 7-14 1. What does it mean for the government to have governmental powers? Government powers supersede individual rights to real estate for the protection of the general

More information

PROPERTY MANAGEMENT AGREEMENT (AUTHORIZED REPRESENTATIVE FOR EVICTIONS)

PROPERTY MANAGEMENT AGREEMENT (AUTHORIZED REPRESENTATIVE FOR EVICTIONS) PROPERTY MANAGEMENT AGREEMENT (AUTHORIZED REPRESENTATIVE FOR EVICTIONS) 1. PARTIES The parties to this agreement are client (Owner) (property owner of said premises per clients intake form), any authorized

More information

DEED OF TRUST PUBLIC TRUSTEE

DEED OF TRUST PUBLIC TRUSTEE DEED OF TRUST PUBLIC TRUSTEE THIS DEED OF TRUST is a conveyance in trust of real property to the Public Trustee of the county in Colorado in which the Property described below is located. It has been signed

More information

CONTRACTS (AND RELATIONSHIPS WITH BUYERS AND SELLERS) CONTRACT ESSENTIALS GENERAL TYPES AND CHARACTERISTICS

CONTRACTS (AND RELATIONSHIPS WITH BUYERS AND SELLERS) CONTRACT ESSENTIALS GENERAL TYPES AND CHARACTERISTICS CONTRACTS (AND RELATIONSHIPS WITH BUYERS AND SELLERS) CONTRACT ESSENTIALS Contracts are express written agreements between two or more parties who agree to do or not to do some act. It must describe the

More information

RESIDENTIAL LEASE AGREEMENT FLORIDA

RESIDENTIAL LEASE AGREEMENT FLORIDA RESIDENTIAL LEASE AGREEMENT FLORIDA THE LEASE IMPOSES IMPORTANT LEGAL OBLIGATIONS. MANY RIGHTS AND RESPONSIBILITIES OF THE PARTIES ARE GOVERNED BY CHAPTER 83, PART II, RESIDENTIAL LANDLORD AND TENANT ACT,

More information

3. PAYDAY RENT PAYMENT OPTION.

3. PAYDAY RENT PAYMENT OPTION. FIXED TERM LEASE This agreement is entered into on between _GERBER HOLDINGS, LLC hereinafter referred to as ''landlord'' and, referred to as tenant. ' 1. PREMISES. Landlord rents to tenant those premises

More information

SȾÁUTW FIRST NATION RESIDENTIAL TENANCY LAW No. [Insert Law no.] Table of Contents

SȾÁUTW FIRST NATION RESIDENTIAL TENANCY LAW No. [Insert Law no.] Table of Contents SȾÁUTW FIRST NATION RESIDENTIAL TENANCY LAW No. [Insert Law no.] Table of Contents PART 1 - PRELIMINARY MATTERS... 6 Title... 6 PART 2 - INTERPRETATION... 6 Definitions... 6 Interpretation provisions of

More information

192 Middle Road, Falmouth, Maine (the Property ) TENANT NAME:, 20 to, 20 (the Initial Term )

192 Middle Road, Falmouth, Maine (the Property ) TENANT NAME:, 20 to, 20 (the Initial Term ) LEASE AGREEMENT Plummer Senior Living PROPERTY ADDRESS: DWELLING UNIT: TENANT NAME: 192 Middle Road, Falmouth, Maine 04105 (the Property ) Unit ( Premises ) TERM:, 20 to, 20 (the Initial Term ) SECURITY

More information

EMPLOYEE RESIDENTIAL LEASE AGREEMENT by and between THE TEXAS A&M UNIVERSITY SYSTEM and

EMPLOYEE RESIDENTIAL LEASE AGREEMENT by and between THE TEXAS A&M UNIVERSITY SYSTEM and EMPLOYEE RESIDENTIAL LEASE AGREEMENT by and between THE TEXAS A&M UNIVERSITY SYSTEM and (Not to Exceed 2 years) This Employee Residential Lease Agreement ( Lease ) is entered into by and between THE BOARD

More information

DEED OF SUBLEASE SAMPLE

DEED OF SUBLEASE SAMPLE DEED OF SUBLEASE GENERAL address of the premises: DATE: SUBLESSOR: SUBLESSEE: GUARANTOR: THE SUBLESSOR leases to the Sublessee and the Sublessee takes on lease the Premises and the Car Parks (if any) described

More information

CHICO SIERRA REAL ESTATE MANAGEMENT INC.

CHICO SIERRA REAL ESTATE MANAGEMENT INC. ( Owner ), and ( Broker ), agree as follows: 1. APPOINTMENT OF BROKER: Owner hereby appoints and grants Broker the exclusive right to rent, lease, operate, and manage the property (ies) known as:, and

More information

Property Management Agreement

Property Management Agreement Property Management Agreement This PROPERTY MANAGEMENT AGREEMENT (Agreement) is between, (Owner) and GPS Renting LLC, a Washington Limited Liability Company (Agent). Owner and Agent are collectively referred

More information

602 AVENUE T OWNERS CORPORATION OCCUPANCY AND MONETARY OBLIGATION AGREEMENT

602 AVENUE T OWNERS CORPORATION OCCUPANCY AND MONETARY OBLIGATION AGREEMENT 602 AVENUE T OWNERS CORPORATION OCCUPANCY AND MONETARY OBLIGATION AGREEMENT 1. THIS AGREEMENT between 602 Ave T Owners Corporation, hereinafter called the "Co-op", and Living Trust,, hereinafter called

More information

Commercial Sub-Lease Agreement

Commercial Sub-Lease Agreement Commercial Sub-Lease Agreement THIS SUBLEASE AGREEMENT is entered into on, 20 by and between, a [STATE] [CORPORATION, PARTNERSHIP, SOLE PROPRIETORSHIP, ETC.] ("SUBLESSOR ), with an address of, and, a [STATE]

More information

PRIME STUDENT HOUSING, INC. RESIDENTIAL LEASE

PRIME STUDENT HOUSING, INC. RESIDENTIAL LEASE PRIME STUDENT HOUSING, INC. RESIDENTIAL LEASE The parties to this lease voluntarily bind themselves to its covenants and acknowledge the mutual consideration that forms the basis for the lease., (Hereafter

More information

SITE LEASE. between. CITY OF WESTWOOD, KANSAS, as Site Lessor. and. SECURITY BANK OF KANSAS CITY, as Site Lessee

SITE LEASE. between. CITY OF WESTWOOD, KANSAS, as Site Lessor. and. SECURITY BANK OF KANSAS CITY, as Site Lessee Gilmore & Bell, P.C. Draft #2 March 7, 2014 SITE LEASE between CITY OF WESTWOOD, KANSAS, as Site Lessor and SECURITY BANK OF KANSAS CITY, as Site Lessee After Recording, return to: Nancy Midden Gilmore

More information

REAL PROPERTY Copyright February, 2005 State Bar of California

REAL PROPERTY Copyright February, 2005 State Bar of California REAL PROPERTY Copyright February, 2005 State Bar of California Alice and Bill were cousins, and they bought a house. Their deed of title provided that they were joint tenants with rights of survivorship.

More information

LOT LEASE AGREEMENT. This Lease Agreement ( Agreement ) is made and executed by and between ( Lessor ) and / ( Lessee or Resident ) on.

LOT LEASE AGREEMENT. This Lease Agreement ( Agreement ) is made and executed by and between ( Lessor ) and / ( Lessee or Resident ) on. LOT LEASE AGREEMENT This Lease Agreement ( Agreement ) is made and executed by and between ( Lessor ) and / ( Lessee or Resident ) on. 1. 1. PREMISES: In consideration of the agreements and covenants mentioned

More information

LEASE AGREEMENT TIE DOWN SPACE

LEASE AGREEMENT TIE DOWN SPACE Yucca Valley Airport District PO Box 2527 Yucca Valley, CA 92286 www.yuccavalleyairport.com THIS made and entered into this day of, 20, by and between the YUCCA VALLEY AIRPORT DISTRICT, hereinafter referred

More information

LEASE AGREEMENT Premises Rent

LEASE AGREEMENT Premises Rent LEASE AGREEMENT THIS LEASE is made this day of, 201_, by and between, (hereinafter Landlord ), a notfor-profit corporation (hereinafter, X and, (hereinafter Tenant ). 1. Premises. Landlord leases to Tenant,

More information

Assignment of Leases and Rents

Assignment of Leases and Rents Assignment of Leases and Rents This ASSIGNMENT OF LEASES AND RENTS (this Assignment ) is given as of the day of, 20 by ( Assignor ) to ( Assignee ). RECITALS A. Assignor is the owner of the real property

More information

REAL ESTATE LEASE. County, Indiana, or a portion of said real estate, described as follows:

REAL ESTATE LEASE. County, Indiana, or a portion of said real estate, described as follows: THIS FORM HAS BEEN PREPARED BY THE ALLEN COUNTY INDIANA BAR ASSOCIATION, INC., FOR USE WITHIN THE STATE OF INDIANA. WHEN EXECUTED, THIS LEASE BECOMES A LEGAL AND BINDING CONTRACT. REVIEW BY AN ATTORNEY

More information

LEASE AGREEMENT W I T N E S S E T H. This Lease is made upon the following terms, covenants and conditions to which the parties hereby agree.

LEASE AGREEMENT W I T N E S S E T H. This Lease is made upon the following terms, covenants and conditions to which the parties hereby agree. 1 LEASE AGREEMENT THIS LEASE is entered into this day of 2006 by and between MARIN COUNTY FLOOD CONTROL AND WATER CONSERVATION DISTRICT, a Public District of the State of California, hereinafter called

More information

Leases from start to finish

Leases from start to finish Leases from start to finish Contents Introduction Creating a lease or tenancy Creating a tenancy with a term of three years or less Electronic / online signatures The agreement Terms implied into oral

More information

Deed of Guarantee (Limited)

Deed of Guarantee (Limited) Deed of Guarantee (Limited) IMPORTANT WARNING TO INTENDED GUARANTOR/S: By signing this document you agree to underwrite the rental and other responsibilities of the Tenant under his/her tenancy agreement.

More information

REVISED ORDINANCE NO. 2 RESIDENTIAL LEASES

REVISED ORDINANCE NO. 2 RESIDENTIAL LEASES REVISED ORDINANCE NO. 2 RESIDENTIAL LEASES Section 1. Section 2. Section 3. Purpose and Authority. The purpose of this ordinance is to establish a system by which the members of the Saginaw Chippewa Indian

More information

LEASE AGREEMENT. This Lease Agreement ( Lease ) is made and entered into as of the day. of, 2014, by and between the Gadsden Independent School

LEASE AGREEMENT. This Lease Agreement ( Lease ) is made and entered into as of the day. of, 2014, by and between the Gadsden Independent School LEASE AGREEMENT This Lease Agreement ( Lease ) is made and entered into as of the day of, 2014, by and between the Gadsden Independent School District a public school ( Lessor ) and La Clinica de Familia,

More information

ANNUAL VOLUNTEER LAWYER SEMINAR UNIFORM RESIDENTIAL LANDLORD/TENANT ACT

ANNUAL VOLUNTEER LAWYER SEMINAR UNIFORM RESIDENTIAL LANDLORD/TENANT ACT ANNUAL VOLUNTEER LAWYER SEMINAR UNIFORM RESIDENTIAL LANDLORD/TENANT ACT John Lee, Esquire Solo Practitioner Friday, October 21, 2011 2:30 3:30 PM Radisson Admiral Semmes Hotel THE UNIFORM RESIDENTIAL LANDLORD

More information

RENT estate uses damages --

RENT estate uses damages -- Next Class See website. Review the State of California Official Judicial Council Unlawful Detainer Answer. Carefully review California Code of Civil Procedure 1174.2 at page 100 of the Supplement. Abandonment

More information

DEED RESTRICTION AGREEMENT FOR THE OCCUPANCY AND TRANSFER OF CHAMONIX VAIL RESIDENTIAL DWELLING UNITS

DEED RESTRICTION AGREEMENT FOR THE OCCUPANCY AND TRANSFER OF CHAMONIX VAIL RESIDENTIAL DWELLING UNITS DEED RESTRICTION AGREEMENT FOR THE OCCUPANCY AND TRANSFER OF CHAMONIX VAIL RESIDENTIAL DWELLING UNITS THIS DEED RESTRICTION AGREEMENT (the "Agreement") is entered into this day of, 201_ (the "Effective

More information

CONTRACT OF SALE. Pursuant to Rule 1.17(d)

CONTRACT OF SALE. Pursuant to Rule 1.17(d) CONTRACT OF SALE Pursuant to Rule 1.17(d) This CONTRACT is made this day of [month], [year] by and between [name] Buyer of [city], Ohio and [name] Seller of [city], Ohio. WHEREAS, both Buyer and Seller

More information

QUESTION 6 Answer A. Tenancy for Fixed Term. A fixed term tenancy is a pre-agreed term by the landlord and tenant.

QUESTION 6 Answer A. Tenancy for Fixed Term. A fixed term tenancy is a pre-agreed term by the landlord and tenant. QUESTION 6 Answer A As set forth below, Donna can raise the following defenses (1) material breach of lease, (2) constructive eviction, (3) breach of the warranty of habitability, and (4) failure to mitigate

More information

HOUSE LEASE. Landlord and Tenant agree to lease the Premises at the rent and for the term stated: PREMISES: LANDLORD: TENANT:

HOUSE LEASE. Landlord and Tenant agree to lease the Premises at the rent and for the term stated: PREMISES: LANDLORD: TENANT: CONSULT YOUR LAWYER BEFORE SIGNING THIS LEASE HOUSE LEASE Landlord and Tenant agree to lease the Premises at the rent and for the term stated: PREMISES: LANDLORD: TENANT: Date of Lease: Lease Term: Annual

More information

THE LAND TITLES ACT, 2000

THE LAND TITLES ACT, 2000 THE LAND TITLES ACT, 2000 ROYAL BANK OF CANADA SASKATCHEWAN COLLATERAL MORTGAGE (FIXED RATE) TABLE OF CONTENTS SECTION 1 AMOUNTS SECURED BY THE MORTGAGE AND INTEREST RATE... 2 SECTION 2 TERMS YOU NEED

More information

APPRAISING (PROPERTY VALUATION)

APPRAISING (PROPERTY VALUATION) APPRAISING (PROPERTY VALUATION) An appraisal is the process and conclusion by an appraiser who arrives at an opinion or estimate of value, supported by data, of real estate at a certain point in time.

More information

MODULE 5-A: LISTING AND SALES CONTRACTS

MODULE 5-A: LISTING AND SALES CONTRACTS MODULE 5-A: LISTING AND SALES CONTRACTS LEARNING OBJECTIVES The contractual relationships between brokers and clients are established through the use of a series of contracts. The listing contract is the

More information

CONTRACT FOR SALE OF REAL ESTATE

CONTRACT FOR SALE OF REAL ESTATE CONTRACT FOR SALE OF REAL ESTATE This is a CONTRACT between (hereinafter Seller or Sellers) and (hereinafter Buyer or Buyers), dated this day of,. THIS INSTRUMENT WILL NOT ALLOW USE OF THE PROPERTY DESCRIBED

More information

MONTLY RENTAL AGREEMENT

MONTLY RENTAL AGREEMENT MONTLY RENTAL AGREEMENT Tenant(s): Tenant(s): Landlord: Location: Rent collected: $ Dates: to Security Deposit: $ Other: $ TOTAL RECEIVED: $ Funds will be returned if lease is not accepted. TOTAL DUE:$

More information

The Campus Edge, LLC: LEASE AGREEMENT

The Campus Edge, LLC: LEASE AGREEMENT The Campus Edge, LLC: LEASE AGREEMENT This lease agreement, entered into this date,, between The Campus Edge, LLC ( Agent ) and ( Tenant ). The contract home is located at: 1. Term of Lease: The term of

More information

Landlords, Tenants and Property Management

Landlords, Tenants and Property Management CITE THIS READING MATERIAL AS: first tuesday Landlords, Tenants and Property Management Eighth Edition Table of Contents i Table of...iv Introduction...vi Glossary...441 Table of Contents Chapter 1 Chapter

More information

LEASE. Superior Family Housing P.O. Box 121 Superior WI sfhrentals.com (715)

LEASE. Superior Family Housing P.O. Box 121 Superior WI sfhrentals.com (715) LEASE Superior Family Housing P.O. Box 121 Superior WI 54880 sfhrentals.com (715) 952-5313 THIS LEASE OF THE PREMISES identified below is entered into this day of, 20, by and between LANDLORD Superior

More information

THE LANDLORD S DUTIES

THE LANDLORD S DUTIES INTRODUCTION The Ohio Tenant-Landlord Law, effective November 4, 1974, applies to most landlord-tenant relationships and governs most rental agreements whether oral or written. This brochure is designed

More information

Leasing Rules, Policies & Procedures Page 1 of 6 (GPHOA )

Leasing Rules, Policies & Procedures Page 1 of 6 (GPHOA ) Page 1 of 6 (GPHOA 20161116) Leasing your property is a decision that must be made carefully. Yes, being a landlord can have a few benefits, but there also exists a real potential for it to become an absolute

More information

Freddie Mac Condominium Unit Mortgages

Freddie Mac Condominium Unit Mortgages For all mortgages secured by a Unit in a Project, Sellers must meet the requirements of Freddie Mac Single-Family Seller/Servicer Guide (Guide) Chapter 5701, Special for s, and the Seller s other Purchase

More information