2.2 Additional Rent. The Base Rent shall be subject to such increases over the Term as determined pursuant to Section 2.02 of the Master Agreement.2.3 Other Additional Rent. Tenant shall also pay all Other Additional Rent with respect to the Leased Property, as set forth in the Master Ag...
ensure that the property is taken care of. Still, these two still fall under the same legal category, whether short-term or long-term. Both of these also have their pros and cons, so it’s best to carefully consider the conditions stipulated in the agreement to be fair to both parties....
A Lease is typically a long-term agreement, ranging between 12 and 24 months, while a rental agreement is a short-term agreement for simply a few weeks or months. Often, the terms Lease and rental agreement are used interchangeably. That said, to avoid any confusion, we generally refer to...
Short Form Lease and Notice to Mortgagee Tenant’s Insurance Top Definition for Short Form Lease Short Form Lease The parties hereto shall forthwith execute a memorandum or short form lease agreement, in recordable form, including such provisions hereof as either party may desire to incorporate ther...
WHEREAS, Landlord and Tenant have entered into a Master Agreement to Lease of even date herewith(the "Master Agreement") which sets forth certain agreements of the parties with respect to the lease of various properties including the property that is the subject of this Lease; ...
A month-to-month rental agreement is a written contract for a short-term tenancy that usually lasts for thirty days and, in contrast to a fixed-term, standard lease, is characterized by an automatic renewal unless the tenant or landlord gives notice that the agreement will not be renewed. ...
When it comes to renting out all or part of a home, one common question is: what’s the difference between a rental and lease agreement? Let’s clear that up right away. Both are contracts used by landlords when renting out property but the key difference is that rental contracts are ty...
Lease vs. rental agreement: What’s the difference? Rental agreements are short-term agreements (usually on a month-to-month basis) whereas leases are long-term (usually 6 months and more). What are my responsibilities as a landlord?
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