AMassachusetts residential lease agreement(“rental agreement”) is a legal contract between a landlord overseeing a residential property and a tenant who wishes to rent it. A residential lease may, on or before move-in, additionally require a security deposit from the tenant as assurance against...
Pursuant to Section 2(b) of St. 2020, c. 257, no judgment may enter, nor may any execution issue, in a summary process action for nonpayment of rent if there is a pending application for rental assistance. While parties may enter into an agreement for judgment in such an action, the ...
Lease agreements in Massachusetts require specific clauses to be legal. Use one of these Massachusetts rental lease agreement templates to get started.
A standard Lease is for one year (12 months). While this is the standard Lease term, Lease Agreements for shorter and longer periods are accepted as long as the Lease term is clearly stated in the Lease Agreement. Month-to-month Lease Agreements, short-term Leases, and Vacation Rental Cont...
While a month-to-month contract offers many benefits to tenants and landlords, rent increases don’t fall under this. As with most states in Massachusetts, the rent can only be increased at the end of the rental term before an agreement is renewed. ...
For those with short attention spans, the Court held that the standard deadline to execute the purchase and sale agreement is not necessarily a hard deadline. Rather, the deadline can be waived by the parties if they negotiate beyond the date, even without a formal extension in place. The...
In cases where the tenant has paid up under a payment agreement or judgment, landlords are obligated to file with the court a satisfaction of judgment within 14 days of full payment. If the landlord doesn’t file the satisfaction, the tenant may petition for the entry of a satisfaction of ...
Finally, “lessor action” is any civil action a tenant brings against a landlord or property manager due to a violation of the rental agreement or another law. H.1808andS.921promise to: Keep eviction cases sealed unless and until an allegation is proven in court ...
An operating agreement is not like a business plan. Rather, it allows you to spell out ownership and management details for the LLC, among other things. This is great since it allows you to run the LLC how you want so long as you stay within the law. Without an agreement, the company...
is largely dependent upon the tax exemption afforded by the Mortgage Debt Relief Act because the IRS does not treat the canceled debt as income.As a result, Congress’ last minute agreement to avoid the fiscal cliff will directly aid the housing recovery in 2013 because homeowners will still be...