rental property

Rental Lease 101

Rental Lease 101 Jonathan Poland

In general, a rental lease is a contract between a landlord and a tenant that outlines the terms and conditions of the rental agreement. In each state, there are specific laws and regulations that govern rental leases, including the types of provisions that can be included and the rights and responsibilities of landlords and tenants.

It is important to consult with an attorney or a legal professional when drafting a rental lease to ensure that it is legally-compliant and protects the rights and interests of both the landlord and the tenant. A legally-binding rental lease should include the following information:

  • The names and contact information of the landlord and tenant
  • The address of the rental property
  • The term of the rental agreement, including the start and end dates, and any options for renewal or extension
  • The amount of rent and the frequency of payment
  • The security deposit and any other fees or charges
  • The rights and responsibilities of the landlord and tenant, including maintenance and repair obligations, access to the property, and subleasing or transferring the lease
  • Any additional terms or conditions agreed upon by the landlord and tenant.

Again, the best course of action is consulting with a legal professional to ensure that your rental lease is legally-compliant and properly protects the rights and interests of all parties involved.

Learn More
Product Demand Jonathan Poland

Product Demand

Product demand refers to the desire or need for a particular product or service in the market. It is a…

Law of Supply and Demand Jonathan Poland

Law of Supply and Demand

The Law of Supply and Demand is one of the fundamental principles of economics. It states that the quantity of…

Risk-Reward Ratio Jonathan Poland

Risk-Reward Ratio

The risk-reward ratio is a measure that compares the potential for losses to the potential for gains for a particular…

Performance Improvement Plan Jonathan Poland

Performance Improvement Plan

A performance improvement plan (PIP) is a formal document that outlines specific goals and objectives that are assigned to an…

Time To Value Jonathan Poland

Time To Value

Overview Time to Value (TTV) is a business concept that refers to the period it takes for a customer to…

Job Levels Jonathan Poland

Job Levels

Job levels, also known as career levels or job grades, refer to the hierarchical structure within an organization. They are…

Business Optimization Jonathan Poland

Business Optimization

Business optimization is the ongoing process of evaluating the efficiency, productivity, and performance of a business and identifying ways to…

Autonomous Technology Jonathan Poland

Autonomous Technology

Autonomous technology refers to technology that is capable of functioning independently and adapting to changing real-world conditions without human intervention.…

Competition Jonathan Poland

Competition

Competition is a term that refers to the act of engaging in a contest with others in order to determine…

Content Database

Search over 1,000 posts on topics across
business, finance, and capital markets.

Business Assets Jonathan Poland

Business Assets

In business, assets are useful property that are owned by the company. These assets can be divided into three categories:…

Employee Development Jonathan Poland

Employee Development

Employee development is the process of providing employees with learning and experience opportunities that support their career aspirations and the…

What is a thought experiment? Jonathan Poland

What is a thought experiment?

A thought experiment is a mental exercise that involves exploring the implications or consequences of a hypothetical idea, story, or…

Serviceable Market Jonathan Poland

Serviceable Market

Serviceable market is the part of the total addressable market that can actually be reached.

Coding Skills Jonathan Poland

Coding Skills

Coding skills are a combination of talents, knowledge, and experience that enable an individual to create valuable software. This can…

Test Marketing Jonathan Poland

Test Marketing

Test marketing involves testing different marketing strategies or variations on customers in order to gather data and evaluate their effectiveness.…

Product Diffusion Jonathan Poland

Product Diffusion

Product diffusion refers to the process by which a product or service is accepted and adopted by a target market.…

Adaptive Performance Jonathan Poland

Adaptive Performance

Adaptive performance is the ability of an individual to perform well in changing, uncertain, and stressful situations. This type of…

Creative Ability Jonathan Poland

Creative Ability

Creative ability is the talent or aptitude for creating ideas or products that are original, valuable, and impactful. This can…