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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322 Exercise 16
The following are necessary for a lease to be valid, except:
A) Consideration.
B) Written leases, if longer than one year, in most states.
C) Tenant's contact phone number, or address, in the event of an emergency.
D) Statements to the effect that the tenant agrees to lease the property for a specified period and that the owner and the tenant agree to the terms of the rent.
A) Consideration.
B) Written leases, if longer than one year, in most states.
C) Tenant's contact phone number, or address, in the event of an emergency.
D) Statements to the effect that the tenant agrees to lease the property for a specified period and that the owner and the tenant agree to the terms of the rent.
Explanation
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Essential elements of a valid lease agre...
Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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