We appreciate your visit to What is a written contract that allows you to leave anytime as long as you give the required notice A Lease agreement B Rental agreement. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Final answer:
A Month-to-month lease is a contract that allows a tenant to leave any time given the proper notice period, offering flexibility unlike other forms of lease agreements.
Explanation:
The correct answer to your question is a Month-to-month lease. This is a kind of agreement where the tenant agrees to stay and pay rent every month, while the landowner accepts the rent. But, both the tenant and the landlord have the freedom to terminate the agreement with proper notice, commonly 30 days.
The element that distinguishes a month-to-month lease from a Fixed-term lease or a Rental Agreement is the flexibility it provides. In a Fixed-term lease, the tenant agrees to stay for a predetermined period, typically at least one year. In a Rental Agreement, although it resembles a Month-to-month lease, it's often associated with short-term stays and may not require a notice period for termination.
A Lease Agreement could either be of a fixed term or month-to-month, depending on the terms outlined in the contract. It's important to note that different jurisdictions may have variations in their legal regulations and definitions, so always consult with a legal expert.
Learn more about Month-to-month lease here:
https://brainly.com/question/31761889
#SPJ11
Thanks for taking the time to read What is a written contract that allows you to leave anytime as long as you give the required notice A Lease agreement B Rental agreement. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada
