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October 12, 2007, Newsletter Issue #50: The Standard Lease
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Tip of the Week
You can find a copy of a rental lease agreement at many local office supply stores. Standard leases usually include all the typical lease terms, but you should carefully read all aspects of the lease, and add in clauses that you feel need to be clarified before signing the agreement. Security deposit information and amount paid, date rent is due, and any rules and restrictions while renting should be agreed upon before signing the lease.
A lease is binding agreement between landlord and tenant, if there is anything that is unclear make sure it is clarified and written in the lease to avoid any disagreements during the lease or termination of the lease.
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