Sample Essay on:
Model Lease Analysis - Key Components

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Essay / Research Paper Abstract

This is a 4 page paper that provides an overview of the important components of leases. The critical inclusion of landlord and tenant rights and responsibilities is addressed. Bibliography lists 0 sources.

Page Count:

4 pages (~225 words per page)

File: KW60_KFmodlse.doc

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Unformatted sample text from the term paper:

professional contractor, say in construction, there is some expectation of familiarity and standardization as far as contracts go; in this case, they are simply par for the course. However, in cases where the consumer is issued a contract, all manner of difficulty can arise due to the fact that consumers are generally unaccustomed to dealing with the language and structure of business contracts. One of the most frequently utilized contracts of this sort is a lease. As an agreement between a landlord and a renter, a lease is a powerful legal document that establishes a legal relationship as well as duties and responsibilities carried by both parties in that relationship. This paper will analyze a model lease for those elements most critical to its legal structure and validity, and then address the hypothetical removal of those key elements. This paragraph provides the student with help in establishing a definition for leases within the context of this paper. Before one can understand which elements of a lease are critical to its legal operation, one must understand exactly what a lease is. As stated above, a lease is a form of contract. As such, it states a list of responsibilities and obligations that must be upheld by all members signing the contract, in order for the goal of the contract to be successfully fulfilled. In the case of a lease, the owner of a dwelling is establishing a contractual relationship with a renter, wherein the owner will allow the renter to live in his or her property in exchange for some established regular fee, typically referred to as "rent". This is not the full extent of the rights and responsibilities held by each party, however. For instance, the landlord has the responsibility to receive rent when it is offered, and to ...

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