What Kind Of Contract Is A Rental Agreement

Verbal agreements can be more difficult to enforce when it comes to disputes. 2) One-way leases are monthly agreements in which the landlord charges a cancellation fee or waives the deposit if the tenant moves before a certain number of months. One-way leases are illegal in the city of Seattle. They are called “one-way” leases because they benefit only one party: the owner. For more information on protection against unilateral leases, see Seattle Landlord-Tenant Information. Some leases are granted for a fixed period, e.B 6 months or 1 year. Most private tenants have a lease. Some have a license instead. Your agreement may be written or verbal. A lease is ideal for a tenant who cannot commit to a 12-month rental period. It can open the door to many qualified tenants looking for a short-term rental that can be in high demand near university campuses or large hospitals…