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Common Lease TermsArrears - Overdue rent Assign - Transfer the unexpired portion of a lease Cause of Action - Specific situation that may become the basis for a lawsuit Civil - A non-criminal legal matter; housing disputes are often settled in civil court Covenant - A promise Default - To forfeit or lose by omission to perform a legal obligation Demised Premises - The place being rented Destraint (preceded by distress) - The landlord takes your personal property to force you to pay or eventually sells it to get the money Enjoyment - Possession or occupancy of land Enure - To take effect Eviction - Depriving a person of occupancy; constructive occupancy does not actually remove the tenant, but it makes it impossible for the tenant to remain because of conditions, i.e. - serious deterioration Goods and Chattels - Personal property Grace Period - the amount of time past any due date for rent during which no legal action will occur or penalties apply. Some rental agreements have no grace period. Holdover - Retaining possession of rented real estate after the lease term expires or the landlord demands possession because of an alleged branch of the terms in the lease by the tenant Indemnify and Hold Harmless - To free from any responsibility or liability Inure - To take effect Lease - A type of legal agreement establishing a landlord-tenant relationship Lessee - The tenant Lessor - The landlord Liability - Responsibility, loss, a negative element Notice to Vacate - Notification from the landlord to the tenant ordering the tenant of the property to move out Parties to a Lease - Those who agree to abide by the provisions of a lease; usually, you as the tenant, any house mates as co-tenants, and the landlord Possession - Lawful occupation and use of land and property, Sublet - Agreeing to permit someone else to use rented property for a period less than the lessee's term. The lessee will be paid by the subletor Summary Proceeding - To recover possession; i.e. - eviction Term of Lease - The length of time that a lease shall be in effect Twenty-Day Notice - On a month-to-month tenancy, this is the notice that either party must give the other to terminate the tenancy; the twenty days must include a full rental period. In other words, if you give notice on the first of a month, you can be still liable for rent through the end of the month, depending on the terms of your specific month to month rental agreement. Waiver - Relinquishment of a right, agreeing to give up something that you are entitled to. Our Source: E.J. Goodman. The Tenant Survival Book. New York: New American Library, 1974. Consider contacting your local bookstore to purchase a copy of this book or one similar! Second source:the Washington State Landlord Tenant Law. |
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