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Hi this is Brett Alderton this week's topic is landlord tenant law this falls under the gambit of real estate law one of the first things that whether you're a landlord or tenant you should consider is the term of the lease there are different ways that elyse can come into existence tenancy can be created either through a written document which is commonly referred to as a lease or rental agreement and in that rental agreement you can set out the specific length of the tenancy tenancy can also be created even if there is no written documentation in other words if a tenant moves into a property and is paying some type of compensation to stay there I didn't return obviously gets possession and use of the property then a tenancy can also be created that way there are a few other means by which a tenancy can be created but they're a little more detailed and obscure and not necessarily good for a topic of the video today if you wanted more information on that you can certainly contact us directly to discuss it but I'm going to discuss the two main types tenancies that are created now if there is no written agreement regarding of the tenancy name there's no lease or rental agreement then there is a presumption at law than it is a month to month tenancy meaning that the tendency can be terminated by either the landlord or the tenant by the simple giving of a 30-day notice meaning you have to give a notice in writing equivalent to the length of the lease which if it's a month a month is obviously 30 days the most common type is when there is some type of written lease agreement or rental agreement and that lease should contain certain information now even prior to at least being signed both parties should talk to an attorney to make sure that there are certain other documents that are provided some of those would be certain disclosures that landlord has provides such as a lead-based paint the condition of the property etc and both parties should use an inventory checklist we recommend an inventory checklist because it can set out the condition of the property at the time the tenant is taking possession so that when the tenant does in fact vacate their premises both parties can look back on the inventory checklist and determine whether or not there were any damages beyond wear and tear that the tenant would be responsible for it helps clarify those issues so that in the event of a dispute there is some type of written documentation to help clarify that the lease itself should have some very specific terms in there such as who's responsible for utilities who is responsible for making certain repairs whether or not the tenant is allowed to sublease a portion or all the property and whether there's going to be a secured deposit and.

FAQ

As the company, how do I correctly fill out a Stock Power as part of a stock purchase agreement?
The Stock Power in question evidently is an exhibit to a Stock Purchase Agreement by which the OP is purchasing restricted stock that is subject to forfeiture or repurchase by the company, entirely or in part, probably based on how long the OP continues to work with the company.Yes, just signing is the proper thing to do (from the company’s perspective) because at this time it is not known whether, or to what extent, the OP’s shares will be subject to forfeiture or repurchase.So, if and when the time for forfeiture or repurchase arrives, the company will fill in the rest of the Stock Power to transfer the forfeited or repurchased shares to the company - you will keep the shares that have vested as of that time.For the OP’s comparison, and for the benefit of Quorans who are not familiar with such Stock Powers, here is the text of the instructions that I put at the bottom of a Stock Power:(Instruction: Please do not fill in any blanks other than signing at the signature line. The purpose of this Stock Power is to enable the Company to exercise its right to reacquire Restricted Shares in the circumstances provided in the Restricted Stock Agreement without requiring an additional signature by the Grantee.)
How can I break my Pennsylvania home lease agreement without penalty? I got a new job in another state and have to move out immediately.
I’m going to make the assumption that you have read your lease agreement and that it states clearly that there is a penalty for breaking it. So, rather than hiring a lawyer in Pennsylvania who might be able to help you for a fee, you get on Quora in the hopes that some schmuck with some knowledge of Pennsylvania real estate law will help you out for nothing. How am I doing so far?
Is there any way to get out of a rental lease agreement due to loss of job and financial trouble?
Is there any way to get out of a rental lease agreement due to loss of job and financial trouble?No and yes.No: Not unless you lease allows for it. If your lease said something like this: “Tenants shall have the ability to cancel this lease on 30 days• notice in the event of provable job loss or financial difficulties,” then it’d be OK because it’s in your lease.But it’s not.You’re bound by the terms and conditions of your lease.However, the “yes” part of the answer is: Talk to your landlord. Explain the situation. While landlords don’t like tenants who try to rip them off, many landlords are sympathetic to real-world situations. And, just as important, if a landlord realizes that it’ll be impossible to collect rent from a tenant, the landlord would rather remove the old non-paying tenant and find a new one with the ability as well as the willingness to pay. It makes economic sense to do so. Depending on what state you’re in, it could take months or even a year or more for the landlord to evict you. No landlord wants a non-revenue producing unit for a year or more.There’s no guarantee it’ll work, but propose to the landlord that you’ll be out of there in 30 days. You and the landlord can negotiate about the fate of the security deposit.
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