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Jayati inquired about verbal agreements in rental properties. The speaker explained that a tenant can have a verbal lease if there is no written lease. The terms of the agreement depend on what was verbally discussed; for example, if a tenant was told they could stay for a year at a specific rent, that constitutes a one-year lease. If it was for a month-to-month arrangement, the term would be one month. If the rent was mentioned without a specified term, the situation becomes more complicated, but it generally implies a month-to-month arrangement. The speaker acknowledged the complexity of this topic and did not provide a definitive answer.