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The lease duration would also be on a month-to-month basis, until the tenant decides to move out. For month-to-month agreement to end, either the landlord or tenant must provide the other a written notice at least 30 days before the final day the tenant will be in the property.
Answer: As a general rule, the answer is yes. Under the Arizona Residential Landlord and Tenant Act, a verbal rental agreement concerning the use and occupancy of a dwelling unit is just as enforceable as a written rental agreement (or lease) is (A.R.S. 33-1310(13)).
The most important clause to landlords is the duty of the tenant to pay the rent in full and on time. This includes the right to charge a fee for damages if payment is late. Other important clauses grant the landlord the right to enforce the rules and regulations written into the lease.
Know the Arizona Residential Landlord and Tenant Act According to Arizona law, landlords are permitted to charge the tenants for two months of rent as a penalty for breaking the lease. This is good news for you, because you should be able to find a new tenant to rent the property within those two months.
The new owner must allow the tenant to stay until the end of a fixed term lease, but if the lease always was or has converted to a month-to-month lease, then the new owner may terminate tenancy by giving the tenant a 30-Day Notice of Termination.
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People also ask

Here are some of the most important clauses in commercial lease agreements that tenants should know about: Term. Description of Premises Clause. Rent Escalation Clause. Use Clauses. Improvements and Alterations Clause. Insurance Clause. Renewal Clause.
Generally, Arizona courts have strictly construed options in lease agreements because such provisions allow the optionee freedom to exercise or not exercise the option, whereas the optionor is bound by the option.
In short, absolutely you can! Oral contracts are legal and binding in the state of Arizona.
No, lease agreements do not need to be docHubd in Arizona. If a landlord and tenant wish to docHub a lease, they can have it docHubd. However, it is not required by law in order for the lease to be legally binding. The information for this answer was found on our Arizona Residential Lease Agreement answers.
The amount of monthly rent is one of the most important issues when it comes to a commercial lease. While rent may seem fairly straightforward, there is a good deal of negotiating room available, even if the rent itself is already established.

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