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Montgomery county lease summary

Sec 29-27 Contents of lease 2025

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The document is a Lease Summary required by Montgomery County Code, outlining key lease terms, tenant rights and responsibilities, and available services from the Montgomery County Department of Housing and Community Affairs. It includes details on rent, utilities, security deposits, pet policies, and tenants' rights to review leases, receive notices, and request repairs. The document also emphasizes the importance of tenant responsibilities in maintaining the property and provides contact information for further assistance.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What does existing lease mean?

Existing Lease means a Lease in effect on a Closing Date in respect of any Railcar being conveyed to the Issuer on such date, together with any renewals thereof.

When a property is sold with an existing lease?

In California, a property owner can sell a property even if it is currently leased. The lease remains in effect, and the new owner must honor the terms of the existing lease.

What does subject to the lease mean?

Subject of the Lease means the premises used for business activities specified in the Contract.

What is a lease summary?

The summary includes prompts for information about the leases key provisions (such as the term, rent reviews and the repairing covenants). The report also includes spaces for including details of related documents and arrangements (such as side letters and licences or consents granted under the lease).

Which lease requires the tenant to pay all the expenses related to the property?

A triple net lease (NNN) is a lease agreement where you, as the tenant, agree to pay not only the rent but also three primary types of operating expenses: property taxes, building insurance, and maintenance costs.

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What is subject to existing lease?

That a buyer buys the property subject to existing leases the property is already subject to. That means that all terms and condition are still applicable and the new buyer is subject to them - even the security deposit.

Can a landlord demand rent without a lease?

Even if youre a tenant without a formal lease agreement, you still have several obligations as a renter, which include: Payment of rent: Even without a lease, tenants must pay rent on time, at the agreed-upon amount, and on schedule per the landlords terms.

Can my boyfriend live with me without being on the lease?

Yes, someone can live in a house without being on the lease, but there are important considerations: Permission from the Leaseholder: The primary leaseholder (the person whose name is on the lease) must give permission for the person to live there. This is often referred to as a guest or unauthorized occupant.

Sec 29-27 Contents of lease 2025

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Got questions?

What does existing lease mean?

When a property is sold with an existing lease?

What does subject to the lease mean?

What is a lease summary?

Which lease requires the tenant to pay all the expenses related to the property?

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What is subject to existing lease?

Can a landlord demand rent without a lease?

Can my boyfriend live with me without being on the lease?

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