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Rental Agreements and Lease Contracts Are Similar Because They Can Be Changed Monthly. 1) True 2) False

Question

Rental agreements and lease contracts are similar because they can be changed monthly. 1) True 2) False

Solution

Verificación de expertos
4.4 (260 Votos)
Adam Profissional · Tutor por 6 anos

Resposta

2) FalseRental agreements and lease contracts are not similar in terms of how frequently they can be changed. A rental agreement typically operates on a month-to-month basis, allowing for changes or termination with proper notice at the end of each month. In contrast, a lease contract usually has a fixed term (such as six months or one year), during which the terms cannot be changed unless both parties agree.