A comprehensive guide on how to draft a contract Know your parties. Agree on the terms. Set clear boundaries. Spell out the consequences. Specify how you will resolve disputes. Cover confidentiality. Check the legality of the contract. Open it up to negotiation.
Ing to Boundy (2012), typically, a written contract will include: Date of agreement. Names of parties to the agreement. Preliminary clauses. Defined terms. Main contract clauses. Schedules/appendices and signature provisions (para. 5).
Sec. 29-53, Voluntary Rent Guidelines - Review of Rent Increases, the County Executive must issue annual voluntary rent increase guidelines not later than March 1 of each year and publish the guidelines in the County Register.
Section 29-27(w) of the Montgomery County Code requires that all licensed landlords attach the Lease Summary to each new lease.
Montgomery County Lease Renewal Amendment (1210) The title was changed; the renewal notice period was changed from 60 to 90 days; the rent increases section was modified; there are now one-year and two-year extension options.
Early Termination: “Reasons beyond the Tenant's Control.” Under certain circumstances, a tenant may terminate the lease agreement by giving the landlord a 30-day written notice to vacate. This notice does not have to coincide with the rent payment cycle.
Montgomery County Code 29-51 requires all landlords of rental housing units to complete the Annual Rental Facility Occupancy Survey conducted by the Department of Housing and Community Affairs (DHCA).
For example, a magazine employing a photographer might insist on keeping the copyright and state in its contract with the photographer that the pictures she takes are works-for-hire.
A submission agreement will contain details of the dispute and the issues between the parties, and record that it is being referred to arbitration.