Title: Arizona Lease of Dwelling Unit of Cooperative Housing Corporation by Stockholder of Lessor Introduction: The Arizona Lease of Dwelling Unit of Cooperative Housing Corporation by Stockholder of Lessor is a legal document that outlines the terms and conditions governing the leasing of a dwelling unit within a cooperative housing corporation. This type of lease agreement is specific to Arizona and is designed to protect the rights and interests of both the stockholder (lessor) and the tenant (lessee). Keywords: Arizona, Lease of Dwelling Unit, Cooperative Housing Corporation, Stockholder, Lessor 1. Purpose and Scope: The purpose of this lease agreement is to establish the legal relationship and obligations between the stockholder, who is a member of a cooperative housing corporation, and a tenant who wishes to lease a dwelling unit within the corporation. This lease agreement is tailored to Arizona laws and regulations regarding cooperative housing corporations. Keywords: purpose, scope, legal relationship, obligations, Arizona laws, regulations 2. Lease Term: The lease term specifies the duration for which the tenant is allowed to occupy the dwelling unit. It outlines the start and end dates of the lease, including any renewal or extension provisions. In Arizona, lease terms can vary, ranging from short-term leases to long-term leases. Keywords: lease term, duration, start date, end date, renewal, extension, short-term lease, long-term lease 3. Rent Payment and Security Deposit: This section provides details about the monthly rent amount, payment due date, accepted forms of payment, and consequences for late payment. It also outlines the amount of the security deposit required and the conditions under which it will be returned to the tenant at the end of the lease term. Keywords: rent payment, security deposit, monthly rent, payment due date, accepted forms of payment, late payment, conditions, return of security deposit 4. Rights and Responsibilities of the Stockholder: This section enumerates the rights and responsibilities of the stockholder (lessor) within the cooperative housing corporation. These may include maintaining the property, paying cooperative fees and assessments, providing necessary repairs, and complying with the corporation's bylaws and rules. Keywords: rights, responsibilities, stockholder, lessor, cooperative housing corporation, property maintenance, fees, assessments, repairs, bylaws, rules 5. Tenant's Obligations: This part outlines the obligations of the tenant (lessee) regarding the use and maintenance of the leased dwelling unit. It includes rules on utilities, upkeep, compliance with house rules and regulations, and requirements for obtaining prior approval for modifications or alterations. Keywords: tenant's obligations, lessee, dwelling unit, utilities, upkeep, house rules, regulations, modifications, alterations Types of Arizona Lease of Dwelling Unit of Cooperative Housing Corporation by Stockholder of Lessor: 1. Short-Term Lease Agreement 2. Long-Term Lease Agreement 3. Lease Agreement with Renewal Option 4. Lease Agreement with Option to Purchase 5. Lease Agreement for Subletting a Dwelling Unit Keywords: Arizona lease types, short-term lease, long-term lease, renewal option, option to purchase, subletting.
Arizona Lease of Dwelling Unit of Cooperative Housing Corporation by Stockholder of Lessor
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