The relationship of landlord/tenant or lessor/lessee is created by contract. The person who owns the real property is known as the lessor or landlord. The lessee, or tenant, is the one who occupies the property.
Tenancies are classified by duration as tenancies for years, from year to year, month to month, and at will. A tenancy for years is one under which the tenant has an estate of definite duration. The term "for years" is used to describe such a tenancy even though the duration of the tenancy is for only one year or for less than a year. A tenancy from year to year or month to month is one under which a tenant, holding an estate in land for an indefinite duration, pays an annual, monthly, or weekly rent.
Maryland Lease of Unfurnished Apartment A Maryland Lease of Unfurnished Apartment is a legally binding document that outlines the terms and conditions under which a landlord rents an unfurnished apartment to a tenant in the state of Maryland. This lease agreement is designed to protect the rights and interests of both parties involved, ensuring a smooth and fair tenancy. In Maryland, there are different types of lease agreements available for unfurnished apartments, which may vary depending on the specific requirements and preferences of the landlord and tenant. Some common types of Maryland lease agreements for unfurnished apartments include: 1. Fixed-Term Lease: A fixed-term lease is a lease agreement that specifies a predetermined duration of the tenancy. This type of lease typically lasts for a specific number of months or years, and both the landlord and tenant are obligated to fulfill the terms and conditions until the lease expires. 2. Month-to-Month Lease: A month-to-month lease, also known as a periodic lease, allows for a more flexible tenancy. This type of lease automatically renews at the end of each month, unless either the landlord or tenant provides written notice of termination. Month-to-month leases are often preferred by tenants who require shorter-term accommodations or landlords who want more flexibility in renting the property. 3. Lease with an Option to Purchase: Sometimes landlords may provide a lease agreement with an option to purchase the property at a later date. This type of lease typically includes a specific period during which the tenant has the exclusive right to buy the property. It can be an attractive option for tenants who want to test living in the apartment before committing to a long-term purchase. Regardless of the type of lease agreement, a Maryland Lease of Unfurnished Apartment typically includes relevant information such as: — Names and contact information of both the landlord and tenant — Address and description of the apartment being leased — Start and end dattalebearerer— - Rent amount and due date, including any penalties for late payment — Security deposit requirements and conditions for its return — Maintenance and repair responsibilities of both parties — Prohibited activitiebehaviorio— - Utilities and services included in the rent — Termination and eviction procedure— - Any additional terms or special provisions agreed upon by both parties It is important for both landlords and tenants to thoroughly read and understand the Maryland Lease of Unfurnished Apartment before signing it. Seeking legal advice or assistance can ensure that the terms are fair, clear, and in compliance with Maryland state laws.
