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.
When land is held for an indefinite period, which may be terminated at any time by the landlord or the tenant, a tenancy at will exists.
A Virginia Month to Month or Monthly Rental Agreement of a Furnished Apartment is a legal document that specifies the terms and conditions under which a landlord rents out a furnished apartment to a tenant on a month-to-month basis. This agreement is ideal for individuals seeking shorter-term rental options, such as students, temporary workers, or individuals in transition. The Virginia Month to Month or Monthly Rental Agreement of a Furnished Apartment typically includes the following key elements: 1. Parties Involved: Names and contact information of both the landlord and the tenant. 2. Term: The agreement specifies that the tenancy is on a month-to-month basis, meaning the tenant pays rent each month, and the tenancy automatically renews unless either party provides proper notice to terminate the agreement. 3. Rent Payment: The agreement outlines the amount of rent to be paid each month, the due date, and the acceptable payment methods. It may also include any late payment fees or consequences for bounced checks. 4. Security Deposit: The agreement details the amount of the security deposit, how it will be held, and the conditions under which it may be partially or fully retained by the landlord at the end of the tenancy. 5. Furnished Apartment: The agreement describes the furnished apartment being rented, including its address, details of the furnishings and amenities provided, and any restrictions on their use. 6. Utilities and Services: The agreement specifies which utilities and services (e.g., electricity, water, internet, cable) are included in the rent and which are the tenant's responsibility. 7. Maintenance and Repairs: The agreement outlines the responsibilities of the landlord and tenant regarding maintenance, repairs, and damages to the furnished apartment. 8. Termination: The agreement explains the termination process, including the notice period required by both parties to end the tenancy. There are no distinct types of Virginia Month to Month or Monthly Rental Agreements for furnished apartments; however, the terms and conditions may vary slightly depending on individual landlords or property management companies. Some might include additional clauses related to pets, smoking, parking, or rules and regulations specific to the building or complex. Overall, a Virginia Month to Month or Monthly Rental Agreement of a Furnished Apartment provides flexibility for tenants who require temporary housing, allowing them to rent a furnished space on a short-term basis without being locked into a long-term lease commitment.A Virginia Month to Month or Monthly Rental Agreement of a Furnished Apartment is a legal document that specifies the terms and conditions under which a landlord rents out a furnished apartment to a tenant on a month-to-month basis. This agreement is ideal for individuals seeking shorter-term rental options, such as students, temporary workers, or individuals in transition. The Virginia Month to Month or Monthly Rental Agreement of a Furnished Apartment typically includes the following key elements: 1. Parties Involved: Names and contact information of both the landlord and the tenant. 2. Term: The agreement specifies that the tenancy is on a month-to-month basis, meaning the tenant pays rent each month, and the tenancy automatically renews unless either party provides proper notice to terminate the agreement. 3. Rent Payment: The agreement outlines the amount of rent to be paid each month, the due date, and the acceptable payment methods. It may also include any late payment fees or consequences for bounced checks. 4. Security Deposit: The agreement details the amount of the security deposit, how it will be held, and the conditions under which it may be partially or fully retained by the landlord at the end of the tenancy. 5. Furnished Apartment: The agreement describes the furnished apartment being rented, including its address, details of the furnishings and amenities provided, and any restrictions on their use. 6. Utilities and Services: The agreement specifies which utilities and services (e.g., electricity, water, internet, cable) are included in the rent and which are the tenant's responsibility. 7. Maintenance and Repairs: The agreement outlines the responsibilities of the landlord and tenant regarding maintenance, repairs, and damages to the furnished apartment. 8. Termination: The agreement explains the termination process, including the notice period required by both parties to end the tenancy. There are no distinct types of Virginia Month to Month or Monthly Rental Agreements for furnished apartments; however, the terms and conditions may vary slightly depending on individual landlords or property management companies. Some might include additional clauses related to pets, smoking, parking, or rules and regulations specific to the building or complex. Overall, a Virginia Month to Month or Monthly Rental Agreement of a Furnished Apartment provides flexibility for tenants who require temporary housing, allowing them to rent a furnished space on a short-term basis without being locked into a long-term lease commitment.