Brand Date Lease For Free

Lease Date means the later date upon which this Lease is signed by Landlord and Tenant.Lease Date means the date on which the lessee first has the right to use of the property that is the subject of the rental agreement.

A commencement date is the day on which activities in the contract commence. This is basically another term for an effective date. While we recommend using the term effective date, you might see the term commencement date from time to time, especially in residential leases.

Your tenancy start date is the date you and other housemates become legally responsible for the property and the utilities at the address. You should be able to gain opening meter readings from your landlord or letting agency if you do not move in straight away.

Related Definitions Lease Effective Date means the effective date of the Lease (or the date the term of the Lease begins) that is shown, or to be shown, on the Lease agreement between the Owner and a tenant. Adopted 1/10/08.

A lease refers to a contract where one party grants a right to use a property or land to another party in return for consideration and for a specific period of time. Both the parties enter into a lease agreement specifying the terms and conditions of the agreement.

The Lease Commencement Date usually constitutes the commencement of the term of the lease for all purposes, regardless if the tenant has actually taken possession of the space but so long as beneficial occupancy is possible. In other words, it is when the lease term and benefits of the lease officially commence.

In real estate, a lease is a contract for a specific period of time often 6 or 12 months after which the contract expires, while rent is the payment made under the terms of the lease. Real estate leases are also commonly known as "rental agreements."