Arizona Residential Lease

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A residential lease rental agreement is a contract between a tenant and landlord, which outlines the rules, regulations and terms of the living arrangement. The tenant should abide all of the language contained within the agreement.

Significance

A rental lease agreement will state how much rent the tenant should pay to the landlord. Rent is usually due on the first of the month. Landlords will sometimes give tenants a grace period of 4 or 5 days to pay rent without being assessed a fee.

Time Frame

The lease agreement will designate the time frame for the lease. A lease is usually in effect for one year, but that can vary. The beginning date and ending date is clearly spelled out in a lease agreement.

Prevention/Solution

The landlord will make known, within the confines of the agreement, the requirements for the security deposit. A security deposit is usually required in case the property is damaged. If a tenant leaves the premises before the end of the lease agreement, the security is forfeited, unless an another arrangement can be worked out between the tenant and landlord.

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Arizona Commercial Lease

Arizona is a state located in the southwestern region of the United States. It is also part of the Western United States and the Mountain West. Arizona is the 6th most extensive and the 16th most populous of the U.S. states. The United States Census Bureau estimates that the state population was 6,482,505 on July 1, 2011, a 1.42% increase since the 2010 United States Census. The capital and largest city is Phoenix. The second largest city is Tucson, followed in size by eight Phoenix metropolitan area cities: Mesa, Glendale, Chandler, Scottsdale, Gilbert, Tempe, Peoria, Surprise and then by Flagstaff in Coconino County.

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