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  2. Rental agreement - Wikipedia

    en.wikipedia.org/wiki/Rental_agreement

    Rental agreement. A rental agreement is a contract of rental, usually written, between the owner of a property and a renter who desires to have temporary possession of the property; it is distinguished from a lease, which is more typically for a fixed term. [ 1] As a minimum, the agreement identifies the parties, the property, the term of the ...

  3. 99-year lease - Wikipedia

    en.wikipedia.org/wiki/99-year_lease

    In the law of several US states, a 99-year lease will always be the longest possible contract for realty by statute, but many states have enacted shorter terms and some allow infinite terms. [citation needed] Due to the influence of the ideas of Henry George at the time the Australian Capital Territory (ACT) was established in the early 20th ...

  4. Peppercorn (law) - Wikipedia

    en.wikipedia.org/wiki/Peppercorn_(law)

    Another common example is the English OR practice of "peppercorn rent", the nominal rental sum for property, land or buildings. Where a rental contract is put in place and the owner of the property wishes it to be rent-free, it is normal to charge a small sum as "peppercorn rent", because if the owner wants to lease the property, he must charge ...

  5. Housing in India - Wikipedia

    en.wikipedia.org/wiki/Housing_in_India

    According to the Times of India, "a majority of Indians have per capita space equivalent to or less than a 10 feet x 10 feet room for their living, sleeping, cooking, washing and toilet needs." [ 3] The average is 103 sq ft per person in rural areas and 117 sq ft per person in urban areas. [ 3] 99 percent of rural households have access to ...

  6. Model Tenancy Act, 2019 - Wikipedia

    en.wikipedia.org/wiki/Model_Tenancy_Act,_2019

    The Model Tenancy Act seeks to implement the following rules: [5] [1] Formation of a Rent Authority department. Residential housing security deposit is capped at two months' rent, and one month for non-residential tenancy. Penalty on tenants for refusing to vacate the premises after the tenancy agreement expires or is mutually terminated.

  7. Renting - Wikipedia

    en.wikipedia.org/wiki/Renting

    Renting, also known as hiring[ 1] or letting, [ 2] is an agreement where a payment is made for the use of a good, service or property owned by another over a fixed period of time. To maintain such an agreement, a rental agreement (or lease) is signed to establish the roles and expectations of both the tenant and landlord.

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