Max owns a townhouse in Sacramento. He is in the process of leasing it to Hannah. The contractual lease states Hannah Scott will be leasing Max Thomas' townhouse for two years beginning July 1. She will be paying $1,000 per month due by the first of each month. The lease clearly states Max will be the landlord of the townhouse and Hannah the tenant. Is there a minimum requirement for a California lease missing?

a. No, the lease has met all of the minimum lease requirements of the state of California. b. Yes, the missing minimum requirement is the absence of the issue of a security deposit. c. Yes, the missing minimum requirement is the absence of any assignment and subleasing options. d. Yes, the missing minimum requirement is the absence of a sufficient description of the property, such as an address and/or a legal description.

Question

Business

Kathleen Stephenson

12 September, 12:37

Max owns a townhouse in Sacramento. He is in the process of leasing it to Hannah. The contractual lease states Hannah Scott will be leasing Max Thomas' townhouse for two years beginning July 1. She will be paying $1,000 per month due by the first of each month. The lease clearly states Max will be the landlord of the townhouse and Hannah the tenant. Is there a minimum requirement for a California lease missing?

a. No, the lease has met all of the minimum lease requirements of the state of California. b. Yes, the missing minimum requirement is the absence of the issue of a security deposit. c. Yes, the missing minimum requirement is the absence of any assignment and subleasing options. d. Yes, the missing minimum requirement is the absence of a sufficient description of the property, such as an address and/or a legal description.

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Answers (1)

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Gidget · Answer 1

D) Yes, the missing minimum requirement is the absence of a sufficient description of the property, such as an address and/or a legal description.

Explanation:

California law requires that real estate lease contracts include information about the length of the contract, the rent and due date, must include the names of the parties involved (specifying who is the tenant and who is the landlord), a full description of the property including its address, and clear evidence that both the tenant and the landlord wish to create a business relationship.