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Mademuasel [1]
2 years ago
11

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
Business
1 answer:
Digiron [165]2 years ago
7 0

The minimum requirement for a California lease that is missing in the contractual lease between Max and Hannah Scott is the<u> absence of a sufficient description of the property</u>.

<h3>What are the minimum requirements for a California lease?</h3>

A California lease requires a <u>sufficient description of the property</u>, for example, an address, which gives it a legal description.

Other requirements for a California lease include:

  • Rental amount
  • Duration of the rental period
  • Payment due dates
  • Deposits or fees
  • Condition of the property at the beginning of the lease
  • Maintenance expectations.

<h3>Question Completion with Answer Options:</h3>

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.

Thus, the minimum requirement for a California lease that is missing in the contractual lease between Max and Hannah Scott is the<u> absence of a sufficient description of the property</u>.

Learn more about California lease requirements at brainly.com/question/14299105

#SPJ12

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<h3>What exactly does value creation entail?</h3>

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5 0
1 year ago
The Maryville Construction Company occupies 105,800 square feet for construction of mobile homes. There are two manufacturing de
madam [21]

Answer:

$404,800

Explanation:

Calculation to determine How much rent is allocable to the assembly department using the direct method of allocation

Using this formula

Rent =Area used by Assembly department / Total Area used by Manufacturing Departments x Total Rent paid

Let plug in the formula

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