Section 467 Rental Agreements January 21 2011 ABA Tax Section – Capital Recovery and Leasing
Section 9.1 Rental Agreements Section 9.1 Rental Agreements A contract to rent real property, such...
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Transcript of Section 9.1 Rental Agreements Section 9.1 Rental Agreements A contract to rent real property, such...
![Page 1: Section 9.1 Rental Agreements Section 9.1 Rental Agreements A contract to rent real property, such as an apartment or a house, is called a lease. The.](https://reader033.fdocuments.us/reader033/viewer/2022042822/56649ede5503460f94bef096/html5/thumbnails/1.jpg)
![Page 2: Section 9.1 Rental Agreements Section 9.1 Rental Agreements A contract to rent real property, such as an apartment or a house, is called a lease. The.](https://reader033.fdocuments.us/reader033/viewer/2022042822/56649ede5503460f94bef096/html5/thumbnails/2.jpg)
Section 9.1
Rental Agreements
![Page 3: Section 9.1 Rental Agreements Section 9.1 Rental Agreements A contract to rent real property, such as an apartment or a house, is called a lease. The.](https://reader033.fdocuments.us/reader033/viewer/2022042822/56649ede5503460f94bef096/html5/thumbnails/3.jpg)
Section 9.1 Rental Agreements
A contract to rent real property, such as an apartment or a house, is called a lease.
The person who rents the property is the tenant, or lessee. The person who owns the property is the landlord, or lessor.
![Page 4: Section 9.1 Rental Agreements Section 9.1 Rental Agreements A contract to rent real property, such as an apartment or a house, is called a lease. The.](https://reader033.fdocuments.us/reader033/viewer/2022042822/56649ede5503460f94bef096/html5/thumbnails/4.jpg)
Section 9.1 Rental Agreements
The terms of a lease lay out the rights and responsibilities of the tenant and landlord.
![Page 5: Section 9.1 Rental Agreements Section 9.1 Rental Agreements A contract to rent real property, such as an apartment or a house, is called a lease. The.](https://reader033.fdocuments.us/reader033/viewer/2022042822/56649ede5503460f94bef096/html5/thumbnails/5.jpg)
Section 9.1 Rental Agreements
Tenants’ basic rights are:
possession of the premises
continued occupancy
freedom from intrusion or annoyance
![Page 6: Section 9.1 Rental Agreements Section 9.1 Rental Agreements A contract to rent real property, such as an apartment or a house, is called a lease. The.](https://reader033.fdocuments.us/reader033/viewer/2022042822/56649ede5503460f94bef096/html5/thumbnails/6.jpg)
Section 9.1 Rental Agreements
Landlords’ basic rights are:
receipt of rent
return of the property in good condition at the end of the lease
![Page 7: Section 9.1 Rental Agreements Section 9.1 Rental Agreements A contract to rent real property, such as an apartment or a house, is called a lease. The.](https://reader033.fdocuments.us/reader033/viewer/2022042822/56649ede5503460f94bef096/html5/thumbnails/7.jpg)
Section 9.1 Rental Agreements
Landlords’ basic responsibilities are:
not discriminating in renting property on the basis of race, gender, age, or marital status
maintaining the premises
transferring peaceful possession of property
![Page 8: Section 9.1 Rental Agreements Section 9.1 Rental Agreements A contract to rent real property, such as an apartment or a house, is called a lease. The.](https://reader033.fdocuments.us/reader033/viewer/2022042822/56649ede5503460f94bef096/html5/thumbnails/8.jpg)
Section 9.1 Rental Agreements
Transferring peaceful possession means the landlord is required to let the tenant use and enjoy the property without any interference.
![Page 9: Section 9.1 Rental Agreements Section 9.1 Rental Agreements A contract to rent real property, such as an apartment or a house, is called a lease. The.](https://reader033.fdocuments.us/reader033/viewer/2022042822/56649ede5503460f94bef096/html5/thumbnails/9.jpg)
Section 9.1 Rental Agreements
Tenants’ basic responsibilities are:
abiding by the terms of the lease
avoiding waste (damage) to property
returning all fixtures at the end of the lease
![Page 10: Section 9.1 Rental Agreements Section 9.1 Rental Agreements A contract to rent real property, such as an apartment or a house, is called a lease. The.](https://reader033.fdocuments.us/reader033/viewer/2022042822/56649ede5503460f94bef096/html5/thumbnails/10.jpg)
Section 9.1 Rental Agreements
Fixtures are personal property attached to real property, such as sinks, kitchen cabinets, and ceiling lights.
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Section 9.1 Rental Agreements
An eviction is when a landlord takes away a tenant’s possession of the property.
You can be evicted for not paying rent, damaging the property, or violating conditions of the lease.
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Section 9.1 Rental Agreements
It is illegal for a landlord to evict a tenant by force.
A landlord must first obtain a court order.