What are the key terms in a rental agreement?
An example of an AI chatbot conversation about rental agreement terms.
What are the key terms in a rental agreement?
Key terms in a rental agreement include rent amount, lease duration, security deposit, maintenance responsibilities, and termination conditions.
Can you explain the security deposit terms?
The security deposit is typically one month's rent, held to cover damages or unpaid rent. It must be returned within a specified time after the lease ends.
What happens if I break the lease early?
Breaking a lease early may result in penalties, such as losing your security deposit or owing rent until a new tenant is found.
Are there any terms that can be negotiated?
Yes, terms like rent amount, lease duration, and maintenance responsibilities can often be negotiated before signing.
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