Jordan Signed a Rental Agreement for Her Condo How Long Is Her Lease

Jordan Signed a Rental Agreement for Her Condo: How Long Is Her Lease?

When it comes to renting a property, signing a rental agreement is a crucial step. This document outlines the terms and conditions of the lease, including how long the lease will run. In the case of Jordan, who recently signed a rental agreement for her condo, the question arises: how long is her lease?

The answer to this question will depend on the terms of the rental agreement that Jordan signed. Typically, a lease can run for a fixed term or on a month-to-month basis. Let`s examine both scenarios.

Fixed-Term Lease:

A fixed-term lease is a lease that runs for a set period of time, usually six months or a year. This means that Jordan would have committed to renting the condo for a specific duration and would be obligated to pay rent for the entire term of the lease. If Jordan signed a fixed-term lease, the lease duration should be clearly stated in the rental agreement.

Month-to-Month Lease:

A month-to-month lease is a more flexible option that allows tenants to stay in a property on a rolling basis, with rent paid monthly. In this case, Jordan may have signed a rental agreement for a month-to-month lease, which means that the lease can be terminated with proper notice given by either Jordan or the landlord. The duration of a month-to-month lease is not fixed, and Jordan would be able to stay in the condo for as long as she continues to pay rent and follow the terms set out in the rental agreement.

In conclusion, the length of Jordan`s lease will depend on the type of rental agreement she signed. If it is a fixed-term lease, there will be a specific duration stated in the agreement. If it is a month-to-month lease, the length of the lease will be ongoing and dependent on the renter`s continued compliance with the rental agreement. When signing a rental agreement, it`s crucial to read through each clause carefully, seek legal advice if necessary, and fully understand the terms of the lease before committing to a length of tenancy.