Lease Agreement: Understanding and Ensuring Enforceability

What lease provision should Jake review closely to ensure it is enforceable?

A. Renewal terms

B. Termination clause

C. Payment schedule

Final answer:

Jake should review the termination clause of the lease to ensure it is enforceable.

Explanation:

To ensure that the lease provision is enforceable, Jake should review the termination clause closely. In the provided lease section, it states that the lease is automatically renewed month to month, but can be terminated by either party giving a 30-day written notice of intention to terminate. Jake should review this provision to understand the conditions and requirements for terminating the lease agreement.

← Should lee manufacturing accept the investment opportunity Understanding the importance of psychometric concepts in psychological testing →

More Posts: