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In situations where there is no written agreement ... accepts a rent payment after the lease expiration date, the property is considered to be leased again, but now on a month-to-month basis.
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Landlord’s Guide: Should you notarise or register your 11-month rent agreement? 7 things to considerHowever, it needs to be ensured that appropriate stamp duty is paid on such eleven month lease/ rent agreement, under applicable laws of the state where the property is located. An eleven month ...
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