concept   lease
culture   United States
statement   In the United States, the concept of leasing involves signing a year-long contract for a rental property with monthly rent payments and a possible renewal option.

9 similar statements
# Concept Culture Statement Freq.
1 landlord United States Typically responsible for property maintenance and rent collection 1
2 landlord United States Expected to provide maintenance and repairs for the rental property 1
3 landlord United States Typically responsible for maintenance and repairs of rental properties 1
4 landlord and tenant rights United States Strong legal framework and protection for tenants' rights 1
5 lease United States Common to sign a lease for an apartment or house, often with a year-long term 1
6 tenant United States Tenants often sign a lease agreement with a landlord for a set period of time, usually a year or more, and pay rent monthly. 1
7 tenant United States Leases usually have a term of one year, with the option to renew 1
8 tenant United States Tenants often pay a security deposit before moving in. 1
9 tenant United States Expected to pay rent to the landlord on a monthly basis 1