Legally Competent Parties - Correct Answers Individuals capable of entering a contract.
Mutual Consent - Correct Answers Agreement between parties on the terms of the contract.
Lawful Objective - Correct Answers Purpose of the contract adhering to the law.
Sufficient Consideration - Correct Answers Something of value exchanged between parties.
Implied Warranty of Habitability - Correct Answers Landlord's duty to maintain rental unit per codes.
Periodic Rental Agreement - Correct Answers Oral or written contract with rent payment intervals.
Lease - Correct Answers Rental agreement with fixed duration.
Rental Period - Correct Answers Time between rent payments.
Security Deposit - Correct Answers Refundable deposit at the start of tenancy.
Sublease - Correct Answers Lessee renting to another party.
Assignment - Correct Answers Transfer of leasehold estate to a new person.
3-Day Notice - Correct Answers Instructs tenant to comply or vacate.