Formalities
Formal requirements for a lease are determined by the law and custom of the jurisdiction in which real property is located. In the case of personal property, it is determined by the law and custom of the jurisdiction in which the rental agreement is made.
A tenancy for a duration greater than one year must be in writing in order to satisfy the Statute of Frauds.
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Famous quotes containing the word formalities:
“Psychobabble is ... a set of repetitive verbal formalities that kills off the very spontaneity, candor, and understanding it pretends to promote. It’s an idiom that reduces psychological insight to a collection of standardized observations, that provides a frozen lexicon to deal with an infinite variety of problems.”
—Richard Dean Rosen (b. 1949)