Whatcan the maximum rental lease period be for?
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Whatcan the maximum rental lease period be for?
Asked on November 10, 2011 under Real Estate Law, Ohio
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Pretty much the universal law in all states regarding the maximum length of a lease for residential or commercial property is set by statute as ninety-nine (99) years.
Many states have land leases for such time periods where people build homes on the land and pay a monthly rent for the dirt.
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