At the end of the document is the section in which the landlord and tenant sign the document, making it a legally binding agreement between the two people. This data is relatively important because it allows the tenant to understand what is expected of them based on their temporary and monthly living situation. Many landlords choose to include, if necessary, information about the collective housing – z.B areas of swelling that the tenant can take, where the tenant can park vehicles and how the tenant can use the balcony or terrace if this is planned. In addition, a month-to-month lease allows the owner to present a number of policies and standards that must be met while remaining on the ground. In addition, it allows all persons in the lease to have received all the information prescribed by the State of Alaska. This ensures that the lessor is insured from the point of view of liability and ensures that all tenants of the tenancy agreement are legally required to comply with the guidelines set out in the tenancy agreement. Ultimately, the document is used as a means of imposing tenant liability and ensuring that the landlord meets the legal requirements. If the tenant or someone under the control of the tenant causes significant damage to the property valued at more than US$400, the landlord can send a written notice of closure. The notice provides that the lease expires on a given date, less than 24 hours after notification. The “security deposit” section is fairly standard on most rental documents and does not differ from month to month. This section determines the amount the tenant gives to the lessor for a security deposit and all cases in which part or all of the deposit may be withheld by the landlord. The next part of the lease is often made up of leasing information.
In this section, information on the specific rental conditions – in this case the 30-day rent and the extension of the lease from one month to the next without 30 days, unless this has been previously agreed between the landlord and the tenant and documented in the tenancy agreement.