Lease Agreement Between Jerrica and Trevor Regarding Kauai Condos

What are the key obligations and rights of Jerrica and Trevor in their lease agreement for the Kauai condos?

The lease agreement between Jerrica and Trevor regarding the Kauai condos involves several key obligations and rights for both parties. Jerrica, as the tenant, has the right to use the cancelled checks as receipts for rental payments. Trevor, as the landlord, is required to provide Jerrica with a copy of the lease agreement for her records. Additionally, Trevor must also supply Jerrica with contact information for himself or his agent for any communication regarding the property. However, the false statement in this lease agreement scenario is that Trevor is prohibited from providing Jerrica with his GET number, which he likely needs to disclose for tax purposes.

Obligations and Rights of Jerrica and Trevor in the Lease Agreement:

Jerrica's Rights: Jerrica has the right to utilize her cancelled checks as receipts for the rental payments she has made to Trevor for the Kauai condo. This is a standard practice to keep track of financial transactions and provide proof of payment in case of any disputes or discrepancies in the future. Trevor's Obligations: As the landlord, Trevor is obligated to provide Jerrica with a copy of the lease agreement that outlines the terms and conditions of their rental agreement. This document serves as a legal reference for both parties and ensures that both Jerrica and Trevor are aware of their rights and responsibilities regarding the property. Additionally, Trevor must also furnish Jerrica with contact information for himself or his agent. This contact information is crucial for communication purposes related to the property, such as maintenance requests, rent payments, or any other issues that may arise during the tenancy. False Statement: The false statement in the lease agreement scenarios for Jerrica and Trevor is that Trevor is prohibited from providing his GET number, which he likely needs to disclose for tax purposes. Option 2 is the correct answer. Explanation: The statement that is FALSE about the lease agreement between Jerrica and Trevor regarding Kauai condos is the second statement: "Trevor is prohibited from providing Jerrica with his GET number." In fact, Trevor likely needs to provide his General Excise Tax (GET) number for tax purposes related to the rental income. The other statements are generally true in the context of leasing agreements: Jerrica can use her cancelled checks as receipts (statement 1), Trevor is obligated to provide Jerrica with a copy of the lease agreement (statement 3), and he must provide contact information for himself or his agent (statement 4). Trevor is not prohibited from providing Jerrica with his GET number. The GET number is the General Excise Tax number, which is used in Hawaii for tax purposes. It is not a confidential or sensitive piece of information that needs to be shielded from the tenant. Therefore, statement 2 is false.
← Garnishment laws understanding the impact on your income What are the key principles of accounting →