The conversation between human and AI assistant.
Why are residential rental agreements made for a period of 11 months?
I was just wondering, why are residential rental agreements made for a period of 11 months? Why not a year or a shorter period like 6 months?
Well, I believe there are a few reasons for this. First, some states have laws that dictate how long a lease can be. Second, 11 months allows for flexibility in case the landlord wants to increase the rent or make other changes to the agreement after the lease period is up. And finally, it avoids the lease period ending during the winter holiday season when it can be difficult to find new tenants.