A memorandum of a lease document is typically a one-page summary of an ordinary lease agreement between a landlord and tenant. The purpose of the document is to record or memorialize a minimum amount of lease terms. For example, the names and addresses of the parties will be included, but not the rental rate or other unnecessary provisions.
Use this document to publicly record the existence of a real estate lease but leave unnecessary provisions off of the public record.
Wonderful, thank you!
Thank You So much !!!