Property Management
In West Virginia, a landlord may NOT use which lease provision under state law?
AA late fee for rent paid more than 5 days past due
BA waiver of the tenant's right to demand a habitable dwelling✓ Correct
CA requirement for the tenant to maintain renter's insurance
DA provision requiring tenants to give 30 days notice before vacating
Explanation
Under WV's Residential Landlord and Tenant Act, lease provisions that waive tenant rights guaranteed by law (such as the right to a habitable dwelling) are void and unenforceable. The landlord cannot contractually eliminate these basic protections.
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Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
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