Question
Question #18 of 23
The requirements of a valid lease include all EXCEPT
A) offer and acceptance.
B) valuable consideration.
C) capacity to contract.
D) recordation in the county clerk’s office.
The requirements of a valid lease include all EXCEPT
A) offer and acceptance.
B) valuable consideration.
C) capacity to contract.
D) recordation in the county clerk’s office.
Ask by Fernandez Pritchard. in the United States
Mar 24,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
A valid lease does not require recordation in the county clerk’s office.
Solution
-
A valid lease, like any binding contract, requires certain elements to be present.
-
The required elements include:
- Offer and acceptance: There must be a clear offer by one party and an unequivocal acceptance by the other.
- Expressed as
.
- Expressed as
- Valuable consideration: Both parties must exchange something of value.
- This is represented by
.
- This is represented by
- Capacity to contract: Both parties must have the legal ability to enter into a contract.
- This means
.
- This means
- Offer and acceptance: There must be a clear offer by one party and an unequivocal acceptance by the other.
-
Recordation in the county clerk’s office is not a requirement for a lease to be valid.
-
Therefore, the element that is not required is:
- D) recordation in the county clerk’s office.
Answered by UpStudy AI and reviewed by a Professional Tutor
Like
error msg
Explain 
Simplify this solution Beyond the Answer
While the first three options—offer and acceptance, valuable consideration, and capacity to contract—are indeed essential elements for a valid lease, recordation is not a strict requirement for lease validity. However, recording a lease can provide important public notice and protect against potential disputes, so always check your local laws for the best approach!
Interestingly, lease agreements have been around since ancient civilizations. The Code of Hammurabi, dating back to around 1754 BC, contained regulations concerning leases and property rights. It shows that the principles of leasing have endured through the ages, proving that people have always needed a way to manage their property relationships!
