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C. Contract of Lease

a. COMMON PARTS TO A CONTRACT

1) Consent (i.e. signature portion)

2) Object (i.e. item sold or transacted)

3) Consideration (i.e. purchase price)

b. MAGIC WORDS

“agreed to the lease”, description of leased property, length of lease, “pay the rental fee”, rental fee, (per month/year), payment date

Reminders:

1) Date

2) Parties

3) Signatures

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