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The Davis-Moore thesis states that
Monthly Lease
A rental agreement where the lease term is set on a month-to-month basis, allowing for more flexibility for both the tenant and landlord.
Pay
To settle a debt by transferring money or goods to another party as an exchange for services, products, or obligations.
Rent Due
The amount of money that is owed by a tenant to a landlord for the use of a property according to the terms of the lease agreement.
Vested Remainder
A future interest in property that is secured to a particular person and will become possessory upon the expiration of a prior estate without any conditions attached.
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