A tenancy agreement must contain all of the following EXCEPT?

Study for the New Mexico Real Estate Exam. Use flashcards and multiple-choice questions, each with hints and explanations. Prepare effectively for your exam!

In a tenancy agreement, certain fundamental details are essential for the contract to be enforceable and clear to both parties involved. Typically, the rental address identifies the premises being rented, while the start date for possession clarifies when the tenant can move in. The method of applying payments ensures that both the tenant and landlord understand how the rent will be processed.

Now, regarding the inclusion of the property owner's name: while it's important for the parties in a lease agreement to understand who the landlord is, the specific provision of the owner’s name isn’t always mandated by law in every jurisdiction. Thus, a tenancy agreement could be enforceable without explicitly listing the property owner's name, provided the agreement contains all other necessary components and the identity of the landlord is otherwise clear (e.g., through management contact details). This makes the property owner's name an optional detail in certain contexts.

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