Which of the following is NOT typically included in a residential lease?

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In a residential lease, essential elements typically include the duration of the lease (the term), the specific property being leased (the premises), and the amount to be paid for the right to occupy the property (the rent).

While the term refers to how long the lease is valid, and the premises details the physical space being rented, the rent outlines the financial obligation between the landlord and tenant.

The term "the rates" can be somewhat ambiguous as it may refer to various additional costs associated with leasing, such as utility rates or service fees that are not standardized components of a lease agreement. Therefore, "the rates" are not typically included in a residential lease, making it the least expected item among the standard lease components.

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