Which of the following is NOT a provision of a valid lease agreement?

For a lease agreement to be considered valid and enforceable, several essential provisions must be included. One of those provisions is a lease termination date, which clearly outlines when the lease ends. This is crucial as it provides both parties with a definitive understanding of the timeframe of their obligations and rights.

The inclusion of names and signatures is vital because it identifies the parties involved and signifies their consent to the terms of the agreement. Similarly, a description of the premises is necessary to specify what property is being leased, ensuring clarity and preventing disputes over the property being rented. Valuable consideration, which typically refers to the rent payment or other benefits exchanged, is also a key component, as it reinforces the contractual relationship.

By contrast, the absence of a lease termination date can lead to ambiguities and potentially render the lease unenforceable. Therefore, the lease termination date is indeed an essential provision, making it clear why its omission would be a significant issue for a valid lease agreement.