What is required regarding lease agreements for a duration of more than one year in Delaware?

In Delaware, lease agreements that extend beyond one year must be documented in writing. This requirement is important because it helps ensure clarity and enforceability of the lease terms for both parties involved. A written lease provides a clear record of the obligations and rights of both the landlord and tenant, which can help prevent misunderstandings and disputes.

When lease agreements are made in writing, they typically include critical elements such as the rental amount, payment due dates, property description, and terms for lease termination. In the event of a disagreement, having a signed contract can be essential for resolving issues in a legal context.

The other options do not align with Delaware law. Verbal agreements lack the clarity and enforceability of written contracts, particularly for long-term leases. Saying there are no requirements for documentation contradicts the legal standards set forth in Delaware, which aims to protect both landlords and tenants, and an attorney review clause, while beneficial in some cases, is not mandated for leases beyond one year. Thus, having a written document is essential for any lease of this duration in Delaware.