What must be included in the reference to the lease when recording a memorandum of lease?

The reference to the lease when recording a memorandum of lease must include the date and description of the leased premises. This is crucial because it establishes the context and specifics surrounding the lease agreement. Recording this information allows for a clear legal understanding of which property is being referred to, as well as when the agreement was executed. This helps ensure that all interested parties can verify the existence of the lease and understand the terms associated with the property being leased.

Including the date is important for both parties, as it can affect the enforcement of the lease and the rights of the lessee and lessor. The description of the leased premises is equally vital, as it provides a precise identification of the property involved, reducing ambiguity and potential legal disputes regarding which specific premises the memorandum pertains to.

Other options, while they might contain relevant information, do not address the essential requirements for the memorandum. The lease amount and legal description of the lessor, for instance, do not serve the same purpose in identifying and validating the premises at the time of recording. Thus, the date and description of the leased premises are the critical components needed in a memorandum of lease.