Show Statement Made Regarding Leases Lease Answering many inquiries re receIved received re- re in the rent once Mr Glen D. D Reese Area Rent Area Rent Director today made the following statement re regarding regarding regarding re- re garding leases If lOll a lease is entered into at ot any anytime anytime anytime time between July 2 1947 and December December December De De- cember 31 1947 and the first tenant tenant tenant ten ten- ant terminates that lease It is not necessary that a leash leas be entered into with any succeeding tenant The maximum legal rent of a housing unit is fixed by the first valid lease entered into and approved approved approved ap ap- ap- ap proved by the area rent office whether it is terminated or not up to December 31 1947 1917 After that date the unit is decontrolled so far as the area rent office is concerned concerned con con- and the lease takes over |