For a lease lasting over a year, what is not a requirement?

In the context of leasing agreements, particularly those that last longer than one year, certain legal requirements are necessary to ensure the enforceability of the lease. A written agreement is crucial because leases exceeding one year fall under the Statute of Frauds, which stipulates that certain contracts must be in writing to be legally binding. This protects both parties by providing clear terms and conditions.

Signatures from both the lessor and lessee are also essential. This demonstrates mutual consent and confirms that both parties agree to the terms laid out in the lease. The absence of either party's signature could lead to disputes regarding the validity of the agreement.

The requirement for a witness signature, however, is not universally mandated for leases over a year. While some jurisdictions may have specific rules, generally, a lease can remain valid and enforceable without the need for a witness, provided it is written and signed by the parties involved. Thus, this option is correctly identified as not a requirement, as the primary legalities center around the written document and the signatures of the involved parties.