Owner lets tenant live in home for monthly rent in writing. Contract type:

Conditional contracts depend on the occurrence of a specific event before obligations are fulfilled. In this case, the agreement does not hinge on a future event but is effective immediately upon signing. Therefore, it does not meet the criteria for a conditional contract, which typically includes terms that would delay the responsibilities until a certain condition is met.

Assigned contracts refer to agreements where one party transfers its rights or obligations to another party. In this situation, the tenant does not take over rights from another party; rather, they engage directly with the owner under the terms of the lease. The nature of the contract here is direct between the owner and tenant, with no assignment involved.

Implied contracts are formed by the actions or conduct of the parties rather than a written agreement. In this scenario, since there is a clear written contract that outlines the terms of the rental agreement, it cannot be classified as implied. The existence of explicit written terms negates the need for an implied contract, which lacks such documentation.