Webual value of property at termination of lease; finality If a lease has a residual value provision at the termination of the lease, the lessee may obtain at his expense, a professional appraisal of the leased property by an independent third party agreed to by both parties. Such appraisal shall be final and binding on the parties. Web2.1 Remeasurement of the Existing Premises.. Notwithstanding anything to the contrary set forth in the Office Lease, the First Amendment, or this Second Amendment, Landlord and Tenant acknowledge and agree that Landlord has remeasured the Building and that, according to such remeasurement, (a) Suite 100, which includes the basement/lower …
Damage or Destruction to the Leased Premises Sample Clauses
WebIf the lease provides for it, the landlord may also deduct the tenant’s share of any increase in the landlord’s property taxes. If the landlord decides to keep all or a part of the security deposit for damages, then the landlord must give the tenant a written description of the damage and an estimate of the repair cost within 30 days of the ... WebDec 29, 2024 · If the landlord fails to disclose and the tenant suffers substantial property damage due to flooding, the tenant may end the lease. Lease termination must be in writing and given to the landlord no later than 30 days after the damage occurred. family medicine of carthage ny
Free West Virginia Eviction Notice Forms Rev. 2024 PDF & Word
WebSample 1 Sample 2. Remove Advertising. Damage or Destruction to the Leased Premises. If the Leased Premises are destroyed this Lease shall terminate. If the Leased … WebApr 14, 2024 · Immediate Notice to Vacate – If the tenant deliberately or negligently caused property damage or committed an illegal activity on the premises. 30 Day Notice to Vacate – If the tenant or landlord is ending a month-to-month lease. This letter may also be used for tenants with no written lease that pay rent monthly or for tenants with an ... WebSample 1 Sample 2 Sample 3 See All ( 9) Termination due to damage or destruction. If the Premises, or any portion thereof, shall be damaged by fire or other casualty, Tenant … family medicine of carrollton