Maine Provision of Guaranty Stating that it is Unaffected by Any Waiver or Forbearance by Landlord

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Description

This office lease provision states that the guarantor's liability is not affected or impaired by any delay by or failure of the landlord in enforcing any of its rights or remedies under the lease or at law, or by any deferral, waiver, or release of the tenant's obligations under the lease or any forbearance by the landlord in exercising any of its rights and remedies or by any other action, inaction, or omission by the landlord. This guaranty is independent of any security or remedies which the landlord has under the law.

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FAQ

Maine law says the security deposit can't be more than two times the monthly rent.

Maine law says the security deposit can't be more than two times the monthly rent.

Normal wear and tear. "Normal wear and tear" means the deterioration that occurs, based upon the use for which the rental unit is intended, without negligence, carelessness, accident or abuse of the premises or equipment or chattels by the tenant or members of the tenant's household or their invitees or guests.

Maine law gives tenants an "implied warranty of habitability." This means that your landlord must promise that your home is safe and healthy to live in. Examples of problems your landlord has a duty to fix: undrinkable water. no heat or too little heat in the winter.

If your rental unit is damaged for any reason, including due incidents of domestic violence, stalking, or sexual assault, the landlord can keep your security deposit to cover the damages. The landlord cannot keep your security deposit as a penalty for breaking the lease.

If, after you provide adequate notice, your landlord fails to make important repairs in your dwelling unit, Maine gives you the right to "repair and deduct" by paying for the repairs yourself and withholding that amount from your rent payment.

Maine is a landlord-friendly state because of the lack of rent control laws.

A landlord must give you adequate notice before you are evicted or your rent is increased. The landlord cannot abuse your security deposits. Tenants always have a right to a court hearing before the landlord can evict them. Unfair rental contracts can be in violation of the Maine Unfair Trade Practices Act.

Maine is a landlord-friendly state because of the lack of rent control laws.

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Maine Provision of Guaranty Stating that it is Unaffected by Any Waiver or Forbearance by Landlord