District of Columbia Destruction Clause Long Form

State:
Multi-State
Control #:
US-OL11024B
Format:
Word; 
PDF
Instant download

Description

This office lease clause is the long form for dealing with the destruction of the premises and the conditions and obligations of the landlord to restore and accommodate the tenants.

The District of Columbia Destruction Clause Long Form is a legal provision that addresses the scenario of destruction, damage, or loss to real property situated within the District of Columbia. This detailed clause is incorporated into contracts, leases, or agreements to provide clarity and guidance in the event of such unfortunate occurrences. The District of Columbia Destruction Clause Long Form outlines the rights, obligations, and responsibilities of the parties involved in case the property subject to the agreement is partially or completely destroyed. It identifies key elements such as notification procedures, allocation of risks and liabilities, insurance requirements, and measures to be taken following the destruction. This clause is crucial in protecting the parties' interests and ensuring a fair resolution. Keywords: District of Columbia, destruction, clause, long form, legal provision, real property, contracts, leases, agreements, damage, loss, scenario, clarity, guidance, rights, obligations, responsibilities, notification procedures, allocation of risks, liabilities, insurance requirements, measures, resolution. Different types of District of Columbia Destruction Clause Long Forms may include variations based on the type of property or the nature of the agreement. Some common variations could include the following: 1. Commercial Property Destruction Clause: This long-form clause is specifically designed for commercial properties within the District of Columbia, outlining procedures, responsibilities, and liabilities unique to commercial real estate. 2. Residential Property Destruction Clause: Catering to residential properties, this long-form clause addresses the specific concerns, obligations, and insurance requirements related to residential buildings located in the District of Columbia. 3. Lease Agreement Destruction Clause: Often added to lease agreements, this long-form clause focuses on the issues surrounding destruction or damage that may occur during the term of a lease. It stipulates the rights and responsibilities of both the landlord and tenant. 4. Construction Contract Destruction Clause: This long-form clause is commonly included in construction contracts within the District of Columbia. It covers the obligations, indemnification, insurance, and dispute resolution pertaining to property destruction during construction projects. By tailoring the District of Columbia Destruction Clause Long Form to address the specific circumstances and context of the agreement, parties can ensure a comprehensive and customized approach to mitigating the potential risks associated with property destruction within the District of Columbia.

The District of Columbia Destruction Clause Long Form is a legal provision that addresses the scenario of destruction, damage, or loss to real property situated within the District of Columbia. This detailed clause is incorporated into contracts, leases, or agreements to provide clarity and guidance in the event of such unfortunate occurrences. The District of Columbia Destruction Clause Long Form outlines the rights, obligations, and responsibilities of the parties involved in case the property subject to the agreement is partially or completely destroyed. It identifies key elements such as notification procedures, allocation of risks and liabilities, insurance requirements, and measures to be taken following the destruction. This clause is crucial in protecting the parties' interests and ensuring a fair resolution. Keywords: District of Columbia, destruction, clause, long form, legal provision, real property, contracts, leases, agreements, damage, loss, scenario, clarity, guidance, rights, obligations, responsibilities, notification procedures, allocation of risks, liabilities, insurance requirements, measures, resolution. Different types of District of Columbia Destruction Clause Long Forms may include variations based on the type of property or the nature of the agreement. Some common variations could include the following: 1. Commercial Property Destruction Clause: This long-form clause is specifically designed for commercial properties within the District of Columbia, outlining procedures, responsibilities, and liabilities unique to commercial real estate. 2. Residential Property Destruction Clause: Catering to residential properties, this long-form clause addresses the specific concerns, obligations, and insurance requirements related to residential buildings located in the District of Columbia. 3. Lease Agreement Destruction Clause: Often added to lease agreements, this long-form clause focuses on the issues surrounding destruction or damage that may occur during the term of a lease. It stipulates the rights and responsibilities of both the landlord and tenant. 4. Construction Contract Destruction Clause: This long-form clause is commonly included in construction contracts within the District of Columbia. It covers the obligations, indemnification, insurance, and dispute resolution pertaining to property destruction during construction projects. By tailoring the District of Columbia Destruction Clause Long Form to address the specific circumstances and context of the agreement, parties can ensure a comprehensive and customized approach to mitigating the potential risks associated with property destruction within the District of Columbia.

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District of Columbia Destruction Clause Long Form