This office lease provision states that the landlord has the right to cancel the lease after the expiration of the first sixty (60) months of the initial term of the lease by giving the tenant at least one hundred and twenty (120) days prior notice of such cancellation.
Florida Simple Cancellation Provisions for Landlord offer landlords the flexibility to terminate a rental agreement under specific circumstances. These provisions are designed to protect the rights of both renters and property owners in the state of Florida. Landlords can include cancellation clauses in their rental agreements to outline the conditions under which they may cancel the lease. One type of Florida Simple Cancellation Provision for Landlord is the "Cure or Quit" clause. This provision allows landlords to terminate the lease if the tenant fails to remedy a specified violation within a designated period of time. For example, if a tenant repeatedly violates noise regulations despite receiving warnings, the landlord can serve a notice requiring the tenant to correct the issue within a specific timeframe. If the tenant fails to comply, the landlord can terminate the lease agreement. Another type of Florida Simple Cancellation Provision for Landlord is the "Pay or Quit" clause. This provision enables landlords to terminate the lease if the tenant fails to pay the rent within a specified period. In such cases, the landlord typically serves the tenant with a notice demanding payment of the overdue rent within a specific timeframe. If the tenant fails to pay, the landlord can terminate the lease agreement. Landlords in Florida may also utilize the "Violation of Lease Terms" clause as a simple cancellation provision. This provision allows landlords to terminate the lease if the tenant violates any terms stated in the rental agreement. For instance, if the tenant sublets the property without permission or engages in illegal activities on the premises, the landlord can initiate the lease termination process. Additionally, landlords in Florida may have specific cancellation provisions related to property damage caused by tenants. If a tenant causes extensive damage to the property or fails to address the damage promptly, the landlord can initiate lease termination proceedings. It is important to note that the specific terms and conditions of Florida Simple Cancellation Provisions for Landlord vary depending on the rental agreement and the circumstances outlined in the lease. Landlords should consult with legal professionals or property management experts to ensure they comply with all applicable laws and regulations. Tenants should carefully review the rental agreement, including any cancellation provisions, before signing to understand their rights and obligations during the tenancy.
