Guam Simple Cancellation Provisions for Landlord

State:
Multi-State
Control #:
US-OL24051B
Format:
Word; 
PDF
Instant download

Description

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.

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FAQ

Both the landlord and tenant must give at least one month's notice to the other party when wanting to cancel the lease. (See Rental Housing Act 1999.) The Consumer Protection Act (CPA) gives additional rights to the tenant by allowing them to cancel the lease provided 20 business days' notice is given.

Are There Any Limits To Rent Increases In Georgia? No, they aren't. Landlords can increase rent prices as much as they want.

Rent Increases A landlord may only increase rent at the end of a lease agreement, or with written notice during a month-to-month tenancy. The notice must be given at least 45 days before the rent increase takes effect. 3. Lease Agreements A lease agreement is a legally binding contract between a landlord and tenant.

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Guam Simple Cancellation Provisions for Landlord