Massachusetts Indemnification of Lessor

State:
Multi-State
Control #:
US-OG-801
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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FAQ

Landlord shall indemnify, defend, protect, and hold harmless Tenant and the Tenant's Parties from and against any and all loss, cost, damage, expense and liability (including without limitation court costs and reasonable attorneys' fees) incurred in connection with or arising from (1)the negligence or misconduct of ...

However, the landlord can deduct from the full amount for: Any unpaid rent which has not been withheld validly or deducted in ance with the law. Any unpaid increase in real estate taxes if you were obligated to pay it under a valid tax escalator clause in your lease.

The landlord is given five days from the date of notice to begin repairs or to contract for outside services and 14 days to substantially complete all necessary repairs. (The inspecting agency or court may shorten this time frame.)

Reasonable Wear and Tear Gives Lots of Damage a Pass Massachusetts security deposit law has a standard for deductions. You can only deduct for things that are beyond reasonable wear and tear. This means that a carpet stain for a renter who lived in the unit for several years might be considered normal.

The law says landlords: May only charge for the first and last month's rent, a new lock and key, and a security deposit when you first move in. May not ask for a security deposit that is more than your 1st month's rent. May not charge other fees, like pet fees, cleaning fees, and application fees.

Landlords and state laws determine what damages are considered normal. Landlords should send tenants an itemized list of the damage(s) and repair costs if they keep a portion of the security deposit. The money deducted from the security deposit should only cover repair costs.

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Massachusetts Indemnification of Lessor