This form is a tenant oriented office lease clause that states that the amount of the security deposit shall be reduced from 4 months' Base Rent to 3 months' Base Rent provided that certain lease conditions are met by the lessee.
New Hampshire Tenant Oriented Clause Providing for the Reduction of the Tenant Security Deposit
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Multi-State
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US-OL4A012C
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How to fill out Tenant Oriented Clause Providing For The Reduction Of The Tenant Security Deposit?
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FAQ
Basic Rights: All tenants in New Hampshire are legally entitled to a unit that meets basic health, structural, and safety standards, and that is in good repair. Withholding of Rent: Yes. A tenant may withhold rent if the landlord fails to keep the rental unit in a livable condition.
It prohibits tenants from interfering with other tenants' right to quiet enjoyment, damaging the property, and obstructing the landlord's lawful access to the property. Specific prohibited acts are found in RSA 540-A:3.
Within 30 days from when your tenancy ends, your landlord must return your full security deposit, or the portion left after deductions for unpaid rent and/or the cost of repairs. You can sue your landlord in small claims court if you do not get your security deposit back within 30 days.
New Hampshire is a somewhat landlord-friendly state because of the lack of rent control laws.
Anything that you pay to a landlord in excess of one month's rent is a security deposit. In New Hampshire, a landlord can require no more than $100 or one month's rent as a security deposit. The landlord must give you a receipt for your security deposit.
Basic Rights: All tenants in New Hampshire are legally entitled to a unit that meets basic health, structural, and safety standards, and that is in good repair. Withholding of Rent: Yes. A tenant may withhold rent if the landlord fails to keep the rental unit in a livable condition. N.H. Rev.
