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Utah Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor

State:
Multi-State
Control #:
US-OG-572
Format:
Word; 
Rich Text
Instant download

Description

The Affidavit states that the Primary Term of a Lease is Not Extended by Additional Bonus Payment. A Utah Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor is a legal document used in Utah to declare that the primary term of a lease agreement has not been extended due to the receipt of an additional bonus payment by the lessor. This affidavit is relevant in cases where a lessor has received a bonus payment from the lessee, but the intention is not to extend the primary term of the lease agreement. Keywords: — Utah: This affidavit is specific to the state of Utah, and it adheres to the laws and regulations of Utah regarding leases and agreements. — Affidavit: An affidavit is a written statement of facts made under oath, which serves as evidence in a legal proceeding. — Primary Term: The primary term refers to the initial duration specified in the lease agreement during which the lessee has the right to use the property. — Lease: A lease is a legal contract between a lessor (property owner) and a lessee (tenant) that allows the lessee to use the property for a specified period, typically in exchange for rent payments. — Extended: The extension of the primary term means prolonging the initial duration of the lease agreement beyond the originally agreed-upon timeframe. — Additional Bonus Payment: It refers to an extra payment made by the lessee to the lessor beyond the regular rent or agreed-upon compensation. This payment is usually made as an incentive or compensation for certain considerations. — Lessor: The lessor is the property owner, landlord, or entity that grants the right to use the property to the lessee. — Lessee: The lessee is the tenant, renter, or entity that enters into a lease agreement with the lessor to use the property. Different types of Utah Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor may include variations in wording or additional stipulations based on specific circumstances or the preferences of the parties involved. However, the core intent of the affidavit remains the same, which is to clarify that the primary term of the lease agreement has not been extended despite the receipt of an additional bonus payment by the lessor.

A Utah Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor is a legal document used in Utah to declare that the primary term of a lease agreement has not been extended due to the receipt of an additional bonus payment by the lessor. This affidavit is relevant in cases where a lessor has received a bonus payment from the lessee, but the intention is not to extend the primary term of the lease agreement. Keywords: — Utah: This affidavit is specific to the state of Utah, and it adheres to the laws and regulations of Utah regarding leases and agreements. — Affidavit: An affidavit is a written statement of facts made under oath, which serves as evidence in a legal proceeding. — Primary Term: The primary term refers to the initial duration specified in the lease agreement during which the lessee has the right to use the property. — Lease: A lease is a legal contract between a lessor (property owner) and a lessee (tenant) that allows the lessee to use the property for a specified period, typically in exchange for rent payments. — Extended: The extension of the primary term means prolonging the initial duration of the lease agreement beyond the originally agreed-upon timeframe. — Additional Bonus Payment: It refers to an extra payment made by the lessee to the lessor beyond the regular rent or agreed-upon compensation. This payment is usually made as an incentive or compensation for certain considerations. — Lessor: The lessor is the property owner, landlord, or entity that grants the right to use the property to the lessee. — Lessee: The lessee is the tenant, renter, or entity that enters into a lease agreement with the lessor to use the property. Different types of Utah Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor may include variations in wording or additional stipulations based on specific circumstances or the preferences of the parties involved. However, the core intent of the affidavit remains the same, which is to clarify that the primary term of the lease agreement has not been extended despite the receipt of an additional bonus payment by the lessor.

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Utah Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor