Virgin Islands Delay Rental Payment Agreement for Multiple Owners Directing Payment of Rentals Provided For in A Lease to An Agent
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How to fill out Virgin Islands Delay Rental Payment Agreement For Multiple Owners Directing Payment Of Rentals Provided For In A Lease To An Agent?
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FAQ
Periodic tenancy; holdover remedies. A. The landlord or the tenant may terminate a week-to-week tenancy by serving a written notice on the other at least seven days prior to the next rent due date.
A clause in an oil & gas lease that allows the lessee to pay an amount (delay rental) to the lessor to postpone commencement of drilling operations during the primary term of the lease to keep it in effect.
The late fees and allocations clause states what fees will be charged if rent payment is late, how those fees will be applied and how the money will be allocated to pay off the fees and rent. Most landlords charge a late fee the day after the rent is due and for each additional day that it is not paid.
All charges payable by Tenant other than Base Rent are called "Additional Rent." Unless this Lease provides otherwise, Tenant shall pay all Additional Rent then due with the next monthly installment of Base Rent.
A clause in an oil & gas lease that allows the lessee to pay an amount (delay rental) to the lessor to postpone commencement of drilling operations during the primary term of the lease to keep it in effect.
