Lease Agreement Hide SNN Field For Free

Leasing Condition means, with respect to any Property, (i) that such Property has been leased to an Eligible Tenant pursuant to an Eligible Lease, (ii) all leasing costs and commissions in respect thereof have been paid in full and (iii) the applicable Borrower has received the first monthly rent payment under the ...

A landlord is able to legally end a lease if the tenant violates the terms of the lease or has broken the law. The violation by the tenant needs to be significant like late rent or having a pet despite the rule stating 'no pets allowed on the premises.

The Provisions of a Lease Contract Rent amount, due dates, grace period, and late fees. Rent payment method. Methods for ending the contract before its expiration date, as well as any fees that may apply. Amount and account information for the security deposit.

The lessee is adjudicated an insolvent and the lease provides that the lessor may re- enter on the happening of such event. The lease terminates when the express condition is broken by the lessee which had provided that in case of breach of the condition by the lessee the lessor will re-enter the leased property.

The owner shall have rights to terminate the tenancy if the tenant fails to pay the rent regularly for a consecutive period of two months or commits breach of any of the terms herein and take possession for the premises without notice.

The lessee must sign the cancellation deed which the lessor can present for surrender in the office of the sub-registrar either in person or through his agent. The Lease Deed will then be dated, signed, following a professional format and be jointly terminated by both parties.

@Raja: the clause reads "the lessor is entitled to terminate the lease by issuing two months' notice to the lessee if the lessee fails to pay rent for two consecutive months provided that the lessor has issued notice to lessee explaining the non-payment and amount of rent outstanding and that the lessee fails to remedy ...