This office lease form describes the provision used when under certain circumstances, the landlord is unable to give possession of the demised premises on the date of the commencement of the term.
Kings New York Standard Provision Used When Delivery of the Premises Is Delayed In New York, the Kings New York Standard Provision is commonly utilized in lease agreements to address delays in the delivery of premises to tenants. This provision safeguards the rights and interests of both the tenant and the landlord in the event of unexpected delays. Typically, there are two types of Kings New York Standard Provisions used in such cases: 1. Tenant's Remedies: This provision outlines the actions that a tenant can take if the delivery of the premises is delayed beyond the agreed-upon timeframe. It may include options such as rent abatement, termination of the lease, or a right to seek damages for any losses incurred due to the delay. These remedies ensure that the tenant is protected from any significant financial burden caused by the delay. 2. Landlord's Obligations: This provision details the responsibilities of the landlord in the event of a delayed delivery. It may include the landlord's obligation to notify the tenant promptly about the delay, provide regular updates on the progress, and diligently work towards minimizing the delay. Additionally, it might include specific clauses regarding compensation to the tenant for any costs or damages resulting from the delay, ensuring that the landlord also bears some responsibility for the inconvenience caused. As for relevant keywords for this topic, consider: Kings New York Standard Provision, premises delivery delay, tenant's remedies, landlord's obligations, rent abatement, lease termination, compensation for delays, New York lease agreement, delivery delay clause, tenant's rights, and landlord responsibilities. Remember, specific variations and additional clauses may exist within the Kings New York Standard Provision used in different lease agreements, so it's always important to review the actual provision mentioned in the concerned lease for full details and any specific modifications made by the parties involved.Kings New York Standard Provision Used When Delivery of the Premises Is Delayed In New York, the Kings New York Standard Provision is commonly utilized in lease agreements to address delays in the delivery of premises to tenants. This provision safeguards the rights and interests of both the tenant and the landlord in the event of unexpected delays. Typically, there are two types of Kings New York Standard Provisions used in such cases: 1. Tenant's Remedies: This provision outlines the actions that a tenant can take if the delivery of the premises is delayed beyond the agreed-upon timeframe. It may include options such as rent abatement, termination of the lease, or a right to seek damages for any losses incurred due to the delay. These remedies ensure that the tenant is protected from any significant financial burden caused by the delay. 2. Landlord's Obligations: This provision details the responsibilities of the landlord in the event of a delayed delivery. It may include the landlord's obligation to notify the tenant promptly about the delay, provide regular updates on the progress, and diligently work towards minimizing the delay. Additionally, it might include specific clauses regarding compensation to the tenant for any costs or damages resulting from the delay, ensuring that the landlord also bears some responsibility for the inconvenience caused. As for relevant keywords for this topic, consider: Kings New York Standard Provision, premises delivery delay, tenant's remedies, landlord's obligations, rent abatement, lease termination, compensation for delays, New York lease agreement, delivery delay clause, tenant's rights, and landlord responsibilities. Remember, specific variations and additional clauses may exist within the Kings New York Standard Provision used in different lease agreements, so it's always important to review the actual provision mentioned in the concerned lease for full details and any specific modifications made by the parties involved.
