This office lease provision lists the conditions under which the landlord shall accept surrender and the lease shall be deemed terminated.
Dallas Texas Conditional Limitation of Tenant Liability Good Guy Provision is a legal provision designed to protect commercial tenants in the city from financial burdens when terminating their lease early. It offers tenants a conditional limitation on their liability and grants them certain rights in specific situations. The Conditional Limitation of Tenant Liability Good Guy Provision primarily applies to commercial leases in Dallas, Texas. It ensures that landlords are unable to hold tenants fully responsible for the remaining lease term when they provide advanced notice and meet specific conditions outlined in the provision. Under this Dallas provision, a "Good Guy" tenant is one who: 1. Provides advance written notice to the landlord of their intention to terminate the lease early. Typically, this notice period ranges from 30 to 90 days before the intended termination date. 2. Remains in compliance with all lease terms and conditions until the date of termination. This includes paying rent, maintaining the property, and following any other obligations specified in the lease agreement. 3. Vacates the premises completely by the agreed termination date and returns all keys and access devices to the landlord. By fulfilling these conditions, a Good Guy tenant in Dallas Texas may limit their liability to unpaid rent, damages, or other costs only up until the date of termination. They will not be held responsible for the entire remaining period of the lease. It is essential to note that the Dallas Texas Conditional Limitation of Tenant Liability Good Guy Provision may have variations or different names depending on specific lease agreements or legal requirements. Landlords and tenants may modify the provision to include additional conditions or limitations to suit their individual needs. Some alternative names or similar provisions found in Dallas Texas commercial lease agreements may include: 1. Early Termination Limitation Clause: This provision restricts the tenant's financial liability when terminating the lease before the agreed-upon term. 2. Conditional Liability Release: This variation outlines specific conditions a tenant must meet to limit their liability upon early lease termination. 3. Modified Tenant Liability Provision: This provision offers modifications to the tenant's liability based on certain criteria, such as notice period, compliance, and timely vacating. In conclusion, the Dallas Texas Conditional Limitation of Tenant Liability Good Guy Provision is a beneficial legal safeguard for commercial tenants. By complying with specific conditions, tenants can limit their liability to unpaid rent and damages up until the date of termination, providing them with financial protection and peace of mind when ending their lease early.Dallas Texas Conditional Limitation of Tenant Liability Good Guy Provision is a legal provision designed to protect commercial tenants in the city from financial burdens when terminating their lease early. It offers tenants a conditional limitation on their liability and grants them certain rights in specific situations. The Conditional Limitation of Tenant Liability Good Guy Provision primarily applies to commercial leases in Dallas, Texas. It ensures that landlords are unable to hold tenants fully responsible for the remaining lease term when they provide advanced notice and meet specific conditions outlined in the provision. Under this Dallas provision, a "Good Guy" tenant is one who: 1. Provides advance written notice to the landlord of their intention to terminate the lease early. Typically, this notice period ranges from 30 to 90 days before the intended termination date. 2. Remains in compliance with all lease terms and conditions until the date of termination. This includes paying rent, maintaining the property, and following any other obligations specified in the lease agreement. 3. Vacates the premises completely by the agreed termination date and returns all keys and access devices to the landlord. By fulfilling these conditions, a Good Guy tenant in Dallas Texas may limit their liability to unpaid rent, damages, or other costs only up until the date of termination. They will not be held responsible for the entire remaining period of the lease. It is essential to note that the Dallas Texas Conditional Limitation of Tenant Liability Good Guy Provision may have variations or different names depending on specific lease agreements or legal requirements. Landlords and tenants may modify the provision to include additional conditions or limitations to suit their individual needs. Some alternative names or similar provisions found in Dallas Texas commercial lease agreements may include: 1. Early Termination Limitation Clause: This provision restricts the tenant's financial liability when terminating the lease before the agreed-upon term. 2. Conditional Liability Release: This variation outlines specific conditions a tenant must meet to limit their liability upon early lease termination. 3. Modified Tenant Liability Provision: This provision offers modifications to the tenant's liability based on certain criteria, such as notice period, compliance, and timely vacating. In conclusion, the Dallas Texas Conditional Limitation of Tenant Liability Good Guy Provision is a beneficial legal safeguard for commercial tenants. By complying with specific conditions, tenants can limit their liability to unpaid rent and damages up until the date of termination, providing them with financial protection and peace of mind when ending their lease early.
