This office lease provision states that the landlord has the right to cancel the lease after the expiration of the first sixty (60) months of the initial term of the lease by giving the tenant at least one hundred and twenty (120) days prior notice of such cancellation.
Kings New York Simple Cancellation Provisions for Landlord are provisions that allow a landlord to terminate a lease agreement under specific circumstances and with certain legal requirements. These provisions ensure that both parties have a clear understanding of the conditions that could lead to the termination of the lease agreement. Here are some different types of Kings New York Simple Cancellation Provisions for Landlord: 1. Non-payment of rent: If a tenant fails to pay the rent on time for a consecutive number of months, the landlord may have the right to cancel the lease agreement. This provision aims to protect the landlord's income and ensure timely payment. 2. Property damage: If the tenant causes substantial damage to the rental property beyond normal wear and tear, the landlord may have grounds to terminate the lease. This provision safeguards the value and condition of the property. 3. Breach of lease terms: If the tenant violates any significant terms of the lease agreement, such as subletting without permission or housing unauthorized occupants, the landlord may have the option to cancel the lease. This provision helps maintain order and adherence to the agreed-upon terms. 4. Illegal or prohibited uses: If the tenant engages in illegal activities on the property or uses it for purposes not allowed under local laws or zoning regulations, the landlord may cancel the lease. This provision ensures compliance with legal requirements and protects the property's reputation. 5. Mutual Agreement: Sometimes, both the landlord and tenant might mutually agree to terminate the lease before the agreed term. In such cases, a simple cancellation provision can outline the necessary steps and conditions for termination. This provision allows for flexibility and fair negotiation. It is important to consult specific lease agreements and applicable laws in Kings New York for a comprehensive understanding of the cancellation provisions that landlords can use. Additionally, it is recommended to seek legal assistance to ensure that any termination is conducted within legal boundaries and adheres to tenants' rights.Kings New York Simple Cancellation Provisions for Landlord are provisions that allow a landlord to terminate a lease agreement under specific circumstances and with certain legal requirements. These provisions ensure that both parties have a clear understanding of the conditions that could lead to the termination of the lease agreement. Here are some different types of Kings New York Simple Cancellation Provisions for Landlord: 1. Non-payment of rent: If a tenant fails to pay the rent on time for a consecutive number of months, the landlord may have the right to cancel the lease agreement. This provision aims to protect the landlord's income and ensure timely payment. 2. Property damage: If the tenant causes substantial damage to the rental property beyond normal wear and tear, the landlord may have grounds to terminate the lease. This provision safeguards the value and condition of the property. 3. Breach of lease terms: If the tenant violates any significant terms of the lease agreement, such as subletting without permission or housing unauthorized occupants, the landlord may have the option to cancel the lease. This provision helps maintain order and adherence to the agreed-upon terms. 4. Illegal or prohibited uses: If the tenant engages in illegal activities on the property or uses it for purposes not allowed under local laws or zoning regulations, the landlord may cancel the lease. This provision ensures compliance with legal requirements and protects the property's reputation. 5. Mutual Agreement: Sometimes, both the landlord and tenant might mutually agree to terminate the lease before the agreed term. In such cases, a simple cancellation provision can outline the necessary steps and conditions for termination. This provision allows for flexibility and fair negotiation. It is important to consult specific lease agreements and applicable laws in Kings New York for a comprehensive understanding of the cancellation provisions that landlords can use. Additionally, it is recommended to seek legal assistance to ensure that any termination is conducted within legal boundaries and adheres to tenants' rights.
