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.
Salt Lake City, Utah is the capital and largest city of the state of Utah, located in the western United States. Known for its stunning mountain views, outdoor recreational opportunities, and vibrant culture, Salt Lake City attracts both residents and tourists alike. With its rich history and diverse population, the city offers a wide range of activities, such as visiting world-class museums, exploring fascinating historic sites, and enjoying the city's thriving arts and music scene. When it comes to renting property in Salt Lake City, tenants and landlords need to be aware of the simple cancellation provisions that are available. These provisions outline the terms and conditions under which a landlord or tenant can cancel a lease agreement or rental contract. 1. Tenant-Initiated Simple Cancellation Provisions: — Early Termination: This provision allows a tenant to terminate the lease before the agreed-upon end date, typically by providing a written notice to the landlord within a specified period. — Job Transfer: If a tenant is transferred to another location due to work, they may be able to cancel the lease early with appropriate documentation. — Military Service: Active-duty military personnel who receive orders for deployment or permanent change of station (PCS) have the right to terminate their lease under the Service members Civil Relief Act (SCRA). — Health or Safety Concerns: In some cases, a tenant may be eligible for cancellation if they can demonstrate that their health or safety is at risk in the rental property due to maintenance issues or other factors. 2. Landlord-Initiated Simple Cancellation Provisions: — Non-Payment of Rent: If a tenant fails to pay rent within a specified time period, the landlord may be able to cancel the lease agreement. — Breach of Lease: If a tenant violates the terms of the lease agreement, such as causing property damage or engaging in illegal activities, the landlord may have grounds for cancellation. — Owner Move-In: A landlord may decide to terminate a lease agreement if they intend to move into the rental property themselves. — Renovation or Sale: If the landlord plans to renovate the property or sell it, they may have the option to cancel the lease agreement after providing proper notice to the tenant. It is essential for both landlords and tenants in Salt Lake City to understand the specific terms and conditions related to simple cancellation provisions. Each case may vary based on the terms outlined in the lease agreement, local regulations, and the unique circumstances of the situation. Seeking legal advice or consulting with a real estate professional can help ensure proper understanding and adherence to applicable cancellation provisions.Salt Lake City, Utah is the capital and largest city of the state of Utah, located in the western United States. Known for its stunning mountain views, outdoor recreational opportunities, and vibrant culture, Salt Lake City attracts both residents and tourists alike. With its rich history and diverse population, the city offers a wide range of activities, such as visiting world-class museums, exploring fascinating historic sites, and enjoying the city's thriving arts and music scene. When it comes to renting property in Salt Lake City, tenants and landlords need to be aware of the simple cancellation provisions that are available. These provisions outline the terms and conditions under which a landlord or tenant can cancel a lease agreement or rental contract. 1. Tenant-Initiated Simple Cancellation Provisions: — Early Termination: This provision allows a tenant to terminate the lease before the agreed-upon end date, typically by providing a written notice to the landlord within a specified period. — Job Transfer: If a tenant is transferred to another location due to work, they may be able to cancel the lease early with appropriate documentation. — Military Service: Active-duty military personnel who receive orders for deployment or permanent change of station (PCS) have the right to terminate their lease under the Service members Civil Relief Act (SCRA). — Health or Safety Concerns: In some cases, a tenant may be eligible for cancellation if they can demonstrate that their health or safety is at risk in the rental property due to maintenance issues or other factors. 2. Landlord-Initiated Simple Cancellation Provisions: — Non-Payment of Rent: If a tenant fails to pay rent within a specified time period, the landlord may be able to cancel the lease agreement. — Breach of Lease: If a tenant violates the terms of the lease agreement, such as causing property damage or engaging in illegal activities, the landlord may have grounds for cancellation. — Owner Move-In: A landlord may decide to terminate a lease agreement if they intend to move into the rental property themselves. — Renovation or Sale: If the landlord plans to renovate the property or sell it, they may have the option to cancel the lease agreement after providing proper notice to the tenant. It is essential for both landlords and tenants in Salt Lake City to understand the specific terms and conditions related to simple cancellation provisions. Each case may vary based on the terms outlined in the lease agreement, local regulations, and the unique circumstances of the situation. Seeking legal advice or consulting with a real estate professional can help ensure proper understanding and adherence to applicable cancellation provisions.
