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.
Travis Texas Simple Cancellation Provisions for Landlord refers to the regulations and stipulations that govern the cancellation terms in a lease agreement between a landlord and a tenant in Travis County, Texas. These provisions outline the specific conditions and procedures that must be followed if either party wishes to terminate the lease agreement before its predetermined end date. Keywords: Travis Texas, Simple Cancellation Provisions for Landlord, lease agreement, landlord, tenant, Travis County, termination, conditions, procedures. Travis Texas Simple Cancellation Provisions for Landlord include several types, based on the specific circumstances and reasons for termination. Here are a few common examples: 1. Early Termination: This provision allows a tenant or landlord to end the lease agreement before the agreed-upon termination date. However, certain conditions, such as a specified notice period or agreed-upon penalty, may be outlined in the provision. 2. Non-Payment of Rent: This provision allows the landlord to cancel the lease agreement if the tenant fails to pay rent within a specified period. It may also include guidelines on late fees, payment grace periods, and notice requirements before terminating the lease. 3. Breach of Lease Terms: This provision applies when either the landlord or the tenant violates the terms and conditions specified in the lease agreement. It may cover issues such as unauthorized subletting, illegal activities on the premises, or failure to maintain the property in satisfactory condition. 4. Sale of Property: If the landlord decides to sell the rental property during the lease term, a provision may allow for cancellation with an appropriate notice period. This provision may also outline the landlord's responsibility for relocation expenses or providing alternative housing options if the lease is terminated due to the property's sale. 5. Mutual Agreement: Landlords and tenants can negotiate a provision that allows for a mutually agreed-upon cancellation. This provision could specify the terms for termination, such as notice periods, penalty fees, or potential reimbursement of expenses. It's important for both landlords and tenants to carefully review the lease agreement and understand these Simple Cancellation Provisions specific to Travis Texas. Adhering to these provisions ensures a fair and legal termination process, avoiding potential disputes or legal issues.Travis Texas Simple Cancellation Provisions for Landlord refers to the regulations and stipulations that govern the cancellation terms in a lease agreement between a landlord and a tenant in Travis County, Texas. These provisions outline the specific conditions and procedures that must be followed if either party wishes to terminate the lease agreement before its predetermined end date. Keywords: Travis Texas, Simple Cancellation Provisions for Landlord, lease agreement, landlord, tenant, Travis County, termination, conditions, procedures. Travis Texas Simple Cancellation Provisions for Landlord include several types, based on the specific circumstances and reasons for termination. Here are a few common examples: 1. Early Termination: This provision allows a tenant or landlord to end the lease agreement before the agreed-upon termination date. However, certain conditions, such as a specified notice period or agreed-upon penalty, may be outlined in the provision. 2. Non-Payment of Rent: This provision allows the landlord to cancel the lease agreement if the tenant fails to pay rent within a specified period. It may also include guidelines on late fees, payment grace periods, and notice requirements before terminating the lease. 3. Breach of Lease Terms: This provision applies when either the landlord or the tenant violates the terms and conditions specified in the lease agreement. It may cover issues such as unauthorized subletting, illegal activities on the premises, or failure to maintain the property in satisfactory condition. 4. Sale of Property: If the landlord decides to sell the rental property during the lease term, a provision may allow for cancellation with an appropriate notice period. This provision may also outline the landlord's responsibility for relocation expenses or providing alternative housing options if the lease is terminated due to the property's sale. 5. Mutual Agreement: Landlords and tenants can negotiate a provision that allows for a mutually agreed-upon cancellation. This provision could specify the terms for termination, such as notice periods, penalty fees, or potential reimbursement of expenses. It's important for both landlords and tenants to carefully review the lease agreement and understand these Simple Cancellation Provisions specific to Travis Texas. Adhering to these provisions ensures a fair and legal termination process, avoiding potential disputes or legal issues.
