Suffolk New York Rent Abatement Clause Providing for a Landlord Remedy and Damages

State:
Multi-State
County:
Suffolk
Control #:
US-OL4021
Format:
Word; 
PDF
Instant download

Description

This office lease clause states that the tenant shall be entitled to a conditional rent credit against each monthly installment of fixed rent payable during such rent credit period, but during such rent credit period the tenant shall otherwise be required to comply with all of the other terms, covenants and conditions of this lease on the tenant's part to be observed and performed, including but not limited to, payment of any increases in fixed as long as the tenant is not in default.

The Suffolk New York Rent Abatement Clause provides landlords with a legal remedy and potential damages in case of non-payment or breach of lease by tenants. This clause allows landlords in Suffolk County, New York, to withhold or reduce rent if certain conditions specified in the lease agreement are not met by the tenant. One type of Suffolk New York Rent Abatement Clause is the Non-Payment Rent Abatement Clause. This clause allows the landlord to withhold or reduce rent if the tenant fails to make rental payments on time. It offers the landlord the opportunity to recover lost rent and seek potential damages caused by the tenant's non-payment. Another type is the Breach of Lease Rent Abatement Clause. This clause permits the landlord to withhold or reduce rent if the tenant breaches any term or condition stated in the lease agreement. Examples of breaches could be unauthorized subletting, property damage, or violating noise restrictions. In such cases, the landlord can seek damages and apply rent abatement until the breach is rectified. The Suffolk New York Rent Abatement Clause acts as a deterrent for tenants to default in their rental obligations since they are aware of the potential consequences. By including this clause in the lease agreement, landlords protect their rights and ensure their financial interests are safeguarded in case of tenant misbehavior. It is important for both landlords and tenants to fully understand the terms of the Rent Abatement Clause before signing the lease agreement. Landlords should consult legal professionals to draft the clause accurately and ensure it complies with Suffolk County, New York, regulations. Likewise, tenants should carefully review the clause to be aware of their responsibilities and potential consequences for non-compliance. Overall, the Suffolk New York Rent Abatement Clause Providing for a Landlord Remedy and Damages is a crucial provision that landlords use to protect their rights and financial interests. By employing this clause, landlords in Suffolk County can effectively address situations where tenants either fail to make rental payments or breach the terms of the lease agreement, ensuring a fair and just rental relationship for both parties involved.

The Suffolk New York Rent Abatement Clause provides landlords with a legal remedy and potential damages in case of non-payment or breach of lease by tenants. This clause allows landlords in Suffolk County, New York, to withhold or reduce rent if certain conditions specified in the lease agreement are not met by the tenant. One type of Suffolk New York Rent Abatement Clause is the Non-Payment Rent Abatement Clause. This clause allows the landlord to withhold or reduce rent if the tenant fails to make rental payments on time. It offers the landlord the opportunity to recover lost rent and seek potential damages caused by the tenant's non-payment. Another type is the Breach of Lease Rent Abatement Clause. This clause permits the landlord to withhold or reduce rent if the tenant breaches any term or condition stated in the lease agreement. Examples of breaches could be unauthorized subletting, property damage, or violating noise restrictions. In such cases, the landlord can seek damages and apply rent abatement until the breach is rectified. The Suffolk New York Rent Abatement Clause acts as a deterrent for tenants to default in their rental obligations since they are aware of the potential consequences. By including this clause in the lease agreement, landlords protect their rights and ensure their financial interests are safeguarded in case of tenant misbehavior. It is important for both landlords and tenants to fully understand the terms of the Rent Abatement Clause before signing the lease agreement. Landlords should consult legal professionals to draft the clause accurately and ensure it complies with Suffolk County, New York, regulations. Likewise, tenants should carefully review the clause to be aware of their responsibilities and potential consequences for non-compliance. Overall, the Suffolk New York Rent Abatement Clause Providing for a Landlord Remedy and Damages is a crucial provision that landlords use to protect their rights and financial interests. By employing this clause, landlords in Suffolk County can effectively address situations where tenants either fail to make rental payments or breach the terms of the lease agreement, ensuring a fair and just rental relationship for both parties involved.

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Suffolk New York Rent Abatement Clause Providing for a Landlord Remedy and Damages