Sentences with phrase «tenants on clauses»

Not exact matches

Then it dawned on him that his long - term tenants might be responsible, despite a clause in their lease barring them from using his place for transient occupancy.
On April 30, it will become mandatory for most residential landlords to use a 13 - page standardized lease agreement, recently unveiled by the provincial government in hopes of protecting tenants from being tricked by lengthy agreements rife with illegal clauses and language that is hard to understand and often winds up in litigation.
If you are a reliable tenant and pay your rent on time, your landlord may not take action to end your tenancy, even if there is a clause in it which allows them to do this.
The claim related to the tenant's break clause in the lease, which was exercised by M&S to determine the lease on 24 January 2012.
Many leases now contain a break clause option that allows the tenant to terminate the lease on a rent review date.
On the tenant side, this can include anything from paying your rent on time and following specific clauses (like not having pets or smoking) to keeping the property free from damage or paying for utilitieOn the tenant side, this can include anything from paying your rent on time and following specific clauses (like not having pets or smoking) to keeping the property free from damage or paying for utilitieon time and following specific clauses (like not having pets or smoking) to keeping the property free from damage or paying for utilities.
On the appeal, the tenant changed tack and argued that a holding over clause is inconsistent with the provisions enabling contracting out of LTA 1954.
The term can be defined to be, for example, five years, and if it is thought desirable to ensure that if the tenant holds over they will do so on the same terms as the lease, a separate clause can be included to that effect.
Clause 8 contained a tenant's break clause: by giving six months» written notice, the tenant could determine the lease on the «first break date» of 24 January 2012, under cl 8.1, or on the «second break date» of 24 January 2016, under cClause 8 contained a tenant's break clause: by giving six months» written notice, the tenant could determine the lease on the «first break date» of 24 January 2012, under cl 8.1, or on the «second break date» of 24 January 2016, under cclause: by giving six months» written notice, the tenant could determine the lease on the «first break date» of 24 January 2012, under cl 8.1, or on the «second break date» of 24 January 2016, under cl 8.2.
At DAC Beachcroft LLP, practice head Lesley Hughes has expertise in landlord and tenant disputes, particularly those with an insolvency aspect, complex service charge and dilapidations claims, break rights, issues arising from development agreements and rent reimbursement claims under NHS contracts, Recent work includes handling declaratory proceedings regarding a # 50m break clause; assisting with the termination of conditional development agreements; and advising on town centre regeneration matters for a local authority, which included assisting with procurement, landlord and tenant, listed building and right to light issues.
Jennifer regularly advises landlords and tenants, including individuals, corporate and public bodies on a broad range of subjects including dilapidation claims, forfeiture, possession proceedings (including squatter eviction), easements, opposed and unopposed lease renewals, operation of break clauses, rent reviews and other forms of landlord and tenant disputes.
It's important to understand the distinction between these two types of clauses and the implications they may have on the lease and the landlord - tenant relationship.
Advising on break clauses including successfully advising a tenant on steps required to comply with payment conditions attached to a break option and then recovering overpayment and acting on behalf of tenant on a dispute as to whether it had provided vacant possession.
One of the clauses of the lease required the tenant to carry on its business on a continuous basis from the leased premises.
Ms. Bonnie Docherty of Human Rights Watch, a campaign co-founder, will speak on the human rights implications of autonomous weapons systems, including the basic tenants of the right to life, principle of humanity, and dictates of the public conscience or Marten's Clause.
You can include important clause pertaining to the agreement and also notify that unlawful detainer act may be issued in case the tenant fails to vacate the premises on or before the time stipulated in the letter.
• Create and adjust contracts based on client requests and legal requirements to develop an agreement that will benefit both parties, disclose all contract details to tenants, and ensure their understanding of clauses.
While there are numerous considerations, options and problems that affect both the landlord and tenant in this scenario, we'll focus on how we should make two critical edits to our example clause.
If a retailer adds a new product that conflicts with another tenant's product mix, the manager simply refers to the lease and educates the retailer on its important clauses.
Michael Schwartz, principal with consulting firm McGladrey LLP, audited nearly 6,000 retail leases the firm has worked on and found that co-tenancy and kick - out clauses for tenants of various sizes have become less prevalent in the strongest markets.
Unbeknownst to them, is the fact that standard insurance clauses exclude a lot of common scenarios, impose significant obligations on landlords and tenants and can cause financial hardship.
This clause is used with little regard for the tenant's investment into the premises, leasehold improvements or its dependency on the location for customer attraction.
This course module focuses specifically on parties in a transaction, the lease negotiation process, lease types and clauses, and tenant and landlord rights.
In the end, that clause is to make sure the tenant has a vested interest into the upkeep of the property and to eliminate many repair call on very minor items (changing lightbulbs comes to mind)
Because of their specialized knowledge, brokers are key negotiators during the leasing process, and as such, have the ability to encourage energy savings by helping landlords and tenants agree on green - lease clauses.
-- including a lien on the stock of a cooperative housing corporation (a «co-op»)-- no lender can enforce its due - on - sale clause due to any of the following prevalent circumstances: (1) The creation of a lien (or other encumbrance subordinate to the lender's security instrument) that does not relate to a transfer of rights of occupancy in the property; (2) The creation of a purchase money security interest for household appliances; (3) A transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) The granting of a leasehold interest of three years or less * not containing an option to purchase (5) A transfer to a relative resulting from the death of a borrower; (6) A transfer where the spouse or children of the borrower would become owners of the property; (7) A transfer resulting from a decree of dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property (8) A transfer of the borrower's property into an inter vivos trust in which the borrower is and remains a beneficiary and which [trust agreement] does not relate to a transfer of rights of occupancy in the property; or (9) Any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.
Also, leases have various clauses so perhaps his properties start on in working, liveable condition but the leases stipulate that all repairs to be made by tenant.
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