Common use of 562A Clause in Contracts

562A. Kansas For a term without defined (no defined (no grace period) No. 58-2545 (c) Kentucky For term (without grace period) No. 383,565 (2) Louisiana For term (without grace period) La. Civ. Code Article 2703 (1) Maine 15-Day Grace Period Chapter 710, No. 6028 (1) Maryland For a term (without grace period) 8-401 (a) Massachusetts 30-day grace period. Chapter 186, Section 15B(1) (c) Michigan For term (without grace period) No. 554.131 Minnesota Not defined No Mississippi Statute Not defined No Missouri Charter For Term (Without Grace Period) Rev. 535.060 Montana For term (without grace period) No. 00-00-000 (2) (c) Nebraska In term (without grace period) No 76-1414 (3) Nevada For term (3) without grace period) NRS 118A.210 (1) New Hampshire Not defined No Charter New Jersey 5 business day grace period 2A:42-6.1 (1) New Mexico In term (without grace period) No. 47-8-15 (B) New York City's 5-day Housing Stability and Tenant Protection Xxx 0000 North Carolina 4-Day Grace Period No. 42-46 (a) North Dakota Not defined No Ohio Statute Not defined No Charter Oklahoma For Term (No Grace Period) No. 41-109 (B Oregon) For a term lease, but 4-day grace period, before a late fee can be introduced ORS 90.220 (7) (a) , ORS 90.260 (a) Pennsylvania Not Defined No Charter of Rhode Island on due date (without grace period) - 34-18-15 (c) South Carolina In term (without grace period) - 00-00-000 (c) South Dakota Undetermined Tennessee Charter for lease term, but there is a 5-day grace period, Before the late fee can be introduced Xx. 00-00-000 (c), No. 00-00-000 (d) Texas Not defined by the Utah Charter Not defined by the Vermont Statute For term (without grace period) 9 V.S.A. No. 4455 Virginia On lease but there's a 5-day benefit 55.1-1-1204 (C) (4), 55.1-1204 (C) (5) Washington 5-day XX xxxxx period W 5W59.18.170 West Virginia Not defined No Wisconsin Statute Not defined by the Wyoming Statute Does not define any legislative late fees (maximum permissible) Late fees or the maximum amount a landlord can charge for late rent is not determined in most states. This does not mean that late fees are not allowed, rather, it suggests that the landlord can charge as much as you would like, as long as it is written in the lease agreement. The state's late rent (maximum permissible) Alabama laws do not define No Alaska Statutes Not defined by the Arizona Statute No maximum, although it must be listed in the lease. ARS 33-1368 (B) Arkansas Does not define No California Statute should be a fair assessment of the damage likely incurred by the landlord in the event of a delay payment. In addition, the late fee must be recorded in the lease. Xxxxxx vs.

Appears in 3 contracts

Samples: Residential Lease Agreement, Apartment Rental Agreement, Property Lease Agreement

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562A. Kansas For a term without Not defined (no No Kentucky Charter No defined (no grace period) No. 58-2545 (c) Kentucky For term (without grace period) No. 383,565 (2) No Louisiana For term (without grace period) La. Civ. Code Article 2703 (1) Charter No defined by Maine 15-Day Grace Period Chapter charter 4% of the monthly rent amount chapter 710, No. 6028 (12) Maryland For a term (without grace period) 5% of the monthly rent amount of the Md. Code, Real. Prop. No. 8-401 208 (d) (3) Massachusetts Not defined No Michigan Charter No defined Minnesota Charter 8% of monthly rent amount 504B.177 (a) Massachusetts 30-day grace period. Chapter 186, Section 15B(1) (c) Michigan For term (without grace period) No. 554.131 Minnesota Mississippi Not defined by the Missouri Charter Not defined no statute of Montana Not defined No Mississippi Statute Not statute of Nebraska not defined Defined No Charter Nevada 5% of the monthly rent amount of NRS 118A.210 (4)a) New Hampshire No defined No Missouri New Jersey Charter For Term (Without Grace Period) Rev. 535.060 Montana For term (without grace period) Nooutside Jersey City - Not Defined by Jersey City Only - $35 No Xxxxxxxx Xxx. 00-00-000 (2) (c) Nebraska In term (without grace period) No 76-1414 (3) Nevada For term (3) without grace period) NRS 118A.210 (1) New Hampshire Not defined No Charter New Jersey 5 business day grace period 2A:42-6.1 (1) New Mexico In term (without grace period) No. Xxx Xxxxxx 10% of monthly rent 47-8-15 (B) New York City's $50 or 5-day Housing Stability % of monthly rent, depending on whether there is less housing stability and Tenant Protection Xxx 0000 tenant protection act 2019 North Carolina 4-Day Grace Period No$15 or 5% of the monthly rent, whichever is more. 42-46 (a) (1) North Dakota Not defined Defined No Ohio Statute Not defined Defined by Oklahoma Charter Not Defined No Charter Oklahoma For Term (No Grace Period) No. 41-109 (B Oregon) For a term lease, but 4Oregon 5% of the monthly rent amount charged once for each subsequent 5-day grace period, before a late fee can be introduced ORS 90.220 period orS 90.260 (72) (a) , ORS 90.260 (ac) Pennsylvania Not Defined No defined Any Charter of Rhode Island on due date (without grace period) - 34-18-15 (c) Not defined by the Charter of South Carolina In term (without grace period) - 00-00-000 (c) South Dakota Undetermined Not defined by the Tennessee Charter for lease term, but there is a 5-day grace period, Before 10% of the late fee can be introduced Xx. 00-00-000 (c), monthly rent amount No. 00-00-000 (d) Texas Sec. 92.019 (1) Utah Not defined No Vermont Charter No defined No Virginia Charter 10% of monthly rent amount No. 55.1-1204 (E) Washington Did not define the Charter of West Virginia Not defined by the Utah Charter Wisconsin statute Not defined by the Vermont No Wyoming Statute For term (without grace period) 9 V.S.A. No. 4455 Virginia On lease but there's a 5-day benefit 55.1-1-1204 (C) (4), 55.1-1204 (C) (5) Washington 5-day XX xxxxx period W 5W59.18.170 West Virginia Not defined No Wisconsin Statute Not not defined by the Wyoming Statute Does terms of the lease statute (Glossary) from A to I, use a glossary to know the specific terms of the lease. When writing a lease, it is best to have basic elements such as rent and lease term that will be pre-agreed between the parties to avoid being able to rewrite the document. The main themes of the lease are the following (alphabetical) changes - Most landlords do not define allow changes in the property. And if the changes are completed by the tenant that they must be returned back to their original status at the beginning of the lease. For example - If the tenant decides to paint the apartment red and the original color was white, usually the landlord will ask the tenant to simply pay for the property to be repainted. Appliances - The landlord must describe all the appliances in the area before moving to such as microwave, washer/dryer, etc. Conditions (Additional) - If there are any legislative late fees other items that have not been mentioned, then they should be listed finally and up to the signature area. Oral Agreements - Oral agreements are not enforced in court. The landlord and tenant must have all the agreed elements listed in the contract. Furniture - If the property has been furnished by the tenant moving in, all items must be listed, such as sofas, beds, chairs, tables, musical instruments, and any other valuable items. This should ensure that when moving that tenant is not exempt with the landlord's property. Water beds - Due to the effects of fluid-filled furniture over the years it is recommended that the landlord bar this type of furniture on site. Water damage can be very costly, and if enough is leaked, mold can quickly grow under the carpet under the right conditions. Management Act - Rent is regulated by the state on a state basis. It is always recommended to review the laws in your municipality, but most requirements and/or disclosures will be required at the state level. Guests - The maximum number of people that a tenant is entitled to have on the property should be included so as not to encourage standing parties or loud neighbors. Maximum time period - Landlord may also maximum terms of how long guests can stay on the property. House rules - Mainly for situation, if there are any house rules such as cleaning time, common areas, quiet time, or any other rules, it should be listed. Insurance (maximum permissibleBond) - Landlord is recommended, and required in some states, to disclose the type and amount of insurance covered on behalf of the tenant. Late fees or - Electing to have a late fee is the maximum amount way landlords try to punish the tenant for not paying the rent in a timely manner. Some states have limits on how much a landlord can charge, but it is always recommended to have a fee. Grace Period - Some states have a grace period allowing a tenant a few days to pay after rent due. During this period, the landlord is not entitled to charge for late rent is not determined in most stateslateness. This does not mean that late fees are not allowedService - In some situations such as renting a single-seeded home, rather, it suggests that the landlord can charge or tenant may be required to carry out timely maintenance of the property such as much as you would likelawn care, as long as it is written plowing of snow/spades, etc. Monthly rent - usually paid in the first (1st) month. Payment - Perhaps the most popular item declared in the lease agreement. The state's late rent (maximum permissible) Alabama laws do not define No Alaska Statutes Not defined by the Arizona Statute No maximum, although it must be listed in the lease. ARS 33-1368 (B) Arkansas Does not define No California Statute should be a fair assessment of the damage likely incurred by the landlord in the event of a delay payment. In addition, the late fee must be recorded in the lease. Xxxxxx vs..

Appears in 2 contracts

Samples: Apartment Rental Agreement, Residential Lease Agreement

562A. Kansas For a term without defined On the expiration date (no defined grace period) No.58-2545(c) Kentucky On the due date (no grace period) No. 58-2545 383,565(2) Louisiana On the expiration date (cno grace period) Kentucky For term La. Code of the Code of the Code of the Code 2703(1) Maine Grace Period of 15 days Chapter 710, No. 6028(1) Maryland On the expiration date (without no grace period) No. 383,565 (2) Louisiana For term (without grace period) La. Civ. Code Article 2703 (1) Maine 15-Day Grace Period Chapter 710, No. 6028 (1) Maryland For a term (without grace period) 8-401 (a401(a) Massachusetts 30-day grace periodDay Grace Period. Chapter 186, Section 15B(1) (c15B(1)(c) Michigan For term On the due date (without no grace period) No. 554.131 Minnesota Not defined Undefined No Mississippi Statute Not defined Defined There is No Missouri Charter For Term Status On the expiration date (Without Grace Periodno grace period) Rev. 535.060 Montana For term On the due date (without no grace period) No. 0070-0024-000 (2) (c201(2)(c) Nebraska In term On the due date (without no grace period) No No. 76-1414 (31414(3) Nevada For term On the expiration date (3) without no grace period) NRS 118A.210 (1118A.210(1) New Hampshire Not defined No Charter Status No New Jersey Statute 5 business day grace period Business Grace Period) NRS . 2A:42-6.1 (16.1(1) New Mexico In term On the expiration date (without no grace period) No. 47-8-15 (B15(B) New York City's 5-day Grace Period of 5 Days Stability Act Housing Stability and Tenant Protection Xxx 0000 2019 North Carolina 4-Day Grace Period No. 42-46 (a46(a) North Dakota Not defined Undefined No Ohio Statute Status Not defined Defined No Charter Oklahoma For Term Status On expiration date (No Grace Period) No. no 41-109 (B Oregon109(B) For a term Oregon On the expiration date on the lease, but 4-day there is a grace period, period of 4 days before a late fee can be introduced imposed - ORS 90.220 (7) (a) 90.220(7)(a), ORS 90.260 (a90.260(1)(a) Pennsylvania Not Defined Undefined No Charter of Rhode Island on due statute is defined date (without no grace period) - s. 34-18-15 (c15(c) South Carolina In term On the due date (without no grace period) - 00No. 27-0040-000 (c310(c) South Dakota Undetermined No. Defined No Tennessee Charter for lease termlaw is defined On the expiration date in the lease, but there is a 5-day grace period, Before period of 5 days before an undefined Texas Undefined Fee may be imposed No Utah Undefined Status There is No Vermont Law In the late fee can be introduced Xx. 00-00-000 date (c), No. 00-00-000 (d) Texas Not defined by the Utah Charter Not defined by the Vermont Statute For term (without no grace period) 9 V.S.A. No. 4455 Virginia On lease 0000 Xxxxxxxx Xx the expiration date of the lease, but there's there is a 5-day benefit grace period of 5 days before a 55.1-1-1204 (C) (41204(C)(4), 55.1-1204 (C1204(C)(5) (5) Washington 5-day XX Xxxxx xxxxx fee can be imposed in Washington period W 5W59.18.170 RCW 59.18.170 West Virginia Not defined Undefined No Wisconsin Statute Not defined by the Defined There is No Wyoming Statute Does not define any legislative late fees Not Defined No Late Fees by Law (maximum permissibleMaximum Allowed) Late fees Fees or the maximum amount Amount a landlord can charge Landlord May Charge for late rent Late Rental is not determined defined in most statesStates. This does not mean that late fees are not allowed, rather, it suggests that the landlord can is able to charge as much as you would likedesired, as long as it is written in the lease agreement. The state's late rent (maximum permissible) Alabama laws do not define No Alaska Statutes Not defined by the Arizona Statute No maximum, although it must be listed in the lease. ARS 33-1368 (B) Arkansas Does not define No California Statute should be a fair assessment of the damage likely incurred by the landlord in the event of a delay payment. In addition, the late fee must be recorded in the lease. Xxxxxx vs..

Appears in 1 contract

Samples: Residential Lease Agreement

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562A. Kansas For a term without defined (no defined (no grace period) No. 58-2545 (c) Kentucky For term (without grace period) No. 383,565 (2) Louisiana For term (without grace period) La. Civ. Code Article 2703 (1) Maine 15-Day Grace Period Chapter 710, No. 6028 (1) Maryland For a term (without grace period) 8-401 (a) Massachusetts 30-day grace period. Chapter 186, Section 15B(1) (c) Michigan For term (without grace period) No. 554.131 Minnesota Not No defined No Mississippi Statute Not defined No Missouri Charter For Term (Without Grace Period) Rev. 535.060 Montana For term (without grace period) No. 00-00-000 (2) (c) Nebraska In term (without grace period) No 76-1414 (3) Nevada For term (3) without grace period) NRS 118A.210 (1) New Hampshire Not defined No Charter New Jersey 5 business day grace period 2A:42-6.1 (1) New Mexico In term (without grace period) No. 47-8-15 (B) New York City's 5-day Housing Stability and Tenant Protection Xxx 0000 North Carolina 4-Day Grace Period No. 42-46 (a) North Dakota Not defined No Ohio Statute Not defined No Charter Oklahoma For Term (No Grace Period) No. 41-109 (B Oregon) For a term leaselifetime of rent, but 4-day grace period, before a late fee can be introduced ORS 90.220 (7) (a) , ORS 90.260 (a) Pennsylvania Not Defined No Charter of Rhode Island on due date (without grace period) - 34-18-15 (c) South Carolina In term (without grace period) - No. 00-00-000 (c) South Dakota Undetermined Tennessee Charter for lease termterm lease, but there is a 5-day grace period, Before the late fee can be introduced Xx. 00-00-000 (c), No. 00-00-000 (d) Texas Not defined by the Utah statute not defined No Vermont Charter Not defined by the Vermont Statute For term (without grace period) 9 V.S.A. No. 4455 Virginia On 0000 Xxxxxxxx Xx term lease but there's there is a 5-day benefit grace period, Before the late fee can be introduced 55.1-1-1204 (C) (C) (4)) , 55.1-1204 (C) (5) Washington 5-day XX xxxxx grace period W 5W59.18.170 RCW 59.18.170 West Virginia Not defined No Wisconsin Statute Not charter is not defined by the Wyoming Statute Does not define any legislative late fees Fees (maximum permissible) Late fees Fees or the maximum amount a landlord can charge for a late rent is not determined in by most states. This does not mean that late fees are not allowed, but rather, it suggests that the landlord can charge may as much as you would like, desired as long as it is written in the lease agreementlease. The state's late rent (maximum permissible) Alabama laws do not define No Alaska Statutes Not defined by the Arizona Statute No maximum, although it must be listed in the lease. ARS 33-1368 (B) Arkansas Does not define No California Statute should be a fair assessment of the damage likely incurred by the landlord in the event of a delay payment. In addition, the late fee must be recorded in the lease. Xxxxxx vs.

Appears in 1 contract

Samples: Rental Agreement

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