Common use of Adjustments and Termination Clause in Contracts

Adjustments and Termination. The Contractor will periodically evaluate the Tenant’s program eligibility and ability to pay rent. The Contractor from time to time will make adjustments to the Tenant Rent and Rental Assistance Payments not to exceed the Contract Rent. The Owner/Landlord and the Tenant shall be given written notice by the Contractor of any adjustments or termination. Adjustments may include termination of assistance if the Tenant is determined to no longer be program eligible or if the Tenant’s income is deemed to be adequate to pay the Contract Rent. Termination of this agreement shall not constitute a breach of the lease between the Owner/Landlord and the Tenant. If the Tenant moves from the Contract Unit in violation of the lease, the Owner/Landlord is entitled to keep the Rental Assistance Payment only for the month in which the Tenant moves. Nothing in this agreement prevents the Owner/Landlord from enforcing the Lease with the Tenant. If the Owner/Landlord evicts the Tenant, the Owner/Landlord is entitled to receive the Rental Assistance Payment only for the months that the unit is occupied by the Tenant and the Tenant remains program eligible. The Owner/Landlord is required to give the Contractor a copy of any notice to the Tenant to vacate the unit, or any complaint used under State or local law to commence an eviction action. The Contractor can terminate this agreement if the Owner/Landlord fails to maintain the Contract Unit in a decent, safe and sanitary condition or materially violates the lease and fails to cure the breach within five (5) days of the written notice or for non-compliance with this agreement or for other good cause. The Contractor assumes no obligation for the Tenant Rent or payment of any claim by the Owner/Landlord against the Tenant. The termination of this agreement alone shall not be construed as good cause to terminate the Tenant’s lease. The Owner/Landlord may only terminate the Tenant’s lease in accordance with the lease terms and applicable law. Fair Housing Requirements Non-discrimination. Landlord will not, in the provision of services or in any other manner, discriminate against any person on the basis of race, color, national origin, religion, gender, disability, or familial status. The obligation of Landlord to comply with Fair Housing Requirements inures to the benefit of the United States of America, HUD, State of North Carolina, and the Contractor, any of which will be entitled to affect any of the remedies available by law to redress any breach or to compel compliance by Landlord.

Adjustments and Termination. The Contractor will periodically evaluate the Tenant’s program eligibility and ability to pay rent. The Contractor from time to time will make adjustments to the Tenant Rent and Rental Assistance Payments not to exceed the Contract Rent. The Owner/Landlord and the Tenant shall be given written notice by the Contractor of any adjustments or termination. Adjustments may include termination of assistance if the Tenant is determined to no longer be program eligible or if the Tenant’s income is deemed to be adequate to pay the Contract Rent. Termination of this agreement shall not constitute a breach of the lease between the Owner/Landlord and the Tenant. If the Tenant moves from the Contract Unit in violation of the lease, the Owner/Landlord is entitled to keep the Rental Assistance Payment only for the month in which the Tenant moves. Nothing in this agreement prevents the Owner/Landlord from enforcing the Lease with the Tenant. If the Owner/Landlord evicts the Tenant, the Owner/Landlord is entitled to receive the Rental Assistance Payment only for the months that the unit is occupied by the Tenant and the Tenant remains program eligible. The Owner/Landlord is required to give the Contractor a copy of any notice to the Tenant to vacate the unit, or any complaint used under State or local law to commence an eviction action. The Contractor can terminate this agreement if the Owner/Landlord fails to maintain the Contract Unit in a decent, safe and sanitary condition or materially violates the lease and fails to cure the breach within five (5) days of the written notice or for non-compliance with this agreement or for other good cause. The Contractor assumes no obligation for the Tenant Rent or payment of any claim by the Owner/Landlord against the Tenant. The termination of this agreement alone shall not be construed as good cause to terminate the Tenant’s lease. The Owner/Landlord may only terminate the Tenant’s lease in accordance with the lease terms and applicable law. Fair Housing Requirements Non-discrimination. Landlord will not, in the provision of services or in any other manner, discriminate against any person on the basis of race, color, national origin, religion, gender, disability, or familial status. The obligation of Landlord to comply with Fair Housing Requirements inures to the benefit of the United States of America, HUD, State of North Carolina, and the Contractor, any of which will be entitled to affect any of the remedies available by law to redress any breach or to compel compliance by Landlord.Requirements