Common use of CHANGES TO LEASE Clause in Contracts

CHANGES TO LEASE. a. LANDLORD may change a provision of this Lease after its commencement without the written consent of TENANT for the following types of adjustments, to be effective upon sixty (60) days= advance written notice to TENANT: (1) changes required by federal, state or local law, rule or regulation; and (2) changes in rules relating to the property which are required to protect the physical health, safety, or peaceful enjoyment of tenants and guests of the Development. b. LANDLORD may, with the prior approval of the Authority, make other changes to the terms and conditions of this Lease. Any changes other than those described in Section 20.a will become effective only at the end of the initial lease term or a successive term. LANDLORD must notify TENANT of any change and must offer TENANT a new Lease or an amendment to the existing Lease. TENANT must receive the notice at least sixty (60) days before the proposed effective date of the change. TENANT may accept the changed terms and conditions by signing the new Lease or the amendment to the existing Lease and returning it to LANDLORD. TENANT may, in the alternative, reject the changed terms and conditions by giving LANDLORD written notice that he or she intends to terminate the tenancy. TENANT must give such notice at least thirty (30) days before the proposed change will go into effect. If TENANT does not accept the changed terms and conditions, LANDLORD may terminate the Lease and require TENANT to move from the Development, as provided in Section 23. c. If requested by LANDLORD, TENANT agrees to sign a new lease with each recertification for the purpose of incorporating changes permitted by this Section or other lease changes approved by the Authority.

Appears in 6 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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