Common use of DELAY OF OCCUPANCY Clause in Contracts

DELAY OF OCCUPANCY. If occupancy is or will be delayed for construction, repairs, cleaning, or previous resident holding over, Landlord is not responsible for the delay, and the Lease Agreement will remain in force and Landlord shall have no liability but does have the sole option to delay the Lease Start Date. If this occurs, Landlord shall have the sole option to delay the Lease Start Date by up to five (5) days to allow for completion, in which case the rent shall not be abated. If occupancy is delayed further, Landlord shall have the sole option to delay the Lease Start Date by up to ten (10) days to allow for completion, in which case the rent herein shall be reduced by an amount equal to dividing the Total Rent Amount over the full term of the lease to determine a daily rent amount, then multiplying it by the number of days the Lease Start Date was delayed, and remaining rent is still due as normal. If occupancy is delayed for eleven (11) or more days the rent shall not be abated, provided Landlord shall supply substitute living accommodations (which may be a hotel room shared with up to one other roommate of the Unit, based on a monthly rate comparable to Bedroom monthly rate, availability, and other factors as dictated by the hotel, or a temporary Unit in another location) until possession of the permanent Unit is given. If Landlord provides alternative housing during any portion of this Lease Rent will remain due as normal. Landlord or its agents shall have sixty (60) days after the Lease Start Date in which to give possession of the Bedroom to Resident, and if possession is tendered within such time, Resident agrees to accept the Unit. In the event possession cannot be delivered within such sixty (60) day period, then Resident or Landlord will have the option to terminate this Lease Agreement, via written notice on a date reasonably determined by Landlord, and all rights and obligations thereunder shall terminate.

DELAY OF OCCUPANCY. If occupancy is or will be delayed for construction, repairs, cleaning, or previous resident holding over, Landlord is not responsible for the delay, and the Lease Agreement will remain in force and Landlord shall have no liability but does have the sole option to delay the Lease Start Date. If this occurs, Landlord shall have the sole option to delay the Lease Start Date by up to five (5) days to allow for completion, in which case the rent shall not be abated. If occupancy is delayed further, Landlord shall have the sole option to delay the Lease Start Date by up to ten (10) days to allow for completion, in which case the rent herein shall be reduced by an amount equal to dividing the Total Rent Amount over the full term of the lease to determine a daily rent amount, then First Rental installment by thirty (30) and multiplying it by the number of days the Lease Start Date was delayed, and remaining rent is still due as normal. If occupancy is delayed for eleven (11) or more days the rent shall not be abated, provided Landlord shall supply substitute living accommodations (which may be a hotel room shared with up comparable to one other roommate of the UnitBedroom, based on a monthly rate comparable to Bedroom monthly rate, availability, and other factors as dictated by the hotel, or a temporary Unit in another location) until possession of the permanent Unit is given. If In this scenario and upon request, Landlord provides alternative housing shall provide Resident with access to one (1) 10’x10’ climate-controlled storage space during any portion the period that Resident does not have possession of this Lease Rent will remain due as normalthe Unit. Landlord or its agents shall have sixty (60) days after the Lease Start Date in which to give possession of the Bedroom to Resident, and if possession is tendered within such time, Resident agrees to accept the Unit. In the event possession cannot be delivered within such sixty (60) day period, then Resident or Landlord will have the option to terminate this Lease Agreement, via written notice on a date reasonably determined by Landlord, Agreement and all rights and obligations thereunder shall terminateterminate upon conclusion of the sixty (60) day period from the Lease Start Date.