Common use of FIRE OR CASUALTY DAMAGE Clause in Contracts

FIRE OR CASUALTY DAMAGE. If the dwelling unit or premises are damaged or destroyed by fire or other casualty to the extent that enjoyment of the dwelling unit is substantially impaired, Tenant may (i) immediately vacate the premises and notify Landlord within fourteen (14) days of Tenant's intention to terminate this Rental Agreement, in which case, this Rental Agreement shall terminate as of the date of vacating, or (ii) if continued occupancy is lawful, vacate only that part of the dwelling unit until rendered unusable by the fire or casualty, in which case, Tenant's liability for rent shall be reduced in proportion to the diminution in the fair rental value of the dwelling unit. If this Rental Agreement is terminated under the provisions of this paragraph, Landlord shall return to Tenant all prepaid rent and security recoverable under the Iowa Uniform Residential Landlord and Tenant Act. Accounting for rent in the event of termination or apportionment shall occur as of the date of the casualty.

Appears in 4 contracts

Samples: Dwelling Unit Rental Agreement, Dwelling Unit Rental Agreement, Dwelling Unit Rental Agreement

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FIRE OR CASUALTY DAMAGE. If the dwelling unit or premises are damaged or destroyed by fire or other casualty to the extent that enjoyment of the dwelling unit is substantially impaired, Tenant may (i) immediately vacate the premises and notify Landlord within fourteen (14) days of Tenant's intention to terminate this Rental Agreement, in which case, case this Rental Agreement shall terminate as of the date of vacating, or (ii) if continued occupancy is lawful, vacate only that part of the dwelling unit until rendered unusable by the fire or casualty, in which case, TenantXxxxxx's liability for rent shall be reduced in proportion to the diminution in the fair rental value of the dwelling unit. If this Rental Agreement is terminated under the provisions of this paragraph, Landlord shall return to Tenant all prepaid rent and security recoverable under the Iowa Uniform Residential Landlord and Tenant Act. Accounting for rent in the event of termination or apportionment shall occur as of the date of the casualty.

Appears in 4 contracts

Samples: Residential Lease, Residential Lease, Residential Lease

FIRE OR CASUALTY DAMAGE. If the dwelling unit or premises are Dwelling Unit is damaged or destroyed by fire or other casualty to the extent that enjoyment of the dwelling unit Dwelling Unit is substantially impaired, Tenant may (i) immediately may: a. Immediately vacate the premises Dwelling Unit and notify the Landlord within fourteen (14) days of Tenant's ’s intention to terminate this Rental Agreement, in which case, case this Rental Agreement shall terminate as of the date of vacating, or (ii) if or b. If continued occupancy is lawful, vacate only that part of the dwelling unit until Dwelling Unit rendered unusable by the fire or casualty, in which case, Tenant's ’s liability for rent shall be reduced in proportion to the diminution in the fair rental value of the dwelling unitDwelling Unit. If this Rental Agreement is terminated under the provisions provision of this paragraph, Landlord shall return to Tenant all prepaid rent and security recoverable under the Iowa Uniform Residential Landlord and Tenant ActAct if it were applicable. Accounting for rent in the event of termination or apportionment shall occur as of the date of the casualty.

Appears in 2 contracts

Samples: Rental Agreement, Institutional Rental Property Agreement

FIRE OR CASUALTY DAMAGE. If the dwelling unit or premises are Dwelling Unit is damaged or destroyed by fire or other casualty to the extent that enjoyment of the dwelling unit Dwelling Unit is substantially impaired, Tenant may (i) immediately may: a. Immediately vacate the premises Dwelling Unit and notify the Landlord within fourteen (14) days of Tenant's ’s intention to terminate this Rental Agreement, in which case, case this Rental Agreement shall terminate as of the date of vacating, or (ii) if or b. If continued occupancy is lawful, vacate only that part of the dwelling unit until Dwelling Unit rendered unusable by the fire or casualty, in which case, Tenant's ’s liability for rent shall be reduced in proportion to the diminution in the fair rental value of the dwelling unitDwelling Unit. If this Rental Agreement is terminated under the provisions provision of this paragraph, Landlord shall return to Tenant all prepaid rent and security which would be recoverable under the Iowa Uniform Residential Landlord and Tenant Act, if it were applicable. Accounting for rent in the event of termination or apportionment shall occur as of the date of the casualty.

Appears in 2 contracts

Samples: Rental Agreement, Institutional Rental Property Agreement

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FIRE OR CASUALTY DAMAGE. If the dwelling unit or premises are damaged or destroyed by fire or other casualty to the extent that enjoyment of the dwelling unit is substantially impaired, Tenant may (i) immediately vacate the premises and notify Landlord within fourteen (14) days of Tenant's intention to terminate this Rental Agreement, in which case, case this Rental Agreement shall terminate as of the date of vacating, or (ii) if continued occupancy is lawful, vacate only that part of the dwelling unit until rendered unusable by the fire or casualty, in which case, Tenant's liability for rent shall be reduced in proportion to the diminution in the fair rental value of the dwelling unit. If this Rental Agreement is terminated under the provisions of this paragraph, Landlord shall return to Tenant all prepaid rent and security recoverable under the Iowa Uniform Residential Landlord and Tenant Act. Accounting for rent in the event of termination or apportionment shall occur as of the date of the casualty.

Appears in 1 contract

Samples: Dwelling Unit Rental Agreement

FIRE OR CASUALTY DAMAGE. If the dwelling unit or premises are damaged or destroyed by fire or other casualty to the extent that enjoyment of the dwelling unit is substantially impaired, Tenant Tenants may (i) immediately vacate the premises and notify Landlord within fourteen (14) days of Tenant's Tenants intention to terminate this Rental Agreement, in which case, case this Rental Agreement shall terminate as of the date of vacating, or (ii) if continued occupancy is lawful, vacate only that part of the dwelling unit until rendered unusable by the fire or casualty, in which case, Tenant's Tenants liability for rent shall be reduced in proportion to the diminution in the fair rental value of the dwelling unit. If this Rental Agreement is terminated under the provisions of this paragraph, Landlord shall return to Tenant Tenants all prepaid rent and security recoverable under the Iowa Uniform Residential Landlord and Tenant Tenants Act. Accounting for rent in the event of termination or apportionment shall occur as of the date of the casualty.

Appears in 1 contract

Samples: Dwelling Unit Rental Agreement

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