Common use of Owner’s Right to Terminate Clause in Contracts

Owner’s Right to Terminate. If Owner believes performance of repairs to Unit, and/or areas near the Unit poses a danger to Resident, Owner may terminate this Lease by giving Resident written notice five (5) days in advance of the date the Lease is terminated. Owner also has the right to terminate this Lease during the Lease term by providing Resident with written notice thirty (30) days in advance of the termination if Owner is demolishing the Unit or closing it and it will no longer be used for residential purposes for at least six (6) months. If the Lease is so terminated, Owner will refund to Resident prorated rent and all deposits, less all lawful deductions. Owner may also remove Resident’s personal property from the Unit if it causes a health or safety hazard.

Appears in 3 contracts

Samples: Resident Lease Agreement, Resident Lease Agreement, Resident Lease Agreement

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Owner’s Right to Terminate. If Owner believes performance of repairs to Unit, and/or areas near the Unit poses a danger to Resident, Owner may terminate this Lease by giving Resident written notice five (5) days in advance of the date the Lease is terminated. The parties hereby agree that Owner also has the right to terminate this Lease during the Lease term by providing Resident with written notice thirty (30) days in advance of the termination if Owner is demolishing the Unit or closing it and it will no longer be used for residential purposes for at least six (6) months. If the Lease is so terminated, Owner will refund to Resident prorated rent and all deposits, less all lawful deductions. Owner may may, if otherwise permitted by law, also remove Resident’s personal property from the Unit if it causes a health or safety hazard or imminent threat of hazard.

Appears in 1 contract

Samples: Resident Lease Agreement

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