Common use of Partial Damage Clause in Contracts

Partial Damage. State whether or not the landlord or tenant is responsible for repairs in the event of partial damage due to fire or another disaster. Also, specify the number of days after receiving insurance payments; if fire insurance proceeds are not enough to repair the premises, the landlord has to end the lease. Step 18 – Enter Eminent Domain Details 37. Condemnation of Demised Premises. State the percentage of the property or common area that must be taken if a part of the property is subject to eminent domain for the landlord to end the lease early. Additionally, specify the number of days after the receipt of the compensation; in the event, the landlord is insufficiently compensated, the landlord has to end the lease early. Step 19 – Fill in Default Information 38. Rights in the Event of Default of Tenant. Specify the number of days after receipt of the landlord’s written notice the tenant has to pay rent or fix a problem. 39.

Appears in 6 contracts

Samples: Commercial Lease Agreement, Business Lease Agreement, Shop Rent Agreement

AutoNDA by SimpleDocs

Partial Damage. State whether or not the landlord or tenant is responsible for repairs in the event of partial damage due to fire or another disaster. Also, specify the number of days after receiving insurance payments; if fire insurance proceeds are not enough to repair the premises, the landlord has to end the lease. Step 18 – Enter Eminent Domain Details 37. Condemnation of Demised Premises. State the percentage of the property or common area that must be taken if a part of the property is subject to eminent domain for the landlord to end the lease early. Additionally, specify the number of days after the receipt of the compensation; in the event, the landlord is insufficiently compensated, the landlord has to end the lease early. Step 19 – Fill in Default Information 38. Rights in the Event of Default of Tenant. Specify the number of days after receipt of the landlord’s written notice the tenant has to pay rent or fix a problem. 39.

Appears in 4 contracts

Samples: Lease Agreement, Shop Rent Agreement, Commercial Rental Agreement

Partial Damage. State whether or not the landlord or tenant is responsible for repairs in the event of partial damage due to fire or another disaster. Also, specify the number of days after receiving insurance payments; if , in the event fire insurance proceeds are not enough to repair the premises, the landlord has to end the lease. Step 18 17 – Enter Eminent Domain Details 37. Condemnation of Demised Premises. State the percentage of the property or common area that must be taken if taken, in the event a part of the property is subject to eminent domain domain, for the landlord to end the lease early. Additionally, specify the number of days after the receipt of the compensation; , in the event, event the landlord is insufficiently compensated, the landlord has to end the lease early. Step 19 18 – Fill in Default Information 38. Rights in the Event of Default of Tenant. Specify the number of days after receipt of the landlord’s written notice the tenant has to pay rent or fix a problem. 39.

Appears in 1 contract

Samples: Lease Agreement

AutoNDA by SimpleDocs

Partial Damage. State whether or not the landlord or tenant is responsible for repairs in the event of partial damage due to fire or another disaster. Also, specify the number of days after receiving insurance payments; if , in the event fire insurance proceeds are not enough to repair the premises, the landlord has to end the lease. Step 18 – Enter Eminent Domain Details 37. Condemnation of Demised Premises. State the percentage of the property or common area that must be taken if taken, in the event a part of the property is subject to eminent domain domain, for the landlord to end the lease early. Additionally, specify the number of days after the receipt of the compensation; , in the event, event the landlord is insufficiently compensated, the landlord has to end the lease early. Step 19 – Fill in Default Information 38. Rights in the Event of Default of Tenant. Specify the number of days after receipt of the landlord’s written notice the tenant has to pay rent or fix a problem. 39.

Appears in 1 contract

Samples: Residential Lease Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!