Common use of Penalties for Submitting False Information Clause in Contracts

Penalties for Submitting False Information. Knowingly giving LANDLORD false information regarding TENANT's income, the income of other household members or other factors considered in determining TENANT's eligibility and the Tenant Rent for the dwelling unit is material noncompliance with this Lease and constitutes grounds for termination of tenancy. In addition, TENANT may become subject to penalties available under Federal law, which include fines up to $10,000 and imprisonment for up to five years. Additionally, LANDLORD may initiate proceedings to invoke any applicable statutory penalty for false or incorrect statements.

Appears in 6 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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