Common use of Personal Injury and Property Damage Clause in Contracts

Personal Injury and Property Damage. Xxxxxx has inspected the Property, understands that Landlord does not warrant the condition of the Property and understands that Landlord disclaims liability for any injuries except those unknown to claimant and willfully concealed by Landlord. If and when any damages, interruptions, or malfunctions occur, Tenant shall immediately deliver unto Landlord notice of them and, if reasonable, make an attempt to remedy them or, if Landlord deems the Property to be unfit for occupancy or decides to not repair or restore the Property, then this Lease shall automatically terminate and outstanding Rent shall be prorated to the date of the damage and any surplus paid shall be refunded. For the duration of the Lease Agreement, Tenant is required to maintain and provide the following minimum required insurance coverage: $100,000 Limit of Liability for Tenant’s legal liability for damage to the landlord’s property for no less than the following causes of loss: fire, smoke, explosion, backup or overflow of sewer, drain or sump, and water damage (“Required Insurance”). The insurance requirement of this Lease Agreement will be satisfied by Landlord, who will schedule the Tenant’s unit for coverage under the Landlord’s Required Resident Liability insurance policy (“LRRL”). The coverage provided under the LRRL will provide the Required Insurance coverage listed above. An amount equal to the total cost to the Landlord for the LRRL coverage shall be charged to Tenant by the Landlord. Some important points of this coverage, which Tenant should understand are: a) LRRL is designed to fulfill the insurance requirement of the Lease Agreement. Landlord is the Insured under the LRRL. Tenant is not the insured under the LRRL policy. b) The total cost to the Tenant for the LRRL coverage shall be nine dollars and fifty cents ($9.50) per month. c) LRRL coverage is not personal liability insurance or renters insurance. Landlord makes no representation that LRRL covers the Tenant’s additional living expenses or liability arising out of bodily injury or property damage to any third party. If Tenant requires any of these coverages, then Tenant should contact an insurance agent or insurance company of Tenant’s choice.

Appears in 4 contracts

Samples: Residential Lease Agreement, Residential Lease Agreement, Residential Lease Agreement

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Personal Injury and Property Damage. Xxxxxx Tenant has inspected the Property, understands that Landlord does not warrant the condition of the Property and understands that Landlord disclaims liability for any injuries except those unknown to claimant and willfully concealed by Landlord. If and when any damages, interruptions, or malfunctions occur, Tenant shall immediately deliver unto Landlord notice of them and, if reasonable, make an attempt to remedy them or, if Landlord deems the Property to be unfit for occupancy or decides to not repair or restore the Property, then this Lease shall automatically terminate and outstanding Rent shall be prorated to the date of the damage and any surplus paid shall be refunded. For the duration of the Lease Agreement, Tenant is required to maintain and provide the following minimum required insurance coverage: $100,000 Limit of Liability for Tenant’s legal liability for damage to the landlord’s property for no less than the following causes of loss: fire, smoke, explosion, backup or overflow of sewer, drain or sump, and water damage (“Required Insurance”). The insurance requirement of this Lease Agreement will be satisfied by Landlord, who will schedule the Tenant’s unit for coverage under the Landlord’s Required Resident Liability insurance policy (“LRRL”). The coverage provided under the LRRL will provide the Required Insurance coverage listed above. An amount equal to the total cost to the Landlord for the LRRL coverage shall be charged to Tenant by the Landlord. Some important points of this coverage, which Tenant should understand are: a) LRRL is designed to fulfill the insurance requirement of the Lease Agreement. Landlord is the Insured under the LRRL. Tenant is not the insured under the LRRL policy. b) The total cost to the Tenant for the LRRL coverage shall be nine dollars and fifty cents ($9.50) per month. c) LRRL coverage is not personal liability insurance or renters insurance. Landlord makes no representation that LRRL covers the Tenant’s additional living expenses or liability arising out of bodily injury or property damage to any third party. If Tenant requires any of these coverages, then Tenant should contact an insurance agent or insurance company of Tenant’s choice.. Tenant Initials: _ _

Appears in 1 contract

Samples: Residential Lease Agreement

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Personal Injury and Property Damage. Xxxxxx has inspected the Property, understands that Landlord does not warrant the condition of the Property and understands that Landlord disclaims liability for any injuries except those unknown to claimant and willfully concealed by Landlord. If and when any damages, interruptions, or malfunctions occur, Tenant shall immediately deliver unto Landlord notice of them and, if reasonable, make an attempt to remedy them or, if Landlord deems the Property to be unfit for occupancy or decides to not repair or restore the Property, then this Lease shall automatically terminate and outstanding Rent shall be prorated to the date of the damage and any surplus paid shall be refunded. For Tenant acknowledges that the duration Landlord does not carry insurance, nor is responsible, to cover the Tenant's personal property or personal liability. Tenant agrees to comply with the requirements of the Lease AgreementLandlord's present or future insurance carriers and not to permit anything to be done at or within the premises which shall cause cancellation of the Landlord's policy or increase in the current rate of insurance thereon. Tenant is responsible for any loss incurred by the Landlord due to Tenant neglect, misuse, abuse or accident caused by the Tenant. Xxxxxx also agrees that Xxxxxxxx is not responsible for loss of perishable goods should there be a mechanical failure of any appliance or equipment provided by the Landlord. Tenant is required to maintain and provide the following minimum required a renter's insurance coverage: $100,000 Limit policy at all times during occupancy. Property management company must be named as additional insured on renter’s insurance policy. Proof of Liability for Tenant’s legal such policy must be presented to Landlord prior to move-in. Failure to maintain personal liability for damage to the landlord’s property for no less than the following causes of loss: fire, smoke, explosion, backup or overflow of sewer, drain or sump, and water damage (“Required Insurance”). The insurance requirement is an incurable breach of this Lease Agreement will be satisfied and may result in termination of tenancy and eviction and/or any other remedies provided by Landlord, who will schedule the Tenant’s unit for coverage under the Landlord’s Required Resident Liability insurance policy (“LRRL”)this Lease Agreement or state statute. The coverage provided under the LRRL will provide the Required Insurance coverage listed above. An amount equal to the total cost to the Landlord for the LRRL coverage shall be charged to Tenant by the Landlord. Some important points of this coverage, which Tenant should understand are: a) LRRL is designed to fulfill the insurance requirement of the Lease Agreement. Landlord is the Insured under the LRRL. Tenant is not the insured under the LRRL policy. b) The total cost to the Tenant for the LRRL coverage shall be nine dollars and fifty cents ($9.50) per month. c) LRRL coverage is not personal liability insurance or renters insurance. Landlord makes no representation that LRRL covers the Tenant’s additional living expenses or liability arising out of bodily injury or property damage to any third party. If Tenant requires any of these coverages, then Tenant should contact an insurance agent or insurance company of Tenant’s choice.Initial Here

Appears in 1 contract

Samples: Residential Lease Agreement

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