RENTAL PROPERTY Sample Clauses

RENTAL PROPERTY. If The Property is rented now or if it shall be rented at any time during the term of this listing, Seller shall supply a copy of rental agreement to Broker and disclose the existence and terms of any oral rental agreements. Seller agrees that once a binding Buy &and Sell Agreement is executed: A. None of the tenants occupying The Property shall be entitled to any concessions, rebates, allowances or free rent for any period after the closing date. B. Seller will not enter into any agreement pertaining to The Property or any modification of, or release from, an existing lease or rental agreement, without the prior written consent of the Buyer. C. Seller shall provide copies of all leases and security deposit information to Buyer or Selling Broker within three days of the last dated acceptance of the Buy &and Sell Agreement. D. Seller shall notify Buyer or Selling Broker in writing of the possession rights of any person or entity, including, but not limited to, tenants. If Seller does not provide such notice and copies within such three days, Seller warrants that no other person or entity has possession rights.
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RENTAL PROPERTY. The term “Rental Property” means the real property owned by Residential which is active in Residential’s rental property program, indicated by an active status in the Propertyware system.
RENTAL PROPERTY. If subject property is or will be rental property, Purchaser(s) is/are responsible to investigate and understand any housing codes that may apply, including the possibility of rental inspections.
RENTAL PROPERTY. In the event that the consumer has entered into or hereafter enters into an agreement whereby the Consumer’s land to which natural is supplied is rented to a third party, the Consumer shall be liable to the Co-op for all rates, charges and other costs (including interest thereon) charged hereunder notwithstanding that the third party has entered into a customer contract with the Co-op and notwithstanding that the invoice for natural gas and the operating charge is addressed to such third party.
RENTAL PROPERTY. Chapter 67 of the Texas Water Code addresses the law of WSC memberships. That chapter states that a WSC may make property ownership a condition for service. KWSC does have this requirement, therefore the owner will be held ultimately responsible for any water bills assigned to or generated by the meter on their property. (If the WSC does not tie membership and financial responsibility to the owner, the WSC could have more bad debt to write off since renters are more likely to move at night and on weekends and fail to inform the WSC that they are doing so.)
RENTAL PROPERTY. The Agent agrees to rent to Tenant the Property described as:
RENTAL PROPERTY. 1. The Landlord leases to the Tenant and the latter leases from the former the part of the 3rd upper floor that is marked in red in the contract plans (Attachment ./3) of the building 1030 Vienna, Xxxxxx Xxxxxxxxxx Gasse 2, being constructed on the property EZ 4359 Land Register 00000 Xxxxxxxxxx, Xxxxxxxx Xxxxx Xxxxx Xxxx Xxxxxx, xxxx a dimension of ca. 698.10 m2, a storage bay on the 2nd basement level with a dimension of ca. 25 m2, and five garage parking spaces on the 1st basement level allocated by the Landlord (referred to together in the following as rental property). 2. The stated dimensions are preliminary; the actual dimension, upon which the final calculation of the rent will be based, will be determined from the as-completed drawings submitted to the building authority after completion of the rental property. 3. The obligations of the Landlord concerning the construction of the rental property while taking into account the official regulations applicable at the time of the building permit are finalized in the attached contract plans (Attachment ./3), which constitute an integral component of the Lease Agreement, or in the building and interior description (Attachment ./4), whereby fitments and/or systems, equipment and devices possibly included in Attachment ./3 - that are not also expressly named in the building and interior description (Attachment ./4) - have a purely illustrative character and do not create an obligation for the Landlord to provide the same. All changes or adaptations, systems, equipment and devices S01 - Lease Agreement Arsanis 101020 needed for the operation of the rental property shall be performed or procured by the Tenant. The Landlord does, however, guarantee that the rental property is suitable from a structural perspective for obtaining an operational plant permit for operating a biotechnology laboratory. 4. The Landlord reserves the right to change or deviate from the aforementioned Attachments ./2 to ./4, if the change or deviation is minor, represents only a slight disadvantage for the Tenant and is objectively justified, such as in particular • changes or deviations based on legal or official regulations, orders or requirements, • changes or deviations based on static or technical requirements or structural necessity, • changes or deviations based on the selection of equivalent or higher quality materials, equipment, devices and the like as a result of lack of availability, technical incompatibility and the like. ...
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RENTAL PROPERTY. 1.1 Zhaobangji Plaza is located at 000 Xxxxx Xxxx, Xxxxxx Xxxxxxxx, Xxxxxxxx (the address stated in its certificate of title is: at the southwest corner of the intersection of Caitian Road and Fuhua Road, hereinafter referred to as the “Building”). The Building is a hotel with a frame structure and a total of 30 floors. The owner of the Building is: Xxxxxxxx Xxxxxxxxxx Group Co., Ltd. The Building’s name stated in its certificate of title is: Zhaobangji Plaza, and the certificate of title number is: Document No. SFD-3000796711. Through negotiations on an equal footing, Party A agrees to lease the Rooms 2405 and 2406 on the 24th floor of the Building (hereinafter referred to as the “Property”) to Party B for use. 1.2 Because the Property does not have an independent real estate certificate, both Parties have conducted on-site surveys and clarified the specific location and demarcation of the Property before concluding the Lease Agreement and the Agreement. Party B confirms that the construction area of the Property is 530.06 square meters, and that this building area shall be used as the basis for the calculation and payment of the rent and the property management Fee (“PM Fee”). During the lease term, neither Party shall request an increase or decrease in the rent and the PM Fee based on any error in the construction area of the Property, nor shall it claim any liability for breach of contract against the other Party on this ground. 1.3 Party B hereby recognizes that the floor and unit numbering of the Building is not fully based on the number sequence, and the specific numbering method is at the discretion of Party A. 1.4 Party B hereby confirms that during the Term, Party A has the right to change the name of the Building or the name of any part of the Building at any time at its own discretion, but Party A shall notify Party B of such changes in writing after the new name has been approved by relevant government agencies. Party A is not responsible for any compensation or reimbursement to Party B for any change in the name of the Building or in the name of any part of the Building. 1.5 The existing decoration, auxiliary facilities and equipment conditions of the Property are listed in the Annexes (I) and (II) of the Agreement. Both Parties agree that the said annexes shall be used as the basis for acceptance when the Property is delivered by Party A to Party B and when the Property is returned by Party B to Party A upon the termination of the Lease Agre...
RENTAL PROPERTY. 1.1. The Landlord is the owner of property EZ 4359; xxxx xxxxxxxx 00000 Xxxxxxxxxx, Xxxxxxxx Xxxxx Xxxxxx Xxxxx Xxxxxx with the address 0000 Xxxxxx, Xxxxxx-Xxxxxxxxxx-Xxxxx 2. To be rented as part of this Rental Agreement is the D.23 top office including the terrace D.24, which is located on the 2nd top floor of this property. The Landlord shall rent out to the Tenant and the Tenant shall rent from the Landlord the aforementioned Rental Property with a useful area of 131.25 m2 for the D.23 top office and 131.17 m2 for the D.24 terrace in accordance with the attached floor plan, Appendix 1, which forms an integral part of this Agreement. The useful area of this Rental Agreement is the total floor area of the Rental Property (without deduction of partition walls). The usable area does not include load-bearing walls, columns and general building services shafts or staircase areas. Any designs or modifications of the Rental Property that go beyond the construction and facilities description or deviates from it can only be carried out at the expense of the Tenant and only with the prior written consent of the Landlord, which the Landlord will not unreasonably refuse (cf. clause 9.). 1.2. Only the interior of the Rental Property shall be rented, not its exterior area or other parts of the building, attic, cellar, courtyard, or entrance, etc. 1.3. The Tenant is entitled and obligated to participate in the following building facilities, which serve the common use of the tenants, and assumes the pro rata costs for their operation in accordance with clause 4 of this Agreement: passenger elevator, central heating, central ventilation and cooling system 1.4. The Tenant has the option of affixing company logos and inscriptions at its own expense. The affixing of such company inscriptions and logos must take place after prior consultation with and in agreement with the Property Manager and/or with technical management. Before such work is carried out, any necessary official permits must be obtained and any planned work must be approved by the Landlord with regard to both form and technical execution; this shall also apply with regard to the necessary technical precautions. 1.5. The Rental Property is located in a building that was newly constructed by the Landlord without the aid of public funds on the basis of the building permit issued on 01/12/2001. Pursuant to Sec. 1(4) of the Tenancy Law (MRG), the tenancy is subject only to Sec. 14, 16b, 29 to 36, 45, 46 and 49 bu...
RENTAL PROPERTY. 3.1 The Lessor lets to the Lessee floor space/sections in the building “Im Neuenheimer Xxxx 583 and 584” as marked in colours in the attached plans (Appendix 1a). The separate elements are: INF 583, 1st floor, right, storeroom 1.214 INF 584, basement, compressor room INF 584, ground floor, right INF 584, 2nd floor, left Jan. 30, 2013 09:14 Page 5 of 21 of the Rental Agreement The spaces are designated on the plans in accordance with the plans valid at the time the drawings were made. The present, actual use may differ. The plans do not constitute a guaranteed characteristic. Moreover the Lessor lets to the Lessee those spaces and sections of the building which the Lessor makes available to several or all of the tenants for their common use, such as e.g. entrance areas, lobby, elevator shafts, elevator lobbies, and staircases. The rental area is the net internal area (NGF) in accordance with DIN 277 standard, meaning the main and ancillary usable areas, the circulation and functional areas that are reserved exclusively for the Lessee’s use and the measured area of movable walls and a pro rata share of the circulation, function and usable areas that are in common use. The area taken up by service shafts is not included in the rental area. The communal area is agreed as a flat rate equivalent to 6% of the total of the areas let to individual users. To account for the pro rata share of the communal areas, therefore, the figure for the total rental area which the Lessee has the exclusive right to use is increased by 6%. 3.2 The fit-out of the rental property consists of the basic fit-out of the building plus, where appropriate, special structural features (see Appendix 1b) and the tenant’s additional fixtures and fittings. 3.3 Prior to commencing any alteration work the Lessee is required to apply to the Lessor for permission. Not all of the laboratory areas and offices in the building have air- conditioning, so that they can become over-heated on very hot days. This does not constitute a defect in the rental property. The Lessee is obliged to rectify the situation himself if necessary, e.g. with appropriate ventilation. 3.4 For the end-of-tenancy treatment of fixtures that the Lessee has built into the premises see para. 12.
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