Common use of Required Notice of Termination Clause in Contracts

Required Notice of Termination. Unless the lease is terminated for cause, a lessor must give notice to a lessee of the intent to terminate the lease at least one year prior to the effective date of the termination. All terms of the lease remain in effect following the notice, except that: A. Termination provisions of the lease to the extent inconsistent with this section are void, beginning on the date the notice is provided; [PL 2003, c. 510, Pt. A, §12 (RPR).] B. The lessee may terminate the lease earlier than the effective date provided in the notice; and [PL 2003, c. 510, Pt. A, §12 (RPR).] C. If the lessee violates the lease during the period between the giving of the notice and the termination date provided in the notice, this section no longer applies and the lessee has only the rights provided in the lease. [PL 2003, c. 510, Pt. A, §12 (RPR).] For purposes of this subsection, "cause" means violation by a lessee of a term of a lease. Generated 11.18.2021 Chapter 710-D. BUILDINGS ON LEASED LOTS | 1 [PL 2003, c. 510, Pt. A, §12 (RPR).] SECTION HISTORY PL 2001, c. 612, §1 (NEW). PL 2001, c. 653, §1 (NEW). PL 2003, c. 510, §A12 (RPR). A lessee of premises on which a structure owned by the lessee exists has the right of first refusal with regard to the leased premises if the lessor intends to sell or to offer to sell the leased premises as a separate parcel. Each lease subject to this chapter must make provision for a method of determining the sale price of the leased premises upon exercise of the right provided in this section. The lessor must give the lessee at least 90 days to accept the offer to purchase the lot. [PL 2003, c. 510, Pt. A, §12 (NEW).] SECTION HISTORY PL 2003, c. 510, §A12 (NEW). The State of Maine claims a copyright in its codified statutes. If you intend to republish this material, we require that you include the following disclaimer in your publication: The Office of the Revisor of Statutes also requests that you send us one copy of any statutory publication you may produce. Our goal is not to restrict publishing activity, but to keep track of who is publishing what, to identify any needless duplication and to preserve the State's copyright rights.

Required Notice of Termination. Unless the lease is terminated for cause, a lessor must give notice to a lessee of the intent to terminate the lease at least one year prior to the effective date of the termination. All terms of the lease remain in effect following the notice, except that: A. Termination provisions of the lease to the extent inconsistent with this section are void, beginning on the date the notice is provided; [PL 2003, c. 510, Pt. A, §12 (RPR).] B. The lessee may terminate the lease earlier than the effective date provided in the notice; and [PL 2003, c. 510, Pt. A, §12 (RPR).] C. If the lessee violates the lease during the period between the giving of the notice and the termination date provided in the notice, this section no longer applies and the lessee has only the rights provided in the lease. [PL 2003, c. 510, Pt. A, §12 (RPR).] For purposes of this subsection, "cause" means violation by a lessee of a term of a lease. Generated 11.18.2021 10.30.2023 Chapter 710-D. BUILDINGS ON LEASED LOTS | 1 [PL 2003, c. 510, Pt. A, §12 (RPR).] SECTION HISTORY PL 2001, c. 612, §1 (NEW). PL 2001, c. 653, §1 (NEW). PL 2003, c. 510, §A12 (RPR). A lessee of premises on which a structure owned by the lessee exists has the right of first refusal with regard to the leased premises if the lessor intends to sell or to offer to sell the leased premises as a separate parcel. Each lease subject to this chapter must make provision for a method of determining the sale price of the leased premises upon exercise of the right provided in this section. The lessor must give the lessee at least 90 days to accept the offer to purchase the lot. [PL 2003, c. 510, Pt. A, §12 (NEW).] SECTION HISTORY PL 2003, c. 510, §A12 (NEW). The State of Maine claims a copyright in its codified statutes. If you intend to republish this material, we require that you include the following disclaimer in your publication: The Office of the Revisor of Statutes also requests that you send us one copy of any statutory publication you may produce. Our goal is not to restrict publishing activity, but to keep track of who is publishing what, to identify any needless duplication and to preserve the State's copyright rights.:

Required Notice of Termination. Unless the lease is terminated for cause, a lessor must give notice to a lessee of the intent to terminate the lease at least one year prior to the effective date of the termination. All terms of the lease remain in effect following the notice, except that: A. Termination provisions of the lease to the extent inconsistent with this section are void, beginning on the date the notice is provided; [PL 2003, c. 510, Pt. A, §12 (RPR).] B. The lessee may terminate the lease earlier than the effective date provided in the notice; and [PL 2003, c. 510, Pt. A, §12 (RPR).] C. If the lessee violates the lease during the period between the giving of the notice and the termination date provided in the notice, this section no longer applies and the lessee has only the rights provided in the lease. [PL 2003, c. 510, Pt. A, §12 (RPR).] For purposes of this subsection, "cause" means violation by a lessee of a term of a lease. Generated 11.18.2021 Chapter 710-D. BUILDINGS ON LEASED LOTS | 1 [PL 2003, c. 510, Pt. A, §12 (RPR).] SECTION HISTORY PL 2001, c. 612, §1 (NEW). PL 2001, c. 653, §1 (NEW). PL 2003, c. 510, §A12 (RPR). A lessee of premises on which a structure owned by the lessee exists has the right of first refusal with regard to the leased premises if the lessor intends to sell or to offer to sell the leased premises as a separate parcel. Each lease subject to this chapter must make provision for a method of determining the sale price of the leased premises upon exercise of the right provided in this section. The lessor must give the lessee at least 90 days to accept the offer to purchase the lot. [PL 2003, c. 510, Pt. A, §12 (NEW).] SECTION HISTORY PL 2003, c. 510, §A12 (NEW). The State of Maine claims a copyright in its codified statutes. If you intend to republish this material, we require that you include the following disclaimer in your publication: The Office of the Revisor of Statutes also requests that you send us one copy of any statutory publication you may produce. Our goal is not to restrict publishing activity, but to keep track of who is publishing what, to identify any needless duplication and to preserve the State's copyright rights.

Required Notice of Termination. Unless the lease is terminated for cause, a lessor must give notice to a lessee of the intent to terminate the lease at least one year prior to the effective date of the termination. All terms of the lease remain in effect following the notice, except that: A. Termination provisions of the lease to the extent inconsistent with this section are void, beginning on the date the notice is provided; [PL 2003, c. 510, Pt. A, §12 (RPR).] B. The lessee may terminate the lease earlier than the effective date provided in the notice; and [PL 2003, c. 510, Pt. A, §12 (RPR).] C. If the lessee violates the lease during the period between the giving of the notice and the termination date provided in the notice, this section no longer applies and the lessee has only the rights provided in the lease. [PL 2003, c. 510, Pt. A, §12 (RPR).] For purposes of this subsection, "cause" means violation by a lessee of a term of a lease. Generated 11.18.2021 11.25.2020 Chapter 710-D. BUILDINGS ON LEASED LOTS | 1 [PL 2003, c. 510, Pt. A, §12 (RPR).] SECTION HISTORY PL 2001, c. 612, §1 (NEW). PL 2001, c. 653, §1 (NEW). PL 2003, c. 510, §A12 (RPR). A lessee of premises on which a structure owned by the lessee exists has the right of first refusal with regard to the leased premises if the lessor intends to sell or to offer to sell the leased premises as a separate parcel. Each lease subject to this chapter must make provision for a method of determining the sale price of the leased premises upon exercise of the right provided in this section. The lessor must give the lessee at least 90 days to accept the offer to purchase the lot. [PL 2003, c. 510, Pt. A, §12 (NEW).] SECTION HISTORY PL 2003, c. 510, §A12 (NEW). The State of Maine claims a copyright in its codified statutes. If you intend to republish this material, we require that you include the following disclaimer in your publication: The Office of the Revisor of Statutes also requests that you send us one copy of any statutory publication you may produce. Our goal is not to restrict publishing activity, but to keep track of who is publishing what, to identify any needless duplication and to preserve the State's copyright rights.