Material Breach Of Lease Agreement

State:
New Hampshire
Control #:
NH-1208LT
Format:
Word; 
Rich Text
Instant download

Description

This form is used by the Landlord to notify a residential Tenant of a breach of the lease due to material non-compliance with the lease provisions. "Residential" includes a house, apartment, or condo. The specific material non-compliance is identified, and the Tenant is given 7 days to vacate the premises or face eviction proceedings. For additional information, see the Law Summary link.
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How to fill out New Hampshire 7 Day Notice To Terminate Lease For Material Breach Of Lease - Residential?

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FAQ

When a breach frustrates the root purpose (i.e., the essence) of a contract, it is material. Conversely, a breach that does not frustrate the root purpose (i.e., the essence) of a contract is an immaterial breach.

To determine whether a breach of contract is material, find out if compensation is a reasonable remedy. If the injured party can simply be compensated for the breach, it is unlikely that it would be found to be a material breach. Compensation, in this case, can be in the form of money or service.

One example may occur when someone is purchasing a house. If the buyer completes all of the necessary paperwork, pays the seller at the closing, but the seller suddenly decides not to sell or refuses to give up the deed and keys to the house, then this would be considered a material breach of contract.

Essentially, this means a breach is considered to be a material one if it gets to the very essence or heart of the agreement. A material breach happens when one of the contracted parties fails to do the very thing that the contract was created for.

A material breach occurs when one party receives significantly less benefit or a significantly different result than what was specified in a contract. Material breaches can include a failure to perform the obligations laid out within a contract or a failure to perform contracted obligations on time.

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Material Breach Of Lease Agreement