This office lease provision lists the conditions under which the landlord shall accept surrender and the lease shall be deemed terminated.
Arizona Conditional Limitation of Tenant Liability Good Guy Provision
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US-OL14035
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FAQ
A Good Guy Clause, (?GGC?) is a lease provision typically found in commercial leases that allows a landlord to release a tenant from liability in the event the tenant does not complete the lease period.
How much may a security deposit be? Under Arizona law, a landlord may ask for a security deposit up to an amount that is equal to 1 + ½ month's rent (A.R.S. §33-1321(A)). A landlord may not ask for more than this.
The following are some of the legally justifiable reasons to deduct part or all of your tenant's deposit: Tenant's failure to pay utilities. A tenant must clear all utility bills in their name before moving out. ... Cleaning cost. ... Damage exceeding normal wear and tear. ... Unpaid rent. ... Early lease termination.
Early Termination and Eviction ing to the Arizona Landlord and Tenant Act (§33-1318), a tenant can terminate the lease early in the following cases: Domestic violence. Unhabitable housing conditions. Access Refusal.
B. The landlord or the tenant may terminate a month-to-month tenancy by a written notice given to the other at least thirty days prior to the periodic rental date specified in the notice.
33-1313 Notice A. A person has notice of a fact if he has actual knowledge of it, has received a notice or notification of it or from all the facts and circumstances known to him at the time in question he has reason to know that it exists.
33-1321 - Security deposits. A. A landlord shall not demand or receive security, however denominated, including prepaid rent in an amount or value of more than one and one-half month's rent.
If the tenant were responsible under either the ARLTA or the rental agreement to replace the carpets, it is worth noting that the statute of limitations for breach of a written contract is 6 years while the statute of limitations for breach of an oral contract is 3 years but the equitable doctrine of laches prevents ...
