This office lease provision states that the landlord has the right to cancel the lease after the expiration of the first sixty (60) months of the initial term of the lease by giving the tenant at least one hundred and twenty (120) days prior notice of such cancellation.
California Simple Cancellation Provisions for Landlord
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How to fill out Simple Cancellation Provisions For Landlord?
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FAQ
Here is an example of an early termination clause: Early Termination Clause: The Tenant may terminate this Lease Agreement before the expiration date by giving the Landlord a written notice of at least 60 days and paying a termination fee equivalent to two months' rent.
The first thing you should know in California is there is a 120-day notice to sell your property if it's tenant occupied. The 120-day notice to sell in California requires both a verbal/oral notice as well as a written notice.
?No-fault? means you have not done anything wrong. But, your landlord can still require you to move out for one of the ?no-fault? reasons listed in the law. If your landlord evicts you for one of these reasons, they must first give you one month's rent or waive one month's rent to help you move out.
Early Termination Clause ing to California law, landlords can include an "Early Lease Termination Clause," which allows both parties to end the agreement before it ends.
There are no state laws that explicitly ban landlords from charging early termination fees. What the laws do say is that California landlords can only demand an amount equal to their actual costs related to you moving out early.
Ing to the law, tenants may only terminate the lease 30 days after the next lease term/period begins. Deliver a written notice to their landlord/project manager.
In case of lack of fulfillment by one of the parties of his obligations to the stated conditions in this agreement, this agreement might be terminated by the initiative of the other party.
After a tenant or landlord gives a termination notice, it can only be cancelled with the agreement of both parties, or by a landlord accepting rent for any period beyond the termination date.
