This office lease clause states that the amount of the security deposit shall be reduced from 4 months' Base Rent to 3 months' Base Rent provided that certain lease conditions are met by the lessee.
District of Columbia Clause Providing for the Reduction of the Tenant Security Deposit
Category:
State:
Multi-State
Control #:
US-OL4A012B
Format:
Word;
PDF
Instant download
Description
How to fill out Clause Providing For The Reduction Of The Tenant Security Deposit?
Have you been inside a placement the place you will need files for possibly business or individual uses virtually every working day? There are a variety of legal file web templates available online, but finding ones you can trust is not effortless. US Legal Forms provides a large number of kind web templates, such as the District of Columbia Clause Providing for the Reduction of the Tenant Security Deposit, that happen to be published to meet state and federal demands.
In case you are previously informed about US Legal Forms internet site and also have a merchant account, just log in. Afterward, you can down load the District of Columbia Clause Providing for the Reduction of the Tenant Security Deposit web template.
Unless you come with an accounts and need to begin using US Legal Forms, abide by these steps:
- Get the kind you need and make sure it is for the right city/county.
- Make use of the Preview switch to check the shape.
- See the outline to ensure that you have selected the appropriate kind.
- When the kind is not what you are seeking, make use of the Research discipline to find the kind that fits your needs and demands.
- Whenever you discover the right kind, simply click Get now.
- Choose the pricing plan you would like, submit the necessary details to make your bank account, and purchase your order utilizing your PayPal or bank card.
- Select a convenient paper format and down load your copy.
Get every one of the file web templates you might have bought in the My Forms food list. You can obtain a additional copy of District of Columbia Clause Providing for the Reduction of the Tenant Security Deposit anytime, if possible. Just click the required kind to down load or printing the file web template.
Use US Legal Forms, by far the most substantial variety of legal types, to save lots of time and stay away from blunders. The service provides appropriately made legal file web templates which can be used for a selection of uses. Produce a merchant account on US Legal Forms and begin creating your way of life a little easier.
Form popularity
FAQ
No owner shall place (or cause to be placed) in a lease or rental agreement a provision waiving the right of a tenant of residential premises to a jury trial, or requiring that the tenant pay the owner's court costs or legal fees, or authorizing a person other than the tenant to confess judgment against a tenant.
The rent control law is the Rental Housing Act of 1985 (DC Law 6-10) as amended (the Act), which is codified at DC Official Code § 42-3501.01 et seq. Under the Act, an apartment building or apartment complex is called a housing accommodation, and a single apartment or house is called a rental unit.
In general, a tenant's rent should not go up by more than 8.9% this year, unless the housing provider has special approval. If a tenant is 62 or older or has a disability, the rent should not go up by more than 5%, unless the housing provider has special approval.
(3) For the purposes of this subsection, the term "ordinary wear and tear" means deterioration that results from the intended use of a dwelling unit, including breakage or malfunction due to age or deteriorated condition.
Basic Security Deposit Law for Residential Tenants in the District of Columbia. A landlord generally may charge no more than one month's rent as security deposit.
The Rental Housing Act of 1985, as amended, effective July 17, 1985 (D.C. Law 6-10; D.C. Official Code § 42-3501.01 et seq). (?Act?), provides the statutory framework for the Rental Housing Commission, and the District's rent stabilization program.
Allowable Rent Increases Based on CPI-W For most tenants, the most that their rent can increase is the CPI-W percentage plus 2%, but not more than 10%. For tenants who are elderly or disabled, the maximum increase in rent charged is the CPI percentage only, but not more than 5%.
There are specific laws in D.C. pertaining to leases with an air conditioning stipulation, as the landlord must keep the inside temperature at least 15 degrees cooler than outside.
Lessee shall pay to Lessor simultaneously with the execution of this Lease Agreement a sum zero and 00/100 Dollars ($0,000.00) (the ?Security Deposit?) as security for the full and faithful performance by Lessee of each and every term, covenant and condition of this Lease Agreement.
The Lease Deposit shall be held by Lessor as security for the performance by Lessee of Lessee's covenants and obligations under the Lease. The Lease Deposit shall not be considered an advance payment of rental or a measure of Lessor's damages in case of default by Lessee.
