Florida Provision Allocation Risks and Setting Forth Insurance Obligations of Both the Landlord and the Tenant

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Multi-State
Control #:
US-OL25023
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Description

This office lease provision states that the parties desire to allocate certain risks of personal injury, bodily injury or property damage, and risks of loss of real or personal property by reason of fire, explosion or other casualty, and to provide for the responsibility for insuring those risks permitted by law.

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FAQ

Section 83.20 provides a cause of action for removal of a commercial tenant under the following circumstances:The tenant continues in possession of the premises after expiration of the rental without the permission of the landlord;The tenant holds over without permission after default in the payment of rent provided ...

Both landlords and renters in Florida have the right to terminate the lease agreement early for various reasons. The landlord may terminate the lease early if the tenant fails to pay rent on time, violates the rules and regulations of the lease agreement, or intentionally damages the rental unit.

The Florida Senate 83.201 Notice to landlord of failure to maintain or repair, rendering premises wholly untenantable; right to withhold rent.

Late Fees: Late fees in Florida must be ?reasonable.? A late fee is considered reasonable if it is no more than $20 or 20% of monthly rent, whichever is greater. Landlords must also include the amount and conditions of late fees in the rental agreement (Fla. Stat. § 83.808(3)).

Florida: Guests become tenants when they stay for over 14 days within six months, or seven nights in a row.

Florida Statutes §83.40-83.683, govern residential landlord tenant law and are referred to as the Florida Residential Landlord and Tenant Act. In Florida, all leases and rental agreements carry an obligation of good faith and fair dealing in the enforcement and performance of the agreement.

83.48 Attorney fees. ?In any civil action brought to enforce the provisions of the rental agreement or this part, the party in whose favor a judgment or decree has been rendered may recover reasonable attorney fees and court costs from the nonprevailing party.

Under Section 83.63, Florida Statutes, if the premises are damaged or destroyed other than by the wrongful or negligent acts of the tenant, so that the enjoyment of the premises is substantially impaired, the tenant may terminate the rental agreement and immediately vacate the premises.

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Florida Provision Allocation Risks and Setting Forth Insurance Obligations of Both the Landlord and the Tenant