Indiana Repairs and Care Clause

• Category: Leases - Contracts
• State: Multi-State
• Control #: US-CL-625-1
• Format: Word; Rich Text

Description

Examples of a clauses regarding and surrounding the topic of the Repairs and Care of property. A "Repairs and Care Clause" is a clause that may be inserted into a purchase agreement or a lease indicating that subject property must be properly maintained in order to validate the contract. The effect is to create liability for the seller or the lessee in the event subject property is found to be in need or repairs.