This office lease clause is the short form for dealing with the destruction of the premises and the conditions and obligations of the landlord to restore and accommodate the tenants.
Kentucky Destruction Clause Short Form City Lease
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Multi-State
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US-OL11024C
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How to fill out Destruction Clause Short Form City Lease?
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Kentucky Criminal Mischief Crimes If the property damage caused a loss of less than $500.00, it is generally a Class B misdemeanor. If the property damage caused a loss of more than $500.00, it is a Class A misdemeanor. If the property damage caused a loss of more than $1,000.00, it is a Class D felony.
If your landlord repeatedly violates your rights to privacy, or does things like removing windows or doors, turning off your utilities, or changing the locks, you would be considered "constructively evicted," as described above; this would usually justify you breaking the lease without further rent obligation.
In the event the leased premises shall be destroyed or rendered totally untenable by fire, windstorm, or any other cause beyond the control of Landlord, then this Lease shall cease and terminate as of the date of such destruction, and the rent shall then be accounted for between Landlord and Tenant up to the time of ...
In the event the premises are severely damaged or destroyed by fire or other casualty, either party may terminate the lease. In the event damage was caused by Tenant's action or neglect, Tenant shall be held liable for all damages.
A damage and destruction clause in a commercial lease outlines the rights and. obligations of both the landlord and the tenant in the event that the leased premises are damaged or destroyed during the lease term or any extension or renewal thereof.
Description of Premises Clause This commercial lease clause identifies the space the tenant will occupy. This might be straightforward if the lease is for an entire building or property. However, if the tenant is only renting a fraction of the property, this clause would describe that space in detail.
If the premises are only partially destroyed, the tenant can terminate the lease by notice to the landlord if the landlord had reason to believe at commencement of the lease or rental agreement that the portion destroyed was a "material inducement" to the tenant to enter into the lease.
In the event the Premises are destroyed or rendered wholly uninhabitable by fire, storm, earthquake, or other casualty not caused by the negligence of Tenant, this Agreement shall terminate from such time except for the purpose of enforcing rights that may have then accrued hereunder.