This office lease clause states that in the event the tenant becomes a debtor under Chapter 7 of the federal Bankruptcy Code and the Trustee of the tenant's property or the tenant elects to assume the lease for the purpose of assigning the same or otherwise, such election and assignment may only be made if all of the terms and conditions are satisfied. If such Trustee shall fail to elect or assume the lease within sixty (60) days after the filing of the petition, the lease shall be deemed to have been rejected.
Massachusetts Landlord Bankruptcy Clause
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US-OL28042
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FAQ
No state law requires landlords to repaint a rental unit in between tenants. Some local (city or county) ordinances might require landlords to repaint under certain circumstances.
In Massachusetts, a landlord can charge an early termination fee if the tenant breaks a lease early, but it must be written into the contract along with the terms. For example, a landlord may require 30-days' notice and 2 months' rent in order to break the lease early.
You may be able to legally move out before the lease term ends in the following situations. You Are Starting Active Military Duty. ... The Rental Unit Is Unsafe or Violates Massachusetts Health or Safety Codes. ... You Are a Victim of Domestic Violence. ... Your Landlord Harasses You or Violates Your Privacy Rights.
There must be at least 70 square feet of sleeping area for the first occupant, 100 combined for two occupants, and 50 additional for each additional occupant.
Landlords in Massachusetts are not legally allowed to collect additional holding deposits, pet fees, or rental fees at the time of the tenant moving in. Tenants are legally allowed to collect their security deposit whenever they leave the leased property.
Your landlord must first send you a "Notice to Quit" your tenancy. If the landlord is terminating your tenancy for non-payment of rent, s/he must send you a "14-Day Notice to Quit" (M.G.L.c.186, §§ 11 and 12). Your lease will specify the notice requirement for other terminations; it is typically seven days.
The law says landlords: May only charge for the first and last month's rent, a new lock and key, and a security deposit when you first move in. May not ask for a security deposit that is more than your 1st month's rent. May not charge other fees, like pet fees, cleaning fees, and application fees.
Whether a lease or a tenancy-at-will, the tenant must pay rent, follow the rules agreed upon with the landlord, and accept responsibility for any damage to the apartment that is more than just ?normal wear and tear." The landlord must provide an apartment that is safe, clean, and in compliance with the Massachusetts ...
As long as the landlord isn't retaliating against you for some reason by not renewing your lease, he/she is under no obligation to allow you to renew a lease outside of the existing lease agreement.
Breaking a lease in Massachusetts requires tenants to provide their landlord with written notice. The amount of notice will depend on the length of the lease term: Monthly Leases - Either 30 days or a number of days equal to the interval between each rent payment.
