Maryland Release of Lessor's Claims Against Lessee Arising from Operations

State:
Multi-State
Control #:
US-OG-394
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Lessor releases and discharges Lessee, and all its officers, directors, agents, employees, contractors, and their successors and assigns from any and all claims, demands, or causes of action arising from or growing out of all injuries or damages, if any, of every character, kind, and description sustained by Lessor personally, or to Lessor's property and lands, whether now apparent or known to Lessor, or which may later develop as the result of Lessee's Activities.

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FAQ

In property law, 'demise' means to transfer by lease. The phrase 'demised premises' generally refers to premises that have been transferred by lease, as opposed to the 'retained parts' which are not transferred but are retained by the landlord.

An early termination clause allows a tenant to terminate their lease early as long as they meet certain conditions. For example, they pay a fee and provide written notice and the tenant vacates the premises early with no penalty. In most cases, the fee is usually equivalent to two months of rent.

Breach of Lease cases typically arise from incidents involving controlled dangerous substances, destruction of property, serious noise violations, unauthorized residents, etc. The litigation process involves serving the tenant with thirty (30) days' notice to vacate the leased premises.

Breach of a material term means the failure of a party to perform an obligation under the rental agreement or lease, which constitutes the consideration for entering into the contract and includes the failure to make a timely payment of rent.

The Lessor HEREBY COVENANTS with the Lessee that the Lessee duly performing and observing the covenants conditions and agreements on the part of the Lessee hereinbefore contained and agreements shall and may peaceably and quietly hold and enjoy the Land for the Lease Term without any interruption from the Lessor or ...

The landlord must return a tenant's security deposit plus interest, less any damages rightfully withheld, within 45 days after the tenancy ends. If the landlord fails to do this without a good reason, you may sue for up to three times the withheld amount, plus reasonable attorney's fees.

A lease agreement is an arrangement between two parties ? lessor and lessee, by which the lessor allows the lessee the right to use a property owned or managed by the lessor for a specified period of time, in exchange for periodic payment of rentals. The agreement does not provide ownership rights to the lessee.

Breaches may include, but are not limited to, failure to pay Rent, engaging in any unlawful activity, damaging or otherwise destroying Property or any common areas therein, or violation of any part or sub-part of this Lease.

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Maryland Release of Lessor's Claims Against Lessee Arising from Operations