Maryland Release of Lease

State:
Multi-State
Control #:
US-OG-817
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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FAQ

Tenants are only required to give the following lengths of notice: Week-to-week = 30-day notice. Month-to-Month = 30-day notice. Year-to-Year (Non-Farm) = 90-day notice.

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.

Is there anything I can do to prevent or postpone an eviction? If you are unable to pay your rent, you may wish to talk to your landlord about a payment plan. If you are unable to agree to a payment plan, ask if your landlord will agree that you can stay in your home until a specific date.

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.

What is a Notice to Vacate? A Notice to Vacate is a conversation, letter, email, SMS or Whatsapp message from your landlord (or their lawyer) in which they state that they have cancelled your lease and that you must vacate the property by a certain date.

The Maryland Notice to Vacate could be given in the form of a 30 Day Notice to Vacate, 60 Day Notice to Vacate, or a 90 Day Notice to Vacate, depending on the circumstances. The notice period required is typically defined in the rental lease terms.

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Maryland Release of Lease