This office lease clause states that the amount of the security deposit shall be increased to reflect the increase in Base Rent. The Owner shall at all times have and maintain two full months' Base Rent as security.
Maine Clause Providing for the Periodic Increase in the Tenant Security to Reflect Increases in Base Rent
Category:
State:
Multi-State
Control #:
US-OL4A012A
Format:
Word;
PDF
Instant download
Description
How to fill out Clause Providing For The Periodic Increase In The Tenant Security To Reflect Increases In Base Rent?
It is possible to spend several hours on-line trying to find the lawful record format that meets the federal and state specifications you require. US Legal Forms gives a huge number of lawful forms that happen to be examined by specialists. It is possible to obtain or print the Maine Clause Providing for the Periodic Increase in the Tenant Security to Reflect Increases in Base Rent from your services.
If you already have a US Legal Forms accounts, you may log in and then click the Download option. Next, you may comprehensive, revise, print, or signal the Maine Clause Providing for the Periodic Increase in the Tenant Security to Reflect Increases in Base Rent. Each lawful record format you buy is your own property forever. To acquire another backup for any bought type, check out the My Forms tab and then click the corresponding option.
If you work with the US Legal Forms internet site for the first time, adhere to the straightforward guidelines below:
- Initial, make sure that you have chosen the correct record format for that state/town of your choice. See the type information to make sure you have chosen the proper type. If accessible, use the Review option to look from the record format as well.
- If you want to find another model of your type, use the Research area to find the format that meets your requirements and specifications.
- When you have found the format you would like, just click Purchase now to move forward.
- Pick the pricing program you would like, key in your credentials, and register for a merchant account on US Legal Forms.
- Complete the financial transaction. You should use your Visa or Mastercard or PayPal accounts to pay for the lawful type.
- Pick the structure of your record and obtain it in your product.
- Make alterations in your record if possible. It is possible to comprehensive, revise and signal and print Maine Clause Providing for the Periodic Increase in the Tenant Security to Reflect Increases in Base Rent.
Download and print a huge number of record themes making use of the US Legal Forms site, which offers the most important assortment of lawful forms. Use expert and status-certain themes to handle your business or individual needs.
Form popularity
FAQ
A landlord must give you adequate notice before you are evicted or your rent is increased. The landlord cannot abuse your security deposits. Tenants always have a right to a court hearing before the landlord can evict them. Unfair rental contracts can be in violation of the Maine Unfair Trade Practices Act.
If your rental unit is damaged for any reason, including due incidents of domestic violence, stalking, or sexual assault, the landlord can keep your security deposit to cover the damages. The landlord cannot keep your security deposit as a penalty for breaking the lease.
Normal wear and tear. "Normal wear and tear" means the deterioration that occurs, based upon the use for which the rental unit is intended, without negligence, carelessness, accident or abuse of the premises or equipment or chattels by the tenant or members of the tenant's household or their invitees or guests.
Maine law says the security deposit can't be more than two times the monthly rent.
Maine law says the security deposit can't be more than two times the monthly rent.
An escalator clause (also known as an escalation clause or a laddering clause) is a clause or provision in a lease or contract that allows pricing or wages to be adjusted to account for changing market conditions, such as inflation or tax fluctuations.
If the landlord increases rent more than once in a 12-month period, and the increases add up to a total increase of 10% or more, the landlord must provide at least 75 days' written notice prior to any increase that brings the total increase in rent to 10% or more.
Index Lease - A type of graduated lease in which the periodic rent increase are tied to increases in the consumer price index, or some other economic indicator.
