Maine Joint and Several Guaranty of Performance and Obligations

State:
Multi-State
Control #:
US-OL4A024C
Format:
Word; 
PDF
Instant download

Description

This office lease form is a guranty that absolutely, unconditionally and irrevocably guarantees the landlord the full and prompt performance and observance of all of the tenant's obligations under the lease, including, and without limitation, the full and prompt payment of all rent and additional rent payable by the tenant under the lease and tenant's indemnity obligations benefiting the landlord under the lease.

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  • Preview Joint and Several Guaranty of Performance and Obligations
  • Preview Joint and Several Guaranty of Performance and Obligations
  • Preview Joint and Several Guaranty of Performance and Obligations
  • Preview Joint and Several Guaranty of Performance and Obligations

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FAQ

Maine Tort Law contains a mixture of substantive law (e.g. negligence, premises liability, transportation accidents, professional liability, civil rights, governmental liability and immunity, products liability) and procedural matters (e.g. multiple defendants, vicarious liability, insurance, damages) that are ...

Maine uses a modified comparative negligence system. Plaintiff may recover for their damages as long as they are not found to be equally or more at fault than the defendant. Tortfeasors can be found ?jointly and severally liable" for the plaintiff's damages or financial costs and injuries.

For example, if the other driver is determined to be 80% at fault and you are determined to be 20% at fault, you can collect for your damages because you were less than 50% at fault. However, the other driver's insurance company might only offer to pay for 80% of your damages.

Maine uses a modified comparative negligence system. Plaintiff may recover for their damages as long as they are not found to be equally or more at fault than the defendant. Tortfeasors can be found ?jointly and severally liable" for the plaintiff's damages or financial costs and injuries.

Maine law includes the doctrine of ?joint and several liability?. Joint and several liability means that if the plaintiff proves that more than one defendant caused her harm, each can be held liable for the full amount of plaintiff's damages. The defendants are jointly liable for the entire amount of damages.

Joint and Several Liability is a legal phrase where two or more people within a partnership are joint and severally liable for all the debts incurred within the business. This means creditors are legally entitled to chase all partners involved in the business for the full amount owed.

Joint liability is different from joint and several liability in that in joint liability the responsibility is spread equally among the defendants whereas in joint and several liability responsibility shifts depending on the degree/share of defendant's responsibility that is found by a judge or a jury.

Here are 12 states that have pure comparative negligence laws: Alaska. Arizona. California. Florida. Kentucky. Louisiana. Mississippi. Missouri.

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Maine Joint and Several Guaranty of Performance and Obligations