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Once executed, many commercial tenants file it away and forget about all of theSometimes the notice of exercising an option requires up to six months' ... Non-payment of rent: Ten-day Notice to Quit. If the tenant does not pay rent within 10 days, the landlord may file eviction papers on the 11th ...Depending on the terms of the parties' agreement, a lessee who breaches the lease agreement and fails to cure the breach may lose the option to exercise the ...27 pages
Depending on the terms of the parties' agreement, a lessee who breaches the lease agreement and fails to cure the breach may lose the option to exercise the ... See also (a) ?Landlord and Tenant: What Amounts to 'Sale' of Property for Purposespossible to use a fairly standard form option to purchase endorsement ...45 pages
See also (a) ?Landlord and Tenant: What Amounts to 'Sale' of Property for Purposespossible to use a fairly standard form option to purchase endorsement ... By M Scruggs · 1985 ? exercise one, extinguishes the lessee's rights under the other.2. The North Carolina Supreme Court was faced with a dual op- tion lease in Texaco, Inc. v. Upon receipt of lessee's notice of election to exercise any option granted herein, which notice shall be given in accordance with the Notice Clause of this ... (D) if the lease is not a consumer lease, the lessor, before the lessee signsunder the lease contract, excluding payments for options to renew or buy, ... Existing tenant does not exercise an extension option. Landlords will also prefer to prevent notice from being delivered by tenant to landlord too early in ...4 pages
existing tenant does not exercise an extension option. Landlords will also prefer to prevent notice from being delivered by tenant to landlord too early in ...
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