North Dakota Provision of Guaranty Stating that it is Unaffected by Any Waiver or Forbearance by Landlord

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US-OL4A024BC
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Description

This office lease provision states that the guarantor's liability is not affected or impaired by any delay by or failure of the landlord in enforcing any of its rights or remedies under the lease or at law, or by any deferral, waiver, or release of the tenant's obligations under the lease or any forbearance by the landlord in exercising any of its rights and remedies or by any other action, inaction, or omission by the landlord. This guaranty is independent of any security or remedies which the landlord has under the law.

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FAQ

Hear this out loud PauseLandlords in North Dakota can end a month-to-month tenancy without legal cause with a 30-day written notice.

Hear this out loud Pause(1) Subject to Agency concurrence, the lender may assign all or part of the guaranteed portion of the loan to one or more holders at or after loan closing, if the loan is not in default.

North Dakota Eviction Process Timeline StepEstimated TimeInitial Notice Period3-31 Calendar DaysCourt Issuing/Serving Summons3-7 Business DaysCourt Ruling3-15 Business DaysCourt Serving Writ of Execution~1-3 Calendar Days1 more row ?

A North Dakota 30 Day Notice to Vacate is a legal letter written to terminate a periodic tenancy (i.e. week-to-week or month-to-month) or a fixed term rental agreement. The letter is provided at least thirty (30) calendar days before the end of the following rental period or expiration of the lease.

For month-to-month leases, there must be seven days of notice. For year-to-year leases or those with other definite terms, landlords must notify the tenant, or vice versa, within a month of the end of the lease. On leases lasting between one week and one month, notice must be given at least two days in advance.

Hear this out loud PauseThe landlord can require a security deposit of up to one month's rent, plus an additional deposit if you have a pet. If you have a felony conviction, the landlord can require up to two months' rent for a security deposit.

Hear this out loud PauseReturn of Security Deposit: A landlord is required to return the tenant's security deposit within 30 days after the tenant has relinquished control of the rental unit to the landlord. This occurs when the tenant returns all keys and has vacated the premises. NDCC § 47-16-07.1.

In tenancies from month to month, and unless the parties have otherwise agreed in writing to a longer notice period or a different notice time, either party may terminate the tenancy by giving at least one calendar month's written notice at any time. The rent is due and payable to and including the date of termination.

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North Dakota Provision of Guaranty Stating that it is Unaffected by Any Waiver or Forbearance by Landlord