This office lease provisions stats that the tenant has the right to cancel the lease at any time after the expiration of the first sixty (60) months of the initial term of the lease by giving the landlord at least one hundred and twenty (120) days prior notice of such cancellation.
Oklahoma Simple Cancellation Provisions for Tenant: In Oklahoma, the Simple Cancellation Provisions for Tenant refer to the specific guidelines and procedures that allow a tenant to cancel their lease agreement before its designated end date. These provisions provide tenants with flexibility and protection in case of unforeseen circumstances or changes in their living situation. One type of Oklahoma Simple Cancellation Provision for Tenant is the "Right to Terminate Due to Military Service." Under the Service members Civil Relief Act (SCRA), tenants who are members of the military and receive orders for a permanent change of station (PCS) or deployment for at least 90 days can terminate their lease without penalty by providing written notice to their landlord. Another type of provision is the "Early Termination for Health or Safety Reasons." If a tenant's health or safety is compromised due to issues like hazardous living conditions, serious maintenance problems, or threats to personal safety, they can invoke this provision to terminate their lease early. The tenant must provide written notice to the landlord, giving them an opportunity to resolve the issues before resorting to cancellation. Furthermore, Oklahoma also has provisions for tenants who experience financial hardships. The "Early Termination for Financial Hardship" provision allows tenants facing unexpected financial difficulties, such as job loss or medical emergencies, to terminate their lease early. However, the tenant typically needs to provide sufficient documentation to prove their financial hardship to the landlord. To initiate the cancellation process, the tenant must provide written notice to their landlord, clearly stating the reason for cancellation and the desired termination date. It is essential to maintain a copy of the notice for future reference. It is crucial for tenants to understand the terms and conditions specified in their lease agreement regarding early termination to ensure they follow the correct procedure. Some leases might include specific penalties or requirements for cancellation, such as payment of a fee or a notice period. Therefore, reviewing the lease agreement before submitting a cancellation notice is of utmost importance. In summary, Oklahoma Simple Cancellation Provisions for Tenant offer various options for tenants to terminate their lease agreements under specific circumstances. Whether due to military service, health or safety concerns, or financial hardship, tenants can avail of the provision that best suits their situation. By following the correct procedure and fulfilling any additional requirements stated in the lease agreement, tenants can ensure a smooth and legally compliant cancellation process.
