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.
Oklahoma Provision of Guaranty Stating that it is Unaffected by Any Waiver or Forbearance by Landlord
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FAQ
The landlord can ask the judge to evict you without a reason. BUT the landlord must give you notice. If you pay your rent monthly, the landlord MUST give you a written 30-day notice telling you that you must move within 30 days.
No seller in any sales transaction may impose a surcharge on a cardholder who elects to use a credit card or debit card in lieu of payment by cash, check or similar means.
In 2023, there are important updates to the Oklahoma eviction laws, which both tenants and landlords should be aware of. Take note of the following key changes: 1. Notice requirements: Landlords must provide written notice to tenants at least 30 days prior to starting the eviction process.
No, landlords in Oklahoma cannot evict tenants without a valid reason. Valid reasons may include non-payment of rent, lease violations, or the expiration of a lease term. It is essential to follow proper legal procedures and obtain a court if necessary.
In Oklahoma, landlords have the freedom to raise the rent by any amount and for any reason at any time. There are no legal limits or laws prohibiting such increases.
For a month-to-month lease, the Residential Landlord Tenant Act requires that the landlord or tenant give written notice to the other at least 30 days before the termination is to be effective.
A landlord can only do this if the landlord has legal cause. Legal cause is defined by Oklahoma law as unpaid rent, lease violations, and criminal activity. To terminate the tenancy for one of these reasons, the landlord must give the tenant notice. The type of notice will depend on the reason for the eviction.
Oklahoma has two usury caps. When a consumer or personal loan is made from one individual to another, the usury limitation on that loan may not exceed 10%. Interest rates can exceed 10%. In the case of commercial or non-consumer loans, the interest rate cap is set at 45% per annum.
