This office lease clause states that the amount of the security deposit shall be increased to reflect the increase in Base Rent. The Owner shall at all times have and maintain two full months' Base Rent as security.
Puerto Rico Clause Providing for the Periodic Increase in the Tenant Security to Reflect Increases in Base Rent
Category:
State:
Multi-State
Control #:
US-OL4A012A
Format:
Word;
PDF
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Description
How to fill out Clause Providing For The Periodic Increase In The Tenant Security To Reflect Increases In Base Rent?
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FAQ
These include: 1. The right to a safe and habitable living space: Landlords are required to provide tenants with a safe and habitable living space. This means that the property must be free from hazards such as mold, lead paint, and other dangerous conditions. 2.
It is illegal for the owner of a property to get the tenant out by force. The property owner must file a complaint for eviction in the court and obtain a judgment in their favor for the eviction procedure to be carried out.
