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Virginia Profit Maximizing Aggressive Landlord Oriented Electricity Clause

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This office lease clause is a landlord-oriented electricity clause. It provides a considerable profit center for the landlord and picks up most of the characteristics and issues where the lessee agrees that lessor may furnish electricity to lessee on a "submetering" basis or on a "rent inclusion" basis.

The Virginia Profit Maximizing Aggressive Landlord Oriented Electricity Clause is a contractual agreement commonly found in lease agreements between landlords and tenants in the state of Virginia. This clause grants significant control and authority to the landlord over the electrical utilities and expenses within the rental property, with the ultimate aim of maximizing the landlord's profits. Keywords: Virginia, Profit Maximizing, Aggressive, Landlord Oriented, Electricity Clause, lease agreements, electrical utilities, rental property, profits. This electricity clause typically includes several provisions that heavily favor the landlord's financial interests. These provisions often involve strict rules and regulations related to the usage and payment of electricity, ensuring that the landlord can minimize costs and potentially generate additional revenue from the tenant. One common aspect of this clause is the requirement for the tenant to bear all electricity costs associated with the rental property, including payments related to electricity consumed within the premises, common areas, and shared utilities. The landlord may also include provisions allowing them to charge additional fees or surcharges for the use of certain appliances, such as air conditioning or heating systems, which can substantially impact the tenant's monthly expenses. Furthermore, the Virginia Profit Maximizing Aggressive Landlord Oriented Electricity Clause may grant the landlord the authority to monitor and regulate the tenant's electricity consumption. This can involve installing submeters to accurately measure usage or implementing strict guidelines regarding energy-saving practices, such as limitations on using certain high-consumption electrical appliances during peak hours. Additionally, some variations of this clause may allow the landlord to access the tenant's electricity bills directly or maintain control over the selection of electricity providers, enabling them to negotiate better rates or to receive financial incentives for bulk purchasing. Such arrangements could ultimately translate into higher expenses for the tenant or even provide the landlord with an opportunity to generate additional income. While the specific terms and conditions of the Virginia Profit Maximizing Aggressive Landlord Oriented Electricity Clause may vary depending on the landlord's preferences and the rental agreement, it is essential for tenants to thoroughly review and understand these provisions before signing a lease. Consulting with a legal professional specializing in landlord-tenant relationships in Virginia can help ensure that tenants are fully aware of their rights and obligations regarding electricity expenses and usage within the rental property. In summary, the Virginia Profit Maximizing Aggressive Landlord Oriented Electricity Clause is a contractual agreement that grants landlords considerable control and benefits regarding electricity expenses and consumption within a rental property. It aims to maximize the landlord's profits by placing significant financial obligations on the tenant and providing various mechanisms to monitor and regulate electricity usage and costs. Tenants should carefully review and comprehend the terms of this clause to make informed decisions and protect their interests.

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How to fill out Virginia Profit Maximizing Aggressive Landlord Oriented Electricity Clause?

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§ 55.1-1240. The tenant may terminate the rental agreement by vacating the premises and within 14 days thereafter, serving on the landlord a written notice of his intention to terminate the rental agreement, in which case the rental agreement terminates as of the date of vacating.

The landlord may dispose of the property so abandoned as thelandlord sees fit or appropriate, provided he has: (i) given a terminationnotice to the tenant in ance with this chapter, which includes astatement that any items of personal property left in the premises would bedisposed of within the twenty-four hour ...

Virginia law allows a servicemember to terminate a residential lease upon certain conditions. Section 55-248. governs the termination of leases by active duty military personnel. This section applies to all leases even if not specifically and expressly included in the lease.

The Virginia Residential Landlord and Tenant Act (VRLTA), Sections 55-248.2 through 55-248.40 of the Code of Virginia, establishes the rights and obligations of landlords and tenants in the Commonwealth. Only the courts can enforce those rights and responsibilities.

Pursuant to Virginia Code Section 55-248.31, this notice should be used when a tenant fails to pay rent. This notice provides the tenant with an additional five days within which to pay rent.

It's important to note that, while the tenant may be able to break a lease agreement through this method, they may have to pay a reasonable penalty fee established by the landlord. Most of the time, the penalty fee for breaking a lease in Virginia is one or two months of rent.

The owner of any residential building shall maintain adequate records regarding energy submetering equipment, energy allocation equipment, water and sewer submetering equipment, or a ratio utility billing system.

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Virginia Profit Maximizing Aggressive Landlord Oriented Electricity Clause