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Missouri
Kansas City
Conditional Limitation of Tenant Liability Good Guy Provision

Kansas City Missouri Conditional Limitation of Tenant Liability Good Guy Provision

Category:

Landlord Tenant - Commercial Leases

State:

Multi-State

City:

Kansas City

Control #:

US-OL14035

Format:

Word;

PDF

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Description

This office lease provision lists the conditions under which the landlord shall accept surrender and the lease shall be deemed terminated.

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Interesting Questions

How can I negotiate for a Good Guy Provision in my lease?

Start by having an open conversation with your landlord about why you think it’s a good idea. Lay it all out and be respectful. If they see it’s reasonable, they might be willing to play ball!

Are there any risks involved with signing a lease with a Good Guy Provision?

Every silver lining has a cloud. Sometimes landlords may raise the rent or include stricter terms in return for the Good Guy Provision. It’s essential to read the fine print!

What happens if I have to break my lease without a Good Guy Provision?

If you don’t have a Good Guy Provision and you break your lease, you might be on the hook for rent until the landlord finds a new tenant. It’s like being caught between a rock and a hard place.

Can landlords refuse to include a Good Guy Provision?

Sure can! Landlords are not obligated to include it. It's all about negotiation and what both parties agree on.

Is a Good Guy Provision always included in lease agreements?

Not always! It depends on the landlord and the terms of the lease. It’s a good idea to ask for it if you think you might need a little breathing room down the road.

How does the Conditional Limitation of Tenant Liability work?

Conditional Limitation of Tenant Liability is a fancy way of saying that tenants may not be financially responsible for outstanding lease obligations if specific conditions are met. It's like a safety net that helps tenants avoid unnecessary liabilities.

What is a Good Guy Provision in a lease agreement?

A Good Guy Provision is a nice little clause in a lease that helps protect tenants from getting hit too hard financially if they have to leave before the lease is up. It usually allows tenants to walk away without too much hassle, as long as they play by the rules.