This office lease clause states that the tenant shall be entitled to a conditional rent credit against each monthly installment of fixed rent payable during such rent credit period, but during such rent credit period the tenant shall otherwise be required to comply with all of the other terms, covenants and conditions of this lease on the tenant's part to be observed and performed, including but not limited to, payment of any increases in fixed as long as the tenant is not in default.
Houston Texas Rent Abatement Clause Providing for a Landlord Remedy and Damages refers to a legal provision or clause that is commonly included in lease agreements in Houston, Texas. This clause provides the landlord with a remedy and the right to seek damages in cases where the tenant fails to fulfill their obligations or when there is an event that hinders the tenant's ability to use and enjoy the leased property. The Rent Abatement Clause allows the landlord to withhold or reduce the rent for a specified period of time if certain circumstances occur. These circumstances can include property damage, necessary repairs, or other events that render the property uninhabitable or unusable. The purpose of this clause is to protect the landlord's rights and compensate them for any losses or expenses incurred due to the tenant's actions or unforeseen events. There are different types of Rent Abatement Clauses that landlords in Houston, Texas may include in their lease agreements depending on their specific requirements. Some common types include: 1. Property Damage Clause: This type of Rent Abatement Clause allows the landlord to reduce or suspend the rent payment if there is significant damage to the property caused by the tenant or any other event covered under the lease agreement. The clause may specify the criteria for determining the extent of the damage and the duration of the rent abatement. 2. Repairs and Maintenance Clause: This clause allows the landlord to abate or reduce the rent if there are necessary repairs or maintenance work that needs to be carried out on the property. The clause may outline the specific circumstances under which the rent abatement is applicable, such as the duration of the repairs or the extent of the inconvenience caused to the tenant. 3. Natural Disaster Clause: In areas prone to natural disasters, landlords may include a Rent Abatement Clause that addresses situations where a property becomes uninhabitable or inaccessible due to events like hurricanes, floods, or earthquakes. The clause may provide for rent abatement during the period when the property is not usable or until repairs are completed. 4. Government Actions Clause: This type of Rent Abatement Clause allows the landlord to seek rent abatement if there are government actions, such as an evacuation order or condemnation of the property, that prevent the tenant from using or occupying the leased premises. In all these types of Rent Abatement Clauses, it is important for both landlords and tenants to clearly define the conditions, duration, and procedures for invoking the clause. This helps to avoid ambiguity and ensures that both parties understand their rights and obligations. It is advisable for landlords and tenants in Houston, Texas, to consult with legal professionals to draft and review lease agreements with Rent Abatement Clauses to protect their interests effectively.
