Warning of Default on Commercial Lease - District of Columbia 2025

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The document is a warning notice to tenants indicating that they are in default of their commercial lease agreement. It outlines the reasons for the default and provides a deadline for the tenants to remedy the situation. If the default is not cured by the specified date, the landlord may take further actions, including lease termination and eviction. The notice emphasizes that it is given without consideration and does not limit the landlord's rights under the lease or law.
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If a lease violates public policy, it is void. The lease is null and void if discrimination takes place there. For instance, a commercial lease that specifies that the tenant must not provide services to members of a particular religion or racial minority group is void.
Can a Commercial Lease Be Terminated Early? Your business is expanding and needs more space. You need less space due to downsizing. The landlord is failing to meet expectations. Youre consolidating your portfolio through a merger or acquisition.
If the tenant is not paying rent, it is a breach of the commercial lease agreement. That breach entitles the landlord to take appropriate legal action. In many cases, that legal action is an eviction. That eviction has to be done lawfully and ing to the terms of the commercial lease.
If your business defaults on a lease, it means that you fail to comply with one or more provisions in the leasing agreement. When this happens, your landlord sends your company an official letter. They have the right to hold you accountable for any missing payment and damages associated with your default.
Legal and Financial Consequences For Tenants Accumulating late fees can lead to financial strain, potential eviction, and legal action for unpaid rent. For Landlords Persistent defaults may result in lost revenue, legal costs, and challenges in re-leasing the property.

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Typical events of default include non-payment or late payment of amounts due, breach of certain material representations and warranties or covenants, cross-default, breach of change of control provisions, and insolvency.
Commercial leases require an effective default clause that allows the landlord to force a tenant to comply with all lease obligations. The default clause commonly provides the procedure for obtaining an eviction or the threat of an eviction for a commercial tenants violation of the lease.

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by DS Team 2004 Cited by 1 the District of Columbia; three federal agencies; tribes; and public and industry stakeholders. Default value is 3%. Discount rate (percentage). Assumed

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