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What does it mean to be in default tenant?

Where a tenant fails to make rent payments or falls behind on them, they can be said to be in default. Default on payment of rent can lead in turn to a landlord being unable to make their mortgage payments, thereby threatening their property interest.

How many days do you have to respond to an unlawful detainer in California?

After your tenant is served the Summons and Complaint forms, they have 5 days to file a response with the court. The 5 days dont include Saturdays, Sundays, or court holidays.

What is the meaning of delinquent rent?

Delinquent Rent means rent that is due and payable by a Tenant on or before the Closing Date but that has not been paid by the Closing Date.

What is the default clause in a lease agreement?

A default clause is a provision in a legal contract that states what will happen if either party in a contract defaults or fails to hold up their end of the agreement. These clauses can be found in any type of contract including loan agreements, lease agreements, and property agreements.

What is a default provision?

Most contracts have a default provision. The default provision sets forth the conditions under which one of the parties will not have fulfilled its obligations under the contract. For example, failing to deliver goods or services on time, or failing to pay on time would trigger a default.

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