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Addendum prohibiting short term subletting or rental

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6. ADDENDUM PROHIBITING SHORT-TERM SUBLETTING OR RENTAL M 7. RESIDENT LIABILITY. You are responsible for and shall be held liable for any and all losses damages and/or fines that we incur as a result of your violations of the terms of this Addendum or the Lease Contract. R 1. DWELLING UNIT DESCRIPTION. Unit No. Alabama zip code. Without limiting the prohibition in the Lease on subletting and assignment and without limiting any of our rights or remedies this Addendum to the Lease further supplem ...

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What is the addendum to the tenancy agreement?

An addendum to a tenancy agreement is an extra document that is added to the original tenany agreement. It contains additional provisions that the landlord and tenant have agreed on. This might include things like extra rules, changes to the tenancy, or even an extension of the tenancy.

What is an example of a sublease clause?

Tenants shall not assign or sublet any part of the leased premises without prior written consent of Landlord, and no person shall occupy the premises except Tenants. Subletting does not release any Tenants or Co-signers from Lease Agreement terms, including paying rent.

What is the clause 10 prohibition of assignment and subletting?

Tenant shall not have the right to assign, sublet, transfer or encumber this Lease, or any interest therein, without the prior written consent of Landlord.

What is the legal term for subletting?

A sublease is a lease by the lessee of an estate to a third person, conveying all or part of the estate for a shorter term than that for which the lessee holds originally. A sublease is a new contract between the lessee and the sublessee.

What is an assignment or subletting clause?

This clause prohibits the tenant from assigning or subletting all or any portion of its space without the consent of the landlord, which can be withheld by the landlord for any or no reason.

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What is an example of a no subletting clause?

No subletting clause samples 04. No Subletting. Lessee shall not sublet any or all of the Properties without the prior written consent of Lessor, which consent shall not be unreasonably withheld, conditioned or delayed.

What is the subletting allowed clause?

The Tenant(s) shall: ☐ - Have the right to sub-let the Premises or any part thereof without the prior written consent of the Landlord. ☐ - Have the right to sub-let the Premises or any part thereof only AFTER written consent from the landlord ☐ - Does not have the right to sub-let the premises or any part thereof.

What is subletting and why is it important to look at that clause in the lease?

Tenants generally sublease their unit if a roommate recently moved out or theyre planning on moving out before the lease term expires and dont want to cover the rent. Lease agreements generally include a sublease clause that outlines whether or not its permitted and what steps to take before finding a new tenant.

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