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rental provision means a provision of a surface lease or order of the board dealing with rent or compensation payable by a right holder to a landowner; Sample 1Sample 2.
Lease Termination Clause In general words, the landlord releases the tenants from any future obligations, and the tenants surrender the premises. Keep in mind that the landlord may still be able to charge an extra rent amount or fee for early termination.
A lease is a legal, binding contract outlining the terms under which one party agrees to rent property owned by another party. It guarantees the tenant or lessee use of the property and guarantees the property owner or landlord regular payments for a specified period in exchange.
Standard lease provisions that set forth landlord and tenant rights and obligations include the following clauses: The parties names: Include occupancy restrictions, and identify all parties to the lease. This includes contact information for the landlord and tenant and emergency contacts for the tenant.
Here is an example of a rent amount clause in a lease: The Tenant agrees to pay $12,000 as rent, to be paid as follows: $1,000 per month, due on the 1st day of each month. Payment of the first months rent and any security deposit is due upon the signing of this Lease by the Tenant.