Request your tenant’s new mailing address for returning thesecurity deposit(if there are nodamages or rent left unpaid). Be aware that there may belaws/regulations regarding the security deposit. Finally, thank your tenant for renting from you, followed by your signature and printed full name....
(c) In the event that the Seller shall be required to pay liquidated damages to the Purchaser pursuant to Section 9.3(b) and/or pursuant to Section 16.7(b), and the Seller fails to make any such payments of damages when due, then the Purchaser shall be entitled to draw or collect ...
credit, then Landlord shall have the right to draw the full amount of such letter of credit and to hold such amount as part of the Security Deposit pursuant to Section 4.3 of this Lease. Upon any default by Tenant, including specifically Tenant’s failure to pay rent or to abide by its...
A demand letter for rent is sometimes called aneviction notice, especially when previous such letters have been sent to the tenant with no results. The landlord, who is the sender, provides the tenant or recipient with a specified number of days to pay the due rent. If they don’t, they...
Seven things businesses need to know Absent specific provisions to the contrary (which would be unusual in the context of a typical commercial lease transaction), a security deposit, whether in the form of cash or the proceeds of a letter of credit, is not liquidated damages for a tenant's...
Collection Demand Letter for Rental Due Mr. Z has been a tenant living on my property as per our rental agreement, appended herein, which stipulates that a monthly payment to the sum of $___, on or before the 1st day of each month, shall be made by Mr. Z to myself for the month...
Within 45 days after the end of the tenancy, the landlord shall return the security deposit to the tenant together with simple interest which has accrued at the daily U.S. Treasury yield curve rate for 1 year, as of the first business day of each year, or 1.5 , whichever is greater, ...
governmental department, agency or unit; (iii) a complete "As-Built" ALTA/ACSM final survey of the Project complying with EXHIBIT "B" attached hereto; (iv) a rent roll and copies of all leases for the Project; and (v) tenant estoppel certificates in form and substance acceptable to ...
Letter of CreditIn addition to the Security Deposit and as security hereunder, Tenant shall deliver to Landlord, concurrently with Tenant’s execution of this Lease, an irrevocable stand-by letter of credit in the amount of One Hundred Sixty Six Thousand Two Hundred Twenty-Nine Dollars ($166,22...
if the amount of any such draw(s) shall ultimately exceed the amount of damages actually incurred by Landlord as the result of Tenant’s default (as determined pursuant to the applicable provisions of Article XIV of this Lease), then Landlord shall promptly refund any such excess to Tenant....