DAMAGE BY FIRE OR CASUALTY. If the Property is damaged by fire, casualty, or other cause that’s not your fault, the fault of your guests, or anyone on the Property with your consent, we will promptly repair and restore the damaged areas to their former condition as long as we can complete the repairs within 30 working days after they’re started. If repairs can’t be completed within 30 days, or if the loss isn’t covered by our insurance policies, then either of us may terminate this Lease by giving the other party a 30-day written notice. If this Lease is not terminated, we’ll adjust the rent during the restoration of the Property in proportion to the extent that you’re prevented from fully occupying it. If the Lease is terminated under these circumstances, then the remaining rent due and the amount of your Security Deposit will be computed as of the date of your vacancy. Only the damage to the Property and its structure will be repaired. We’re not liable for any damage to your personal property unless the damage was caused by our negligence, our willful conduct, or that of our employees. For example, if during a heavy snowstorm the roof collapses, the resulting damage to your personal belongings within the Property is not our responsibility unless we or our employees had been negligent or willful in our failure to maintain the structural integrity of the roof.
Appears in 6 contracts
Samples: Lease Agreement, Lease Agreement, Lease Agreement
