Common use of LEASE RENEWAL Clause in Contracts

LEASE RENEWAL. It is hereby expressly agreed that Lessee will give a minimum of sixty (60) days written notice before expiration of this lease as to Lessee’s intention to renew lease or to vacate premises at end of the lease. Is it agreed that if Lessee has not given proper notice to vacate and has refused or otherwise failed to sign the lease, Lessor may at its option evict Lessee or allow Lessee to be considered as “holding over” in a new lease period, in which event Lessee will be bound as if by a lease. If Lessor is not notified in writing at least sixty (60) days in advance of the intent to move the mobile home and if the mobile home is not moved on or before May 1st of the current year, Lessee must pay the entire lease term in advance. Lessor will attempt to rent said lot with due diligence and upon renting said lot will refund to Lessee any unused portion of rent for the remaining rental term.

Appears in 5 contracts

Samples: Lot Lease Agreement, Lot Lease Agreement, 2020 Lot Lease Agreement

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