MALICIOUS DAMAGE BY TENANT Sample Clauses
The 'Malicious Damage by Tenant' clause defines the tenant's responsibility for any intentional or reckless damage they cause to the property. This clause typically requires tenants to repair or pay for repairs to any damage resulting from their deliberate actions, such as vandalism or destruction of fixtures, rather than normal wear and tear. Its core function is to protect the landlord's property by holding tenants accountable for purposeful harm, thereby deterring such behavior and ensuring the property is maintained in good condition.
MALICIOUS DAMAGE BY TENANT. We shall pay for Your loss or damage to Your Building caused by malicious act of Your tenant up to the limit stated in the Schedule during the Period of Insurance. However, we will not pay for loss or damage resulting from:
(a) Wear and tear of Your Building; or
(b) Poor housekeeping by Your tenant or a member of their immediate family or Your tenant’s invitees; or
(c) Cost of cleaning, re-decorating, painting or wall-papering unless physical structure damage has occurred to Your Building.