MALICIOUS DAMAGE CLAUSE Sample Clauses

A Malicious Damage Clause defines the responsibilities and liabilities of parties in the event that property is intentionally damaged by a third party or an individual with malicious intent. Typically, this clause outlines whether the landlord or tenant is responsible for repairs, and may specify procedures for reporting and addressing such incidents, such as requiring prompt notification and cooperation with law enforcement. Its core function is to allocate risk and clarify financial responsibility for intentional, harmful acts, thereby preventing disputes and ensuring that both parties understand their obligations if malicious damage occurs.