Common use of Surrender; Holdover Clause in Contracts

Surrender; Holdover. If Tenants continue to hold possession with the consent of the Landlord after expiration of the term of this Lease, then such holding over shall not be deemed a renewal of the Lease for the whole term, but Tenants shall be deemed to be Tenants from month-to-month only, at a rate of $ monthly rent as herein provided and upon the same terms and conditions as herein specified; EXCEPT that Landlord may at its option increase the rent for such holdover period upon TEN days written notice to Tenants.

Appears in 1 contract

Sources: Residential Lease Agreement

Surrender; Holdover. If Tenants continue to hold possession with the consent of the Landlord after expiration of the term of this Lease, then such holding over shall not be deemed a renewal of the Lease for the whole term, but Tenants shall be deemed to be Tenants from month-to-month only, at a rate of $ the same monthly rent as herein provided and upon the same terms and conditions as herein specified; EXCEPT that Landlord may at its option increase the rent for such holdover period upon TEN days written notice to Tenants.

Appears in 1 contract

Sources: Residential Lease Agreement

Surrender; Holdover. If Tenants continue to hold possession with the consent of the Landlord after expiration of the term of this Lease, then such holding over shall not be deemed a renewal of the Lease for the whole entire term, but Tenants shall be deemed to be Tenants from month-to-month only, at a rate of $ the same monthly rent as herein provided and upon the same terms and conditions as herein specified; EXCEPT that Landlord may at its option increase the rent for such holdover period upon TEN days written notice to Tenants.

Appears in 1 contract

Sources: Residential Lease Agreement