Common use of Abandonment of Property Clause in Contracts

Abandonment of Property. Any personal property of Tenant or of any Residential Tenant, or subtenant of a Residential Tenant which shall remain on the Premises for ten (10) days after the termination of this Lease and after the removal of Tenant or such Residential Tenant, or subtenant of a Residential Tenant from the Premises, may, at the option of the FCRHA, be deemed to have been abandoned by Tenant or such Residential Tenant, or subtenant of a Residential Tenant and either may be retained by the FCRHA as its property or be disposed of, without accountability, in such manner as the FCRHA may see fit. The FCRHA shall not be responsible for any loss or damage occurring to any such property owned by Tenant or any Residential Tenant, or subtenant of a Residential Tenant.