Residential Rental Property Sample Clauses

Residential Rental Property. The Borrower hereby represents, as of the date hereof, and covenants, warrants and agrees as follows:
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Residential Rental Property. The Borrower hereby acknowledges and agrees that the Project will be owned, managed and operated as a “qualified residential rental project” (within the meaning of Section 142(d) of the Code) until the expiration of the Qualified Project Period. To that end, and for the term of this Regulatory Agreement, the Borrower hereby represents, as of the date hereof, and covenants, warrants and agrees as follows:
Residential Rental Property. Notwithstanding anything contained in this Mortgage to the contrary, if the Mortgaged Premises are occupied or are used as a residential rental property, the Mortgagor represents and warrants to the Mortgagee that with respect to the Mortgaged Premises, except as permitted under laws applicable to residential housing: no demolition, conversion, renovation, repair or severance has taken place with respect to any part of the Mortgaged Premises;
Residential Rental Property. The “Residential Rental Property” is the residential rental home or residential rental unit for which the Landlord and Tenant have a rental arrangement pursuant to a Lease. See Article 3, Paragraph B for more detailed information on the Residential Rental Property.
Residential Rental Property. The Owner hereby represents, covenants, warrants and agrees as follows:
Residential Rental Property. The Authority and the Borrower hereby declare their understanding and intent that, during the term of this Agreement, each Project is to be owned, managed and operated, as a “project for residential rental property” as such phrase is utilized in Section 142(d) of the Code and as a “qualifying housing development” as defined in Section 159.603(6), Florida Statutes. To that end, the Borrower hereby represents, covenants, warrants and agrees separately with respect to each Project that:
Residential Rental Property. The lessee pays a deposit to the lessor at the beginning of the lease and returns it when the property is returned to the landlord. The deposit may be forthlosing if the tenant cancels the lease or eviction. It can be deducted if there is damage at the end of the lease, except for normal wear and wear. State maximum ($) Return of alabama statute 1 month rent 60 days end date and possession delivery § 35-9A-201 Alaska 2 month rent 14 days if tenant leaves on time, 30 days, unless § 34.03.070 Arizona 1.5 month rent 14 days after the removal check (except. weekends and public holidays) § 33-1321 Arkansas 2 months rent 60 days after the termination of the tenancy § 00-00-000, § 00-00-000 California 2 month rent (unfurnished) , 3 months rent (furnished) 60 days from the date of removal 1950.5 Colorado limit No 1 month , if mentioned in the lease, 2 months, if not § 00- 00-000 &xxx; § 00-00-000 Connecticut 1 month rent is 62 years or older, 2 months rent, if the younger 30 days from the date of the move or 15 days after receiving the tenant's new address § 47a-21 Delaware 1 month rent for 1 year rental. No limit to everyone else. 20 days from the end date Section 25§ 5514 Florida No restriction 30 days, if deductions, 15 days if there are no deductions in Section 83.49(3)(a) Georgia No 1 month from the end date § 44-7-34 Hawaii 1 month's rent (excluding pet fee) 14 days from the end date § 521-44 Idaho No 30 days, if stated in the lease agreement, 21 days if not § 0-000 Xxxxxxxx No restriction for 30 days if deductions , 45 days if no deductions 765 ILCS 710 Indiana No
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Residential Rental Property. The Purchaser hereby acknowledges and agrees that during the Term of this Condominium Agreement: The Property shall at all times be used as Residential Rental Property, provided, however, the foregoing prohibition shall not prohibit (i) the construction of any new improvements on any Unused Property which will contain Units which may be subject to a Condominium Conversion, or (ii) following a casualty that results in the destruction of all or any portion of the Improvements existing on the date of this Condominium Agreement, the construction of any new improvements on the Property which will contain Units which may be subject to a Condominium Conversion in replacement of such damaged Improvements, provided that damaged Improvements shall be razed to below grade prior to the construction of any new improvements. Purchaser shall not undertake a Condominium Conversion. No part of the Property will at any time be owned or used as a cooperative housing corporation or stock corporation. The Purchaser hereby covenants to include (which may be accomplished by reference to the recording information for this Condominium Agreement) the requirements and restrictions contained in this Condominium Agreement in any documents transferring any interest (other than a leasehold interest to an individual tenant) in the Property to another person to the end that such transferee had notice of, and is bound by, the requirements and restrictions hereof, and to obtain the agreement from any transferee in the form of Exhibit I attached hereto (the “Assumption Agreement”) requiring said transferee to abide to all the requirements and restrictions contained in this Condominium Agreement. The preceding sentence is subject to 0 hereof.
Residential Rental Property. The Purchaser hereby acknowledges and agrees that during the Term of this Condominium Agreement:

Related to Residential Rental Property

  • Property Insurance Building Improvements and Rental Value 9.2.1 Lessor shall obtain and keep in force a policy or policies of insurance in the name of Lessor, with loss payable to Lessor, any ground-lessor, and to any Lender insuring loss or damage to the Premises. The amount of such insurance shall be equal to the full insurable replacement cost of the Premises, as the same shall exist from time to time, or the amount required by any Lender, but in no event more than the commercially reasonable and available insurable value thereof. If the coverage is available and commercially appropriate, such policy or policies shall insure against all types of direct physical loss or damage (except the perils of flood and/or earthquake unless required by a Lender), including coverage for debris removal and the enforcement of any Applicable Requirements requiring the upgrading, demolition, reconstruction or replacement of any portion of the Premises as the result of a covered loss. Said policy or policies shall also contain an agreed valuation provision in lieu of any coinsurance clause, waiver of subrogation, and inflation guard protection causing an increase in the annual property insurance coverage amount by a factor of not less than the adjusted U.S. Department of Labor Consumer Price Index for All Urban Consumers for the city nearest to where the Premises are located. Lessee Owned Alterations and Utility Installations, Trade Fixtures, and Lessee’s personal property shall be insured by Lessee not by Lessor unless the item in question has become the property of Lessor under the terms of this Lease.

  • Location of Real Property and Leased Premises (a) Schedule 3.20(a) lists completely and correctly as of the Closing Date all real property owned by the Borrower and the Subsidiaries and the addresses thereof. The Borrower and the Subsidiaries own in fee all the real property set forth on Schedule 3.20(a).

  • Access to Leased Premises Landlord may enter the Leased Premises after business hours, upon twenty-four (24) hour notice to Tenant (and at any time and without notice in case of emergency), for the purposes of (a) inspect the Leased Premises, (b) exhibiting the Leased Premises to prospective purchasers, lenders or, within one hundred eighty (180) days of the end of the Term, prospective, (c) determining whether Tenant is complying with all of its obligations hereunder, (d) supplying janitorial service and any other services to be provided by Landlord to Tenant hereunder, (e) post notices of non-responsibility, and (f) make repairs required of Landlord under the terms hereof or repairs to any adjoining space or utility services or make repairs, alterations or improvements to any other portion of the Building. For such purposes, Landlord shall at all times have and retain a key with which to unlock all of the doors in, on or about the Leased Premises (excluding Tenant’s vaults, safes, storage facilities for sensitive materials, confidential patient files and similar areas designated in writing by Tenant in advance); and Landlord shall have the right to use any and all means which Landlord may deem proper to open said doors in any emergency in order to obtain entry to the Leased Premises. If, as a result of any such inspection or for any reason, Landlord reasonably determines that Tenant has failed to meet its obligations under Section 5.2 hereof, Landlord shall so notify Tenant and Tenant shall immediately commence to cure any such failure. In the event Tenant refuses or neglects to commence and complete such cure within a reasonable time, Landlord may make or cause to be made such repairs. In such event, Landlord’s cost to make such repairs shall constitute an Advance.

  • Leased Property Upon and subject to the terms and conditions hereinafter set forth, Landlord leases to Tenant and Tenant leases from Landlord all of Landlord's right, title and interest in and to all of the following (collectively, the "Leased Property"):

  • Landlord’s Property All Alterations, improvements, fixtures, equipment and/or appurtenances which may be installed or placed in or about the Premises, from time to time, shall be at the sole cost of Tenant and shall be and become the property of Landlord; provided, however, Landlord may, by written notice to Tenant prior to the end of the Lease Term, or given following any earlier termination of this Lease, require Tenant, at Tenant’s expense, to remove any Alterations or improvements and to repair any damage to the Premises and Building caused by such removal and return the affected portion of the Premises to their condition existing prior to the installation of such Alterations or improvements or, at Landlord’s election, to a building standard tenant improved condition as determined by Landlord; provided; however, that notwithstanding the foregoing, upon request by Tenant at the time of Tenant’s request for Landlord’s consent to any Alteration or improvement, Landlord shall notify Tenant whether the applicable Alteration or improvement will be required to be removed pursuant to the terms of this Section 8.5. If Tenant fails to complete such removal and/or to repair any damage caused by the removal of any Alterations or improvements in the Premises and return the affected portion of the Premises to their condition existing prior to the installation of such Alterations or improvements or, if elected by Landlord, to a building standard tenant improved condition as determined by Landlord, prior to the expiration or earlier termination of this Lease, then Rent shall continue to accrue under this Lease in accordance with Article 16, below, after the end of the Lease Term until such work shall be completed, and Landlord shall have the right, but not the obligation, to perform such work and to charge the cost thereof to Tenant. Tenant hereby protects, defends, indemnifies and holds Landlord harmless from any liability, cost, obligation, expense or claim of lien, including but not limited to, court costs and reasonable attorneys’ fees, in any manner relating to the installation, placement, removal or financing of any such Alterations, improvements, fixtures and/or equipment in, on or about the Premises, which obligations of Tenant shall survive the expiration or earlier termination of this Lease.

  • Sublease Premises On and subject to the terms and conditions below, Sublandlord hereby leases to Subtenant, and Subtenant hereby leases from Sublandlord, the Sublease Premises.

  • Leased Premises Lessor hereby leases to Lessee, and Lessee leases and takes from Lessor, the Leased Premises subject to the conditions of this Lease.

  • Premises defective, dangerous or unsafe condition of the facilities; falls; collisions with objects, walls, equipment or persons; dangerous, unsafe, or irregular conditions on floors, ice, or other surfaces, extreme weather conditions; travel to and from premises.

  • Premises Building Project and Common Areas 1.1 Premises, Building, Project and Common Areas.

  • Subleased Premises Sublandlord hereby subleases to Subtenant and Subtenant hereby subleases from Sublandlord for the term, at the rental, and upon all of the conditions set forth herein, the Subleased Premises.

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