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Example of clause regarding Holdover of property by Tenant. A hold-over clause in a commercial lease typically provides that if a tenant remains in possession of the leased premises after the expiration
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What is holdover clause
A holdover clause is a provision in a lease that outlines the terms under which a tenant may remain in the rental property after the lease has expired.
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Who needs holdover clause template?
Explore how professionals across industries use pdfFiller.
Holdover clause template is needed by:
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Landlords seeking to protect their property rights.
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Tenants wanting to understand their responsibilities after lease expiration.
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Real estate professionals managing rental agreements.
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Lawyers drafting or reviewing lease agreements.
How to fill out the holdover clause template
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1.Start by accessing pdfFiller and upload the document you need.
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2.Locate the section of the lease where the holdover clause is to be inserted.
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3.Fill in the name of the parties involved, including the landlord and tenant.
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4.Specify the duration for which the tenant may holdover after the lease ends.
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5.Outline any rent adjustments applicable during the holdover period, if any.
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6.Include any necessary conditions or penalties related to the holdover.
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7.Review the filled information for accuracy and completeness.
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8.Finalize the document and save it as completed accordingly.
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