Common use of Maximum Tenancy Clause in Contracts

Maximum Tenancy. The Tenant is eligible to stay in the rental unit for a maximum of four (4) calendar years from the first date of occupancy, plus the balance of any academic term that has commenced before the end of the four year period. As long as one of the adults named on the original Rental Agreement is an eligible Tenant, the tenancy is eligible to be extended to the full four year maximum. Nothing in this section is intended to alter the fact that this Rental Agreement creates a month-to-month tenancy.

Appears in 2 contracts

Sources: Rental Agreement, Rental Agreement