Common use of Unit Leases Clause in Contracts

Unit Leases. a. No Unit shall be leased or occupied without a lease. Each Unit shall have only one lease at any one time. Each lease shall include a clear reference to this Deed Restriction and a brief summary of this Deed Restriction, including the remedies upon a violation or breach of this Deed Restriction. b. Nothing herein shall prevent the Owner from terminating the lease of a Qualified Household, or taking any other legal action against the Qualified Household based upon any tenant's breach of the terms of the lease; provided that if a tenant misrepresents their status as a Qualified Resident, Owner shall terminate the lease in addition to any other available remedies.

Appears in 2 contracts

Sources: Development Improvement Agreement, Development Improvement Agreement