- 11 - The rental contract did not specify the length of the agreement. Residents intending to terminate occupancy were required to give 120 days' notice and were obligated to pay the rent for that period even if they vacated the premises prior to the end of the 120-day period, unless a new tenant rented the unit within that time. Residents transferring to the health-care center were required to give only 60 days' notice. Petitioner had the right to evict an apartment resident on demand for failure to keep financial accounts current. If a resident was disruptive, created an undue hazard to himself or others, or failed to abide by the rules and regulations of Highland Farms, petitioner had the right to terminate the rental agreement. Should the resident's physical or mental condition become such that continued occupancy of the apartment would pose a hazard to the resident or others, petitioner, in consultation with its medical staff and the resident's family, would attempt to find suitable accommodation in the lodge, health-care center, or elsewhere. The agreement would terminate in the event of destruction of the building rendering the apartment uninhabitable, except the agreement would not terminate if petitioner opted to repair the building and provided the resident with accommodations during the repair period. According to the rental contract, the entry fee was deemed to have been earned by petitioner: Ten (10%) percent at the time the Tenant takes occupancy of the Unit. Ten (10%) percent during the first year of occupancy,Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011