chrisj1123
Junior Member
What is the name of your state (only U.S. law)? North Carolina
Can someone explain this a little better to me?
In the event the lessees shall fail to pay the monthly payment of rent as and when the same shall hereafter become due, or neglect to do and preform any matter or thing herein required of it, or violate any of the terms and conditions of this agreement, and remain in default or violation for a period of ten days after written notice thereof is mailed by the lessor to the lessees, then the lessor shall have the right and option to declare this lease terminated and canceled and have the right to reposses said property.
I am not sure if they have to be in default for 30 days before I can send written notification or if they don't pay it on the due date.
Any help explaining this please.
Can someone explain this a little better to me?
In the event the lessees shall fail to pay the monthly payment of rent as and when the same shall hereafter become due, or neglect to do and preform any matter or thing herein required of it, or violate any of the terms and conditions of this agreement, and remain in default or violation for a period of ten days after written notice thereof is mailed by the lessor to the lessees, then the lessor shall have the right and option to declare this lease terminated and canceled and have the right to reposses said property.
I am not sure if they have to be in default for 30 days before I can send written notification or if they don't pay it on the due date.
Any help explaining this please.