We are negotiating with a Lonnie dealer.
He is asking for 60 days grace period. But it is not clear when the 60 days grace should start.
Would you offer 60 days grace?
How does this clause sound…
In the event of a vacancy of a home owned by Mr X (Lonnie Dealer), the owner will give Mr X a lot rent grace period of 60 days starting on the 1st day of the month when lot rent is due, or as soon as the vacancy is filled, whichever occurs first.