Common use of Bounced Check Penalty Clause in Contracts

Bounced Check Penalty. Unfortunately, there may be times when a Tenant submits a payment by check that is then refused by the issuing bank. Xxxxx will often issue a penalty when such deposits are made thus, the Landlord may declare a penalty amount to be paid by the Tenant if he or she submits a check with insufficient funds. Document the dollar amount the Landlord will charge as a penalty in this agreement. Security Deposit

Appears in 12 contracts

Samples: Employee Lease Agreement, Room Rental Agreement, Month to Month Rental Agreement

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Bounced Check Penalty. Unfortunately, there may be times when a Tenant submits a payment by check that is then refused by the issuing bank. Xxxxx will often issue a penalty when such deposits are made thus, the Landlord may declare a penalty amount to be paid by the Tenant if he or she submits a check with insufficient funds. Document the dollar amount the Landlord will charge as a penalty in this agreement. Security DepositDeposit (16)

Appears in 3 contracts

Samples: Month to Month Rental Agreement, Month to Month Rental Agreement, Room Rental Agreement

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Bounced Check Penalty. Unfortunately, there may be times when a Tenant submits a payment by check that is then refused by the issuing bank. Xxxxx Banks will often issue a penalty when such deposits are made thus, the Landlord may declare a penalty amount to be paid by the Tenant if he or she submits a check with insufficient funds. Document the dollar amount the Landlord will charge as a penalty in this agreement. Security Deposit

Appears in 2 contracts

Samples: Cattle Lease Agreement, Cattle Lease Agreement

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