Common use of COST OF RELETTING Clause in Contracts

COST OF RELETTING. If Resident moves out without rent being paid in full for the entire lease term or renewal or extension period, Owner shall use diligence to relet and Resident shall be charged for cost of reletting regardless of whether reletting attempts are successful. Since it is difficult to evaluate costs of reletting relating to inconvenience, paperwork, advertising, showing apartments, air conditioning for showing, checking prospects, office overhead, and locater service fees (all of which vary greatly), it is agreed that costs of reletting shall be $1,500.00, regardless of whether actual costs are greater or lesser. This amount shall be payable at move-out and shall liquidate Resident’s liability for expenses of reletting; but it shall not terminate Resident’s liability for past due rentals, or charges for cleaning, repairing, repainting or other sums due under this lease; and the foregoing shall not waive or diminish Owner’s right to recover such additional amounts. All subsequent rentals received shall be credited against Resident’s liability for future rentals.

COST OF RELETTING. If Resident moves out without rent being paid in full for the entire lease term or renewal or extension period, Owner shall use diligence to relet and Resident shall be charged for cost of reletting regardless of whether reletting attempts are successful. Since it is difficult to evaluate costs of reletting relating to inconvenience, paperwork, advertising, showing apartments, air conditioning for showing, checking prospects, office overhead, and locater service fees (all of which vary greatly), it is agreed that costs of reletting shall be $1,500.002,000.00, regardless of whether actual costs are greater or lesser. This amount shall be payable at move-out and shall liquidate Resident’s liability for expenses of reletting; but it shall not terminate Resident’s liability for past due rentals, or charges for cleaning, repairing, repainting or other sums due under this lease; and the foregoing shall not waive or diminish Owner’s right to recover such additional amounts. All subsequent rentals received shall be credited against Resident’s liability for future rentals.