Common use of Failure to Vacate Clause in Contracts

Failure to Vacate. Fulfillment of the requirements of the Resident to vacate the Premises on or before the termination date is essential in order to permit Landlord to rent and to meet the requirements of a new residency. Should Resident fail to vacate on or before the termination date, the Landlord may bring action for possession. The Resident shall be responsible for 150% of the per diem rate of monthly rent installment payments for the duration of the holdover period as provided for under Virginia Code § 55.1-1253, as amended. The Resident shall be responsible for rental payments for the duration of the holdover period. Resident shall be liable for any damages suffered by Landlord as a result of the Resident’s failure to vacate, including but not limited to: marketing costs, relocation costs, legal costs including reasonable attorney’s fees and court costs, and vendor charges.

Appears in 16 contracts

Sources: Lease Agreement, Lease Agreement, Installment Lease Agreement

Failure to Vacate. Fulfillment of the requirements of the Resident to vacate the Premises on or before the termination date is essential in order to permit Landlord to rent and to meet the requirements of a new residency. Should Resident fail to vacate on or before the termination date, the Landlord may bring action for possession. The Resident shall be responsible for 150% of the per diem rate of monthly rent installment payments for the duration of the holdover period as provided for under Virginia Code § 55.1-1253, as amended. The Resident shall be responsible for all rental payments due for the duration of the holdover period. Resident shall be liable for any damages suffered by Landlord as a result of the Resident’s failure to vacate, including but not limited to: marketing costs, relocation costs, legal costs including reasonable attorney’s fees and court costs, and vendor charges.

Appears in 8 contracts

Sources: Installment Lease Agreement, Installment Lease Agreement, Installment Lease Agreement

Failure to Vacate. Fulfillment of the requirements of the Resident to vacate the Premises on or before the termination date is essential in order to permit Landlord to rent and to meet the requirements of a new residency. Should Resident fail to vacate on or before the termination date, the Landlord may bring action for possession. The Resident shall be responsible for 150% of the per diem rate of monthly rent installment payments for the duration of the holdover period as provided for under Virginia Code § 55.155-1253248.37, as amended. The Resident shall be responsible for rental payments for the duration of the holdover period. Resident shall be liable for any damages suffered by Landlord as a result of the Resident’s failure to vacate, including but not limited to: marketing costs, relocation costs, legal costs including reasonable attorney’s fees and court costs, and vendor charges.

Appears in 2 contracts

Sources: Lease Agreement, Installment Lease Agreement