Common use of FLAT RATE DAMAGE CHARGES Clause in Contracts

FLAT RATE DAMAGE CHARGES. a. Ithaca Renting Company returns the unused portion of damage deposits by mail within fourteen days after the Lease end date or the last occupant vacates, whichever is later. Payment is in the form of a check payable to the Tenant. Checks cannot be issued to parents or other third parties. Refunds are made by check only.