Joint Occupancy by Residents Sample Clauses

Joint Occupancy by Residents. 1. If you and another resident, residing in two separate residences, decide to live together, you may release either of your residences and live in the other residence, or you may release both of your residences and move into a new residence, subject to availability. No Additional Person Entrance Fee will be charged if you move in with another resident. This Agreement will remain in effect. 2. If the residence you select or the new residence has a larger entrance fee, you will be responsible for payment of the difference between the new entrance fee and your Entrance Fee recognizing the current refundable balance. Such payment shall be made on the new date of occupancy. If the new residence has a lower entrance fee, whichever entrance fee is smaller shall be refunded within thirty (30) days of the re-occupation of the unit no longer used as a residence. 3. You will pay the applicable monthly service fee and additional person monthly service fee for the jointly occupied residence. In addition, you will both sign an amendment to this Agreement which states that one or both of you have agreed to live in a different residence, and identifies the residence, Entrance Fee and Monthly Service Fee for that residence. You will be responsible for all moving costs. You will also be responsible for paying a Transfer Fee at the prevailing rate to cover the costs of refurbishing the unit. 4. If the residents are not legally married in the state of Connecticut, then the Entrance Fee shall follow the residents as if they were married.
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