Common use of Late Rent Clause in Contracts

Late Rent. If Rent is not paid within ____ days of the Due Date, the Rent shall be considered past due and a late fee of ☐ $____________ or ☐ ____ % of the Rent past due shall be applied for every ☐ day Rent is late or ☐ occurrence Rent is late. Returned Checks. In the event that a check intended as payment for Rent is dishonoured for whatever reason, the same shall be considered as Late Rent with the late fee being payable on the same. Application of payments. Whenever there are different sums owed by the Tenant to the Landlord, any payment shall be applied first to those obligations other than rent including but not limited to association/community dues, Late Fee, repairs chargeable to the Tenant, and other charges notwithstanding any notations or specifications made by the Tenant on the application of any payment paid to the landlord. Rent Increases. The Rent payable shall not be increased or otherwise modified during the Term of this Lease. Any increase in Rent shall only take effect after the expiration of the Term provided in this Lease. Any increase in Rent to take effect upon renewal or extension of the Term of this Lease must be preceded by a - day notice of the same from the Landlord to the Tenant.

Appears in 22 contracts

Samples: Month Rental Agreement, Month Rental Agreement, Month Rental Agreement

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Late Rent. If Rent is not paid within ____ days of the Due Date, the Rent shall be considered past due and a late fee of ☐ $____________ or ☐ ____ % of the Rent past due shall be applied for every ☐ day Rent is late or ☐ occurrence Rent is late. Returned Checks. In the event that a check intended as payment for Rent is dishonoured dishonored for whatever reason, the same shall be considered as Late Rent with the late fee being payable on the same. Application of paymentsPayments. Whenever there are different sums owed by the Tenant Tenant(s) to the Landlord, any payment shall be applied first to those obligations other than rent Rent including but not limited to association/community dues, Late Fee, repairs chargeable to the TenantTenant(s), and other charges notwithstanding any notations or specifications made by the Tenant Tenant(s) on the application of any payment paid to the landlord. Rent Increases. The Rent payable shall not be increased or otherwise modified during the Term of this Lease. Any increase in Rent shall only take effect after the expiration of the Term provided in this Lease. Any increase in Rent to take effect upon renewal or extension of the Term of this Lease must be preceded by a - day notice of the same from the Landlord to the TenantTenant(s).

Appears in 1 contract

Samples: Month Rental Agreement

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Late Rent. If Rent is not paid within ____ days of the Due Date, the Rent shall be considered past due and a late fee of ☐ $____________ or ☐ ____ % of the Rent past due shall be applied for every ☐ day Rent is late or ☐ occurrence Rent is late. Returned Checks. In the event that a check intended as payment for Rent is dishonoured dishonored for whatever reason, the same shall be considered as Late Rent with the late fee being payable on the same. Application of paymentsPayments. Whenever there are different sums owed by the Tenant to the Landlord, any payment shall be applied first to those obligations other than rent including but not limited to association/community dues, Late Fee, repairs chargeable to the Tenant, and other charges notwithstanding any notations or specifications made by the Tenant on the application of any payment paid to the landlord. Rent Increases. The Rent payable shall not be increased or otherwise modified during the Term of this Lease. Any increase in Rent shall only take effect after the expiration of the Term provided in this Lease. Any increase in Rent to take effect upon renewal or extension of the Term of this Lease must be preceded by a - day notice of the same from the Landlord to the Tenant.

Appears in 1 contract

Samples: Month Rental Agreement

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