Common use of Lease Fee Clause in Contracts

Lease Fee. The monthly lease payment for the property will be $ due and payable on the first day of each month to the Lessor by either of the 2 following methods: Depositing on our behalf at Kennebec Savings Bank, or ACH withdrawal handled by Lessor. There are specific important directions for both payment types which are included as part of lease package. We do not collect rent or accept it by mail. It is expected that rent will be paid on or before the first of the month unless you have made previous arrangements for an alternate date. If the first of the month falls on a holiday or day when Kennebec Savings Bank is closed, it expected that rent is paid in a manner that it is received by Lessor on or before the first of the month. Failure to pay rent when due will be considered a breach of this Lease and will lead to an eviction. In the event of a default under any provision of this Lease, Lessee shall be liable for the entire lease fee, subject to Lessor’s duty to mitigate, and except as provided elsewhere in this Lease. The Lessor can refuse to allow the Lessee to continue tenancy of the unit after the end of each lease term. If Lessor notifies Lessee in writing of its intent not to renew this lease, and such notice is made more than 30 days in advance of the expiration of the initial term, no holdover shall be permitted. Lessee shall vacate the premises by noon at the expiration of the initial term, or be subject to an action for forcible entry and detainer without notice, if said action is commenced within 7 days from the expiration or forfeiture of the term, pursuant to 14 M.R.S.A. § 6001(1). If Lessor permits Lessee to hold over beyond the initial term, either by silence or acquiescence, this Lease shall automatically renew for successive one-month periods until terminated by one of the parties. Termination of this month-to-month lease extension may be for any reason and may be upon 30 (thirty) calendar days’ written notice. Lessor will provide Lessee a minimum of 45 day’s notice regarding any changes to the monthly rental charge or modifications to the terms of the lease. This agreement shall automatically terminate on the first day of any month following the death of the Lessee. If more than one Lessee, this provision shall apply only upon the death of the last surviving Lessee.

Appears in 1 contract

Samples: Residential Lease Agreement

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Lease Fee. The monthly lease payment for the property will be $ due and payable on the first day of each month to the Lessor by either of the 2 following methods: Depositing on our behalf at Kennebec Savings Bank, or ACH withdrawal handled by Lessorvia eRentPayment. There are specific important directions for both payment types which are included as part of lease packagewith this lease. We do not collect rent or accept it by mailWE DO NOT COLLECT RENT OR ACCEPT IT BY MAIL. It is expected that rent will be paid on or before the first of the month unless you have made previous arrangements for an alternate date. If the first of the month falls on a holiday or day when Kennebec Savings Bank is closed, it expected that rent is paid in a manner that it is received by Lessor on or before the first of the monthIT IS EXPECTED THAT RENT WILL BE PAID ON OR BEFORE THE FIRST OF THE MONTH UNLESS YOU HAVE MADE PREVIOUS ARRANGEMENTS FOR AN ALTERNATE DATE. Failure to pay rent when due will be considered a breach of this Lease and will lead to an eviction. In the event of a default under any provision of this Lease, Lessee shall be liable for the entire lease fee, subject to LessorXxxxxx’s duty to mitigate, and except as provided elsewhere in this Lease. The Lessor can refuse to allow the Lessee to continue tenancy of the unit resident after the end of each lease term. If Lessor notifies Lessee in writing of its intent not to renew this lease, and such notice is made more than 30 days in advance of the expiration of the initial term, no holdover shall be permitted. Lessee shall vacate the premises by noon at the expiration of the initial term, or be subject to an action for forcible entry and detainer without notice, if said action is commenced within 7 days from the expiration or forfeiture of the term, pursuant to 14 M.R.S.A. § 6001(1). If Lessor permits Lessee to hold over beyond the initial term, either by silence or acquiescence, this Lease shall automatically renew for successive one-month periods until terminated by one of the parties. Termination of this month-to-month lease extension may be for any reason and may be upon 30 (thirty) calendar days’ written notice. Lessor will provide Lessee a minimum of 45 day’s notice regarding any changes to the monthly rental charge or modifications to the terms of the lease. This agreement shall automatically terminate on the first day of any month following the death of the Lessee. If more than one Lessee, this provision shall apply only upon the death of the last surviving LesseeXxxxxx.

Appears in 1 contract

Samples: Residential Lease Agreement

Lease Fee. The monthly lease payment for the property will be $ $____ due and payable on the first day of each month to the Lessor by either of the 2 following methods: Depositing on our behalf at Kennebec Savings Bank, or ACH withdrawal handled by Lessor. There are specific important directions for both payment types which are included as part of lease package. We do not collect rent or accept it by mail. It is expected that rent will be paid on or before the first of the month unless you have made previous arrangements for an alternate date. If the first of the month falls on a holiday or day when Kennebec Savings Bank is closed, it expected that rent is paid in a manner that it is received by Lessor on or before the first of the month. Failure to pay rent when due will be considered a breach of this Lease and will lead to an eviction. In the event of a default under any provision of this Lease, Lessee shall be liable for the entire lease fee, subject to Lessor’s duty to mitigate, and except as provided elsewhere in this Lease. The Lessor can refuse to allow the Lessee to continue tenancy of the unit after the end of each lease term. If Lessor notifies Lessee in writing of its intent not to renew this lease, and such notice is made more than 30 days in advance of the expiration of the initial term, no holdover shall be permitted. Lessee shall vacate the premises by noon at the expiration of the initial term, or be subject to an action for forcible entry and detainer without notice, if said action is commenced within 7 days from the expiration or forfeiture of the term, pursuant to 14 M.R.S.A. § 6001(1). If Lessor permits Lessee to hold over beyond the initial term, either by silence or acquiescence, this Lease shall automatically renew for successive one-month periods until terminated by one of the parties. Termination of this month-to-month lease extension may be for any reason and may be upon 30 (thirty) calendar days’ written notice. Lessor will provide Lessee a minimum of 45 day’s notice regarding any changes to the monthly rental charge or modifications to the terms of the lease. This agreement shall automatically terminate on the first day of any month following the death of the Lessee. If more than one Lessee, this provision shall apply only upon the death of the last surviving Lessee.

Appears in 1 contract

Samples: Residential Lease Agreement

Lease Fee. The monthly lease payment for the property will be $ due and payable on the first day of each month to the Lessor by either of the 2 following methods: Depositing on our behalf at Kennebec Savings Bank, or ACH withdrawal handled by Lessorvia eRentPayment. There are specific important directions for both payment types which are included as part of lease package. We do not collect rent or accept it by mail. It is expected that rent will be paid on or before the first of the month unless you have made previous arrangements for an alternate date. If the first of the month falls on a holiday or day when Kennebec Savings Bank is closed, it expected that rent is paid in a manner that it is received by Lessor on or before the first of the month. Failure to pay rent when due will be considered a breach of this Lease and will lead to an eviction. In the event of a default under any provision of this Lease, Lessee shall be liable for the entire lease fee, subject to Lessor’s duty to mitigate, and except as provided elsewhere in this Lease. The Lessor can refuse to allow the Lessee to continue tenancy of the unit resident after the end of each lease term. If Lessor notifies Lessee in writing of its intent not to renew this lease, and such notice is made more than 30 days in advance of the expiration of the initial term, no holdover shall be permitted. Lessee shall vacate the premises by noon at the expiration of the initial term, or be subject to an action for forcible entry and detainer without notice, if said action is commenced within 7 days from the expiration or forfeiture of the term, pursuant to 14 M.R.S.A. § 6001(1). If Lessor permits Lessee to hold over beyond the initial term, either by silence or acquiescence, this Lease shall automatically renew for successive one-month periods until terminated by one of the parties. Termination of this month-to-month lease extension may be for any reason and may be upon 30 (thirty) calendar days’ written notice. Lessor will provide Lessee a minimum of 45 day’s notice regarding any changes to the monthly rental charge or modifications to the terms of the lease. This agreement shall automatically terminate on the first day of any month following the death of the Lessee. If more than one Lessee, this provision shall apply only upon the death of the last surviving Lessee.

Appears in 1 contract

Samples: Residential Lease Agreement

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Lease Fee. The monthly lease payment for the property will be $ due and payable on the first day of each month to the Lessor by either of the 2 following methods: Depositing on our behalf at Kennebec Savings Bank, or ACH withdrawal handled by Lessorvia eRentPayment. There are specific important directions for both payment types which are included as part of lease package. We do not collect rent or accept it by mail. It is expected that rent will be paid on or before the first of the month unless you have made previous arrangements for an alternate date. If the first of the month falls on a holiday or day when Kennebec Savings Bank is closed, it expected that rent is paid in a manner that it is received by Lessor on or before the first of the month. Failure to pay rent when due will be considered a breach of this Lease and will lead to an eviction. In the event of a default under any provision of this Lease, Lessee shall be liable for the entire lease fee, subject to LessorXxxxxx’s duty to mitigate, and except as provided elsewhere in this Lease. The Lessor can refuse to allow the Lessee to continue tenancy of the unit resident after the end of each lease term. If Lessor notifies Lessee in writing of its intent not to renew this lease, and such notice is made more than 30 days in advance of the expiration of the initial term, no holdover shall be permitted. Lessee shall vacate the premises by noon at the expiration of the initial term, or be subject to an action for forcible entry and detainer without notice, if said action is commenced within 7 days from the expiration or forfeiture of the term, pursuant to 14 M.R.S.A. § 6001(1). If Lessor permits Lessee to hold over beyond the initial term, either by silence or acquiescence, this Lease shall automatically renew for successive one-month periods until terminated by one of the parties. Termination of this month-to-month lease extension may be for any reason and may be upon 30 (thirty) calendar days’ written notice. Lessor will provide Lessee a minimum of 45 day’s notice regarding any changes to the monthly rental charge or modifications to the terms of the lease. This agreement shall automatically terminate on the first day of any month following the death of the Lessee. If more than one Lessee, this provision shall apply only upon the death of the last surviving LesseeXxxxxx.

Appears in 1 contract

Samples: Residential Lease Agreement

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