Common use of Lease Rate Clause in Contracts

Lease Rate. Tenant hereby agrees to pay to Landlord, as rent for the above described term, the total sum of $ , in periodic installments of $ upon execution of this Lease,$ on , and $ per month on the FIRST day of each month thereafter. Rent shall be paid in a single check or money order made out to . It is important to include the tenant code of on all payments. Landlord will charge a fee of $5.00 for each additional check tendered each month. Rent that is mailed shall not be considered paid until actually received by Landlord. Security Deposit/Notices. Prior to , , Tenant shall deposit with Landlord the sum of $ _ which sum shall be held by Landlord as a Security Deposit as provided under Michigan law. In no case is Landlord obligated to apply this deposit to rent or other charges in arrears, but may do so at his option. Unless otherwise provided by statute, all communications with Landlord regarding the security deposit hereunder or any other matter related to this Lease shall be hand delivered or mailed by certified mail, return receipt requested, to Landlord at the address set forth at the bottom of this page, and shall be complete upon receipt by Landlord. Checks tendered to settle disputed accounts shall be addressed to “Dis- puted Accounts” at Landlord’s address below. The Security Deposit shall be deposited at: Bank of Xxx Arbor, 000 Xxxxx Xxxxx Xxx Xxxxx, XX 00000 Parking/Furniture. Tenant shall be entitled to parking space(s). Availability Not Guaranteed. The premises are Furnished Unfurnished

Lease Rate. Tenant hereby Xxxxxx agrees to pay to Landlord, as rent for the above described term, the total sum of $ , in periodic installments of of: $ upon execution of this Lease,$ Lease’$ on , and $ per month on the FIRST day of each month thereafter. Rent shall be paid in a single check made payable to , and mailed or money order made out delivered to Landlord at 0000 Xxxxxx Xxxxxx, #X0, Xxx Xxxxx, XX 00000. It is important to include the tenant code of on all payments. Landlord will charge a an administrative fee of $5.00 per check for each additional addi- tional check tendered as partial payment of rent/other charges each month. Rent that is mailed shall is not be considered paid until actually received by Landlord. Security Deposit/Notices. Prior to , , Tenant shall deposit with Landlord the sum of $ _ which sum shall be held by Landlord as a Security Deposit Deposit, as provided under Michigan law. In no case is Landlord in not obligated to apply this deposit to rent or other charges in arrears, but may do so at his its’ option, with notice to the Tenant. Unless otherwise provided by statute, all communications with from Tenant to Landlord regarding the security deposit hereunder or any other matter matters related to this Lease shall be hand delivered or mailed by certified mail, return receipt requested, to Landlord at the address set forth at the bottom of this pagead- dress above, and shall be complete upon receipt by Landlord. Checks tendered to settle disputed accounts shall be addressed to “Dis- puted AccountsDisputed Ac- counts” at Landlord’s address belowabove. The Security Deposit shall be deposited at: Bank of Xxx Arbor, 000 Xxxxx Xxxxx Xxx Xxxxx, XX 00000 Landlord will provide inventory checklists to Tenant at the beginning of occupancy. Tenant must note the condition of the unit and its furnish- ings on the checklist and return it to Landlord within 7 days of taking possession of the leased premises. Tenant is entitled to receive a copy of the ending inventory checklist from the immediately preceding Tenant which describes the charges against that Xxxxxx’s security deposit. Landlord may use the security deposit for: 1) actual damages that are the result of conduct not reasonably expected in the normal course of habitation of the dwelling; 2) past due rent and the rent due for premature termination of the Lease; and 3) utility bills not paid by Tenant for which Tenant was re- sponsible. Within 30 days of the date Landlord becomes aware the Tenant has vacated the leased premises, if Tenant has provide a forwarding address in writing, Landlord shall mail tenant a statement of security deposit, itemizing unpaid rent, utility bills and damages, if any. Landlord shall enclosed a check refunding the security deposit, less the itemized deductions. If Xxxxxx disagrees with Xxxxxxxx’s statement, Tenant must object in writing within 7 days of the date Tenant received Landlord’s statement. Landlord may file suit to retain the disputed portion of the deposit within 45 days of the date Landlord became aware Tenant vacated the leased premises, unless the parties reach agreement prior to that date. Parking/Furniture. Tenant shall be entitled to parking space(s). Availability Not Guaranteed. The premises are Furnished Unfurnished

Lease Rate. Tenant hereby agrees to pay to Landlord, as rent for the above described term, the total sum of $ , in periodic installments of of: $ upon execution of this Lease,$ Lease’$ on , and $ per month on the FIRST day of each month thereafter. Rent shall be paid in a single check made payable to , and mailed or money order made out delivered to Landlord at 0000 Xxxxxx Xxxxxx, #X0, Xxx Xxxxx, XX 00000. It is important to include the tenant code of on all payments. Landlord will charge a an administrative fee of $5.00 per check for each additional check tendered as partial payment of rent/other charges each month. Rent that is mailed shall is not be considered paid until actually received by Landlord. Security Deposit/Notices. Prior to , , Tenant shall deposit with Landlord the sum of $ _ _ which sum shall be held by Landlord as a Security Deposit Deposit, as provided under Michigan law. In no case is Landlord in not obligated to apply this deposit to rent or other charges in arrears, but may do so at his its’ option, with notice to the Tenant. Unless otherwise provided by statute, all communications with from Tenant to Landlord regarding the security deposit hereunder or any other matter matters related to this Lease shall be hand delivered or mailed by certified mail, return receipt requested, to Landlord at the address set forth at the bottom of this pagead- dress above, and shall be complete upon receipt by Landlord. Checks tendered to settle disputed accounts shall be addressed to “Dis- puted AccountsDisputed Ac- counts” at Landlord’s address belowabove. The Security Deposit shall be deposited at: Bank of Xxx Arbor, 000 Xxxxx Xxxxx Xxx Xxxxx, XX 00000 Landlord will provide inventory checklists to Tenant at the beginning of occupancy. Tenant must note the condition of the unit and its furnish- ings on the checklist and return it to Landlord within 7 days of taking possession of the leased premises. Tenant is entitled to receive a copy of the ending inventory checklist from the immediately preceding Tenant which describes the charges against that Tenant’s security deposit. Landlord may use the security deposit for: 1) actual damages that are the result of conduct not reasonably expected in the normal course of habitation of the dwelling; 2) past due rent and the rent due for premature termination of the Lease; and 3) utility bills not paid by Tenant for which Tenant was re- sponsible. Within 30 days of the date Landlord becomes aware the Tenant has vacated the leased premises, if Tenant has provide a forwarding address in writing, Landlord shall mail tenant a statement of security deposit, itemizing unpaid rent, utility bills and damages, if any. Landlord shall enclosed a check refunding the security deposit, less the itemized deductions. If Tenant disagrees with Landlord’s statement, Tenant must object in writing within 7 days of the date Tenant received Landlord’s statement. Landlord may file suit to retain the disputed portion of the deposit within 45 days of the date Landlord became aware Tenant vacated the leased premises, unless the parties reach agreement prior to that date. Parking/Furniture. Tenant shall be entitled to parking space(s). Availability Not Guaranteed. The premises are Furnished Unfurnished