Placement Changes Sample Clauses

Placement Changes. Apartment and Bedroom space assignments are made, and may be changed, only by us or our agent. Change by Owner: While we will not act arbitrarily, we reserve the right to assign and/or relocate you, as the case may be, to another Unit and/or Bedroom of the same Floor Plan Type, if available and at our sole discretion, within the Apartment Community at any time before or during the Term, and for any reason deemed necessary by us (e.g. urgent maintenance, roommate conflict, vacancy consolidation etc.), upon written notice. In such case, we agree to exercise best commercial efforts to relocate you to a comparable Floor Plan and Bedroom Type. However, you acknowledge and agree that we cannot guarantee our ability to do so, and that our failure to relocate you to a comparable Floor Plan or Bedroom Type will not in any way release you from the obligations of this Lease. In the event you are assigned and/or relocated to a rental space that carries a lower rate, the Rent will be adjusted accordingly; if the new Owner-assigned rental space carries a higher rate, you will continue to pay the rate specified under this Lease and will not be charged the higher rate. Failure to relocate within the time provided by us in writing may result in charges applying for both units. Change requested by Resident: You may request to change assignments to a different unit and/or bedroom. However, such change requests are only effective upon our written approval and at our sole discretion, subject to the following preconditions: (1) Resident must be in good standing under this Lease Agreement; (2) Resident must prepay a $200 Transfer & Reassignment Fee (refunded or applied as a credit to your account, at our discretion, if the request is declined); (3) Resident and Owner must sign a written confirmation of the change in assignment (a new Placement Addendum or similar approved document as directed by us), including Resident’s agreement to pay the prevailing rate for the new assignment, pro-rated to the date scheduled for relocation; (4) Resident must pay a new security deposit for the new assignment, and Resident’s prior security deposit balance will be refunded within 30 days following move-out from and inspection of the original Unit, if applicable; and (5) relocation must be completed within 24 hours of scheduled relocation or charges will apply on both units. Under no circumstances will we be responsible for providing or paying for moving costs.