Common use of PROPERTY DAMAGE LIABILITY WAIVER Clause in Contracts

PROPERTY DAMAGE LIABILITY WAIVER. All rental units are automatically included in the community’s Property Damage Liability Waiver (PDLW™) and therefore subject to an additional charge of $10.00 per month. Payment of this additional rent in accordance with the terms of your residential rental agreement waives your obligation to indemnify the property owner for accidental damages arising from fire, smoke, explosion, water discharge or sewer backup caused by your negligent acts or omissions as further described in your rental agreement up to $100,000.00. THIS WAIVER ONLY WAIVES YOUR LIABILITY TO THE PROPERTY OWNER AND DOES NOT WAIVE YOUR LIABILITY TO ANY THIRD PARTIES. THIS WAIVER ONLY APPLIES TO ACCIDENTAL DAMAGE CAUSED BY YOUR NEGLIGENT ACTS OR OMISSIONS AND DOES NOT APPLY TO DAMAGES CAUSED BY YOUR DELIBERATE OR INTENTIONAL ACTS OR OMISSIONS. THIS WAIVER ONLY APPLIES UP TO $100,000.00; ANY AMOUNT IN EXCESS OF $100,000.00 REMAINS SUBJECT TO THE TERMS OF THE RENTAL AGREEMENT. In situations where the property owner’s covered damages are under $100,000, affected residents may receive up to $15,000 to replace personal belongings as determined by the property owner and subject to the terms of any applicable owner insurance policy; provided, that in no event shall the sum of the property owner’s covered damages and all amounts paid to affected residents exceed $100,000.00.

PROPERTY DAMAGE LIABILITY WAIVER. All rental units are automatically included The Seminary provides in the “Payment” the community’s Property Damage Liability Waiver (PDLW™) and therefore subject to an additional charge of $10.00 per month. Payment of this additional rent in accordance with ), which waives the terms of your residential rental agreement waives your Occupant’s obligation to indemnify the property owner for accidental damages arising from fire, smoke, explosion, water discharge or sewer backup caused by your negligent acts or omissions as further described in your rental agreement up to $100,000.00. THIS WAIVER ONLY WAIVES YOUR LIABILITY TO THE PROPERTY OWNER AND DOES NOT WAIVE YOUR LIABILITY TO ANY THIRD PARTIES. THIS WAIVER ONLY APPLIES TO ACCIDENTAL DAMAGE CAUSED BY YOUR NEGLIGENT ACTS OR OMISSIONS AND DOES NOT APPLY TO DAMAGES CAUSED BY YOUR DELIBERATE OR INTENTIONAL ACTS OR OMISSIONS. THIS WAIVER ONLY APPLIES UP TO $100,000.00; ANY AMOUNT IN EXCESS OF $100,000.00 REMAINS SUBJECT TO THE TERMS OF THE RENTAL AGREEMENT. In situations where the property owner’s covered damages are under $100,000, affected residents may receive up to $15,000 to replace personal belongings as determined by the property owner and subject to the terms of any applicable owner insurance policy; provided, that in no event shall the sum of the property owner’s covered damages and all amounts paid to affected residents exceed $100,000.00.