Reletting Charge Sample Clauses

Reletting Charge. If Landlord takes possession of the Premises because Resident fails to give 30-day written move-out notice; Resident moves out without Landlord’s written approval and without paying rent in full for the entire Lease Contract term or renewal period; Resident moves out at Landlords demand because of Resident’s default; a judgment for possession is entered against Resident; or Resident refuses to take possession of the Premises, resulting in a breach of this Lease Contract, Landlord will charge Resident $300 as a reletting charge, which is neither a Lease Contract cancellation fee nor a buyout fee and does not release Resident from continued liability for future or past-due rent, cleaning, repairing, repainting, lock changes, or other sums due. Rather, the reletting charge is to reimburse Landlord for Landlord’s damages, for, Landlord’s time, effort, and expense in finding and processing a replacement resident, advertising, showing apartments, utilities for showing, checking prospects, office overhead, marketing costs, and locator service fees. The reletting charge is an estimate by Resident and Landlord of the reasonable and anticipated costs of reletting and is intended to serve as liquidated damages. The reletting charge is due whether or not Landlord’s reletting attempts succeed.