Common use of RENEWAL LEASES Clause in Contracts

RENEWAL LEASES. The Tenants have no right to extend their occupancy of the apartment beyond the end date of the Lease term, unless the Landlord shall agree in writing to a renewal Lease for the apartment. The following rules apply to a renewal Lease: a. A Lease is considered a renewal Lease, even if some or all of the Tenants named on the previous Lease will not continue to be Tenants under the renewal Lease. b. Tenants on a renewal Lease receive the benefit of a discounted rate over the market rental price that otherwise would have applied to a new Lease for the apartment. Also the Tenants on a renewal Lease have the advantage of not being required to vacate the apartment for any time over the summer months. c. Tenants on a renewal Lease, who were also Tenants on the previous Lease, need to pay an additional damage deposit if their current Damage Deposit amount is less than the amount required for their new Lease. If there are any New Tenant(s) on a renewal Lease, the New Tenant(s) will pay a damage deposit, and the damage deposit of the previous Tenant(s) will be returned to the those Tenant(s), who shall not be Tenant(s) on the renewal Lease, as required by the previous Lease. d. On a renewal Lease the apartment will be delivered to the Tenant(s) in whatever condition the previous Tenant(s) may have left it. e. Cleaning, painting, steam-cleaning, vacuuming, dusting, or other general cleaning services will not be performed by the Landlord at the start of a renewal Lease. The Tenants, if they wish such cleaning services at the beginning of a renewal Lease, should hire professional cleaners for the apartment. The expense of any cleaning is the responsibility of the Tenants on the renewal Lease. f. If a new Tenant is entering into a renewal Lease, the Landlord will inspect the apartment for obvious damages on or about the end date of the previous Lease. There is no inspection performed, however, if there will be no new Tenant(s) on a renewal Lease. g. Any new Tenant named on a renewal Lease is required to complete a written Move-In Inspection form and submit same to the Landlord within 5 days of moving into the apartment. This form is available at the Ithaca Renting Company Office at 000 Xxxxxx Xxxx. Noting any damage to the apartment will protect the new Tenant(s) from liability for pre-existing damages in the apartment. Neglecting to note damage to the apartment at the time of the move-in by the new Tenant(s) may cause the repair cost for previous damage to be charged to all Tenants named on the renewal Lease, even if the new Tenant arrived after the damage occurred. h. Any repairs noted on the Move-In Inspection form will be performed by the Landlord as a regular maintenance request item i. Charges to the new Tenant(s) may be assessed according to the Flat Rate Damages Charges referred to by and incorporated into the Lease. The new Tenant has reviewed those charges and agrees they are reasonable.. j. Internet Service as offered through Ithaca Renting Company (see Section 9) is not automatically renewed. The Tenant(s) must subscribe and pay the required fee if the Tenant(s) want this service with a renewal Lease. k. Tenants upon move out on a renewal Lease must return the full set of issued apartment keys to the Landlord in order to prevent a lock change fee charged to their damage deposit.

RENEWAL LEASES. The Tenants have no right to extend their occupancy of the apartment beyond the end date of the Lease term, term unless the Landlord shall agree in writing to a renewal Lease or extension for the apartment. The following rules apply to a renewal Lease: a. A Lease is considered a renewal Lease, even if some or all of the Tenants named on the previous Lease will not continue to be Tenants under the renewal Lease. b. Tenants on a renewal Lease receive the benefit of a discounted rate over the market rental price that otherwise would have applied to a new Lease for the apartment. Also the Tenants on a renewal Lease have the advantage of not being required to vacate the apartment for any time over the summer months. c. Tenants on a renewal Lease, who were also Tenants on the previous Lease, need to pay an additional damage deposit if their current Damage Deposit amount is less than the amount required for their new Lease. If there are any New Tenant(s) on a renewal Lease, the New Tenant(s) will pay a damage deposit, and the damage deposit of the previous Tenant(s) will be returned to the those Tenant(s), who shall not be Tenant(s) on the renewal Lease, as required by the previous Lease. d. On a renewal Lease the The apartment will be delivered to the Tenant(s) in whatever condition the previous Tenant(s) may have left it. e. Cleaning, painting, steam-cleaning, vacuuming, dusting, or other general cleaning services will not be performed by the Landlord at the start of a renewal Lease. The Tenants, if they wish such cleaning services at the beginning of a renewal Lease, should hire professional cleaners for the apartment. The expense of any cleaning is the responsibility of the Tenants on the renewal Lease. f. If a new Tenant is entering into a renewal Lease, the Landlord will inspect the apartment for obvious damages on or about the end date of the previous Lease. There is no inspection performed, however, if there will be no new Tenant(s) on a renewal Lease. g. Any new Tenant named on a renewal Lease is required to complete a written Move-In Inspection form and submit same to the Landlord within 5 days of moving into the apartment. This form is available at the Ithaca Renting Company Office at 000 Xxxxxx XxxxOffice. Noting any damage to the apartment will protect the new Tenant(s) from liability for pre-existing damages in the apartment. Neglecting to note damage to the apartment at the time of the move-in by the new Tenant(s) may cause the repair cost for previous damage to be charged to all Tenants named on the renewal Lease, even if the new Tenant arrived after the damage occurred. h. Any repairs noted on the Move-In Inspection form that are deemed necessary by the Landlord will be performed by the Landlord as a regular maintenance request item. i. Charges to the new Tenant(s) may be assessed according to the Flat Rate Damages Charges referred to by and incorporated into the Lease. The new Tenant has reviewed those charges and agrees they are reasonable.. j. Internet Service as offered through Ithaca Renting Company (see Section 9) is not automatically renewed. The Tenant(s) must subscribe and pay the required fee if the Tenant(s) want this service with a renewal Lease. k. Tenants upon move out on a renewal Lease must return the full set of issued apartment keys to the Landlord in order to prevent a lock change fee charged to their damage deposit.

RENEWAL LEASES. The Tenants have no right to extend their occupancy of the apartment beyond the end date of the Lease term, term unless the Landlord shall agree in writing to a renewal Lease or extension for the apartment. The following rules apply to a renewal Lease: a. A Lease is considered a renewal Lease, even if some or all of the Tenants named on the previous Lease will not continue to be Tenants under the renewal Lease. b. Tenants on a renewal Lease receive the benefit of a discounted rate over the market rental price that otherwise would have applied to a new Lease for the apartment. Also the Tenants on a renewal Lease have the advantage of not being required to vacate the apartment for any time over the summer months. c. Tenants on a renewal Lease, who were also Tenants on the previous Lease, need to pay an additional damage deposit if their current Damage Deposit amount is less than the amount required for their new Lease. If there are any New Tenant(s) on a renewal Lease, the New Tenant(s) will pay a damage deposit, and the damage deposit of the previous Tenant(s) will be returned to the those Tenant(s), who shall not be Tenant(s) on the renewal Lease, as required by the previous Lease. d. On a renewal Lease the The apartment will be delivered to the Tenant(s) in whatever condition the previous Tenant(s) may have left it. e. Cleaning, painting, steam-cleaning, vacuuming, dusting, or other general cleaning services will not be performed by the Landlord at the start of a renewal Lease. The Tenants, if they wish such cleaning services at the beginning of a renewal Lease, should hire professional cleaners for the apartment. The expense of any cleaning is the responsibility of the Tenants on the renewal Lease. f. If a new Tenant is entering into a renewal Lease, the Landlord will inspect the apartment for obvious damages on or about the end date of the previous Lease. There is no inspection performed, however, if there will be no new Tenant(s) on a renewal Lease. g. Any new Tenant named on a renewal Lease is required to complete a written Move-In Inspection form and submit same said form to the Landlord within 5 days of moving into the apartment. This form is available at the Ithaca Renting Company Office at 000 Xxxxxx XxxxOffice. Noting any damage to the apartment will protect the new Tenant(s) from liability for pre-existing damages in the apartment. Neglecting to note damage to the apartment at the time of the move-in by the new Tenant(s) may cause the repair cost for previous damage to be charged to all Tenants named on the renewal Lease, even if the new Tenant arrived after the damage occurred. h. Any repairs noted on the Move-In Inspection form that are deemed necessary by the Landlord will be performed by the Landlord as a regular maintenance request item. i. Charges to the new Tenant(s) may be assessed according to the Flat Rate Damages Charges referred to by and incorporated into the Lease. The new Tenant has reviewed those charges and agrees they are reasonable... j. Internet Service as offered through Ithaca Renting Company (see Section 9) is not automatically renewed. The Tenant(s) must subscribe and pay the required fee if the Tenant(s) want this service with a renewal Lease. k. Tenants upon move out on a renewal Lease must return the full set of issued apartment keys to the Landlord in order to prevent a lock change fee charged to their damage deposit.