Common use of Rent and Related Charges Clause in Contracts

Rent and Related Charges. Resident shall pay a total rental amount under this Lease of $«total_lease_contract_amount» during the term of this lease. Plus $900 for the utility fee. Resident’s payment of the total amount of rent shall be in 12 equal installments to be paid in the amount indicated below on the 1st of each calendar month. A breakdown of your monthly installment is as follows: Regular Installment 1/12 of total rent: «base_rent» Double Occupancy: $«double_occupancy» Utility Fee: $ 75.00 Total Installment Payment: «arborblu» The total amount indicated above shall be deemed "Rent" for the Unit. The first Monthly Installment of Rent shall be paid by Resident no later than August 1, 2021 and the remaining installments of Rent shall be paid by Resident on or before the first day of each subsequent calendar month starting with September 1st, 2021 without a grace period, in advance and without demand or offset to Owner’s representative at the property’s management office or at such other place as Owner shall designate until all Monthly Installments of Rent have been paid in full. In addition to Rent, Resident shall pay a one-time non-refundable Application Fee of $100 and a one-time non-refundable Administration fee of $250.00. A late charge of $75.00 will be assessed to any Resident whose rent is actually received by Owner after 11:59 pm on the second (2nd) day of the month. A $35.00 NSF/liquidated damage charge, plus any fees assessed by Owner’s bank will be assessed for any check or wire transfer which is not honored by the bank for any reason. Money received by Owner from Resident, or on Resident’s behalf, shall be applied to Resident’s account as follows: First to satisfy unpaid late fees, dishonored check fees, or to other fees or charges owed by Resident; second to maintenance and repair costs chargeable to Resident; third to legal fees and court costs legally chargeable to Resident, including costs incurred prior to curing a default; fourth to outstanding utility bills that are the responsibility of the Resident; fifth to deposits or portions thereof due from Resident; sixth to charges, fines, and assessments against the Landlord caused by Resident; seventh to rent. Restrictive language on a check or in any communication, including those accompanying a payment, shall not constitute an accord and satisfaction or amend this provision. In any event, late charges, NSF charges, key replacement charges or the like, lockout charges or the like, and all other charges imposed under the Lease shall be deemed additional rent due from the tenant, no later than the next regularly scheduled rental installment after the fee(s) or charge(s) are imposed. Unless otherwise provided by applicable law, Resident's obligation to pay Rent is an independent covenant and not conditional upon the performance by Owner or Owner's responsibilities under this Lease, Rent may not be withheld for any reason, and Resident shall make rental payments by check, money order or other traceable or negotiable instrument, as determined by Owner. No cash will be accepted at any time, unless otherwise prohibited by applicable law, Owner shall have the right, but not the obligation, to require Resident to pay Rent only by cashier’s check or money order. Resident acknowledges that the Rent shall be deemed to be the monthly obligation of Resident and that, to the extent allowed by applicable law, in the event any other charges are due under this Lease by Resident, any amount paid to the Owner shall be applied to such other charges before applying amounts paid to the Rent.

Appears in 1 contract

Samples: Resident Lease Agreement

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Rent and Related Charges. Resident shall pay a total rental amount under this Lease of $«total_lease_contract_amount» $ during the term of this lease. Plus $900 for the utility fee. Resident’s payment of the total amount of rent shall be in 12 equal installments to be paid in the amount indicated below on the 1st of each calendar month. A breakdown of your monthly installment is as follows: Regular Installment 1/12 of total rent: «base_rent» Double Occupancy: $«double_occupancy» Utility Fee$ Garage Parking: $ 75.00 Outdoor Parking: $ Total Installment Payment: «arborblu» $ The term "1/12 of total rent” includes (check if applicable):  Basic cable service  Water  Internet Service  Sewer  Trash  Furniture  Gas The total amount indicated above shall be deemed "Rent" for the Unit. The first Monthly Installment of Rent shall be paid by Resident no later than August 1, 2021 and the remaining installments of Rent shall be paid by Resident on or before the first day of each subsequent calendar month starting with September 1st, 2021 2020 without a grace period, in advance and without demand or offset to Owner’s representative at the property’s management office or at such other place as Owner shall designate until all Monthly Installments of Rent have been paid in full. In addition to Rent, Resident shall pay a one-time non-refundable Service and Application Fee of $100 and a one-time non-refundable Administration fee 180 upon execution of $250.00this Lease. A late charge of $75.00 35.00 will be assessed to any Resident whose rent is actually received by Owner after 11:59 pm 10:00 am on the second third (2nd3rd) day of the month. In addition, if rent is still due on the 10th, you will be charged an additional late fee of $50. A $35.00 NSF/liquidated damage charge, plus any fees assessed by Owner’s bank will be assessed for any check or wire transfer which is not honored by the bank for any reason. Money received by Owner from Resident, or on Resident’s behalf, shall be applied to Resident’s account as follows: First to satisfy unpaid late fees, dishonored check fees, or to other fees or charges owed by Resident; second to maintenance and repair costs chargeable to Resident; third to legal fees and court costs legally chargeable to Resident, including costs incurred prior to curing a default; fourth to outstanding utility bills that are the responsibility of the Resident; fifth to deposits or portions thereof due from Resident; sixth to charges, fines, and assessments against the Landlord caused by Resident; seventh to rent. Restrictive language on a check or in any communication, including those accompanying a payment, shall not constitute an accord and satisfaction or amend this provision. In any event, late charges, NSF charges, key replacement charges or the like, lockout charges or the like, and all other charges imposed under the Lease shall be deemed additional rent due from the tenant, no later than the next regularly scheduled rental installment after the fee(s) or charge(s) are imposed. Unless otherwise provided by applicable law, Resident's obligation to pay Rent is an independent covenant and not conditional upon the performance by Owner or Owner's responsibilities under this Lease, Rent may not be withheld for any reason, and Resident shall make rental payments by check, money order or other traceable or negotiable instrument, as determined by Owner. No cash will be accepted at any time, unless otherwise prohibited by applicable law, Owner shall have the right, but not the obligation, to require Resident to pay Rent only by cashier’s check or money order. Resident acknowledges that the Rent shall be deemed to be the monthly obligation of Resident and that, to the extent allowed by applicable law, in the event any other charges are due under this Lease by Resident, any amount paid to the Owner shall be applied to such other charges before applying amounts paid to the Rent.

Appears in 1 contract

Samples: Resident Lease Agreement

Rent and Related Charges. Resident shall pay a total rental amount under this Lease of $«total_lease_contract_amountbase_rent_charge_total_lease» during the term of this lease. Plus $900 for the utility fee. Resident’s payment of the total amount of rent shall be in 12 «rent_installments_number» equal installments to be paid in the amount indicated below on the 1st of each calendar month. A breakdown of your monthly installment is as follows: Regular Installment 1/12 1/«rent_installments_number» of total rent: «base_rent» Double Occupancy: $«double_occupancy» Utility Fee: $ 75.00 Total Installment Payment: «arborblubase_rent» The term "1/«rent_installments_number» of total rent” includes (check if applicable): ✓ Water ✓ Internet Service ✓ Sewer ✓ Trash ✓ Furniture ✓ Gas The total amount indicated above shall be deemed "Rent" for the Unit. The first Monthly Installment of Rent shall be paid by Resident no later than August 1, 2021 «student_lease_first_payment_begin_month_day»/01/«student_lease_first_payment_begin_year» and the remaining installments of Rent shall be paid by Resident on or before the first day of each subsequent calendar month starting with September 1st, 2021 without a grace period, in advance and without demand or offset to Owner’s representative at the property’s management office or at such other place as Owner shall designate until all Monthly Installments of Rent have been paid in full. In addition to Rent, Resident shall pay a one-time non-refundable Service and Application Fee of $100 and a one-time non-refundable Administration fee of $250.00200.00. A late charge of $75.00 35.00 will be assessed to any Resident whose rent is actually received by Owner after 11:59 pm 10:00 am on the second third (2nd3rd) day of the month. In addition, if rent is still due on the 10th, you will be charged an additional late fee of $50. A $35.00 NSF/liquidated damage charge, plus any fees assessed by Owner’s bank will be assessed for any check or wire transfer which is not honored by the bank for any reason. Money received by Owner from Resident, or on Resident’s behalf, shall be applied to Resident’s account as follows: First to satisfy unpaid late fees, dishonored check fees, or to other fees or charges owed by Resident; second to maintenance and repair costs chargeable to Resident; third to legal fees and court costs legally chargeable to Resident, including costs incurred prior to curing a default; fourth to outstanding utility bills that are the responsibility of the Resident; fifth to deposits or portions thereof due from Resident; sixth to charges, fines, and assessments against the Landlord caused by Resident; seventh to rent. Restrictive language on a check or in any communication, including those accompanying a payment, shall not constitute an accord and satisfaction or amend this provision. In any event, late charges, NSF charges, key replacement charges or the like, lockout charges or the like, and all other charges imposed under the Lease shall be deemed additional rent due from the tenant, no later than the next regularly scheduled rental installment after the fee(s) or charge(s) are imposed. Unless otherwise provided by applicable law, Resident's obligation to pay Rent is an independent covenant and not conditional upon the performance by Owner or Owner's responsibilities under this Lease, Rent may not be withheld for any reason, and Resident shall make rental payments by check, money order or other traceable or negotiable instrument, as determined by Owner. No cash will be accepted at any time, unless otherwise prohibited by applicable law, Owner shall have the right, but not the obligation, to require Resident to pay Rent only by cashier’s check or money order. Resident acknowledges that the Rent shall be deemed to be the monthly obligation of Resident and that, to the extent allowed by applicable law, in the event any other charges are due under this Lease by Resident, any amount paid to the Owner shall be applied to such other charges before applying amounts paid to the Rent.

Appears in 1 contract

Samples: Resident Lease Agreement

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Rent and Related Charges. Resident shall pay a total rental amount under this Lease of $«total_lease_contract_amount» $ during the term of this lease. Plus $900 780 for the utility fee. Resident’s payment of the total amount of rent shall be in 12 equal installments to be paid in the amount indicated below on the 1st of each calendar month. A breakdown of your monthly installment is as follows: Regular Installment 1/12 of total rent: «base_rent» $ Double Occupancy: $«double_occupancy» $ Premium: $ Garage Parking: $ Utility Fee: $ 75.00 65.00 Total Installment Payment: «arborblu» $ The total amount indicated above shall be deemed "Rent" for the Unit. The first Monthly Installment of Rent shall be paid by Resident no later than August 1, 2021 2020 and the remaining installments of Rent shall be paid by Resident on or before the first day of each subsequent calendar month starting with September 1st1, 2021 2020 without a grace period, in advance and without demand or offset to Owner’s representative at the property’s management office or at such other place as Owner shall designate until all Monthly Installments of Rent have been paid in full. In addition to Rent, Resident shall pay a one-time non-refundable Application Fee of $100 at the time of application is submitted and a one-time non-refundable Administration fee of $250.00250 upon execution of this Lease. A late charge of $75.00 will be assessed to any Resident whose rent is actually received by Owner after 11:59 pm on the second (2nd) day of the month. A $35.00 NSF/liquidated damage charge, plus any fees assessed by Owner’s bank will be assessed for any check or wire transfer which is not honored by the bank for any reason. Money received by Owner from Resident, or on Resident’s behalf, shall be applied to Resident’s account as follows: First to satisfy unpaid late fees, dishonored check fees, or to other fees or charges owed by Resident; second to maintenance and repair costs chargeable to Resident; third to legal fees and court costs legally chargeable to Resident, including costs incurred prior to curing a default; fourth to outstanding utility bills that are the responsibility of the Resident; fifth to deposits or portions thereof due from Resident; sixth to charges, fines, and assessments against the Landlord caused by Resident; seventh to rent. Restrictive language on a check or in any communication, including those accompanying a payment, shall not constitute an accord and satisfaction or amend this provision. In any event, late charges, NSF charges, key replacement charges or the like, lockout charges or the like, and all other charges imposed under the Lease shall be deemed additional rent due from the tenant, no later than the next regularly scheduled rental installment after the fee(s) or charge(s) are imposed. Unless otherwise provided by applicable law, Resident's obligation to pay Rent is an independent covenant and not conditional upon the performance by Owner or Owner's responsibilities under this Lease, Rent may not be withheld for any reason, and Resident shall make rental payments by check, money order or other traceable or negotiable instrument, as determined by Owner. No cash will be accepted at any time, unless otherwise prohibited by applicable law, Owner shall have the right, but not the obligation, to require Resident to pay Rent only by cashier’s check or money order. Resident acknowledges that the Rent shall be deemed to be the monthly obligation of Resident and that, to the extent allowed by applicable law, in the event any other charges are due under this Lease by Resident, any amount paid to the Owner shall be applied to such other charges before applying amounts paid to the Rent.

Appears in 1 contract

Samples: Resident Lease Agreement

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