Rent Payment by Check. When Tenant or a Guarantor provides a signed and completed check for payment, then Landlord is authorized to convert the check to an electronic fund withdrawal. If a check is refused by the financial institution for insufficient funds, then Tenant will be charged a $35.00 fee. If a check is returned, then Landlord may demand that all Rent must be paid by cashier's check or money order. Landlord may also require Tenant to make early payment of the Rent that will be due for the rest of the Term.
Appears in 4 contracts
Samples: University Student Housing 2018 2019 Lease Agreement, University Student Housing 2017 2018 Lease Agreement, University Student Housing 2016 2017 Lease Agreement