Rent Payments. Time of rent payment is of the essence. In the event the rent is not received by the Landlord on or before the due date, then, at the option of Landlord, such failure to pay on time shall constitute default. Tender is not available as a remedy to Resident; that is, if rental payments are not paid on or before the due date, the delinquent payment of same will not cure the initial breach committed by nonpayment. Resident hereby waives any requirement of notice from Landlord to Resident that Resident is in default. If Landlord elects to accept a late payment, as of 2pm on the 5th day of the month a per person late fee shall be assessed to Resident of sixty-five dollars ($65). There will be an additional late fee of ten dollars ($10) assessed daily if rent is not paid in full by 2pm. Late fees will be assessed every month that each individual Resident’s account balance is above $100 and must be included with payment. If Resident mails or delivers a payment to the office drop box outside of business hours, it must be taken into consideration by Resident that it will not be processed until the next business day and therefore a late fee may be assessed to Resident, if applicable. Resident further understands that online payments may take up to 48 hours to process, and it is the sole responsibility of Resident to initiate payment early enough to ensure it can be processed within the grace period, or a late fee will be assessed. The grace period is a courtesy, but Residents are reminded rent is still due on the 1st of every month. There will be a sixty-dollar ($60.00) fee assessed on all insufficient fund transactions, plus all applicable late fees. The same fees apply if the payment cannot be approved due to incorrect account information, a spending limit that does not allow for such transaction, or other account issues. If Resident pays with a bank account that account must allow electronic processing. In order to be given possession of the apartment Resident must pay all balances in full, and other requirements described in this Lease Agreement must be met. Resident will bear the cost of Landlord’s legal fees and expenses pertaining to non-payment and collection of rent or damage fees and understands they can be sent into collections without further notice if there is an unpaid balance at the end of the Lease Term. Xxxxxxxx has the right to remind Resident of any payment due date, but it is the sole responsibility of Resident to make timely payments without any further notification from Landlord. Landlord has the right to require payments or certain types of payments to be made online via Landlord’s payment portal, and to charge a nominal processing fee in accordance with company policy. Landlord is not required to accept payments at the office located on the premises of L3 Campus Apartments. If at Landlord’s discretion, a check, money order, cashier’s check, or credit card is accepted at the office as payment, Landlord reserves the right to charge a nominal processing fee in accordance with company policy. Landlord will not accept cash under any circumstances. Xxxxxxxx has the right to apply payments to charges due based on Landlords internal payment prioritization method, meaning regardless of Resident’s intent payments will be posted first to late fees, damage charges, and so on, with the balance applied against base rent only after such charges have been paid. Resident understands that full installment payments in agreed amount and timing must be tendered on stated due date. Landlord is not required to accept partial rental installments or payments less than the amount due. Resident may prepay for future rental installment payments due. If Resident overpays their balance Landlord is not responsible to refund such overpayment. If Landlord can refund such overpayment at Resident’s request, a processing fee may be charged. Resident and guarantor(s) hereby opt in to receive texts, electronic mail reminders, alerts and offers at contact info provided and waive the right to hold Landlord liable for spam as defined in the CAN-SPAM Act. In connection with the administration and processing of the lease, the administration of common area utilities, costs incurred due to the access control system, and other services provided to Resident by Landlord during the term of this Lease, Resident will be required to, and agrees to pay a Lease Administration Fee of $265 per occupant, due with first rental installment outlined in the Summary of Lease Terms section of this Lease Agreement. This fee applies to the term of this lease only, and Resident may be charged additional fees for future leases. These fees are non- refundable and cannot be prorated.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Rent Payments. Time of rent payment is of the essence. In the event the rent is not received by the Landlord on or before the due date, then, at the option of Landlord, such failure to pay on time shall constitute default. Tender is not available as a remedy to Resident; that is, if rental payments are not paid on or before the due date, the delinquent payment of same will not cure the initial breach committed by nonpayment. Resident hereby waives any requirement of notice from Landlord to Resident that Resident is in default. If Landlord elects to accept a late payment, as of 2pm on the 5th day of the month a per person late fee shall be assessed to Resident of sixtyforty-five dollars ($6545). There will be an additional late fee of ten dollars ($10) assessed daily if rent is not paid in full by 2pm. Late fees will be assessed every month that each individual Resident’s account balance is above $100 and must be included with payment. If Resident mails or delivers a payment to the office drop box outside of business hours, it must be taken into consideration by Resident that it will not be processed until the next business day and therefore a late fee may be assessed to Resident, if applicable. Resident further understands that online payments may take up to 48 hours to process, and it is the sole responsibility of Resident to initiate payment early enough to ensure it can be processed within the grace period, or a late fee will be assessed. The grace period is a courtesy, but Residents are reminded rent is still due on the 1st of every month. There will be a sixty-dollar ($60.00) fee assessed on all insufficient fund transactions, plus all applicable late fees. The same fees apply if the payment cannot be approved due to incorrect account information, a spending limit that does not allow for such transaction, or other account issues. If Resident pays with a bank account that account must allow electronic processing. In order to be given possession of the apartment Resident must pay all balances in full, and other requirements described in this Lease Agreement must be met. Resident will bear the cost of Landlord’s legal fees and expenses pertaining to non-payment and collection of rent or damage fees and understands they can be sent into collections without further notice if there is an unpaid balance at the end of the Lease Term. Xxxxxxxx has the right to remind Resident of any payment due date, but it is the sole responsibility of Resident to make timely payments without any further notification from Landlord. Landlord has the right to require payments or certain types of payments to be made online via Landlord’s payment portal, and to charge a nominal processing fee in accordance with company policy. Landlord is not required to accept payments at the office located on the premises of L3 Campus The Wynwood Apartments. If at Landlord’s discretion, a check, money order, cashier’s check, or credit card is accepted at the office as payment, Landlord reserves the right to charge a nominal processing fee in accordance with company policy. Landlord will not accept cash under any circumstances. Xxxxxxxx has the right to apply payments to charges due based on Landlords internal payment prioritization method, meaning regardless of Resident’s intent payments will be posted first to late fees, damage charges, and so on, with the balance applied against base rent only after such charges have been paid. Resident understands that full installment payments in agreed amount and timing must be tendered on stated due date. Landlord is not required to accept partial rental installments or payments less than the amount due. Resident may prepay for future rental installment payments due. If Resident overpays their balance Landlord is not responsible to refund such overpayment. If Landlord can refund such overpayment at Resident’s request, a processing fee may be charged. Resident and guarantor(s) hereby opt in to receive texts, electronic mail reminders, alerts and offers at contact info provided and waive the right to hold Landlord liable for spam as defined in the CAN-SPAM Act. In connection with the administration and processing of the lease, the administration of common area utilities, costs incurred due to the access control system, and other services provided to Resident by Landlord during the term of this Lease, Resident will be required to, and agrees to pay a Lease Administration Fee of $265 per occupant, due with first rental installment outlined in the Summary of Lease Terms section of this Lease Agreement. This fee applies to the term of this lease only, and Resident may be charged additional fees for future leases. These fees are non- refundable and cannot be prorated.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Rent Payments. Time of rent payment is of the essence. In the event the rent is not received by the Landlord on or before the due date, then, at the option of Landlord, such failure to pay on time shall constitute default. Tender is not available as a remedy to Resident; that is, if rental payments are not paid on or before the due date, the delinquent payment of same will not cure the initial breach committed by nonpayment. Resident hereby waives any requirement of notice from Landlord to Resident that Resident is in default. If Landlord elects to accept a late payment, as of 2pm on the 5th day of the month a per person late fee shall be assessed to Resident of sixty-five dollars ($65). There will be an additional late fee of ten dollars ($10) assessed daily if rent is not paid in full by 2pm. Late fees will be assessed every month that each individual Resident’s account balance is above $100 and must be included with payment. If Resident mails or delivers a payment to the office drop box outside of business hours, it must be taken into consideration by Resident that it will not be processed until the next business day and therefore a late fee may be assessed to Resident, if applicable. Resident further understands that online payments may take up to 48 hours to process, and it is the sole responsibility of Resident to initiate payment early enough to ensure it can be processed within the grace period, or a late fee will be assessed. The grace period is a courtesy, but Residents are reminded rent is still due on the 1st of every month. There will be a sixty-dollar ($60.00) fee assessed on all insufficient fund transactions, plus all applicable late fees. The same fees apply if the payment cannot be approved due to incorrect account information, a spending limit that does not allow for such transaction, or other account issues. If Resident pays with a bank account that account must allow electronic processing. In order to be given possession of the apartment Resident must pay all balances in full, and other requirements described in this Lease Agreement must be met. Resident will bear the cost of Landlord’s legal fees and expenses pertaining to non-payment and collection of rent or damage fees and understands they can be sent into collections without further notice if there is an unpaid balance at the end of the Lease Term. Xxxxxxxx has the right to remind Resident of any payment due date, but it is the sole responsibility of Resident to make timely payments without any further notification from Landlord. Landlord has the right to require payments or certain types of payments to be made online via Landlord’s payment portal, and to charge a nominal processing fee in accordance with company policy. Landlord is not required to accept payments at the office located on the premises of L3 Campus Apartments. If at Landlord’s discretion, a check, money order, cashier’s check, or credit card is accepted at the office as payment, Landlord reserves the right to charge a nominal processing fee in accordance with company policy. Landlord will not accept cash under any circumstances. Xxxxxxxx has the right to apply payments to charges due based on Landlords internal payment prioritization method, meaning regardless of Resident’s intent payments will be posted first to late fees, damage charges, and so on, with the balance applied against base rent only after such charges have been paid. Resident understands that full installment payments in agreed amount and timing must be tendered on stated due date. Landlord is not required to accept partial rental installments or payments less than the amount due. Resident may prepay for future rental installment payments due. If Resident overpays their balance Landlord is not responsible to refund such overpayment. If Landlord can refund such overpayment at Resident’s request, a processing fee may be charged. Resident and guarantor(s) hereby opt in to receive texts, electronic mail reminders, alerts and offers at contact info provided and waive the right to hold Landlord liable for spam as defined in the CAN-SPAM Act. In connection with the administration and processing of the lease, the administration of common area utilities, costs incurred due to the access control system, and other services provided to Resident by Landlord during the term of this Lease, Resident will be required to, and agrees to pay a Lease Administration Fee of $265 250 per occupant, due with first rental installment outlined in the Summary of Lease Terms section of this Lease Agreement. This fee applies to the term of this lease only, and Resident may be charged additional fees for future leases. These fees are non- refundable and cannot be prorated.
Appears in 1 contract
Samples: Lease Agreement
Rent Payments. Time of rent payment is of the essence. In the event the rent is not received by the Landlord on or before the due date, then, at the option of Landlord, such failure to pay on time shall constitute default. Tender is not available as a remedy to Resident; that is, if rental payments are not paid on or before the due date, the delinquent payment of same will not cure the initial breach committed by nonpayment. Resident hereby waives any requirement of notice from Landlord to Resident that Resident is in default. If Landlord elects to accept a late payment, as of 24pm on the 5th day of the month a per person late fee shall be assessed to Resident equal to five percent (5%) of sixty-five dollars ($65)the rental installment amount. There will be an additional late fee assessed equal to five percent (5%) of ten dollars ($10) assessed daily the rental installment amount if rent is not paid in full by 2pm4pm on the 15th of the month; and a third late fee assessed equal to five percent (5%) of the rental installment amount if rent is paid in full by 4pm on the 25th of the month. Late fees will be assessed every month that each individual Resident’s account balance month, even if Resident is above $100 and must be included with payment. If Resident mails or delivers not on a monthly payment to the office drop box outside of business hours, it must be taken into consideration by Resident that it will not be processed until the next business day and therefore a late fee may be assessed to Resident, if applicable. Resident further understands that online payments may take up to 48 hours to process, and it is the sole responsibility of Resident to initiate payment early enough to ensure it can be processed within the grace period, or a late fee will be assessedplan. The grace period is a courtesy, but Residents are reminded rent is still due on the 1st of every month. There will be a sixty-dollar ($60.00) 35.00 fee assessed on all insufficient fund transactions, plus all applicable late fees. The same fees apply if the payment cannot be approved due to incorrect account information, a spending limit that does not allow for such transaction, or other account issues. If Resident pays with a bank account that account must allow electronic processing. In order to be given possession of the apartment Resident must pay all balances in full, and other requirements described in this Lease Agreement must be met. Resident will bear the cost of Landlord’s legal fees and expenses pertaining to non-payment and collection of rent or damage fees and understands they can be sent into collections without further notice if there is an unpaid balance at the end of the Lease Termfees. Xxxxxxxx Landlord has the right to remind Resident of any payment due date, but it the responsibility is on the sole responsibility of Resident to make timely payments without any further notification from Landlord. Landlord has will notify the right to require payments or certain types respective Credit Agencies of payments to default should payment not be made online via Landlordin a timely manner. This would be a 7 year line item on the tenant’s payment portal, and to charge a nominal processing fee in accordance with company policyrespective credit report. Landlord is not required to accept payments at the office located on the premises of L3 Campus Apartments. If at Landlord’s discretion, a check, money order, cashier’s check, or credit card is accepted at the office as payment, Landlord reserves the right to charge a nominal processing fee in accordance with company policy. Landlord will not accept cash under any circumstances. Xxxxxxxx has the right to apply payments to charges due based on Landlords internal payment prioritization method, meaning regardless of Resident’s intent payments will be posted first to late fees, damage charges, and so on, with the balance applied against base rent only after payment of such charges have been paidcharges. Resident understands that full installment payments in agreed amount and timing must be tendered on stated due date. Landlord is not required to accept partial rental installments or payments less than the amount due. Resident may prepay for future rental installment payments due. If Resident overpays their balance Landlord is not responsible to refund such overpayment. If Landlord can refund such overpayment at Resident’s request, a processing fee may be charged. Resident and guarantor(s) hereby opt in to receive texts, electronic mail reminders, alerts and offers at contact info provided and waive the right to hold Landlord liable for spam as defined in the CAN-SPAM Act. In connection with the administration and processing of the lease, the administration of common area utilities, costs incurred due to the access control system, and other services provided to Resident by Landlord during the term of this Lease, Resident will be required to, and agrees to pay a Lease Administration Fee of $265 per occupant, due with first rental installment outlined in the Summary of Lease Terms section of this Lease Agreement. This fee applies to the term of this lease only, and Resident may be charged additional fees for future leases. These fees are non- refundable and cannot be prorated.
Appears in 1 contract
Samples: Lease Agreement
Rent Payments. Time of rent payment is of the essence. In the event the rent is not received by the Landlord on or before the due date, then, at the option of Landlord, such failure to pay on time shall constitute default. Tender is not available as a remedy to Resident; that is, if rental payments are not paid on or before the due date, the delinquent payment of same will not cure the initial breach committed by nonpayment. Resident hereby waives any requirement of notice from Landlord to Resident that Resident is in default. If Landlord elects to accept a late payment, as of 24pm on the 5th day of the month a per person late fee shall be assessed to Resident equal to five percent (5%) of sixty-five dollars ($65)the rental installment amount. There will be an additional late fee assessed equal to five percent (5%) of ten dollars ($10) assessed daily the rental installment amount if rent is not paid in full by 2pm4pm on the 15th of the month; and a third late fee assessed equal to five percent (5%) of the rental installment amount if rent is paid in full by 4pm on the 25th of the month. Late fees will be assessed every month that each individual Resident’s account balance month, even if Resident is above $100 and must be included with payment. If Resident mails or delivers not on a monthly payment to the office drop box outside of business hours, it must be taken into consideration by Resident that it will not be processed until the next business day and therefore a late fee may be assessed to Resident, if applicable. Resident further understands that online payments may take up to 48 hours to process, and it is the sole responsibility of Resident to initiate payment early enough to ensure it can be processed within the grace period, or a late fee will be assessedplan. The grace period is a courtesy, but Residents are reminded rent is still due on the 1st of every month. There will be a sixty-dollar ($60.00) 35.00 fee assessed on all insufficient fund transactions, plus all applicable late fees. The same fees apply if the payment cannot be approved due to incorrect account information, a spending limit that does not allow for such transaction, or other account issues. If Resident pays with a bank account that account must allow electronic processing. In order to be given possession of the apartment Resident must pay all balances in full, and other requirements described in this Lease Agreement must be met. Resident will bear the cost of Landlord’s legal fees and expenses pertaining to non-payment and collection of rent or damage fees and understands they can be sent into collections without further notice if there is an unpaid balance at the end of the Lease Termfees. Xxxxxxxx Landlord has the right to remind Resident of any payment due date, but it the responsibility is on the sole responsibility of Resident to make timely payments without any further notification from Landlord. Landlord has will notify the right to require payments or certain types respective Credit Agencies of payments to default should payment not be made online via Landlordin a timely manner. This would be a 7-year line item on the tenant’s payment portal, and to charge a nominal processing fee in accordance with company policyrespective credit report. Landlord is not required to accept payments at the office located on the premises of L3 Campus Apartments. If at Landlord’s discretion, a check, money order, cashier’s check, or credit card is accepted at the office as payment, Landlord reserves the right to charge a nominal processing fee in accordance with company policy. Landlord will not accept cash under any circumstances. Xxxxxxxx has the right to apply payments to charges due based on Landlords internal payment prioritization method, prioritizationmethod meaning regardless of Resident’s intent payments will be posted first to late fees, damage charges, and so on, with the balance applied against base rent only after payment of such charges have been paidcharges. Resident understands that full installment payments in agreed amount and timing must be tendered on stated due date. Landlord is not required to accept partial rental installments or payments less than the amount due. Resident may prepay for future rental installment payments due. If Resident overpays their balance Landlord is not responsible to refund such overpayment. If Landlord can refund such overpayment at Resident’s request, a processing fee may be charged. Resident and guarantor(s) hereby opt in to receive texts, electronic mail reminders, alerts and offers at contact info provided and waive the right to hold Landlord liable for spam as defined in the CAN-SPAM Act. In connection with the administration and processing of the lease, the administration of common area utilities, costs incurred due to the access control system, and other services provided to Resident by Landlord during the term of this Lease, Resident will be required to, and agrees to pay a Lease Administration Fee of $265 per occupant, due with first rental installment outlined in the Summary of Lease Terms section of this Lease Agreement. This fee applies to the term of this lease only, and Resident may be charged additional fees for future leases. These fees are non- refundable and cannot be prorated.
Appears in 1 contract
Samples: Lease Agreement
Rent Payments. Time of rent payment is of the essence. In the event the rent is not received by the Landlord on or before the due date, then, at the option of Landlord, such failure to pay on time shall constitute default. Tender is not available as a remedy to Resident; that is, if rental payments are not paid on or before the due date, the delinquent payment of same will not cure the initial breach committed by nonpayment. Resident hereby waives any requirement of notice from Landlord to Resident that Resident is in default. If Landlord elects to accept a late payment, as of 24pm on the 5th day of the month a per person late fee shall be assessed to Resident equal to five percent (5%) of sixty-five dollars ($65)the rental installment amount. There will be an additional late fee assessed equal to five percent (5%) of ten dollars ($10) assessed daily the rental installment amount if rent is not paid in full by 2pm4pm on the 15th of the month. Late fees are superseded by current State Laws. Late fees will be assessed every month that each individual Resident’s account balance month, even if Resident is above $100 and must be included with payment. If Resident mails or delivers not on a monthly payment to the office drop box outside of business hours, it must be taken into consideration by Resident that it will not be processed until the next business day and therefore a late fee may be assessed to Resident, if applicable. Resident further understands that online payments may take up to 48 hours to process, and it is the sole responsibility of Resident to initiate payment early enough to ensure it can be processed within the grace period, or a late fee will be assessedplan. The grace period is a courtesy, but Residents are reminded rent is still due on the 1st of every month. There will be a sixty-dollar ($60.00) 35.00 fee assessed on all insufficient fund transactions, plus all applicable late fees. The same fees apply if the payment cannot be approved due to incorrect account information, a spending limit that does not allow for such transaction, or other account issues. If Resident pays with a bank account that account must allow electronic processing. In order to be given possession of the apartment Resident must pay all balances in full, and other requirements described in this Lease Agreement must be met. Resident will bear the cost of Landlord’s legal fees and expenses pertaining to non-payment and collection of rent or damage fees and understands they can be sent into collections without further notice if there is an unpaid balance at the end of the Lease Termfees. Xxxxxxxx has the right to remind Resident of any payment due date, but it the responsibility is on the sole responsibility of Resident to make timely payments without any further notification from Landlord. Landlord has will notify the right to require payments or certain types respective Credit Agencies of payments to default should payment not be made online via Landlord’s payment portal, and to charge in a nominal processing fee in accordance with company policytimely manner. Landlord is not required to accept payments at the office located This would be a 7 year line item on the premises of L3 Campus Apartments. If at Landlordtenant’s discretion, a check, money order, cashier’s check, or respective credit card is accepted at the office as payment, Landlord reserves the right to charge a nominal processing fee in accordance with company policy. Landlord will not accept cash under any circumstancesreport. Xxxxxxxx has the right to apply payments to charges due based on Landlords internal payment prioritization method, meaning regardless of Resident’s intent payments will be posted first to late fees, damage charges, and so on, with the balance applied against base rent only after payment of such charges have been paidcharges. Resident understands that full installment payments in agreed amount and timing must be tendered on stated due date. Landlord is not required to accept partial rental installments or payments less than the amount due. Resident may prepay for future rental installment payments due. If Resident overpays their balance Landlord is not responsible to refund such overpayment. If Landlord can refund such overpayment at Resident’s request, a processing fee may be charged. Resident and guarantor(s) hereby opt in to receive texts, electronic mail reminders, alerts and offers at contact info provided and waive the right to hold Landlord liable for spam as defined in the CAN-SPAM Act. In connection with the administration and processing of the lease, the administration of common area utilities, costs incurred due to the access control system, and other services provided to Resident by Landlord during the term of this Lease, Resident will be required to, and agrees to pay a Lease Administration Fee of $265 per occupant, due with first rental installment outlined in the Summary of Lease Terms section of this Lease Agreement. This fee applies to the term of this lease only, and Resident may be charged additional fees for future leases. These fees are non- refundable and cannot be prorated.
Appears in 1 contract
Samples: Lease Agreement
Rent Payments. Time of rent payment is of the essence. In the event the rent is not received by the Landlord on or before the due date, then, at the option of Landlord, such failure to pay on time shall constitute default. Tender is not available as a remedy to Resident; that is, if rental payments are not paid on or before the due date, the delinquent payment of same will not cure the initial breach committed by nonpayment. Resident hereby waives any requirement of notice from Landlord to Resident that Resident is in default. If Landlord elects to accept a late payment, as of 24pm on the 5th day of the month a per person late fee shall be assessed to Resident equal to five percent (5%) of sixty-five dollars ($65)the rental installment amount, per payment agreement. There will be an additional late fee assessed equal to five percent (5%) of ten dollars ($10) assessed daily the rental installment amount if rent is not paid in full by 2pm4pm on the 15th of the month; and a third late fee assessed equal to five percent (5%) of the rental installment amount if rent is paid in full by 4pm on the 25th of the month. Late fees will can be assessed every month that each individual Resident’s account balance is above $100 and must be included with payment100, even if Resident is not on a monthly payment plan. If Resident mails or delivers a payment to the office drop box outside of business hours, hours it must be taken into consideration by Resident that it will not be processed until the next business day. If the next business day and therefore a is the 6th the late fee may will be assessed to Resident, if applicable. Resident further understands that online payments may take up to 48 hours to process, and it is the sole responsibility of Resident to initiate payment early enough to ensure it can be processed within the grace period, or a late fee will be assessed. The grace period is a courtesy, but Residents are reminded rent is still due on the 1st of every month. There will be a sixty-dollar ($60.00) 35.00 fee assessed on all insufficient fund transactions, plus all applicable late fees. The same fees apply if the payment cannot be approved due to incorrect account information, a spending limit that does not allow for such transaction, or other account issues. If Resident pays with a bank account that account must allow electronic processing. In order to be given possession of the apartment Resident must pay all balances in full, and other requirements described in this Lease Agreement must be met. Resident will bear the cost of Landlord’s legal fees and expenses pertaining to non-payment and collection of rent or damage fees and understands they can be sent into collections without further notice if there is an unpaid balance at the end of the Lease Termfees. Xxxxxxxx Landlord has the right to remind Resident of any payment due date, but it the responsibility is fully on the sole responsibility of Resident to make timely payments without any further notification from Landlord. Landlord has the right to require payments or certain types of payments to be made online via the Landlord’s or Management’s payment portal, and to charge a nominal processing fee in accordance with company policy. Landlord is not required to accept payments at the office located on the premises of L3 Campus Hill Apartments. If at Landlord’s discretion, a check, money order, cashier’s check, or credit card is accepted at the office as payment, Landlord reserves the right to charge a nominal processing fee in accordance with company policy. Landlord agrees to accept at least one payment type without a processing fee, so Resident has an option to make payments without incurring a processing fee. Landlord will not accept cash under any circumstances. Xxxxxxxx Landlord has the right to apply payments to charges due based on Landlords internal payment prioritization method, meaning regardless of Resident’s intent payments will be posted first to late fees, damage charges, and so on, with the balance applied against base rent only after payment of such charges have been paidcharges. Resident understands that full installment payments in agreed amount and timing must be tendered on stated due date. Landlord is not required to accept partial rental installments or payments less than the amount due. Resident may prepay for future rental installment payments due. If Resident overpays their balance Landlord is not responsible to refund such overpayment. If Landlord can refund such overpayment at Resident’s request, a processing fee may be charged. Resident and guarantor(s) hereby opt in agree to receive texts, electronic mail reminders, alerts and offers at contact info e-mail addresses provided and waive waives the right to hold Landlord Campus Hill Apartments liable for spam as defined in the CAN-SPAM Act. In connection with the administration and processing of the lease, the administration of common area utilities, costs incurred due to the access control system, and other services provided to Resident by Landlord during the term of this Lease, Resident will be required to, and agrees to pay a Lease Administration Fee of $265 per occupant, due with first rental installment outlined in the Summary of Lease Terms section of this Lease Agreement. This fee applies to the term of this lease only, and Resident may be charged additional fees for future leases. These fees are non- refundable and cannot be prorated.
Appears in 1 contract
Samples: Lease Agreement
Rent Payments. Time of rent payment is of the essence. In the event the rent is not received by the Landlord on or before the due date, then, at the option of Landlord, such failure to pay on time shall constitute default. Tender is not available as a remedy to Resident; that is, if rental payments are not paid on or before the due date, the delinquent payment of same will not cure the initial breach committed by nonpayment. Resident hereby waives any requirement of notice from Landlord to Resident that Resident is in default. If Landlord elects to accept a late payment, as of 24pm on the 5th day of the month a per person late fee shall be assessed to Resident equal to five percent (5%) of sixty-five dollars ($65)the rental installment amount. There will be an additional late fee assessed equal to five percent (5%) of ten dollars ($10) assessed daily the rental installment amount if rent is not paid in full by 2pm4pm on the 15th of the month; and a third late fee assessed equal to five percent (5%) of the rental installment amount if rent is paid in full by 4pm on the 25th of the month. Late fees will be assessed every month that each individual Resident’s account balance month, even if Resident is above $100 and must be included with payment. If Resident mails or delivers not on a monthly payment to the office drop box outside of business hours, it must be taken into consideration by Resident that it will not be processed until the next business day and therefore a late fee may be assessed to Resident, if applicable. Resident further understands that online payments may take up to 48 hours to process, and it is the sole responsibility of Resident to initiate payment early enough to ensure it can be processed within the grace period, or a late fee will be assessedplan. The grace period is a courtesy, but Residents are reminded rent is still due on the 1st of every month. There will be a sixty-dollar ($60.00) 35.00 fee assessed on all insufficient fund transactions, plus all applicable late fees. The same fees apply if the payment cannot be approved due to incorrect account information, a spending limit that does not allow for such transaction, or other account issues. If Resident pays with a bank account that account must allow electronic processing. In order to be given possession of the apartment Resident must pay all balances in full, and other requirements described in this Lease Agreement must be met. Resident will bear the cost of Landlord’s legal fees and expenses pertaining to non-payment and collection of rent or damage fees and understands they can be sent into collections without further notice if there is an unpaid balance at the end of the Lease Termfees. Xxxxxxxx has the right to remind Resident of any payment due date, but it the responsibility is on the sole responsibility of Resident to make timely payments without any further notification from Landlord. Landlord has will notify the right to require payments or certain types respective Credit Agencies of payments to default should payment not be made online via Landlordin a timely manner. This would be a 7 year line item on the tenant’s payment portal, and to charge a nominal processing fee in accordance with company policyrespective credit report. Landlord is not required to accept payments at the office located on the premises of L3 Campus Apartments. If at Landlord’s discretion, a check, money order, cashier’s check, or credit card is accepted at the office as payment, Landlord reserves the right to charge a nominal processing fee in accordance with company policy. Landlord will not accept cash under any circumstances. Xxxxxxxx has the right to apply payments to charges due based on Landlords internal payment prioritization method, meaning regardless of Resident’s intent payments will be posted first to late fees, damage charges, and so on, with the balance applied against base rent only after payment of such charges have been paidcharges. Resident understands that full installment payments in agreed amount and timing must be tendered on stated due date. Landlord is not required to accept partial rental installments or payments less than the amount due. Resident may prepay for future rental installment payments due. If Resident overpays their balance Landlord is not responsible to refund such overpayment. If Landlord can refund such overpayment at Resident’s request, a processing fee may be charged. Resident and guarantor(s) hereby opt in to receive texts, electronic mail reminders, alerts and offers at contact info provided and waive the right to hold Landlord liable for spam as defined in the CAN-SPAM Act. In connection with the administration and processing of the lease, the administration of common area utilities, costs incurred due to the access control system, and other services provided to Resident by Landlord during the term of this Lease, Resident will be required to, and agrees to pay a Lease Administration Fee of $265 per occupant, due with first rental installment outlined in the Summary of Lease Terms section of this Lease Agreement. This fee applies to the term of this lease only, and Resident may be charged additional fees for future leases. These fees are non- refundable and cannot be prorated.
Appears in 1 contract
Samples: Lease Agreement
Rent Payments. Time A. Resident shall pay rent monthly. Families may change rent calculation methods at any recertification. Families who have chosen the flat rent option may request a reexamination and change to the formula-based method at any time if the family’s income has decreased; their on-going expenses for such purposes as child care and medical care have changed; or for any other circumstances that create a hardship for the family that would be alleviated by a change. If Resident is paying the minimum rent and circumstances change creating an inability to pay the rent, the family may request suspension of the minimum rent because of a recognized hardship.
B. This rent amount is due on the first day of each month. It may be paid from the 1st through the 10th of each month from 9:00 am until 12:00 pm at the Property Manager’s office (money orders and checks ONLY). Cash payments will be accepted at the Elmwood Court office only. After the 10th of each month, rent may be paid at the Elmwood Court office. This shall remain in effect until adjusted in accordance with the provisions of this Lease.
C. If Resident fails to make the rent payment is by the TENTH CALENDAR DAY of the essencemonth, a Notice to Vacate will be issued to the Resident. In the event A $20.00 late charge will be assessed if the rent is not received paid by the Landlord on tenth calendar day of the month. A check returned for insufficient funds shall be considered non-payment of rent and in addition to the late charge a $25.00 returned check fee will be charged for a total of $45.00. Should the Notice to Vacate expire without payment, the HAP is NOT required to accept rent.
D. Resident is required to pay retroactive rent if the following circumstances occur. Retroactive rent is rent owed by the Resident to the Authority resulting from, among other things, Resident’s failure to provide adequate documentation, or before to report changes in income or family composition in a timely manner. Resident shall pay the due date, then, at full amount of retroactive rent in the option of Landlord, such same month that the retroactive rent is posted to the Resident’s account unless other payment arrangements are made with the Property Manager. Resident’s failure to pay on time timely retroactive rent shall constitute default. Tender is not available as a remedy to Resident; that is“non-payment of rent” and, if rental payments are not paid on or before the due datein such cases, the delinquent payment of same will not cure HAP shall have the initial breach committed by nonpayment. Resident hereby waives any requirement of notice from Landlord right to Resident that Resident is in default. If Landlord elects to accept a late payment, as of 2pm on terminate the 5th day of the month a per person late fee shall be assessed to Resident of sixty-five dollars ($65). There will be an additional late fee of ten dollars ($10) assessed daily if rent is not paid in full by 2pm. Late fees will be assessed every month that each individual Resident’s account balance is above $100 Lease and must be included with payment. If Resident mails or delivers a payment to the office drop box outside of business hours, it must be taken into consideration by Resident that it will not be processed until the next business day and therefore a late fee may be assessed to Resident, if applicable. Resident further understands that online payments may take up to 48 hours to process, and it is the sole responsibility of Resident to initiate payment early enough to ensure it can be processed within the grace period, or a late fee will be assessed. The grace period is a courtesy, but Residents are reminded rent is still due on the 1st of every month. There will be a sixty-dollar ($60.00) fee assessed on all insufficient fund transactions, plus all applicable late fees. The same fees apply if the payment cannot be approved due to incorrect account information, a spending limit that does not allow for such transaction, or other account issues. If Resident pays with a bank account that account must allow electronic processing. In order to be given obtain possession of the apartment Resident must pay all balances in full, and other requirements described in this Lease Agreement must be met. Resident will bear premises pursuant to available legal remedies.
E. In the cost of Landlord’s event legal fees and expenses pertaining proceedings are required to non-payment and collection of rent or damage fees and understands they can be sent into collections without further notice if there is an unpaid balance at the end recover possession of the Lease Term. Xxxxxxxx has the right to remind Resident of any payment due date, but it is the sole responsibility of Resident to make timely payments without any further notification from Landlord. Landlord has the right to require payments or certain types of payments to be made online via Landlord’s payment portal, and to charge a nominal processing fee in accordance with company policy. Landlord is not required to accept payments at the office located on the premises of L3 Campus Apartments. If at Landlord’s discretion, a check, money order, cashier’s check, or credit card is accepted at the office as payment, Landlord reserves the right to charge a nominal processing fee in accordance with company policy. Landlord will not accept cash under any circumstances. Xxxxxxxx has the right to apply payments to charges due based on Landlords internal payment prioritization method, meaning regardless of Resident’s intent payments will be posted first to late fees, damage charges, and so on, with the balance applied against base rent only after such charges have been paid. Resident understands that full installment payments in agreed amount and timing must be tendered on stated due date. Landlord is not required to accept partial rental installments or payments less than the amount due. Resident may prepay for future rental installment payments due. If Resident overpays their balance Landlord is not responsible to refund such overpayment. If Landlord can refund such overpayment at Resident’s request, a processing fee may be charged. Resident and guarantor(s) hereby opt in to receive texts, electronic mail reminders, alerts and offers at contact info provided and waive the right to hold Landlord liable for spam as defined in the CAN-SPAM Act. In connection with the administration and processing of the leasepremises, the administration of common area utilities, costs incurred due to the access control system, and other services provided to Resident by Landlord during the term of this Lease, Resident will be required tocharged with the actual cost of such proceedings, including but not limited to attorney fees and agrees to pay a Lease Administration Fee of $265 per occupant, due with first rental installment outlined in the Summary of Lease Terms section of this Lease Agreement. This fee applies to the term of this lease only, and Resident may be charged additional fees for future leases. These fees are non- refundable and cannot be proratedcourt costs.
Appears in 1 contract
Samples: Lease Agreement
Rent Payments. Time of rent payment is of the essence. In the event the rent is not received by the Landlord on or before the due date, then, at the option of Landlord, such failure to pay on time shall constitute default. Tender is not available as a remedy to Resident; that is, if rental payments are not paid on or before the due date, the delinquent payment of same will not cure the initial breach committed by nonpayment. Resident hereby waives any requirement of notice from Landlord to Resident that Resident is in default. If Landlord elects to accept a late payment, as of 24pm on the 5th day of the month to the 15th, a per person late fee of $50.00 shall be assessed to Resident the Resident. From the 16th to the end of sixty-five dollars ($65). There will be an additional late fee of ten dollars ($10) assessed daily if rent is not paid in full by 2pm. Late fees will be assessed every the month that each individual Resident’s account balance is above a $100 and must be included with payment. If Resident mails or delivers a payment to the office drop box outside of business hours, it must be taken into consideration by Resident that it will not be processed until the next business day and therefore a late fee may be assessed to Resident, if applicable. Resident further understands that online payments may take up to 48 hours to process, and it is the sole responsibility of Resident to initiate payment early enough to ensure it can be processed within the grace period, or a dollar late fee will be assessed. At their option, the Landlord can accept partial payment of Rent, but the Landlord does not waive his right to collect and enforce the payment of the remainder including late fees, regardless of whether or not the resident has made notations on checks or money orders and regardless of when the obligation came about. At the Landlord’s option, and without notice to the resident, any money that we received from the resident can first be applied to any outstanding charges (including but not limited to late fees, damage or repair charges, return check fees, fines, etc.) that the resident owes and then to the current monthly installment of rent, regardless of whether or not the resident has made notations on checks or money orders and regardless of when the obligation came about. If the payment made by the resident does not cover the total charges outstanding, the resident would immediately pay the difference, plus any late fees. The grace period is a courtesy, but Residents are reminded rent is still due on the 1st of every month. There will be a sixty-dollar ($60.00) 35.00 fee assessed on all insufficient fund transactions, plus all applicable late fees. The same fees apply if the payment cannot be approved due to incorrect account information, a spending limit that does not allow for such transaction, or other account issues. If Resident pays with a bank account that account must allow electronic processing. In order to be given possession of the apartment Resident must pay all balances in full, and other requirements described in this Lease Agreement must be met. Resident will bear the cost of Landlord’s legal fees and expenses pertaining to non-payment and collection of rent or damage fees and understands they can be sent into collections without further notice if there is an unpaid balance at the end of the Lease Termfees. Xxxxxxxx Landlord has the right to remind Resident of any payment due date, but it the responsibility is on the sole responsibility of Resident to make timely payments without any further notification from Landlord. Landlord has the right to require payments or certain types of payments to be made online via Landlord’s payment portal, and to charge a nominal processing fee in accordance with company policy. Landlord is not required to accept payments at the office located on the premises of L3 Campus Apartments. If at Landlord’s discretion, a check, money order, cashier’s check, or credit card is accepted at the office as payment, Landlord reserves the right to charge a nominal processing fee in accordance with company policy. Landlord will not accept cash under any circumstances. Xxxxxxxx has the right to apply payments to charges due based on Landlords internal payment prioritization method, meaning regardless of Resident’s 's intent payments will be posted first to late fees, damage charges, and so on, with the balance applied against base rent only after payment of such charges have been paidcharges. Resident understands that full installment payments in agreed amount and timing must be tendered on stated due date. The last month’s rent would be payable at the time of signing of lease in addition to the security deposit. Landlord is not required to accept partial rental installments or payments less than the amount due. Resident may prepay for future rental installment payments due. If Resident overpays their balance Landlord is not responsible to refund such overpayment. If Landlord can refund such overpayment at Resident’s request, a processing fee may be charged. Resident and guarantor(s) hereby opt in to receive texts, electronic mail reminders, alerts and offers at contact info provided and waive the right to hold Landlord liable for spam as defined in the CAN-SPAM Act. In connection with the administration and processing of the lease, the administration of common area utilities, costs incurred due to the access control system, and other services provided to Resident by Landlord during the term of this Lease, Resident will be required to, and agrees to pay a Lease Administration Fee of $265 per occupant, due with first rental installment outlined in the Summary of Lease Terms section of this Lease Agreement. This fee applies to the term of this lease only, and Resident may be charged additional fees for future leases. These fees are non- refundable and cannot be prorated.
Appears in 1 contract
Samples: Lease Agreement
Rent Payments. Time of rent payment is of the essence. In the event the rent is not received by the Landlord on or before the due date, then, at the option of Landlord, such failure to pay on time shall constitute default. Tender is not available as a remedy to Resident; that is, if rental payments are not paid on or before the due date, the delinquent payment of same will not cure the initial breach committed by nonpayment. Resident hereby waives any requirement of notice from Landlord to Resident that Resident is in default. If Landlord elects to accept a late payment, as of 2pm on the 5th day of the month a per person late fee shall be assessed to Resident of sixty-five dollars ($65). There will be an additional late fee of ten dollars ($10) assessed daily if rent is not paid in full by 2pm. Late fees will be assessed every month that each individual Resident’s account balance is above $100 and must be included with payment. If Resident mails or delivers a payment to the office drop box outside of business hours, it must be taken into consideration by Resident that it will not be processed until the next business day and therefore a late fee may be assessed to Resident, if applicable. Resident further understands that online payments may take up to 48 hours to process, and it is the sole responsibility of Resident to initiate payment early enough to ensure it can be processed within the grace period, or a late fee will be assessed. The grace period is a courtesy, but Residents are reminded rent is still due on the 1st of every month. There will be a sixty-dollar ($60.00) fee assessed on all insufficient fund transactions, plus all applicable late fees. The same fees apply if the payment cannot be approved due to incorrect account information, a spending limit that does not allow for such transaction, or other account issues. If Resident pays with a bank account that account must allow electronic processing. In order to be given possession of the apartment Resident must pay all balances in full, and other requirements described in this Lease Agreement must be met. Resident will bear the cost of Landlord’s legal fees and expenses pertaining to non-payment and collection of rent or damage fees and understands they can be sent into collections without further notice if there is an unpaid balance at the end of the Lease Term. Xxxxxxxx has the right to remind Resident of any payment due date, but it is the sole responsibility of Resident to make timely payments without any further notification from Landlord. Landlord has the right to require payments or certain types of payments to be made online via Landlord’s payment portal, and to charge a nominal processing fee in accordance with company policy. Landlord is not required to accept payments at the office located on the premises of L3 Campus Apartments. If at Landlord’s discretion, a check, money order, cashier’s check, or credit card is accepted at the office as payment, Landlord reserves the right to charge a nominal processing fee in accordance with company policy. Landlord will not accept cash under any circumstances. Xxxxxxxx has the right to apply payments to charges due based on Landlords internal payment prioritization method, meaning regardless of Resident’s intent payments will be posted first to late fees, damage charges, and so on, with the balance applied against base rent only after such charges have been paid. Resident understands that full installment payments in agreed amount and timing must be tendered on stated due date. Landlord is not required to accept partial rental installments or payments less than the amount due. Resident may prepay for future rental installment payments due. If Resident overpays their balance Landlord is not responsible to refund such overpayment. If Landlord can refund such overpayment at Resident’s request, a processing fee may be charged. Resident and guarantor(s) hereby opt in to receive texts, electronic mail reminders, alerts and offers at contact info provided and waive the right to hold Landlord liable for spam as defined in the CAN-SPAM Act. In connection with the administration and processing of the lease, the administration of common area utilities, costs incurred due to the access control system, and other services provided to Resident by Landlord during the term of this Lease, Resident will be required to, and agrees to pay a Lease Administration Fee of $265 175 per occupant, due with first rental installment outlined in the Summary of Lease Terms section of this Lease Agreement. This fee applies to the term of this lease only, and Resident may be charged additional fees for future leases. These fees are non- refundable and cannot be prorated.
Appears in 1 contract
Samples: Lease Agreement