Common use of Responsibility for Damage or Loss Clause in Contracts

Responsibility for Damage or Loss. Resident’s signature on the Room Condition Report (“RCR”) acknowledgement form establishes the Residents’ acceptance of the condition of the Premises and its contents at the time of initial occupancy, and therefore, this RCR becomes the standard for the condition of the Premises and its contents at the termination of occupancy. Resident acknowledges that they may be billed for any discrepancies found between check-in and check-out RCRs.