Common use of ROOMMATE CHANGE Clause in Contracts

ROOMMATE CHANGE. A ROOMMATE CHANGE occurs when at least one or more RESIDENT(S) will be remaining in the apartment during the current lease term or any renewal thereafter, and wish to replace an existing roommate(s) with a new roommate(s). No roommate change is allowed without the execution of the Roommate Change Addendum and the Roommate Change and Deposit Brief and they shall be signed by ALL persons therein designated. New Roommate(s) must apply and qualify for occupancy. Only one (1) roommate change per lease term is allowed. If the vacating roommate(s) are due any security deposit refund, any such refund is to be collected by the vacating roommate(s) from the remaining and/or incoming roommate(s). A one hundred dollar ($100.00) Administrative Fee is charged for processing. Airbnb rentals, short term online rentals, and 3rd party rental contracts are not allowed. RI