Common use of Surrender and Abandonment Clause in Contracts

Surrender and Abandonment. You have surrendered the apartment when: (A) the move-out date has passed and no one is living in the apartment in our reasonable judgment; or (B) apartment keys and ac- cess devices listed in Par. 2.1 have been turned in to us—whichever happens first. You have abandoned the apartment when all of the following have occurred: (A) everyone appears to have moved out in our reasonable judgment; (B) you’ve been in default for nonpayment of Rent for 5 consecutive days, or water, gas, or electric service for the apartment not connected in our name has been terminated or transferred; and

Appears in 6 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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