Common use of Termination of Residence Agreement Clause in Contracts

Termination of Residence Agreement. ➢ A Residence Agreement may be terminated if: ➢ The resident fails to pay rent by the due date and all notices to remedy have not been satisfied. ➢ The resident’s behaviour is deemed “unacceptable” by UniLodge (as defined by the Residence Agreement). ➢ The resident resorts to or takes advantage of any law for the protection of insolvent people, becomes bankrupt or commits an act of bankruptcy. At the termination of a Residence Agreement, all the residents’ personal belongings must be removed. Any belongings of value left in the apartment will be kept for 3 months and then disposed of.

Termination of Residence Agreement. ➢ ⮚ A Residence Agreement may be terminated if: ➢ ⮚ The resident fails to pay rent by the due date and all notices to remedy have not been satisfied. ➢ ⮚ The resident’s behaviour is deemed “unacceptable” by UniLodge (as defined by the Residence Agreement). ➢ ⮚ The resident resorts to or takes advantage of any law for the protection of insolvent people, becomes bankrupt or commits an act of bankruptcy. At the termination of a Residence Agreement, all the residents’ personal belongings must be removed. Any belongings of value left in on the apartment premises will be kept for 3 months 28 days and then disposed of.