Total Fees. Subject to clause 7, the fees are fixed and will not change unless agreed in writing between the parties. The Authority will not be liable to pay the Provider any fees or charges for the services other than the fees.
Total Fees. The Resident agrees to pay to the University the Housing Fees described in the section 7.5 Housing Fees Schedule.
Total Fees. The Resident agrees to pay to the University the Residence Fees described in the section 4.5 Residence Fees Schedule. Students are expected to monitor their financial accounts on ACORN.
Total Fees. Both the member monthly fee and the deposit must be submitted prior to a new member moving into the house. If a new member is not able to pay the full amount prior to moving in, the deposit may be split in half in which half is due on the first day of moving in and the second half is due 14 days after moving in. There must be substantial proof to allow a deposit to be split into half amounts.
Total Fees. Even though there is no top-out or maximum amount guaranteed or implied in our estimation of our total fees owing, some basic budgeting assumptions have proven to be historically accurate in over 300 projects:
a. New Buildings
i. For simple designs on benign sites, with as-of-right permitting and limited bidding and drawing revisions, done on our Option #1 (consultancy fee basis), typical fees range anywhere from 7% - 11%. For similar projects on the Option #2 (full service fee basis), that fee can range from 11% - 16%.
ii. For more complex buildings with extensive custom detailing or projects that have heavy regulatory overview/requirements or difficult sites, or have more “value engineering” to control costs during the bidding of the project, the total fees for Option #1 (consultancy fee basis), will probably end up somewhere between 9% - 13%. On our Option #2 (full service fee basis), the fees on projects such as this typically range from 14% - 19%.
b. Additions/Renovations Option #1 (consultancy fee basis), will usually range anywhere from 11% - 14% of total construction costs. For Option #2 (full service fee basis), those charges will usually be somewhere between 14% - 19% of the total cost of construction.
Total Fees. The Resident agrees and acknowledges that by accepting an Offer of Residence at Graduate House the Resident is committing to staying for the full occupancy period (subject to the terms of this agreement). The Resident further agrees to pay an occupancy fee (“the Occupancy Fee”) corresponding to their assigned Room and related Suite for the entire Occupancy Period, as well as the Graduate House Council Fee, and other fees and/or deposits as outlined in Sections 5.1 to 5.5. Students are expected to monitor their financial accounts on ACORN.
5. 1 Fee Payments & Refunds Occupancy fees, Graduate House Council Fee, and other fees/deposits are payable and due as follows: (a) Application Fee: A fee of $100 is due at the time an application for residence is submitted to Graduate House. This fee is refundable to the applicant up until the point that an Offer of Residence is made. If the applicant does not accept this offer or does not respond, the Application Fee is forfeited and the application is cancelled. If the applicant accepts the Offer of Residence, this amount will be put towards their last month’s Occupancy Fee.; (b)
Total Fees. The Resident agrees and acknowledges that by accepting an Offer of Residence at Graduate House the Resident is committing to staying for the full occupancy period (subject to the terms of this agreement). The Resident further agrees to pay an occupancy fee (“the Occupancy Fee”) corresponding to their assigned Room and related Suite for the entire Occupancy Period, as well as the Graduate House Council Fee, and other fees and/or deposits as outlined in Sections 5.1 to 5.5. Students are expected to monitor their financial accounts on ACORN.
5.1 Fee Payments & Refunds Occupancy fees, Graduate House Council Fee, and other fees/deposits are payable and due as follows:
(a) Application Fee: A fee of $100 is due at the time an application for residence is submitted to Graduate House. This fee is refundable to the applicant up until the point that an Offer of Residence is made. If the applicant does not accept this offer or does not respond, the Application Fee is forfeited and the application is cancelled. If the applicant accepts the Offer of Residence, this amount will be put towards their last month’s Occupancy Fee; (b) Confirmation Deposit: A confirmation deposit of $500 is due at the time an applicant accepts the Offer of Residence. Once paid, this deposit is non-refundable if the Resident does not take up occupancy for whatever reason. If the Resident does take up occupancy this amount will be applied to their last month’s Occupancy Fee; (c) First installment due upon move-in: A further payment totaling the first month’s Occupancy Fee plus the last month’s Occupancy Fee, less fees/deposits already paid, is due on the first day of the Occupancy period. For University of Toronto students, this amount is charged to the student’s financial account on the Repository of Student Information (ACORN); (d) Graduate House Council Fee: set at a maximum of $35 per annum. This fee is calculated each semester based on the length of the Occupancy Agreement. It is due in full upon move-in, along with the first installment of the Occupancy Fee. For University of Toronto Students, is charged to the student’s financial account on ACORN. It is non-refundable.
Total Fees. The Resident agrees to pay to the University the Residence Fees described in the section 4.5 Residence Fees Schedule. All residents are required to purchase a meal plan following their offer of residence. Students are expected to monitor their financial accounts on ACORN.
4.1 Deposit and Payment Deadlines As part of the online housing application process, you have paid a combined total of $2000.00 non- refundable deposits. Upon taking occupancy, this deposit will be credited towards the Resident’s total Residence Fees balance. Residence Fees are applied to the ACORN account in two (2) installments posted after on-line room selection. The payment deadline for the first installment is August 2, 2023. The payment deadline for the second installment, is November 30, 2023. Any payments made after the deadline dates will be considered “late payments” and will be subject to a monthly service charge. For details on service charges or how to pay please visit the Student Accounts Website (xxxxx://xxxxxxxxxxxxxx.xxxxxxxx.xx/).
4.2 Failure to Pay and Delinquent Accounts The Resident will pay interest on any overdue payments based on the ACORN policies as follows: • All fees and charges posted to the Resident’s account are payable by the due date indicated; • If not paid in full, any outstanding account balance is subject to a monthly service charge of 1.5% compounded (19.56% per annum); please refer to the Student Accounts Website (xxxxx://xxxxxxxxxxxxxx.xxxxxxxx.xx/) for rate changes; and • Outstanding charges on the Resident’s account from prior sessions are subject to a service charge as of the 15th of every month until paid in full. Failure to pay Residence Fees may result in the denial of University privileges including access to the premises, access to transcripts and records of attendance, and the opportunity to register for classes. Delinquent accounts may also be sent to a collection agency for reconciliation.
Total Fees. Accounts Payables Service: Procurement Services: $15,900/mo. $9,000/mo.
Total Fees. Agreement / Indemnity
