Common Contracts
1 similar Dwelling Lease contracts
DWELLING LEASEDwelling Lease • August 29th, 2017
This lease shall automatically be renewed for successive terms of twelve months at a basic rate of $_XXXXXX_ per month, due and payable in advance on or before the first day of each calendar month, and in no event later than the fifth day of each calendar month, unless adjusted in accordance with the other terms of this lease. For rent paid after the fifth day of the month, there shall be applied a late charge of $25.00, to reimburse the Authority for the expense of collection caused by the late payment. The late charge is due and collectable two (2) weeks after written notice (informing Resident of the last day to pay all rent and charges) has been submitted by Management. A consistent history of late payment of rent may result in lease cancellation. It is expressly agreed that basic rents herein referred to are subject to the “Schedule of Rents”, or any future revision thereof, approved by Management and the U. S. Department of Housing and Urban Development as posted in Management’s
