Examples of Plan Type in a sentence
You understand and acknowledge that you are signing a lease for a Floor Plan Type (a “Floor Plan Lease”), and that pursuant to Section 5 of this Lease, your Monthly Installment Amount is subject to final assignment and the applicable Space Option premiums associated with the specific Unit and Bedroom assigned.
As such, your final Monthly Installment Amount may vary based upon Space Option premiums assessed or not assessed for location, floor level, view, master or standard bedroom types, balcony or patio, walk-in closet, or other value added or removed variations from the basic Floor Plan Type.
NOTE: In the event of any placement changes, Resident forfeits any right to, and at our discretion may be excluded from, any promotions, concessions or other leasing and marketing specials associated with the new-assignment Floor Plan Type, and/or that may be currently offered to the market for a New Lease of that Floor Plan Type, and/or that were offered at the time of their original Lease execution.
Assignment to a specific Unit and Bedroom which includes or does not include any or all Space Options available in a given Floor Plan Type is at the Owner’s option and sole discretion, and failure to assign a Unit and Bedroom with the originally indicated Space Options does not constitute a breach of this Agreement or release you from this Lease.
Note that Space Options cannot be guaranteed and Owner reserves the right to assign you to a Unit and Bedroom of the basic Floor Plan Type which may or may not include your original preference for items such as, but not limited to, Master Bedroom, Balcony, Aerial and Penthouse Space Options.