Common use of ACCURACY AND RESPONSIBILITY Clause in Contracts

ACCURACY AND RESPONSIBILITY. Management has relied upon the information contained in Resident's application to enter into this Agreement. Resident warrants that their rental application is true, complete and accurate. Resident agrees that if he/she has falsified any statement in the rental application, Management has the right to terminate this Rental Agreement immediately and further agrees that Management shall be entitled to retain any performance fee and any prepaid rents as fair and just liquidated damages. Resident further agrees in the event Management exercises its option to terminate this Rental Agreement, he/she will remove him/herself, family and possessions from the Property within 24 hours of notification by Management. Resident further agrees to indemnify Management for any damages to Property including, but not limited to, the cost of making residence suitable for renting to another Resident, and waives any right of "set-off" for the performance fee and prepaid rents which shall be forfeited as fair and just liquidated damages. It is expressly understood that this Agreement is between Management and each Resident, whom shall always be jointly and severally liable for the performance of every agreement and promise made herein. In the event of default by any one Resident, each and every remaining Resident shall be responsible for timely payment of full rent and all other provisions of this Agreement.

ACCURACY AND RESPONSIBILITY. Management has relied upon the information contained in Resident's application to enter into this Agreement. Resident warrants Warrants that their rental application is true, complete and accurate. Resident agrees that if he/she has falsified any statement in the rental application, . Management has the right to terminate this Rental Agreement immediately and further agrees that Management shall be entitled to retain any performance fee and any prepaid rents as fair and just liquidated damages. Resident further agrees in the event Management exercises its option to terminate this Rental Agreement, he/she will remove him/herself, . family and possessions from the Property within 24 hours of notification by Management. Resident further agrees to indemnify Management for any damages to Property includingIncluding, but not limited to, the cost of making residence suitable for renting to another Resident, and waives any right of "set-off" ' for the performance fee and prepaid rents which shall be forfeited as fair and just liquidated damages. It is expressly understood that this Agreement is between Management and each Resident, whom shall always be jointly and severally liable for the performance of every agreement and promise made herein. In the event of default by any one anyone Resident, each and every remaining Resident shall be responsible for timely payment of full rent and all other provisions of this Agreement.