APPLICATION FEE, REDECORATION FEE, AND SECURITY DEPOSIT Clause Samples

APPLICATION FEE, REDECORATION FEE, AND SECURITY DEPOSIT. Upon execution and return of this Lease, Resident shall pay $450.00 to ▇▇▇▇▇ Properties LLC which includes a $50 Non-Refundable Application & Leasing Service Fee to cover the costs associated with processing of Resident Application, a $200 Non-Refundable Redecoration Fee to cover the normal expenses incurred by Landlord returning the Unit to their original condition, and a $200 Refundable Security Deposit to be held by the Landlord, as security for the faithful performance of the provisions of the Lease and relating to the Residents’ obligation to keep the Unit in good repair and good condition. The Application Fee and the Redecorating Fee are not refundable. The Security Deposit is refundable and shall be returned to Resident (net of any permitted deductions) within thirty (30) days following the termination of this Lease Term unless Resident chooses to renew the Lease. Prior to the lease expiration, Resident must provide forwarding address. Nothing shall give Resident the right to withhold the Rent, or shall prohibit Landlord from exercising any of the rights with respect to the non-payment of Rent. Prior to the Security Deposit being returned, all utility bills and any other charges related to the period of Residents’ occupancy of the Unit shall have been satisfied. This Lease will not be deemed accepted by Landlord until this Lease is signed by Resident and returned along with the Deposit unless otherwise approved by Landlord. Prior to Resident taking possession of the Unit, Resident shall have paid all Rents and any other amounts due unless otherwise approved by Landlord.