Booking Fee. a. Regardless of the duration of the tenancy period, a booking fee shall be collected. b. The booking fee shall be retained as a security deposit during the tenancy period. c. The booking fee shall not be refunded when a tenant chooses to cancel the contract after date of the first day in the academic year. d. The booking fee/security deposit shall be transferred to a subsequent tenancy agreement concluded between the same tenant and OES properties, but only from winter to summer Semesters, within the same academic year. e. The booking fee/security deposit shall be refunded at the end of the tenancy agreement, only when a tenant follows the evacuation procedures as published in the housing system, after deduction of any damages and/or outstanding balance. f. The Tenant shall lose his/her right to the booking fee/security deposit if he/she fails in following the evacuation procedures.
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