Common use of Buyouts Clause in Contracts

Buyouts. A buyout is when a Resident pays an additional fee to not have a roommate in a double- occupancy housing unit. Buyouts are not guaranteed and typically offered to Residents who are in a double-occupancy room by themselves once the semester has begun, in September and January, if space allows. Buyouts are not available in all buildings or for all room types.

Buyouts. A buyout is when a Resident pays an additional fee to not have a roommate in a double- occupancy housing unit. Buyouts are not guaranteed and typically offered to Residents who are in a double-occupancy room by themselves once the semester has begun, in September and January, if space allows. Buyouts are not available in all buildings or for all room types. When a buyout is not permitted, the unassigned side of the unit must remain clear of belongings to be occupied at any time.