Common use of HOA Clause in Contracts

HOA. Tenant acknowledges that Tenant has received a copy of, read, understood and agrees to abide by all HOA rules and regulations an/or other changes assessed against the Property of Landlord by the HOA for Tenant’s failure to comply with the HOA Rules. Landlord may charge back onto Tenant’s ledger any fines or other charges assessed against the Property of Landlord by the HOA, as well as any administrative fees (which are subject to change from time to time at Landlord’s sole discretion) incurred by Landlord in connection with Tenant’s non-compliance with the HOA Rules.