Common use of PARKING DEPOSIT Clause in Contracts

PARKING DEPOSIT. Resident agrees to pay Owner a sum of $0.00, as a parking deposit, due prior to move-in. Owner will consider the parking deposit part of the security deposit for all purposes, and is not limited in use to damages caused within the parking spaces in this Addendum. The deposit amount listed in Section 4 of the Lease Contract (entitled "Security Deposit") includes the parking deposit. Refund of the security deposit will be subject to the terms and conditions set forth in the Lease Contract, and the parking deposit is not separately refundable even if parking is no longer needed prior to the end of the tenancy.

Appears in 5 contracts

Samples: Residential Lease Contract, Residential Lease Contract, Residential Lease Contract

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