Common use of Refundable Deposit Clause in Contracts

Refundable Deposit. A security deposit in the amount of $150.00 (the “Deposit”), made by check and payable to Enclave at Altamonte Townhome Association, Inc., must be submitted with this Agreement to reserve the POOL AREA for the Event. The Deposit is refundable within five (5) business days of the Event provided that the POOL AREA is left clean and there is no damage to any furnishings, walls, floors, fixtures, or equipment. Any costs incurred in repairing any loss or damage to the POOL AREA or for cleaning the POOL AREA after the Event, will be deducted from the Deposit. Should damages exceed the Deposit amount, the Resident shall be responsible for any additional costs, including repair or replacement of any furnishings, walls, floors, fixtures, or equipment, which are damaged, lost, or stolen by the Resident or the Resident’s guests or invitees. The Association shall perform such repair and charge all costs in excess of the Deposit to the Owner as an Individual Assessment pursuant to Declaration Article VIII, Section 5. Failure to pay the Individual Assessment timely shall constitute grounds for collection action pursuant to Declaration Article VIII, Section 9, including recording a lien on the Owner’s Residential Property. The POOL AREA is a smoke free facility, and smoking is prohibited in and on the grounds of the POOL AREA.

Refundable Deposit. A security deposit in the amount of $150.00 (the “Deposit”), made by check and payable to Enclave at Altamonte Townhome Sunbrooke Homeowners Association, Inc., must be submitted with this Agreement to reserve the POOL AREA for the Event. The Deposit is refundable within five (5) business days of the Event event provided that the EVENT ENDED at said time, POOL AREA is left clean and there is no damage to any furnishings, walls, floors, ,fixtures, or equipment. Any costs incurred in repairing any loss or damage to the POOL AREA or for cleaning the POOL AREA after the Event, will be deducted from the Deposit. Should damages exceed the Deposit amount, the Resident shall be responsible for any additional costs, including repair or replacement of any furnishings, walls, floors, fixtures, or equipment, which are damaged, lost, or stolen by the Resident or the Resident’s guests or invitees. The Association shall perform such repair and charge all costs in excess of the Deposit to the Owner as an Individual Assessment pursuant to Declaration Article VIII, Section 5. Failure to pay the Individual Assessment timely shall constitute grounds for collection action pursuant to Declaration Article VIII, Section 9, including recording a lien on the Owner’s Residential Property. The POOL AREA is a smoke free facility, and smoking is prohibited in and on the grounds of the POOL AREA.

Refundable Deposit. A security deposit in the amount of $150.00 (the “Deposit”), made by check and payable to Enclave Xxxxxxx Park at Altamonte Townhome Xxxxxxx Farms Homeowners Association, Inc., must be submitted with this Agreement to reserve the POOL AREA for the Event. The Deposit is refundable within five (5) business days of the Event provided that the POOL AREA is left clean and there is no damage to any furnishings, walls, floors, fixtures, or equipment. Any costs incurred in repairing any loss or damage to the POOL AREA or for cleaning the POOL AREA after the Event, will be deducted from the Deposit. Should damages exceed the Deposit amount, the Resident shall be responsible for any additional costs, including repair or replacement of any furnishings, walls, floors, fixtures, or equipment, which are damaged, lost, or stolen by the Resident or the Resident’s guests or invitees. The Association shall perform such repair and charge all costs in excess of the Deposit to the Owner as an Individual Assessment pursuant to Declaration Article VIII, Section 5. Failure to pay the Individual Assessment timely shall constitute grounds for collection action pursuant to Declaration Article VIII, Section 9, including recording a lien on the Owner’s Residential Property. The POOL AREA is a smoke free facility, and smoking is prohibited in and on the grounds of the POOL AREA.

Refundable Deposit. A security deposit in the amount of $150.00 (the “Deposit”), made by check and payable to Enclave at Altamonte Townhome AssociationXxxxxx Xxxx XXX, Inc., must be submitted with this Agreement to reserve the POOL AREA for the Event. The Deposit is refundable within five (5) business days of the Event provided that the POOL AREA is left clean and there is no damage to any furnishings, walls, floors, fixtures, or equipment. Any costs incurred in repairing any loss or damage to the POOL AREA or for cleaning the POOL AREA after the Event, will be deducted from the Deposit. Should damages exceed the Deposit amount, the Resident shall be responsible for any additional costs, including repair or replacement of any furnishings, walls, floors, fixtures, or equipment, which are damaged, lost, or stolen by the Resident or the Resident’s guests or invitees. The Association shall perform such repair and charge all costs in excess of the Deposit to the Owner as an Individual Assessment pursuant to Declaration Article Articlle VIII, Section 5. Failure to pay the Individual Assessment timely shall constitute grounds for collection action pursuant to Declaration Article VIII, Section 9, including recording a lien on the Owner’s Residential Property. The POOL AREA is a smoke free facility, and smoking is prohibited in and on the grounds of the POOL AREA.