Single Resident Clause Samples
The Single Resident clause establishes that only one individual is permitted to reside in the leased premises. In practice, this means the leaseholder cannot have roommates, subtenants, or allow others to live in the property, and the landlord may conduct checks or require notification to ensure compliance. This clause helps landlords maintain control over occupancy, reduce wear and tear, and avoid complications that can arise from unauthorized residents.
Single Resident. Two Guests
Single Resident. In lieu of the Monthly Fee you shall pay the prevailing Health Center per diem rate established by the Executive Director (the “Per Diem”), plus any applicable Additional Fees and Additional Health Center Fees. If you reside in the Health Center on an Extended Stay basis and do not release your Living Accommodation, you will also pay the Primary Monthly Fee in addition to the other fees described in this Subsection V.D.1. If you are Financially Unable to Pay (as defined in Article V, Section H, of the Contract) the Per Diem, Primary Monthly Fee (if applicable) and associated Additional Fees and Additional Health Center fees, then any such unpaid fees shall be deferred and deducted from any refund owed to you or your estate under this Contract; provided, however, that any unpaid fees in excess of any such refund shall not be forgiven and shall permit us to terminate the Contract under Article VI, Section B.1., of the Contract.
Single Resident. If Resident is the sole occupant of a Residence and Resident Transfers to the Health Center, Resident may request that IKF apply to their outstanding balance the following amount attributable to the Resident’s Entrance Fee refund: the difference between the current Monthly Fee for the Residence and the current monthly sum of the per diem Health Center charge after any and all Medicare, and other third party payor payments, as applicable, provided that the monthly sum of the per diem Health Center charge is more costly than the Monthly Fee. (Example: Monthly Fee = $2,000; monthly sum of per diem Health Center charges after third party payor payments = $7,500; difference = $5,500. Five thousand five hundred dollars ($5,500) would be applied to Resident’s outstanding balance from the amount attributable to the Entrance Fee refund. This example assumes a one-month residency in the Health Center. Shorter stays would be prorated in accordance with the actual number of days in the Health Center.)