Reletting Charge. You’ll be liable for a reletting charge as listed in Lease Details, (not to exceed 85% of the highest monthly Rent during the Lease term) if you: (A) fail to move in,
Reletting Charge. You’ll be liable for a reletting charge as
Reletting Charge. If Landlord takes possession of the Premises because Resident fails to give 30-day written move-out notice; Resident moves out without Landlord’s written approval and without paying rent in full for the entire Lease Contract term or renewal period; Resident moves out at Landlords demand because of Resident’s default; a judgment for possession is entered against Resident; or Resident refuses to take possession of the Premises, resulting in a breach of this Lease Contract, Landlord will charge Resident $300 as a reletting charge, which is neither a Lease Contract cancellation fee nor a buyout fee and does not release Resident from continued liability for future or past-due rent, cleaning, repairing, repainting, lock changes, or other sums due. Rather, the reletting charge is to reimburse Landlord for Landlord’s damages, for, Landlord’s time, effort, and expense in finding and processing a replacement resident, advertising, showing apartments, utilities for showing, checking prospects, office overhead, marketing costs, and locator service fees. The reletting charge is an estimate by Resident and Landlord of the reasonable and anticipated costs of reletting and is intended to serve as liquidated damages. The reletting charge is due whether or not Landlord’s reletting attempts succeed. Acceleration. All monthly rent for the rest of the Lease Contract term or renewal period shall be accelerated automatically without notice or demand (before or after acceleration) and will be immediately due and delinquent if, without Landlord’s written consent: (1) Resident moves out, removes property in preparing to move out, or gives oral or written notice (by Resident or any occupant) of intent to move out before the Lease Contract term or renewal period ends; and (2) Resident has not paid all rent for the entire Lease Contract term and renewal period. Such conduct is considered a default for which Landlord need not give Resident notice. Remaining rent will also be accelerated if a judgment for possession enters against Resident or Resident moves out when Landlord demands possession because of a default. Landlord’s right to accelerate is in lieu of having rent for the entire term payable when the Lease Contract begins.
Reletting Charge. If Landlord takes possession of the Leased Premises and Tenant failed to give 30-day written move-out notice, Tenant moves out without Landlord’s written approval and without paying rent in full for the entire Lease Contract term or renewal period; Tenant moves out at Landlord’s demand because of Tenant’s default, a judgment for possession is entered against Tenant, or Tenant refuses to take possession of the Premises, resulting in a breach of this Lease Contract, Landlord will charge Tenant $500 as a reletting charge, which is neither a Lease Contract cancellation fee nor a buyout fee and does not release Tenant from continued liability for future or past-due rent, cleaning, repairing, repainting, lock changes, or other sums due. Rather, the reletting charge is to reimburse Landlord for Landlord’s damages, for, Landlord’s time, effort, and expense in finding and processing a replacement Tenant, advertising, showing the Premises, utilities for showing, checking prospects, office overhead, marketing costs, and locator service fees. The reletting charge is an estimate by Tenant and Landlord of the reasonable and anticipated costs of reletting and is intended to serve as liquidated damages. The reletting charge is due whether or not Landlord’s reletting attempts succeed.
Reletting Charge. You’ll be liable to us for a re-letting charge of $200 if you:
