Resident Initials Clause Examples
The 'Resident Initials' clause requires residents to place their initials next to specific sections or provisions within a document to indicate their acknowledgment and understanding of those particular terms. In practice, this often applies to key clauses such as rules about security deposits, pet policies, or late fees, where the landlord wants to ensure the resident has specifically reviewed and agreed to these important points. This clause serves to provide clear evidence that the resident has read and accepted critical terms, reducing the likelihood of disputes over whether certain provisions were properly communicated.
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Resident Initials. Resident to Promote Smoke-Free Policy and Alert Landlord of Violations: Resident shall inform his or her guest(s) of the smoke-free policy. Resident shall promptly notify Landlord in writing of any incident where smoke is migrating into Resident’s unit from sources outside of the Resident’s unit.
Resident Initials. □ The Premises is not yet metered for gas and/or electric service. Once the Premises has been metered, Landlord will provide at least sixty (60) days’ prior written notice to Resident to indicate the date upon which the Utility Allowance will commence and Utility Notices will be provided.
Resident Initials. Landlord shall not be liable for any losses or damages that result from outages, interruptions, or fluctuations in utilities provided to Resident's Premises, unless such loss or damage was the direct result of the willful misconduct or gross negligence of Landlord or Landlord's employees. Resident agrees not to disturb, terminate, interrupt, tamper with, adjust, or disconnect any utility service or sub-metering system or device. Resident agrees to allow Landlord to estimate consumption if the Resident's sub-meter is broken or otherwise does not transmit a meter reading until the meter is repaired.
Resident Initials bulk rate package of $60 per month / per Unit and billed separately at $12-15 per month / per Resident by setting up an account through provider Charter “Spectrum” in the Resident’s name(s), Unit address, and the East Townhomes Community bulk account number. Residents in the Unit may upgrade Internet, TV, Pay Per View, Wireless Cell Phone, and other Spectrum products and services at an additional cost at Resident(s) expense. The established monthly limits are as follows: Landlord is responsible for electric up to 1250 KWH per month or up to $150 per month maximum, water and sewer up to 10 HCF per month, and gas up to 10 MCF per month. These limits exceed the average usage of services based on previous year’s consumption. Any monthly utility excess overages will be equally divided among all Residents in the Unit and billed to each Resident. Payment will be due within 7 days upon receipt of invoice. This expense becomes immediately payable as additional Rent. If not paid, charges will be deducted from each Resident’s Security Deposit. Resident and Co-tenants must comply with all utility service provider’s rules and regulations and are jointly and severally liable for any intentional, non-intentional, or negligent actions including abuse or waste. Landlord will not be liable for any interruption, surge, or failure of any utility or for the malfunction of machinery or appliances serving the Unit and Premises for any reason or for any damage directly or indirectly caused by such interruption, surge, or failure. Resident and/or Co-tenants shall not allow any utilities to be disconnected by any means. Utilities must be used for normal household purposes only.
Resident Initials. REPAIRS: Residents shall make no repairs to the Premises or fixtures located within the Premises without the written approval of the Landlord. The Resident shall immediately notify the Landlord of any damage to the Premises. The Landlord shall make a diligent effort to repair or remedy a condition at the Premises if:
Resident Initials. [for units not yet separately metered and in live billing but expected to be in future]
Resident Initials. REQUIRED INSURANCE ADDENDUM TO LEASE AGREEMENT
1. LLL is designed to fulfill the minimum insurance requirement of the Lease Agreement. Landlord is the Insured under the LLL. Resident is not the Insured under the LLL policy and therefore Resident is afforded no individual protection or coverage for losses under the LLL policy. Landlord and Resident are not co-insureds under the same liability policy at any time during the Lease Term.
2. LLL coverage is not personal liability insurance or renters’ insurance. Resident is responsible for obtaining Resident’s own property, casualty, and liability insurance. All property kept or stored on the Premises shall be at Resident’s own risk and Resident agrees to indemnify and hold Landlord harmless from any injury, loss, claims, demands, suits or, judgments arising out of damages to same, including claims by Resident’s insurance carrier, to the fullest extent permissible by law. WE STRONGLY ENCOURAGE YOU TO CARRY RENTER’S INSURANCE. Resident acknowledges that the LLL does NOT cover the Resident’s personal property (contents of the unit) nor additional living expenses due to displacement or liability arising out of bodily injury to any third party, to the fullest extent permitted by law. Resident understands that if Resident currently carries Xxxxxx’s Insurance proof of the policy must be provided to the Manager prior to move-in inclusive of the declaration page and proof of Landlord being named as an interested party.
3. Resident acknowledges that Landlord and Manager have no liability for any damage or loss to Resident’s personal property to the fullest extent permitted by law.
4. Coverage under the LLL policy may be more expensive than the cost of minimum required insurance obtainable by Resident elsewhere. At any time, Resident may contact an insurance agent or insurance company of their choice for insurance options to satisfy the minimum required insurance under this Lease Agreement.
5. Licensed insurance agents may receive a commission on the LLL policy.
6. The total cost to the Resident for the Landlord obtaining LLL coverage shall be $12.00 per monthly rental installment, and shall be considered Additional Rent due under the Lease Agreement to the extent permitted by law. This includes premium payable to the LLL insurer, which includes taxes and fees due to state insurance and governing bodies and an Administrative Expense Fee to the Landlord for the expense of processing monthly payments and administering the p...
Resident Initials. Mitigation of Damages. If you move out early, you’ll be subject to paragraph 11 (Early Move-Out) and all other remedies. We’ll exercise reasonable efforts to re-rent, but it shall not take priority over our right to first rent other vacant units. We’ll credit all subsequent rent that we actually receive from subsequent residents against your liability for past-due and future rent and other sums due.
Resident Initials. Resident is encouraged but not required to obtain renters liability insurance. Resident is required to maintain renter’s liability insurance for the benefit of the Landlord and the Resident throughout the duration of the tenancy as specified below. Resident must provide proof of such insurance to the Landlord on demand. Failure to comply with this requirement is a material violation of this Agreement.