Elon University: Residence Life Apartment Lease Agreement Page 2

ADVERTISEMENT

this Agreement or (ii) terminate Tenant’s right to possession of the
Agreement shall, to the maximum extent of the law, release, indemnify,
hold harmless and forever discharge the University and its agents and
Apartment without terminating this Agreement. Regardless of whether the
University terminates this Agreement or only terminates Tenant’s right of
employees, for any and all liability, claims, demands, action and causes of
action whatsoever arising out of or related to any loss, theft, property
possession without terminating this Agreement, the University shall be
immediately entitled to possession of Tenant’s Room and Tenant shall
damage or personal injury, including death, whether such losses occur in
Tenant’s Room, the Apartment, or elsewhere in or around the Premises.
peacefully surrender possession of Tenant’s Room to the University
immediately upon the University’s demand. In the event the University
III. Termination Policies
terminates this Agreement, all of Tenant’s rights and the University’s
1.
Termination by Tenant: Except as provided below, Tenant may not
terminate this Agreement.
duties hereunder shall terminate and the University shall be entitled to
a. This Agreement may be terminated without penalty prior to the
collect from Tenant all unpaid Rent for the Agreement Term and any
damages resulting from Tenant’s breach.
In the event the University
Expiration Date only for the following reasons: withdrawal (medical and
terminates Tenant’s right of possession without terminating this
academic), transfer, graduation, or circumstances that are determined by
the University, in the University’s sole discretion, to be beyond Tenant’s
Agreement, Tenant shall remain liable for the full performance of all the
control (each, an “Authorized Reason”). If Tenant remains an enrolled
covenants hereof. In the event the University institutes a legal action
student and wishes to terminate this Agreement for a reason other than
against Tenant to enforce this Agreement or to recover any sums due
hereunder, Tenant agrees to pay the University’s reasonable attorney’s fees
an Authorized Reason, Tenant must secure another student (meeting
certain criteria and roommate approval) to fill the vacancy left by the
in addition to all other damages.
University’s Default, Limitation of Remedies and Damages: Until
termination.
If Tenant fails to secure a replacement tenant, the
2.
University reserves the right to hold Tenant liable for Rent for the
Tenant notifies the University in writing of an alleged default and affords
remainder of the Agreement Term. In any event, Tenant shall pay Rent
the University a reasonable time within which to resolve the default, no
for the month immediately following the month in which Tenant
default by the University in the performance of any of the obligations
terminates this Agreement.
herein agreed to by it or imposed upon it by law shall constitute a material
b. Tenant must provide documentary evidence to demonstrate cause for
breach of this Agreement and Tenant shall have no right to terminate this
termination and complete a Housing Cancellation Form available at the
Agreement for any such default or suspend his/her performance hereunder.
Residence Life Office in Moseley 213. If Tenant wishes to terminate this
In any legal action instituted by Tenant against the University, whether for
Agreement for reasons of withdrawal or transfer, Tenant must also
partial or material breach or breaches of this Agreement or any obligation
complete paperwork available in the Office of Student Development in
imposed by law upon the University, unless such breach or breaches shall
Moseley 206.
constitute willful or wanton negligence on the part of the University,
Tenant’s damages shall be limited to the difference, if any, between Rent
c. Termination of lease if enrolled and termination is not for an Authorized
Reason:
reserved in this Agreement and the reasonable rental value of the
Apartment. The University’s breach or breaches will be taken into account,
i. More than 31 days prior to Commencement Date:
$200 housing
and in no event, except in the case of the University’s willful or wanton
reservation fee refunded
ii. Between 1 and 31 days prior to Commencement Date: $0 housing
negligence, shall Tenant collect any consequential or secondary damages
reservation fee refunded
resulting from the breach or breaches, including, but not limited to, the
iii. On or after Commencement Date: $0 housing reservation fee
following items: damage or destruction of furniture or other personal
refunded plus $200 late cancellation fee assessed
property of any kind located in or about the Premises, moving expenses,
d. In the event that any of Tenant’s Roommates terminate his/her rental
storage expenses, alternative interim housing expenses, and expenses of
agreement with the University, the University reserves the right to
locating and procuring alternative housing.
increase Rent proportionally among Tenant and the remaining
V. Miscellaneous
Roommates. Tenant and the remaining Roommates shall have 30 days
1.
Entire Agreement: All University rules, regulations, policies and
after the termination of the rental agreement to secure a replacement
procedures (including those found in the Student Handbook and the
tenant before any such increase in the Rent takes effect. The University
Residential Policies) are incorporated herein and are part of this
reserves the right, but is not obligated, to fill the vacant space at any
Agreement. No modification of this Agreement will be enforceable unless
time or consolidate students into apartments if necessary.
reduced to writing and signed by Tenant and the Director of Residence Life
Initial Here ___________
and/or his/her designee.
e. This Agreement may not be terminated prior to the end of the Expiration
2.
Waiver: No waiver of any breach of any obligation or promise contained
Date for reason of studying abroad or internship (if receiving Elon
herein shall be regarded as a waiver of any future breach of the same or any
credit), whether optional or mandatory, unless Tenant secures another
other obligation or promise contained herein.
student (meeting certain criteria and roommate approval) to fill the
3.
Amendment of Laws: In the event that subsequent to the execution of this
vacant spot. If Tenant is unable to fill his/her vacant spot, s/he will be
Agreement any state statute regulating or affecting any duty or obligation
liable for Rent during his/her time away.
imposed upon the University pursuant to this Agreement is enacted,
2.
Termination by the University:
amended, or repealed, the University may, at its option, elect to perform in
a. Upon reasonable notice and for good cause, the University reserves the
accordance with such statute, amendment, or act of repeal in lieu of
right to terminate this Agreement at any time. Examples of good cause
complying with the analogous provision of this Agreement.
include, but are not limited to: (1) Tenant’s failure to pay required
4.
Dispute Resolution: Any disputes arising under this Agreement shall first
charges by announced deadlines; (2) Tenant’s change in student status,
be addressed to Residence Life. Any appeals to decisions therefrom shall
such as taking less than 12 credit hours per semester, or academic or
be resolved through the Office of the Assistant Vice President for Student
disciplinary suspension; (3) Tenant’s failure to comply with state or
Life. These procedures shall be followed prior to Tenant instituting any
federal laws, apartment policies and regulations, or rules and regulations
other legal proceedings.
adopted by the University; (4) Tenant abandoning the Apartment; and
5.
Severability: The invalidity of one or more provisions in this Agreement
(5) Sanction of Tenant because of an Honor Code violation.
shall not affect the validity of any other provision hereof, and the
b. If the University terminates this Agreement, Tenant shall be held
Agreement shall be construed and enforced as if such invalid provision(s)
responsible for Rent for the remainder of the Agreement Term.
were not included.
3.
Eminent Domain and Casualties: The University shall have the option to
terminate this Agreement if the Premises, or any part thereof, are
condemned or sold in lieu of condemnation or damages by fire or other
Effective as of the
day of
, 20
casualty.
By:
Title:
IV. Default
Tenant’s Default: In the event Tenant shall: (a) fail to pay Rent when it
1.
TENANT
shall become due hereunder; or (b) fail to perform any other promise, duty
Print Name:
or obligation herein agreed to by him/her or imposed upon him/her by law
and such failure shall continue for a period for five (5) days from the date
Student ID:
the University provides Tenant with written notice of such failure, then in
either of such events and as often as either of them may occur, the
Signature:
Signature of Student or Parent/Legal Guardian (if Tenant is under 18
University, in addition to all other rights and remedies provided by law,
years of age)
may at its option and with or without notice to Tenant, either (i) terminate

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Business
Go
Page of 2