COST OF RELETTING Clause Samples

The "Cost of Reletting" clause defines the tenant's responsibility to cover expenses incurred by the landlord when re-renting the leased premises after the tenant vacates, especially in cases of early termination or default. These costs may include advertising, broker commissions, cleaning, repairs, and administrative fees necessary to prepare and market the property for new tenants. By allocating these costs to the departing tenant, the clause ensures the landlord is not financially disadvantaged by the tenant's early departure and helps maintain the property's rental income stream.
COST OF RELETTING. If Resident moves out without rent being paid in full for the entire lease term or renewal or extension period, Owner shall use diligence to relet and Resident shall be charged for cost of reletting regardless of whether reletting attempts are successful. Since it is difficult to evaluate costs of reletting relating to inconvenience, paperwork, advertising, showing apartments, air conditioning for showing, checking prospects, office overhead, and locater service fees (all of which vary greatly), it is agreed that costs of reletting shall be $1,500.00, regardless of whether actual costs are greater or lesser. This amount shall be payable at move-out and shall liquidate Resident’s liability for expenses of reletting; but it shall not terminate Resident’s liability for past due rentals, or charges for cleaning, repairing, repainting or other sums due under this lease; and the foregoing shall not waive or diminish Owner’s right to recover such additional amounts. All subsequent rentals received shall be credited against Resident’s liability for future rentals.
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COST OF RELETTING. If resident moves out, owner shall use diligence to relet; and all subsequent rentals received shall be credited against resident’s liability for future rentals. If resident is evicted or if resident moves out without owner’s written approval under paragraph 1 and without rent being paid in full for the entire lease term or renewal period, resident shall be charged for cost of reletting regardless of whether reletting attempts are successful; and resident shall continue to be liable for future rent. Since time, effort, and expenses of finding and processing a replacement are uncertain and difficult to ascertain (particularly those relating to inconvenience, paperwork, advertising, showing dwellings, air conditioning and utilities for showing, checking prospects, office overhead, marketing costs and locator service fees), it is agreed that costs of reletting shall be the amount stipulated in paragraph 3, such amount being reasonable under the circumstances existing at the time of signing. Such amount shall be due at move-out and shall liquidate resi- dent’s liability for the above costs of reletting , but it is not waive or diminish owner’s right to recover such other amounts.
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COST OF RELETTING. If Resident moves out, Manager shall use reasonable diligence to relet; all subsequent rentals received shall be credited against Resident's liability for future rentals. However, if Resident is evicted or if Resident moves out without Manager's written approval under paragraph 3 and without rent being paid in full for the entire Rental Agreement term or renewal or extension period, Resident shall remain liable for future rents and shall be charged for costs of reletting regardless of whether reletting attempts are successful. Since time, effort, and expense of finding and processing a replacement are uncertain and difficult to ascertain (particularly those relating to inconvenience, paperwork, advertising, showing Premises s, air conditioning and utilities for showing, checking prospects, office overhead, marketing costs, and locator service fees), it is agreed that costs of reletting shall be the amount stipulated in paragraph 3, such amount being reasonable under the circumstances existing at the time of signing. Such amount shall be due at move-out and shall liquidate Resident's liability for the above cost of reletting, but it shall not liquidate or terminate Resident's liability for past due rentals, future rentals, cleaning, repairing, repainting, lock changes, or other sums due under this Rental Agreement, and the foregoing shall not waive or diminish Manager's right to recover other amounts.
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COST OF RELETTING. We will pay for the costs necessarily and reasonably incurred with our consent during the indemnity period in reletting the buildings (including legal fees in connection with the reletting) solely in consequence of the incident.
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Related to COST OF RELETTING

  • Reletting With or without terminating this Lease, as Landlord may elect, Landlord may, by summary proceedings, re-enter and repossess the Premises, or any part thereof, and lease them to any other person upon such terms as Landlord shall deem reasonable, for a term within or beyond the term of this Lease; provided, that any such reletting prior to termination shall be for the account of Tenant, and Tenant shall remain liable for (i) all rent and other sums which would be payable under this Lease by Tenant in the absence of such expiration, termination or repossession, less (ii) the net proceeds, if any, of any reletting effected for the account of Tenant after deducting from such proceeds all of Landlord’s actual expenses, attorneys’ fees, employees’ expenses, reasonable alteration costs, expenses of preparation for such reletting and all other actual costs and expenses incurred as a result of Tenant’s breach of this Lease. Landlord shall use commercially reasonable efforts to relet the Premises. If the Premises are at the time of default sublet or leased by Tenant to others, Landlord may, as Tenant’s agent, collect rents due from any subtenant or other tenant and apply such rents to the rent and other amounts due hereunder without in any way affecting Tenant’s obligation to Landlord hereunder.

  • Cost of Repairs 54.1 Loss or damage to the Works or Materials to be incorporated in the Works between the Start Date and the end of the Defects Correction periods shall be remedied by the Contractor at the Contractor's cost if the loss or damage arises from the Contractor's acts or omissions.

  • Landlord’s Costs Tenant shall, within thirty (30) days after receipt of an invoice from Landlord, pay the reasonable costs, expenses, and fees of any architect or engineer employed by Landlord to review any plans and specifications and to supervise and approve any construction, or for any services rendered by such architect or engineer to Landlord as contemplated by any of the provisions of this Agreement, or for any services performed by Landlord's attorneys in connection therewith; provided, however, that Landlord will consult with Tenant and notify Tenant of the estimated amount of such expenses.

  • Base Year The period beginning on 1 April of one year and ending on 31 March of the following year.

  • Landlord’s Expenses In the event Tenant shall assign this Lease or sublet the Premises or request the consent of Landlord to any Transfer, then Tenant shall pay Landlord's reasonable costs and expenses incurred in connection therewith, including, but not limited to, attorneys', architects', accountants', engineers' or other consultants' fees.