Common use of Use of Deposit Clause in Contracts

Use of Deposit. This Deposit may be used to cover any unpaid rent owed to the Landlord at the time of Lease termination, or to reimburse the Landlord for the cost of repairing any damages to the Premises caused by the willful conduct or negligence of the Tenant, the Tenant’s family or guests or that is otherwise attributable to the Tenant. The Deposit may not be used to cover unpaid Rent or other charges while the Tenant continues to occupy the Premises.

Appears in 2 contracts

Sources: Residential Lease Agreement, Residential Lease Agreement

Use of Deposit. This Deposit may be used to cover any unpaid rent owed to the Landlord at the time of Lease termination, or to reimburse the Landlord for the cost of repairing any damages to the Premises Unit caused by the willful conduct or negligence of the Tenant, the Tenant’s 's family or guests or that is otherwise attributable to the Tenant. The Deposit may not be used to cover unpaid Rent or other charges while the Tenant continues to occupy the PremisesUnit.

Appears in 1 contract

Sources: Residential Lease Agreement