Termination by Resident (a) The Occupant agrees to give the Grantor 4 weeks written notice if they intend to break their Occupancy Agreement before the Start of Occupancy or Termination Date and pay up to a $500 early termination fee, unless otherwise agreed with the Grantor this money is to be used for advertising, website updates.
(b) The Occupant acknowledges that if this Occupancy Agreement is terminated by him/her prior to the completion of the Period, he/she will remain liable to pay the full Occupancy Fee for the remainder of the fixed contract Period until another Occupant is found to occupy the Apartment and commences his/her residency. The Occupant agrees to make all reasonable endeavours to locate another Occupant, with or without assistance from the Grantor, acceptable to the Grantor.
(c) The Occupant agrees that: ▶If the Occupancy Fee is not paid, then the Grantor will undertake all necessary legal efforts to recover such a Fee. ▶If there is a requirement to apply to have funds released from the Security deposit and there are insufficient funds to cover any costs, the Occupant will be liable to pay the difference. ▶The Occupant agrees that the Early Termination Fee will be paid prior to departure.