# Payment Terms & Conditions --- * Rent must be paid in full by the due date each month * Late payments will incur the specified late fee after a 5-day grace period * All payments should be made via bank transfer or certified check * Tenant is responsible for any bank fees associated with payments * Rent adjustments for academic breaks will be prorated accordingly # Shared Responsibilities --- 1. Weekly cleaning schedule rotation 1. Equal split of utility bills 1. Shared grocery expenses for common items 1. Quiet hours from 10 PM to 8 AM 1. 24-hour notice for overnight guests 1. Keep common areas clean and organized # Deposit Terms & Refund Conditions --- * **Full Refund:** Property returned in original condition, normal wear and tear excepted * **Partial Refund:** Minor damages or cleaning fees may be deducted * **Refund Timeline:** Deposit will be returned within 30 days of lease termination * **Inspection:** Move-out inspection will be conducted within 3 days of departure * **Documentation:** Photos will be taken during move-in and move-out inspections * **Deductions:** Any deductions will be itemized and documented with receipts