Hi
My lease ends July 31 and my landlord is raising 10% rent. Hence, I plan to move due to financial difficulties suffered from COVID 19 to a more affordable place.
The lease has a clause that reads "In the event Tenant holds over after the expiration of the term of the lease or in the event the Lease is terminated, Tenant will pay use and occupancy to Landlord in the amount of $6000 per month, for any part of that month from the date of any such holding over in full or before the first of the month." The $6000 is not my rent just fyi. My rent is much lower.
My question is if I hold over for 10 days in August, based on the above clause, does it mean that (a) I have to pay $6000? or (b) I pay $6000 x 10 days / 31 days = $1,935? I am a bit confused with the language when it says "for any part of that month from the date of any such holding over in full" , I am not sure if in full means paying $6000 no matter how many days I stay past my lease. For example, if I stay till Aug 2, do I pay $6000 based on the clause.
thanks