Definitions

Lease Commencement

The date on which a new lease agreement takes effect, establishing the beginning of the tenant-landlord relationship and associated terms.

Lease Renewal

The execution of a new lease term following the expiration of a prior lease, which may include updated terms, rates, or billing structures.

Month-to-Month Continuation

A tenancy that continues on a monthly basis after the expiration of a fixed-term lease, typically under the same or similar terms unless modified.

Third-Party Subscription

A recurring charge for internet service provided by an entity other than the property owner or management company, typically billed as a separate line item.

Technology Package

A bundled service offering that may include internet access along with other amenities or services, often billed as a single combined charge.

Embedded Rent

A billing structure in which internet or technology service costs are incorporated into the total monthly rent amount without a separately identified line item.