Termination & Cancellation Policy

Upon the termination of this Agreement, provided that there are no damage claims or unpaid amounts then owing, the Deposit will be refunded to the Resident as described in section 8 of this Agreement.

The Resident must pay the “Residence Fees” in accordance with the Rates and Payment Schedules detailed in Table 4 for the right to occupy a Room during the Term. Tables 2, 3 and 4 also detail additional Fees that the Resident is subject to, including the mandatory non-refundable Residence Life Activity Fee and the cost of Extended Terms. If a hard copy of this agreement is required by the Manager, the Resident is required to select one of the payment schedule options, by initialling their desired option.

1. The Application Fee for all terms (Summer 2023, Academic Year 2023-2024 and Winter 2024) is $100.00.
2. Academic Year 2023-2024 Payment Schedule Option (b) includes a non-refundable $100.00 administration fee and Option (c) includes a non-refundable $200.00 administration fee.

Summer Semester 2023 – Payment Schedule

(a) $2,900.00 payable on or before April 15, 2023, at 5:00 p.m. or
(b) $2,900.00 payable as to $725.00 on or before April 15, 2023 at 5:00 p.m. and as to $725.00 on or before May 15, 2023 at 5:00 p.m. and as to $725.00 on or before June 15, 2023 at 5:00 p.m. and as to $725.00 on or before July 15, 2023 at 5:00 p.m.

Academic Year 2023-2024 Payment Schedule

(a) $8,500.00 payable on or before June 15, 2023, at 5:00 p.m. or
(b) $8,600.00 payable as to $4,300.00 on or before June 15, 2023 at 5:00 p.m. and as to $4,300.00 on or before September 15, 2023 at 5:00 p.m.
(c) $8,700.00 payable as to $2,500.00 on or before June 15, 2023 at 5:00 p.m. and as to $2,500.00 on or before August 1, 2023 at 5:00 p.m. and as to $3,700.00 on or before September 15, 2023 at 5:00 p.m. 

Winter Semester 2024 – Payment Schedule

(a) $4,250.00 due December 1, 2023 at 5:00 p.m. or if accepted after December 1, 2023 payment is due immediately.

This agreement may be terminated by the Manager if: (a) the Resident fails to check into their assigned Room within five (5) days of the first day of the Semester; (b) the Resident abandons their Room as detailed in section 8.03 of this Agreement; (c) the Resident decides not to accept the Room they were assigned, or any alternate rooms offered to them during the course of this Agreement; or (d) the Resident violates any of the terms of this Agreement, including violations of the Residence Community Living Standards or Institution Standards. Written Notice of Termination of Residency will be delivered to the Resident, and if necessary, the Manager may notify the Primary or Secondary Contact by phone or e-mail of the termination of the Resident’s residency. If the Resident is unavailable to receive service of the notice in person, then delivery of the notice to the Resident’s Room shall be deemed proper service and delivery. The Resident will be allowed 24 hours from the date and time of delivery of the Notice of Termination of Residency to fully vacate and remove all personal belongings from the Residence.

Cancellations occur prior to the Resident occupying the Room. If the Resident wishes to cancel this Agreement or  their residence application, the Resident must notify the Manager in writing via the online residence cancellation process prior to occupying the Room. Withdrawals occur after the Resident has occupied the Room. If the Resident wishes to withdraw from Residence, the Resident must complete a Residence Withdrawal Form and return it to the Front Desk within 5 business days of the anticipated departure date. Please note that the Residence operates independently from the Institution and if the Resident cancels their application or enrolment at the Institution, they will also need to cancel their Residence application. Refunds will be issued by the Manager as detailed in section 8.06.

If the Resident vacates the Room for a period greater than 15 days prior to the expiry of the Term without the Manager’s prior agreement, the Room will be deemed abandoned by the Resident. In that event, the Manager may (i) repossess the Room without liability to the Manager, and (ii) enter into an agreement for the occupancy of the Room with a third party.

Upon the termination of the privileges of this Agreement, the Resident shall vacate the Room within the time frame given, and deliver to the Manager vacant possession of the Room together with all of the furnishings, fixtures, and appliances of the Residence, and the furnishings and fixtures shall be in good condition, with reasonable wear and tear excepted. The Resident will follow the Move-out Procedures explained in section 3.02 of this Agreement and all additional directions communicated by the Manager.

If the Resident does not vacate the Residence on the expiry or early termination of this Agreement, (i) the Resident is liable for any financial loss sustained or incurred by the Institution or the Manager, and (ii) the Manager may remove the property of the Resident from the Room (whether or not the Resident is present at the time), and place the property in temporary storage in a location in the Residence of the Manager’s choice, at the Resident’s expense, without notice to the Resident and without liability to the Manager for any damage to or loss of the Resident’s property.

Upon the termination of this Agreement or residence application by the Resident, as detailed in section 8.02, the Residence may be entitled to a partial refund of Residence Fees, without interest, within eight (8) weeks of the Resident vacating the Residence or cancelling their residence application. The refund will be in the form of a cheque mailed to the Resident’s permanent address on file in the Resident’s name only. If a student requires a cheque to be reissued as a result of the resident not providing an updated address prior to vacating residence and/or canceling their residence application, a charge of $50 may be applied. Refunds are issued based on the following:

(i) If the Resident’s written cancellation request is received by the Residence Manager on or before June 15 (Deadline 1), whether the Resident has been accepted into Residence or not, the Resident will receive a full refund of the Deposit and any Residence Fees paid to date.

(ii) If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s written cancellation request after June 15 (Deadline 1) but on or before August 1 (Deadline 2), then the Resident’s Deposit will be forfeited. The Resident will receive a full refund of any Residence Fees paid to date.

(iii) If the Resident is on the wait list for Residence and the Residence Manager receives a written cancellation request before the Resident is accepted to Residence, then the Resident will be refunded the full Deposit.

(iv) If the Resident is on the wait list and a space becomes available after June 15 (Deadline 1), the Resident will be offered a space in Residence and asked to confirm the status of the Resident’s Residence acceptance within 24 hours. After confirmation to the Residence, all regular cancellation policies and payment deadlines apply.

(v) If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s written cancellation request after August 1 (Deadline 2), but on or before the first day of the Term (Deadline 3), then the Resident will be charged a late cancellation fee. The cancellation fee will be equivalent to 45 days of  Residence Fees. The Deposit will be refunded less any damages, charges or money owing to the Residence.

(vi) If the Residence Manager receives the Resident’s written cancellation request after the first day of the Term (Deadline 3) and on or before November 15 (Deadline 4), then the Resident will be charged for each day they occupy a Residence room plus a cancellation fee. The Resident must complete all Move-out Procedures detailed in section 3.02 before cancellation fees and refunds will be assessed and issued. The cancellation fee will be equivalent to 60 days of Residence Fees. The cancellation fee will not exceed the Agreement end date (“Move-Out Day”) or as Customized by the Manager section, detailed in Table 1. The Deposit will be refunded less any damages, charges or money owing to the Residence.

(vii) If the Residence Manager receives the Resident’s written cancellation request after November 15 (Deadline 5), then the Resident will be charged for each day they occupy a Residence room plus a cancellation fee. The Resident must complete all Move-out Procedures detailed in section 3.02 before cancellation fees and refunds will be assessed and issued. The cancellation fee will be equivalent to 90 days of Residence Fees. The cancellation fee will not exceed the Agreement end date (“Move-Out Day”) or as Customized by the Manager section, detailed in Table 1. The Deposit will be refunded less any damages, charges or money owing to the Residence.

(i) If the Resident’s written cancellation request is received by the Residence Manager on or before Deadline 1, whether the Resident has been accepted into Residence or not, the Resident will receive a full refund of the Resident’s Deposit and any Residence Fees paid to date.

(ii) If the Resident is on the wait list for Residence and the Residence Manager receives a written cancellation request before the Resident is accepted to Residence, then the Resident will be refunded the full Deposit.

(iii) If the Resident is on the wait list and a space becomes available, the Resident will be offered a space in Residence and asked to confirm the status of the Resident’s Residence acceptance within 24 hours. After confirmation to the Residence, all regular cancellation policies and payment deadlines apply.

(iv) If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s written cancellation request after Deadline 1, but on or before the first day of the Term (Deadline 2) , then the Resident will be charged a late cancellation fee. The cancellation fee will be equivalent to 45 days of Residence Fees. The cancellation fee will not exceed the Agreement end date (“Move-Out Day”) or as Customized by the Manager section, detailed in Table 1. The Deposit will be refunded less any damages, charges or money owing to the Residence.

(v) If the Resident has been accepted into Residence and the Residence Manager receives the Resident’s written cancellation request after the first day of the term (Deadline 3) then the Resident will be charged for each day they occupy a Residence room plus a cancellation fee. The cancellation fee will be equivalent to 60 days of Residence Fees. The cancellation fee will not exceed the Agreement end date (“Move-Out Day”) or as Customized by the Manager section, detailed in Table 1. The Deposit will be refunded less any damages, charges or money owing to the Residence.

Late applicants will be subject to the same cancellation deadlines outlined below. The cancellation date is the date the student vacates the Residence.

Summer Applications & Agreements

Deadline 1

Date: After Application – On or before April 1
Fee: Full refund of Deposit and Residence Fees.

Deadline 2

Date: After April 1 – On or before Move-In Day
Fee: Deposit and Residence Fees refunded. Cancellation Fee equivalent to 45 days of Residence Fees.

Deadline 3

Date: After Move-In Day
Fee: Charged for each day they occupy a Residence room plus a cancellation fee equivalent to 60 days of Residence Fees.

Late applicants will be subject to the same cancellation deadlines outlined below. The cancellation date is the date the student vacates the Residence.

Academic Year Application & Agreements

Deadline 1

Date: After Application – On or before June 15
Fee: Full refund of Deposit and Residence Fees.

Deadline 2

Date: After June 15 – On or before August 1
Fee: Forfeit Deposit.

Deadline 3

Date: After August 1 – On or before Move-In Day
Fee: Deposit and Residence Fees refunded. Cancellation Fee equivalent to 45 days of Residence Fees.

Deadline 4

Date: After Move-In Day – On or before November 15
Fee: Charged for each day they occupy a Residence room plus a cancellation fee equivalent to 60 days of Residence Fees.

Deadline 5

Date: After November 15
Fee: Charged for each day they occupy a Residence room plus a cancellation fee equivalent to 90 days of Residence Fees.

Late applicants will be subject to the same cancellation deadlines outlined below. The cancellation date is the date the student vacates the Residence.

Winter Applications & Agreements

Deadline 1

Date: After Application – On or before December 1
Fee: Full refund of Deposit and Residence Fees.

Deadline 2

Date: After December 1 – On or before Move-In Day
Fee: Deposit and Residence Fees refunded. Cancellation Fee equivalent to 45 days of Residence Fees.

Deadline 3

Date: After Move-In Day
Fee: Charged for each day they occupy a Residence room plus a cancellation fee equivalent to 60 days of Residence Fees.

The Manager’s acceptance of any payment of arrears or of any other payment for the use or occupation of the Room, after delivery of a notice terminating this agreement to the Resident, does not operate as waiver of a notice of termination, nor reinstatement of this Agreement.

Each reference in this Agreement to the Manager, the Institution, and the Resident includes their respective heirs, estate trustees, legal representatives, successors and assigns, as applicable.