715 NE California St - Unit 01, Pullman, WA 99163
715 NE California St - Unit 01, Pullman, WA 99163
Phi Kappa Tau Freshmen & 1st Year Initiated Members Parlor Fee
PHI KAPPA TAU – PARLOR FEE AGREEMENT
Chapter House Address: 715 NE California St., Pullman, WA 99163
Member Name: __________________________________________________
Date: ________________
1. PURPOSE OF AGREEMENT
This Agreement establishes the terms of the Parlor Fee payment required for initiated members of the Phi Kappa Tau fraternity. This fee is distinct from, yet facilitates the security requirements for, the residential housing & board agreement.
2. FEE AMOUNT AND PAYMENT
The Member agrees to pay a one-time Parlor Fee in the amount of $500.00. This payment is due upon signing and serves as the Member’s required contribution to the Chapter's property maintenance fund.
3. CONVERSION TO SECURITY DEPOSIT
Upon the Member’s transition into a Residential Housing & Board Agreement, this $500.00 Parlor Fee shall be credited and transferred in full to satisfy the required $500.00 Security Deposit defined in the Residential Housing & Board Agreement.
4. USE OF FUNDS
The Parlor Fee may be utilized by the Chapter or the Housing Corporation for:
Repairs or replacement for damages to the property, common areas, or furnishings caused by the Member or the Member's guests.
Costs incurred due to property damage during visits, social functions, or general use of the house facilities.
Costs related to cleaning or restoration if the Member or their guests cause damage beyond ordinary wear and tear.
5. TERMINATION OF MEMBERSHIP AND REFUNDS
If the initiated member formally ends his relationship with the Phi Kappa Tau fraternity, any portion of the Parlor Fee not otherwise utilized for property damage, cleaning, or restoration expenses shall be returned to the member.
6. ACKNOWLEDGMENT
The Member understands that this fee is non-refundable upon payment, except as applied to the Security Deposit upon entering a residential lease, or as otherwise returned in accordance with this agreement or applicable state law.
SIGNATURES
MEMBER:
Signature: ____________________________________ Date: ___________
AUTHORIZED AGENT (Equistead Properties, LLC / Board of Governors):
Signature: ____________________________________ Date: ___________
Chapter House Address: 715 NE California St., Pullman, WA 99163
Member Name: __________________________________________________
Date: ________________
1. PURPOSE OF AGREEMENT
This Agreement establishes the terms of the Parlor Fee payment required for initiated members of the Phi Kappa Tau fraternity. This fee is distinct from, yet facilitates the security requirements for, the residential housing & board agreement.
2. FEE AMOUNT AND PAYMENT
The Member agrees to pay a one-time Parlor Fee in the amount of $500.00. This payment is due upon signing and serves as the Member’s required contribution to the Chapter's property maintenance fund.
3. CONVERSION TO SECURITY DEPOSIT
Upon the Member’s transition into a Residential Housing & Board Agreement, this $500.00 Parlor Fee shall be credited and transferred in full to satisfy the required $500.00 Security Deposit defined in the Residential Housing & Board Agreement.
4. USE OF FUNDS
The Parlor Fee may be utilized by the Chapter or the Housing Corporation for:
Repairs or replacement for damages to the property, common areas, or furnishings caused by the Member or the Member's guests.
Costs incurred due to property damage during visits, social functions, or general use of the house facilities.
Costs related to cleaning or restoration if the Member or their guests cause damage beyond ordinary wear and tear.
5. TERMINATION OF MEMBERSHIP AND REFUNDS
If the initiated member formally ends his relationship with the Phi Kappa Tau fraternity, any portion of the Parlor Fee not otherwise utilized for property damage, cleaning, or restoration expenses shall be returned to the member.
6. ACKNOWLEDGMENT
The Member understands that this fee is non-refundable upon payment, except as applied to the Security Deposit upon entering a residential lease, or as otherwise returned in accordance with this agreement or applicable state law.
SIGNATURES
MEMBER:
Signature: ____________________________________ Date: ___________
AUTHORIZED AGENT (Equistead Properties, LLC / Board of Governors):
Signature: ____________________________________ Date: ___________
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