Multiple Tenant Lease Agreement
Monthly rent $
Security Deposit $
# of Occupants
Resident Name (s)
COVENANTS AND AGREEMENTS
1. RENT. Resident shall on the first day of each month pay to Owner or Owner’s Agent
(if rental agreement executed by agent) in advance the rent set forth above at the address set forth above or other such addresses as Owner may designate in writing). Time being the essence of this Rental Agreement, any rental payment required hereunder shall be deemed delinquent if not received by the first day of each month and late rental payments incur a late charge of $ if received after the fifth day of the month. Such late charge shall be secured by the security deposit provided in this Rental Agreement and by the Owner’s lien for rent.
2. TERM. The term of this Rental Agreement shall commence on and shall terminate on . Rent from the commencement date through the last day of the calendar month in which the commencement date falls
shall be prorated and shall be paid together with the first month’s rent in advance on
3. SECURITY DEPOSIT. Resident has deposited with Owner the Security Deposit set forth above for the performance of each and every covenant and agreement of the Rental Agreement. Owner shall have the right, but not the obligation, to apply the Security
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