Agreement To Execute Lease & Deposit Receipt

Agreement to Execute Lease & Deposit Receipt

Dated: __________

The LANDLORD, _____________ and ______________, the TENANT agree:

In consideration of a deposit of $ ______ (___________ &___/100 dollars) which shall be credited toward the first month’s rent under a certain lease described below, and receipt of which is hereby acknowledged, the parties mutually agree as follows:

The parties shall make, sign, execute and deliver a certain lease for the subject premises which is more particularly described as:
____________________________________________________________
The execution and delivery of the lease shall take place on:
___________________

The LANDLORD shall prepare the lease, which shall contain the usual and customary clauses within the community.

In the event of the TENANT’s failure to execute the lease, the parties agree that the exact amount of damages to be suffered by the LANDLORD are difficult to fix, and that upon a breach by the TENANT, the LANDLORD shall be entitled to the deposit made as liquidated damages, and not as a penalty.

__________________________________
For LANDLORD

 

_________________________________
For TENANT

Agreement to Execute Lease & Deposit Receipt
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. This is a friendly agreement intended between the parties to memorialize the meeting of the mind on a lease agreement and receipt of a deposit.

1. Make multiple copies. Keep one in the transaction file.

Free Printable Agreement To Execute Lease and Deposit Receipt FormFree Printable Agreement To Execute Lease and Deposit Receipt Form

Save

DOWNLOAD ODT FILE DOWNLOAD DOC FILE DOWNLOAD DOCX FILE DOWNLOAD RTF FILE

Leave a Reply