Agreement To Execute Lease And Deposit Receipt Template printable pdf download

Agreement To Execute Lease And Deposit Receipt Template

AGREEMENT TO EXECUTE LEASE AND DEPOSIT RECEIPT

Dated: _______________

The LANDLORD, _____________________________________________ and

_________________________________________________, the TENANT agree:

In consideration of a deposit of $_______________ (

and

0/100ths Dollars 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.

The term for the rental shall be: _______________

The monthly rental shall be $_______________ (

and

0/100ths Dollars dollars)

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.

__________________________________ Dated: _______________

TENANT

_________________________________ Dated: _______________

LANDLORD

Agreement To Execute Lease And Deposit Receipt Template