Sample Residential Lease Agreement Template Page 16
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1840.12 A complete list of current damage to the Property is attached as
Exhibit “B”. The parties stipulate that Exhibit “B” contains an exhaustive listing of all
damage to the Property as of the Date of Possession.
40.SUBJECT TO MANAGEMENT’S APPROVAL
This LEASE is subject to Management’s approval of the Resident within ten
(10) business days. Management’s failure or refusal to approve Resident shall not
constitute breach of this Lease by Management. If Management refuses to approve
Resident, Management shall return all monies paid hereunder by Resident to
Management within ten (10) business days. Resident is aware that Management’s
approval of Resident is based in part on Resident’s credit worthiness, and
Management’s approval of Resident is not on a first-come basis.
IN WITNESS WHEREOF, the parties herein have hereunto set their hands
and seals the day and year first above written, and they acknowledge receipt of a
fully executed complete original copy of this LEASE and all exhibits referenced
herein.
(signatures on next page)
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