Nonprofit Memorandum Of Understanding Template printable pdf download

SLS SAMPLE DOCUMENT 07/11/17

Memorandum of Understanding

This Memorandum of Understanding is between [________] (“Client”) and

__________________________ (“Landlord”).

A. Client is a nonprofit corporation that provides shelter, housing opportunities, and supportive

services to [________]. Client provides such services, in part, through its “[________]” and “[________]”

(together, the “Program”).

B. Landlord is a housing provider in [________] County that has agreed to enter into a lease

with a participant in the Program.

Client and Landlord agree as follows:

1. Lease. Landlord agrees to:

(a) Support the Program by entering into a lease agreement (“Lease”) with

(“Client”) with

respect to a one-bedroom apartment located at

(the “Unit”) for

a monthly rent of $______;

(b) Cause Client’s Lease and related agreements to be subject to substantially the same terms,

conditions, certifications, and tenancy rules that it applies to other tenants at this apartment

location; and

2. Rent. Client agrees to support Client by paying the monthly rent payments due to Landlord under the

Lease by the fifth day of each month.

3. Term. The initial term of this MOU will begin on the date of execution of this MOU. The initial term

will expire on the date on which the Lease expires.

4. Renewal. Provided that Client continues as a participant in the Program and that Landlord and Client

enter into a new or renewed Lease, and at Client’s sole discretion, Landlord may renew this MOU for

additional terms by giving Client 30-days written notice of its intent to do so. Each additional term will

expire on the date on which the new or renewed Lease expires.

5. Termination. This MOU may be terminated early under the following circumstances:

(a) Client’s Right to Terminate. Client may terminate this MOU on 30-days written notice to

Landlord if: (i) Client fails to comply with the conditions of enrollment in the Program, (ii) Client

ceases to participate in the Program for any reason, (iii) Client ceases to reside in the Unit, (iv)

Client stops operating the Program for any reason, (v) Landlord provides Client with a notice of

eviction, or (vi) Landlord defaults on its obligations under this MOU. Client may terminate this

MOU immediately upon written notice to Landlord if Client’s funding for the Program ceases or is

reduced.

(b) Landlord’s Right to Terminate. Landlord may terminate this MOU on 30-days written notice to

Client if: (i) Client defaults on its obligations under this MOU, (ii) Landlord evicts Client, or (iii)

Client is in default under the Lease.

terminate at the same time.

Note: This document does not reflect or constitute legal advice. This is a sample made available by the Organizations and

Transactions Clinic at Stanford Law School on the basis set out at nonprofitdocuments.law.stanford.edu. Your use of this document

does not create an attorney-client relationship with the Clinic or any of its lawyers or students.

Nonprofit Memorandum Of Understanding Template