Common use of MULTIPLE OCCUPANCY Clause in Contracts

MULTIPLE OCCUPANCY. All adults of legal age residing in the apartment must be signed parties to the lease agreement. Each roommate is jointly and severally liable for the performance of the Lease Agreement for the apartment. Rent is due and payable under the terms addressed in the Lease Agreement. All roommates are responsible for the full amount due. If a portion of the rent remains unpaid, all roommates will be pursued for payment as provided by law. If one roommate shall vacate the leased premises, the remaining roommate(s) shall continue to be responsible for the full rent due. If another roommate is to move into the premises, the proposed new roommate must be approved by management, undergoing the same approval process used in originally leasing the apartment prior to moving in. It is understood that management shall have the right to refuse to allow a new roommate if the proposed roommate does not qualify under the screening process by credit, income and rental history and the vacating roommate shall not be relieved of liability until the new applicant has been approved or the remaining roommate accepts full responsibility for the lease. Failure of the proposed new roommate to qualify shall not relieve the existing roommate(s) of any responsibilities under the Lease Agreement. Security deposits will be held for the entire term of the Lease Agreement. If one roommate shall move from the apartment while another remains, the roommates should settle the disposition of the security deposit among themselves, as a refund or forfeiture of the security deposit by management will only be made when the apartment is vacated by all parties. Security deposit refunds will be made jointly to roommates on the Lease Agreement at the time the apartment is vacated and mailed to the forwarding address of any one of the roommates. All roommates must agree upon any roommate additions of substitutions and understand their obligation to give proper notice to vacate all parties involved, including roommates. If there are any damages or rent owing when the apartment is vacated, all roommates will be equally liable and management may, at its sole discretion, pursue collection from any one or all roommates.

Appears in 16 contracts

Samples: Rental Agreement, Rental Agreement, Rental Agreement

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