Common use of TOTAL RENT DUE Clause in Contracts

TOTAL RENT DUE. All Tenants that sign this Lease are jointly and severally responsible for the total rent owed. The total rent owed will remain the same if less than the required number of people sign this Lease or less people occupy the Premises than have signed the Lease. The amount owed per person will increase accordingly to equal the total rent due, if less people sign the Lease or if less people occupy the Premises, than is required to fill the apartment. Tenant’s financial obligations under this Lease do not end for any reason including but not limited to the following: illness, financial difficulties, pandemic, classes being canceled, campus closed, classes being online, college requiring tenant to live on campus, or tenant leaving school. Landlord may use the Security Deposit of any or all Tenants that have signed this lease for unpaid or late rents of any Tenant. In the event that any or all tenants submit in writing that they would like to be released from the lease agreement prior to the start of the term of the lease, the Landlord has the option to either void the lease and keep the security deposits of all tenants or the Landlord can enforce the original terms of the lease.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement

TOTAL RENT DUE. All Tenants that sign this Lease are jointly and severally responsible for the total rent owed. The total rent owed will remain the same if less than the required number of people sign this Lease or less people occupy the Premises than have signed the Lease. The amount owed per person will increase accordingly to equal the total rent due, if less people sign the Lease or if less people occupy the Premises, than is required to fill the apartment. Tenant’s financial obligations under this Lease do not end for any reason including but not limited to the following: illness, financial difficulties, a pandemic, classes being canceled, campus closed, classes being online, college requiring tenant to live on campus, or tenant leaving school. Landlord may use the Security Deposit of any or all Tenants that have signed this lease for unpaid or late rents of any Tenant. In the event that any or all tenants submit in writing that they would like to be released from the lease agreement prior to the start of the term of the lease, the Landlord has the option to either void the lease and keep the security deposits of all tenants or the Landlord can enforce the original terms of the lease.

Appears in 1 contract

Sources: Lease Agreement