Common use of Term Length Clause in Contracts

Term Length. This is the term or length of the lease for the property the roommates are sharing. Provide the lease’s start date, either the end date (if a standard fixed-term lease) or language that states the lease continues on a month-to-month basis. 5. Landlord Name and Date of Agreement. Enter the landlord’s full name and the date of the lease agreement that the landlord entered into with one of the roommates. Step 3 – Describe Rent Details 6. Roommate Name and Amount of Rent. Fill in the full name of each roommate and the amount of rent the roommate is responsible for. 7. Rent Due Date. State the day the rent is due (i.e., the 5th day of the month). 8. Common Areas. Select the common areas (shared living space) each roommate can access. You can write in any other areas, not on the list. Step 4 – Note Security Deposit Details 9. Roommate Name and Security Deposit Amount. Provide the full name of each roommate and the amount of security deposit that the roommate is responsible for. Step 5 – Select Utilities 10.

Term Length. This is the term or length of the lease for the property the roommates are sharing. Provide the lease’s start date, either the end date (if a standard fixed-term lease) or language that states the lease continues on a month-to-month basis. 5. Landlord Name and Date of Agreement. Enter the landlord’s full name and the date of the lease agreement that the landlord entered into with one of the roommates. Step 3 – Describe Rent Details 6. Roommate Name and Amount of Rent. Fill in the full name of each roommate and the amount of rent the roommate is responsible for. 7. Rent Due Date. State the day the rent is due (i.e., the 5th day of the month). 8. Common Areas. Select the common areas (shared living space) each roommate can access. You can write in any other areas, not on the list. Step 4 – Note Security Deposit Details 9. Roommate Name and Security Deposit Amount. Provide the full name of each roommate and the amount of security deposit that the roommate is responsible for. Step 5 – Select Utilities 10.