Common use of JOINT AND SEVERAL LEASE Clause in Contracts

JOINT AND SEVERAL LEASE. Tenant understands and acknowledges that this is a joint and several lease whereby each Tenant is jointly and individually liable for all obligations under this Lease, including but not limited to rent monies. Joint and several liability means that all Tenants as a group, and each of the Tenants as an individual or one or more of the Tenants, are responsible to Landlord for all of the agreements of this Lease. In other words, if any Tenant, guests, or occupant violates this Lease, all Tenants are considered to have violated the Lease. For example, if the rent is not paid (or timely paid), Landlord can xxx all of the Tenants (jointly) for any unpaid rent; or, Landlord can bring a suit against any one Tenant, or one or more Tenants, separately (severally) for all of the unpaid rent/fees. Landlord can choose to pursue collection on one or more Tenants or all Tenants. Further, Landlord’s requests and notices to any one Tenant, or one or more Tenant, constitute notice to all Tenants and occupants. Notices and requests from any one Tenant or occupant (including repair requests and entry permissions) constitute notice from all Tenants. In eviction suits, each Tenant is considered the agent of all other Tenants in the leased property for service of process.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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JOINT AND SEVERAL LEASE. Tenant understands and acknowledges that this is a joint and several lease whereby each Tenant is jointly and individually liable for all obligations under this Lease, including but not limited to rent monies. Joint and several liability means that all Tenants as a group, and each of the Tenants as an individual or one or more of the Tenants, are responsible to Landlord for all of the agreements of this Lease. In other words, if any Tenant, guests, or occupant violates this Lease, all Tenants are considered to have violated the Lease. For example, if the rent rent, or any additional rent, is not paid (or timely paid), ) Landlord can xxx all of the Tenants (jointly) for any unpaid rent; or, Landlord can bring a suit against any one Tenant, or one or more Tenants, separately (severally) for all of the unpaid rent/fees. Landlord can choose to pursue collection on one or more Tenants or all Tenants. Further, Landlord’s requests and notices to any one Tenant, or one or more Tenant, constitute notice to all Tenants and occupants. Notices and requests from any one Tenant or occupant (including repair requests and entry permissions) constitute notice from all Tenants. In eviction suits, each Tenant is considered the agent of all other Tenants in the leased property for service of process.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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