Common use of Parental Guarantee Clause in Contracts

Parental Guarantee. Each TENANT listed on Page 1 of this LEASE must provide LANDLORD a legally binding parental or sponsor’s GUARANTEE in a form acceptable to LANDLORD in LANDLORD’s sole and absolute discretion. The GUARANTEE for each TENANT must be delivered to LANDLORD within 7 days of TENANT signing this LEASE. LANDLORD may cancel this LEASE at any time thereafter if TENANT does not provide the GUARANTEE to LANDLORD. TENANT will not be allowed to move-In without a complete LEASE file including the GUARANTEE. If TENANT does not have a signed GUARANTEE form, TENANT is still liable for all LEASE payments for the TERM. It is the LANDLORD’S option as to whether to accept the GUARANTEE or not. It is not the option of the TENANT as to whether or not to have the GUARANTEE completed and returned to LANDLORD.

Appears in 4 contracts

Samples: Residential Lease Agreement, Residential Lease Agreement, Residential Lease Agreement

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Parental Guarantee. Each TENANT listed on Page 1 of this LEASE must provide LANDLORD a legally binding parental or sponsor’s GUARANTEE in a form acceptable to LANDLORD in LANDLORD’s sole and absolute discretion. The GUARANTEE for each TENANT must be delivered to LANDLORD within 7 days of TENANT signing this LEASE. LANDLORD may cancel this LEASE at any time anytime thereafter if TENANT does not provide the GUARANTEE to LANDLORD. TENANT will not be allowed to move-In without a complete LEASE file including the GUARANTEE. If TENANT does not have a signed GUARANTEE form, TENANT is still liable for all LEASE payments for the TERM. It is the LANDLORD’S option as to whether to accept the GUARANTEE or not. It is not the option of the TENANT as to whether or not to have the GUARANTEE completed and returned to LANDLORD.

Appears in 4 contracts

Samples: Residential Lease Agreement, Residential Lease Agreement, Residential Lease Agreement

Parental Guarantee. Each TENANT listed on Page 1 of this LEASE must provide LANDLORD a legally binding parental or sponsor’s GUARANTEE in a form and substance acceptable to LANDLORD in LANDLORD’s sole and absolute discretion. The GUARANTEE for each TENANT must be delivered to LANDLORD within 7 days of TENANT signing this LEASE. LANDLORD may cancel this LEASE at any time anytime thereafter if TENANT does not provide the GUARANTEE to LANDLORD. TENANT will not be allowed to move-In without a complete LEASE file including the GUARANTEE. If TENANT does not have a signed GUARANTEE form, TENANT is still liable for all LEASE payments for the TERM. It is the LANDLORD’S option as to whether to accept the GUARANTEE or not. It is not the option of the TENANT as to whether or not to have the GUARANTEE completed and returned to LANDLORD.

Appears in 1 contract

Samples: Residential Lease Agreement

Parental Guarantee. Each TENANT listed on Page 1 of this LEASE must provide LANDLORD a legally binding parental or sponsor’s GUARANTEE in a form acceptable to LANDLORD in LANDLORD’s sole and absolute discretion. The GUARANTEE for each TENANT must be delivered to LANDLORD within 7 days of TENANT signing this LEASE. LANDLORD may cancel this LEASE at any time thereafter if TENANT does not provide the GUARANTEE to LANDLORD. TENANT will not be allowed to move-In without a complete LEASE file including the GUARANTEE. If TENANT does not have a signed GUARANTEE form, TENANT is still liable for all LEASE payments for the entire TERM. It is the LANDLORD’S ’s option as to whether to accept the GUARANTEE or not. It is not the option of the TENANT as to whether or not to have the GUARANTEE completed and returned to LANDLORD.

Appears in 1 contract

Samples: Residential Lease Agreement

Parental Guarantee. Each TENANT listed on Page 1 of this LEASE must provide LANDLORD a legally binding parental or sponsor’s GUARANTEE in a form acceptable to LANDLORD in LANDLORD’s sole and absolute discretion. The GUARANTEE for each TENANT must be delivered to LANDLORD within 7 days of TENANT signing this LEASE. LANDLORD may cancel this LEASE at any time thereafter anytime thereafter, if TENANT does not provide the GUARANTEE to LANDLORD. TENANT will not be allowed to move-In without a complete LEASE file including the GUARANTEE. If TENANT does not have a signed GUARANTEE form, TENANT is still liable for all LEASE payments for the TERM. It is the LANDLORD’S option as to whether to accept the GUARANTEE or not. It is not the option of the TENANT as to whether or not to have the GUARANTEE completed and returned to LANDLORD.

Appears in 1 contract

Samples: Residential Lease Agreement

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Parental Guarantee. Each If each TENANT listed on Page 1 of this LEASE is unable to qualify to lease on their own, each TENANT who is unable to qualify must provide LANDLORD a legally binding parental or sponsor’s GUARANTEE in a form acceptable to LANDLORD in LANDLORD’s sole and absolute discretion. The GUARANTEE for each TENANT must be delivered to LANDLORD within 7 days of TENANT signing this LEASE. LANDLORD may cancel this LEASE at any time thereafter if TENANT does not provide the GUARANTEE to LANDLORD. TENANT will not be allowed to move-In without a complete LEASE file including the GUARANTEE. If TENANT does not have a signed GUARANTEE form, TENANT is still liable for all LEASE payments for the TERM. It is the LANDLORD’S option as to whether to accept the GUARANTEE or not. It is not the option of the TENANT as to whether or not to have the GUARANTEE completed and returned to LANDLORD.

Appears in 1 contract

Samples: Residential Lease Agreement

Parental Guarantee. Each TENANT listed on Page 1 of this LEASE must provide LANDLORD a legally binding parental or sponsor’s GUARANTEE in a form acceptable to LANDLORD in LANDLORD’s ’S sole and absolute discretion. The GUARANTEE for each TENANT must be delivered to LANDLORD within 7 days of TENANT signing this LEASE. LANDLORD may cancel this LEASE at any time anytime thereafter if TENANT does not provide the GUARANTEE to LANDLORD. TENANT will not be allowed to move-In without a complete LEASE file including the GUARANTEE. If TENANT does not have a signed GUARANTEE form, TENANT is still liable for all LEASE payments for the TERM. It is the LANDLORD’S option as to whether to accept the GUARANTEE or not. It is not the option of the TENANT as to whether or not to have the GUARANTEE completed and returned to LANDLORD.

Appears in 1 contract

Samples: Residential Lease Agreement

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