Common use of RENTAL APPORTIONMENT Clause in Contracts

RENTAL APPORTIONMENT. For this Apartment, Rent during the Term remaining as of the execution hereof shall be $ , the monthly Rent must equal $ and the total Security Deposit must equal $ . The Tenants have agreed among themselves that the monthly Rent payable for the Apartment shall be allocated among the Tenants as set forth in the chart below, provided that no Tenant shall pay less than $300 monthly Rent. The Security Deposit shall be divided equally among the Tenants. Landlord has not provided any investigation of the financial capacity of any Tenant and makes no warranty or representation as to any Tenant’s financial wherewithal. Name of Tenant First Month Rent (prorated) Monthly Rent Last Month Rent (prorated) Security Deposit

Appears in 4 contracts

Samples: Properties Lease Agreement, Lease Agreement, Dinnaken Properties Lease Agreement

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