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.