A rental lease application is a document which ensures the validity and effectiveness of the rental lease. It is a formal document which is sanctioned by the law and which clearly sets out all the important information of the rental lease deal in a clear and concise manner. It also highlights the terms and conditions which will govern the rental lease application so that any inadvertent breach of contract can be avoided.
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Sample Rental Lease Application:
The following document is a rental lease application between Cathy Williams of 56 Middleton Apartments [henceforth known as the lessor] and John Rogers of 56 Birch Woods, New Jersey [henceforth referred to as the lessee] regarding the former’s leasing of rental space to the latter. The duration of the rental lease if two years. The rental space can be used only for official or business purposes and is located at 3 Giselle Street, New York and comprising of an area of 1200 square feet. The area is currently valued at 13 million USD.
The rental space shall be leased to the lessee at a monthly rental payment of 6,000 USD and an initial security deposit of 10,000 USD. All terms and conditions mentioned in this rental lease application must be thoroughly perused and understood, in case of any breach of contract, the case shall be referred to the Sessions Court of New York. The dates of commencement and termination of the rental lease deal are 3rd June 2011 and 3rd June 2013 respectively.
Signature of lessor: ____________________________
Signature of lessee: ____________________________