lease addendum
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lease addendum (by Jane [MI]) Oct 12, 2021 11:06 AM
       lease addendum (by Jason [VA]) Oct 12, 2021 11:22 AM
       lease addendum (by Moshe [CA]) Oct 12, 2021 12:10 PM
       lease addendum (by Jane [MI]) Oct 12, 2021 12:56 PM

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lease addendum (by Jane [MI]) Posted on: Oct 12, 2021 11:06 AM
Message:

I have a rental in a college area where a group of 4 will be signing a lease. My lease states the rent due for the group, however two students will be paying the entire rent at the beginning of the lease out of their 529. I'm looking for wording for an addendum for the two students

thanks

--108.208.xx.xx




lease addendum (by Jason [VA]) Posted on: Oct 12, 2021 11:22 AM
Message:

If the roommates are all jointly and severally liable, the only way I could see documenting it would be with a rent ledger:

Total due for the entire term: $xx,xxx

Total received as of xx/xx/2021: $xx,xxx

Balance owed for remainder of term: $xx,xxx

Let the roommates sort it out. --73.177.xxx.xx




lease addendum (by Moshe [CA]) Posted on: Oct 12, 2021 12:10 PM
Message:

Just make sure that your lease provides for joint and severally liability. Then, as Jason points out, the entire rent is due, you don't care who pays it so long as it gets paid. You don't need any addendum.

--47.139.xx.xx




lease addendum (by Jane [MI]) Posted on: Oct 12, 2021 12:56 PM
Message:

Great idea - rent ledger. Thanks --108.208.xx.xx



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