Common use of JOINT AND SEVERAL AGREEMENT Clause in Contracts

JOINT AND SEVERAL AGREEMENT. All TENANT(s) who sign this Lease are jointly and severally responsible for the payment of rent to the LANDLORD and for damages caused to the rental unit (late fees, physical damage, unpaid utility bills, rent in the arrears, etc.). Failure to meet the terms and conditions of the contract by one or more of the TENANT(s), shall be considered a failure of all TENANT(s) to meet the terms and conditions of the contract, and shall make all equally responsible.

Appears in 1 contract

Sources: Rental Lease Agreement

JOINT AND SEVERAL AGREEMENT. All TENANT(s) who sign this Lease are jointly and severally responsible for the payment of rent to the LANDLORD and for damages caused to the rental unit (late fees, physical damage, unpaid utility bills, rent in the arrears, etc.). Failure to meet the terms and conditions of the contract by one or more of the TENANT(s), ) shall be considered a failure of all TENANT(s) to meet the terms and conditions of the contract, and shall make all equally responsible.

Appears in 1 contract

Sources: Residential Rental Lease

JOINT AND SEVERAL AGREEMENT. All TENANT(s) who sign this Lease are jointly and severally responsible for the payment of rent to the LANDLORD and for damages caused to the rental unit (late fees, physical damage, unpaid utility bills, rent in the arrears, etc.). Failure to meet the terms and conditions of the contract by one or more of the TENANT(s), shall be considered a failure of all TENANT(s) to meet the terms and conditions of the contract, and shall make all equally responsible.the

Appears in 1 contract

Sources: Rental Lease Agreement