Common use of JOINT AND SEVERAL LEASE Clause in Contracts

JOINT AND SEVERAL LEASE. If this is NOT a JOINT AND SEVERAL LEASE, then the landlord can only ▇▇▇ one tenant for that tenant’s violation of the lease. If this IS a JOINT AND SEVERAL LEASE, it means that all the tenants as a group and each of the tenants as an individual are responsible to landlord for all of the agreements of this lease. For example, if the rent is not paid, landlord can ▇▇▇ all of the tenants (jointly) for any unpaid rent. Or, landlord can bring a suit against any one tenant separately (severally) for all of the unpaid rent. This means, in addition, that Landlord can choose to pursue collection against any single tenant or all tenants.

Appears in 1 contract

Sources: Residential Lease

JOINT AND SEVERAL LEASE. If this is NOT a JOINT AND SEVERAL LEASE, then the landlord can only ▇▇▇ one tenant for that tenant’s violation of the lease. If this IS a JOINT AND SEVERAL LEASE, it means that all the tenants as a group and each of the tenants as an individual are responsible to landlord for all of the agreements of this lease. For example, if the rent is not paid, landlord can ▇▇▇ all of the tenants (jointly) for any unpaid rent. Or, landlord can bring a suit against any one tenant separately (severally) for all of the unpaid rent. This means, in addition, that Landlord can choose to pursue collection against any single tenant or all tenants.

Appears in 1 contract

Sources: Residential Lease Agreement