"Agreement to Execute Lease and Deposit Receipt Template"

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AGREEMENT TO EXECUTE LEASE AND DEPOSIT RECEIPT
Dated: _______________
The LANDLORD, _____________________________________________ and
_________________________________________________, the TENANT agree:
In consideration of a deposit of $_______________ (
and
0/100ths Dollars dollars) which shall be credited toward the first month's rent under a certain
lease described below, and receipt of which is hereby acknowledged, the parties mutually agree
as follows:
The parties shall make, sign, execute and deliver a certain lease for the subject premises which
is more particularly described as:
______________________________________________________________________
The execution and delivery of the lease shall take place on:
______________________
The LANDLORD shall prepare the lease, which shall contain the usual and customary clauses
within the community.
The term for the rental shall be: _______________
The monthly rental shall be $_______________ (
and
0/100ths Dollars dollars)
In the event of the TENANT's failure to execute the lease, the parties agree that the exact
amount of damages to be suffered by the LANDLORD are difficult to fix, and that upon a
breach by the TENANT, the LANDLORD shall be entitled to the deposit made as liquidated
damages, and not as a penalty.
__________________________________ Dated: _______________
TENANT
_________________________________ Dated: _______________
LANDLORD
AGREEMENT TO EXECUTE LEASE AND DEPOSIT RECEIPT
Dated: _______________
The LANDLORD, _____________________________________________ and
_________________________________________________, the TENANT agree:
In consideration of a deposit of $_______________ (
and
0/100ths Dollars dollars) which shall be credited toward the first month's rent under a certain
lease described below, and receipt of which is hereby acknowledged, the parties mutually agree
as follows:
The parties shall make, sign, execute and deliver a certain lease for the subject premises which
is more particularly described as:
______________________________________________________________________
The execution and delivery of the lease shall take place on:
______________________
The LANDLORD shall prepare the lease, which shall contain the usual and customary clauses
within the community.
The term for the rental shall be: _______________
The monthly rental shall be $_______________ (
and
0/100ths Dollars dollars)
In the event of the TENANT's failure to execute the lease, the parties agree that the exact
amount of damages to be suffered by the LANDLORD are difficult to fix, and that upon a
breach by the TENANT, the LANDLORD shall be entitled to the deposit made as liquidated
damages, and not as a penalty.
__________________________________ Dated: _______________
TENANT
_________________________________ Dated: _______________
LANDLORD