Contractual Practices & Proceedures. Link to Home Page
Once the prospective tenant and the owner/manager have negotiated
the terms of the rental, the key terms are documented in the deposit
receipt provided by the owner / manger in return for a good faith
deposit approximately equal to 25% of the rent for the first month.
Once the "Good Faith" deposit is received, the unit is removed from the
rental market and held for the prospective tenant for the period stated
in the deposit receipt. Sample
Deposit Receipt
On receipt of: (1) the balance of the rent for the first month [one
month of rent less the good faith deposit] and (2) the security
deposit, then (3) the rental contract is signed by all parties and keys
are provided to the tenant. The balance of the rent due as well as the
security deposit must be paid in the form of HARD money - cash, money
order, cashier's check, bank draft, electronic funds transfer.
Subsequently, monthly rent should be paid by personal check. If
the rent start date is other than the first of the month, a partial
rent payment will be due on the first day of the next month to bring
the rent due date around to the first of the month. See Pro-rating
first month's rent
The rental contract consists of:
One year lease, unless otherwise agreed upon, based on AAGLA form. -
see four pages below
Supplemental Terms and Conditions. SupplementalTerms.html
Rules and Regulations Rule N
Regulations
Chemical Used Notification - see below. Forms/ChemicalsUsedAll-XGA.jpg
Lead Paint Brochure receipt acknowledgement - EPA
Lead Paint Brochure (older buildings only)
Security Deposit Notice - AAGLA Stamdard Form
The rental contract provides for:
Pro-rating of rent to bring rent due date to first of month independent
of move in date. Pro-rating
first month's rent
Pro-rating of rent adjustment for additional occupant Pro-rating Added Occupant Rent
Generic versions of these agreements are shown below: