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Agreement To Pay Rent

oboloo Glossary

Agreement To Pay Rent

An Agreement to Pay Rent is a contract between a landlord and tenant that sets out the terms of rental payments. This agreement outlines the amount of rent due, when it should be paid, and any late fees or penalties should rent not be paid on time. It also defines any rules regarding the use of the property, such as noise restrictions, pet policies, and maintenance requirements. Finally, it spells out the consequences for breaking the lease agreement. By signing this agreement, both parties agree to abide by its terms.

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