ADDENDUM TO LEASE

 

RIVERWALK MANAGEMENT, LLC.

 

 

 

DATE:  ______________________________

 

APT. #: ______________________________

 

PROPERTY: __________________________________________________________

 

Resident will sign an annual lease at the 1 year rental rate. The lease can be terminated early if all of the following rules and regulations are followed:

 

  • Resident gives management a 30 day written notice on or before the 1st day of the month, effective for one full calendar month.

 

  • Rental rate will be adjusted to the neatest completed occupancy rate. For example:

 

1 to 2 months,                          25% increase

3 to 5 months,                          15% increase

6 to 8 months,                          10% increase

9 to 11 months,                        7.5% increase

 

·        Deposit will NOT be forfeited for early termination. However, proper notice is required or the deposit will be forfeited. Also, any necessary maintenance or cleaning fees will be deducted from the deposit.

 

·        This agreement is valid only when LESSEE purchases or builds a home in the Sevier County area.

 

 

LESSEE                                                                                                           DATE

 

 

 

LESSEE                                                                                                           DATE

 

 

 

LESSEE                                                                                                           DATE