LEASE DEPOSIT

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LEASE DEPOSIT Date__________, 20___ San Mateo, California I / We hereby offer to LEASE, on a month to month basis, the premises known as Apt. #______, located at The Oakview Apartments at 3135 Campus Drive San Mateo, CA 94403. Description: Studio _____ 1 Bedroom _____ 2 Bedroom _____ Other (describe)____________ for a period of one month from___I___I___ to ___l___l___at a monthly rental of $_______ , and continuing on a month to month basis thereafter, with rents due and payable on the first day of each month. I / We hand you herewith a Security, Cleaning and Damage Deposit* of $_______to guarantee fulfillment of this offer, which is to be returned to us if the offer is not accepted by LESSOR. If this offer is accepted by LESSOR, the undersigned agree(s) to immediately increase this deposit to an amount equal to the first month's pro-rated rent and said deposit. LESSOR will retain the above Security, Cleaning and Damage Deposit, which would be refundable within 21 days after vacating, providing the premises are left in a clean and orderly condition and the LESSOR is given 30 days notice, in writing, of intention to vacate and all other conditions of the lease have been met. Lessee, however, must pay rent and occupy apartment for six (6) months to qualify for return of Security deposit. Should this offer be accepted by LESSOR within five days and the applicant(s) fail to fulfill this offer, the deposit shall be retained by the LESSOR as liquidated and agreed damages. * The SECURITY DEPOSIT is NOT to be construed as prepaid or last month's rent. If this offer is accepted, applicant agrees to pay for, electricity, telephone, cable TV, __________________ Additional information pertaining to the lease or rental agreement: Adhere to house rules and obey the law, _____________________________________________________________________________________ Signed: X______________________________ X _______________________________ Applicant Co-Applicant _____________________________________________ _____________________________________ Current Address Current Address _____________________________________________________________________________________ RECEIPT OF DEPOSIT Above deposit of $________received on____________________ 20_____ For: San Mateo Investment Company at: 3135 Campus Drive San Mateo Ca 94403 Owner/Landlord Property Address By:_______________________________ Telephone___650_________________________ Resident Manager ___________________________________________________________________________ BROKERAGE ONLY Above deposit of $_______received on________________________________20_____ Broker Name__________________________________Address_______________________________________________________________ By______________________________________ Telephone No.________________________________ I/We hereby accept and approve this application for tenancy, and agree to pay the above Broker the sum of $_________for the services rendered. Should the Applicant(s) fail to fulfill this offer, the deposit shall be retained by me as liquidated and agreed damages in which event I agree to pay the above named Broker one-half of said deposit for services rendered, but not to exceed the amount of the commission. Lessor__________________________________________________________Lessor______________________________________________ Address_________________________________________________________Telephone __________________________________________ Pay rent to the above address or_________________________________________________________________________________________

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