Lease Payment Schedule
LEASE PAYMENT SCHEDULE
Prepared by: [Your Name]
Introduction
This Lease Payment Schedule outlines the payment terms and conditions for the lease agreement between [Your Company Name] and John Doe for the property located at 473 Access Road Greensboro, NC 27403. It details the schedule of lease payments due over the lease term.
Payment Schedule
A. Payment Due Dates
|
Installment Number |
Payment Due Date |
|---|---|
|
1 |
February 1, 2050 |
|
2 |
March 1, 2050 |
|
3 |
April 1, 2050 |
|
4 |
May 1, 2050 |
B. Payment Amounts
|
Installment Number |
Payment Amount |
|---|---|
|
1 |
$1,200 |
|
2 |
$1,200 |
|
3 |
$1,200 |
|
4 |
$1,200 |
C. Payment Methods
|
Payment Method |
Instructions |
|---|---|
|
Bank Transfer |
Account Name: [Your Company Name] Account Number: 123 4567 8910339 Routing Number: [Routing Number] Reference: John Doe, Lease Payment |
|
Check |
Payable to: [Your Company Name] Mailing Address: [Your Company Address] Reference: John Doe, Lease Payment |
D. Late Payment Policies
|
Late Payment Policies |
Details |
|---|---|
|
Late Fee |
5% of the overdue amount per month |
|
Grace Period |
7 days |
|
Procedure |
Late payments must be made through the methods with late fees included |
E. Terms and Conditions
|
Terms and Conditions |
Details |
|---|---|
|
Security Deposit |
A security deposit of $2,000 has been paid and will be held until lease termination. |
|
Maintenance Responsibilities |
Lessee is responsible for routine maintenance and repairs up to $500 per occurrence. |
|
Insurance |
Lessee must maintain renter's insurance throughout the lease term. |
This template now includes more detailed mock content, reflecting typical lease payment terms, methods, policies, and conditions from the lessor's perspective. Adjust the details to fit specific lease agreements as needed.
