Let’s go through the lease agreement step by step to understand what it says and make sure everything is clear.
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Step 1: Who are the people involved?
- The
Tenant (the person renting) is Kevin Longman.
- The
Landlord (the owner of the property) is Lindsay Whaler.
- The Landlord’s address is: 19 Manager Ln, Las Vegas, Nevada 88901.
- The agreement was made on:
May 14, 2023.
✔ So far, so good — we know who’s signing and when.
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Step 2: What property is being rented?
- Address:
123 Rental St, Las Vegas, Nevada 88901
- Type: It’s an
Apartment (checked box).
✔ Clear — it’s an apartment at that address.
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Step 3: How long is the lease?
- Start Date:
June 1, 2023
- End Date:
June 1, 2024
That means the lease lasts for exactly
one year.
✔ Got it — one-year lease from June 1, 2023 to June 1, 2024.
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Step 4: How much rent and how is it paid?
- Monthly Rent:
$1800
- Due date:
1st of every month
- Payment method: “Send via Venmo to the user lindsay.whaler”
✔ So Kevin pays $1800 each month, starting June 1, 2023, using Venmo.
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Step 5: Is there a late fee?
- Yes, the tenant
WILL be required to pay a late fee if rent is late.
- Late fee amount:
$50
- Grace period: Rent must be paid within
7 days of the due date (so by the 8th of the month), or the $50 fee applies.
✔ If Kevin pays after the 8th, he owes an extra $50.
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Step 6: Is there a security deposit?
- Yes, the tenant
WILL pay a security deposit.
- Amount:
$1800 (same as one month’s rent)
- When? By the Start Date entered in Section 3 → which is
June 1, 2023
✔ So before moving in, Kevin must pay $1800 as a security deposit.
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Step 7: Signatures
- Landlord signed: Lindsay Whaler on
May 14, 2023
- Tenant signed: Kevin Longman on
May 16, 2023
- There’s space for another tenant signature, but it’s blank — so only one tenant signed.
✔ Both parties have signed, so the agreement is official.
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Now let’s double-check any numbers or dates to make sure nothing is wrong:
- Rent: $1800/month ✔️
- Security Deposit: $1800 ✔️
- Late Fee: $50 if not paid within 7 days ✔️
- Lease term: 1 year (June 1, 2023 – June 1, 2024) ✔️
- Payments start June 1, 2023 ✔️
- Signatures match names and dates ✔️
Everything looks consistent and correctly filled out.
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Final Answer:
The rental lease agreement is fully completed and valid. Kevin Longman will rent the apartment at 123 Rental St, Las Vegas, NV 88901 from Lindsay Whaler for one year (June 1, 2023 – June 1, 2024). He will pay $1800 per month via Venmo, with a $50 late fee if payment is more than 7 days late. He also paid a $1800 security deposit by the start date. Both parties signed the agreement.
Parent Tip: Review the logic above to help your child master the concept of printable basic rental agreement or residential lease.
