ROOMMATE RELEASE AGREEMENT
State of Alabama
BACKGROUND.
A. This Roommate Release Agreement (the "Agreement") is made and entered into on ________ (the "Effective Date"), by and between the following Party who is moving out of their shared dwelling (the "Former Roommate"):
________
________
and the following Party who will be remaining in the shared dwelling (the "Remaining Roommate"):
________
________
B. WHEREAS, the Roommates are co-tenants at the property (the "Premises") located at:
________
with the following Landlord: ________.
C. WHEREAS, the Roommates entered into a Lease on ________ (the "Lease"), attached hereto as Exhibit A.
D. WHEREAS, ________ desires to be released from all liabilities and obligations under the lease, and the Remaining Roommate agrees to take full responsibility for all liabilities and obligations under the Lease for the remainder of the Lease term.
NOW THEREFORE, in consideration of the above recitals and mutual promises and benefits contained herein, the Roommates agree to the following terms:
1. ________ is relinquishing possession of the Premises on ________, and delegating all liabilities and obligations relating to the Premises to ________.
2. ________ agrees to assign their rights to any applicable security deposit in the amount of $________ (________) to the Remaining Roommate.
3. The Remaining Roommate does hereby take full responsibility for all liabilities and obligations under the Lease for the remainder of the Lease term, including but not limited to the payment of the rent.
4. ________ 85588 22 822225 82 885882 225 522 525 588 22528 525 28882528228 52525 252 82582 828855822 852 222 8828225 22 885888822 225 522 552522 25 52825582822 22 252 25228828.
5. The Landlord hereby agrees to release ________ from any and all obligations and liabilities under the Lease at any time after the Effective Date of this Agreement.
IN WITNESS WHEREOF, the Roommates have executed this Agreement in the manner prescribed by law as of the Effective Date.
EXECUTION:
_________________________________
________, Former Roommate
_________________
Date
___________________________________
________, Remaining Roommate
_________________
Date
_________________________________
________, Landlord
_________________
Date
ROOMMATE RELEASE AGREEMENT
State of Alabama
BACKGROUND.
A. This Roommate Release Agreement (the "Agreement") is made and entered into on ________ (the "Effective Date"), by and between the following Party who is moving out of their shared dwelling (the "Former Roommate"):
________
________
and the following Party who will be remaining in the shared dwelling (the "Remaining Roommate"):
________
________
B. WHEREAS, the Roommates are co-tenants at the property (the "Premises") located at:
________
with the following Landlord: ________.
C. WHEREAS, the Roommates entered into a Lease on ________ (the "Lease"), attached hereto as Exhibit A.
D. WHEREAS, ________ desires to be released from all liabilities and obligations under the lease, and the Remaining Roommate agrees to take full responsibility for all liabilities and obligations under the Lease for the remainder of the Lease term.
NOW THEREFORE, in consideration of the above recitals and mutual promises and benefits contained herein, the Roommates agree to the following terms:
1. ________ is relinquishing possession of the Premises on ________, and delegating all liabilities and obligations relating to the Premises to ________.
2. ________ agrees to assign their rights to any applicable security deposit in the amount of $________ (________) to the Remaining Roommate.
3. The Remaining Roommate does hereby take full responsibility for all liabilities and obligations under the Lease for the remainder of the Lease term, including but not limited to the payment of the rent.
4. ________ 85588 22 822225 82 885882 225 522 525 588 22528 525 28882528228 52525 252 82582 828855822 852 222 8828225 22 885888822 225 522 552522 25 52825582822 22 252 25228828.
5. The Landlord hereby agrees to release ________ from any and all obligations and liabilities under the Lease at any time after the Effective Date of this Agreement.
IN WITNESS WHEREOF, the Roommates have executed this Agreement in the manner prescribed by law as of the Effective Date.
EXECUTION:
_________________________________
________, Former Roommate
_________________
Date
___________________________________
________, Remaining Roommate
_________________
Date
_________________________________
________, Landlord
_________________
Date
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