This Room Rental Agreement is on a month-to-month basis beginning on. If this Room Rental Agreement starts partway through the month, the first month’s rent will be prorated and the month-to-month terms will then proceed from the 1st day of each month. For example, some properties will have an independent contractor do repair and maintenance in the building. You’ll need to decide what works best for your needs and make sure that information is included in the contract. With this information in hand, you’ll be adequately prepared to execute a commercial lease. However, there are other things that need to go into a business lease. Otherwise, you may fill it out by hand or with a typewriter so long as this is done so legibly. The lease agreement is effective for the specific time stated in the agreement and is then considered ended. If the tenants wish to remain in the property, both parties must enter into a new lease agreement. It is common that at the lease signing, and before the move-in, that the new roommate pay for the security deposit (if any) and the first (1st) month’s rent. This could save you and any roommates a lot of headaches in case the person is attempting to get free housing for a short-term period.