Does anyone know what amount I need to enter in this clause for my rental lease?

WHEREAS, Lessor is desirous of leasing the Premises to Lessee upon the terms and conditions as contained herein; and NOW, THEREFORE, for and in consideration of the sum of $____________the covenants and obligations contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:Does anyone know what amount I need to enter in this clause for my rental lease?
Most form leases have another section in which to state the rent. This is just a formalistic clause that traditionally is completed as ';One Dollar ($1.00) and other valuable consideration,'; that other valuable consideration being the rent.Does anyone know what amount I need to enter in this clause for my rental lease?
Are you the lessor or the lessee?





The blank is something the lessee would fill in. So, if you are the lessor (renter), I would leave it blank for now and ask the property owner to fill it in.





If you are the lessee (renter), what is the market rate for rents in your area? You will also want to include the terms (i.e., how long the lease term is as well as how much and when rent must be paid.)





Good luck!
Are you the Lessor (owner)? If so, Put in any amount you hope the Lessee will pay. Or, what you think it is worth. (check what others are charging for same or comparable)


If you are the Lessee (renter), DO NOT SIGN until an amount has been agreed that is fair.
whatever the rate is for a month; or a year; however you are charging; just make sure you specify 12 payments of whatever
Ask an opinion of five lawyers and get eight different answers. It's called double-talk. That same mumbo jumbo could apply to an arrangement with a hooker.