Step 4 – Enter the deposit amount, the name of the roommate who will pay this amount to the owner and the date on which this amount was returned to the owner. Below this list, you will find each contributing tenant and the part of the amount they pay. The Arizona Rental Application is a form used for the process of screening a potential tenant to see if they are financially able to pay the monthly payment. The owner can consult the information and, if necessary, obtain credit information in order to check if there are any outstanding debts against the applicant. In addition to a background check, references may be required to verify that previous rental experiences have been positive for all parties involved. This PDF template for the Arizona Rental Lease Agreement is your instant lease agreement that is compliant in the state of Arizona. It takes a long time to draft a contract that complies with the laws of the state. The main advantage of this type of lease agreement is that each party can work with a certain degree of flexibility. Often, monthly rentals are temporary and are used when a tenant plans to stay for a few months at the same time. As a homeowner, there are two (2) ways to make sure they are. Care must be taken to find a good roommate by completing a rental application and then passing a substantive and solvency check. .
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