Space leases are sometimes referred to as ”space leases”, with the new tenant accepting the terms of the original lease. Step 5 – The ”Rent” section defines the rental amounts and requires a breakdown of the amount each tenant must pay for the total amount. First enter the amount of monthly rent to be paid to the landlord. Then enter the amount of rent that each roommate must pay in the following areas. Then enter the method to use to pay the rent (for example.B. check, cash, etc.), and then specify where the rent should be sent and who should receive it. Finally, enter the monthly due date for the rent. Step 1 – Enter the date of the contract in the first paragraph The first paragraph of the space rental agreement describes who, what, where and when of the contract. It includes the following basic elements: 1.