RESIDENTIAL LEASE AGREEMENT
THIS LEASE (the "Lease") dated this
BETWEEN:
(collectively and individually the "Landlord")
- AND -
(collectively and individually the "Tenant")
(individually the "Party" and collectively the "Parties")
IN CONSIDERATION OF the Landlord leasing certain premises to the Tenant and other valuable consideration, the receipt and sufficiency of which consideration is hereby acknowledged, the Parties agree as follows:
Leased Property
| 1. |
The Landlord agrees to rent to the Tenant the , municipally described as , , (the "Property"), for use as residential premises only. Tenant shall have exclusive use of the referenced bedroom(s) and non-exclusive, shared use of the common areas of the Property. The entire property wherein the Premises is located shall be referred to as the "Project", inclusive of other residential units, parking areas and common areas. |
| 2. |
Subject to the provisions of this Lease, apart from the Tenant, no other persons will live in the Property without the prior written permission of the Landlord. |
| 3. |
The Property is offered with bedroom(s) and bathroom(s). |
Term
Rent and Financials
| 5. |
Tenant will pay Landlord rent for the Term payable in monthly installments of $ ("Rent"). Rent will be payable in advance and due on the day of each month during the Term. Rent for any period during the Term which is for less than one month will be a pro rata portion of the monthly installment. Rent will be paid to Landlord by one of the following methods: . |
| 6. |
Upon execution of this Agreement by Tenant and as a condition of consideration for acceptance by Landlord, Tenant shall pay to Landlord the following: (I) The first rent payment, and (II) The Security Deposit. |
| 7. |
Guaranty. located at ("Guarantor") promises to unconditionally guarantee performance by Tenant. |
| 8. |
Late Fee. Rent paid after the day of each month will be deemed late. If rent is not paid within day(s) after such due date, Tenant agrees to pay a late charge of . |
| 9. |
Additional Rent. There may be instances under this Agreement where Tenant may be required to pay additional charges to Landlord. All such charges are considered additional rent and will be paid with the next regularly scheduled rent payment. |
| 10. |
Utilities. Tenant is responsible for payment of all utility and other services for the Property, with the exception of the following which will be paid by Landlord: None. |
| 11. |
Security Deposit. Upon signing this Agreement, Tenant will pay a security deposit in the amount of $ to Landlord. The security deposit will be retained by Landlord as security for Tenant's performance. The security deposit may not be used or deducted by Tenant as the last month's rent. Within days after the termination of this Agreement, Landlord will return the security deposit to Tenant (minus any amount applied for damages). |
Possession and Use
| 12. |
Landlord's Failure to Give Possession. In the event Landlord is unable to give possession of the Property to Tenant on the start date, Landlord will not be subject to any liability, the validity of this Agreement will not be affected, and Tenant will not be liable for rent until possession is given. |
| 13. |
Holdover Tenancy. There will be no holding over past the Term under the terms of this Agreement under any circumstances without mutual written agreement. |
| 14. |
Use of Property. The Property will be occupied only by Tenant and Tenant's immediate family and used only for residential purposes. Tenant will not engage in any objectionable conduct or cause dangerous, hazardous or unsanitary conditions. |
| 15. |
Maintenance and Repairs. Tenant will maintain the Property in clean, sanitary condition. Tenant will not remove Landlord's appliances. Tenant will reimburse Landlord for the cost of any repairs caused by Tenant's negligence. |
| 18. |
Subletting. Subleasing of the Property is . Notwithstanding Landlord's consent to a sublease, Tenant shall remain responsible for all obligations herein. |
Liability and Defaults
| 19. |
Insurance. Landlord is not responsible or liable for any loss, claim, or damage to any person or property occurring on the Property, unless resulting from the gross negligence of Landlord. |
| 20. |
Right of Entry. Landlord or its agents may enter the Property at reasonable times to inspect, repair, or show the Property. In an emergency, Landlord may enter at any time. |
| 21. |
Lost Keys. Tenant shall be responsible for all costs associated with the replacement of lost keys or necessary lock replacements. |
| 22. |
Default. In the event of any default under this Agreement, Landlord may provide notice of default. If Tenant fails to correct the default, Landlord may terminate this Agreement in accordance with state laws and seek eviction, damages, and attorney's fees. |
| 23. |
Notices. All official notices given under this Agreement must be in writing.
Landlord: | |
Tenant: |
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| 24. |
Agent. is involved as an agent in the leasing of this property. |
| 25. |
Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of . This document constitutes the entire agreement between the Parties. |
| 26. |
Dispute Resolution. Any disputes arising under this agreement shall be resolved via . |
IN WITNESS WHEREOF, the Parties hereto have executed this Agreement.
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LANDLORD SIGNATURE
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TENANT SIGNATURE
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EXHIBIT: ASBESTOS HAZARD DISCLOSURE
This property was built prior to 1981 and may contain asbestos. Asbestos is a hazardous material known to cause cancer and other diseases.
EXHIBIT: DISCLOSURE OF INFORMATION ON LEAD-BASED PAINT
Lead Warning Statement
Housing built before 1978 may contain lead-based paint. Lead from paint, paint chips, and dust can pose health hazards if not managed properly. Lead exposure is especially harmful to young children and pregnant women. Before renting pre-1978 housing, lessors must disclose the presence of known lead-based paint and/or lead-based paint hazards in the dwelling. Tenant must also receive a federally approved pamphlet on lead poisoning prevention.
Landlord's Disclosure
(a) Presence of lead-based paint and/or lead-based paint hazards:
_X_ Lessor has no knowledge of lead-based paint and/or lead-based paint hazards in the housing.
(b) Records and reports available to the lessor:
_X_ Lessor has no reports or records pertaining to lead-based paint and/or lead-based paint hazards in the housing.
Tenant's Acknowledgment
Tenant(s) who sign below acknowledge that they have received copies of all information listed above and have received the pamphlet Protect Your Family from Lead in Your Home.
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| LANDLORD SIGNATURE |
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TENANT SIGNATURE |
EXHIBIT: RENTAL INSPECTION CHECKLIST
Complete this inventory checklist as soon as you sign the lease. Do not move anything into the Premises until after you have filled out this checklist. Ask your Landlord to sign the checklist and/or send them a copy.
| Living Room | Condition Arrival | Condition Departure |
| Walls and Ceiling | | |
| Floor Covering | | |
| Windows / Doors | | |
| Light Fixtures / Outlets | | |
| Kitchen | Condition Arrival | Condition Departure |
| Stove / Oven / Refrigerator | | |
| Cabinets / Counter Surfaces | | |
| Sink / Garbage Disposal | | |
| Floor / Walls | | |
| Bathroom | Condition Arrival | Condition Departure |
| Shower / Tub / Toilet | | |
| Sink / Faucet / Mirror | | |
| Floor / Walls / Exhaust | | |
| Bedroom(s) | Condition Arrival | Condition Departure |
| Walls / Ceiling / Floor | | |
| Closets / Doors | | |
| Windows / Blinds | | |
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| LANDLORD SIGNATURE |
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TENANT SIGNATURE |