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Rental Specialist : The Lease

Sample Residential Lease ____________________________________________________
owner of the premises
located at:___________________________________________
City__________State______Zip_________________

Phone ___-___-____  alternate phone ___-___-____
Email:

Hereby leases and demises to the undersigned Lessee(s) the premises known as Address:_______________________________________, City_________State_______, upon the following terms and conditions: In consideration of the mutual covenants contained herein  consideration received,  Landlord and Tenant agree as follows:

1. Premises. Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the following premises: description:
______________________________________________

Tenant shall also have the right to use the common areas, which are provided for the common use of all tenants.

2. Term. The term of this Lease will be 12 months commencing on Date________________and end on Date_____________________at 12:00PM. This agreement commences upon payment and clearing of all checks required for first month's rent and security deposit, and will continue on the same terms and conditions herein.

3. Rent. Tenant agrees to pay to Landlord rental payments in the amount of $__________ per month, payable in advance on the first day of each month during the term of this Lease. Landlord acknowledges the receipt from Tenant of the sum of Rent $____________to be applied to the last month's rent. Rent shall be paid to Landlord at (Address)______________________________

4. Late Payment. In the event Landlord does not receive any amount payable by Tenant within ____________days of the due date, then Landlord may assess a late fee in the amount of _______% of the late or defaulted payment. Landlord may assess an administrative fee of $_________ for any check returned to Lessor for insufficient funds. DEFAULT. Upon any default by Tenant, Landlord may, at its option, terminate this Lease and/or commence eviction proceedings in accordance with the laws of the state of _______and the City of_____________. Tenant agrees to pay all costs and expenses incurred by Landlord by reason of Tenant's default.

5. Security Deposit and Guarantor. A Guarantor of Tenancy form (co-signer form), if required, is attached hereto and incorporated herein by reference. Security Deposits when applicable shall be returned to all Tenants in the form of one check made out to one Tenant and tendered to Tenants designated agent. Upon the execution of this Lease, Tenant has deposited with the Landlord a security deposit in the amount of $__________ to be held as security for the faithful performance by Tenant of all of its obligations contained in this Lease. Landlord may use the security deposit to repair any damage to the Premises caused by Tenant and to clean the Premises upon termination of this Lease. The security deposit shall be held and applied as provided by the laws of State____________. Under no circumstances may the security deposit be applied to the payment of rent. If Tenant fully performs its obligations hereunder, the security deposit, or balance, shall promptly be returned to Tenant, according to the laws governing the State of ______________ after the termination of this Lease.

6. Use. The Premises shall be used solely as a private residence by Tenant and occupancy and for no other use. Tenant agrees that no new occupancy of any space can be made without the express permission of the Landlord. Tenant agrees to comply with all present and future laws, ordinances and regulations of any public authority relating to the use of the Premises.

7. Assignment. Tenant may not assign, sublet or in any way transfer his/her interest in the premises without express written permission of the Landlord. Assignment or sublet notwithstanding, Tenant will remain liable for the payment of rent and the performance of all terms and conditions of this Lease. Any violations may be cause for termination of this lease.

8. House Rules. Tenant shall not make or permit any noisy or offensive use of the Premises, or allow any nuisance or loud noises, which might interfere with the enjoyment of other tenants or neighbors. Tenant will not permit any hazardous act or use of the Premises. Tenant will not make or permit any waste on the Premises. Complaints regarding noisy or offensive conduct or other violation may be sufficient grounds for eviction. GUESTS shall be allowed into the tenants unit provided that the owner/manage is immediately notified and identification of the guest is provided. The "guest" shall be permitted to remain in the unit for no longer than a total of 30 days in any 12 month period.

9. Utilities. Tenant will pay for the following utilities and services furnished to the Premises: ____________. Landlord will pay for the following utilities and services furnished to the Premises:___________

10. Storage. Landlord gives no right of storage with this unit, unless specified by a storage lease heretofore attached and designated Storage Lease. Porches, stairwells and hallways are not designated storage areas and must be kept clear.

11 . Parking. Landlord gives no right of parking with this unit, unless specified by a parking lease heretofore attached and designated Parking Lease

12. Pets. Landlord gives no right to tenant to have a pet unless specified by a Pet Lease heretofore attached and designated Pet Lease. Tenant may be required to leave a pet deposit in addition to the security deposit. If a pet is found on the premises, without express permission given in the pet lease, then Tenants right to possession will terminate.

13. Maintenance and Condition. Tenant acknowledges that it has examined the Premises and that they are in a good and habitable condition. Tenant has the responsibility to document any damages to the premises existing prior to the commencement of this lease for the Landlords file. Tenant shall keep the Premises in a clean and sanitary condition and in good repair as the premises were at the commencement of this Lease. Tenant will pay for all damage to the Premises and repairs required due to misuse or negligence by tenants or guests reasonable wear and tear excluded. Use of the Security Deposit for repairs caused by Tenant shall in no way imply that the cost of repairs is limited to the security deposit. Landlord and Tenant each agree to maintain and repair the Premises in compliance with all laws, ordinances and regulations applicable to them. Tenant shall report to the Landlord any acts of vandalism immediately. Tenant agrees to promptly give notice to Landlord of any required repairs or unsafe conditions immediately and Landlord will be given a reasonable period of time to restore or repair said premises.

14. Alterations. Tenant shall make no alteration, painting, addition or improvement in or to the premises without the prior written permission of the Landlord. All alterations, additions and improvements shall become the property of Landlord and shall remain on the Premises. At its option, the Landlord may require Tenant to restore the Premises to its former condition at the Tenants expense.

15. Access. Landlord and its agents may enter the Premises and upon reasonable notice to Tenant to conduct inspections, make repairs or improvements in accordance with the laws of governing the State of____and City of_________________

16. Recission. If the Landlord shall be unable to provide occupancy of the premises described in this lease agreement on the date of the commencement of the tenancy for any reason then this lease shall terminate at the election of either party upon written notice. Landlord shall be under no obligation to make available to Tenant any apartment other than the apartment specified in this Lease Agreement.

17. Indemnification. Unless caused by the negligence of Landlord, Landlord will not be liable for any loss or damage of any property or injury or death to Tenant or any person on or about the Premises. Tenant agrees to indemnify and hold Landlord harmless from all claims, expenses, damages and liabilities of whatever nature, including attorney's fees, relating to any loss or damage of any property or injury or death to Tenant or any person on or about the Premises.

18. No Waiver. The failure of Landlord to require strict performance by Tenant of any provision of this Lease is not a waiver for the future of any breach of the same or any other provision herein

19. Surrender and Holding Over. At the expiration or sooner termination of this Lease, Tenant will remove its possessions and peaceably deliver possession of the Premises to Landlord in good repair and condition as they were at the commencement of this Lease, ordinary wear and tear excepted. If Tenant remains in possession beyond the expiration of this Lease and Landlord accepts the tenant's rent, a month-to-month tenancy only shall be created and governed by the terms and conditions of this Lease.

This Lease Includes:
A security Depost - last months rent receipt
A statement of condition and completed move in form
A Mold Notification form
Lead Paint Phamphlet
A Guarantor of Tenancy Agreement

I N WITNESS WHEREOF, this Lease is executed under seal on the

__________day of_________________, 200_

____________________________________________________
Owner/Manager:


Tenant:______________________________________________

Tenant:______________________________________________


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