"Lease Agreement Template"

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LEASE AGREEMENT
THIS LEASE AGREEMENT (hereinafter referred to as the "Agreement") made and
entered into this __ day of _________, 20__, by and between
______________________________________, whose address is
______________________________ (hereinafter referred to as "Lessor") and
_________________________________ (hereinafter referred to as "Lessee").
W I T N E S S E T H :
WHEREAS, Lessor is the fee owner of certain real property being, lying and situate in
____________ County, __________, such real property having a street address
of_________________________________________________.
WHEREAS, Lessor is desirous of leasing the Premises to Lessee upon the terms and
conditions as contained herein; and
WHEREAS, Lessee is desirous of leasing the Premises from Lessor on the terms and
conditions as contained herein;
NOW, THEREFORE, for and in consideration of the sum of TEN DOLLARS ($10.00),
the covenants and obligations contained herein and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
hereto hereby agree as follows:
1. TERM. Lessor leases to Lessee and Lessee leases from Lessor the above described
Premises together with any and all appurtenances thereto, for a term of __ year(s), such
term beginning on ______________, and ending at 12 o'clock midnight on
__________________.
2. RENT. The total rent for the term hereof is the sum of
____________________________ DOLLARS ($____________) payable on the __ day
of each month of the term, in equal installments of __________________________
DOLLARS ($_____________) first and last installments to be paid upon the due
execution of this Agreement, the second installment to be paid on
___________________. All such payments shall be made to Lessor at Lessor's address as
set forth in the preamble to this Agreement on or before the due date and without
demand.
3. DAMAGE DEPOSIT. Upon the due execution of this Agreement, Lessee shall deposit
with Lessor the sum of _______________________ DOLLARS ($________) receipt of
which is hereby acknowledged by Lessor, as security for any damage caused to the
Premises during the term hereof. Such deposit shall be returned to Lessee, without
interest, and less any set off for damages to the Premises upon the termination of this
Agreement.
LEASE AGREEMENT
THIS LEASE AGREEMENT (hereinafter referred to as the "Agreement") made and
entered into this __ day of _________, 20__, by and between
______________________________________, whose address is
______________________________ (hereinafter referred to as "Lessor") and
_________________________________ (hereinafter referred to as "Lessee").
W I T N E S S E T H :
WHEREAS, Lessor is the fee owner of certain real property being, lying and situate in
____________ County, __________, such real property having a street address
of_________________________________________________.
WHEREAS, Lessor is desirous of leasing the Premises to Lessee upon the terms and
conditions as contained herein; and
WHEREAS, Lessee is desirous of leasing the Premises from Lessor on the terms and
conditions as contained herein;
NOW, THEREFORE, for and in consideration of the sum of TEN DOLLARS ($10.00),
the covenants and obligations contained herein and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
hereto hereby agree as follows:
1. TERM. Lessor leases to Lessee and Lessee leases from Lessor the above described
Premises together with any and all appurtenances thereto, for a term of __ year(s), such
term beginning on ______________, and ending at 12 o'clock midnight on
__________________.
2. RENT. The total rent for the term hereof is the sum of
____________________________ DOLLARS ($____________) payable on the __ day
of each month of the term, in equal installments of __________________________
DOLLARS ($_____________) first and last installments to be paid upon the due
execution of this Agreement, the second installment to be paid on
___________________. All such payments shall be made to Lessor at Lessor's address as
set forth in the preamble to this Agreement on or before the due date and without
demand.
3. DAMAGE DEPOSIT. Upon the due execution of this Agreement, Lessee shall deposit
with Lessor the sum of _______________________ DOLLARS ($________) receipt of
which is hereby acknowledged by Lessor, as security for any damage caused to the
Premises during the term hereof. Such deposit shall be returned to Lessee, without
interest, and less any set off for damages to the Premises upon the termination of this
Agreement.
4. USE OF PREMISES. The Premises shall be used and occupied by Lessee and Lessee's
immediate family, consisting of _________________
______________________________________, exclusively, as a private single family
dwelling, and no part of the Premises shall be used at any time during the term of this
Agreement by Lessee for the purpose of carrying on any business, profession, or trade of
any kind, or for any purpose other than as a private single family dwelling. Lessee shall
not allow any other person, other than Lessee's immediate family or transient relatives
and friends who are guests of Lessee, to use or occupy the Premises without first
obtaining Lessor's written consent to such use. Lessee shall comply with any and all laws,
ordinances, rules and orders of any and all governmental or quasi-governmental
authorities affecting the cleanliness, use, occupancy and preservation of the Premises.
5. CONDITION OF PREMISES. Lessee stipulates, represents and warrants that Lessee
has examined the Premises, and that they are at the time of this Lease in good order,
repair, and in a safe, clean and tenantable condition.
6. ASSIGNMENT AND SUB-LETTING. Lessee shall not assign this Agreement, or sub-
let or grant any license to use the Premises or any part thereof without the prior written
consent of Lessor. A consent by Lessor to one such assignment, sub-letting or license
shall not be deemed to be a consent to any subsequent assignment, sub-letting or license.
An assignment, sub-letting or license without the prior written consent of Lessor or an
assignment or sub-letting by operation of law shall be absolutely null and void and shall,
at Lessor's option, terminate this Agreement.
7. ALTERATIONS AND IMPROVEMENTS. Lessee shall make no alterations to the
buildings or improvements on the Premises or construct any building or make any other
improvements on the Premises without the prior written consent of Lessor. Any and all
alterations, changes, and/or improvements built, constructed or placed on the Premises by
Lessee shall, unless otherwise provided by written agreement between Lessor and Lessee,
be and become the property of Lessor and remain on the Premises at the expiration or
earlier termination of this Agreement.
8. NON-DELIVERY OF POSSESSION. In the event Lessor cannot deliver possession of
the Premises to Lessee upon the commencement of the Lease term, through no fault of
Lessor or its agents, then Lessor or its agents shall have no liability, but the rental herein
provided shall abate until possession is given. Lessor or its agents shall have thirty (30)
days in which to give possession, and if possession is tendered within such time, Lessee
agrees to accept the demised Premises and pay the rental herein provided from that date.
In the event possession cannot be delivered within such time, through no fault of Lessor
or its agents, then this Agreement and all rights hereunder shall terminate.
9. HAZARDOUS MATERIALS. Lessee shall not keep on the Premises any item of a
dangerous, flammable or explosive character that might unreasonably increase the danger
of fire or explosion on the Premises or that might be considered hazardous or extra
hazardous by any responsible insurance company.
10. UTILITIES. Lessee shall be responsible for arranging for and paying for all utility
services required on the Premises.
11. MAINTENANCE AND REPAIR; RULES. Lessee will, at its sole expense, keep and
maintain the Premises and appurtenances in good and sanitary condition and repair
during the term of this Agreement and any renewal thereof. Without limiting the
generality of the foregoing, Lessee shall:
(a) Not obstruct the driveways, sidewalks, courts, entry ways, stairs and/or halls, which
shall be used for the purposes of ingress and egress only;
(b) Keep all windows, glass, window coverings, doors, locks and hardware in good, clean
order and repair;
(c) Not obstruct or cover the windows or doors;
(d) Not leave windows or doors in an open position during any inclement weather;
(e) Not hang any laundry, clothing, sheets, etc. from any window, rail, porch or balcony
nor air or dry any of same within any yard area or space;
(f) Not cause or permit any locks or hooks to be placed upon any door or window without
the prior written consent of Lessor;
(g) Keep all air conditioning filters clean and free from dirt;
(h) Keep all lavatories, sinks, toilets, and all other water and plumbing apparatus in good
order and repair and shall use same only for the purposes for which they were
constructed. Lessee shall not allow any sweepings, rubbish, sand, rags, ashes or other
substances to be thrown or deposited therein. Any damage to any such apparatus and the
cost of clearing stopped plumbing resulting from misuse shall be borne by Lessee;
(i) And Lessee's family and guests shall at all times maintain order in the Premises and at
all places on the Premises, and shall not make or permit any loud or improper noises, or
otherwise disturb other residents;
(j) Keep all radios, television sets, stereos, phonographs, etc., turned down to a level of
sound that does not annoy or interfere with other residents;
(k) Deposit all trash, garbage, rubbish or refuse in the locations provided therefor and
shall not allow any trash, garbage, rubbish or refuse to be deposited or permitted to stand
on the exterior of any building or within the common elements;
(l) Abide by and be bound by any and all rules and regulations affecting the Premises or
the common area appurtenant thereto which may be adopted or promulgated by the
Condominium or Homeowners' Association having control over them.
12. DAMAGE TO PREMISES. In the event the Premises are destroyed or rendered
wholly untenantable by fire, storm, earthquake, or other casualty not caused by the
negligence of Lessee, this Agreement shall terminate from such time except for the
purpose of enforcing rights that may have then accrued hereunder. The rental provided
for herein shall then be accounted for by and between Lessor and Lessee up to the time of
such injury or destruction of the Premises, Lessee paying rentals up to such date and
Lessor refunding rentals collected beyond such date. Should a portion of the Premises
thereby be rendered untenantable, the Lessor shall have the option of either repairing
such injured or damaged portion or terminating this Lease. In the event that Lessor
exercises its right to repair such untenantable portion, the rental shall abate in the
proportion that the injured parts bears to the whole Premises, and such part so injured
shall be restored by Lessor as speedily as practicable, after which the full rent shall
recommence and the Agreement continue according to its terms.
13. INSPECTION OF PREMISES. Lessor and Lessor's agents shall have the right at all
reasonable times during the term of this Agreement and any renewal thereof to enter the
Premises for the purpose of inspecting the Premises and all buildings and improvements
thereon. And for the purposes of making any repairs, additions or alterations as may be
deemed appropriate by Lessor for the preservation of the Premises or the building. Lessor
and its agents shall further have the right to exhibit the Premises and to display the usual
"for sale", "for rent" or "vacancy" signs on the Premises at any time within forty-five (45)
days before the expiration of this Lease. The right of entry shall likewise exist for the
purpose of removing placards, signs, fixtures, alterations or additions, but do not conform
to this Agreement or to any restrictions, rules or regulations affecting the Premises.
14. SUBORDINATION OF LEASE. This Agreement and Lessee's interest hereunder are
and shall be subordinate, junior and inferior to any and all mortgages, liens or
encumbrances now or hereafter placed on the Premises by Lessor, all advances made
under any such mortgages, liens or encumbrances (including, but not limited to, future
advances), the interest payable on such mortgages, liens or encumbrances and any and all
renewals, extensions or modifications of such mortgages, liens or encumbrances.
15. LESSEE'S HOLD OVER. If Lessee remains in possession of the Premises with the
consent of Lessor after the natural expiration of this Agreement, a new tenancy from
month-to-month shall be created between Lessor and Lessee which shall be subject to all
of the terms and conditions hereof except that rent shall then be due and owing at
______________ DOLLARS ($___________) per month and except that such tenancy
shall be terminable upon fifteen (15) days written notice served by either party.
16. SURRENDER OF PREMISES. Upon the expiration of the term hereof, Lessee shall
surrender the Premises in as good a state and condition as they were at the
commencement of this Agreement, reasonable use and wear and tear thereof and
damages by the elements excepted.
17. ANIMALS. Lessee shall be entitled to keep no more than __ (___) domestic dogs,
cats or birds; however, at such time as Lessee shall actually keep any such animal on the
Premises, Lessee shall pay to Lessor a pet deposit of ___________________ DOLLARS
($_______), _______________ DOLLARS ($_________) of which shall be non-
refundable and shall be used upon the termination or expiration of this Agreement for the
purposes of cleaning the carpets of the building.
18. QUIET ENJOYMENT. Lessee, upon payment of all of the sums referred to herein as
being payable by Lessee and Lessee's performance of all Lessee's agreements contained
herein and Lessee's observance of all rules and regulations, shall and may peacefully and
quietly have, hold and enjoy said Premises for the term hereof.
19. INDEMNIFICATION. Lessor shall not be liable for any damage or injury of or to the
Lessee, Lessee's family, guests, invitees, agents or employees or to any person entering
the Premises or the building of which the Premises are a part or to goods or equipment, or
in the structure or equipment of the structure of which the Premises are a part, and Lessee
hereby agrees to indemnify, defend and hold Lessor harmless from any and all claims or
assertions of every kind and nature.
20. DEFAULT. If Lessee fails to comply with any of the material provisions of this
Agreement, other than the covenant to pay rent, or of any present rules and regulations or
any that may be hereafter prescribed by Lessor, or materially fails to comply with any
duties imposed on Lessee by statute, within seven (7) days after delivery of written notice
by Lessor specifying the non-compliance and indicating the intention of Lessor to
terminate the Lease by reason thereof, Lessor may terminate this Agreement.
If Lessee fails to pay rent when due and the default continues for seven (7) days
thereafter, Lessor may, at Lessor's option, declare the entire balance of rent payable
hereunder to be immediately due and payable and may exercise any and all rights and
remedies available to Lessor at law or in equity or may immediately terminate this
Agreement.
21. LATE CHARGE. In the event that any payment required to be paid by Lessee
hereunder is not made within three (3) days of when due, Lessee shall pay to Lessor, in
addition to such payment or other charges due hereunder, a "late fee" in the amount of
_____________________ ($__________).
22. ABANDONMENT. If at any time during the term of this Agreement Lessee
abandons the Premises or any part thereof, Lessor may, at Lessor's option, obtain
possession of the Premises in the manner provided by law, and without becoming liable
to Lessee for damages or for any payment of any kind whatever. Lessor may, at Lessor's
discretion, as agent for Lessee, relet the Premises, or any part thereof, for the whole or
any part thereof, for the whole or any part of the then unexpired term, and may receive
and collect all rent payable by virtue of such reletting, and, at Lessor's option, hold
Lessee liable for any difference between the rent that would have been payable under this
Agreement during the balance of the unexpired term, if this Agreement had continued in
force, and the net rent for such period realized by Lessor by means of such reletting. If
Lessor's right of reentry is exercised following abandonment of the Premises by Lessee,