"Monthly Lease Agreement Form" - Colorado

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Download "Monthly Lease Agreement Form" - Colorado

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Colorado Monthly Lease Agreement
1.
Parties
This lease for the rental of residential property is between
_________________________________________________________________________ ("owner/agent")
and ______________________________________________________________________ ("resident")
The owner is: (optional)
Name
_______________________________________________________________________________________
Address
Phone__________________________
The agent authorized to manage the leased premises for the owner and to enter into this lease is:
Name___________________________________________________________________________________
Address
Phone__________________________
The resident manager is:
Name_____________________________________________________________________________________
Address
Phone__________________________
2.
Leased Premises
Owner/agent hereby leases to resident the premises described below:
_____________________________________________________________________________________
(Street Address)
(Unit No.)
(City)
Colorado. The premises shall also include:
_____________________________________________________________________________________
[specify furniture (inventory should be attached),** parking space, storage space, if any].
3.
Term (CROSS OUT EITHER PARAGRAPH A OR PARAGRAPH B)
A. Month-to-month. The term of this lease shall begin at
.m. o'clock on
, 20 , and
end at
,
.m. o'clock on the last day of the same calendar month. Following such initial period, the
term of this lease shall run from month to month beginning
, 20
, and shall be automatically
renewed for additional periods of one month thereafter until terminated by either party giving
days
written notice prior to the end of the rental month (specify number of days -- must be at least 10). The rental
month shall begin with the due date of the monthly rent.
B. Fixed Term. The term of this lease shall be from
.m. o'clock
, 20 , to
.m. o'clock
, 20
. No notice to terminate at the end of such fixed term is necessary
unless otherwise agreed in writing.
If resident retains possession of the premises after expiration of the fixed lease term with the permission of
owner/agent, resident and owner/agent shall continue to be bound by the terms and conditions of this lease on a
month-to-month basis. The lease may then be terminated by either party giving
__ days written notice prior
to the end of the rental month (specify number of days -- must be at least 10).
C. If the lease term does not begin on the first day of the month, rent shall be prorated to the last day of that
month.
Colorado Monthly Lease Agreement
1.
Parties
This lease for the rental of residential property is between
_________________________________________________________________________ ("owner/agent")
and ______________________________________________________________________ ("resident")
The owner is: (optional)
Name
_______________________________________________________________________________________
Address
Phone__________________________
The agent authorized to manage the leased premises for the owner and to enter into this lease is:
Name___________________________________________________________________________________
Address
Phone__________________________
The resident manager is:
Name_____________________________________________________________________________________
Address
Phone__________________________
2.
Leased Premises
Owner/agent hereby leases to resident the premises described below:
_____________________________________________________________________________________
(Street Address)
(Unit No.)
(City)
Colorado. The premises shall also include:
_____________________________________________________________________________________
[specify furniture (inventory should be attached),** parking space, storage space, if any].
3.
Term (CROSS OUT EITHER PARAGRAPH A OR PARAGRAPH B)
A. Month-to-month. The term of this lease shall begin at
.m. o'clock on
, 20 , and
end at
,
.m. o'clock on the last day of the same calendar month. Following such initial period, the
term of this lease shall run from month to month beginning
, 20
, and shall be automatically
renewed for additional periods of one month thereafter until terminated by either party giving
days
written notice prior to the end of the rental month (specify number of days -- must be at least 10). The rental
month shall begin with the due date of the monthly rent.
B. Fixed Term. The term of this lease shall be from
.m. o'clock
, 20 , to
.m. o'clock
, 20
. No notice to terminate at the end of such fixed term is necessary
unless otherwise agreed in writing.
If resident retains possession of the premises after expiration of the fixed lease term with the permission of
owner/agent, resident and owner/agent shall continue to be bound by the terms and conditions of this lease on a
month-to-month basis. The lease may then be terminated by either party giving
__ days written notice prior
to the end of the rental month (specify number of days -- must be at least 10).
C. If the lease term does not begin on the first day of the month, rent shall be prorated to the last day of that
month.
4.
Rent (CROSS OUT EITHER PARAGRAPH A OR PARAGRAPH B)
A. Month-to-month. If the lease term does not begin on the first day of the month, the first month's prorated
rent is $
, due on
, 20
. The full monthly rental price for the term of this lease is $______
monthly, due on the
day of each month, beginning
, 20 . The rental price may not be
changed without
days written notice prior to the end of the rental month (specify number of days -- must
be at least 10).
B. Fixed Term. The total rental price for the term of this lease is $
. Of this amount, the first
rental payment in the amount of $
is due on
, 20
. The remainder is payable in monthly
installments of $
each, due on the
day of each month, beginning
, 20
.
C. Rent payments shall be made to
(name) at ____________________________
(address). Resident shall incur and be charged $
per day as a late fee for payment of rent received
after
.m. o'clock on the
day of the month. Such fee, which will be considered additional
rent, may be collected immediately by owner/agent or, at owner/agent's option, such fee may be withheld from
resident's security deposit if written notice of such intended withholding is provided to resident within 45 days
of the date that the late fee is incurred. The giving of such notice of intent shall not relieve owner/agent
of any obligation pertaining to the security deposit set forth in section 6 of this lease. Late fees may be waived
if owner/agent agrees in writing. Resident should request such waiver by notifying owner/agent on or before
the rental due date and mutually arranging an alternative payment date.**
A charge of up to $
may be imposed for any resident's check returned to owner/agent because of
insufficient funds, whether the check is for rent, security deposit, or other payment.
Any late fee and returned check charge shall be a reasonable estimate of the administrative costs incurred by
owner/agent.
5.
Notice
Unless otherwise specified in this lease, all notices provided by this lease shall be in writing and shall be
delivered to the other party personally, or sent by first class mail, postage pre-paid, or securely and
conspicuously posted, as follows:
To resident: at the premises, or at resident's last known address
To owner/agent: at
Notice to one resident shall be deemed to be notice to all residents.
6.
Security Deposit (CROSS OUT EITHER PARAGRAPH A OR PARAGRAPH B)
A. Resident has paid owner/agent the sum of $
as a security deposit to secure the performance of
this rental agreement.
B. By optional and mutual agreement between owner/agent and resident, resident agrees to pay the security
deposit in the total amount of $
, according to the following payment schedule:
______________________________________________________________________________
C. Any advance or deposit of money, whether termed last month's rent, damage deposit, or security deposit,
constitutes a security deposit under this section.
D. Resident may not use the security deposit in place of rent without the written permission of owner/agent.
E. 3.69% (01/01/08 – 12/31/08) simple interest per annum shall be paid within one month of termination of
the lease or surrender and acceptance of the premises, whichever occurs last, on the full amount of the deposit
in the owner/agent's possession.
F. It is the duty of resident to return the premises, including any outside areas, yards or driveways required to
be maintained by resident under this lease, to their condition at the commencement of this lease, except for
normal wear and tear. Colorado state law defines normal wear and tear as: "that deterioration which occurs,
based upon the use for which the rental unit is intended, without negligence, carelessness, accident, or abuse of
the premises or equipment or chattels by the tenant or members of his household, or their invitees or guests."**
G. Owner/agent shall return the security deposit to resident within one month after termination of this lease or
surrender and acceptance of the premises, whichever occurs last, unless a longer period of time for return of the
deposit is specified here:
days (specify number of day -- must not be more than 60). If actual cause
exists for retaining any portion of the security deposit, owner/agent shall provide resident with a written
statement listing the exact reasons for the retention of any portion of the security deposit. When the statement is
delivered, it shall be accompanied by payment of the difference between any sum deposited and the amount
retained. Owner/agent is deemed to have complied with this paragraph G by mailing said statement and any
payment required to the last known address of resident. The failure of owner/agent to provide a written
statement within the period of time stated above shall work a forfeiture of all owner/agent's rights to withhold
any portion of the security deposit.
H. Owner/agent, at owner/agent's option, may use resident's security deposit during the term of this lease to
fulfill resident's obligations under this lease. Nothing in this paragraph H shall relieve owner/agent of any
obligation created by the state security deposit law set forth in Colorado Revised Statutes 1973, section
38-12-101 et seq.
7.
Eviction/holding over
A. Owner/agent may evict resident from the premises or undertake other legal action to regain possession for
non-payment of rent or substantial breach of the lease.
B. Resident shall continue to be liable for rent and be bound by the other provisions of this lease during the
time resident remains in possession of the leased premises even though owner/agent has chosen to seek eviction
because of resident's breach of this lease.
C. If the premises are abandoned or if resident is evicted, resident will remain liable for any loss of rent for
the remainder of the lease term. Owner/agent will attempt to re-rent the premises to minimize any loss.
D. Eviction procedures, including notice requirements, as set forth in Colorado Revised Statutes 1973,
section 13-40-101 et seq. (court-ordered evictions) shall be the sole remedy available to owner/agent to evict a
resident.
8.
Occupancy
No more than
persons may reside in the leased premises
For information on occupancy limits under City of Boulder zoning laws, call the City Zoning Department,
441-3280.**
Resident shall not allow guests to stay upon the premises more than _______ days per month without written
consent of owner/agent.
9.
Use
Resident shall use the premises for residential purposes only unless otherwise agreed in writing.
Resident shall not engage in any illegal activities on the premises.
10.
Utilities
Resident shall be responsible for paying for the following utilities or services connected with the premises
(check those applicable):
A. water ____
B. sewer ____
C. electricity ____
D. gas ____
E. phone (if desired) ____
F. trash pick-up ____
G. other ____
H. other ____
Within 3 business days after the beginning of the lease term, resident shall arrange for such utilities or services
and for billing directly to resident, unless otherwise agreed here:
________________________________________________________________________
________________________________________________________________________
Provision of and the payment for utilities and services listed above but not checked shall be the responsibility of
owner/agent.
The party responsible for any particular utility or service shall not be liable for failure to furnish the utility or
service when the cause of such failure is beyond that party's control.
11.
Privacy
Resident shall permit owner/agent to enter the premises at reasonable times and upon reasonable notice for the
purpose of making necessary or convenient repairs or reasonable inspections, or to show the premises to
prospective residents, purchasers, or lenders. Entry may be made without prior notice only if owner/agent
reasonably believes that an emergency exists, such as a fire or broken water pipe, or that the premises have been
abandoned.
12.
Assignment/subleasing/release
Resident shall not assign this lease, or sublet any portion of the leased premises, for any part or all of the term of
this lease without prior written consent of owner/agent.
Owner/agent agrees to release resident from this lease if resident finds a replacement resident, acceptable to
owner/agent, who will sign a new lease for the remaining term. Owner/agent shall exercise good faith and
reasonableness in accepting a replacement resident.
13.
Noise and Nuisance
Resident agrees not to make any excessive noise or to create any nuisance such as will disturb the peace and
quiet of neighbors.
14.
Rules and Regulations
Resident agrees to abide by all rules and regulations in effect at the time of signing this lease (a copy of which
is attached to and hereby made part of this lease) and to such amended rules or regulations which resident
agrees to in writing.
15.
Check-in/check-out sheet
A check-in/check-out sheet may be attached to this lease. Complete and sign this form within seven days of
occupancy in order to help protect both parties.**
16.
Furnishings
If the premises are furnished, a separate inventory of the furnishings, including their condition, may be attached
to this lease. Both parties should complete and sign this form within seven days of occupancy in order to help
protect both parties.**
17.
Repairs and Maintenance
Rental property in the City of Boulder is required to have a rental license. In order to have a rental license, the
property must be in compliance with the City of Boulder Housing code, which establishes minimum health,
safety and maintenance standards for housing in the City.**
If repairs are required in order for the premises to be in compliance with the Boulder Housing code,
owner/agent shall be responsible for making such repairs. ____________________________ (specify
"owner/agent" or "resident") shall be responsible for payment of any costs of such repairs unless the repairs
were necessitated by the negligence or willful acts of the other party to this lease. If resident believes repairs
are necessary, resident should contact owner/agent and request such repairs. If owner/agent does not correct the
problem within a reasonable time, resident should contact the Boulder Housing Inspection Division (441-3152)
to request assistance.**
Resident shall not make repairs without written consent of owner/agent.
Resident shall pay reasonable charges (other than for normal wear and tear) for the repair of damage to the
premises or common areas caused by the negligence or willful acts of resident, members of resident's
household, or guests. Excessive damage to the premises by resident, members of resident's household, or guests
shall be grounds for owner/agent to evict resident.
18.
Constructive Eviction
When conditions beyond the control of resident cause the premises to become legally uninhabitable, and when
owner/agent is responsible for remedying those conditions but does not do so within a reasonable time after
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