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.
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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
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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
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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, then Lessor shall consider any personal property
belonging to Lessee and left on the Premises to also have been abandoned, in
which case Lessor may dispose of all such personal property in any manner Lessor
shall deem proper and Lessor is hereby relieved of all liability for doing so.
23. ATTORNEYS' FEES. Should it become necessary for Lessor to employ an
attorney to enforce any of the conditions or covenants hereof, including the
collection of rentals or gaining possession of the Premises, Lessee agrees to
pay all expenses so incurred, including a reasonable attorneys' fee.
24. RECORDING OF AGREEMENT. Lessee shall not record this Agreement on the
Public Records of any public office. In the event that Lessee shall record this
Agreement, this Agreement shall, at Lessor's option, terminate immediately and
Lessor shall be entitled to all rights and remedies that it has at law or in
equity.
25. GOVERNING LAW. This Agreement shall be governed, construed and
interpreted by, through and under the Laws of the State of __________________.
26. SEVERABILITY. If any provision of this Agreement or the application
thereof shall, for any reason and to any extent, be invalid or unenforceable,
neither the remainder of this Agreement nor the application of the provision to
other persons, entities or circumstances shall be affected thereby, but instead
shall be enforced to the maximum extent permitted by law.
27. BINDING EFFECT. The covenants, obligations and conditions herein
contained shall be binding on and inure to the benefit of the heirs, legal
representatives, and assigns of the parties hereto.
28. DESCRIPTIVE HEADINGS. The descriptive headings used herein are for
convenience of reference only and they are not intended to have any effect
whatsoever in determining the rights or obligations of the Lessor or Lessee.
29. CONSTRUCTION. The pronouns used herein shall include, where appropriate,
either gender or both, singular and plural.
30. NON-WAIVER. No indulgence, waiver, election or non-election by Lessor
under this Agreement shall affect Lessee's duties and liabilities hereunder.
31. MODIFICATION. The parties hereby agree that this document contains the
entire agreement between the parties
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and this Agreement shall not be modified, changed, altered or amended in any
way except through a written amendment signed by all of the parties hereto.
IN WITNESS WHEREOF, the parties have caused these presents to be duly
executed:
As to Lessor this __ day of __________, 20__.
Witnesses: "Lessor"
________________________ __________________________
________________________
________________________
As to Lessee this __ day of __________, 20__.
Witnesses: "Lessee"
_____________________ ________________________
_____________________ ________________________