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Important Note:

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LEASE AGREEMENT 

 

THIS LEASE AGREEMENT (hereinafter referred to as the "Agreement") made and

entered into this ____ day of ___________, 19____, 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, 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 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 ____________, 19____.

Witnesses: "Lessor"

 

__________________________ ____________________________

__________________________

__________________________

 

As to Lessee this ____ day of ____________, 19____.

 

 

Witnesses: "Lessee"

_______________________ __________________________

_______________________ __________________________