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RESIDENTIAL LEASE/RENTAL
AGREEMENT
1.
PARTIES
This Residential Lease/Rental agreement (this
“Lease”) made the _____ day of _____________, 200__ by and between The
Properties at __________, LLC, a _________ company (hereinafter
“LANDLORD”) who is the owner of the below described premises and RESIDENT
_______________________________________________ (herinafter “RESIDENT”).
For, and in consideration of the mutual covenants herein, LANDLORD does
lease/rent to RESIDENT and RESIDENT does hereby lease/rent from LANDLORD for
residential use those premises located at:
______________________________________________________________________________
Building
Street Address
Unit No.
______________________________________________________________________________
City
State
Zip
(Hereinafter ‘PREMISES”) under the terms and
conditions which follow.
2.
RIGHT TO RELOCATE
LANDLORD reserves the right to relocate
RESIDENTs residing in housing units due to construction and renovation, or
habitability conditions. LANDLORD agrees to provide RESIDENT with a 60-day
advance notice. Relocations directed by LANDLORD will be at no cost to
RESIDENTs, except for relocation due to habitability deficiencies caused by the
acts of the RESIDENT or their guests and invitees; in such event, RESIDENT shall
pay for relocation expenses, in addition to the cost to repair any habitability
deficiencies.
3.
TERM
The TERM of this agreement shall begin
______________________________ and end on _____________________________.
RESIDENT hereby recognizes he/she is obligated to pay rental for the full term,
unless earlier terminated in accordance with the last sentence of this
paragraph, or as provided below under “Military Agreement”. In the event
that RESIDENT shall hold over after expiration of the term, the occupancy shall
be deemed a month-to-month tenancy at the same rental rate as member’s current
BAH. On a holdover tenancy, RESIDENT shall be bound by all the terms,
covenants, and conditions of this agreement, so far as applicable.
Unless a new lease or Lease extension is executed, after one (1) year, RESIDENT
may terminate tenancy with a thirty (30) day written or electronic notice to
LANDLORD’s legal address as provided herein.
4.
RENT
RESIDENT agrees to pay, during the term aforesaid, the yearly
rent of _______________ dollars ($___________) shall be payable in equal monthly
installments of ____________________ dollars ($___________) payable on the first
day of each and every month. The rental amount is paid in arrears.
Rent shall be paid by allotment and no security |
Instantly
