This is a legally binding agreement. It is intended to promote household harmony by clarifying the expectations and responsibilities of the homeowner or principal tenant (landlord) and tenant when they share the same home. All parties shall receive a copy of this document.
Rental Unit Located at
________________________________________________________________ Address
Parties
Landlord/Principal Tenant (circle) Tenant
_______________________________ ________________________________ (Name) (Name)
Terms
Length of Agreement: One year lease (unless terminated prior)
Rent
$______________, payable monthly on the ________ day of the month, made payable to _____________________________
Rent □does □does not include utilities. If it does not, utility bills will be appropriated as follows:
□ Gas/Electricity: Tenant pays __________% of monthly bill
□ Water/Garbage: Tenant pays __________% of monthly bill
□ Phone: Tenant pays __________% of monthly bill plus personal long distance calls. Deposits
Last month’s rent: Paid on _____________________ Amount $____________ Security Deposit: Paid on _____________________ Amount $____________
The security deposit may be used for the purpose of repairing damage for which the tenant is responsible (beyond normal wear and tear), cleaning, or paying unpaid rent or utilities. The Owner and the Renter shall conduct a pre-move out inspection of the rental BEFORE the Renter moves out at which time the Owner shall inform the Renter of needed repairs. The Renter shall
have the right to make any repairs identified at the pre-move out inspection at his or her expense before the move out date without deduction from the security deposit. Within three weeks after the Tenant moves out, the Owner shall return the deposit to the Renter with accrued interest, if any, less any deductions the owner is entitled to under this agreement. If any deductions are made, the owner shall provide the Renter with a written itemized statement of expenses and receipts for cleaning or repairs for which deductions were made from the deposit.
Quiet Enjoyment
Landlord covenants that on paying the rent and performing the covenants herein contained, the Tenant shall peacefully and quietly have, hold, and enjoy the premises for the agreed term.
Condition of the Premises
Tenant stipulates that he has examined the premises, including the grounds and all of the buildings and improvements and that they are, at the time of this lease, in good order, repair, and a safe, clean, tenantable condition.
Notice
Either party may, with 60 days written notice to the other party, terminate this Agreement. This Agreement is entered into this _______day of ____________, 20_______
____________________________
Landlord/Principal Tenant
____________________________
Tenant