LATE FEES: In the event Landlord does not actually receive a rent payment in the full amount due by 11:59 PM
on the day of the month, an initial late charge of $ will be owed to Landlord, plus an additional late
charge of $ per day thereafter.
Tenant agrees that the purpose of the late fees in this lease are to compensate the Landlord for damages incurred
from late rent, and that such damages are difficult to calculate. Late fees under this lease are considered additional
rent.
RETURNED PAYMENTS: If Tenant’s payment to Landlord is returned unpaid for any reason, Tenant shall pay to
Landlord a $
_____
returned payment fee, in addition to any rent and late fees owed. After one returned
payment, Landlord may require that all future payments be made in certified funds or cash.
Tenant agrees th
at the purpose of a returned payment fee in this lease is to compensate the Landlord for damages
incurred from a returned payment, and that such damages are difficult to calculate. Returned payment fees under
this lease are considered additional rent.
SECURITY DEPOSIT: On or before the execution of this lease, Tenant will pay Landlord a security deposit in the
amount of $
. Upon expiration of the lease, the deposit shall be returned to Tenant, minus any
damages Landlord may deduct from the deposit according to local statute. No interest will be paid to Tenant on the
deposit unless required by law. Landlord is not required to account for or refund the deposit until 30 days after
Tenant has vacated property.
PETS: No pets are allowed anywhere on the property unless specifically agreed to in writing by Landlord and
Tenant. If Landlord authorizes Tenant to keep a pet, Tenant accepts all liability and responsibility for the actions of
the pet, including injuries caused to third parties by the pet, and damages to property caused by the pet. Tenant will
further indemnify Landlord for any damages incurred by Landlord because of pet, and will defend Landlord, at
Tenant’s expense, for claims brought against Landlord by third parties. Unauthorized pets kept by Tenant constitute
a default under this lease.
No Pets are allowed on property
UTILITIES: Tenant will pay for all utilities on the property, including all connection/transfer fees, except Landlord
will pay the
following utilities: ____________________________________________________________________.
OCCUPANTS AND GUESTS: A total of ____ people, including children, live-in staff, and others, will be
living
on property. No additional occupants may reside on the property without the written consent of Landlord.
Tenant may not allow any guest to stay on the property longer than ____ days without Landlord’s written
consent.
PARKING AND VEHICLES: Tenant may not allow more than ____ vehicles on the property. Any additional
vehicles, including cars, trucks,
boats, trailers, campers, etc., must be approved by written consent of the
Landlord, or else they will be removed without notice. All vehicles must be properly registered, licensed, and
in good working order. No vehicle oil changes, maintenance, or other mechanical work is permitted on the
property. No inoperable vehicles may be stored in or on the property. Vehicles may not be parked on a lawn or
outside of a designated parking space. Landlord has the right to remove any vehicle that violates this paragraph
at the Tenant’s expense.
Tenants:________, ________, ________, ________ Landlord:________, ________
RESIDENTIA
L LEASE – Page 2 Landlord Guidance 2016
___
______
_____
____________
Landlord will allow _ __pet(s) on the property described as follows:
___________________________________________________________________________.
Tenant will pay Landlord a non-refundable Pet Deposit in the amount of $___________.