Fillable Standard Residential Lease Agreement Template (iPropertyManagement)

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Standard Residential Lease Agreement Template (iPropertyManagement)

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STANDARD LEASE AGREEMENT
THIS LEASE AGREEMENT hereinafter known as the "Lease" is made and entered into
this ____ day of _______________________, 20____, by and between the Landlord known
as _______________________ with a mailing address _______________________, in the City
of _______________________, State of _______________________ hereinafter known as the
"Landlord" and the Tenant(s) known as _______________________,
_______________________, _______________________, _______________________, hereinafter
known as the "Tenant(s)" for and in consideration of the covenants and obligations
contained herein and other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereby agree as follows:
PROPERTY. Landlord owns property and improvements located at
_______________________, City of _______________________, State of
_______________________ (hereinafter referred to as the "Property"). Landlord desires to
lease the Property to Tenant upon the terms and conditions contained herein.
Tenant desires to lease the Property from Landlord upon the terms and conditions
contained herein.
LEASE TERM. This Lease shall commence on ____ day of _______________________,
20____, and end on ____ day of _______________________, 20____, at 11:59 PM local time
(hereinafter referred to as the “Term”). Upon the end of the Term, Tenant shall be
required to vacate the Property unless one of the following circumstances occur:
A. Landlord and Tenant formally extend this Lease in writing or create and
execute a new, written and signed Lease; Or
B. Landlord willingly accepts new Rent from Tenant, which does not constitute
past due Rent. In the event that Landlord accepts new rent from Tenant after
the termination date, a month-to-month tenancy shall be created. If at any
time either party desires to terminate the month-to-month tenancy, such
party may do so by providing to the other party written notice of intention to
terminate at least ____ days prior to the desired date or the minimum time
period required by the State, whichever is less. Notices to terminate may be
given on any calendar day, irrespective of the commencement date. Rent
shall continue at the rate specified in this Lease, or as allowed by law. All other
terms and conditions as outlined in this Lease shall remain in full force and
effect.
RENT. Tenant shall pay to Landlord the sum of $____________ per month (hereinafter
referred to as “Rent”) for the Term of the Lease. The due date for Rent payment shall
be the ____ day of each calendar month and shall be considered an advance
payment for that month (hereinafter referred to as the “Due Date”). Weekends and
holidays do not delay or excuse Tenant’s obligation to pay Rent on time.
A. Late Rent. If Rent is not paid within ____ days of the Due Date, the Rent shall
be considered past due and a late fee of ☐ $____________ or ☐ ____ % of the
Rent past due shall be applied for every ☐ day Rent is late ☐ occurrence Rent
is late.
B. Returned Checks. In the event that any payment by Tenant is returned for
insufficient funds ("NSF") or if Tenant stops payment, Tenant will pay
$____________ to Landlord for each such check, plus late Rent penalties, as
described above, until Landlord has received payment.
C. Order in which Funds are Applied. The landlord will apply all funds received
from Tenant first to any non-rent obligations of Tenant, including late charges,
returned check charges, charge-backs for repairs, brokerage fees, and
periodic utilities, then to Rent, regardless of any notations on a check.
D. Rent Increases. There will be no rent increases through the Term of the Lease.
If this Lease is renewed automatically on a month-to-month basis, Landlord
may increase the rent during the renewal period by providing written notice
to Tenant that becomes effective the month following the ____ day after the
notice is provided.
SECURITY DEPOSIT. Upon execution of this Lease, Tenant shall deposit with
Landlord the sum of $____________ (hereinafter referred to as the “Security Deposit”)
receipt of which is hereby acknowledged by Landlord, as security for any damage
caused to the Property during the term hereof. The landlord may place the Security
Deposit in an interest-bearing account and any interest earned will be paid to
Landlord.
A. Refunds. Upon termination of the tenancy, all funds held by the landlord as a
Security Deposit may be applied to the payment of accrued rent and the
number of damages that the landlord has suffered by reason of the tenant's
noncompliance with the terms of this Lease or with any and all laws,
ordinances, rules, and orders of any and all governmental authorities affecting
the cleanliness, use, occupancy, and preservation of the Property.
B. Deductions. The landlord may deduct reasonable charges from the Security
Deposit for unpaid rent; late charges; costs of reletting, if Tenant is in default;
unpaid utilities; replacing unreturned keys, garage door openers, or other
devices; costs of cleaning and repairing the Property and its contents for
which tenant is responsible; pet violations; removal of unauthorized locks or
fixtures; removing abandoned or illegally parked vehicles; attorney fees and
costs of court incurred in any proceeding against Tenant. If deductions exceed
the Security Deposit, Tenant will pay Landlord the excess amount within ten
(10) days after Landlord makes written demand. The Security Deposit will be
applied first to any non-rent items, including late charges, returned check
charges, repairs, brokerage fees, and periodic utilities, then to any unpaid rent.
C. Return. The Landlord shall return the Security Deposit to the Tenant within
the requirements within the State or sixty (60) days from the end of the Term,
whichever is less.
USE OF PROPERTY. The Property shall be used and occupied solely by Tenant and
Tenant's immediate family, consisting of only the following named person(s):
_____________________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
and to be used exclusively as a private single-family dwelling, and no part of the
Property shall be used at any time during the term of this Lease by Tenant 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. Tenant shall not allow any
other person, other than Tenant's immediate family or transient relatives and friends
who are guests of Tenant, to use or occupy the Property without first obtaining
Landlord's written consent to such use. Tenant shall comply with any and all laws,
ordinances, rules, and orders of any and all governmental authorities affecting the
cleanliness, use, occupancy, and preservation of the Property.
CONDITION. Tenant stipulates, represents, and warrants that Tenant has examined
the Property and that they are at the time of this Lease in good order, repair, and in a
safe, clean, and tenantable condition.
ASSIGNMENT. Under this Lease:
☐Subletting Not Allowed. Tenant shall not assign this Lease or sublet or grant any
license to use the Property or any part thereof without the prior written consent of
the Landlord. A consent by Landlord 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
Landlord or an assignment or subletting by operation of law shall be absolutely null
and void and shall, at Landlord's option, terminate this Lease.
☐Subletting Allowed. Tenant shall have the right to sublet and grant a license to
other individuals to use the Property or any part thereof without the prior written
consent of the Landlord. In the event the Tenant shall sublet the Property, notice
shall be given to the Landlord within ____ days of the SubTenant(s) name and
address. In the event the SubTenant(s) violates any portion of this Lease, all liability
shall be held against the Tenant.
RIGHT OF ENTRY. The Landlord shall have the right to enter the Property during
normal working hours by providing at least ____ hours notice in order for inspection,
make necessary repairs, alterations or improvements, to supply services as agreed or
for any reasonable purpose. The Landlord may exhibit the Property to prospective
purchasers, mortgagees, or lessees upon reasonable notice.
ALTERATIONS AND IMPROVEMENTS. Tenant shall make no alterations to the
building or improvements on the Property or construct any building or make any
other improvements on the Property without the prior written consent of Landlord.
Any and all alterations, changes, and/or improvements built, constructed, or placed
on the Property by Tenant shall, unless otherwise provided by written agreement
between Landlord and Tenant, be and become the property of Landlord and remain
on the property at the expiration or earlier termination of this Lease.
NON-DELIVERY OF POSSESSION. In the event, the Landlord cannot deliver
possession of the Property to Tenant upon the commencement of the Lease term,
through no fault of Landlord, then Landlord shall have no liability, but the rental
herein provided shall abate until possession is given. Landlord shall have ____ days in
which to give possession and, if possession is tendered within such time, Tenant
agrees to accept the demised Property and pay the rental herein provided from that
date. In the event, possession cannot be delivered within such time, through no fault
of Landlord, then this Lease and all rights hereunder shall terminate.
HAZARDOUS MATERIALS. Tenant shall not keep on the Property any item of a
dangerous, flammable or explosive nature that might unreasonably increase the
danger of fire or explosion on the Property or that might be considered hazardous or
extra hazardous by any responsible insurance company.
UTILITIES. The Landlord shall provide the following utilities and services to the
Tenant(s): _____________________________________________________________________. Any
other utilities or services not mentioned will be the responsibility of the Tenant(s).
MAINTENANCE, REPAIR, AND RULES. The tenant will, at its sole expense, keep and
maintain the Property and appurtenances in a good and sanitary condition and
repair during the term of this Lease and any renewal thereof. The Tenant shall:
A. Not obstruct the driveways, sidewalks, entryways, stairs and/or halls, which
shall be used for the purposes of entering and exiting
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 hang any laundry, clothing, sheets, etc. from any window, rail, porch or
balcony
E. Not cause or permit any locks or hooks to be placed upon any door or window
without the prior written consent of Landlord
F. Keep all air conditioning filters clean
G. Keep all bathrooms, sinks, toilets, and all other water and plumbing apparatus
in good order and repair
H. Tenant's and guests shall at all times maintain order in the Property and at all
places on the Property, and shall not make or permit any loud or improper
noises, or otherwise, disturb other residents
I. Deposit all trash in the locations provided
J. Abide by and be bound by any and all rules and regulations affecting the
Property or the common area by the Condominium or Homeowners'
Association having control over them
PETS. Under this Lease:
☐Pets Allowed. The Tenant shall be allowed to have ____ pet(s) on the Property
consisting of ☐ Dogs ☐ Cats ☐ Fish ☐ Other _______________________ not weighing
more than ____ ☐ pounds. The Landlord shall administer a fee of $____________ per
pet on the Property. Landlord shall be held harmless in the event any of the Tenant’s
pets cause harm, injury, death, or sickness to another individual or animal. Tenant is
responsible and liable for any damage or required cleaning to the Property caused
by any authorized or unauthorized animal and for all costs Landlord may incur in
removing or causing any animal to be removed.
☐Pets Not Allowed. There shall be no animals permitted on the Property or in any
common areas UNLESS said pet is legally allowed under the law in regard to
assistance with a disability. Pets shall include, but not be limited to, any mammal,
reptile, bird, fish, rodents, or insects on the Property.
QUIET ENJOYMENT. Upon payment of all sums referred to herein as being payable
by Tenant and Tenant's performance of all Tenant's agreements contained herein
and Tenant's observance of all rules and regulations, Tenant shall and may peacefully
and quietly have, hold, and enjoy said Property for the term hereof.
INDEMNIFICATION. Landlord shall not be liable for any injury to the tenant, tenant’s
family, guests, or employees or to any person entering the Property and shall not be
liable for any damage to the building in which the Property is located or to goods or
equipment, or to the structure or equipment of the structure in which the Property
is located, and Tenant hereby agrees to indemnify, defend, and hold Landlord
harmless from any and all claims or assertions of every kind and nature.
DEFAULT. If Landlord breaches this Lease, Tenant may seek any relief provided by
law. If Tenant fails to comply with any of the material provisions of this Lease, other
than the covenant to pay rent or of any present rules and regulations, or any that
may be hereafter prescribed by Landlord, or materially fails to comply with any
duties imposed on Tenant by statute, Landlord may terminate this Lease ____ days
after delivery of written notice by Landlord specifying the noncompliance and
indicating the intention of Landlord to terminate the Lease by reason thereof. If
Tenant fails to pay rent when due and the default continues for ____ days thereafter,
Landlord may, at Landlord'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 Landlord at law or in equity or may immediately terminate
this Lease.
ABANDONMENT. If at any time during the Term of this Lease Tenant abandons the
Property or any part thereof, Landlord may, at Landlord's option, obtain possession of
the Property in the manner provided by law, and without becoming liable to Tenant
for damages or for any payment of any kind whatsoever. The landlord may, at
Landlord's discretion, as agent for Tenant, relet the Property, 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 Landlord's option, hold Tenant liable
for any difference between the rent that would have been payable under this Lease
during the balance of the unexpired term, if this Lease had continued in force, and
the net rent for such period realized by Landlord by means of such reletting. If the
Landlord's right of reentry is exercised following the abandonment of the Property
by Tenant, then Landlord shall consider any personal property belonging to Tenant
and left on the Property to also have been abandoned, in which case Landlord may
dispose of all such personal property in any manner Landlord shall deem proper and
Landlord is hereby relieved of all liability for doing so.
ATTORNEYS' FEES. Should it become necessary for Landlord to employ an attorney
to enforce any of the conditions or covenants hereof, including the collection of
rentals or gaining possession of the Property, Tenant agrees to pay all expenses so
incurred, including reasonable attorneys' fee.
COMPLIANCE WITH LAW. The Tenant(s) agrees that during the term of the Lease,
to promptly comply with any present and future laws, ordinances, orders, rules,
regulations, and requirements of the Federal, State, County, City, and Municipal
government or any of their departments, bureaus, boards, commissions, and officials
thereof with respect to the Property, or the use or occupancy thereof, whether said
compliance shall be ordered or directed to or against the Tenant(s), the Landlord, or
both.
SEVERABILITY. If any provision of this Lease or the application thereof shall, for any
reason and to any extent, be invalid or unenforceable, the remainder of this Lease or
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.
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.
MODIFICATION. The parties hereby agree that this document contains the entire
agreement between the parties and this Lease shall not be modified, changed,
altered, or amended in any way except through a written amendment signed by all
of the parties hereto.
NOTICE. Any notice required or permitted under this Lease or under state law shall
be delivered to Tenant at the Property address, and to Landlord at the following
address:___________________________________________________________________________.
PARKING. The Landlord:
☐ Shall provide ____ parking space(s) to the Tenant(s) for a fee of $____ to be paid ☐
at the execution of this Lease ☐ on a monthly basis in addition to the rent. The
parking space(s) are described as: ____________________.
☐ Shall not provide parking.
EARLY TERMINATION. The Tenant(s):
☐ Shall have the right to terminate this Lease at any time by providing at least ____
days’ written notice to the Landlord along with an early termination fee of $____.
During the notice period for termination, the Tenant(s) will remain responsible for
the payment of rent.
☐ Shall not have the right to terminate this Lease.
SMOKING POLICY. Smoking on the Property is:
☐ Permitted in the following areas: ____________________.
☐ Prohibited on the Property.
DISPUTES. If a dispute arises during or after the term of this Lease between the
Landlord and Tenant(s), they shall agree to hold negotiations amongst themselves,
in "good faith", before any litigation.
RETALIATION. The Landlord is prohibited from making any type of retaliatory acts
against the Tenant(s) including but not limited to restricting access to the Property,
decreasing or canceling services or utilities, failure to repair appliances or fixtures, or
any other type of activity that could be considered unjustified.
EQUAL HOUSING. If the Tenant(s) possesses any mental or physical impairment, the
Landlord shall provide reasonable modifications to the Property unless the
modifications would be too difficult or expensive for the Landlord to provide. Any
impairment(s) of the Tenant(s) are encouraged to be provided and presented to the
Landlord in writing in order to seek the most appropriate route for providing the
modifications to the Property.
PROPERTY DEEMED UNINHABITABLE. If the Property is deemed uninhabitable due
to damage beyond reasonable repair the Tenant(s) will be able to terminate this
Lease by written notice to the Landlord. If said damage was due to the negligence of
the Tenant(s), the Tenant(s) shall be liable to the Landlord for all repairs and for the
loss of income due to restoring the property back to a livable condition in addition to
any other losses that can be proved by the Landlord.
LEAD-BASED PAINT DISCLOSURE. If the Property was constructed prior to 1978,
Tenant acknowledges receipt of the form entitled “LEAD-BASED PAINT
DISCLOSURE” which contains disclosure of information on lead-based paint and/or
lead-based paint hazards.
ENTIRE AGREEMENT. This Lease and, if any, attached documents are the complete
agreement between the Landlord and Tenant concerning the Property and the total
building facilities. There are no oral agreements, understandings, promises, or
representations between the landlord and tenant affecting this Lease. All prior
negotiations and understandings, if any, between the parties hereto with respect to
the Property and the total building facilities shall be of no force or effect and shall
not be used to interpret this Lease.
IN WITNESS WHEREOF, the Landlord and Tenant have executed this Lease in
multiple originals as of the undersigned date(s).
Landlord’s Signature ____________________________ Date _____________________
Print Name _______________________
Tenant’s Signature ____________________________ Date _____________________
Print Name _______________________
Tenant’s Signature ____________________________ Date _____________________
Print Name _______________________
Tenant’s Signature ____________________________ Date _____________________
Print Name _______________________
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Standard Residential Lease Agreement Template (iPropertyManagement)

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Completed 16 July 2020

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