Residential Lease Agreement With Option To Purchase Page 2
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11repairing damage, if any, to the house, outbuildings, grounds, furnishings, or personal effects of
Landlord resulting from the intentional or negligent acts of the Tenant, or for the cleaning of the
premises, any unusual wear and tear to the premises or common areas, and any rent or other
amounts owed pursuant to the Lease agreement. Tenant may not use said deposit for rent owed
during the term of the Lease. Landlord agrees to return said security deposit to Tenant, or
unused portion thereof, within 21 days of the Tenant’s vacating the leased premises subject to the
terms and conditions set forth herein. If less than the full balance of the security deposit is
returned, Landlord shall furnish Tenant a written statement with such return of deposit monies
indicating any amounts deducted from the security deposit.
If Tenant fails to furnish a
forwarding address to Landlord, then Landlord shall send said statement and any security deposit
refund to the leased premises.
X.
LATE CHARGE/BAD CHECKS: A late charge of X% of the current rent
installment shall be incurred if rent is not paid when due. If rent is not paid when due and
Landlord issues a “Notice to Pay Rent,” Tenant must tender cash or cashier’s check only. If
Tenant tenders a check, which is dishonored by a banking institution, then Tenant shall only
tender cash or cashier’s check for all future payments. This shall continue until such time as
written consent is obtained from Landlord. In addition, Tenant shall pay the sum of xxxx dollars
($Xxx) for each check that is returned to Landlord because the check has been dishonored.
X. USE OF PROPERTY. Tenant shall use the Premises for its primary residence and
shall not use or permit the Premises to be used for any other purpose without the prior written
consent of the Landlord. Tenant shall not cause or permit the Premises to be used in any illegal
or unlawful way nor to any which may constitute waste or a nuisance or which will increase the
insurance premium thereon.
X. UTILITIES. Tenant does hereby agree to pay any and all utilities and/or services
used upon said Premises, including but not limited to heat, water, home owners associations dues
(if any), and electrical power, and to pay the same before delinquency. OPTIONAL- The
following exception to be paid by the Landlord: Xxxxxxxxxxx.
X. OCCUPANTS. OPTIONAL- The Premises shall not be occupied by any person
other than those designated above as Tenant with the exception of the following named persons:
Xxxxxxxxxxxxxxxxxxxxxxxxx.
No part of the Premises shall be used at any time during the
term of this Agreement by Tenant or named occupants at any time during the term of this Lease
for the purpose of carrying on any business, profession, or trade of any kind, or for any purpose
other than as a residential dwelling. Tenant shall not allow any other person, other than transient
relatives and friends who are guests of the Tenant, to use or occupy the Premises without first
obtaining Landlord’s written consent to such use. OPTIONAL- If Landlord, with written
consent, allows for additional persons to occupy the premises, the rent shall be increased by $100
for each such person. Any person staying 14 days cumulative or longer, without the Landlord’s
written consent, shall be considered as occupying the premises in violation of this agreement.
Residential Lease Agreement with Purchase Option- Page 2
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