Sample Residential Lease Agreement Template Page 15

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stated. One or more waivers by Management shall not be construed as a waiver of
subsequent breach of the same covenant, term or condition.
40.4
Management and Resident stipulate that Resident shall at no time
record or cause to be recorded this Lease or any document referring to this Lease
or to Resident’s rights under this Lease. Resident’s recording of this Lease or any
document referring to this Lease (whether said reference is direct or by implication)
shall constitute breach of this Lease by Resident with damages to Management
equal to the Total Rental.
40.5
The invalidity or unenforceability of any provision of this Lease shall
not affect the validity or enforceability of any other provision of this Lease, which
shall remain in full force and effect.
40.6
Each person executing or attesting this Lease warrants and
represents that he or she is fully authorized to do so. Each person also stipulates
that he or she has been afforded an adequate opportunity to read this Lease and to
consult with an attorney prior to executing the same, and that all signatures are given
knowingly, voluntarily, and with full awareness of the terms contained herein. The
parties also agree that this Lease has been prepared after negotiations and, as a
result, neither party may be considered the sole author thereof, and it should not be
construed in favor or against either party by a court of competent jurisdiction.
40.7
All references to monetary sums are expressed in U.S. Dollars.
40.8
Resident agrees not to place or use on the Property, or allow to be
placed or used on the Property, water beds, kerosene/space heaters, or any other
item that represents obvious risk of fire or other hazard.
40.9
Resident is entitled to a maximum of [MAXIMUM NUMBER OF
VEHICLES ON PROPERTY] vehicles to be parked on or around the Property.
Non-operating vehicles may not be placed on or around the Property. Management
shall have the right to remove unauthorized vehicles at Resident’s expense for
disposal at Management’s discretion and Resident hereby waives and relinquishes
any and all claims against Management for said removal and disposal.
40.10 Resident shall not deposit any non-liquid substance in any sink.
Resident shall not deposit anything other than human waste and toilet tissue in any
commode. If the Property has a septic tank, Resident must regularly use septic tank
treatment chemicals.
40.11 Resident acknowledges receipt of the EPA booklet “Protect Your
Family From Lead In The Home”. Management discloses to Resident that the
improvements on Property were constructed in approximately the year [YEAR
HOME WAS BUILT].

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