Sample Residential Lease Agreement Template Page 4
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18Surrender to a date not less than SIXTY (60) days after Management’s receipt of
Resident’s rejection.
5. RENTAL ADJUSTMENT
The Base Rental shall increase to $[NEW RENTAL RATE] beginning on
[DATE NEW RENTAL RATE TAKES EFFECT].
6. ADDITIONAL RENTAL
In addition to the Base Rental required to be paid pursuant to the terms of
this Lease, Resident agrees to pay, as additional rental, all sums and other charges
required to be paid by Resident pursuant to other provisions and exhibits to this
Lease, whether or not the same be designated “Additional Rental”, and
Management shall have the same remedies for Resident’s failure to pay same when
and as required, as if it constituted Base Rental.
7. SMOKE DETECTORS
The parties hereto confirm and verify the working order of all smoke
detectors on the Property. Resident hereby accepts full responsibility for the weekly
testing of the smoke detectors and the replacement of the batteries in said smoke
detectors at least once each month. The Resident has agreed to accept these
responsibilities in exchange for a reduction in the monthly rental, with said reduction
being fully represented in the sum $[AMOUNT OF MONTHLY RENTAL] as
indicated in Section 4.1. In the event that any smoke detector fails to perform
correctly when tested, Resident shall immediately notify Management in writing and
verbally.
8. UTILITIES; ELECTRICAL AND OTHER CHARGES
8.1
Resident shall be solely responsible for all installation charges,
service charges and all other charges for gas, electricity, telephone, water and
sewer services, cable/satellite TV, telephone and other utilities and services
rendered, supplied to, or imposed upon the Property regardless of who is the
supplier. Resident shall indemnify Management and save it harmless against any
liability or charge on account thereof. If Resident does not pay said charges when
due, Management may pay same and such payment shall be added as Additional
Rental hereunder. Resident’s failure to pay said charges when due shall constitute
breach of this Lease by Resident.
8.2
Resident agrees to immediately establish telephone service at the
Property and shall immediately provide to Management the telephone number
provided by said service. In the event that said telephone number is changed for
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Business