Residential Lease/rental Agreement Form Page 10

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All notices and eviction procedures will be documented, delivered and executed in accordance with Virginia Residential Landlord and Tenant Act.
2.
LANDLORD REMEDIES. If Tenant shall be in default of this Lease, Landlord may elect, in its sole discretion, to terminate this Lease and recover from
Tenant all damages incurred by Landlord as a result of the default, including the cost of recovering possession of the Premises, rental commissions, advertising
expenses and other associated costs. Tenant shall remain obligated to pay to Landlord all Rent, and other amounts due and owing, through the end of the Term.
3.
CUMULATIVE REMEDIES. All remedies specified in this Lease are cumulative.
4.
FAILURE TO VACATE. If Tenant fails to vacate the Premises on or before the Termination Date of this Lease, Tenant shall be liable for all resulting
losses suffered by Landlord including but not limited to, future resident losses, lost Rent, legal costs and other expenses.
5.
ATTORNEY FEES. In legal actions brought by either party to enforce the terms of this Lease or relating to the Premises, including actions for failure to
comply with the terms of this Lease, the prevailing party will be entitled to all costs incurred in connection with that action, including reasonable attorneys’ fees as
allowed under the Virginia Residential Landlord and Tenant Act.
F.
AGREEMENT INTERPRETATION:
1.
AMENDMENT. This Lease may not be amended, modified or altered, except by written agreement, signed by Tenant and Landlord.
2.
CONSTRUCTION. The singular form will include plural, and visa versa. This Lease will not be construed as if it had been prepared by one of the parties,
but rather as if both parties have prepared it.
3.
INTEGRATION. This Lease and the documents referenced in it constitute and contain the entire agreement between the parties and supersede and replace
all prior and contemporaneous negotiations, agreements, promises and representations whether written or oral.
4.
SEVERABILITY. If any provision of this Lease or the application thereof to any person or circumstances shall to any extent be invalid or unenforceable,
the remainder of this Lease, or the application of such provision to persons or circumstances other than those as to which it is invalid or unenforceable, shall not be
affected thereby, and each provision of this Lease shall be valid and be enforced to the fullest extent permitted by law.
5.
SUCCESSORS AND ASSIGNS. This Lease is binding upon and inures to the benefit of the heirs, assigns, successors, executors, and administrators of
Tenant and Landlord.
6.
TIME IS OF THE ESSENCE. Time is of the essence as to each obligation to be performed under this Lease.
7.
VERBAL REPRESENTATIONS. Tenant agrees that Landlord has not made any oral promises, representations, or agreements not contained within this
written Lease.
8.
GOVERNING LAW. This Lease is made under and shall be governed by, construed and enforced in accordance with the laws of the Commonwealth of
Virginia.
9.
NO WAIVER. No failure by Landlord to insist upon the strict performance of any term, covenant, agreement, provision, condition or limitation of this
Lease to be kept, observed or performed by Tenant, and no failure by Landlord to exercise any right or remedy available upon a breach of any such term, covenant,
agreement, provision, condition or limitation of this Lease, shall constitute a waiver of any such breach or of any such term, covenant, agreement, provision,
condition or limitation. Furthermore, Landlord’s acceptance of a partial payment of any amounts due shall not be deemed a waiver of Landlord’s right to receive, or
pursue payment of, the full amount due.
[Remainder of Page Intentionally Left Blank]
Agent’s Initials ______
Tenant’s Initials ______ ______
Page 10 of 12

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