Fillable Alaska Residential Lease Agreement Template (Page 3 of 6) in pdf

The rental provided for herein shall then be accounted for by and between Landlord and Tenant up to the

time of such injury or destruction of the Premises, Tenant paying rentals up to such date and Landlord

refunding rentals collected beyond such date. Should a portion of the Premises thereby be rendered

uninhabitable, the Landlord shall have the option of either repairing such injured or damaged portion or

terminating this Lease. In the event that Landlord exercises its right to repair such uninhabitable portion,

the rental shall abate in the proportion that the injured parts bears to the whole Premises, and such part so

injured shall be restored by Landlord as speedily as practicable, after which the full rent shall recommence

and the Agreement continue according to its terms.

INSPECTION OF PREMISES. Landlord and Landlord's agents shall have the right at all reasonable times

during the term of this Agreement and any renewal thereof to enter the Premises for the purpose of

inspecting the Premises and all buildings and improvements thereon. And for the purposes of making any

repairs, additions or alterations as may be deemed appropriate by Landlord for the preservation of the

Premises or the building. Landlord and its agents shall further have the right to exhibit the Premises and to

display the usual "for sale", "for rent" or "vacancy" signs on the Premises at any time within fortyfive (45)

days before the expiration of this Lease. The right of entry shall likewise exist for the purpose of removing

placards, signs, fixtures, alterations or additions, that do not conform to this Agreement or to any

restrictions, rules or regulations affecting the Premises.

SUBORDINATION OF LEASE. This Agreement and Tenant's interest hereunder are and shall be

subordinate, junior and inferior to any and all mortgages, liens or encumbrances now or hereafter placed

on the Premises by Landlord, all advances made under any such mortgages, liens or encumbrances

(including, but not limited to, future advances), the interest payable on such mortgages, liens or

encumbrances and any and all renewals, extensions or modifications of such mortgages, liens or

encumbrances.

TENANT'S HOLD OVER. If Tenant remains in possession of the Premises with the consent of Landlord

after the natural expiration of this Agreement, a new tenancy from monthtomonth shall be created

between Landlord and Tenant which shall be subject to all of the terms and conditions hereof except that

rent shall then be due and owing at

______________________________________________________________ DOLLARS

($___________) per month and except that such tenancy shall be terminable upon thirty (30) days written

notice served by either party.

SURRENDER OF PREMISES. Upon the expiration of the term hereof, Tenant shall surrender the

Premises in as good a state and condition as they were at the commencement of this Agreement,

reasonable use and wear and tear thereof and damages by the elements excepted.

ANIMALS. Tenant shall be entitled to keep no more than __________ (____) domestic dogs, cats or

birds; however, at such time as Tenant shall actually keep any such animal on the Premises, Tenant shall

pay to Landlord a pet deposit of

______________________________________________________________ DOLLARS

($_________), ______________________________________________________________

DOLLARS ($_________) of which shall be nonrefundable and shall be used upon the termination or

expiration of this Agreement for the purposes of cleaning the carpets of the building.

QUIET ENJOYMENT. Tenant, upon payment of all of the 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, shall and may peacefully and quietly have, hold and enjoy said Premises for

the term hereof.

INDEMNIFICATION. Landlord shall not be liable for any damage or injury of or to the Tenant, Tenant's

family, guests, invitees, agents or employees or to any person entering the Premises or the building of

which the Premises are a part or to goods or equipment, or in the structure or equipment of the structure of

which the Premises are a part, and Tenant hereby agrees to indemnify, defend and hold Landlord

harmless from any and all claims or assertions of every kind and nature.

DEFAULT. As authorized under AS 34.03.220, if Landlord determines that Tenant is in default of this

Agreement, Landlord shall provide Tenant with the appropriate written notice as specified below, and

Tenant shall have a limited number of days to cure the default unless otherwise excepted. (a) For the

Alaska Residential Lease Agreement Template Page 3

Related Articles

Related forms

Related Categories