Sample Residential Lease Template (Page 4 of 6) in pdf

the interest payable on any such liens or encumbrances, and any and all renewals or extensions

of such liens or encumbrances.

17. Holdover by Lessee. Should Lessee remain in possession of the demised premises with the

consent of Lessor after the natural expiration of this lease, a new month-to-month tenancy shall

be created between Lessor and lessee which shall be subject to all the terms and conditions

hereof but shall be terminated on thirty (30) days’ written notice served by either Lessor or

Lessee on the other party.

18. Surrender of Premises. At the expiration of the lease term, Lessee shall quit and surrender

the premises hereby demised in as good state and condition as they were at the commencement

of this lease, reasonable use and wear thereof and damages by the elements excepted.

19. Default. If any default is made in the payment of rent, or any part thereof, at the times

hereinbefore specified, or if any default is made in performance of or compliance with any other

term or condition hereof, the lease, at the option of Lessor, shall terminate and be forfeited, and

Lessor may re-enter the premises and remove all persons there from.

Lessee shall be given

written notice of any default or breach, and termination and forfeiture of the lease shall not result

if, within 10 days of receipt of such notice, Lessee has correct the default or breach or has taken

action reasonable likely to effect such correction within a reasonable time.

20. Abandonment. If at any time during the term of this lease Lessee abandons the demised

premises or any part thereof, Lessor may, at his option enter the demised premises by any

means without being liable for any prosecution therefore, and without becoming liable to Lessee

for damages or for any payment of any kind whatever, and may, at his discretion, as agent for

Lessee, relet the demised premises, or any part thereof, for the whole or any part of the then

unexpired term, and may receive and collect all rent payable by virtue of such reletting, and at

Lessor’s option hold Lessee liable for any difference between the rent that would have been

payable under this lease during the balance of the unexpired term, if this lease had continued in

force, and the net rent for such period realized by Lessor by means of such reletting. If Lessor’s

right of re-entry is exercised following abandonment of the premises by Lessee, then Lessor may

consider any personal property belonging to Lessee and left on the premises to also have been

abandoned, in which case Lessor may dispose of all such personal property in any manner

Lessor shall deem proper and is hereby relieved of all liability for doing so.

Sample Residential Lease Template Page 4