Standard Commercial Lease Agreement Template

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STANDARD LEASE
STREET ADDRESS
APT #
CITY, STATE, ZIP CODE
“Water/Trash”
Utilities Provided by Owner
1
PHA Rental Portion
6
Late Charge if rent is paid after the 3rd
$50
11
(Section-8 only . See Item “A”
Move-in Date
Parking Space 1
/id#
7
12
Below )
Resident Base Rent
Non-refundable Credit Check Fee
Parking Space 2
/id#
2
8
13
Refrig./ Stove Rent
Security Deposit
Total Adults/Children
/
3
9
MINIMUM
Parking Rent
10
4
Total Move-In (5+8+9)
LEASE PERIOD
ONE YEAR
TOTAL RENT
5
Check box if
has been
payment arrangement
(1 +2+3+4)
set up on page 2 for Total Move-in amount
14. Name of each Resident who will live in unit (Maiden Name also)
Birth Date
Age
Soc-Sec-#
Drivers License
#
OWNER AND RESIDENT(S) AGREE THAT: Each of the terms of this Agreement and of the OWNER’S Rules and Regulations, if any, which are
Incorporated by reference herein, constitutes a condition on RESIDENT’S right to possession of the Premises. Any failure by RESIDENT to comply with
one or more of such terms shall constitute a default hereunder and OWNER may terminate RESIDENT’S right to possession of the Premises and/or
forfeit this Agreement, in any manner provided by law.
A.
The portion of the Total Rent payable by the Resident (listed as Resident Base Rent) shall be an amount determined by the PHA in accordance with HUD regulations and
requirements. The amount of the resident rent is subject to change as determined by the PHA during the term of the lease. Any change in the amount of the Residents rent will
be stated in a written notice by the PHA to the Resident and the Owner, indicating the new amount and the effective date of the change. Initially and until such change the
Resident agrees to pay the amount listed above labeled Resident Portion.
**************************************************************************************************************************************************************************
RESIDENT AGREES:
1. To pay $ _____________ on _________________ to prorate your rent to the first day of the month. Rent shall be due and payable in advance on
the 1st day of each and every month.
2.
No parking space nor garage, Stove, or Refrigerator is provided with this lease agreement.
Separate lease agreements must be signed for the
rental or lease of Parking Space, Stove or Refrigerator. Even though the total monthly rent may include additional charges for these items they are
separate from your rental unit and my be removed or taken away in accordance with the separate lease agreement should rent on your apartment
unit become delinquent. The lease of a Parking Space, Stove or Refrigerator is a privilege that does not ride with the rental of this apartment unit.
3. To not allow any persons to occupy the unit, other than the RESIDENTS designated above, without the written consent of the OWNER and RESIDENT
agrees to pay an additional $100 per month for each additional person that visits in the unit for more than one week.
4. To not use water filled furniture or play musical instruments on the Premises. Water filled furniture will only be accepted upon proof of $100,000.00
water bed insurance. No animals, pets, or birds are allowed in unit at anytime unless separate Pet agreement has been signed by Owner and
Resident.
5. To be responsible and reimburse OWNER for breakage, loss, and/or damage to OWNER’S property under RESIDENT’S care. This includes broken
windows and lost or torn screens.
______6. That lease period is for one year. Resident must provide a minimum of 60 days advance written notice in the event resident wishes to vacate
premises at the end of lease term. In the event no written notice has been received this lease shall automatically renew on anniversary date for an
additional year period. After initial year period all notices to vacate by Resident or change in terms of rental agreement by Owner shall require a 60 day
advance written notice delivered in person or by mail. Resident agrees to use “notice to vacate form” provided by resident manager.
______7. THAT GARBAGE DISPOSAL, DRAINS, AND TOILETS ARE IN GOOD WORKING CONDITION A THE TIME OF OCCUPANCY, UNLESS reported to
resident manager within one week after move-in. Thereafter, RESIDENT agrees to pay the cost of clearing any stoppage. This amount shall be billed
as additional rent hereunder.
______8. THAT ALL APPLIANCES ARE IN GOOD WORKING ORDER AT THE TIME OF OCCUPANCY, UNLESS reported to resident manager within one
week after move-in. Thereafter, RESIDENT agrees to pay one-half the cost of the first repair required of each appliance and 100% of the cost of any
further repairs required. This amount shall be billed as additional rent hereunder.
______9. That all repairs caused by RESIDENT and repaired by OWNER’S maintenance personnel shall be billed to RESIDENT at the rate of $25.00 per hour
plus cost of materials. Minimum service charge is $25.00. This amount shall be billed as additional rent hereunder.
______10. THAT SECURITY DEPOSIT IS NOT LAST MONTH’S RENT. The deposit is held to secure the full and faithful performance of each and every term,
provision, covenant, and condition of this Agreement, including but not limited to the payment of rent, to repair damages to the Premises caused by the
RESIDENT or to clean such Premises upon termination of this tenancy. OWNER may use, apply or retain the whole or any part of this deposit for
payment of any or all of the above mentioned specific purposes. Items that should be thoroughly cleaned prior to vacating are all floors, carpets,
bathrooms, kitchen, cupboards, stove, oven, windows, garage stall, and drapes. the unit is freshly painted. Life expectancy for a new painting job is
five (5) years. If the unit needs to be repainted after vacating, RESIDENT will be charged a prorated portion of cost based on a five (5) year life.
______11. To keep the Premises in a clean and sanitary condition; dispose of all rubbish, garbage, and waste in a clean any sanitary manner; to properly use
and operate all electrical, gas, and plumbing fixtures and keep the same in a clean condition; to not permit any person, on or about the Premises with
RESIDENT’S permission, to deface, damage or remove any part of the structure of the Premises or the facilities, equipment or appurtenances thereto,
nor himself do any such thing; to occupy and use the Premises in the manner in which it was designated and intended to be occupied and used.
RESIDENT shall be liable for the expense of any repair caused by RESIDENT’S failure to comply with these conditions. RESIDENT shall not alter or
add any lock or locking device, nor alter the Premises or paint or wallpaper any portion thereof,. RESIDENT shall not install or use any dishwasher,
clothes washer or clothes dryer, in or about the Premises, except those provided by the OWNER.
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