Lease Agreement With Notice Template Page 2

ADVERTISEMENT

Landlord shall assign Tenant to a room in the Fraternity House at the beginning of the term of this lease;
Landlord shall have the right to move Tenant to similar accommodations within the Fraternity House.
3. Rent. Tenant agrees to pay the Landlord at its office in the Fraternity House rent (which
includes board and parlor fee, if applicable) in the amount of $_______________, without demand or
setoff, in installments as follows:
$_______________ on ________________, 20__
$_______________ on ________________, 20__
$_______________ on ________________, 20__
Time of rent payment is of the essence and Tenant shall pay a late charge of $____________ if any
installment is paid after the due date and $____________ if any installment is paid on or after the eleventh
day following the due date. Interest shall accrue at the annual rate of 12% on delinquent sums.
4. Right of Entry. Landlord and/or its agents shall have the right to enter the room by
passkey or otherwise at all reasonable and necessary times without notice to inspect the room as well as
any personal property for any reasonable purpose. It is further agreed that any locking devices or
impediments to such a search shall be readily opened by the Tenant.
5. Default. In the event the Tenant is in default under this lease, Landlord shall have the right
to terminate this lease and Tenant shall peacefully surrender the premises to the Landlord. The Landlord
may, without formal demand or further notice of any kind, reenter the premises and repossess it therefrom
without being liable for any damages therefor. No such termination of this lease by Landlord shall relieve
Tenant of Tenant’s liability and obligations under this lease and such liability and obligation shall survive
any such termination. Even in default the Tenant shall remain liable to Landlord for the rent stated in
paragraph three (3). Default on the part of Tenant shall include, but is not limited to, the following:
A. Delinquency in the due and punctual payment of any rent or other payment required
hereunder for more than five (5) days after the date such payment is due;
B. Maintaining a nuisance within the premises;
C. Disorderly or illegal behavior on the part of Tenant or Tenant’s guests;
D. Keeping any handguns, firearms or weapons of any type, or any explosive, inflammable,
or any extra hazardous substances, or any article or thing of a dangerous nature on the premises.
E. Inability or refusal on the part of Tenant to adjust to the concept and requirements of living
in a student residence environment;
F. Violation of any of the local, state, or federal laws or rules and regulations made by
Landlord and/or the university; and
2

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Business
Go
Page of 5