Residential Lease/rental Agreement (Page 3 of 9) in pdf

Residential Lease/rental Agreement Page 3

d) Returning residence in clean, ready to rent condition.

Sublet

1. Resident may not sublet residence or assign this lease without consent of Management.

Credit Application

1. Management having received and reviewed a credit application filled out by Resident

and Management having relied upon the representations and statements made therein

as being true and correct, has agreed to enter into this rental agreement with Resident.

Resident and Management agree the credit application the Resident filled out when

making application to rent said residence is hereby incorporated by reference and

made a part of this rental agreement. Resident further agrees any statement on said

application which is false, will give Management the right to terminate rental

agreement immediately and further agrees in the event Management exercises its

option to terminate rental agreement, Resident will remove himself, his/her family and

possessions from the premises within 24 hours of notification by Management of the

termination of this lease. Resident further agrees to indemnify Management for any

damages to property of Management including, but not limited to, the cost of making

residence suitable for renting to another Resident and waives any right of “sell-off” for

the security deposit and prepaid rent which was forfeited as liquidated damages.

Damage to Premises

1. If the Premises, or any part of the Premises, becomes uninhabitable by reason of fire,

explosion or by other casualty, Management may, as its option, terminate rental

agreement or repair damages within 30 days. If Management does not do repairs

within this time or if building is fully destroyed, the rental agreement hereby created is

terminated. If Management elects to repair damages, rent shell be abated and prorated

from the date of the fire, explosion or other casualty to the date of re-occupancy,

providing during repairs Resident has vacated and removed Resident’s possessions as

required by Management. The date of re-occupancy shall be the date of notice that

residence is ready for occupancy.

Right of Access

1. During the term of this Lease and any renewal of this Lease, The Landlord and its agents

may enter the Premises to make inspections or repairs, or to show the Premises to

Initials __________________________

Residential Lease/rental Agreement Page 3