Lease Agreement Template (Page 9 of 18) in pdf

recarpet, repaint, replaster, or otherwise perform any other work unless specifically noted on the Inventory

Checklist and agreed to by LANDLORD, or unless required by Michigan or local law.

16.

Reasonable Wear and Tear. TENANT agrees that when he/she moves out of the

dwelling unit, he/she will turn the dwelling unit over to LANDLORD in as good condition as when TENANT

moved in, reasonable wear and tear excepted. TENANT will not be responsible for damage resulting from

reasonable wear and tear. TENANT agrees to pay for the cost of any cleanup, repairs, or replacements

needed due to the carelessness, misuse or neglect of the dwelling unit by TENANT or TENANT's family

members or visitors. If TENANT fails to pay LANDLORD for any such costs within thirty (30) days of

notice from LANDLORD, TENANT's failure to pay will be considered material noncompliance with the

Lease and may be grounds for termination and eviction. TENANT understands that Housing Assistance

Payments will not be made for any month in which the unit cannot be lived in due to damage by TENANT,

TENANT's family or visitors, and agrees to pay the Contract Rent during this period rather than the Tenant

Rent specified in Section 2.b. above.

NOTICE TO TENANT: YOU MUST NOTIFY YOUR LANDLORD IN

WRITING WITHIN 4 DAYS AFTER YOU MOVE OF A FORWARDING

ADDRESS WHERE YOU CAN BE REACHED AND WHERE YOU WILL

RECEIVE MAIL; OTHERWISE YOUR LANDLORD SHALL BE RELIEVED

OF SENDING YOU AN ITEMIZED LIST OF DAMAGES AND THE

PENALTIES ADHERENT TO THAT FAILURE.

(This Notice must be in bold-faced type at least 4 points larger than the type used for the body of

the lease. It is shown in 14 point bold type.)

17.

a. Security Deposit. TENANT makes a security deposit of $

, which is equal to

TENANT's monthly Total Tenant Payment or $50, whichever is more, to be held by LANDLORD in an

interest-bearing account and used for the repair of any damage to the dwelling unit caused by TENANT or

TENANT's family or visitors (other than normal wear and tear), or for unpaid Tenant Rent or other

amounts owed under this Lease. LANDLORD MAY NOT REQUIRE A SECURITY DEPOSIT THAT

EXCEEDS THIS AMOUNT. LANDLORD will refund any balance of TENANT's security deposit according

to Michigan law on security deposits, plus accrued interest, if any. If TENANT disagrees with LANDLORD

concerning the amounts deducted and asks to meet with LANDLORD; LANDLORD agrees to meet with

TENANT and informally discuss the disputed charges. TENANT understands that the security deposit

may not be used to pay any part of the Tenant Rent due for the last month.

(Delete this paragraph if the Agreement to Enter Into the HAP Contract for the development was executed

on or before February 29, 1980.)

17.

b. Security Deposit. TENANT makes a security deposit of $

, which is equal to

TENANT's monthly Total Tenant Payment, to be held by LANDLORD in an interest-bearing account and

used for the repair of any damage to the dwelling unit caused by TENANT or TENANT's family or visitors

(other than normal wear and tear), or for unpaid Tenant Rent or other amounts owed under this Lease.

LANDLORD MAY NOT REQUIRE A SECURITY DEPOSIT THAT EXCEEDS THIS AMOUNT.

LANDLORD will refund any balance of TENANT's security deposit according to Michigan law on security

deposits, plus accrued interest, if any. If TENANT disagrees with LANDLORD concerning the amounts

deducted and asks to meet with LANDLORD, LANDLORD agrees to meet with TENANT and informally

discuss the disputed charges. TENANT understands that the security deposit may not be used to pay any

part of the Tenant Rent due for the last month.

(Delete this paragraph if the Agreement to Enter Into the HAP Contract for the development was

executed after February 29, 1980.)

18.

Location of Security Deposit. The security deposit required of you will be deposited in

the following regulated financial institution:

19.

Landlord's Agreements with Tenant. LANDLORD, on behalf of LANDLORD and

Legal 068/Section 8

Rev. 9/94; 12/94; 3/97; 9/99; 1/02; 7/02;

2/03; 6/03; 3/04; 7/08; 6/13;

Page 9 of 18

Lease Agreement Template Page 9

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