Standard Lease Agreement Page 4
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135.
TITLE. During the entire term of this Agreement the deed, legal title, and
equitable title to the property shall remain with the Lessor.
6.
M AINTENANCE, W ASTE, LIENS. Lessee agrees as follows:
A. At all times, at Lessee's own expense, to reasonably maintain any buildings and
improvements on the property, or their replacements or substitutions, in good
condition and repair. Repairs and replacements shall be made in a timely manner.
However, Lessee agrees to not do or permit any renovation or remodeling on the
premises without first obtaining written consent from Lessor.
B. Not to allow or permit any waste or strip of the property. Should Lessee replace
(with Lessor's written permission) appliances or other aspects of the property, it is
with the understanding that said replacements shall revert to Lessor should
Lessee vacate the property
C. To maintain the property in a clean, orderly, neat, tenable and attractive
condition.
D. To neither allow nor permit any nuisance, nor allow or permit the premises to
be used for any unlawful purpose.
E. To keep the property free from mechanics and all other liens and hold Lesser
harmless there from and reimburse Lesser in defending against any such liens.
F. To comply with all federal, state, city, and/or other applicable governmental or
association codes, and to comply with covenants, conditions, and restrictions
applicable to the property.
G. Lessee may not keep any pets in the property without written permission from
Lesser.
H. To not use or keep in or about the premises anything that would adversely
affect coverage of the premises under a standard fire or extended insurance policy.
LESSOR’S INITIALS ______ / ______
LESSEE’S INITIALS ______ / ______
I. To maintain a reasonable amount of heat in cold weather to prevent damage to
the premises, and if damage results from Lessee's failure to comply, Lessee shall
be held liable for this damage.
J. To allow Lessor to enter the premises with a 24-hour notice for the purpose of
inspecting the premises to confirm compliance with the above requirements.
PT, Inc. 2003
Page 4 of 10
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