Sample Lease Agreement
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Residential Lease Agreement
THIS LEASE (the "Lease") dated this 31st day of October, 2006
BETWEEN:
BETWEEN:
|
John Smith Address: 33 Millside Road, Bakersville, CA 12345 Telephone: (333) 555-1111 (the "Landlord") |
| OF THE FIRST PART |
| - AND - |
|
Jill Anderson Address: 11 Creekside Crescent, Springfield, CA 12345 Telephone: (333) 555-2222 (the "Tenant") |
| OF THE SECOND PART |
IN CONSIDERATION OF the Landlord leasing certain premises to the Tenant, the Tenant leasing those premises from the Landlord and the mutual benefits and obligations provided in this Lease, the receipt and sufficiency of which consideration is hereby acknowledged, the parties to this Lease agree as follows:
Leased Premises
- The Landlord agrees to rent to the Tenant the apartment municipally described as Unit 3, Devereaux Building, 5th Street, Bakersville, CA, (the 'Premises') for use as residential premises only. Neither the Premises nor any part of the Premises will be used at any time during the term of this Lease by Tenant for the purpose of carrying on any business, profession, or trade of any kind, or for the purpose other than as a private single-family residence.
- Subject to the provisions of this Lease, apart from the Tenant, no other persons will live in the Premises without the prior written permission of the Landlord.
- No guests of the Tenants may occupy the Premises for longer than one week without the prior written consent of the Landlord.
- No pets or animals are allowed to be kept in or about the Premises without the prior written permission of the Landlord. Upon thirty (30) days notice, the Landlord may revoke any consent previously given pursuant to this clause.
- Subject to the provisions of this Lease, the Tenant is entitled to the use of parking (the 'Parking') on or about the Premises. Only properly insured motor vehicles may be parked in the Tenant's space.
Term - The term of the Lease commences at 12:00 noon on January 31st, 2006 and ends at 12:00 noon on March 31st, 2018 .
- Should the Tenant remain in possession of the Premises with the consent of the Landlord after the natural expiration of this Lease, a new tenancy from month to month will be created between the Landlord and the Tenant which will be subject to all the terms and conditions of this Lease but will be terminable upon the Landlord giving the Tenant the notice required under the Act.
Rent - Subject to the provisions of this Lease, the rent for the Premises is $505.00 per month, which includes a monthly charge of $30.00 for the Parking (collectively the 'Rent'). In addition to the Rent, the Tenant will pay the following taxes to the appropriate government agencies: .
- The Tenant will pay the Rent on or before the first of each and every month of the term of this Lease to the Landlord.
- The Tenant will be charged an additional amount of $5 per day for any Rent that is received after the latter of the due date and the expiration of any grace period under the Act, if any.
Security Deposit - On execution of this Lease, the Tenant will pay the Landlord a security deposit of $400.00 (the 'Security Deposit').
- The Landlord will return the Security Deposit at the end of this tenancy, less such deductions as provided in this Lease but no deduction will be made for damage due to reasonable wear and tear nor for any deduction prohibited by the Act.
- During the Term of this Lease or after its termination, the Landlord may charge the Tenant or make deductions from the Security Deposit for any or all of the following:
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