Residential Lease/rental Agreement printable pdf download

Residential Lease/rental Agreement

Residential Lease/Rental Agreement

This agreement made this ______ day of __________________20_____ is

between__________________________________________________ called Management and

_______________________________________________________ hereinafter called Resident.

Management leases to Resident, and Resident rents from Management, residential unit located

at___________________________________________________________ hereinafter called

premises, under the following condition.

Terms

1. The initial term of this lease shell be _____________ beginning ___________________

20 _______ and ending Noon _______________________ 20 _________ .

2. And continue from month to month thereafter unless either party shall notify the other,

in writing by mail, that said party elects to have the lease terminated at the end of the

then current term. Written notice must be given at least thirty (30) days prior to the end

of the then current term.

3. Residents who have completed their said one year contract and who are presently on a

month to month basis, must give a written thirty (30) day notice no later than the first

day of the month prior to vacating. The said Resident will be responsible for the entire

month rent.

4. Owner’s notice to Resident may advise Resident of a change in the rental or any other

term of this lease.

Possession

1. If there is a delay in delivery of possession by Management, rent shall be abated on a

daily basis until possession is granted. If possession is not granted within seven (7) days

after the beginning day of the initial term, then Resident may void this agreement and

have full refund of any deposit. Management shall not be liable for damages for delay in

possession.

Rent

1. Rent is payable monthly, in advance, at a rate of ________________________________

dollars ( $________) per month, during the term of this agreement on the first day of

Initials_______________________

Residential Lease/rental Agreement