REAL ESTATE LEASE
This Lease Agreement (this “Lease”) is made effective as
of
Date by and between
Landlord Name (“Landlord”), and
Tenant Name (“Tenant”).
The parties agree as follows:
PREMISES.
Landlord, in consideration of the lease payments provided in this Lease,
leases to Tenant a property at
Property Address.
LEASE TERM.
The lease term will begin on
Date Start and will terminate on
Date End with the option to negotiate a renewal.
LEASE PAYMENTS.
Tenant shall pay to Landlord monthly payments of
$
Amount per month, payable in advance on the first day of each month, for
total annual lease payments of
$ Amount. Lease payments shall be
made to the Landlord at
1014 Third Avenue New Brighton Pa. 15066.
This payment address may be changed from time to time by Landlord.
SECURITY DEPOSIT.
At the time of the signing of this Lease, Tenant shall pay to Landlord,
in trust, a security deposit of
$ Amount to be held and disbursed
for Tenant damages,
cleaning, and past due rent for the Premises (if any) as
provided by law.
POSSESSION.
Tenant shall be entitled to possession on the first day of the term of
this Lease, and shall yield possession to Landlord on the last day of the term
of this Lease, unless otherwise agreed by both parties with 30 days’ notice in
writing.
USE OF
PREMISES/ABSENCES. Tenant shall
occupy and use the Premises as a residence.
Tenant shall notify Landlord of any anticipated extended absence from the
Premises not later than the first day of the extended absence.
OCCUPANTS.
The premises may not be occupied by more than
#
of person(s), unless the prior written consent of the Landlord is
obtained. Tenant may not sublet the premises or any part of the premises to
another party.
PROPERTY
INSURANCE. Landlord shall be
responsible to maintain appropriate insurance for his Property
Address.
Tenant is required to maintain $100,000.00 of renters insurance for
their respective interests in the Premises located in
Property Address.
MAINTENANCE.
Landlord shall have the responsibility to maintain the Premises in good repair
at all times and perform all repairs necessary to satisfy any implied warranty
of habitation. The Tenant will be
responsible for minor repairs such as light bulb and furnace filter replacement,
and maintenance duties such as lawn care, including mowing and hedge trimming,
snow removal, leaf raking and removal.
TENANT INITIALS
LANDLORD INITIAL
Name
Name
_______________
_______________
Name
_______________
Page 1 of 5
PETS.
The Tenant is not permitted to have any
pets on the Premises.
UTILITIES AND SERVICE:
Tenant shall immediately
connect and place all utilities and services in Tenant’s name before
commencement of the Lease pertaining to Tenant’s individual Leased Premises and
shall be solely responsible for all connection charges and deposits for
activating existing utilities, water, gas, sewage or other services to the
Leased Premises. No additional
lines, outlets or connections shall be made without Landlord’s prior written
consent. In the event of Landlord’s
consent, Tenant shall be solely responsible for all costs, associated with the
additional lines, outlets or connections. Tenant shall promptly pay as they
become due all utilities and services including but not limited to all
electricity, gas, water, sewer, telephone and cable television services, and
others. All late fees or
charges for utilities and services shall become additional rent under the Lease.
Payments made by Tenant to Landlord shall be applied to any late or
delinquent utility or service charges which become additional rent in the order
accumulated. All unpaid charges or
any fees owned by Tenant, including but not limited to notice fees, attorney’s
fees, repair bills, utility bills, service fees etc. shall become additional
rent at the beginning of the month after Tenant is billed.
Tenant’s failure to pay the full amount for any period may result in the
termination of the utility or service by Landlord and may at Landlord’s election
be considered a default under the Lease and subject to eviction proceedings by
Landlord. Landlord’s acceptance of
any late fee or charge shall not act as a waiver of any default of Tenant, nor
as an extension of the date on which payment is due.
Landlord reserves the rights to exercise any other rights and remedies
under the Lease or as provided by law or equity.
Tenant shall be responsible for all charges for service of legal notice,
attorney fees and related costs according to actual costs incurred by Landlord
in seeking payment. ANY UTILITY,
WATER, GAS SEWAGE OR OTHER SERVICE PAYMENTS OR LIENS THAT REMAIN AFTER THE
EXPIRATION DATE OF THE LEASE SHALL BE CHARGED TO THE TENANT AND DEDUCTED FROM
ANY SECURITY DEPOSIT MONIES HELD BY LANDLORD.
TENANT OBLIGATIONS:
Tenant shall not permit any encumbrances, liens or other interests to attach to
the Leased Premises. Tenant shall be
responsible for payment of (1) all general and special assessments, and all
other governmental, municipal and public dues, charges and impositions becoming
due and payable during the Lease Term, or attributable to Tenant’s use of the
Leased Premises during the Lease Term (except real estate taxes), (ii) all other
assessments, costs and expenses incident to Landlord’s ownership, or Tenant’s
use, of the Leased Premises during the Lease Term.
If Tenant fails to pay any of the expenses or obligations of Tenant set
forth in this Lease, Landlord shall have the right to pay such Tenant expenses
or obligations and add the amount paid to Tenant’s next immediate monthly Rent.
Nothing in this Paragraph shall act as a waiver of any other Landlord
right hereunder, at law or in equity.
UTILITIES Budget.
Your monthly budgetary amount for Water, Sewage, and Garbage is
$
Amount for the term of this Lease. This amount is to be paid directly to
the Landlord in addition to the monthly rent. Tenant shall be
additional responsible for The Water, Sewer, and Garbage invoice amounts that
exceed
$ Amount per month this is also paid directly to the Landlord.
TENANT INITIALS
LANDLORD INITIAL
Name
Name
_______________
_______________
Name
_______________
Page 2 of 5
TAXES.
Taxes attributable to the Premises or the use of the Premises shall be
allocated as follows:
REAL ESTATE
TAXES. Landlord shall pay
all real estate taxes and assessments for the Premises.
TERMINATION UPON
HABITABILITY.
Tenant has inspected the Premises and fixtures (or has had the Premises
inspected on behalf of Tenant), and acknowledges that the Premises are in a
reasonable and acceptable condition of habitability for their intended use, and
the agreed lease payments are fair and reasonable.
If the condition changes so that, in Tenant’s opinion, the habitability
and rental value of the Premises are adversely affected, Tenant shall promptly
provide reasonable notice to Landlord.
FIXTURES,
APPLIANCES, AND DRAPERIES. All
fixtures, appliances, window treatments, security systems, phone systems, and
camera systems present at the time the Tenant begins occupancy are the property
of the Landlord, will be maintained by the tenants, and shall remain on the
Premises when the Tenant vacates the Premises.
ALTERATIONS, CHANGES,
AND IMPROVEMENTS.
Tenant(s) shall not tamper with or make alterations or improvements to
the premises, including painting or changing locks, without the written
permission of the Landlord. Any and all alterations, changes, and/or
improvements built, constructed or placed on the Premises by Tenant, unless
otherwise provided by written agreement between Landlord and Tenant, shall
either (at the Landlord’s discretion):
1. Be and become the property of
Landlord
or
2. Be returned to the condition they were in at the start of
the
current lease agreement at the Tenants expense.
DEFAULTS.
Tenant shall be in default of this Lease if Tenant fails to fulfill any
lease obligation or term by which Tenant is bound.
Subject to any governing provisions of law to the contrary, if Tenant
fails to cure any financial obligation within 30 days (or any other obligation
within 30 days) after written notice of such default is provided by Landlord to
Tenant, Landlord may take possession of the Premises without further notice (to
the extent permitted by law), and without prejudicing Landlord’s rights to
damages. In the alternative,
Landlord may elect to cure any default and the cost of such action shall be
added to Tenant’s financial obligations under the Lease.
Tenant shall pay all costs, damages, and expenses (including reasonable
attorney fees and expenses) suffered by Landlord by reason of Tenant’s defaults.
All sums of money or charges required to be paid by Tenant under this
Lease shall be additional rent, whether or not such sums or charges are
designated as “additional rent”. The
rights provided by this paragraph are cumulative in nature and are in addition
to any other rights afforded by law.
TENANT INITIALS
LANDLORD INITIAL
Name
Name
_______________
_______________
Name
_______________
Page 3 of 5
LATE PAYMENTS.
Payments not paid by the 5th shall bear interest at 10% per month until paid.
CUMULATIVE
RIGHTS. The rights of the
parties under this Lease are cumulative, and shall not be construed as exclusive
unless otherwise required by law.
NON-SUFFICIENT
FUNDS. Tenant shall be charged
$35.00 for each check that is returned to Landlord for lack of
sufficient funds.
ACCESS BY
LANDLORD TO PREMISES. Subject to
Tenant’s consent (which shall not be unreasonably withheld), Landlord shall have
the right to enter the Premises to make inspections, provide necessary services,
or show the unit to prospective buyers, mortgagees, tenants or workers.
As provided by law, in the case of an emergency, Landlord may enter the
Premises without Tenant’s consent.
NOTICE.
Notices under this Lease shall not be deemed valid unless given or served
in writing and forwarded by mail, postage prepaid, addressed as follows:
LANDLORD:
Name
Billing
Street
City, State zip
TENANT:
Name
Rental Property
Street
City, State zip
Such addresses may be changed from time to time by
either party by providing notice as set forth above.
GOVERNING LAW.
This lease shall be construed in accordance with the laws of the State of
ENTIRE
AGREEMENT/AMENDMENT. This Lease
Agreement contains the entire agreement of the parties and there are no other
promises or conditions in any other agreement whether oral or written.
This Lease may be modified or amended in writing, if the writing is
signed by the party obligated under the amendment.
SEVERABILITY.
If any portion of this Lease shall be held to be invalid or unenforceable
for any reason, the remaining provisions shall continue to be valid and
enforceable. If a court finds that
any provision of this Lease is invalid or unenforceable, but that by limiting
such provision it would become valid and enforceable, then such provision shall
be deemed to be written, construed, and enforced as so limited.
TENANT INITIALS
LANDLORD INITIAL
Name
Name
_______________
_______________
Name
_______________
LANDLORD:
Page 4 of 5
Name
Date
TENANT:
Name SSN#123-45-6789
Date
Name SSN#123-45-6789
Date
TENANT INITIALS
LANDLORD INITIAL
Name
Name
_______________
_______________
Name
_______________
Page 5 of 5