Monthly Rental Agreement



Monthly Rental Agreement

Location: ____________________________________

This lease is made on the ____________day of _______________20_____

The Landlord hereby agrees to lease to the Tenant, and the Tenant hereby agrees to lease from the Landlord, living space in the above-referenced “Location” pursuant to the terms and conditions specified in this agreement.

LANDLORD: Harrison, Harvey, Hutchison & Madden Investments, LLC

TENANT: ______________________________

1. Leased Premises: The Leased Premises described as the above-reference “Location”.

2. Term: Term of Lease shall be a month-to-month (monthly renewal) tenancy beginning on the ___________ day of __________________20____.

3. Termination: Either Landlord or Tenant may terminate this Lease at any time by giving the other party a 30-day notice.

4. Rent: The rental amount of the Leased Premises is $425.00 per month. The rent payment must be paid on the monthly renewal date. The first month’s rent is to be paid when the Tenant signs this lease. Landlord need not give notice to Tenant regarding Tenant’s obligation to pay rent. All rent received to reserve a bed is non-refundable.

5. Late Fee: If rent is not paid on the monthly renewal date, a $25.00 late fee will be charged.

6. Occupants: The above-referenced “Location” shall be occupied by the Tenant only. Any violation of the provision shall be considered a default under terms hereof.

7. Repairs: Tenant must take care of the above-referenced “Location” and all equipment and fixtures contained therein. Tenant is responsible and liable for all repairs, replacements and damages caused by or required as a result of any acts of negligence of Tenant, invitees or guests.

8. Alterations: Tenant must not alter the plumbing, electrical, ventilation, heating or cable systems. Tenant must not paint, panel, wallpaper, alter flooring or make any other alterations.

9. Maintenance: Tenant shall maintain the premises in a clean and sanitary condition at all times. At the end of the term, Tenant will leave the Leased Premises clean and in good condition. Tenant shall remove all Tenants’ belongings at the end of the term.

10. Utilities: Landlord is responsible for the payment of electric, gas, water, sewage, garbage, basic cable and telephone.

11. Landlord’s Right to Enter: Landlord may, at reasonable times, enter the above-referenced “Location” to inspect, make repairs or alterations, and show it to prospective Tenants.

12. Pets: Tenant may not bring or keep pets in the above-referenced “Location”.

13. Laws, Regulation and Rules: Tenant must, at Tenant’s expense, comply with all laws, regulations, ordinances and requirements of all municipal, state and federal authorities that are effective during the terms of the Lease Agreement, pertaining to the use of the premises. Tenant must not do anything that increases the Landlord’s insurance premium. Tenant has received a copy of the Rules and Regulations and agrees to comply with them, a copy of the Rules and Regulations are attached hereto and made a part hereof.

14. Legal Fees: If Landlord is successful in legal actions or proceeding between Landlord and Tenant relating to the nonpayment of rent or recovery of possessions of the above-referenced “Location”, Landlord may, to the extent legally available, recover reasonable legal fees and costs from Tenant.

15. Binding Obligations and Entire Agreement: This lease agreement is binding on Landlord and Tenant and those that lawfully succeed to their rights or take their place. Tenant and Landlord have both read this lease and rules of the house, containing the entire and only agreements between the parties.

16. Indemnity: Tenant agrees to indemnify and hold Landlord harmless of and from any and all claims, causes of action, damages and judgments arising out of any act or omission of Landlord, including Landlord’s negligence.

17. Additional Terms and Conditions Agreed to by Both Parties:

I have received a copy of the Rules and Regulations, which are a binding part of this rental agreement and agree to the terms and conditions of this lease on the above date.

Tenant ______________________________________________________

Landlord _____________________________________________________

Harrison, Harvey, Hutchison & Madden Investments, LLC

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