RESIDENTIAL LEASE OR
MONTH-TO-MONTH RENTAL AGREEMENT
Xxxxxxxx Investments, Inc. ---------------------------------------(Landlord) and
Xxxxxx X. Xxxxxx, Xxxxxx Xxxxxx (H&W) Xxxxxx Xxxxxx (son) / Jenife (daughter)
(Tenant) agree as follows:
1. PROPERTY:3
A. Landlord rents to Tenant and Tenant rents from Landlord, the real
property and improvements described as: 0000 Xxxxx Xxxxx, Xxx Xxxxx, XX 00000
(3Bd/I 1/4thBa/2 car Single Family ("Premises*).
B. The following personal property is included: "Carpets, floor coverings,
range-oven/refrigerator
2. TERM: The term begins on (date)September 1st,2000 ("Commencement Date"),
(Check A or 8):
A. Month-to-month: and continues as a month-to-month tenancy. Either party
may terminate the tenancy by giving written notice to the other at least 30 days
prior to the intended termination date, subject to any applicable local laws.
Such notice may be given on any date.
XX B. Lease: and shall terminate on (date)August 3, 2000 at 12: 0 AM Any
holding over after the term of this Agreement expires, with Landlord's consent,
shall create a month-to-month tenancy which either party may terminate as
specified In paragraph 2A. Rent shall be at a rate equal to the rent for the
Immediately preceding month, unless otherwise notified Landlord, payable In
advance. All other terms and conditions of this Agreement shall remain In full
force and effect.
3. RENT:
A. Tenant agrees to pay rent at the rate of $ 1,150. 00 per month for the
term of the Agreement.
B. Pont Is payable In advance on the I st day of each calendar month, and
Is delinquent on the next day.
C. It Commencement Date falls on any day other than the first day of the
month, rent shall be prorated based on a 30-day period. If Tenant has paid one
full month's rent In advance of Commencement Date, rent for the second calendar
month shall be prorated based on a 30-day period.
D. PAYMENT: The rent Shall be paid to (name, Xxxxxxxx Investments, Inc. at
(address) X.X. Xxx 000000, Xxx Xxxxx, Xxxxxxxxxx 00000 or at any other location
specified by Landlord In writing to Tenant.
4. SECURITY DEPOSIT:
A. Tenant agrees to pay $ 1,15 0.0 0 as a security deposit. Security
deposit will be IN given to the Owner of the Premises;
B. All or any portion of the security deposit may be used, as reasonably
necessary; to: (1) cure Tenant's default in payment of rent, Late Charges, NSF
fees, or other sums due; (2) repair damage, excluding ordinary wear and tear,
caused by Tenant or by a guest or licensee of Tenant; (3) clean Premises, if
necessary, upon termination of tenancy; and (4) replace or return personal
property or appurtenances. SECURITY DEPOSIT SHALL NOT BE USED BY TENANT IN LIEU
OF PAYMENT OF LAST MONTH'S RENT. 11 all or any portion of the security deposit
Is used during tenancy, Tenant agrees to reinstate the total security deposit
within live days after written notice Is delivered to Tenant. Within three weeks
after Tenant vacates the Promises, Landlord shall (1) furnish Tenant an Itemized
statement Indicating the amount of any security deposit received and the basis
for its disposition, and (2) return any remaining portion of security deposit to
Tenant.
C. No Interest will be paid on security deposit, unless required by local
ordinance.
D. 11 security deposit is held by Owner, Tenant agrees not to hold Broker
responsible for its return. If security deposit Is held in Owner's Brokers trust
account, and Brokers authority is terminated before expiration of this
Agreement, and security deposits are released to someone other than Tenant, then
Broker shall notify Tenant, In writing, where and to whom security deposit has
been released. Once Tenant has been provided such notice, Tenant agrees not to
hold Broker responsible for security deposit.
5. MOVE-IN COSTS RECEIVED/DUE:
Category Total Due Payment Received Balance Due Date Due
Rent from 09 /01/00 1,150.00
to 09/30/00 (date)
*Security Deposit 1 .150.00
Other NO Pet- Deposit / No Pets allowed
Other
Total 2,300.00
The maximum amount that Landlord may receive as security deposit, however
designated, not exceed o month's rent for an unfurnished premises, and three
month's rent for a furnished premises.
6. PARKING: (Check A or B)
A. Parking is permitted as follows: Attached 2 car garage (Detached
enterance to property) The right to parking is Included in the rent charged
pursuant to paragraph 3. It not Included In the rent, the parking rental fee
shall be an additional $ per month. Parking space(s) are to be used for parking
operable motor vehicles, except for trailers, boats, campers, buses or trucks
(other than pick-up trucks).Tenant shall park In assigned space(s) only. Parking
space(s)are to be kept clean. Vehicles leaking oil. gas or other motor vehicle
fluids shall not be parked on the Premises. Mechanical work or storage of
Inoperable vehicles is not allowed In parking space(s) or elsewhere on the
Premises.
B. Parking is not permitted on the Premises.
A. Storage is permitted as follows: The right to storage space 0 Is, 0 is
not, Included In the rent charged. pursuant to paragraph 3. If not Included In
rent, storage space shall be an additional $ - per month. Tenant shall store
only personal property that Tenant owns, and shall not store property that is
claimed by another or in which another has any right, title , or Interest.
Tenant shaft not store any improperly packaged food of perishable goods,
flammable materials, explosives, or other Inherently dangerous material.
OR 0 B. Storage Is not permitted on the Promises.
8. LATE CHARGEMSIF CHECKS: Tenant acknowledges that either late payment of
rent or issuance of a non-sufficient funds ("NSF') check may cause Landlord to
incur costs and expenses, the exact amount of which are extremely difficult and
Impractical to determine. These costs may include, but are not limited to,
processing, enforcement and accounting expenses, and late charges Imposed on
Landlord. It any Installment of rent due from Tenant is not received by Landlord
within 5 (or 0 -) calendar days after date due, or It a check Is returned NSF,
Tenant shall pay to Landlord, respectively, an additional sum of $ 00 - as Late
Charge and $25.00 as a NSF fee, either or both of which shall be (learned
additional rent. Landlord and Tenant agree that these charges represent a fair
and reasonable estimate of the costs Landlord may incur by reason of Tenant's
late or NSF payment. Any Late Charge or NSF fee duo shall be paid with the
current Installment of rent. Landlord's acceptance of any Late Charge or NSF fee
shall not constitute a waiver as to any default of Tenant. Landlord's right to
collect a Late Charge or NSF fee shall not be deemed an extension of the date
rent is due under paragraph 3, or prevent Landlord from exercising any other
rights and remedies under this Agreement, and as provided by law.
Tenant and Landlord acknowledge receipt of copy of this page,
which constitutes page 1 of 3 pages
Tenants Initials (___) Landlord Initials (___)
