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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. DEFAULTS. Tenant shall be in default of this Rental Agreement if Tenant fails to fulfill any rental agreement 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 5 days (or any other obligation within 10 days) after written notice of such default is provided by Landlord to Tenant, Landlord may elect to cure such default and the cost of such action shall be added to Tenant's financial obligations under this Rental Agreement.
View in google driveHOME RENTAL
AGREEMENT
This Rental
Agreement (this "Rental Agreement") is dated 10/14/2012, by and
between John Smith ("Landlord"), and Jane Johnson
("Tenant"). The parties agree as follows: PREMISES. Landlord, in
consideration of the rent payments provided in this Rental Agreement, leases to
Tenant 2 Bedroom, 1 Bathroom Home (the "Premises") located at 987
Avenue D, Townville, Tennessee 54321. TERM. The rental agreement term will
begin on 10/14/2012 and will terminate on 04/14/2013. RENT PAYMENTS. Tenant
shall pay to Landlord rent payments of $900.00, payable in advance on the first
day of each month, for a total rent payment of $5,400.00. Rent payments shall
be made to Landlord at 123 Main Street, Townville, TN, 54321 which may be
changed from time to time by Landlord. SECURITY DEPOSIT. At the time of the
signing of this Rental Agreement, Tenant shall pay to Landlord, in trust, a
security deposit of $500.00 to be held and disbursed for Tenant damages to the
Premises or other defaults under this Agreement (if any) as provided by law.
The security deposit will be held in account no. 9192939 at: Bank of America,
765 Avenue H, Townville, Tennessee. POSSESSION. Tenant shall be entitled to
possession on the first day of the term of this Rental Agreement, and shall yield
possession to Landlord on the last day of the term of this Rental Agreement,
unless otherwise agreed by both parties in writing. At the expiration of the
term, Tenant shall remove its goods and effects and peaceably yield up the
Premises to Landlord in as good a condition as when delivered to Tenant,
ordinary wear and tear excepted. USE OF PREMISES/ABSENCES. Tenant shall occupy
and use the Premises as a dwelling unit. Tenant shall notify Landlord of any
anticipated extended absence from the Premises not later than the first day of
the extended absence. OCCUPANTS. No more than 4 person(s) may reside on the
Premises unless the prior written consent of the Landlord is obtained. PETS. No
pets shall be allowed on the Premises. PARKING. Tenant shall be entitled to use
2 parking space(s) for the parking of motor vehicle(s). PROPERTY INSURANCE.
Landlord and Tenant shall each be responsible to maintain appropriate insurance
for their respective interests in the Premises and property located on the
Premises. RENEWAL TERMS. This Rental Agreement shall automatically renew for an
additional period of one month per renewal term, unless either party gives
written notice of termination no later than
30 days
prior to the end of the term or renewal term. The rental agreement terms during
any such renewal term shall be the same as those contained in this Rental
Agreement except that the rent installment payments shall be $900.00 per month.
KEYS. Tenant will be given 2 key(s) to the Premises and 0 mailbox key(s). If
all keys are not returned to Landlord following termination of the Rental
Agreement, Tenant shall be charged $50.00. LOCKOUT. If Tenant becomes locked
out of the Premises, Tenant will be charged $50.00 to regain entry.
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 habitability. UTILITIES AND SERVICES. Tenant shall be
responsible for all utilities and services incurred in connection with the Premises.
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. PERSONAL TAXES. Landlord shall pay all
personal taxes and any other charges which may be levied against the Premises,
along with all sales and/or use taxes (if any) that may be due in connection
with rent payments. TERMINATION UPON SALE OF PREMISES. Notwithstanding any
other provision of this Rental Agreement, Landlord may terminate this rental
agreement upon 30 days' written notice to Tenant that the Premises have been
sold. DESTRUCTION OR CONDEMNATION OF PREMISES. If the Premises are partially
destroyed by fire or other casualty to an extent that prevents the conducting
of Tenant's use of the Premises in a normal manner, and if the damage is
reasonably repairable within sixty days after the occurrence of the
destruction, and if the cost of repair is less than $4,000.00, Landlord shall
repair the Premises and a just proportion of the rent payments shall abate
during the period of the repair according to the extent to which the Premises
have been rendered untenantable. However, if the damage is not repairable
within sixty days, or if the cost of repair is $4,000.00 or more, or if
Landlord is prevented from repairing the damage by forces beyond Landlord's
control, or if the property is condemned, this Rental Agreement shall terminate
upon twenty days' written notice of such event or condition by either party and
any unearned rent paid in advance by Tenant shall be apportioned and refunded
to it. Tenant shall give Landlord immediate notice of any damage to the
Premises. 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 rent payments are fairand
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. DEFAULTS. Tenant shall be in default of
this Rental Agreement if Tenant fails to fulfill any rental agreement
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 5 days (or any other obligation within 10 days) after written
notice of such default is provided by Landlord to Tenant, Landlord may elect to
cure such default and the cost of such action shall be added to Tenant's
financial obligations under this Rental Agreement. All sums of money or charges
required to be paid by Tenant under this Rental Agreement 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. LATE PAYMENTS. For any
payment that is not paid within 5 days after its due date, Tenant shall pay a
late fee of $50.00. HOLDOVER. If Tenant maintains possession of the Premises
for any period after the termination of this Rental Agreement ("Holdover
Period"), Tenant shall pay to Landlord rent payment(s) during the Holdover
Period at a rate equal to the normal payment rate set forth in the Renewal
Terms paragraph. CUMULATIVE RIGHTS. The rights of the parties under this Rental
Agreement are cumulative, and shall not be construed as exclusive unless otherwise
required by law. NON-SUFFICIENT FUNDS. Tenant shall be charged $25.00 for each
check that is returned to Landlord for lack of sufficient funds. REMODELING OR
STRUCTURAL IMPROVEMENTS. Tenant shall be allowed to conduct construction or
remodeling (at Tenant's expense) only with the prior written consent of the
Landlord which shall not be unreasonably withheld. At the end of the rental
agreement term, Tenant shall be entitled to remove (or at the request of
Landlord shall remove) any such fixtures, and shall restore the Premises to
substantially the same condition that existed at the commencement of this
Rental Agreement. 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. However, Landlord does
not assume any liability for the care or supervision of the Premises. As
provided by law, in the case of an emergency, Landlord may enter the Premises
without Tenant's consent. During the last three months of this Rental
Agreement, or any extension of this Rental Agreement, Landlord shall be allowed
to display the usual "To Let" signs and show the Premises to
prospective tenants. SUBORDINATION OF LEASE. This Rental Agreement is
subordinate to any mortgage that now exists, or may be given later by Landlord,
with respect to the Premises.
ASSIGNABILITY/SUBLETTING.
Tenant may not assign or sublease any interest in the Premises, nor assign,
mortgage or pledge this Rental Agreement, without the prior written consent of
Landlord, which shall not be unreasonably withheld. NOTICE. Notices under this
Rental Agreement shall not be deemed valid unless given or served in writing
and forwarded by mail, postage prepaid, addressed to the party at the
appropriate address set forth below. Such addresses may be changed from time to
time by either party by providing notice as set forth below. Notices mailed in
accordance with these provisions shall be deemed received on the third day
after posting. LANDLORD: John Smith 123 Main Street Townville, TN 54321 TENANT:
Jane Johnson 456 Central Avenue Lexington, VA 87654 Such addresses may be
changed from time to time by either party by providing notice as set forth
above. GOVERNING LAW. This Rental Agreement shall be construed in accordance
with the laws of the State of Tennessee. ENTIRE AGREEMENT/AMENDMENT. This
Rental Agreement contains the entire agreement of the parties and there are no
other promises, conditions, understandings or other agreements, whether oral or
written, relating to the subject matter of this Rental Agreement. This Rental
Agreement 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
Rental Agreement 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 Rental Agreement 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. WAIVER. The failure of either party to enforce any provisions of this
Rental Agreement shall not be construed as a waiver or limitation of that
party's right to subsequently enforce and compel strict compliance with every
provision of this Rental Agreement.
BINDING
EFFECT. The provisions of this Rental Agreement shall be binding upon and inure
to the benefit of both parties and their respective legal representatives,
successors and assigns. LANDLORD:
____________________________________________________
John Smith TENANT:
____________________________________________________
Jane Johnson
HOME RENTAL
AGREEMENT INSPECTION CHECKLIST
Tenant has
inspected the Premises and states that the Premises are in satisfactory
condition, free of defects, except as noted below:
SATISFACTORY
COMMENTS
Bathrooms_____________________________________
Carpeting_____________________________________
Ceilings_____________________________________
Closets_____________________________________
Dishwasher
_____________________________________
Disposal_____________________________________
Doors_____________________________________
Fireplace_____________________________________
Lights_____________________________________
Locks_____________________________________
Refrigerator
_____________________________________
Screens_____________________________________
Stove_____________________________________
Walls_____________________________________
Windows_____________________________________
Window
coverings _____________________________________
______________
_____________________________________
______________
_____________________________________ _______________________________ Date
Tenant: ____________________________________________________ Jane Johnson
Acknowledged
by Landlord: ____________________________________________________ John Smith
HOME RENTAL
AGREEMENT DISCLOSURE OF INFORMATION ON LEAD-BASED PAINT OR LEAD-BASED PAINT
HAZARDS Lead Warning Statement Housing built before 1978 may contain lead-based
paint. Lead from paint, paint chips and dust can pose health hazards if not
managed properly. Lead exposure is especially harmful to young children and
pregnant women. Before renting pre-1978 housing, landlords must disclose the
presence of known lead-based paint and/or lead-based paint hazards in the
dwelling. Tenants must also receive a federally approved pamphlet on poisoning
prevention. Landlord's Disclosure (a) Presence of lead-based paint and/or
lead-based paint hazards (Check (i) or (ii) below): (i) _____ Known lead-based
paint and/or lead-based paint hazards are present in the housing (explain):
______________________________________________ (ii) __X__ Landlord has no
knowledge of lead-based paint and/or lead-based paint hazards in the housing.
(b) Records and reports available to the landlord (Check (i) or (ii) below):
(i) _____ Landlord has provided the Tenant with all available records and
reports pertaining to lead-based paint and/or lead-based paint hazards in the
housing (list documents): ______________________________________________
(ii)__X__ Landlord has no reports or records pertaining to lead-based paint
and/or lead-based paint hazards in the housing. Tenant's Acknowledgment
(initial) (c) _____ Tenant has received copies of all information listed above.
(d) _____ Tenant has received the pamphlet Protect Your Family From Lead In
Your Home. Certification of Accuracy The following parties have reviewed the
information above and certify, to the best of their knowledge, that the
information they have provided is true and accurate.
____________________ Jane Johnson
___________ Date
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