LEASE AGREEMENT
THIS LEASE AGREEMENT is made on ________________ date by _____________________________of _____________________________________address, hereinafter called “the Landlord” and ___________________of _____________________________________address hereinafter called “the Tenant”. Landlord and Tenant collectively referred to as the “Parties” or individually as the “Party”) and includes that Party’s successors and assigns.
In consideration of covenants and agreements contained in this Agreement, and other good and valuable consideration, the receipt of which is hereby acknowledged, Parties agree to the following terms and conditions and to be bound thereby:
1. The Landlord being the registered owner of ______________________ located at ____________________, (hereinafter called “the Premises”), agrees to let the said Premises to the Tenants from _____________to __________________date, (hereinafter called “the Term”), and the Tenant agrees to lease from the Landlord according to the terms and conditions set forth herein.
- Rent. The Tenant’s share of the monthly rent shall be $__________________. The rent shall fall due on or before the _________day of the month in respect of which the rent is payable. If Rent is not paid on the due date: (select one)
☐There shall be a penalty of $_____________due as ☐ One (1) Time Payment ☐ Every Day Rent is Late. Rent is considered late when it has not been paid within ________ day(s) after the due date.
☐ – There shall be No Late Fee if Rent is late.
- Security Deposit (select one)
☐-A refundable security deposit of $ ________________ for the faithful performance of the Tenant under the terms and conditions of this Agreement will be paid upon signing this Agreement. It will be refunded within __________days after the end of the Term, less any itemized deductions. This Security Deposit shall not be credited towards any Rent unless the Landlord gives their written consent.
☐ – The Landlord does not require a Security Deposit as part of this Agreement.
- Possession. The Tenant has examined the condition of the Premises and, by taking possession, acknowledges that they have accepted the Premises in good order and in its current condition. Failure of the Landlord to deliver possession of the Premises at the start of the Lease Term to the Tenant shall terminate this Agreement at the option of the Tenant. Furthermore, under such failure to deliver possession by the Landlord, and if the Tenant cancels this Agreement, the Security Deposit (if any) shall be returned to the Tenant along with any other pre-paid rent, fees, including if the Tenant paid a fee during the application process before the execution of this Agreement.
- Access. At the start of the Lease Term, whichever is earlier, the Landlord agrees to give access to the Tenant in the form of keys, fobs, cards, or any keyless security entry as needed to enter the common areas and the Premises. Duplicate copies of the access provided may only be authorized under the consent of the Landlord and, if any replacements are needed, the Landlord may give them for a fee. At the end of this Agreement all access provided to the Tenant shall be returned to the Landlord or a fee will be charged to the Tenant or the fee will be subtracted from the Security Deposit.
- Indemnification. The Landlord shall not be liable for any damage or injury to the Tenant, or any other person, or to any property, occurring on the Premises, or any part thereof, or in common areas thereof, and the Tenant agrees to hold the Landlord harmless from any claims or damages unless caused solely by the Landlord’s negligence.
- Equal Housing. The Landlord shall provide reasonable modifications to the Premises unless the modifications would be too difficult or expensive for the Landlord to provide. Any impairment(s) of the Tenant are encouraged to be provided and presented to the Landlord in writing to seek the most appropriate route for providing the modifications to the Premises.
2. THE TENANT HEREBY AGREES WITH THE LANDLORD as follows, To:-
- Pay the rent hereinbefore reserved at times and in the manner aforesaid;
- Pay for all utility and services in respect of the Premises unless stated otherwise;
- To keep the interior of the Premises, including all doors, windows, floors, walls, roofs, and other interior parts ceilings, electrical, sanitary, and water apparatus fittings clean and in good and tenantable repair and condition;
- To keep such parts of the Premises in a clean and tidy condition;
- To repair or replace with new articles of the same kind and quality any fixtures or fittings (other than Tenants’ fittings) upon the Premises which shall have been damaged or removed or become worn out or unfit for use otherwise than from fair wear and tear and Force Majeure events such as accidents, civil commotion, riots, and acts of God; If the Premises is deemed uninhabitable due to damage beyond reasonable repair, the Tenant will be able to terminate this Agreement by written notice to the Landlord. Suppose said damage was due to the negligence of the Tenant. In that case, the Tenant shall be liable to the Landlord for all repairs and for the loss of income due to restoring the Premises back to a livable condition in addition to any other losses that can be proved by the Landlord.
- Comply with all legislation, regulation, rules, or direction as the same shall affect the Premises and should be complied with by the Tenants under the terms hereof and under or by their occupation on the Premises;
- Not to make or permit any assignment transfer charge underletting or parting with possession, use, or occupation of the Premises or any part thereof or permit any person to occupy the same as a licensee without the prior written consent of the Landlord The consent by the Landlord to one subtenant, assignee, etc. shall not be deemed to be consent to any subsequent subtenant, assignee, etc.;
- That the Premises or any part thereof shall not be used for any purpose other than as a dwelling house;
- That no alteration or addition shall be made to the Premises without the previous consent in writing of the Landlord PROVIDED that the Landlord may on giving such consent require the Tenants to enter into such covenants as the Landlord may require concerning the execution of any alteration or addition to the Premises and reinstatement of the same;
- At the expiration or sooner determination of the said Term hereby created peaceably and quietly to yield up the Premises in good and tenable state of the repair, order, and condition as was at the commencement of the Term hereby created (reasonable wear and tear is accepted);
- To permit the Landlord or any persons authorized by him after giving reasonable notice of at least twenty-four (24) hours’ notice to enter upon the Premises at normal working hours, in order for inspection, make necessary repairs, alterations, or improvements, to supply services as agreed or for any reasonable purpose. The Landlord may exhibit the Premises to prospective purchasers, mortgagees, or lessees upon reasonable notice. The Landlord shall give notice in writing to the Tenants of all want of reparation for which Tenants is liable AND within Fourteen (14) days next after every such notice (or immediately in case of need) the Tenants shall make good all such wants of reparation, and in default, thereof shall permit the Landlord to execute the necessary work and the cost of which shall be paid to the Landlord by the Tenants on demand; and
- To obtain and maintain a Renter’s insurance policy and name the Landlord as an interested party or additional insured and provide proof or insurance upon request.
- General provisions
This Agreement may be amended only by the written consent of the Parties hereto. If any provision is held to be invalid or unenforceable, it shall not affect the validity or enforceability of any other provision. This Agreement constitutes the entire Agreement between the Parties. It supersedes all prior oral or written agreements or understandings between the Parties concerning the subject matter of this Agreement. The parties will exercise utmost good faith in this Agreement. Except where otherwise provided, failure by the Landlord to enforce any of these terms or conditions shall not be a waiver of their right to enforce them.
No waiver by the Landlord of any breach of, or of compliance with, any condition or provision of this Agreement by the Tenant shall be considered a waiver of any other condition or provision or of the same condition or provision at another time. This Agreement may be executed in any number of counterparts, each of which shall be an original and all of which constitute the same instrument. The Article and Section headings in this Agreement are for convenience, and they form in no part of this Agreement and shall not affect its interpretation. Whenever used herein, the singular number shall include the plural, and the plural number shall include the singular. Any references herein to the masculine gender or the masculine form of any noun, adjective, or possessive shall be construed to include the feminine or neuter gender and form, and vice versa. This Agreement shall be governed in all respects by the laws of the Sate of Florida and its Courts without regard to its conflict of law provisions.
IN WITNESS whereof this Lease Agreement has been duly executed day and year first herein before written.
SIGNED by the Landlord —————————————— Date ______________________
in the presence of:- )
WITNESS ) _____________________________ Date ______________________
SIGNED by the Tenants )
in the presence of:- ) _____________________ Date _______________________
WITNESS ) ___________________________ Date ______________________
NB. PLEASE FIND ATTACHED THE FOLLOWING DOCUMENTS FOR YOUR EXECUTION;
At Legal writing experts, we would be happy to assist in preparing any legal document you need. We are international lawyers and attorneys with significant experience in legal drafting, Commercial-Corporate practice and consulting. In the last few years, we have successfully undertaken similar assignments for clients from different jurisdictions. If given this opportunity, The LegalPen will be able to prepare the legal document within the shortest time possible. You can send us your quick enquiry ( here )
