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									                                 DRAFT RENTAL LEASE AGREEMENT

                                         Goldstream Cabins
                                 DRAFT RENTAL LEASE AGREEMENT

THIS AGREEMENT made this ___ day of ____________, by and between Doug Schneider, Goldstream
Cabins, herein called "Landlord," and ___________________________________________, herein called
"Tenant." Landlord hereby agrees to rent to Tenant the real property located in the City of Fairbanks,
State of Alaska, described as follows: _____________________________________________________,
Commencing on _______________ and monthly thereafter. Landlord rents the above described premises to
Tenant on the following terms and conditions:

1. Rent

Tenant agrees to pay Landlord as base rent the sum of $ per month, due and payable monthly in advance
on the first day of each month through such time as the Tenant provides for vacating the property.

2. Payment of Rent

Monthly rent payments may be paid by check, cash or money order. A fee of $25 will be charged for
dishonored, bad, or returned checks. Late payment of rent may be subject to a $25 late fee.

Rent shall be made payable to Doug Schneider and deposited in the supplied drop box on the side of
the cabin. All tenants will contribute equally in the payment of rent and only one single payment will be
accepted. If any tenant withdraws from the lease, for any reason, the remaining tenants will be responsible
for making up the difference in rent.

Prorated daily payments in the amount of $22 per day will be assessed to tenants moving in prior to the
monthly rental due date.

3. Payment of Utilities

Utilities, including but not limited to heating oil, electricity, water, phone, Internet, cable, and Wi-Fi, will be
arranged for and paid for directly by Tenant. Tenant will put electricity bill in his/her name by contacting
Golden Valley Electric Association (GVEA) at 907-452-1151. New members of GVEA will need to stop by
the GVEA new accounts office located on Illinois Ave. to process their membership application.

Heating oil reimbursement: The Landlord will measure the amount of heating oil remaining in the tank on
the day the Tenant departs the premises and the rent agreement expires, whichever comes later. Costs for oil
remaining in the tank will be reimbursed to the departing Tenant, provided a receipt or other documentation
for the expense is shown to the landlord. The new tenant will be responsible for reimbursing the Landlord
for oil remaining in tank on the first day of their occupancy, and will provide the new tenant with the actual
costs of the heating oil. No markup or profit will be assessed for heating oil by the Landlord or Tenant.

Unless otherwise stated in this agreement, snow removal is the responsibility of the Tenant.

Landlord is responsible for pumping and payment of septic tank cleaning.

4. Security Deposit

A $300 as a Security Deposit is required prior to moving in. This Security Deposit guarantees the return
of the property to the Landlord in the same or better condition as when accepted by the Tenant, reasonable
wear excepted. Satisfactory compliance with this section includes removing all trash and belongings of the
Tenant, and cleaning the cabin the same condition as when the Tenant moved in. If any provision of this
Rental Lease Agreement is violated, the Security Deposit may be forfeited. The Security Deposit is to
indemnify the Landlord against damage and/or loss of value as a result of the Tenant's action, mistake, or

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                                DRAFT RENTAL LEASE AGREEMENT

inaction during the term of occupancy. The Security Deposit may not be applied by the Tenant for payment
of any rent due the Landlord. Should the Tenant be responsible for damage and/or loss of value to the
premises greater than the value of the Security Deposit, the Tenant hereby agrees to reimburse the Landlord
for such loss immediately upon the presentation of a bill for said damage and/or loss. The Landlord shall
return the balance of said Security Deposit, if any, to the Tenant at the Tenant's forwarding address, upon
vacating, return of keys to the Landlord and termination of this contract according to other terms herein
agreed. The deposit will be returned within thirty (30) days after the Tenant vacates the premises, along
with an itemized statement as to the deductions, if any, from said Security Deposit.

5. Appliances

The premises is rented with the following appliances: Refrigerator, stove/range, microwave-range hood
combo, water supply system (pump, pressure tank, water heater, water tank, vehicle water tank, and
associated fittings, valves and lines).

6. List of Tenants, Sublet Policy

The Tenant agrees to use the premises only as a residence for self, and persons identified below.

____________________________, __________________________

Tenant will not allow any additional persons to occupy premise without written permission from the
Landlord. Tenant agrees to assume all responsibility for actions taken by any person entering the property.
Landlord will hold Tenant solely responsible for all damages to property or for violations against this rental
agreement. Rental properties covered under this agreement may not be sublet without prior written
permission from the Landlord.

7. Pets

Pets or other domesticated animals may not be brought onto the premises at any time without prior written
permission from the Landlord. If a pet or other domesticated animals has been in the premises at any time
during the Tenant's occupancy (with or without the Landlord's consent), a reasonable charge may be made
for de-fleaing, deodorizing, and/or shampooing, and/or damages caused by the pet.

8. Tenant Legal Obligations

Tenant hereby acknowledges that they have a legal obligation to pay their rent on time each and every
month regardless of any other debts or responsibilities they may have. They agree that they will be fully
liable for any back rent owed. They also acknowledge that defaulting on this Rental Agreement could result
in a judgment being filed against them and a lien being filed against their current and future assets and/or

9. Attorney Costs

If court action is sought by either party to enforce the provisions of the Rental agreement, attorney's fees
and costs may be awarded to the prevailing party in the court action.

10. Repair Policy

Light switches, receptacles, doors, windows, faucets, drains, locks, sinks, oil and backup electric heater,
microwave, refrigerator, range and other furnished appliances, smoke detectors, will either be in working
order or will be promptly repaired by the Landlord. Tenant is expected to report any necessary repairs, no
matter how slight. Tenant is advised that the Landlord does not normally repair or replace nonfunctional
items such as paint, carpets, etc., each time a property changes tenants.

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                                DRAFT RENTAL LEASE AGREEMENT

The Tenant shall practice customary due-diligence in the care of the premises. All repairs will be performed
by or at the direction of the Landlord in a timely fashion. The Landlord will arrange for and pay for repairs
resulting from normal usage. The Landlord will arrange for repairs resulting from misuse, abuse, negligence
or malice, but the Tenant is responsible for payment for such repairs.

Freeze-ups: Costs of damages resulting from freeze-ups resulting from the Tenant’s failure to maintain
adequate heating oil in the tank, failure to pay utilities, or other act by the Tenant will be the sole
responsibility of the Tenant, and could result in immediate eviction.

Everyday items such as light bulbs and trash bags, etc are the responsibility of the Tenant.

11. Occupancy Rules and Expectations

          1. This is a NO SMOKING property. Tenant agrees that neither he/she, friends, relatives, or
visitors will smoke inside or outside the dwelling.
          2. Tenant shall make no alterations, decorations, additions or improvements in or to the premises
without the Landlord's prior written consent. Alterations, additions, or improvements upon the premises
shall become the property of Landlord and shall remain upon, and be surrendered with said premises, as a
part thereof, at the end of the rental term. Hanging photos, pictures, etc are not considered major
          3. Tenant will keep their premises clean and safe for themselves and others.
          4. Tenant agrees to properly dispose of rubbish, garbage, and other debris and waste in a clean and
safe manner.
          5. Tenant agrees to keep all plumbing fixtures in a dwelling unit or used by the tenant clean.
          6. Tenant agrees to exercise reasonable care and use of all electrical, plumbing, sanitary, heating,
ventilating, air-conditioning, and other facilities and appliances supplied to the premises.
          7. Tenant agrees to not deliberately or negligently destroy, deface, damage, impair, or remove any
part of the premises or knowingly permit any person to do so.
          8. Tenant agrees to conduct himself/herself, and require other persons on the premises with his
consent, to conduct themselves in a manner that will not disturb the neighbor's peaceful enjoyment of the
          9. Tenant agrees not to urinate from or onto the deck or stairs, and to inform other tenants and
visitors of this rule.
          10. Tenant agrees not to have outdoor open fires, fire pits, or bonfire. Gas or charcoal fired
barbeques are permitted.
          11. Tenant agrees to carefully monitor heating oil useage and to maintain edequate level or heating
oil so as to keep the premises from sustaining freeze-damage. Costs to repair freeze damage resulting from
inadequate heating oil is the responsibility of the Tenant.
          12. Tenant agrees to obey the laws of the United States and the State of Alaska.

By signing this agreement, the Tenant warrants that he/she will meet above conditions in every respect, and
acknowledges that failure to perform the obligations herein stipulated will be considered grounds for
immediate termination of this agreement and the loss of security deposit.

12. Cleaning Fee

Tenant agrees to accept the property in its present state of cleanliness. The Tenant agrees to return the
property in the same condition or better, or pay a minimum $250 cleaning fee to cover Landlord costs for
cleaning the property. If at any time the Landlord notifies Tenant to clean up the property, and the Tenant
neglects to do so, the Landlord may charge the Tenant a minimum $250 cleaning fee.

13. Plumbing and Electricity

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                                DRAFT RENTAL LEASE AGREEMENT

Tenant agrees to not put or pour any debris, grease, paper towels, Q-tips, feminine hygiene products,
newspaper, or any other matter in the sink drain, toilets or outhouse. Tenant agrees to pay bills for all sewer
cleaning services resulting from clogged pipes.

Tenant must not overload electrical circuits. Only two electrical operated items may be plugged in any
single electrical receptacle.

14. Tenant Cooperation

Tenant agrees to cooperate with Owner/agent in showing property to prospective tenant, prior to
termination of occupancy.

15. Removal of Landlord's Property

Removal or any property belonging to Landlord without the written consent of Landlord will constitute
abandonment and surrender of the premises by Tenant and termination by them of this Rental Agreement.
Landlord may also take further legal action.

16. Tenant Insurance

Tenant understands that their personal belongings are not protected or otherwise insured by the Landlord.
The Tenant further understands that they are strongly encouraged to purchase Renter's Insurance at their
own expense, sufficient to cover themselves and their property from damage or injury caused by fire, theft,
burglary, and breakage, faulty or overloaded electrical connections or other causes, and hereby relieves the
Landlord of all risks.

17. Abandonment

If Tenant leaves the premises unoccupied for 15 days without paying rent in advance for that month, or
while owing any back rent from previous months, which has remained unpaid, the Landlord and/or his
representatives have the right to take immediate possession of the property and to bar the Tenant from
returning. Landlord will also have the right to remove any property that the Tenant or residents have left

18. Lock Policy

No additional locks will be installed on any door by the Tenant. Keys provided to Tenant are not to be

19. Condition of Premises

By signing this agreement, the Tenant acknowledges that the property is in good condition. If there is
anything about the condition of the property that is not good, they agree to report it to Landlord within three
days of taking possession of the property. They agree that failure to file any written notice of defects will
be legally binding proof that the property is in good condition at the time of occupancy.

20. Tenant Responsibility

Good housekeeping is expected. Tenant agrees to keep quarters clean and in sanitary condition. The
Tenant agrees not to permit any non-normal wear deterioration or destruction to occur while they are
occupying the property. They agree to exercise reasonable care for the walls, woodwork, floors,
furnishings, fixtures and appliances, windows, screens, doors, fences, plumbing, air-conditioning/handling
and heating, electrical and mechanical systems as well as the general structure and appearance of the
property. Tenant agrees to follow all Landlord instructions.

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                               DRAFT RENTAL LEASE AGREEMENT

21. Validity of Lease Provisions

Any provision set forth in this Rental Agreement which is contrary to state Residential Landlord and Tenant
laws shall be treated by Landlord and Tenant as void and as if it were not set forth herein, but all other
provisions of the Rental Agreement shall remain in full force and effect.

22. Access To Premises

The Owner reserves the right to enter the residence at reasonable times to inspect, make necessary repairs,
supply services or show it to prospective Tenants, purchasers, inspectors, or contractors. Whenever
practicable, a 24 hour notice of the Landlord’s intent to enter shall be given to the Tenant. The Landlord
may also display "for rent" and "for sale" signs on the building of which the rented residence is a part.

23. No rights of storage are given by this Lease Agreement. The Tenant agrees to hold the Landlord
harmless from any liability by reason of personal injury to any person and for property damage occurring on
or about or connected with the premises or resulting from the Tenant use thereof. The Tenant hereby
acknowledges this and agrees to make no such claims for any losses or damages against the Landlord.

24. Full Disclosure

The Tenant signing this Rental Lease Agreement hereby states that all questions about this rental agreement
have been answered, that they fully understand all the provisions of the agreement and the obligations and
responsibilities of each party, as spelled out herein. They further state that they agree to fulfill their
obligations in every respect or suffer the full legal and financial consequences of their actions or lack of
action in violation of this agreement. Signature by the Tenant on this Rental Lease Agreement is
acknowledgment and he/she has received a signed copy of the Rental Lease Agreement.

Accepted this ___ day of ____________________.

_______________________________ , Landlord

_________________________________, Tenant

_________________________________, Tenant

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