Residential Lease
Agreement (Fixed Period)
This Residential Lease Agreement for fixed period is intended to be used by
ocstoc Legal Agreements
a landlord to lease a residential property to a tenant for a specific period of
time. This document allows setting the price, security deposit, and other
terms of a residential lease. Kindly use Monthly Residential Lease
Agreement if you are leasing on monthly basis.
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Entire document © Docstoc, Inc., 2010, 2011
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Attorney Drafted
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RESIDENTIAL LEASE AGREEMENT – FIXED PERIOD
THIS RESIDENTIAL LEASE AGREEMENT (hereinafter referred to as the "Agreement")
made and entered into this _____ [Month] _____ [Date], 20_____, by and between
____________________________ [Instruction: Insert the name of Landlord] (hereinafter
referred to as "Landlord") and ____________________________ [Instruction: Insert the name
of Tenant] (hereinafter referred to as "Tenant"). For the purpose of this Agreement, Landlord
and Tenant are sometimes individually referred to as the “Party” and collectively referred to as
the “Parties”.
WHEREAS, Landlord is the sole owner of certain real property together with all appurtenances
thereto, lying and situated in County ____________________ [Instruction: Insert the County],
State of Alaska, described in Exhibit-A (hereinafter referred to as the "Premises").
WHEREAS, Landlord desires to lease the Premises to Tenant upon the terms and conditions as
contained herein; and
WHEREAS, Tenant desires to lease the Premises from Landlord on the terms and conditions as
contained herein;
NOW, THEREFORE, for and in consideration of the covenants and obligations contained
herein and other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the Parties hereto hereby agree as follows:
1. TERM OF THE TENANCY.
The term of this Agreement shall commence on _____ [Month] _____ [Date], 20_____, and
shall continue from that date for a period of ___________ (___) [Instruction: Insert the
number of months e.g. time period e.g. eleven (◊ 11)] months expiring on _____ [Month]
_____ [Date], 20_____. Either Landlord or Tenant may terminate the tenancy by giving the
other ___________ (___) [Instruction: Insert the number of days e.g. thirty (◊ 30)] days
written notice of an intention to terminate the Premises. In the event such notice is given,
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Tenant agrees to pay all rent up to and including the notice period. Should Tenant vacate
before the expiration of the term without serving a written notice, Tenant shall be liable for
the balance of the rent for the remainder of the term, less any rent Landlord collects or could
have collected from a replacement tenant by reasonably attempting to re rent. Tenant who
vacates before expiration of the term are also responsible for Landlord’s costs of advertising
for a replacement tenant. In the event Tenant fails to give written notice of an intention to
vacate the Premises at the end of the term, the tenancy shall become on a month to month
basis for successive terms of one month each, on an increased rent as per the reasonable
discretion of the Landlord, until either Landlord or Tenant terminate the tenancy by giving
the other ___________ (___) [Instruction: Insert the number of days e.g. three (◊ 3)] days
written notice of an intention to terminate the Premises. In the event such notice is given,
Tenant agrees to pay all rent up to and including the notice period. [Instruction: Choose this
clause if the term of tenancy is counted for a particular period].
2. RENT.
Tenant shall pay Landlord rent of ________ ($____) [Instruction: Insert the amount of
rent payable] per month, payable in advance on the _______ (___) [Instruction: Insert the
day e.g. first (◊ 1st)] day of each month. If that day falls on a weekend or legal holiday, the
rent is due on the next business day. Rent shall be paid by personal check, money order or
cashier’s check only, to Landlord at Landlord's address as set forth in the preamble to this
Agreement or at such other place as Landlord shall designate from time to time.
3. LATE CHARGE/BAD CHECKS.
If rental payments are not received by the date due, a collection charge of 5% of the total rent
in addition to the monthly rent will immediately become due and payable. In addition, for
each check not honoured by the Bank or Trust Company upon which it is drawn, a collection
charge of 10.5% of the check amount in addition to the monthly rent will become
immediately due and payable.
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4. SECURITY / DAMAGE DEPOSIT.
Tenant shall deposit with landlord the sum of two thousand dollars only ($ 2,000) or two (2)
month rent as a security deposit to secure tenant's faithful performance of the terms of this
lease. After Tenant has vacated, leaving the Premises vacant, the Landlord may use the
security deposit for the cleaning of the Premises, any unusual wear and tear to the Premises
or common areas, and any rent or other amounts owed pursuant to the Agreement.
5. USE OF PREMISES.
The Premises shall be used and occupied by Tenant and Tenant's immediate family,
consisting of:
____________________________________________,
____________________________________________,
____________________________________________,
____________________________________________, [Instruction: Insert the name of
people staying along with Tenant] exclusively, as a private single family dwelling, and no
part of the Premises shall be used at any time during the term of this Agreement by Tenant
for the purpose of carrying on any business, profession, or trade of any kind, or for any
purpose other than as a private single family dwelling. Tenant shall not allow any other
person, other than Tenant's immediate family or transient relatives and friends who are guests
of Tenant, to use or occupy the Premises without first obtaining Landlord's written consent to
such use. Tenant shall comply with any and all laws, ordinances, rules and orders of any and
all governmental or quasi governmental authorities affecting the cleanliness, use, occupancy
and preservation of the Premises.
6. ASSIGNMENT AND SUBLETTING.
Tenant shall not assign this Agreement, or sublet or grant any license to use the Premises or
any part thereof without the prior written consent of Landlord. Consent by Landlord to one
such assignment, subletting or license shall not be deemed to be a consent to any subsequent
assignment, subletting or license. An assignment, subletting or license without the prior
written consent of Landlord or an assignment or subletting by operation of law shall be
absolutely null and void and shall, at Landlord's option, terminate this Agreement.
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7. CONDITION OF THE PREMISES.
Tenant agrees to:
a. properly use, operate and safeguard the Premises and all furniture and furnishings,
appliances and fixtures within the Premises;
b. Maintain the Premises in clean and sanitary condition, and upon termination of the
tenancy, to surrender the Premises to Landlord in the same condition as when Tenant
first took occupancy, except for ordinary wear and tear;
c. If the surrounding grounds are part of the Premises and for exclusive use of Tenant,
Tenant agree to irrigate and maintain the surrounding grounds in a clean and safe
manner, keeping the grounds clear of rubbish and weeds and trimming all grass and
shrubbery as necessary to effect a neat and orderly appearance to the property;
d. Notify Landlord in writing upon discovery of any damages, defects or dangerous
conditions in and about the Premises; and
e. Reimburse Landlord for the cost of any repairs to the Premises of damages caused by
misuse or negligence of Tenant or their guests or invitees.
Tenant acknowledges that said Premises have been cleaned and all items, fixtures,
appliances, and appurtenances are in complete working order. Tenant promises to keep the
Premises in a neat and sanitary condition and to immediately reimburse landlord for any
sums necessary to repair any item, fixture or appurtenance that needed service due to
Tenant's, or Tenant's invitee, misuse or negligence.
8. LEAD BASED PAINT DISCLOSURE.
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By initialing, Tenant acknowledges receipt of disclosure of information on lead based paint
and lead based paint hazards. Landlord has no reports or knowledge of lead based paint on
the Premises.
______________ [Instruction: Insert the initial of Tenant]
[Comment: 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, Landlord must disclose the presence of known lead based paint and/or lead
based paint hazards in the dwelling. Tenant must also receive a federally approved
pamphlet on lead poisoning prevention.]
9. ALTERATIONS AND IMPROVEMENTS.
a. Tenant shall make no alterations to the buildings or improvements on the Premises or
construct any building or make any other improvements on the Premises without the prior
written consent of Landlord. Any and all alterations, changes, and/or improvements
built, constructed or placed on the Premises by Tenant shall, unless otherwise provided
by written agreement between Landlord and Tenant, be and become the property of
Landlord and remain on the Premises at the expiration or earlier termination of this
Agreement.
b. If the Premises are damaged or destroyed as to render them uninhabitable, then either
Landlord or Tenant shall have the right to terminate this Agreement as of the date on
which such damage occurs, through written notice to the other Party to be given within
___________ (___) [Instruction: Insert the number of days e.g. fifteen (◊ 15)] days of
occurrence of such damage. However, if such damage should occur as the result of the
conduct or negligence of Tenant or Tenant guests or invitees, Landlord only shall have
the right to termination and Tenant shall be responsible for all losses, including, but not
limited to, damage and repair costs as well as loss of rental income.
10. INSPECTION OF PREMISES.
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a. Landlord and Landlord's agents shall have the right at all reasonable times during the
term of this Agreement and any renewal thereof to enter the Premises for the purpose of
inspecting the Premises and all buildings and improvements thereon. And for the
purposes of making any repairs, additions or alterations as may be deemed appropriate by
Landlord for the preservation of the Premises or the building. The right of entry shall
likewise exist for the purpose of removing placards, signs, fixtures, alterations or
additions that do not conform to this Agreement or to any restrictions, rules or regulations
affecting the Premises.
b. Except in case of emergency, Landlord shall give Tenant reasonable Twenty Four (24)
hours written notice of intent to enter. In order to facilitate Landlord’s right of access,
Tenant shall not, without Landlord’s prior written consent, add, alter or re-key any locks
to the Premises. Tenant further agrees to notify Landlord in writing if Tenant installs any
burglar alarm system, including instructions on how to disarm it in case of emergency
entry.
11. ANIMALS.
[Instruction: Choose any one clause]
Tenant shall be entitled to keep no more than ___________ (___) [Instruction: Insert the
number e.g. two (◊ 2)] domestic dogs, cats or birds; however, at such time as Tenant shall
actually keep any such animal on the Premises. [Instruction: Choose this clause if tenant is
allowed to keep pets in the premises]
Or
Tenant agrees that, no animals, birds, other pets of any kind whatsoever shall be brought on
the Premises without the prior written consent of the Landlord. [Instruction: Choose this
clause if tenant is not allowed to keep any pets in the premises]
12. LIQUID-FILLED FURNITURE.
Tenant shall not use or have any liquid filled furniture on the Premises without Landlord’s
prior written consent.
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13. QUIET ENJOYMENT.
Tenant shall be entitled to quiet enjoyment of the Premises. Tenant shall not use the Premises
in such a way as to violate any law or ordinance, commit waste or nuisance, or annoy,
disturb, inconvenience, or interfere with the quiet enjoyment of any other or nearby resident.
14. INSURANCE DISCLAIMERS.
Tenant assumes full responsibility for all personal property placed, stored or located on or
about the Premises. Tenant personal property is not insured by Landlord. Landlord
recommends that Tenant obtain insurance to protect against risk of loss from harm to Tenant
personal property. Landlord shall not be responsible for any harm to Tenant property
resulting from fire, theft, burglary, strikes, riots, orders or acts of public authorities, acts of
nature or any other circumstance or event beyond Landlord’s control.
15. INDEMNIFICATION.
Tenant expressly release Landlord from any and all liability for any damages or injury to
Tenant, or any other person, or to any property, occurring on the Premises unless such
damage is the direct result of the negligence or unlawful act of Landlord or Landlord’s
agents.
16. POSSESSION OF THE PREMISES.
The failure of Tenant to take possession of the Premises shall not relieve them of their
obligation to pay rent. If Landlord is unable to deliver possession of the Premises for any
reason not within Landlord’s control, Landlord shall not be liable for any damage caused
thereby, nor will this Agreement be void or voidable, but Tenant shall not be liable for any
rent until possession is delivered. If Landlord is unable to deliver possession within _______
(___) [Instruction: Insert the number of days e.g. Four (◊ 4)] days calendar days after the
agreed commencement date, Tenant may terminate this Agreement by giving written notice
to Landlord, and shall receive a refund of all rent and security deposits paid.
17. HAZARDOUS MATERIALS.
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Tenant shall not keep on the Premises any item of a dangerous, flammable or explosive
character that might unreasonably increase the danger of fire or explosion on the Premises or
that might be considered hazardous or extra hazardous by any responsible insurance
company.
18. UTILITIES.
Tenant shall be responsible for arranging for and paying for all utility services required on
the Premises.
19. SEVERABILITY.
If any provision of this Agreement or the application thereof shall, for any reason and to any
extent, be invalid or unenforceable, neither the remainder of this Agreement nor the
application of the provision to other persons, entities or circumstances shall be affected
thereby, but instead shall be enforced to the maximum extent permitted by law.
20. GOVERNING LAW.
This Agreement shall be governed, construed and interpreted by, through and under the Laws
of the State of Alaska.
21. NON WAIVER.
No indulgence, waiver, election or non election by Landlord under this Agreement shall
affect Tenant's duties and liabilities hereunder.
22. CONDITIONS OF NEIGHBORHOOD.
Landlord hereby advises Tenant to satisfy all of Tenant's requirements regarding the area and
neighborhood conditions, including but not limited to schools, location and sufficiency of
law enforcement, crime rate, proximity of registered offenders or felons, fire service and
protection, and other governmental services; availability, sufficiency and cost of any wired or
wireless internet connections, or any other telecommunications or technology services;
proximity to industrial, commercial, or agricultural activities; existing and proposed
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construction, development, and transportation that may affect noise, traffic, or view; airport
noise, or noise or odor from any source; domestic and wild animals; other nuisances,
circumstances, or hazards; cemeteries; condition of any facilities or common areas;
conditions and influences of significance to certain cultures and/or religions; and personal
needs, preferences, and requirements of Tenant.
23. NOTICE.
Any notice required or permitted under this Lease or under state law shall be deemed
sufficiently given or served if sent by United States certified mail, return receipt requested,
addressed as follows:
If to Landlord to: _____________________________________
_____________________________________
_____________________________________
_____________________________________
If to Tenant to: _____________________________________
_____________________________________
_____________________________________
_____________________________________
Landlord and Tenant shall each have the right from time to time to change the place notice is to
be given under this paragraph by written notice thereof to the other Party.
24. ADDITIONAL PROVISIONS.
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
[Instruction: Insert any additional provisions required and agreed by the Parties. Delete
this clause if there are no such additional terms.]
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25. ENTIRE AGREEMENT.
This document constitutes the Entire Agreement between the Tenant and Landlord. This
Agreement cannot be modified except in writing and must be signed by all Parties. Neither
Landlord nor Tenant has made any promises or representations, other than those set forth in
this Agreement and those implied by law. The failure of Tenant or their guests or invitees to
comply with any term of this Agreement is grounds for termination of the tenancy, with
appropriate notice to Tenant and procedures as required by law.
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IN WITNESS WHEREOF, the said Parties hereto have hereunto set their hands and seals as of
the date first here above written.
LANDLORD
_____________________________________
[Instruction: Insert Signature of Landlord]
_____________________________________________
[Instruction: Insert typed/printed name of Landlord]
TENANT
___________________________________
[Instruction: Insert Signature of Tenant]
___________________________________________
[Instruction: Insert typed/printed name of Tenant]
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EXHIBIT-A
[Instruction: Insert the address and specifics of the property
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