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Residential Lease Agreement

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					This Residential Lease Agreement is used by a landlord to lease a residential property
to a tenant. Rent is paid monthly and the lease can be changed or ended by either the
landlord or the tenant after giving the required notice. This document provides standard
clauses commonly used in lease agreements, but it may be customized to ensure that
the specific understandings of the parties are properly set forth. This lease agreement
is intended for use by a landlord when entering into a residential lease.
                                RESIDENTIAL LEASE AGREEMENT




THIS RESIDENTIAL LEASE AGREEMENT (hereinafter                           "Agreement") is made and
entered    into    this   _____    [Month]    _____     [Date],    20_____,    by   and       between
_________________________ [Instruction: Insert the name of landlord], residing at
_________________________ [Instruction: Insert the address of landlord] (hereinafter
"Landlord"), and ____________________________ [Instruction: Insert the name of tenant],
residing at _________________________ [Instruction: Insert the address of tenant]
(hereinafter      "Tenant"). For the purpose of this Agreement, Landlord and Tenant may
individually be referred to as “Party” and collectively as “Parties”.




    WHEREAS, Landlord is the sole owner of certain real property together with all
appurtenances thereto, lying and situated in County of United states of America, State of Idaho,
described in Exhibit-A (hereinafter "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:




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1. TERM AND TERMINATION OF THE TENANCY.
    The term of this Agreement shall commence on _____ [Month] _____ [Date], 20_____, and
    shall continue from that date to _____ [Month] _____ [Date], 20_____ [Instruction: Insert
    the starting and end date of tenancy]. Either Landlord or Tenant terminates the tenancy by
    giving the other thirty (30) days written notice of an intention to terminate the tenancy. In the
    event such notice is given, Tenant agrees to pay all rent up to and including the notice 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 ________ ($____)
    [Instruction: Insert the amount of late charge E.g., ten dollars (◊ $10)] in addition to the
    monthly rent will immediately become due and payable. In addition, for each check not
    honoured by the bank or trust company upon which it is drawn, a collection charge of
    __________ ($_______) [Instruction: Insert the amount of charge for dishonor of checks
    E.g., ten dollars (◊ $10)] in addition to the monthly rent will become immediately due and
    payable.




4. SECURITY / DAMAGE DEPOSIT.
    Tenant shall deposit with landlord the sum of two (2) month rent as a security deposit to
    secure Tenant's faithful performance of the terms of this lease. The security deposit shall not
    exceed two times the monthly rent. After the Tenant has vacated, leaving the Premises



© Copyright 2012 Docstoc Inc.                                                            3
    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 names of members of Tenant’s immediate family]

    ____________________________________________,

    ____________________________________________,

    ____________________________________________,

    ____________________________________________,

    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 fir
				
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Description: This Residential Lease Agreement is used by a landlord to lease a residential property to a tenant. Rent is paid monthly and the lease can be changed or ended by either the landlord or the tenant after giving the required notice. This document provides standard clauses commonly used in lease agreements, but it may be customized to ensure that the specific understandings of the parties are properly set forth. This lease agreement is intended for use by a landlord when entering into a residential lease.