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Furnished Apartment Lease Agreement

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Furnished Apartment Lease Agreement Powered By Docstoc
					Furnished Apartment Lease
Agreement
This lease agreement is between a landlord and a tenant that wants to lease a furnished
apartment from the landlord. This lease is specifically tailored for a furnished apartment,
requiring the parties to specify the furniture that will come with the apartment and how
and when the tenant will be held liable if the furniture is damaged or destroyed.
Customize the information of the parties, the apartment’s address, the lease term, the
rental amount, and more. This agreement is ideal for individuals or small businesses
that want to enter into a lease for a furnished apartment.
                   FURNISHED APARTMENT LEASE AGREEMENT

THIS FURNISHED APARTMENT LEASE AGREEMENT (hereinafter referred to as the
“Lease”) is made and entered into as of ____________________ [Instructions: Insert the date
of this agreement] (hereinafter referred to as the “Effective Date”), by and between
____________________ [Instructions: Insert the Landlord’s name] (hereinafter referred to as
the “Landlord”), of ____________________________________________________________
[Instructions: Insert the Landlord’s address] and ____________________ [Instructions:
Insert the Tenant’s name] (hereinafter referred to as the “Tenant”), of
____________________________________________________________. [Instructions: Insert
the Tenant’s address]

WHEREAS, Tenant desires to lease certain premises from Landlord; and subject to the terms
and conditions hereof, Landlord desires to lease such premises to Tenant.

NOW, THEREFORE, for good and valuable consideration the receipt of which is hereby
acknowledged by each party hereto, it is agreed as follows:

1.       TERM OF LEASE

This Lease shall be for a term of __________ (___) month(s) /// year(s) [Instructions: Insert the
term of this lease] commencing on _____________________, [Instructions: Insert the start
date of the lease] unless terminated earlier pursuant to the provisions of this Lease.

2.       THE PREMISES

       a.      Description. The premises is a __________ (___) [Instructions: Insert the
number of bedrooms] bedroom, __________ (___) [Instructions: Insert the number of
bathrooms] bathroom apartment located at __________________________________
[Instructions: Insert the apartment’s address] (the “Premises”).

        b.     Furnishing. The Premises is leased as a furnished apartment containing
household furniture, appliances and household items (collectively the “Furnishing”). A complete
list of all such Furnishing is attached hereto as Exhibit “A”; no other household furniture,
appliances and household items shall be included with the Premises except as are included in
Exhibit “A.”

              i.       Tenant acknowledges that Tenant has inspected the Furnishing. Tenant
agrees to complete and deliver to Landlord an “Inspection Sheet” setting forth any items which
are damaged or not in operable condition within __________ (___) [Instructions: Insert the
number of days after this lease that Tenant has to notify the Landlord of damaged or
inoperable furnishings] days following the execution of this Lease as an acknowledgment of
the condition of the Furnishings.




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             ii.        Upon the termination of the Lease, Tenant agrees to return all Furnishing
in as good condition as when received, reasonable wear and tear excepted. Tenant shall be
responsible for all breakage or damages to the Furnishing.

3.       RENT

        a.     Commencing on __________________, [Instructions: Insert the date the first
rent payment is due] Tenant shall make monthly rent payments to Landlord, at the address
specified herein, or at any other place designated by Landlord in a written notice served on
Tenant, in the amount of __________ Dollars ($____) [Instructions: Insert the rental amount]
per month, payable in advance on the _____________ [Instructions: Insert the day number of
the month rent is due e.g. “first” or “fifth”] calendar day of the month.

         b.    Tenant acknowledges late payment of rent may cause Landlord to incur
significant costs and expenses, the exact amounts of which are extremely difficult and
impractical to determine. These costs may include, but are not limited to, processing,
enforcement and accounting expenses, and late charges imposed on Landlord. If any installment
of rent due from Tenant is not received by Landlord within of __________ (___) [Instructions:
Insert the number of days rent must be late to be considered overdue] calendar days after the
date due, Tenant shall pay to Landlord, an additional sum of __________ Dollars ($____)
[Instructions: Insert the late charge amount] as a late charge. Landlord and Tenant agree that
the late charge represents a fair and reasonable estimate of the costs Landlord may incur by
reason of Tenant’s late payment. Any Late Charge due shall be paid with the current installment
of rent.

       c.     Upon execution of this Lease, Tenant shall pay sum of __________ Dollars
($____) [Instructions: Insert the amount of the first month’s rent] as Tenant’s the first
month's rent.

4.       SECURITY DEPOSIT

Upon execution of this Lease Tenant shall deposit with Landlord, as a security deposit, the sum
of __________ Dollars ($____) [Instructions: Insert the security deposit amount] (the
“Security Deposit”). The Security Deposit shall not be used towards rent. Landlord may
withhold from the Security Deposit only such amounts as are reasonably necessary to remedy
Tenant’s defaults including, but not limited to, the following: (a) full or partial defaults in the
payment of rent; (b) to repair damages to the Premises caused by Tenant that exceed ordinary
wear and tear; (c) if necessary, to clean the Premises upon termination of Tenant’s Lease in order
to return the Premises to the same level of cleanliness it was in at the inception of the Lease,
and/or (d) to restore, replace, or return personal property or appurtenances, excluding of ordinary
wear and tear. No later than twenty one (21) days following the termination of Tenant’s Lease,
Landlord shall return any remaining portion of such Security Deposit to Tenant.

5.       UTILITIES




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Landlord agrees to pay all charges for __________________________ [Instructions: Insert all
of the utilities that Landlord will pay for] for the Premises. Tenant agrees to pay all charges
for _________________________ [Instructions: Insert all of the utilities that Tenant will pay
for] for the Premises. Tenant shall make payments for these utilities directly to the utility
companies.

6.       USE OF PREMISES

        a.     Except as otherwise provided herein, only Tenant will occupy the Premises.
Tenant may have up to __________ (___) [Instructions: Insert the maximum number of
guests Tenant may have at one time] guests on the Premises at any one time. No other person
shall be permitted to occupy the Premises except with the prior written approval of Landlord.

       b.     Tenant agrees that the Premises are to be used exclusively as the living quarters of
Tenant and shall not be used for any other purpose.

       c.     Tenant shall not keep any pet, or permit any pet to be kept, on the Premises,
without Landlord’s prior written consent.

        d.     Tenant shall not allow the Premises to be used for any improper, unlawful, or
objectionable purpose.

       e.      Tenant shall not cause, maintain, or permit any nuisance in, on, or about the
Premises, or commit any waste in or on the Premises.

       f.      Tenant shall not put the Premises to any use that violates local zoning ordinances
or any other law applicable to the Premises.

7.       RULES AND REGULATIONS

Tenant and Tenant’s guests shall obey the rules and regulations governing the building, as they
currently exist and as they may be amended in the future. A copy of the rules and regulations
shall be provided to Tenant prior to the commencement of this Lease.

8.       CONDITION OF PREMISES

        a.      Tenant acknowledges that Tenant has inspected the Premises, including all
furnishings, fixtures, appliances, and other personal property subject to this Lease. Tenant agrees
to complete and deliver to Landlord an “Inspection Sheet” setting forth any items which are
damaged or not in operable condition within __________ (___) [Instructions: Insert the
number of days after this lease that Tenant has to notify the Landlord of damaged or
inoperable furnishings] days following the execution of this Lease as an acknowledgment of
the condition of the Premises.

       b.    Landlord shall, at Landlord's own cost and expense, keep and maintain the
Premises in a safe and sanitary condition and shall comply with all laws, ordinances, and



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regulations pertaining to the condition of the Premises. Tenant shall remedy, at Tenant's own
cost and expense, any deteriorations of or injuries to Premises occasioned by Tenant's lack of
ordinary care.

9.       REPAIRS AND ALTERATIONS

       a.      Tenant shall make not make any alterations to Premises without the prior written
consent of Landlord. Any alteration made by Tenant after such consent has been granted, and
any fixtures installed as a part of such work, will at Landlord's option become the Landlord's
property on the termination of this Lease. Landlord shall also have the right to require Tenant to
remove any fixtures at Tenant's cost on termination of this Lease.

        b.      Tenant shall notify Landlord of any conditions on the Premises that require
repairs. In the event that Landlord fails to repair or arrange for the repair of the condition within
__________ (___) [Instructions: Insert the number of days after notifying the Landlord of
required repairs that Tenant may conduct repairs and deduct the costs from rent] days
following Tenant’s notification, Tenant may make such repairs or arrange for them to be made
and deduct the cost of the repairs, provided Tenant does not deduct more than the equivalent of
one month's rent.

10.      ENTRY BY LANDLORD

        a.     Landlord may enter the Premises: (i) in case of emergency; (ii) to make necessary
or agreed repairs, decorations, alterations, or improvements to the Premises; supply necessary or
agreed services; or exhibit the Premises to prospective or actual purchasers, mortgagees, tenants,
workers, or contractors; (iii) If Tenant abandons or surrenders the Premises; or (iv) Pursuant to
court order.

        b.      Landlord will give Tenant at least twenty four (24) hours notice of Landlord’s
intent to enter unless: (i) an emergency exists; (ii) Tenant has abandoned or surrendered the
Premises; or (iii) it is impracticable to do so.

       c.       Landlord will only enter the Premises during normal business hours unless: (i) an
emergency exists, (ii) Tenant has abandoned or surrendered the Premises, or (iii) Tenant
consents, at the time of an entry that is not during normal business hours, to the entry.

        d.     Tenant may not change or add any locks to Tenant's apartment, storage space, or
garage, without obtaining Landlord's prior written consent and without providing Landlord with
a key to the changed or added lock.

11.      TERMINATION

        a.     Provided that Tenant pays a termination fee equal to the lesser of __________
(___) [Instructions: Insert the number of months’ rent due if Tenant wants to terminate the
lease early] months’ rent or the maximum amount allowable by law, Tenant may terminate this




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Lease. Termination will be effective as of the first day of the month following Landlord’s
receipt of the termination fee.

       b.      Landlord may terminate this Lease in the event that the Premises has been sold,
provided that Landlord provides Tenant with at least __________ (___) [Instructions: Insert the
number of days Landlord must provide to terminate the lease if the premises are sold] days
prior written notice.

        c.      In the event that by no fault of Tenant, Premises are totally or partially damaged
or destroyed by fire, earthquake, accident or other casualty that render Premises totally or
partially uninhabitable, either Landlord or Tenant may terminate this Lease by giving the other
written notice. Rent shall be abated as of the date that the Premises become totally or partially
uninhabitable. The abated amount shall be the current monthly Rent prorated on a thirty (30) day
period. If the Lease is not terminated, Landlord shall promptly repair the damage, and Rent shall
be reduced based on the extent to which the damage interferes with Tenant’s reasonable use of
the Premises. If damage occurs as a result of an act of Tenant or Tenant’s guests, only Landlord
shall have the right of termination, and no reduction in Rent shall be made.

12.      HOLDOVER TENANT

In the event that Tenant maintains possession of the Premises following the termination of the
term of the Lease, Tenant shall pay Landlord month-to-month rent at the rate of __________
percent (___%) [Instructions: Insert the monthly rental amount] of the rent provided
hereunder.

13.      MISCELLANEOUS

       a.     This Lease constitutes the entire agreement between the parties hereto with
respect to the specific subject matter hereof and supersedes all prior agreements or
understandings of any kind with respect to the specific subject matter hereof.

       b.       In the event that any provision or part of this Lease shall be deemed void or
invalid by a court of competent jurisdiction, the remaining provisions or parts shall be and
remain in full force and effect.

       c.      Any and all additions, deletions, or modification to this Lease must be in writing
and signed by the parties or it shall have no effect and shall be void.

        d.     This Lease is binding upon and shall inure to the benefit of the respective
successors, licensees and/or assigns of the parties hereto. Notwithstanding anything to the
contrary contained herein, Tenant may not assign this Lease or sublet any portion of the
Premises, unless Tenant obtains the prior written consent of Landlord. The consent of Landlord
to any one assignment or subletting shall not be deemed to be consent by Landlord to any
subsequent assignment or subletting. Any assignment or subletting without Landlord's prior
written consent shall be void and shall, at Landlord's option, terminate this Lease.




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       e.      No failure by either party to pursue any remedy resulting from any breach of any
provision of this Lease by the other party shall be construed as a waiver of that breach or as a
waiver of any subsequent or other breach unless such waiver is in writing and signed by the non-
breaching party.

        f.      All notices, statements and/or requests for approvals ("notices") that either party
hereto is required or may desire to give to the other party shall be given in writing by addressing
the same to the other party at the addresses set forth above, or at such other address as may be
designated in a notice to the other party. Notices shall be made by personal delivery, courier, or
by certified U.S. mail, return receipt requested, postage prepaid. Notice shall be deemed given
on the date of delivery to the other party.

         g.       Time is expressly declared to be of the essence in this Lease.

       h.     This Lease shall be governed in accordance with the laws of the State of
____________________, [Instructions: Insert the state’s laws that will govern this
agreement] applicable to agreements to be wholly performed therein, without giving effect to its
laws governing conflict of laws.

        i.      If any legal action or proceeding arising out of or relating to this Lease is brought
by either party to this Lease, the prevailing party shall be entitled to receive from the other party,
in addition to any other relief that may be granted, the reasonable attorneys' fees, costs, and
expenses incurred in the action or proceeding by the prevailing party.


IN WITNESS WHEREOF the parties have duly executed this Lease as of the date written by
their respective signatures below.

TENANT:                                                          LANDLORD:
__________ [Instructions: Insert name]                           __________ [Instructions: Insert name]



__________________________                                       __________________________
Authorized Signatory                                             Authorized Signatory

Date: ______________________                                     Date: ______________________




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                                                    EXHIBIT A

                                                  FURNISHINGS

______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________

[Instructions: Insert a list of household furniture, appliances and household items that are
included with the apartment]




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DOCUMENT INFO
Description: This lease agreement is between a landlord and a tenant that wants to lease a furnished apartment from the landlord. This lease is specifically tailored for a furnished apartment, requiring the parties to specify the furniture that will come with the apartment and how and when the tenant will be held liable if the furniture is damaged or destroyed. Customize the information of the parties, the apartment’s address, the lease term, the rental amount, and more. This agreement is ideal for individuals or small businesses that want to enter into a lease for a furnished apartment.