Residential Lease Agreement

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Residential Lease Agreement Powered By Docstoc
					This document provides a template rental agreement between a landlord and tenant
and should be used for residential properties. The agreement sets forth the key terms
and policies governing the rental of the premises and contains provisions common to
other rental agreements, such as the term of the lease, the amount of rent, and
covenants made by both the tenant and landlord. This form contains both standard
clauses and opportunities for the use of optional terms and conditions making it fully
customizable to fit the needs of the landlord.
                                    RENTAL AGREEMENT

       WITNESS that in consideration of the rents, covenants and agreements hereinafter
reserved and contained on the part of the Tenant, his/her heirs, executors, administrators,
successors and assigns to be paid, observed and performed, the Landlord hereby leases unto the
Tenant, his/her heirs, executors, administrators, successors and assigns for use and occupation as
residential premises and for no other purpose, all those certain premises known municipally as
______________________ (hereinafter called the "Premises") upon the following terms and
conditions:
   1. To have and to hold the Premises for and during the term of (         ) months/years to be
      computed from the ____________ and ending on the ___________ day of _______,
      20__ , (hereinafter called the "Term").
   2. Tenant shall pay to Landlord during the said Term the sum of _________ ($__ ) Dollars
      in lawful money of United States/Canada to be payable in equal consecutive monthly
      installments of ____________ ($__ ) Dollars each payable in advance on the
      ____________ (__) day of each and every month during the said Term.
   3. The Tenant covenants and agrees to deliver rental payments to the Landlord by the date
      due. If rental payments are not received by the date due, a collection charge of
      __________ ($___) Dollars in addition to the monthly rent will immediately become due
      and payable. In addition, for each check not honored by the Bank or Trust Company upon
      which it is drawn, a collection charge of ($__) Dollars in addition to the monthly rent will
      become immediately due and payable.
   4. The Landlord and the Tenant mutually covenant and agree that whenever in this lease
      notice is required to be given by either the Landlord or the Tenant to the other, the same
      shall be in writing and, except as otherwise provided, be deemed to be sufficiently given
      if mailed postage prepaid and registered mail to the Tenant at the Premises and notice to
      the Landlord shall be addressed to _____________________. Notice so given shall be
      deemed to have been received by the addressee on the fourth postal delivery day
      following the date on which it is so mailed.
   5. The Tenant covenants and agrees to pay rent, maintain the Premises in an ordinary state
      of cleanliness, and repair any damage caused to the Premises by his/her willful or
      negligent conduct or that of persons who are permitted on the Premises by him. The
      Tenant further covenants to leave the Premises in an ordinary state of cleanliness upon
      termination of this Lease in the same condition as now exists, reasonable wear and tear
      excepted.
   6. The Tenant covenants and agrees that it shall be his/her sole responsibility to pay for all
      heat, hydro, water gas, cable and telephone charge required for the Premises and the
      Tenant further covenants and agrees to hold the Landlord harmless for all accounts
      aforesaid including arrears and penalties thereof.
   7. The Tenant covenants and agrees that he/she shall promptly notify the Landlord of any
      repairs required to be made by the Landlord and, subject to the applicable provisions of

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       the Act, the Landlord shall be permitted to enter the Premises for the purposes of viewing
       and making any such necessary repairs. The Landlord shall be permitted a reasonable
       time within which to make any such repairs that are necessary.
   8. The Tenant covenants and agrees not to assign or sublet this Lease.
   9. The Landlord covenant with the Tenant for quiet enjoyment.
   10. The Tenant covenants and agrees that he/she will not at any time during the Term, use, or
       permit the use of the Premises for any business or for any purpose other than as his/her
       own residential Premises and will not permit a nuisance to occur with respect to the use
       of the Premises.
   11. The Tenant covenants and agrees that, in case the Premises shall be abandoned o vacated
       by the Tenant, the Landlord, in addition to all other rights provided under the Act and all
       other rights hereby reserved, shall have the right to enter the Premises as the agent of the
       Tenant, either by force or otherwise, without being liable for any prosecution therefore,
       and to re-let the Premises as agent of the Tenant and to receive the rent therefore;
       PROVIDED that, if the rent hereunder is overdue and the Premises are vacant, it shall be
       presumed that the Tenants have vacated or abandoned the premise and the Landlord shall
       be entitled to take immediate possession thereof. Nothing in this Lease contained and no
       entry made b y the Landlord hereunder shall in any way release the Tenant for payment
       of the rent hereby reserved during the Term hereof beyond such sum as may be realized
       by the Landlord by the re-letting hereinbefore allowed.
   12. The Tenant covenants and agrees that the Landlord is not in any event whatsoever liable
       or responsible in any way howsoever caused for:
           (a) any personal injury or death that may be sustained by the Tenant, members of
                   his/her family, his/her guests, visitors and invitees or any other person who
                   may be upon the Premises;
           (b) any loss or theft of or damage or injury to any property, including motor vehicles
                   and the contents thereof, which may be in or about the Premises; without
                   limiting the generality of the foregoing, such damage shall include any
                   damage caused to any property situate in or about the Premises from gas,
                   water, steam, water works, rain or snow which may issue or flow from any
                   part of the Premises or the Landlord's property or from the pipes or plumbing
                   works of the same or from any other place or quarter;
           (c) any damage caused by or attributable to the condition or arrangement of any
                   electrical or other wiring;
           (d) any damage caused by anything done or omitted to be done by the Landlord; or
           (e) any loss or spoilage of food on account of the failure or impairment of the
                   electrical system.
   13. The Tenant hereby releases and forever discharges the Landlord, his/her successors and
       assigns, from all and any actions, claims and demands for damages, including exemplary



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       or punitive damages, loss 
				
DOCUMENT INFO
Description: This document provides a template rental agreement between a landlord and tenant and should be used for residential properties. The agreement sets forth the key terms and policies governing the rental of the premises and contains provisions common to other rental agreements, such as the term of the lease, the amount of rent, and covenants made by both the tenant and landlord. This form contains both standard clauses and opportunities for the use of optional terms and conditions making it fully customizable to fit the needs of the landlord.
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This document is also part of a package Residential Landlord Toolkit 21 Documents Included