"CASA COCO LOCO RENTAL AGREEMENT"
CASA COCO LOCO RENTAL AGREEMENT This agreement is made this day of _______________, 200___ . The tenant(s) hereby agree to rent from the landlords the premises described below. LANDLORDS Robert Stieg Kai Frykman 1) RENTED PREMISES : a furnished house on Isla Carenero with 3 bedrooms, 3 baths 2) TERM: The term of the rental shall be from _________________ to ___________________ 3) RENT: The rent is ____________ per ______________ Total rent is _______________ plus the security deposit of _____________ for a total of _______________ 4) PAYMENTS: FOR ALL RENTALS Due 2 weeks prior to start of rental: Security deposit Rent up to one month Total due __________________ __________________ __________________ Robert C. Stieg 301 Bret Harte Rd. San Rafael, Ca 94901-5252 TENANTS PASSPORT NO. Please make check payable to: And mail to: FOR RENTALS OVER ONE MONTH ONLY If rental period is greater than one month, additional rental payments are due on the FIRST DAY of the month and are to be paid to our Agent, Virginia Vasquez, on First Street, next to the Police Station in Bocas Del Toro. The payment must be made by a check drawn on a local bank or in CASH. Checks drawn on foreign banks are not acceptable. Landlord or his Agent will not give notice to tenant regarding tenant’s obligation to pay rent. Payments not received by the 5 th day of the month are subject to a 10% penalty fee. 5) SECURITY DEPOSIT Upon execution of this rental agreement, Tenant shall make a security deposit of the amount specified above, if not already received earlier by the Landlord. This deposit will be returned at the end of the rental period provided the Tenant has complied with the conditions of the agreement and the property is in the condition the Tenant found it. Any long distance phone calls and calls to cell phones from the house phone and any damage to the property will be deducted from the deposit. 6) DEFAULT/TERM ABANDONMENT If Tenant defaults in the payment of rent or any other term of conditions of this rental agreement, Landlord or his Agent may give Tenant written notice to cure such fault. If tenant fails to cure such fault within 3 days of receiving notice, Landlord may elect to terminate the rental agreement, and Landlord or his Agent may re-enter the rented premises and remove the Tenant and all other occupants and their possessions and any cost incurred by Landlord enforcing these rights shall be deducted from the security deposit. If Tenant abandons or vacates the Premises during the term of this rental agreement, Landlord or his Agent may re-enter the Premises without liability for prosecution or owing damage to Tenant, and, at Landlord’s option Tenant shall be liable for the remainder of the rent due under the rental agreement until its expiration. Landlord or his Agent may also dispose of any property left by tenant after abandonment without liability. 7) OCCUPANTS The rented premises shall be occupied for domestic purposes only. If the Tenant wishes to accommodate any other person, prior written permission must be obtained from the Landlord’s Agent. The Landlord reserves the right to deny such permission. 8) REPAIRS Tenant must take good care of the rented premises and all equipment, furnishings, supplies and fixtures therein. Tenant is responsible and liable for all repairs, replacements and damage caused as a result of any acts or negligence of Tenant and/or guests of the Tenant. If Tenant fails to make a needed replacement acceptable to Landlord, Landlord may do so and add the expenses to the rent. Before attempting any repair, Tenant is to contact Landlord’s Agent who will make the decision regarding need for a qualified person to make repairs. Cost of the repairs or replacement and parts will be added to the rent if due to act or negligence of Tenant or guests of Tenant. 9) PARTIAL or TOTAL DESTRUCTION OF RENTED PREMISES If the rented premises are partially damaged or completely destroyed by a fire or other occurrence that is not caused by Tenant’s negligence or willful act, or negligence of Tenants family, agent or guest, Landlord may elect to: a) Repair or rebuild the rented premises during the period of a break in the rental period, and rebate the rent proportionally for this period. b) Not repair or rebuild the rented premises, terminate the rental agreement and prorate the rent up to the time of the damage. 10) ALTERATIONS No alterations are to be made to the premises by tenant. Repair and/or replacement costs of any unauthorized alteration will be deducted from the deposit. 11) MAINTENANCE of RENTED PROPERTY Tenant shall, at Tenants expense, maintain the premises in a clean and sanitary condition at all times at the end of the term, Tenant will leave the rented premises clean and in good condition. Tenant will remove all of tenants belongings and surrender all keys to Landlords Agent at the expiration of rental period. Landlord will supply weekly cleaning service and the services of a groundskeeper during the rental period. 12) ASSIGNMENT/SUBLETTING RESTRICTIONS Tenant may not assign this agreement or sublet the rented premises without written consent of the Landlord. 13) UTILITIES/SERVICES Landlord will pay for water, electricity and prior written consent of the Landlord. .basic phone service. Long distance calls and calls to cell phones will be charged to tenant and deducted from security deposit. If available during rental period, Tenant is responsible for cost of internet access. 14) LANDLORD’S RIGHT TO ENTER Landlord or Landlord’s Agent or Designee of Landlord or Landlord’s Agent may, at reasonable times, enter the rented premises to inspect it, to make repairs or alterations, and to show it to potential buyers, lenders or tenants. 15) PETS Tenant may not bring or keep pets in rented premises without prior written consent of the Landlord. 16) LAWS and REGULATIONS Tenants must, at Tenants expense, comply with all laws, regulations, ordinances, and requirements of all municipal, local and federal authorities that are effective during the term of the rental agreement, pertaining to the use of the premises. 17) LEGAL FEES If Landlord is successful in a legal action or proceeding between Landlord and Tenant relating to the non-payment of rent or recovery of the rented premises, Landlord may, to the extent legally available, recover reasonable legal fees and costs from Tenant. 18) INSPECTION PRIOR TO OCCUPANCY Tenant has inspected the rented premises or waives the inspection of rented premises and agrees that the rented premises are in good habitable condition as of the date of this rental agreement. If the Tenant notes any problem or concern with the condition of the premises, Tenant agrees to notify Landlord’s Agent immediately so that the problem can be corrected, does not worsen, and Tenant can comfortably and safely occupy the premises. 19) BINDING OBLIGATION and ENTIRE AGREEMENT This rental agreement is binding on Landlord and Tenant. Tenant and Landlord have both read this agreement and affirm that it contains the entire and only agreement between the parties. 20) JOINT and SEVERAL OBLIGATION If more than one person executes this rental agreement as a tenant, the obligations of all Tenants shall be jointly and several with each Tenant assuming full liability for the obligation under the agreement. This rental agreement is effective when the Landlord or his Agent delivers a copy signed by all parties to the Tenant. The parties have signed this agreement induplicate on the day and year written above. The Tenant agrees that Landlord’s Agent may sign this agreement on Landlord’s behalf. ______________________________ Signature of Landlord or his Agent ____________________________ Signatures of Tenant(s)