Rental lease

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RENTAL LEASE

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 In consideration of the agreements stated herein, the Tenant(s), known as _____________________________________________________And the Landlord/Agent,  _____________________________________________________________________, hereby rents them the dwelling located at _________________________________________________________

For the period commencing on the ___________ day of ____________________________, 20____, and  ending on _____________________________, 20_____, at which time this agreement is terminated. Tenant(s), in consideration of Owner's permitting them to occupy the above premises, hereby agree(s) to the following

Monthly Rent   $ _______

Security Deposit    $ _______

Key Deposit $ ______

Real Estate Commission   $ ________

TOTAL Due at Lease Signing   $ __________ 

1.  TERM   the term hereof shall commence on ___________________________, 20_______.

                    The term hereof shall end on           ___________________________, 20_______.

Tenant agrees to cooperate with Owner in the showing of the premises for sale or re-rental and agrees to make premises accessible and in presentable condition once notice is given to vacate.

2.   RENT   Rent shall be $_________ per month, payable in advance, upon the ___1st___ day of each calendar month to Owner or his authorized agent, at the following address: 522 No. 19th St. Bessemer, AL 35023

Or at such other places Owner may designate. Rent must be paid in full and no amount subtracted from it. Tenant may be required to pay other charges to Owner under the terms of this lease. They are to be called "added rent".  Added rent charges can result when Owner or his agent must pay for any expenses, which are the tenant's responsibilities under the terms of the lease. This added rent is payable as rent, together with the next monthly rent due. If tenant fails to pay added rent on time, Owner shall have the same rights against tenant as if it were a failure to pay rent.

   The whole amount of rent is due and payable when this lease is effective. Payment of rent in installments is for tenant's convenience only. If tenant defaults, Owner may give notice to tenant that rent may no longer be paid in installments, and the entire rent for the remaining part of the term will be due and payable.

 3.   LATE FEES   In the event rent is not paid by the  ______4th______(___3rd____) day after due date, Tenant agrees to pay a late charge of $____50.00_____. Tenant agrees to further pay $____50.00_______ for each dishonored bank check.  

4.   UTILITIES    Tenant shall be responsible for the payment of all utilities and services.

 5.   USE   The premises shall be used as a residence by the undersigned tenants with no more than ______ adults and ____ children, and for no other purpose, without written consent of the Owner. Occupancy by guests staying over _7__ days will be a violation of this provision. In the event any other people occupy and live in this rental, in

any capacity, without Owner's written consent, it will constitute a breach of this lease and it is agreed that the rent will be increased $______ per person per month, and the Owner at his sole option may terminate this lease.

6.   PETS   No pets shall be brought on the premises without prior written consent of the Owner.

7.   HOUSE RULES   In the event that the premises are a portion of a building containing more than one unit, or a single family dwelling, Tenant agrees to abide by any and all house rules, whether initiated before or after the execution hereof, including but not limited to rules with respect to noise, odors, disposal of refuse, pets, parking and use of common areas.

8.   MAINTENANCE, REPAIRS OR ALTERATIONS   Tenant acknowledges that the premises are in good order and repair, unless otherwise indicated herein. Tenant shall at his own expense, and at all times, maintain the premises in a clean and sanitary manner including all equipment, appliances, furniture and furnishings therein and shall surrender the same at termination hereof, in as good condition as received, normal wear and tear excepted Tenant shall be responsible for damages caused by his negligence and that of his family, invitees or guests.

PAINT   Tenant shall not paint, paper or otherwise redecorate without the prior written consent of the Owner. Owneror his authorized agent must approve all paints and materials and work plans in writing.

GROUNDS   Tenant shall be required to irrigate and maintain any surrounding grounds, including the trimming of lawns, trees, shrubbery and keep same clear of leaves, rubbish and weeds. Tenant is responsible for snow and ice removal from walks, driveways, steps and any areas where safety should be observed. It is agreed that Tenant shall not use any salt on stoops or walkways. Calcium chloride is recommended instead for de-icing, and is not harmful to the masonry.

ADDITIONAL ITEMS. Should Tenant attach any fixtures, blinds or any other objects to the real property by nails, screws or glue, it is agreed that these objects will remain with the premises and be may be subject to cost of removal at Owner’s discretion Tenant is responsible for minor repairs. Repairs resulting less than $___100.00_____ shall be deemed minor repairs. Should Tenant neglect maintenance responsibilities, Owner or agent may assume them on Tenant's behalf and any expenses incurred by Owner in connection therewith shall be additional rent (added rent), payable to Owner on demand.

9.   ORDINANCES & STATUTES   Tenant shall comply with all statutes, ordinances and requirements of all municipal, state and federal authorities now in force, of which may hereafter be in force pertaining to the use of the premises.

10.   SPACE "AS IS” Tenant has inspected the premises. Tenant states that they are in good order and repair and takes premises "as is". Tenant’s Initials     _________     _________    __________

11.   ASSIGNMENT AND SUBLETTING   Tenant shall not assign this agreement or sublet any portion of the premises.

12.   APPLIANCES    The dwelling may contain various appliances, such as stoves, microwave ovens, refrigerators, dishwashers, laundry machines, garbage disposals and compactors, central or individual air conditioners, dehumidifiers, automatic garage door opener, etc.  If appliances are equipped with manuals and/or warrantee papers, Tenant shall not lose or discard these documents, and will be responsible for their return.  All washer/dryer installations must be approved and authorized by Owner in writing. Tenant also agrees to turn off water supply to washing machine when it is not in use.

13.   PLUMBING STOPPAGES   Tenant is responsible for all plumbing stoppages. Tenant is responsible for the cleanup of waste spills as a result of any plumbing stoppages. As a preventative measure, it is recommended that Tenant have waste lines cleaned annually.

14.   HEATING AND COOLING SYSTEMS   It is the responsibility of the tenant to maintain clean air filters

To the Central air conditioning or individual units, the air conditioning equipment care and maintenance shall be the tenant's responsibility, unless otherwise specified herein. Electric and kerosene heating units are prohibited without Owner's written permission.

15.   RIGHT OF ENTRY FOR PERIODIC INSPECTION   The Owner or his agent may enter the premises with prior consent of the tenant, or with 24 hours written notice to any tenant on the premises to be entered. The Owner may enter during reasonable hours and for the purpose of inspecting the premises, making necessary or agreed repairs, decorations, alterations or improvements, supplying necessary or agreed services, or exhibiting the dwelling unit to prospective or actual purchasers, mortgagees, prospective tenants, workmen, contractors, or insurance inspectors.    The Owner shall be deemed to have given 24 hours written notice by posting a notice in a noticeable place stating such intent to enter, at least 24 hours before the intended entry. However, in the event of an emergency constituting a danger to life, health or property, the Owner or his agent may enter the property at any given time without the consent of or notice to the tenant.  

16.   INDEMNIFICATION   Owner shall not be liable for any damage or injury to the tenant, or any other person or to any property, occurring on the premises or any part thereof, or in common areas thereof, unless such damage or injury is the proximate result of the negligence of the Owner, his agents or employees. Tenant agrees to hold Owner harmless from any claims from damages, no matter how caused except for injury and damages for which Owner is legally responsible. 

17.   POSSESSION   If Owner is unable to deliver possession of the premises at the commencement hereof, Owner shall not be liable for any damages caused thereby, nor shall this agreement be void, but Tenant shall not be liable for any rent until possession is delivered. Tenant may terminate this agreement if possession is not delivered within ___30___ days of the commencement of the term hereof.

18.   SECURITY   The security deposit set forth, shall secure the performance of the tenant's obligations herein. Owner may, but shall not be obligated to apply all or portions of said deposit on account of Tenant's obligations herein, including, if Tenant is in default of this lease, attorneys fees to recover the premises from the tenant. Any balance remaining upon termination shall be returned to the tenant. Tenant shall NOT have the right to apply Security Deposit in payment of any rent. Security deposits must be raised proportionately with rent increases.

19.  WAIVER   No failure of Owner to enforce any term hereof shall be deemed a waiver, nor shall any acceptance of partial payment be deemed a waiver of Owner's right to the full amount thereof. This lease supersedes any other lease on the premises during the term stated herein. No terms in this lease shall be deemed waived, regardless of any conflicting terms or rules in any governmental rent assistance programs.

20.   DEFAULT   If Tenant shall fail to pay rent when due, or perform any term hereof, after not less than (14) days written notice of such default given in a manner required by law, the Owner, at his option, may terminate all rights of the tenant herein, unless Tenant within said time shall cure such default. If Tenant abandons or vacates the premises while in default of the payment of rent, Owner may consider any property left on the premises to be abandoned and may dispose of the same in any manner allowed by law. In a proceeding to get possession of the premises, Tenant agrees to make no motions to the court concerning issues such as habitability or delaying the legal process with requests for additional time. Tenant waives all rights to return to the premises after a court returns

Possession to Owner. Tenant agrees to waive rights to trial by a jury in any matter, which comes up between the parties under or because of this lease. Tenant shall not have the right to make a counterclaim or set off. 

21.   ATTORNEY'S FEES   In any legal action to enforce the terms hereof or relating to the premises, regardless of the outcome, the Owner or agent shall be entitled to all costs incurred in connection with such action, including a reasonable attorney's fee.

 22.   NOTICES   Any notice which either party may or is required to give, may be given by mailing the same, by certified mail, to Tenant at the premises, or to Owner at the address shown below or at such other places as may be designated by the parties from time to time.

Tenant is required to notify Owner in writing of Intention to Vacate or Intention to Re-new at least ___60___ days before the expiration of this lease. Tenant agrees to follow instructions provided in the Intention to Vacate form and the Intention to Re-new form. Owner or Agent may give Tenant 10 days advance written notice to vacate.

Tenant agrees to immediately notify Owner or Agent in writing by certified mail of any dangerous or hazardous conditions existing on the premises.

23.   OPTION TO RE-NEW LEASE   Tenant has the option, providing the terms and conditions of this lease have been complied with and satisfied, to re-new this agreement for a period of __1 year __, at an annual increase of Negotiated Rent,    

24.   HOLDING OVER   Any holding over after expiration hereof, with the consent of the Owner, shall be construed as a month-to-month tenancy in accordance with the terms hereof, as applicable. The terms and conditions of this lease will continue to apply.

25.   TIME   Time is of the essence of this agreement.

26.   INSURANCE    Tenant agrees to obtain a "Renter's Insurance" policy and to provide Owner or agent with a copy of policy within seven (7) days of lease execution.

27.   SUCCESSORS    This lease is binding on all parties who lawfully succeed to the rights or take the place of the Owner or Tenant.

 28.   TENANCY & SERVICE OF PROCESS   Every tenant who signs this agreement agrees to be fully responsible jointly and severally for all items agreed herein, and furthermore agrees to be the agent of the other tenants and occupants of the premises and is both authorized and required to accept on behalf of the other tenants and occupants, service of summons and other notices relative to the tenancy.

29.   BANKRUPTCY   If (1) Tenant assigns property for the benefit of creditors, (2) Tenant files a voluntary petition or an involuntary petition is filed against Tenant under any bankruptcy or insolvency law, or (3) a trustee or receiver of Tenant or Tenant's property is appointed, Owner may give Tenant 30 days written notice of the cancellation of the term of this lease. If any of the above is not fully dismissed within the 30 days, the term shall end as of the date stated in the notice. Tenant must continue to pay rent, damages, losses and expenses without offset. 

30.   SMOKE DETECTOR (S. Tenant(s) agree to test these safety devices on a regular basis (2-3 times per month), and to report any problem with them immediately to owner in writing. Tenant agrees to replace the battery for the smoke detector as necessary with a new alkaline battery. 

31.   ILLEGALITY - SEVERABILITY   If any part of this lease is not legal according to local laws, the rest of the lease will be unaffected.  Illegal activity of Tenant(s), invitees or guests on premises constitutes a breach of this lease.

32.  FORMS AND NOTICES   Tenant acknowledges receiving the following forms, understands and agrees to   follow instructions therein.

                      Notice to Vacate or re-new Form                             List of Move-Out Charges                

                          Move-In Inventory & Condition Form                       Lead Paint Disclosure

33.   OCCUPANTS.     Only the following named person(s) shall occupy the Premises:

Name______________________________________________Birth Date (if a minor)______________

Name______________________________________________Birth Date (if a minor)______________

Name______________________________________________Birth Date (if a minor)______________

Name______________________________________________Birth Date (if a minor)______________

Name______________________________________________Birth Date (if a minor)______________

No one else may occupy the Premises. Tenant agrees that it shall be a material violation of this Lease Agreement if a guest or invitee occupies the Premises for: 1) a period of seven (7) consecutive days or more; or 2) any portion of thirty (30) days or more within any given ninety (90) day period, without obtaining the advance written consent of the Owner.

34.   ENTIRE AGREEMENT The foregoing constitutes the entire agreement between the parties and may be modified only an official change of terms notice issued by the owner/agent in writing, or a writing signed by both parties. The following exhibit has been made a part of this agreement before the parties' execution hereof:

THE UNDERSIGNED TENANT (S) ACKNOWLEDGES RECEIPT OF A COPY HEREOF.

 DATE: _____________________

LANDLORD__________________________________________

OWNER/AGENT_______________________________________________

TENANT_____________________________________________   S.S.#_____  ____  _____

TENANT_____________________________________________   S.S.#_____  ____  _____

TENANT_____________________________________________   S.S.#_____  ____  _____

TENANT_____________________________________________   S.S.#_____  ____  _____

TENANT_____________________________________________   S.S.#_____  ____  _____

 

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Email: bill@billbailey.net for more information. Call direct (205) 533-5431

"YOUR SATISFACTION IS OUR NUMBER ONE PRIORITY"

 

 

Bill Bailey, Assoc Broker

Office  205-428-9301

Fax     205-428-9370

Cell     205-533-5431

email: Bill@BillBailey.net

 

 email: bill@billbailey.net

 

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