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Wood Family Partnership Sample Lease

Jun 02, 2018

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  • 8/10/2019 Wood Family Partnership Sample Lease

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    9. Security Deposit: The Tenant has deposited with the owner the sum of $_______________as a security for the payment of the rent and for the faithful performance by the Tenant of allthe terms and conditions of this lease including, but not limited to, surrendering the propertyin good condition, reasonable wear & tear accepted. Owner agrees to inspect the premisesafter the tenant vacates the premises and before occupancy by another Tenant. The securitydeposit, less any amounts properly retained under the terms of this lease, will be mailed to

    the Tenant not more than thirty days after the tenant surrenders the premises, along with anitemized account of sums deducted for damages, etc. No security deposit will be returned toany Tenant occupying the premises for less than 12 months, unless otherwise providedherein. Tenant further agrees the deposit will not be used for any rent or charge payableduring the term of this lease.

    10. Utility Services: The owner agrees to provide the following utility services in reasonablequantities:___________________________.

    List utilities included or write none

    11. Conditions Of The Premises: Deficiencies of items of disrepair existing at the beginning ofthe term shall be itemized by the Tenant within five days after occupancy, by giving written

    notice to owner. In the absence of written notice from Tenant, within five days afteroccupancy, it shall be presumed the demised premises are in a fit and habitable conditionsave for such items, if any, as have been itemized by Tenant. Damages not so noted will becharged to the tenant at the time of Owners final inspection at the termination of occupancyand may be deducted by owner from the security deposit. Tenant acknowledges that Ownerhas no obligation to replace blinds or make other cosmetic repairs noted by Tenant.

    12. Repairs To Premises: The Tenant shall give the Owner prompt notice of any defects in oraccidents to the water or steam pipes, electrical wiring, heating apparatus, or any other part ofthe leased premises, and likewise shall give the owner prompt notice of any defects in oraccidents to the range, oven, refrigerator, dishwasher, air conditioning unit, washer and

    dryers, garbage disposal unit and any other fixtures that are now or may be placed in thepremises by the owner. The Owner agrees to use due diligence in repairing the said premisesand fixtures , except the Tenant shall be responsible for the presence, maintenance andbatteries of any smoke alarm. Tenant shall bear sole responsibility of repairing orreplacing broken glass, screens, doors and wood regardless of the cause of the damage andany other portions of said premises and fixtures whenever they have been damaged by themisuse or neglect of the Tenant, his family, servants, employees or guests. Tenant shall keepthe premises in clean and sanitary condition and free of pests. Failure of Tenant to changeHVAC filters on a monthly basis will result in a deduction of $250.00 from security

    deposit.

    13. Injuries To Persons & Property: Owner shall not be liable for any injury or damage topersons or property either caused by or resulting from wind, hail, fire, fallen plaster,dampness, overflow or leakage upon the property of water, rain, snow, ice sewage, treelimbs, steam , gas, or electricity, or by any breakage in or malfunctioning of pipes, plumbingfixtures, air conditioners, or appliances, or leakage, breakage, or obstruction of soil pipes, norfor the injury or negligence from any cause, unless any such injury or damage shall be theresult of willful misconduct or negligence of owner, and Tenant shall give prompt notice toowner of any of the forgoing occurrences, however caused. Tenant is required to procure

    1000.00

    NONE

    JD / J

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    renters insurance prior to occupancy and maintain coverage for the duration of

    occupancy.

    14. Assigning & Subletting: The Tenant shall not assign or sublet the premises during the termof this lease, without written consent of the owner, but such consent shall not beunreasonably withheld.

    15. Unlawful Use, Disturbance, Noises ETC.: The Tenant shall not use, or permit to be used,the leased premises for any unlawful purpose, or do or permit any unlawful act in or upon theleased premises. The Tenant shall not or permit to be made any disturbing noises or do orpermit any act which will unreasonably interfere with the rights, comforts or conveniences ofany other Tenants or people. The Tenant shall not play in a disturbing manner any musicalinstrument or radio, T V and stereo in the leased premises, and shall not conduct or permit tobe conducted vocal or instrumental practice at any time.

    16. Pets:No animals, birds, or pets of any kind, wild or domestic, shall be permitted, kept orharbored in the leased premises without Tenant having first obtained written consent of theOwner. If Owner gives consent, it shall not thereafter be unreasonably revoked during theterm of this lease. Revocation of such consent shall not be deemed to be unreasonablyrevoked where the revocation is due to the pet having constituted a nuisance, having becomedangerous to other tenants, their families, servants, employees, or guests or to Owner, orhaving been subject to reasonable complaints by other Tenants or neighbors. If Tenant has apet on the property without permission, a fee of $350.00 will be assessed.

    17. Installations; Damage To Premises: The Tenant shall not install in or on the premises anair conditioning unit, washing machine, antenna of any kind, water filled furniture (includingbut not limited to aquariums and water beds), portable heaters, wood-burning stoves or anyfixture that causes damage to the interior or exterior of the property, including the yard,without written consent of the Owner. Whether existing at the time of lease or installed by

    Tenant, any landscaping or other plants with roots firmly ensconced in the ground shall beconsidered a fixture and may not be removed by Tenant without Owners written permission.Tenant shall not install new locks on any door, interior or exterior. Tenant may install newburglary prevention and fire detection devices provided the installation does no permanentdamage to any part of the premises and a duplicate of all keys and instructions on how tooperate all such devices are given to the owner. The Tenant shall not damage or injure thefloors, walls, woodwork, or windows of the leased premises, reasonable wear & tearexcepted.

    18. Misuse Of Plumbing: The water closets and other water & sewer apparatus and fixturesshall not be used for purposes other than those for which they were designed, and no

    sweepings, sanitary napkins, disposable diapers, rags, ashes, or other improper articles shallbe thrown therein. Tenant shall regularly clean drains and remove hairballs, grease and fooddebris. The cost of repairing any damage resulting from misuse of any of the same shall beborne by the tenant.

    19. Condemnation: In the event the premises shall be taken or condemned for public purposeby proper authority, this lease terminates on the date of such taking and the entire award shallbe the sole property of the Owner.

    JD / J

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    20. Objectionable Conduct, etc. Owners Remedies: If the Owner shall at any time reasonablydeem that there has occurred materially objectionable conduct on the part of the Tenant, hisfamily, servants, employees, or guests, due to material annoyance or disturbance that effectother Tenants or neighbors, or due to material breaches of the terms and conditions of thislease, including but not limited to material breaches of the Rules & Regulations that are apart of this lease, then the Owner shall have the right and option to serve upon the Tenant a

    written notice specifying the acts and omissions constituting the breach and terminate thelease upon a date not less than thirty days after receipt of the notice, if the breach is notremedied in twenty one days.

    21. Wrongfully Vacating, etc., The Premises: If the Tenant shall wrongfully quit, vacate orabandon the leased premises, Owner may elect to accept such abandonment as a surrender ofthe lease and relet the premises. If the Owner rents the premises for a term beginning prior tothe expiration of this lease, this lease shall be deemed terminated as of the date the newtenancy begins. Tenant shall give Owner notice of anticipated extended absence of Tenantfrom the premises in excess of seven (7) days. During any such absence of Tenant, Ownermay enter the property at times reasonably necessary to protect the property and anypossessions of Tenant in or on the property.

    22. Owners Access To Leased Premises: Owner will have access during reasonable businesshours to inspect the premises, make necessary repairs, and during the last thirty days of theterm of this lease, to show the leased premises to prospective Tenants, but such access shallbe the right of the owner only if reasonable written, telephonic, or personal notice of ownersintent to enter the leased premises is given and Tenant consents, provided further however,the Tenant may not unreasonably withhold such consent. Owner may enter the Tenantspremises without first securing Tenants consent only when a bona fide emergency existswhich threatens serious loss, damage, or injury to persons or property, and Tenant can not bereached, or Tenant unreasonably withholds consent, or the emergency is of such a nature thatit would be unreasonable to require owner to attempt to secure Tenants consent.

    23. Waiver Of One Breach Not A General Waiver:No waiver of any breach of anycovenants, provisions or conditions contained in this lease shall be construed as a waiver ofthe covenant itself or of any subsequent breach thereof, and if any breach shall occur andafterwards be compromised, settled or adjusted, this lease shall continue in full force andeffect as if no breach had occurred.

    24. Attorneys Fees, etc.: Tenant hereby agrees to pay all costs, expenses, fees and chargesincurred by owner in enforcing, by legal action or otherwise, any of the provisions, covenantsand conditions of this lease including such attorneys fees as may be permitted by theVirginia Residential Landlord and Tenant Act. Any unpaid amounts due shall be charged

    an interest rate of ten percent (10%) per annum.

    25. Trash & Garbage: The owner may designate how and where garbage and trash may bestored and the manner of disposal of same.

    26. No verbal or oral promises that change or add to or contradict the above written

    provisions of this lease shall be effective, except as provided by law, therefore, all

    promises or representations should be made in writing.

    JD / J

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    27. Owner has no knowledge of the presence of any hazardous materials on the property,

    including but not limited to lead-based paint or asbestos-containing materials. Tenant

    agrees to hold Owner harmless and release Owner from all liability if hazardous

    materials are subsequently discovered.

    28. Disclosures: William C. Wood is a licensed real estate salesperson and a member of

    the ownership entity. No real estate company has any involvement in this transaction.

    29. Servicemembers Civil Relief Act. Any member of the United States armed forces or amember of the National Guard on full-time duty may terminate this rental agreement prior tothe end date if he/she has received permanent change of station(PCS) orders to depart 35miles or more (radius) from the location of the dwelling unit; or has received temporaryduty orders(TDY) in excess of three months' duration to depart 35 miles or more (radius)from the location of the dwelling unit; or is discharged or released from active dutywiththe armed forces of the United States; or is ordered to report to government-suppliedquartersresulting in the forfeiture of basic allowance for quarters.

    Servicemembers who qualify to terminate a rental agreement under this section must provide

    the landlord a written notice of termination effective on a specific date stated in the notice.The date of termination must be not less than 30 days after the first date on which the nextrental payment is due and payable after the date on which the written notice is given.Additionally, the termination date shall be no more than 60 days prior to the date of departurenecessary to comply with the official orders or any supplemental instructions for interimtraining or duty prior to the transfer.

    Prior to the termination date, Tenant shall furnish Owner with a copy of the officialnotification of the orders or a signed letter, confirming the orders, from the tenant'scommanding officer.

    (SIGNATURES ON FOLLOWING PAGE)

    JD / J

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    Signatures: In witness thereof of the owner and Tenant have executed this lease in duplicate asof the day and year first above written:

    Owner:___________________________________________ Date:_____________________

    Tenant:___________________________________________ Date:_____________________

    Date of Birth:_____________________ Social Security Number:_________________________

    Tenant:___________________________________________ Date:_____________________

    Date of Birth:_____________________ Social Security Number:_________________________

    Tenant:___________________________________________ Date:_____________________

    Date of Birth:_____________________ Social Security Number:_________________________

    John Doe 7-4-2014

    10-10-1972 123-45-6789

    Jane Smith 7-4-2014

    10-03-1976 987-65-4321

    JD / J

    Woo Fami y Partners ip LP y Sam Jones, Mgr 7-4-2014

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    ADDENDUM 1

    Tenant hereby agrees to abide by the following rules and regulations:

    1. Tenant will keep the premises in safe, clean, sanitary, vermin-free condition, including any exteriorareas allocated for Tenants use excepting reasonable wear and tear, and make no alterations oradditions thereon without the written consent of Owner. Tenant will maintain the premises in such a

    manner as to prevent water damage and mold growth, including keeping doors and windows closedduring rain or snow events.

    2. Tenant will replace all broken glass, repair any damage to interior or exterior walls, electrical orplumbing fixtures, screens, doors and other furnishings. If Tenant requests service from Owner,Tenant will be responsible for service charge if no repair is necessary, if appointment is broken or ifvendor cannot gain access.

    3. Tenant will keep sinks, lavatories, and commodes open provided they are open when the premises areaccepted. (Notice of any malfunction must be reported within 5 days of occupancy. Owner will pay toremove roots from sewer lines.);

    4. Tenant will use power, water and other utilities in a responsible manner and will insure that heating

    and air conditioning systems, plumbing systems, kitchen and laundry appliances and electricalsystems are properly maintained. Tenant will not permit utilities to the property to be disconnected orcut off. Tenant will repay Owner for any service to the heating system caused by Tenant's misuse orinadequate supply of fuel. Tenant will keep heating and air conditioning filters changed monthly

    5. Tenant will not allow any accumulation of waste, trash or debris inside or outside of the house, willkeep the areas of the lawn in his care properly cut and maintained and will not allow any inoperable,unlicensed or uninspected vehicles to be stored on the property. Tenant assumes all responsibility forany code violations and associated fines or fees issued as a result of Tenants occupancy.

    6. Tenant will not remove or tamper with any smoke detector or carbon monoxide detector, including theremoval of batteries so as to render it inactive.

    7. Tenant will not use the premises for any illegal activities, including but not limited to the possession,sale, manufacture or use of any controlled substance and will not permit such activity by his family,guests, employees or servants.

    8. Tenant will not keep on the premises any hazardous materials, explosives, flammable liquids ormaterials or any other items that might result in health or fire hazards.

    9. Tenant acknowledges receipt of Tenant Handbook outlining care and maintenance instructions.

    Owner:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    John Doe 7-4-2014

    Jane Smith 7-4-2014

    JD / J

    Wood Family Partnership, LPBy Sam Jones, Mgr 7-4-2014

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    ADDENDUM 2

    Pro-rated rent for early occupancy (if applicable):

    Lease term begins on the _______ day of _______________. ___________.

    Tenant will move in on:_________________________Date of Occupancy

    ____________ days X $___________ per day = _____________________________

    Tenant will pay this amount prior to occupancy

    Owner:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    1st August 2014

    July 15, 2014

    15 33.00 495.00

    John Doe 7-4-2014

    Jane Smith 7-4-2014

    JD / J

    Wood Family Partnership, Lby Sam Jones, Mgr 7-4-2014

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    ADDENDUM 3

    Security deposit installment plan (if applicable):

    Tenant has deposited $________________ towards the total security deposit amount of

    $___________________.

    The balance of $_______________ will be paid not later than _________________________

    Owner:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    900.00

    1000.00

    100.00 August 15, 2014

    John Doe 7-4-2014

    Jane Smith 7-4-2014

    JD / J

    Wood Family Partnership, LBy Sam Jones, Mgr

    7-4-2014

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    ADDENDUM 4

    Tenant is hereby granted permission to keep the following pet(s) in the home:

    Type of Pet Breed Pets Name Pets Age

    Tenant agrees to the following prior to allowing the animal to reside in the property:

    1. Tenant will provide a $100.00 non-refundable pet fee.(**Fee only waived for service animal with documentation)

    2. Tenant will provide evidence of Renters Insurance to Owner.

    3. Tenant will, upon termination of lease, have all carpets professionally cleaned anddeodorized and have the premises professionally exterminated.

    4. At no time will Tenant permit any aggressive breeds to occupy the property. Aggressivebreeds include, but are not limited to Pit Bull Terriers, Staffordshire Terriers, Rottweilers,German Shepherds, Presa Canarios, Chows, Doberman Pinschers. Akitas. Wolf-hybrids,Mastiffs, Cane Corsos, Great Danes, Alaskan Malamutes, Dalmations and SiberianHuskies.

    5. By signing below, Tenant releases Owner from all liability for injury or damage causedby animals residing in property.

    Owner:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    Dog Dachsund Spot 3Cat Tabby Fluffy 2

    John Doe 7-4-2014

    Jane Smith7-4-2014

    JD / J

    Wood Family Partnership, LP

    by Sam Jones, Mgr 7-4-2014

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    RECEIPT

    Funds received at Lease signing

    (Circle one)

    Cash provided: $________________________ Deposit Rent Pet Fee

    (Circle one)

    Check(s) provided: $________________________ Deposit Rent Pet Fee

    Check number(s): _________________________

    (Circle one)

    Money order(s) provided: $________________________ Deposit Rent Pet Fee

    Money Order number(s): _________________________

    TOTAL FUNDS PROVIDED AT LEASE SIGNING: $____________________________

    Owner:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    Tenant:_______________________________ Date:_____________________

    200.00

    495.00

    12345

    900.00

    12-3456789

    1595.00

    John Doe 7-4-2014

    Jane Smith 7-4-2014

    JD / J

    Wood Family Partnership, LPby Sam Jones, Manager 7-4-2014

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    ADDENDUM 5

    Lead-based paint disclosure forms as applicable

    JD / J

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    X

    X

    JD / J

    JD / J

    John Doe 7-4-2014 Jane Smith 7-4-2014

    Woo Fami y Partners ip, LPBy Sam Jones, Mgr 7-4-2014