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Alaska Residential Lease Agreement Form


Alaska Residential Lease Agreement Form
LEASE AGREEMENT 1
LEASE AGREEMENT
This Lease Agreement (“Lease”) is made between ___________________ of
__________________________, Alaska (“Landlord”), and _____________________, of
__________________________, Alaska (“Tenant”).
1. Premises. Landlord hereby leases Tenant a house (“the Premises”) located in
_____________, Alaska.
2. Term. The lease term will be for five (5) years commencing on
_______________________ and ending on _______________________.
3. Lease Payments. The total lease payment hereunder shall be one dollar ($1.00)
payable in advance.
4. Possession. Tenant shall be entitled to possession on the first day of the term of this
Lease, and shall yield possession to Landlord on the last day of the term of this Lease,
unless otherwise agreed by both parties in writing.
5. Use of Premises/Absences. Tenant shall occupy and use the Premises as a dwelling
unit. Tenant shall notify Landlord of any anticipated extended absence from the
premises not later than the first day of the extended absence.
6. Occupants. The Premises may not be occupied by more than _____ persons, unless
the prior written consent of Landlord is obtained.
7. Maintenance. Landlord shall have the responsibility to maintain the Premises in
good repair at all times and perform all repairs necessary to satisfy any implied
warranty of habitation.
8. Utilities and Services. Tenant shall be responsible for all utilities and services in
connection with the Premises for the term of this Lease.
9. Habitability. Tenant represents that it has inspected the Premises and fixtures, and
acknowledges that the Premises are in a reasonable and acceptable condition of
habitability for their intended use, and the agreed lease payments are fair and
reasonable. If the condition changes so that, in Tenant’s opinion, the habitability and
rental value of the Premises are adversely affected, Tenant shall promptly provide
reasonable notice to Landlord.
10. Defaults. Tenant shall be in default of this Lease if Tenant fails to fulfill any lease
obligation or term by which Tenant is bound. Subject to any governing provision of
law to the contrary, if Tenant fails to cure any financial or other obligation within 7
days after written notice of such default by Landlord, Landlord may take possession
of the Premises without further notice (to the extent permitted by law), and without
prejudicing Landlord’s rights to damages. In the alternative, Landlord may elect to
cure any default and the cost of such action shall be added to Tenant’s financial
obligations under this Lease. Tenant shall pay all costs, damages, and expenses
(including reasonable attorney fees and expenses) suffered by Landlord by reason of
Tenant’s defaults. All sums of money or charges required to be paid by Tenant under
this Lease shall be additional rent, whether or not such sums or charges are
Alaska Residential Lease Agreement Form
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