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California Residential Lease Agreement 1

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California Residential Lease Agreement 1
California Residential Lease Agreement 1
California Residential Lease Agreement
THIS AGREEMENT (hereinafter referred to as the "California Lease
Agreement") is made and entered into this ____ day of _______________, 20____, by
and between ___________________________________ (hereinafter referred to as
"Landlord") and ________________________________________ (hereinafter referred
to as "Tenant." For and in consideration of the covenants and obligations contained
herein and other good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the parties hereto hereby agree as follows:
1. PROPERTY.Landlord owns certain real property and improvements located at
______________________ (hereinafter referred to as the "Property"). Landlord desires to lease the
Premises to Tenant upon the terms and conditions contained herein. Tenant desires to lease the
Premises from Landlord on the terms and conditions as contained herein.
2. TERM. This California Lease Agreement shall commence on
________________________ andshall continue as a lease for term. The termination date shall
be on ___________________ at 11:59 PM. Upon termination date, Tenant shall be required to
vacate the Premises unless one of the following circumstances occur:
(i) Landlord and Tenant formally extend this California Lease Agreement in writing or create
and execute a new, written, and signed California Lease Agreement; or
(ii) Landlord willingly accepts new Rent from Tenant, which does not constitute past due
In the event that Landlord accepts new rent from Tenant after the termination date, a month-to-
month tenancy shall be created. If at any time either party desires to terminate the month-to-
month tenancy, such party may do so by providing to the other party written notice of intention to
terminate at least 30 days prior to the desired date of termination of the month-to-monthtenancy.
Notices to terminate may be given on any calendar day, irrespective of Commencement
Date. Rent shall continue at the rate specified in this California Lease Agreement, or as allowed
by law. All other terms and conditions as outlined in this California Lease Agreement shall remain
in full force and effect. Time is of the essence for providing notice of termination (strict compliance
with dates by which notice must be provided is required).
3. RENT. Tenant shall pay to Landlord the sum of $______________ per month as Rent for the
Term of the Agreement. Due date for Rent payment shall be the 1st day of each calendar month
and shall be considered advance payment for that month. Weekends and holidays do not delay
or excuse Tenant’s obligation to timely pay rent.
A. Delinquent Rent. If not paid on the 1st, Rent shall be considered overdue and delinquent
on the 2nd day of each calendar month. If Tenant fails to timely pay any month’s rent,
Tenant will pay Landlord a late charge of $_________ per day until rent is paid in full. If
Landlord receives
the monthly rent by the 3
day of the month, Landlord will waive the
late charges for that month. Any waiver of late charges under this paragraph will not
affect or diminish any other right or remedy Landlord may exercise for Tenant’s failure to
timely pay rent.
B. Prorated Rent. In the event that the Commencement Date is not the 1st of the calendar
month, Rent payment remitted on the Commencement Date shall be prorated based on a
30-day period.
California Residential Lease Agreement 1