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Ohio Residential Lease Agreement Template

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Ohio Residential Lease Agreement Template Page 2
Ohio Residential Lease Agreement Template
C. Returned Checks. In the event that any payment by Tenant is returned for insufficient
funds ("NSF") or if Tenant stops payment, Tenant will pay $_________ to Landlord for
each such check, plus late charges, as described above, until Landlord
has received
payment. Furthermore, Landlord may require in writing that Tenant pay all
future Rent payments by cash, money order, or cashier's check.
D. Order in which funds are applied. Landlord will apply all funds received from Tenant first to
any non-rent obligations of Tenant including late charges, returned check charges,
charge-backs for repairs, brokerage fees, and periodic utilities, then to rent, regardless of
any notations on a check.
E. Rent Increases. There will be no rent increases through the Termination Date. If this lease
is renewed automatically on a month to month basis, Landlord may increase the rent
during the renewal period by providing written notice to Tenant that becomes effective the
month following the ___
da
y after the notice is provided.
4. SECURITY DEPOSIT. Upon execution of this Ohio Lease Agreement, Tenant shall deposit with
Landlord the sum of $_______________ (which amount is not in excess of two months periodic
rent) receipt of which is hereby acknowledged by Landlord, as security for any damage caused to
the Premises during the term hereof. Landlord may place the security deposit in an interest
bearing account and any interest earned will be paid to Landlord or Landlord’s representative.
A. . REFUND. Upon termination of the tenancy, all funds held by the landlord as security
deposit may be applied to the payment of accrued rent and the amount of damages that the
landlord has suffered by reason of the tenant's noncompliance with the terms of this Ohio Lease
Agreement or with any and all laws, ordinances, rules and orders of any and all governmental or
quasi-governmental authorities affecting the cleanliness, use, occupancy and preservation of the
Premises.
B. DEDUCTIONS. Landlord may deduct reasonable charges from the security deposit for:
(1.) Unpaid or accelerated rent;
(2.) Late charges;
(3.) Unpaid utilities;
(4.) Costs of cleaning, deodorizing, and repairing the Property and its contents for
which Tenant is responsible;
(5.) Pet violation charges;
(6.) Replacing unreturned keys, garage door openers, or other security devices;
(7.) The removal of unauthorized locks or fixtures installed by Tenant;
(8.) Insufficient light bulbs;
(9.) Packing, removing, and storing abandoned property;
(10.) Removing abandoned or illegally parked vehicles;
Ohio Residential Lease Agreement Template