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Sample Lease Agreement 1

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Sample Lease Agreement 1 Page 2
Sample Lease Agreement 1
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remedy, may choose to (1) cancel the Lease, in which event all monies (security
deposit, rent, etc.) will be returned to Tenants; or (2) accept occupancy at the
later date, in which event Landlord will prorate the rent to that date.
2.2 Obligations if Tenants leave or never take occupancy. It is expressly understood
that this Lease is for the entire Term regardless of whether one or more of
Tenants is unable to occupy or continue occupying the Premises. Accordingly,
Tenants obligation to pay rent hereunder shall continue for the entire Term.
3. Rent. The rent for the Term shall be Thousand Hundred Dollars
and no cents ($ , .00), to be paid in two installments of Thousand
Hundred Dollars and no cents ($ , .00) each: the first on or before August
, 20 ; and the second on or before December , 20 _. Rent is to be MAILED to
, 125 West Spring Street Oxford, OH 45056 sufficiently in advance of
the due dates so that it is received by the due dates, or the first business day thereafter.
Except by written addendum to this Lease, Tenants shall not be issued keys or be permitted
to occupy the Premises prior to the Lease Commencement Date or Landlord’s receipt of the
first installment payment of rent, whichever occurs later.
3.1. LATE PAYMENTS. If Tenants rent payment is more than 3 days late, Tenants will be
charged a late payment fee of $30.00 plus $6.00 per day from the due date to the date
payment is received.
3.2. RETURNED CHECKS. There will be a $30.00 charge for every occurrence of a check
being returned unpaid.
4. DEPOSITS. Tenants have paid, and Landlord acknowledges receipt of, a security deposit in
the amount of Thousand Dollars and no cents ($ , .00) (hereinafter the
“Deposit”). The Deposit shall be held by Landlord and shall not be applied toward any rent
payment. After the Lease has expired and ALL of Tenants have vacated the Premises,
Landlord will examine the property to ascertain damages. Within 30 days after the
termination of the Lease and delivery of possession of the Premises to Landlord, the Deposit
will be returned to Tenants, less any amounts due for damages suffered to the Premises and
less any other amounts due to Landlord. Landlord will itemize any deductions and deliver
such itemization in writing to Tenants with the balance of the Deposit. Tenants shall provide
Landlord, in writing, an address to which the itemization and any amount due from the
Deposit is to be sent. Unless otherwise notified in writing signed by all Tenants, Landlord
shall equally divide any amount due to Tenants from the Deposit among all Tenants.
5. EARLY MOVE-IN. At the discretion of Landlord, Tenants may be permitted to move in to
the Premises prior to the Lease Commencement Date. Early move-in requests must be
submitted to Landlord prior to ___July , 20_ __. All of the terms of this Lease shall apply
to Tenants’ early move-in and occupancy of the Premises. Rent for the early move in period
shall be Thirty Dollars and no cents ($30.00) per day per tenant moving in early. The rent
for the early move in period shall be paid in full in advance of the early move in.
6. VACATING PREMISES AND HOLDOVER. Tenants shall vacate the Premises and return all
keys to Landlord by the time the Lease expires. Upon vacating the Premises Tenants shall
make arrangements to have all carpets professionally cleaned. For each day one or more
Tenants hold over after the expiration of the Lease, Tenants shall be charged Thirty Dollars
and no cents ($30.00) per day multiplied by the number of tenants constituting full
Sample Lease Agreement 1
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