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Lease Agreement 3


Lease Agreement 3
LEASE AGREEMENT
I. BASIC CONDITIONS
1. THE PARTIES IN THIS AGREEMENT ARE:
_________________________________________________________________________
The "Landlord" (in this lease the term "Landlord" means either the owner or his
agent.) AND
_____________________________________________________________the "Tenant/s"
2. PREMISES TO BE RENTED
Address: ___________________________________________________________
3. TERM
The landlord hereby leases to the Tenant the premises described above for a term of
ONE YEAR, from _____________ to______________________.
4. RENT
a) The monthly rent is $________, making a total amount under the lease of $_____
b) The rent is payable on the 25th day of the month.
c) If this lease starts on a day other than the day other than the day specified in
subsection b), the first ental payment shall be_______, the "pro-rata" rent for the
period from_______to_______. Thereafter, all rental payments shall be made in
accordance with subsection a) and b).
d) Rent payments shall be paid to: ____________________ At the following address:
_________________________________________________________________________________.
5. UTILITIES
Costs for items listed below shall be paid by the party indicated.
Landlord Tenant Landlord Tenant
Electricity ______ _____ Gas ______ _____
Water/Sewer ______ _____ Trash collection ______ _____
Other ______ _____ Other ______ _____
6. NUMBER OF PERSONS
a) The premises shall be occupied be no more than_______ persons, excluding children
born hereafter and short-term guests (less than 30 days in a calendar year), without
the prior written consent of the Landlord.
b) The tenant shall not sublet or assign the leased premises or any portion
thereof without the prior written consent of the Landlord.
7. USE OF PROPERTY
The Tenant shall use the premises solely for residential purposes.
8. INSPECTION OF PREMISES
a) At the start of the tenancy, the landlord and the Tenant shall inspect the
premises and shall record any existing damages to the premises on a check list
provided by the Landlord. Both parties shall receive copies of the completed check
list.
b) At the termination of the tenancy, the Landlord shall advise the Tenant of his
right to be present at the final inspection. If the Tenant desires to be present,
he shall tell the Landlord in writing. The Landlord then shall notify the Tenant of
the time and date of the inspection, which must be made during business hours and
within seventy two hours of the termination of occupancy.
9. DELIVERY OF POSSESSION
If the Landlord fails to make the premises available in a habitable condition
on the agreed date of the start of the tenancy, rent shall abate until delivery is
completed. If such failure to deliver possession is willful, then the remedies in
Section 55-248.22 of the Code of Virginia shall apply.
10. SECURITY DEPOSIT
a) The Tenant has paid the Landlord a security deposit of $______. At the
termination of the tenancy, the Landlord may retain part or all of the
Lease Agreement 3
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