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Nevada Residential Lease Agreement
THIS AGREEMENT (hereinafter referred to as the "Nevada 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 Nevada 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 Nevada Lease Agreement in writing or create and
execute a new, written, and signed Nevada Lease Agreement; or
(ii)Landlord willingly accepts new Rent from Tenant, which does not constitute past due Rent.
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 Nevada Lease Agreement, or as allowed by
law. All other terms and conditions as outlined in this Nevada 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
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
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