Vermont Green Mountain Real Estate Rental Lease Form
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Green Mountain Real Estate 395 College Street #4 Burlington VT 05401 (802) 734 -1566
GREEN MOUNTAIN REAL ESTATE RENTAL LEASE
THIS IS A LEGALLY BINDING CONTRACT, IF NOT UNDERSTOOD LEGAL
OR OTHER COUNSEL SHOULD BE CONSULTED BEFORE SIGNING.
This Agreement of Lease, made between Green Mountain Real Estate(www.rentinvt.com), Burlington, VT
(hereinafter referred to as the LANDLORD),and Tenant#1, Tenant #2 (hereinafter referred to as the TENANT(S)),
jointly and in consideration of the terms and conditions herinafter contained, the parties hereto agree as follows:
PREMISES:The landlord hereby leases to the Tenant the apartment 395 College Street #2,Burlington, VT 05401.
Unless indicated otherwise, the premises shall be used as personal, private residence, and not otherwise.No one, other
than the Tenant and Tenant’s children, shall be permitted to occupy the premises without the prior written consent of
the Landlord. This apartment includes 3off street parking spots.
1.TERM: This lease is to be for the term of one yearbeginning on June 1, 2006 and ending on May 31, 2007.
Landlord may, at any time and without notice, assign this Agreement and, in so doing, shall transfer to Assignee
all rights and powers contained herein. If Tenant should hold over and remain in possession of the leased premises
after the expiration of this Lease, without the Landlord’s consent, it shall not be deemed or construed to be a
renewal or extension of this Lease but shall only operate to create a tenancy-at-will, which may be terminated by
the Landlord without notice.At end of termif there should be a situation of holding over then the Tenant shall be
required to give to Landlord a 30 day notice in writingas to the Tenant’s decision to vacate premises at
termination of the original lease term or to extend said lease. Any request by Tenant to extend a leaseas a month to
month tenancy will be subject to the Landlord’s written consent. If Tenant fails to give any notice under this
provision, it will constitute a decision by the Tenant to vacate the premises at the termination of the original lease
2.RENT:The Tenant shall pay to the Landlord as rent $2100per monthfor 12 months (1 year). The tenant shall
pay to the Landlord or its authorized agent each of said installments postmarked on or before 12:00 midnight of the
first day of every month throughout the term of this Lease. Said rental payments shall begin on the first day of
the lease initiationand continue each and every month thereafter until paid in full.The payment of rent
hereunder and under any renewal or extension hereof, is an independent condition subsequent, the performance of
which shall entitle the Tenant to the continued use and possession of the above described premises.
3.SECURITY DEPOSIT:Landlord acknowledges, upon signing of this Agreement, receipt of one months rent as
a security deposit to be held by the Landlord and shall be applied at the Landlord’s discretion, to repair any
damages to the premises or to remedy any default of Tenant under terms of this Lease, and hereafter upon Tenant
vacating the premises and complying with all terms and conditions herein, Landlord will inspect the unit and
compute damages, if any, and refund the balance within fourteen days. The Security Deposit shall not be used as
the last month’s rent payment. Rent for the last month is due and payable on the first day of the month.
4.UTILITIES:Tenant shall pay for the followingutilities with respect to the demised premises: Heat___,
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