Fill and Sign the Chapter 119 an Act Concerning Construction Liens and Amending Form

U.S. Legal Forms, Inc. http://www.uslegalforms.com Form US-864LT Residential Lease Agreement, Page 1 RESIDENTIAL LEASE AGREEMENT This Residential Lease Agreement (hereinafter “Lease”) is entered into this ____ day of _____________, 20____, by and between the Lessor: ______________________________________, (hereinafter referred to as “Landlord”), and the Lessee(s): ____________________________________________________________________________________. All Lessees (hereinafter referred to collectively as “Tenant”), are jointly, severally and individually bound by, and liable under, the terms and conditions of this Lease. For the valuable consideration described below, the sufficiency of which is hereby acknowledged, Landlord and Tenant do hereby covenant, contract and agree as follows: 1. GRANT OF LEASE: Landlord does hereby lease unto Tenant, and Tenant does hereby rent from Landlord, solely for use as a personal residence, excluding all other uses, the personal residence located at, and described as: , including, if applicable, the following items of personal property: 2. NATURE OF OCCUPANCY: As a special consideration and inducement for the granting of this Lease by the Landlord to the Tenant, the personal residence described above shall be used and occupied only by the members of the Tenant’s family or others whose names and ages are set forth below: 3. TERM OF LEASE: This Lease shall commence on the _____ day of ____________, 20____, and extend until its expiration on the ____ day of _____________, 20____, unless renewed or extended pursuant to the terms herein. 4. SECURITY DEPOSIT: Upon execution of this Lease, Tenant shall deposit the sum of $___________ to be held by Landlord as a security deposit for reasonable cleaning of, and repair of damages to, the premises upon the expiration of this Lease. Tenant shall be liable to Landlord for all damages to the leased premises upon the termination of this Lease, ordinary wear and tear excepted. 5. Tenant [ ] IS, [ ] IS NOT, entitled to interest on the security deposit. Tenant may not apply the security deposit to any rent due under this Lease. If Landlord sells or assigns the leased premises, Landlord shall have the right to transfer Tenant’s security deposit to the new owner or assignee to hold under this Lease, and upon so doing Landlord shall be released from all liability to Tenant for return of said security deposit. Upon expiration of this Lease, the security deposit shall be applied to damages in accordance with the applicable laws of the State of ____________________. 6. RENT PAYMENTS: Tenant a