Coliving Lease Agreement

Coliving Lease Agreement

This Coliving Lease Agreement ("Agreement") is entered into on by and between Landlord Name: with principal address (hereinafter "Landlord"), and Resident Name: whose current address is (hereinafter "Resident").

RECITALS

WHEREAS, Landlord is the lawful owner or authorized manager of the real property located at (the "Premises"); and

WHEREAS, Landlord operates a coliving residence in which Residents lease private rooms and share common areas and services under unified terms; and

WHEREAS, Resident desires to lease a private sleeping area and license to use designated common areas subject to the terms and conditions set forth herein.

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties agree as follows:

1. PREMISES

Landlord hereby leases to Resident, and Resident hereby leases from Landlord, the private sleeping area described as Room or Space: located within the Premises at together with the non-exclusive right to use shared common areas and facilities designated by Landlord.

2. TERM

The term of this Agreement shall commence on and shall end on unless earlier terminated as provided herein. If no end date is provided, the tenancy shall continue month-to-month upon expiration of the initial term.

3. RENT AND CHARGES

Rent is due in advance on or before the day of each month. Payments shall be made to Landlord at the address for notices or as otherwise directed by Landlord in writing. If rent is not received within days after the due date, Resident shall pay a late charge of or the maximum permitted by law, whichever is less.

4. SECURITY DEPOSIT

Resident shall pay a security deposit in the amount of to secure performance of Resident's obligations. Landlord may apply the deposit to unpaid rent, repair of damage beyond reasonable wear and tear, and other amounts due under this Agreement. Any refund of the deposit shall be provided as required by applicable law, together with an itemized statement of deductions.

5. UTILITIES, SERVICES AND COMMON CHARGES

The following utilities and services are included in rent unless otherwise indicated by checking the corresponding box:

Electricity    Water    Internet    Regular Cleaning/Housekeeping

If utilities or common charges are not fully included, Resident agrees to pay Resident's share in the amount of per billing period or such other allocated share as determined by Landlord in good faith.

6. USE, OCCUPANCY, AND HOUSE RULES

Resident shall use the Premises only for residential purposes and in compliance with the House Rules established by Landlord. House Rules may include occupancy limits, quiet hours, guest policies, cleaning rotations, and booking of shared amenities. Resident acknowledges receipt of and agrees to comply with the House Rules.

Guests are permitted subject to the House Rules. Extended stays by guests (more than consecutive days) require prior written consent from Landlord.

7. MAINTENANCE, REPAIRS, AND ALTERATIONS

Resident shall maintain the private room in a clean and sanitary condition and promptly notify Landlord of any needed repairs. Landlord shall be responsible for repairs necessary to keep the Premises in habitable condition, except for damage caused by Resident's negligence or willful acts, which Resident shall promptly repair or reimburse Landlord for reasonable repair costs.

Resident shall not make structural changes or permanent alterations to the private room or common areas without Landlord's prior written consent. Any approved alterations shall become part of the Premises and may remain at the termination of this Agreement unless otherwise agreed in writing.

8. ENTRY BY LANDLORD

Landlord or Landlord's agents may enter the Premises to inspect, make repairs, show the Premises to prospective occupants or purchasers, or to address emergencies. Except in cases of emergency, Landlord shall provide Resident with at least hours' notice prior to entry. All entry shall comply with applicable law.

9. ASSIGNMENT AND SUBLETTING

Resident shall not assign this Agreement or sublet the private room or any portion of the Premises without Landlord's prior written consent, which consent shall not be unreasonably withheld for bona fide requests that do not materially increase occupancy or violate House Rules.

10. INSURANCE AND LIABILITY

Resident is responsible for obtaining renters' insurance covering Resident's personal property and liability. Landlord's insurance, if any, does not cover Resident's personal property. Resident shall indemnify and hold Landlord harmless from claims arising out of Resident's negligence or willful misconduct.

11. DEFAULT AND REMEDIES

If Resident defaults in the payment of rent or breaches any material term of this Agreement, Landlord may pursue all remedies available at law or in equity, including termination of tenancy, recovery of unpaid rent, damages, and costs of repair. Resident shall be responsible for reasonable attorney's fees and costs if Landlord enforces this Agreement through legal action, to the extent permitted by law.

12. EARLY TERMINATION; MOVE-OUT

Resident may not vacate the Premises prior to the expiration of the term without Landlord's written consent, except as otherwise provided by law. If early termination is permitted, Resident shall be liable for rent through the earlier of the end of the term or the date Landlord re-rents the private room, and for reasonable re-rental costs.

13. NOTICES

Any notice required or permitted under this Agreement shall be in writing and delivered personally, by certified mail, return receipt requested, or by nationally recognized overnight courier to the addresses below or to any other address designated in writing by a party.

14. GOVERNING LAW; ENTIRE AGREEMENT; SEVERABILITY

This Agreement shall be governed by and construed in accordance with the laws of the state in which the Premises is located. This Agreement, together with any rules and disclosures signed by the parties, constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior negotiations and agreements. If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.

15. AMENDMENTS; WAIVER; COUNTERPARTS

No amendment, modification, or waiver of any provision of this Agreement shall be effective unless in writing signed by both parties. No waiver by either party of any breach shall constitute a waiver of subsequent breaches. This Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument.

16. ADDITIONAL PROVISIONS

Sign Now