Lease of House or Cottage as Vacation Property

Agreement made on the day of , 20, between , Inc., a corporation organized and existing under the laws of the state of , with its principal office located at (street address, city, county, state, zip code), referred to herein as Owner and of (street address, city, county, state, zip code), referred to herein as Tenant.

1. Owner leases to Tenant and Tenant leases from Owner, for the term of this agreement, the house (or cottage) located at (street address, city, county, state, zip code), and being hereafter referred to as Premises. Premises may be more particularly described as follows:

2. The term of this Lease is for week(s), beginning on at and ending on at . The rent for this Lease is $ per week, payable in advance. A nonrefundable deposit of $ shall be paid on or before in order to reserve Tenant's reservation. Said deposit will be applied to the rental for the first week. The balance of the rent of $ is due and must be delivered to Owner with this signed Lease Agreement no later than days prior to the commencement of the lease term. Payments must either be in cash or by check payable to Owner at .

3. The maximum occupancy of the Premises is persons. The Premises will be used during the above dates for no more than adults (persons age 18 or older) and children. No pets are allowed. No more than automobiles are allowed.

4. Tenant shall pay to Owner a security deposit of $. If Tenant fully complies with all terms of this Lease Agreement, Owner shall return the security deposit at the end of the lease term. If Tenant does not fully comply with the terms of this Lease Agreement, Owner may use security deposit to pay amounts owed by Tenant, including but not limited to damages, repairs, losses, charges, cleaning, and telephone. Owner shall return the security deposit to Tenant, less any deductions, after inspection of the Premises and receipt by Owner of the telephone bill [approximately weeks after the end of the lease term].

5. Owner shall provide water, electricity, and heating. Local telephone calls when available are free, with long distance calls to be charged to Tenant's calling card, credit card, or called party. No cleaning services are provided. Tenant must leave the Premises broom-clean upon departure.

6. All furniture, furnishings, boats, boating equipment, appliances, cooking and serving utensils, and other personal property of Owner shall be left in good order and repair by Tenant. If Tenant fails to leave such property in good order and repair, Owner may make repairs and charge Tenant the cost of repair over and above the security deposit. Tenant must not alter, change, or add to the Premises without permission from Owner.

7. The following items are not provided under this Lease: towels, linens, paper products, clear plastic bags, cooking charcoal, and gasoline (for boats). Tenant must provide these items.

8. No loud noise, including but not limited to loud music, is permitted. Tenant may cook only in the specific areas set aside by Owner for cooking. No open fires are allowed other than in the grill, outdoor fireplace, or in the stone hearth. The grill must remain in open area, away from trees, house, etc. All fires must be thoroughly extinguished before leaving unattended.

9. Tenant must sort plastic, glass, newspaper, and cans into separate trash receptacles from other garbage. All trash must be removed from the Premises upon checkout. Between and , Tenant must put sorted trash in the trash containers and recycling bins provided by Owner and leave the sorted trash out to be picked up on . All trash must be placed in clear plastic bags.

10. Owner has the right, at reasonable times, to enter the Premises to examine, make repairs, or show the Premises to potential tenants.

11. Tenant must keep the grounds neat and clean. No smoking is allowed inside the cottage (or house). No cigarette filters are to be left on the Premises, including the fireplace, before departure. Vehicles may be driven only on the driveway and must be parked in the parking area provided.

12. Owner shall not be responsible for the loss of or damage to property or injury to persons, occurring in or about the Premises, by reason of any existing or future condition, defect, matter, or thing in the Premises or for the acts, omissions, or negligence of other persons or tenants in and about the Premises. Tenant agrees to indemnify and hold Owner harmless from all claims and liability for losses of or damages to property or injuries to persons occurring in or about the Premises.

13. Tenant agrees to keep the Premises and all parts of the Premises in a clean and sanitary condition and free from trash, inflammable material, and other objectionable matter. Tenant agrees to keep the sidewalks in front of the Premises clean and free of obstructions. Tenant shall quit and surrender the Premises at the end of the term in as good, clean condition as the reasonable use of the Premises will permit.

14. Notwithstanding the foregoing, and anything herein to the contrary, any dispute under this agreement shall be required to be resolved by binding arbitration of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration Association then in force and effect.

16. Tenant may not sublet all or any part of the Premises or assign this Lease or permit other persons to use the Premises without prior written notification and agreement of Owner.

17. If Tenant breaches any provision of this Lease Agreement and fails to correct the default within days of notice from Owner, Owner has the right to immediately terminate this Lease Agreement, and Tenant must leave the Premises within 24 hours. In such event, Tenant shall continue to be responsible for all damages and losses, security deposit, and rent.

WITNESS our signatures as of the day and date first above stated.