Occupied Property Agreement

OCCUPIED PROPERTY AGREEMENT

This Occupied Property Agreement (the "Agreement") is entered into between the parties identified below for the temporary occupancy of the real property described in this Agreement. The parties acknowledge that this Agreement sets forth the entire understanding regarding occupancy, fees, conditions, indemnities, and remedies.

Parties

Property Identification

Term of Occupancy

Occupant is granted permission to occupy the Property beginning on and ending on , unless earlier terminated in accordance with this Agreement. Time is of the essence with respect to any dates specified herein.

Possession shall be delivered in its present condition, subject to the Occupant's right to inspect prior to occupancy. Occupant acknowledges having inspected the Property and accepts the Property in its current condition except as otherwise agreed in writing.

Financial Terms

Utilities, Maintenance and Repairs

Responsibility for utilities and maintenance is as follows: Owner is responsible for and Occupant is responsible for . Occupant shall promptly notify Owner of any condition that requires repair or that creates a safety hazard.

Occupant shall not make structural alterations, material improvements, or install fixtures without prior written consent of Owner. Any unauthorized alterations may be removed at Occupant's expense and Occupant shall be liable for restoration costs.

Insurance and Indemnity

Occupant is strongly advised to obtain personal property and liability insurance. Occupant shall indemnify, defend, and hold Owner harmless from and against any claims, liabilities, losses, damages, costs, and expenses (including reasonable attorneys' fees) arising out of Occupant's use or occupancy of the Property, except to the extent caused by Owner's gross negligence or willful misconduct.

Access; Right to Inspect; Emergency Entry

Owner or Owner's agents may enter the Property upon reasonable notice for inspection, repairs, or to show to prospective purchasers, lenders, or contractors, except in emergency situations where no notice is required. Owner shall use reasonable efforts to minimize disruption to Occupant.

Condition, Inspections and Pre-Existing Damage

Occupant acknowledges receipt of a current condition report and agrees to return the Property in substantially the same condition, ordinary wear and tear excepted. Any pre-existing damage is noted as follows:

Disclosures

The Owner discloses the following known conditions affecting the Property:

Lead-based paint known    No known lead-based paint

Known mold or moisture issues    No known mold issues

Prior water or structural damage    No prior damage reported

Additional disclosures or remarks:

Default and Remedies

If Occupant fails to comply with any material term of this Agreement, Owner may provide written notice specifying the breach and a reasonable cure period not less than 3 days for monetary defaults and not less than 10 days for non-monetary defaults, unless a shorter period is permitted by law. If the breach is not cured within the stated period, Owner may pursue available legal remedies, including termination of occupancy, recovery of possession, damages, and costs of enforcement including reasonable attorneys' fees.

Termination; Surrender of Possession

Upon expiration or lawful termination of this Agreement, Occupant shall surrender possession of the Property and return keys, garage openers, and any issued access devices. Failure to surrender possession may subject Occupant to holdover liability and damages.

Governing Law; Entire Agreement

This Agreement shall be governed by and construed in accordance with the laws of the state in which the Property is located. This Agreement constitutes the entire agreement between the parties with respect to its subject matter and supersedes all prior negotiations and understandings. No amendment shall be effective unless in writing and signed by both parties.

Miscellaneous Provisions

If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall remain in full force and effect. Time is of the essence for all dates and deadlines in this Agreement. Notices under this Agreement shall be in writing and delivered to the addresses set forth above or to such other address as a party designates in writing.

The parties expressly acknowledge and agree that this Agreement creates a license or limited occupancy right and does not convey title to the Occupant, nor does it create a tenancy for a term greater than specified herein unless otherwise expressly stated in writing.

Acknowledgment

Each party represents and warrants that they have the full authority to enter into this Agreement, that the information provided is true and correct, and that their execution and performance of this Agreement will not violate any other agreement, law, or obligation.

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