Oregon Lease Agreement

OREGON LEASE AGREEMENT

This Oregon Lease Agreement (the "Agreement") is made and entered into as of Effective Date: by and between Landlord Name: whose address for purposes of notice is and Tenant Name: whose address for purposes of notice is .

RECITALS

WHEREAS, Landlord is the lawful owner of certain real property and improvements located at Premises: (the "Premises"); and

WHEREAS, Tenant desires to lease the Premises from Landlord and Landlord desires to lease the Premises to Tenant upon the terms and conditions set forth in this Agreement.

WHEREAS, the parties intend that this Agreement set forth their entire agreement regarding the lease of the Premises.

NOW, THEREFORE

In consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant agree as follows:

1. LEASE OF PREMISES

Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the Premises identified above, together with the appurtenances, subject to the terms and conditions of this Agreement.

2. TERM

The term of this Lease shall commence on Commencement Date: and shall terminate on Termination Date: , unless sooner terminated as provided in this Agreement.

3. RENT

Tenant shall pay to Landlord monthly rent in the amount of $ due in advance on the day of each month at Landlord's address for notices or at such other place designated by Landlord in writing. All rent shall be payable without demand, deduction or setoff.

If rent is not received by Landlord within days after the due date, Tenant shall pay a late charge of $ and interest on the overdue amount at the rate of per annum or the maximum rate permitted by law, whichever is lower.

4. SECURITY DEPOSIT

Tenant shall deposit with Landlord upon execution of this Agreement the sum of $ as a security deposit to secure Tenant's faithful performance of this Agreement. The security deposit shall be held by Landlord and may be applied by Landlord toward unpaid rent, repair of damage beyond normal wear and tear, and other charges due under this Agreement. Any remaining balance shall be returned to Tenant following termination and delivery of possession, subject to applicable law.

5. USE AND OCCUPANCY

The Premises shall be used and occupied solely for residential purposes by Tenant and Tenant's immediate family and shall not be used for any unlawful purpose. Occupancy by additional persons in excess of persons requires Landlord's prior written consent.

Pets: Pets allowed with Landlord approval and additional deposit; No pets allowed. If pets are allowed, Tenant shall be responsible for all damage caused by pets.

6. UTILITIES

Unless otherwise agreed in writing, Tenant shall pay for all utilities and services required on the Premises, including but not limited to electricity, gas, water, sewer, garbage, telephone and internet. Landlord shall be responsible for payment of property taxes and structural insurance premiums unless otherwise agreed.

7. MAINTENANCE, REPAIRS AND ALTERATIONS

Tenant shall keep the Premises and all fixtures and appurtenances in a clean, sanitary and safe condition and shall promptly notify Landlord of any necessary repairs. Tenant shall be responsible for damage caused by Tenant's negligence or intentional acts. Landlord shall be responsible for repairs to the structural components and major systems of the Premises, subject to Tenant's prompt notification and reasonable access for repairs.

Tenant shall not make any alterations, additions or improvements to the Premises without Landlord's prior written consent. Any permitted alterations shall become part of the Premises and shall belong to Landlord upon expiration or termination of this Agreement unless otherwise agreed in writing.

8. ENTRY BY LANDLORD

Landlord or Landlord's agents may enter the Premises in the event of an emergency without prior notice. For non-emergency matters, Landlord shall provide Tenant with notice of intended entry in accordance with applicable law and shall make reasonable efforts to schedule entry at reasonable times. Unless prohibited by law, Tenant shall permit Landlord to show the Premises to prospective tenants or purchasers during the last days of the term.

9. ASSIGNMENT AND SUBLETTING

Tenant shall not assign this Agreement or sublet the Premises or any part thereof without the prior written consent of Landlord, which consent shall not be unreasonably withheld. Any permitted assignment or subletting shall not release Tenant from liability under this Agreement unless Landlord expressly agrees in writing.

10. DEFAULT AND REMEDIES

If Tenant defaults in the payment of rent or materially breaches any other provision of this Agreement, Landlord may pursue all remedies available at law or in equity, including termination of the tenancy, recovery of rent and damages, and recovery of costs and reasonable attorneys' fees incurred in enforcing Landlord's rights. Landlord's acceptance of partial payments shall not constitute a waiver of default unless Landlord expressly so agrees in writing.

11. HOLDOVER

If Tenant remains in possession of the Premises after the expiration or termination of this Agreement without Landlord's written consent, Tenant shall be liable for holdover rent at a rate of of the then-current monthly rent and for any other damages incurred by Landlord.

12. INSURANCE

Landlord shall maintain insurance on the building structure. Tenant is encouraged, at Tenant's expense, to obtain renter's insurance to cover Tenant's personal property and liability. Tenant shall be liable for damage to the Premises caused by Tenant, Tenant's guests or invitees and shall indemnify Landlord to the extent such damage or liability is caused by Tenant's acts or omissions.

13. INDEMNITY

Tenant shall indemnify, defend and hold Landlord harmless from and against all claims, liabilities, losses, damages, costs and expenses (including reasonable attorneys' fees) arising out of Tenant's use or occupancy of the Premises, except to the extent caused by Landlord's gross negligence or willful misconduct.

14. NOTICES

All notices required or permitted under this Agreement shall be in writing and shall be delivered personally, sent by certified mail, return receipt requested, or delivered by a nationally recognized overnight courier to the addresses set forth above or to such other address as a party may designate in writing. Notices shall be deemed given upon personal delivery, upon receipt of delivery confirmation by courier, or three business days after deposit in the mail.

15. AMENDMENTS AND WAIVER

No modification, amendment or waiver of any provision of this Agreement shall be effective unless in writing and signed by both parties. No failure or delay by either party in exercising any right or remedy shall operate as a waiver of that right or remedy.

16. GOVERNING LAW

This Agreement shall be construed in accordance with and governed by the laws of the State of Oregon, without regard to its conflict of law principles.

17. ENTIRE AGREEMENT

This Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, negotiations and understandings, whether oral or written.

18. SEVERABILITY

If any provision of this Agreement is held to be invalid, illegal or unenforceable, the remaining provisions shall continue in full force and effect and shall be construed so as to effectuate the original intent of the parties to the fullest extent permitted by law.

19. COUNTERPARTS

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.

20. ADDITIONAL PROVISIONS

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