Property Rental Agreement

PROPERTY RENTAL AGREEMENT

This Property Rental Agreement ("Agreement") is entered into on by and between Landlord Name: (hereinafter "Landlord"), and Tenant Name: (hereinafter "Tenant").

WHEREAS

WHEREAS, Landlord is the lawful owner of the real property located at (the "Property"); and

WHEREAS, Tenant desires to lease the Property from Landlord for residential purposes and Landlord is willing to lease the Property to Tenant on the terms and conditions set forth in this Agreement.

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

1. SCOPE OF LEASE

The Property shall be leased to Tenant for the use and occupancy described below. Tenant shall use the Property only as a private residence and for no other purpose without the prior written consent of Landlord.

2. TERM

The lease term shall commence on and shall continue until unless terminated earlier in accordance with this Agreement.

Either party may terminate this Agreement by providing written notice no fewer than days prior to the intended termination date, except as otherwise provided by law or this Agreement.

3. RENT AND PAYMENT TERMS

Tenant shall pay to Landlord monthly rent in the amount of $. Rent is due on or before the day of each calendar month.

Payment shall be made by Tenant to Landlord by the agreed method: . Landlord may change the acceptable payment methods upon notice to Tenant.

If rent is not received within days after the due date, Tenant shall pay a late fee of $ or of the overdue amount, whichever is greater.

Tenant shall pay a security deposit of $ prior to occupancy. Deposit shall be returned within days after termination, less lawful deductions for repairs, unpaid rent, or other permitted charges, with an itemized statement of deductions.

4. UTILITIES, MAINTENANCE, AND REPAIRS

Utilities shall be allocated as follows: Landlord pays utilities: ; Tenant pays utilities: . Specific utilities or services included in rent:

Tenant shall maintain the Property in a clean and sanitary condition and shall promptly notify Landlord of any condition requiring repair. Landlord shall be responsible for repairs to structural elements, major systems (electrical, plumbing, heating), and appliances owned by Landlord, except where damage is caused by Tenant's negligence or misuse. Tenant shall be responsible for minor maintenance and repair items under $.

5. OCCUPANCY, PETS, AND ALTERATIONS

The Property shall be occupied by no more than persons without Landlord's prior written consent.

Pets allowed: . If pets are permitted, Tenant shall pay a pet deposit of $ and shall be responsible for any damage caused by pets.

Smoking on the Property: Tenant acknowledges smoking is .

Tenant shall not make structural alterations, additions, or improvements to the Property, or install fixtures or utilities, without Landlord's prior written consent. Subletting or assignment is permitted only with Landlord's prior written consent: .

6. ENTRY AND INSPECTION

Landlord may enter the Property to inspect, make repairs, or show to prospective tenants or buyers upon providing Tenant with not less than days' notice, except in the case of an emergency or where immediate access is required by law.

7. DEFAULT AND REMEDIES

If Tenant fails to pay rent or otherwise breaches any material term of this Agreement, Landlord may pursue all remedies available at law or equity, including termination of tenancy, recovery of possession, monetary damages, and recovery of attorney's fees and costs incurred in enforcing this Agreement.

8. CONFIDENTIALITY

The parties acknowledge that certain information exchanged in connection with this Agreement may be confidential. Both parties agree not to disclose financial records, credit information, or other nonpublic business information of the other party except as required by law or as necessary to enforce rights under this Agreement. Confidential information shall not include information that becomes publicly available through no fault of the recipient.

9. INDEMNIFICATION

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

10. GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to choice-of-law principles that would apply the laws of another jurisdiction.

11. ENTIRE AGREEMENT

This Agreement, including all attachments and written addenda signed by the parties, constitutes the entire agreement between Landlord and Tenant with respect to the Property and supersedes all prior oral and written agreements. Any modifications to this Agreement must be in writing and signed by both parties.

12. NOTICES

All notices under this Agreement shall be in writing and delivered personally or sent by certified mail, return receipt requested, or by other commercially reasonable means, to the addresses below or to such other address as a party designates by notice.

ADDITIONAL PROVISIONS

The parties acknowledge that they have read and understood this Agreement, know the contents, and sign voluntarily. Each party represents that they have the full right and authority to enter into this Agreement.

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