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Sample Monthly Rental Agreement

For viewing only.  Cannot be edited or printed.  To be signed in office.

THIS RENTAL Agreement is made on the 1st Day of xxxxx

The Landlord hereby agrees to rent to the Tenant, and the Tenant hereby agrees to rent from the Landlord, the premises described below pursuant to the terms and conditions specified in this agreement:

LANDLORD: Nick's Realty Trust                          TENANT(S)                         

                                                                                                                         

Address:  46 Chauncy Street                        Address:                                                    Mansfield, MA 02048 

           

1.   Rental Premises

The rental premises are those premises described as:  

 

2.   Term

            Term of the Rental Agreement shall be a month-to-month tenancy beginning on

 

3.   Termination

Either Landlord or Tenant may terminate the Rental Agreement at any time by giving the other party at least one full calendar month's prior written notice.

 

4.   Rent

The monthly rent amount for the rental premises is $ per month. The rent payment must be paid on the FIRST day of the month at the Landlord's address listed above. The first month's rent and the last month's rent are to be paid when Tenant signs this Rental Agreement. The Landlord need not give notice to Tenant regarding Tenant's obligation to pay rent.

 

5.   Security Deposit

       __ The Tenant shall make a Security and CLEANING deposit of $ to Landlord in order to ensure that Tenant complies with all terms and conditions of the Rental Agreement. If Tenant fully complies, Landlord will return the security and cleaning deposit within 4 weeks after the date Tenant delivers possession of the rental premises to Landlord. If Tenant does not fully comply with the terms of the Rental Agreement, Landlord may use the deposit to pay amounts owed by Tenant, including damages.

 

6.   Occupants

            The rental premises shall be occupied by the following persons only:

                                                                             

7.   Repairs

Tenant must take good care of the rental premises and all equipment and fixtures contained therein, Tenant is responsible and liable for all repairs, replacements and damages caused by or required as a result of any acts or neglect of Tenant, occupants, invitees or guests. If Tenant fails to make a needed repair or replacement, Landlord may do it and add the expenses to the rent.

 

8.   Alterations

Tenant must have Landlord's prior written consent to paint or wallpaper the rented premises or to install any paneling, flooring, partitions, and railings or make any other alterations. Tenant must not alter the plumbing, ventilation, air-conditioning, heating or electric systems. All the alterations, installations and improvements shall become property of the Landlord when completed and shall be surrendered as part of the Rented Premises at the end of the term. Landlord is not required to pay for any of the work performed under this section unless Landlord has agreed to pay in writing.

 

9.   Maintenance of Rented Premises

Tenant shall always maintain the premises in a clean and sanitary condition. At the end of the term, Tenant will leave the Rented Premises clean and in good condition besides any ordinary wear and tear. Tenant shall remove all Tenant's belongings at the end of the term.

 

10.  Assignment/Subletting Restrictions

Tenant may not assign this agreement or sublet the Rented Premises without the prior written consent of the Landlord.

 

11.  Utilities/Services

         Tenant is responsible for the payment of all utilities and services, except for the following

                  which will be paid by the Landlord: Household Trash Removal, (excluding large items and furniture removal) Snow Removal and Lawn Maintenance  

 

12.  Landlord's Right to Enter.

Landlord may, at reasonable times, enter the Rented Premises to inspect it, to make repairs or alterations, and to show it to potential buyers, lenders or tenants.

 

Tenant may NOT bring or KEEP pets of any kind in the Rented Premises without the prior written consent of the Landlord. (Initial _____________)

 

 14.  Laws and Regulations

Tenant must, at Tenant's expense, comply with all laws, regulations, ordinances and requirements of all municipal, state and federal authorities that are effective during the term of the lease agreement, pertaining to the use of the premises. Tenant must not do anything that increases the Landlord's insurance premium.

 

15.  Default/Abandonment.

If Tenant abandons or vacates the Rented Premises during the Term of this Rental Agreement, Landlord may elect to re-enter the premises, without liability for prosecution or owing damages to Tenant, and, at this option, relet the Rented Premises. If the Landlord opts not to relet the Rented Premises, Tenant shall be liable for the remainder of the rent due under the rental agreement until its expiration. If the Landlord relets the Rented Premises but is unable to relet the Rented Premises for as much rent as would have been paid by Tenant during the period between Tenant's abandonment and the end of the Term, Tenant shall be liable to Landlord for the difference. Landlord may also dispose of any property left by Tenant after abandonment without liability and apply the proceeds to reduce any monies owed.

 

 

  1. Legal Fees

If Landlord is successful in a legal action or proceeding between Landlord and Tenant relating to the non-payment of rent or recovery of possession of the Rented Premises, Landlord may, to the extent legally allowable, recover reasonable legal fees and costs from Tenant.

 

17.  Respectful Living

If the Tenant promptly pays the rent and obeys all of the other terms of this Agreement, the Tenant may remain in and use the Rented Premises without interference by Landlord. Landlord requests all Tenants to be always respectful of one another so as not to give rise to a contentious situation or create a hostile environment.

 

18.  Binding Obligations and Entire Agreement

This Rental Agreement is binding on Landlord and Tenant and those that lawfully succeed to their rights or take their place. Tenant and Landlord have both read this rental agreement and affirm that this rental agreement contains the entire and only agreement between the parties.

 

19.  Joint and Several Obligations

 If more than one person signs this Rental Agreement as a Tenant, the obligations of all Tenants shall be joint, with each Tenant assuming full liability for all of the obligations under this Agreement.

20.  Additional Terms and Conditions Agreed to by Both Parties:

  • Nick's Realty Trust requires a minimum term of occupancy of six months. Tenant's leaving within this time are subject to forfeiture of all deposits.

  • Late rent payments are subject to a $30.00 surcharge.

  • Unregistered vehicles and/or vehicle repairs are prohibited on Nick's Realty Trust property.

  • Parking stickers are required for all vehicles.

  • "Lock Out Charge:" If Tenant is unable to gain entry to the rented premises, and, such inability is not due to the Landlord, the Tenant is subject to a $25.00 fee to have the Landlord provide Tenant access to the Rented premises.

  • Locks must be changed without permission from Landlord

 

21.  Landlord strongly recommends that Tenant(s) acquire Renters Insurance in order to protect their personal

     Property.

 

This agreement is effective when Landlord delivers copy(ies) signed by all parties to the Tenant(s).

 

The parties have signed this agreement in duplicate when necessary below.

 

__________________________________

Landlord or Landlord's Authorized Agent

 

__________________________________

Tenant

 

___________________________________

Tenant

 

___________________________________

Date

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