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This is a lease agreement entered into between a landlord and a tenant on a month-to-month basis. Either party can terminate the relationship by giving at least one month notice. However, some states have reduced the one month notice requirement for termination, so make sure to check the applicable state laws before entering into this agreement. This agreement should be used by landlords that want to enter into a month-to-month lease agreements with tenants.
This is a lease agreement entered into between a landlord and a tenant on a month-to- month basis. Either party can terminate the relationship by giving at least one month notice. However, some states have reduced the one month notice requirement for termination, so make sure to check the applicable state laws before entering into this agreement. This agreement should be used by landlords that want to enter into a month-to-month lease agreements with tenants. MONTH TO MONTH RENTAL AGREEMENT ____________________________________ ________________________________ Last Name First Middle Last Name First Middle (thereinafter referred to as “Tenant”) (thereinafter referred to as “Landlord”) WITNESSETH: that for and in consideration of the mutual promises, covenants and conditions hereinafter set forth, Landlord and Tenant agree as follows: 1. TERM AND DESCRIPTION. Landlord does hereby lease to Tenant and Tenant does hereby lease from Landlord the premises described as ________________________________________________________________________ The term of the lease begins on ________________ and ends one month later, on __________________. The term of the lease is month to month. The total rent per monthly installment is ________________ ($______) Dollars. (i) PAYMENTS. An initial payment consisting of the final month's rent plus a security deposit equal to one month's rent must be paid to Landlord at the time the lease is signed. Subsequent rent is to be paid in monthly installments on or before the _______ ( ) day of each month without demand or notice, to ______________, or an appointed representative. Thirty days notice is needed for termination of the lease. WHERE THERE IS MORE THAN ONE LESSEE, EACH ONE IS RESPONSIBLE FOR THE PAYMENT OF THE TOTAL AMOUNT, REGARDLESS OF HOW YOU DIVIDE IT AMONG YOURSELVES. (ii) UTILITIES. In recognition of the urgency to conserve natural resources and to avoid undue expense, Tenant agrees to restrict usage of utilities to a conservative, yet comfortable level. Landlord will furnish the utilities checked: natural gas ___ electric power ___ water ___ garbage pickup ___ sewerage ___. Landlord shall not be liable for temporary suspension of any of the above listed utilities and a temporary suspension shall not be deemed grounds sufficient to terminate this lease or any part of this lease. (iii) SECURITY DEPOSIT The Security Deposit paid by Tenant shall be held by Landlord until this agreement is terminated. Tenant agrees to return to Landlord within two (2) weeks from the initial date of tenancy, an inventory of all furniture and furnishings, a list of apartment damages, and the general degree of cleanliness and condition of the same. The Security Deposit shall be returned to Tenant within thirty (30) days after termination of this agreement, less the following: (a) A reasonable cleaning expense if Tenant does not leave the premises in clean and rentable condition at the time Tenant vacates; (b) Cost for replacing keys, locks, or for locksmith services when keys are not returned within 48 hours of termination of the lease or vacating the premises; (c) Cost of repairs or replacements, decorating and/or refurnishing of the premises or any fixture, furniture or appliance caused by other than reasonable wear and tear; (d) Any rents, charges, or fees uncollected at termination of lease. TENANT MAY NOT CONSIDER TENANT'S SECURITY DEPOSIT TO APPLY AGAINST RENTAL PAYMENTS OR LATE CHARGES. Tenant will be provided with an itemization of all deductions from the security deposit within the same thirty (30) day period. (iv) TIMELY RENT PAYMENTS. Timeliness of rent payment is of the essence. A ten (10) dollar penalty will be assessed for any payment not made when due and an additional ten (10) dollar penalty for each full week thereafter. Penalty payment must accompany the installment. In the case of a returned check, payment will be considered made when the check is redeemed. (v) POSSESSION. Landlord shall attempt to have Tenant's apartment ready on the date stipulated on this lease but cannot be held liable for failure to do so. In the event delivery is delayed, rent shall be abated on a daily basis until you are offered possession. If Landlord is not able to deliver Tenant's apartment within seven (7) days of the date so stipulated, then, upon Tenant's request, Tenant's deposit and any prepaid rent will be refunded in full and this lease will become null and void. (vi) QUIET POSSESSION. Landlord hereby covenants that Tenant, upon payment of rent as herein reserved and performing all covenants and agreements
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