Lease Agreement

This Residential Lease Agreement (the "Agreement") is entered into on [Effective Date] (the "Effective Date") by and between

[Landlord’s name], [Landlord classification], with a mailing address at [Address], [City], [State] [ZIP Code](the "Landlord"), and

[Tenant’s name], having their usual place of living at [Address], [City], [State] [ZIP Code](the "Tenant"), collectively referred to as the "Parties" and individually as the "Party".

WHEREAS the Landlord operates the Premises specified in this Agreement;

WHEREAS the Tenant desires to rent the Premises for residential purposes;

WHEREAS the Landlord wishes to rent to the Tenant the Premises in accordance with the terms and conditions set forth in this Agreement;

NOW, THEREFORE, in consideration of the mutual promises and obligations set forth herein, and upon other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties have agreed as follows:

SUBJECT OF THE AGREEMENT. The Landlord agrees to lease [Type of the Premises] located at [Address], [City], [State] [ZIP Code], to the Tenant, in accordance with the terms and conditions set forth herein. [How many tenants will execute this Agreement] [Does the property include parking?] [Is the Tenant responsible for waste disposal?] [How will the security deposit be handled at lease end?]

The Tenant shall not make any structural alterations, modifications, or improvements to the Premises without obtaining prior written consent from the Landlord. Any alterations or improvements made with the Landlord’s approval shall remain on the Premises and may not be removed by the Tenant at the end of the lease term.

TENANT’S RIGHTS AND OBLIGATIONS. During the lease term, the Tenant undertakes to use the Premises under the following rules:

• Parking. The Tenant agrees to park only in designated areas and not obstruct driveways or sidewalks. The Tenant has access to [Number of parking spaces] parking spaces on the Premises.

• Trash. The Tenant shall dispose of all trash and recyclables in the designated containers and follow any recycling guidelines provided. Trash or debris must not be left outside designated containers or in common areas.

The Tenant shall not use the Premises for any illegal activity or permit any illegal activity on the Premises. The Tenant shall be responsible for ensuring that all people visiting the Premises with the consent of the Tenant also comply with the terms of this Agreement.

LEASE TERM. The lease term is a period from the start date to the end date specified in this Agreement.

The first day of the lease under this Agreement should be [Start Date](the "Start Date") and the last day of the lease under this Agreement should be [End Date] (the "End Date").

TERMINATION OF THE AGREEMENT. This Agreement shall commence on the Effective Date and shall continue until the End Date unless terminated earlier in accordance with the terms of this Agreement.

Either Party may terminate this Agreement without cause upon [Termination notice in days]-day prior written notice. This Agreement may be terminated immediately for cause if either Party fails to perform under the terms of this Agreement. [Other]

In addition, either Party may terminate this Agreement immediately upon written notice to the other Party if the other Party becomes insolvent or files for bankruptcy.

Upon termination of this Agreement, the Tenant shall pay the Landlord for all days of actual use of the Premises.

LEASE FEE AND PAYMENT PROCEDURE. The lease fee is $[Lease Fee] per month (the "Lease Fee"). The payments should be made on the last day of each month (the "Due Date").

All payments will be made on or before the Due Date by [Preferred payment channel].

UTILITIES. The Tenant shall pay for the following utility bills:

These payments are included in the Lease Fee.

PREMISES INSURANCE. The Landlord agrees to provide insurance for the Premises. The Tenant acknowledges that the Landlord’s insurance policy does not cover any personal property belonging to the Tenant and that the Landlord shall not be liable for any loss or damage to the Tenant’s personal property.

POSSESSION. The Tenant shall have full possession of the Premises during the Lease Term specified in this Agreement, subject to the terms and conditions set forth herein.

If the Landlord fails to provide the Tenant with full possession of the Premises on the Start Date, the lease term shall be reduced for the duration of the delay.

Upon the End Date, the Tenant shall remove the personal property and return the Premises in good condition, except for normal wear and tear.

The Tenant should pay for factual possession of the Premises for each day the Tenant retains possession after the End Date if the Tenant fails to return the Premises on the End Date. The payment for factual possession shall be calculated at a rate of $[Lease Fee] per day.

If the Tenant fails to return the Premises to the Landlord on the End Date, the Tenant shall be liable to pay the Landlord a penalty equal to $[Lease Fee].

MOVE-IN INSPECTION. The Tenant acknowledges, represents, and warrants that the Premises have been inspected and the Tenant is fully satisfied with its present condition.

NOTICE. Any notice, request, demand, or other communication required under this Agreement shall be sufficiently given if delivered personally or by certified mail, return receipt requested, to the address set forth in the opening paragraph or to such other address as one Party may have furnished to the other in writing, or to emails specified this Agreement.

Either Party may change the registered mail or email address for receipt of notices by giving written notice to the other Party.

The notices shall be deemed received on the day of delivery if sent by hand or courier service or after a period of 5 business days from the date of posting if sent by registered mail or email.

WARRANTY. The Landlord represents and warrants that the Landlord has the lawful right and authority to enter into this Agreement and lease the Premises.

The Tenant warrants to maintain the Premises in a clean, safe, sanitary, and tenantable condition, except for normal wear and tear. The Tenant shall promptly notify the Landlord of any necessary repairs or maintenance issues that may arise. The Landlord shall have the right to remedy the reported issues or may authorize the Tenant, in writing, to make minor repairs and routine replacements. If so, the Landlord shall compensate the Tenant’s expense spent for the repairs.

LIMITATION OF LIABILITY. The Landlord is obliged to maintain, repair, and change exterior and interior structural components of the Premises, perform major repairs, and change all major building systems, such as heating, ventilation, air conditioning, electricity, water, and gas. If the Premises are accidentally destroyed or rendered uninhabitable due to fire, flood, natural disaster, or any other unforeseen circumstances beyond the Parties’ control (the "Accidental Destruction"), and the Accidental Destruction is not caused by the Tenant’s negligence or willful misconduct, the Tenant shall not be held liable for the damages.

FORCE MAJEURE. Neither Party shall be liable for any failure to perform or delay in performing the obligations under this Agreement if such failure or delay is caused by events of force majeure, including but not limited to acts of God, war, terrorism, strikes, lockouts, labor disputes, pandemics, epidemics, governmental regulations, or any other similar cause beyond the reasonable control of the affected Party. In the case of force majeure, the affected Party shall immediately notify the other Party in writing and provide reasonable proof of the cause of the delay or inability to perform the obligations. The Party affected by force majeure shall endeavor to mitigate the consequences of such circumstances and resume the performance of obligations as soon as possible after the circumstances have ceased to exist.

ENTIRE AGREEMENT. This Agreement represents the entire understanding between the Parties and supersedes any prior oral or written agreements.

GOVERNING LAW AND DISPUTE RESOLUTION. This Agreement shall be governed by and interpreted in accordance with the laws of the State of [State], and any disputes arising out of or in connection with this Agreement shall be exclusively resolved by the courts of the State of [State].

CONFIDENTIALITY. The Parties agree to keep all information disclosed during this Agreement confidential and not to share such information with any third party unless required by law. The Parties agree not to use the confidential information for any purpose other than what is necessary to fulfill their obligations under this Agreement. This confidentiality clause shall remain in effect after the termination or expiration of this Agreement.

WAIVER. The failure of any Party to enforce a particular provision of this Agreement shall not constitute a waiver of their right to enforce that provision in the future.

SEVERABILITY. If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall still be valid and enforceable.

AMENDMENTS. This Agreement may be amended or modified only by a written agreement signed by both Parties.

BINDING EFFECT. This Agreement shall be binding upon the Parties and their respective successors and assigns.

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

THE LANDLORD

Full name: [Landlord’s name]

Address: [Address], [City], [State] [ZIP Code], USA

THE TENANT

Full name: [Tenant’s name]

Address: [Address], [City], [State] [ZIP Code], USA