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This is a legally binding agreement. It is intended to clarify the expectations and responsibilities of Lessor (landlord) and Lessee (tenant). All parties shall receive a copy of this document.
Terms
Length of Agreement Month to Month
Either party may cancel or change terms of this agreement upon thirty (30) days written notice. The notice period may be lengthened or shortened by written agreement. Minimum notice period is seven (30) days.
Rental Agreement
This lease, has been entered into this 1 day of April 2008 between (hereinafter referred to as Landlord and/or Lessor), and (hereinafter referred to jointly and severally as Lessee or Lessees). Lessor, in consideration of the rent to be paid, and the covenants and conditions to be performed by the Lessee(s) does hereby lease the following described Premises, a 3 bedroom unfurnished house located at County of Wayne (hereinafter referred to as the Premises).
The term of the lease shall be month-to-moth from noon of 1 April, 2008. Lessee agrees to pay as rent for Premises the total sum of $650.00 (Six hundred dollars and zero cents). This sum will be paid without demand in one (1) monthly installments of $650.00. The monthly rent is due in advance on or before the first day of each month during the lease term. All rent is to be paid by check, money order and/or cash made payable to Landlord].
If there is more than one Lessee, the monthly rental payment must be by one check or money order. Payments must show Lessee's name, address, and remitter's phone number. Any payment that is returned from the bank is subject to a Thirty Dollar ($30.00) returned check charge, and if applicable, the late charge noted above.
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