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RENTAL LEASE AGREEMENT
This Lease Agreement is dated __________________, by and between Shelby Edwards ("Landlord"), and ___________________________________ and ___________________________________ ("Tenant"). The parties agree as follows:
PREMISES. Landlord, in consideration of the lease payments provided in this Lease, leases to Tenant the Premises located at 303 Gold St., Juneau, Alaska 99801.
TERM. The lease term will begin on __________________ 20____ and will terminate on __________________ 20____.
LEASE PAYMENTS. Tenant shall pay to Landlord lease payments of $_______________ plus $______________ deposit, payable in advance on the first day of each month. Lease payments shall be made to Shelby Edwards at 315 Gold St., Juneau, AK, 99801.
A Co-signer will be liable for any unpaid financial responsibilities and held accountable for all agreements in this lease.
OCCUPANTS. No more than 2 person(s) for any units may reside on the Premises unless otherwise arranged with the landlord. A fee of $50 will apply for each additional person.
POSSESSION. Tenant shall be entitled to possession on the first day of the term of this Lease, and shall yield possession to Landlord on the last day of the term of this Lease, unless otherwise agreed by both parties in writing. At the expiration of the term, Tenant shall remove its goods and effects and peaceably yield up the Premises to Landlord as in same condition as when delivered to Tenant.
Tenant is responsible for all rents and fees due up to the last day of the said lease.
Premises will be accepted in “as is” condition and no major repairs or renovations will be done unless deemed a safety hazard to the tenant.
TERMINATION. If a tenant lease is terminated due to a violation of the lease a $200 fee will apply and any advertising fee’s associated with re-renting the unit along with any lost rent fee’s that occurred during that period.
If approved by the owner a tenant can break the lease but a penalty of $200 will be applied for any early departures from the lease. The tenant will also be charge for any advertising associated with re-renting the unit and any lost rent fees that occur during that period. Any new tenants will have to be screened and pre-approved by the landlord before moving in.
SECURITY/CLEANING DEPOSIT. At the time of the signing of this Lease, Tenant shall pay to Landlord, in trust, a security/cleaning deposit of $500.00 to be held and disbursed for Tenant damages to the Premises or other defaults under this Agreement as provided by law. Landlord will retain only that portion of Tenant's security deposit necessary to pay accrued rent or compensate Landlord for damages and unnecessary cleaning suffered by reason of Tenant's failure to maintain the dwelling unit. The deposit cannot be used to pay for unpaid rent unless agreed to by owner. If you decide to leave early during the period of your lease no refunds or credits will be allowed for any moneys paid in advance. Tenant is responsible for fees up to the last day of the lease.
The tenant shall return the unit in the exact condition it was acquired except for normal wear and tear. This includes excessive dirty carpet and unclean floors, appliances and furnishings and wiping down all counters, cupboards, toilets, showers, sinks, walls, cabinets, windows, doors and closets.
If the unit does not meet the landlords approval a cleaning fee of $50 will be charged towards your deposit to get the unit back into the same condition it was acquired, $100 for extreme cases.
Tenants will arrange with the owner to have the unit inspected 24 hours prior to moving out. If on the last day the unit has not met the landlord’s approval a cleaning fee will apply.
Deposits will be returned 24 hours after moving out and only after all units are cleaned, damages fixed and back payments are collected.
LATE PAYMENTS. For any payment that is not paid by the 9pm on the 4th of each month, Tenant shall pay a late fee of $25.00. A fee of $25 will be charged every 3 days afterwards until the 15th of that month in which the tenant will be in default of the lease and subject to eviction. If the tenant goes past said date they will forfeit there deposit and be responsible for all rents and fees occurred until the end of there lease agreement.
NON-SUFFICIENT FUNDS. Tenant shall be charged $25.00 for each check that is returned to Landlord for lack of sufficient funds. Any late fee’s associated with the period during a returned check will also be applied.
KEYS. Tenant will be given 1 key to the Premises. Tenant shall be charged $10.00 for each key not returned.
All units will remain locked when tenant is not at home.
GUESTS. Tenant will be responsible for all damage or liabilities of there guests. Only tenants will be in possession of keys to unit. Also tenants will only be in possession of the access code to the front door unless otherwise approved by the landlord.
PETS. Pets are not allowed.
FURNISHINGS AND APPLIANCES. All furnishings and appliances will be provided by Landlord. Tenant shall return all such items at the end of the lease term in a condition as good as existed at the beginning of the lease term, normal wear and tear excepted. Any damages to furnishings or appliances will be deducted from the deposit. All furnishings, appliances and wall pictures will be returned back to there original placement or a charge may apply. No furnishings or appliances will be removed or added to the unit without prior consent from the landlord.
PROPERTY INSURANCE. Landlord and Tenant shall each be responsible to maintain appropriate insurance for their respective interests in the Premises and personal property located on the Premises.
MAINTENANCE. Landlord shall have the responsibility to maintain the Premises in good repair at all times and perform all necessary repairs except when Tenant is responsible for damaged caused by self or guests.
Any damage or defects found in the dwelling need to be reported immediately to the landlord. This includes water leaks or damage, structural damage, foundation damage, electrical, utility and plumbing damage. Also included is damage to floors, carpets, appliances, sinks, toilets, counters, doors, furnishings, showers, walls, cabinets, closets, lights, windows and window shades.
USE OF PREMISES/ABSENCES. Tenant shall occupy and use the Premises as a dwelling unit. Tenant shall notify Landlord of any anticipated extended absence from the Premises no later than the first day of the extended absence. Any other person besides the Tenant staying in the unit needs to be authorized by the landlord.
TERMINATION UPON SALE OF PREMISES. Notwithstanding any other provision of this Lease, Landlord may terminate this lease or pass it on to new owners upon 30 days' written notice to Tenant that the Premises have been sold.
UTILITIES. Landlord shall be responsible for satellite television, heat and switchboard phone incurred in connection with the Premises. Any other utilities being used or installed need to be pre approved by the landlord, such as, electric heaters, air conditioners and outside phone and TV cable service. Any electrical appliances that may cause a fire will not be left on while tenant is not present. Lights will also be turned off while tenant is not at home. If electricity exceeds $50 in a monthly period tenant will be responsible for additional payment.
PARKING. Parking is not part of this lease agreement. However the landlord does have a few off street parking spots that can be used by tenants on a first come first serve basis. At no time will any tenant have preferential treatment over another. Vehicles will need to be rotated regularly and cannot be stored long-term on the property unless otherwise arranged with the landlord.
ASSIGNABILITY/SUBLETTING. Tenant may not assign or sublease any interest in the Premises, nor assign, mortgage or pledge this Lease, without the prior written consent of Landlord.
ACCESS BY LANDLORD TO PREMISES. Subject to Tenant's consent, Landlord shall have the right to enter the Premises to make inspections, provide necessary services, or show the unit to prospective buyers, mortgagees, tenants or workers. However, Landlord does not assume any liability for the care or supervision of the Premises. As provided by law, in the case of an emergency, Landlord may enter the Premises without Tenant's consent.
DANGEROUS MATERIALS. Tenant shall not keep or have on the Premises any article or thing of a dangerous, flammable, or explosive character that might substantially increase the danger of fire on the Premises, or that might be considered hazardous by a responsible insurance company.
GOVERNING LAW. This Lease shall be construed in accordance with the laws of the State of Alaska. This lease is in accordance to the Alaska Tenant Act. The landlord reserves the right at any time to terminate the lease with a thirty day notice.
ENTIRE AGREEMENT/AMENDMENT. This Lease contains the entire agreement of the parties and there are no other promises, conditions, understandings or other agreements, whether oral or written, relating to the subject matter of this Lease. This Lease may be modified or amended in writing, if the writing is signed by the party obligated under the amendment. This lease agreement takes precedence over any past or present advertising or verbal agreement previously made. Any modification of this agreement needs to be made in writing as an attached addendum. Owners will posses all original agreements.
LANDLORD: ___________________________________________ Shelby Edwards TENANT: ____________________________________________________
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CO-SIGNER: __________________________________________________ |