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Confidential, Page 1

12/28/2011

(Initials) __________ ____________

RESIDENCE LEASE AGREEMENT This lease, made and entered into this _____ day of ______________ by and between _____________________________, of ________________________, ______________________________, hereinafter called the Owner, and _________________________, of _________________________________, ____________________________, hereinafter called the Tenant. The Owner owns the following described real estate and premises situated in ________________________ County, ______________: _______________________________________________________________. The Owner rents and leases for the Tenant the described premises from the _____ day of ________________, for __________ months. The Tenant promises and agrees to pay the Owner as rental the total sum of ___________ payable as follows: ____________________________ from the security/cleaning deposit paid to Owner at the execution of this contract. The entire security/cleaning deposit will be refunded to the Tenant within fifteen (15) days after Tenants normal lease termination or move-out, whichever comes last, if the property is left in move-in condition, and will be escrowed in a savings account at a bank until such time. The security/cleaning deposits refundable amount will be prorated accordingly if the property is left in less than acceptable condition. The security/cleaning deposit CANNOT be used as last months rent under any circumstances. Further, the Tenant authorizes the Owner to use the security/cleaning deposit for any one or more of the following: 1. Payment of delinquent rent (although cannot be used for last months rent or any other months rent) 2. Repair of damages to the property, including furnishings and appliances, caused by Tenant exclusive of ordinary wear and tear. 3. Cleaning the property if necessary upon termination of tenancy 4. Payment of any liquidated damages resulting from rental payment and/or returned checks 5. Locks and keys in the event keys are not returned upon termination of tenancy The sum of ________________ is already paid for the first full months rent of occupancy (_________). The sum of __________ payable on the first (1st) day of each and every month of the lease term (_______ full months) until this lease has expired to complete the full sum payable. No part of said money shall be due and payable until the Tenant has been placed in the actual possession of said premises with the keys needed to gain access. This has been done as of this contracts date. Yes _____ No _____.

Confidential, Page 2

12/28/2011

(Initials) __________ ____________

It is agreed that the Tenant will keep and maintain all portions of the building let to him or her by the terms of this contract in as good a state of repair as it was turned over to the Tenant. This means woodwork, walls, floors, ceiling, windows, windows, screens, floors, carpets, shades, electric, grounds, plumbing, all appliances, and outside storage, all of which may be inspected by the Owner on notice from the Tenant of intent to vacate and in no event will this lease terminate unless the foregoing is acceptable to the Owner. Normal use without evidence will constitute violation. An addendum is attached to this lease agreement listing all specific appliances owned by the owner and kept at the property. Pictures of each appliance are kept by the Owner for record keeping. The following is a list of the appliances contained in the property at the time of signing of this lease: One Gas Range Stove on first floor, Model No: One Refrigerator on first floor, Model No: One Dishwasher on first floor, Model No: One Microwave Over on first floor, Model No:

The Tenant agrees to be responsible to pay for the repair of any damage done to any of the buildings or grounds by any of Tenants family or guests. If the Tenant notices any signs of property damage or signs of any negative physical attribute, including but not limited to water leaks, extreme floor or wall or ceiling cracks, insect infestation, appliance breakdown, or roof damage, the Tenant will immediately notify the Owner by phone or by written notice (can be email). The Tenant agrees to keep the property clean in and around the house and agrees to maintain proper sanitation of the area by preparing trash for pickup by the regular trash service of the surrounding neighborhood, unless other arrangements have been made and agreed to in writing by the Owner. The Tenant agrees to keep the lawn, landscaping, trees, and shrubs neat, clean, mowed, trimmed, watered, and maintained as needed to ensure a healthy and visually appealing homestead, unless different arrangements have been agreed to in writing between Owner and Tenant. The Tenant agrees to hold the Owner from any and all expense for lights, heat, water, or any other expense incident to the occupancy of the said property, unless specifically agreed to in writing. The Tenant agrees to keep these standard utilities connected and their corresponding bills paid in a timely manner as required by the following utility companies: ________________________________________________________________ _______________________________________________________________ If ANY utilities are not kept current, the Tenant agrees to terminate this lease and give up the propertys occupation at the Owners discretion.

Confidential, Page 3

12/28/2011

(Initials) __________ ____________

The Tenant shall not engage in, or allow any other person, pet, or animal to engage in, any conduct that will disturb the quiet and peaceable enjoyment of the other Tenants, neighbors, Owner, or use the property for any purpose whatsoever that violates the laws of the United States, the State of _____________ or the City of ___________________________. The Tenant will keep no pets of any kind, inside or outside of the property, without a separate and written consent of the Owner. Time is the essence of this contract, and should the Tenant default in the payment of any installment of the principal sum herein named, the total principal sum shall become due and payable and the Owner shall become entitled to possession of the premises, at the Owners option in accordance with the ________________ Landlord and Tenant Act, and the Owner shall have the right to store and/or dispose of such property in accordance with said Act. Thereafter, the Tenant shall be liable to the Owner for any amounts uncollected from such disposition, and the expenses therefore, including a reasonable attorneys fee. The property herein leased will be used for residential purposes only and for no other object or purpose and this lease shall NOT be sublet without the written consent of the Owner. In the event of assignment to creditors by the Tenant, or the institution of bankruptcy proceedings against the Tenant, such events shall cancel and hold for naught this lease, and all the rights there under, and possession of said property shall immediately, by such act or acts, pass to the Owner at Owners option. The Tenant shall pay a late fee of thirty _$50__ in addition to each monthly payment that is paid after the __5th_ day of any month within the terms of this lease. Starting on the __6th___ day of the month, a late fee of seven _$20_ per day will be added to the existing late fee due. If the rent is late for __3__ total or consecutive months, Tenants forfeit rights to property and Owner has right to begin eviction proceedings. As required by law, Tenant is hereby notified that a negative credit report reflecting on Tenants credit history may be submitted to a credit reporting agency if Tenant fails to fulfill the terms of the credit obligations. The Tenant will waive the Tenants rights under the ____________________ Landlord and Tenant Act if the rent and all late charges are not paid in full by the __________ day of the month, immediately relinquishing possession of the property to the Owner at the Owners request.

Confidential, Page 4

12/28/2011

(Initials) __________ ____________

The Tenant agrees to pay all rents and fees with a personal check, money order, or cashiers check. If a personal check is ever not honored by the Owners bank, for any reason whatsoever, the Tenant agrees to pay a check charge of twenty five dollars ($25). Tenant agrees that Owner and its agents (includes Contractors) may enter the property in case of emergency to make necessary repairs or improvements, or to exhibit the property to prospective or actual purchasers, mortgagees, Tenants, workmen, or contractors. Such entry, other than in case of emergency, will be made during normal day time hours (8 AM 8 PM) unless Tenant consents otherwise at time of entry or before hand. Owner must give Tenant 24 hrs. notice (written or email) of Owners intent to enter other than in case of emergency. The Tenant shall check each and all smoke alarms weekly, replacing the battery as needed with an alkaline batter to ensure that adequate warning is provided. Also, the fire extinguishers gauge will be checked monthly to make sure the extinguishers gauge indicates a full charge of pressure. The Tenant agrees to keep the window screens on the windows at all times, paying a twenty dollar ($20) service charge plus parts if a screen is removed or damaged in any way, for its replacement. The Tenant will let no more than _________ guests stay overnight for a maximum period of seven (7) consecutive days in any one (1) month period without written consent from the Owner. This limitation does not apply to immediate children of the Tenant. The Tenant cannot keep any water filled furniture at the property without Owners written consent. The Tenant agrees to keep no more than_______ vehicles, including but not limited to trucks, motorcycles, and cars, on the premises. These vehicles must be both operable and currently licensed. The Tenant agrees not to repair any of the vehicles on the premises if the repairs will take more than twenty four (24) hours, without prior written consent from the Owner. The Tenant agrees not to keep off road vehicles, including but not limited to boats, trailers without prior written consent from the Owner. The Owner has obtained insurance to cover the Owners interest and liability but does not insure the Tenants belongings or negligence. By way of signing this lease agreement, the Tenant agrees that the Owner has informed the Tenant that renters insurance is recommended and preferred by the Owner and to be paid for by the Tenant. Owner is not liable for bodily injury to or damage to the personal property of Tenant, members of Tenants household, or any other Tenants, Tenants guests,

Confidential, Page 5

12/28/2011

(Initials) __________ ____________

invitees, or licensees, or any other person in or about the Premises, that is caused by or results from, latent or patent defects, criminal acts, fire, steam, electricity, gas, water or the weather, or from the breakage, leakage, obstruction, or other defects of pipes, sprinklers, wires, appliances, plumbing, air conditioning, or lighting fixtures, or from any other cause. Tenant assumes all risk of, and waives, all claims against Owner from any such injury or damage, except for injury or damage resulting from negligent acts of the Owner. Waiver of either party of any breach shall not construed to be a continuing waiver of any subsequent breach. The receipt by Owner of the rent with the knowledge of any violation of a covenant or condition hereto shall not be deemed a waiver of such breach. No waiver by either party of the provisions herein shall be deemed to have been made unless expressed in writing and signed by all parties to this Lease agreement. Each person executing this Lease as Tenant is jointly and severally liable hereunder, and is required to perform fully all obligations imposed on Tenant in this Lease agreement. The Tenant will return any and all property related keys upon lease termination and will give up five dollars ($5) per nonreturned key out of security/cleaning deposit. The Tenant further agrees that after the expiration of the time given in the lease, the ________ day of __________________, without notice from the Owner, to give possession of the property to Owner, and upon Tenants failure to do so shall become liable to Owner for an additional month extension of this contract upon notice from the Owner. Contact the Property Manager at: 703 568 6840 (Mobile) solutions@trueprops.com IN WITNESS THEREOF, the parties hereto have hereunto se their hands, the day and year first above written. _______________________________ _______________________________ (Owner or Agent) ______________________________ ______________________________ (Tenant(s)

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