Example Lease


Lease for, ________________, Dayton, OH


Brenda and Leo Upham/Leo’s Quality Student Rentals, LLC, does hereby lease the dwelling at _                      , Dayton, Ohio to the person(s) listed below. This rental agreement is from August 20, 2017 to _12:00 noon on May 4, 2018. Beginning and end dates of lease stated above are based on University of Dayton preliminary dates and may change based on any revisions by the University of Dayton. 


RENT
The renters agree to pay the owners as rent for said premises during said term $           .00 per student/per semester payable on or before _July 01, 2017__ (first semester) and $        .00 per student/per semester payable on or before_January 1, 2018 (second semester). Payment to be made by certified check or money order only. Mail all payments to Leo’s Quality Student Rentals, LLC, 6851 California School Rd., Eaton, OH 45320. A $25.00 per day late fee will be charged for rent more than three days late. If less than   _ renters reside at this residence, the rate shall be held to   _ persons at the $      .00 per student/per semester rate. If a tenant does not occupy the premises for one or both semester(s) during the above stated lease term, tenant is responsible for the funds for the semester(s) when he or she is not occupying the premises; unless a tenant is found that is suitable to all the other co-tenants, signs this lease, and pays the above stated semester(s) rent and security deposit. Tenants agree and understand that they are jointly and severally liable for all the terms of this Agreement.


DEPOSIT
The sum of $        .00_ per student is hereby deposited with owners as security and damage deposit. Deposit is non-refundable in the following events:
1) If the premises are damaged by the undersigned or guests of the undersigned, deposit will be used
to cover such damages.
2) If the occupants fail to pay rent for any portion of the agreed rental period.
3) If the undersigned vacates the premises prior to the end of the term as set forth.
4) Keg parties are prohibited and are cause for immediate termination of the lease.
At end of lease, deposit shall be returned minus any damage(s) or missed rent payments, carpet cleaning fee, and cleaning fee. A cleaning fee will come out of deposits; each home is cleaned after each lease period had ended. On homes with carpet, a carpet cleaning fee will come out of deposits, the carpets are cleaned after each lease period had ended. Deposit shall be returned after all keys are returned and owners have had the opportunity to inspect the premises. If a forwarding address is not provided, payment of the balance of the security deposit and/or list of debits is expressly waived until thirty (30) days after the forwarding address is given in writing. In order to secure performance by Tenants under this Agreement, Tenants shall each pay a Security Deposit of the amount listed above. The Security Deposit shall be paid concurrent with the execution of this agreement. For purposes of Ohio Revised Code § 5321.16, Tenants agree that the Security Deposit is less than one month’s periodic rent, and therefore no interest shall accrue on this deposit nor be paid by Landlord.


SUBLETTING
The premises are to be occupied by those persons listed below and occupants are not to sublet all or any part of the premises. Tenants may not assign this lease or sublet the premises without prior written consent of the Landlord, which may be withheld with no explanation required.


DUTIES
Occupants will keep the premises (dwelling and lawn) in a clean, neat, and orderly condition; free of trash and other nuisances; keep the outside steps and sidewalks free from ice, snow, or other obstructions. Occupants shall at the end of the lease deliver up the premises in as good a condition as it was in at the time of occupancy, including overall cleanliness, less normal wear and tear. Occupants are also responsible for and agree to pay for damages done by wind or rain entering from windows or doors left open and by overflow of water or stoppage of waste pipes due to tenant neglect. Occupants are responsible for the behavior and conduct of all people living with or visiting the occupants in the leased property. It is the occupants’ responsibility to make sure these individuals behave in a manner that will not disturb the quiet enjoyment of the neighbors. Occupants agree not to change locks or install additional locking devices without written permission of owners. Occupants agree to quiet time at and after 10:00 p.m. each evening. Occupants agree that if one or more tenants do not occupy the premises for a semester during the lease period stated above, the remaining occupants shall have final say on bedroom arrangements for that time period.


LEASE ADDENDUM
All our tenants are required to sign our current lease addendum at the time of the signing of the lease. By signing of the lease addendum, tenants agree to the terms and conditions set forth in the lease addendum.

PROHIBITED ACTIVITIES AND ITEMS
Occupants and occupants’ guests are prohibited from storing, using, selling, manufacturing, or distributing illegal drugs. Beds are provided for each tenant by the landlord(s) and no additional beds or bedding or futons are allowed to be brought in by tenants. Inoperable automobiles or other vehicles are not permitted on the leased property or designated parking areas. Occupants agree not to have any pets or animals of any kind on the property. Occupants agree not to smoke any type of cigarettes, cigars, or pipes inside the property. Occupants agree not to have any open fires or flames inside or outside on the property. Occupants agree not to have weapons or firearms of any kind on the property.


REPAIRS
Occupants agree to report to the owners promptly any need for repairs to the premises. ALL REPAIRS MUST BE REPORTED AND COMPLETED BY LANDLORD(S) AND/OR LANDLORD(S) ASSISGNED REPAIRMEN. Occupants will permit owners or repairmen to enter the premises at all reasonable times to examine the premises and to make any repairs.


Damage to this or neighboring properties, caused by occupants, will be repaired immediately upon discovery and Landlord(s) will have the option to have the cost billed to occupants at time of repair(s). If the cost of repairs is billed at time of repairs; occupants will have ten days to pay for these repairs. A LVN may also be issued. Landlord(s) also has the option of billing the repairs at the end of the lease term out of deposit.


FIRE, THEFT, OR DAMAGE
Owners shall not be responsible for the loss of damage to any of the occupants’ property from any cause whatsoever. If the premises are partially destroyed by fire or other casualty, repairs shall be made by the Landlord as quickly as reasonably possible. In the case the damage shall be so extensive as to render the premises uninhabitable; the lease shall abate until the premises are repaired. If the premises are partially or wholly destroyed or damaged as to require rebuilding and the landlord decides not to rebuild; then upon giving the Lessees three days’ notice of intent not to rebuild, this lease shall be terminated. If damage to premises is determined by an independent agency to have occurred through negligence by the Lessees or their guests, the Lessees will be held responsible for all damages.


ABANDONED PROPERTY
Any personal property, including furniture, appliances, clothing, jewelry or other items, left in or about the leased property after the termination of the lease (whether by expiration or termination for default) shall be considered abandoned. Owners are expressly authorized to remove such property and to dispose of it in any manner owners wish. Occupants waive any claim for reimbursement for or restitution of any such property.


UTILITY CHARGES
Occupants agree to pay 100% of all utility charges (electricity, water, gas, cable television, trash, and internet, etc.) for said lease period. The electric and gas utilities will need to be switched over into a tenant’s name on the first day that the first person in your group moves in. For any day the electric and gas utilities are not switched over after the first move in date mentioned above, a $25 per day fee shall be incurred until the utilities are switched over into a tenant’s name. If one or more tenants do not occupy the premises during the above stated lease period, they can be held responsible for a portion of the utility costs for the time they are not occupying the premises. Under no circumstances will the landlord(s) pay for any utility during the term of this lease. 
During lease term, if landlord(s) receive water, gas, or electric shutoff notices, landlord(s) reserve the option to pay these bills; and take the cost of the bill and a 20% surcharge of the bill amount out of the security deposit return. 


PARKING
Some of our homes have off street parking (parking pads) for our tenant’s use. Our lot at the corner of Jasper and Rubicon has a gravel strip in the back that can accommodate overflow parking. While landlord(s) do not charge additional for this parking, we do reserve the right to occasionally use the parking pads behind our properties. Landlord(s) will give proper notice to tenants when landlord(s) intend to use the parking pad behind their property. Landlord use will not exceed two consecutive days per occurrence. At no time, shall any tenant be allowed to charge monies to another for the use of parking on the parking pad behind their property or on landlord(s) lot on the corner of Jasper and Rubicon.


OTHER CHARGES
Occupants will be subject to a carpet-cleaning fee to come out of their deposit at end of lease period.
Occupants will be subject to a cleaning fee. Determination of the amount of the cleaning fee will be based on our cost, and is the right and responsibility of the owners. On leased property containing clothes washer and dryer and/or dishwasher; occupants will be subject to pay half of the cost of service calls made to repair those items (repairs due to occupant’s neglect) during lease period. Occupants may be subject to lawn cleaning fee for picking up beer bottles and other debris left on the lawn, sidewalks, and parking spaces of leased property. Determination of the need for a lawn cleaning fee will be the right and responsibility of the owners.


OCCUPANTS’ FINANCIAL RESPONSIBILITY UPON BREACH OF LEASE
If the lease is broken by any occupant, the occupant owes to owners:
1. All rent and additional charges permitted by this lease;
3
2. Occupant’s security deposit;
3. All court costs, attorney’s fees, collection agency fees, Sheriff fees, moving and storage costs, plus other expenses that owners have to pay; and
4. The cost of repairing and replacing any damage to the premises caused by the occupant.


TERMINATION
The owners reserve the right to terminate this agreement when the occupants, through their conduct, fail to maintain a good environment on the premises, violate any civil law, or through any improper conduct on the part of the occupants cause excessive damage to the premises. Upon vacation or abandonment of the premises, the owner may remove any personal property found therein and dispose of it without liability. If the occupants should fail to pay the rent when due, or fail to comply with any other provision of this lease, it will be the owners’ option to take possession of the premises, remove and /or change locks, cut off all utilities without notice to occupants, and request immediate payment of all future rent due. Costs incurred by the owners in enforcing this lease shall be paid by occupants.


ACCEPTANCE
In consideration of the rents and covenants herein stipulated to be paid and performed by occupants, the owners listed above hereby let and lease unto said person(s) the premises previously described.


________________________________________
Owner’s/Agent’s Signature/Leo’s Quality Student Rentals, LLC

 


I (we) accept the terms described above and agree to pay the contract rates.
Signature of Renters:
____________________________________         _______________________________

 


____________________________________         _______________________________

 


____________________________________         _______________________________

 


____________________________________         _______________________________

 


____________________________________         _______________________________


Leo’s Quality Student Rentals, LLC
6851 California School Road
Eaton, Ohio 45320
(937) 456-7743