1. finance

LEASE/RENTAL AGREEMENT
(Page 1 of 4)
This Agreement dated:
, 20
is made and entered into between Graf Investments, Inc. (“Lessor”) and
(“Resident”), for occupancy of
adult(s) and
children, for the property commonly known as
, WA
989
in
County, Washington. If this Agreement is for more than one year, the legal description of the Property is
attached as Exhibit A.
1. SECURITY DEPOSIT. Lessor acknowledges receipt from Resident of the sum of $
, which is being deposited in a
trust account in
Bank,
Branch, in
, WA. Lessor will give written notice of any changes in said depository.
This deposit is security for performance of Resident’s obligations pursuant to this Agreement, including but not limited to
payment of rent, and to indemnify Lessor for damages to and cleaning of the Property for which Resident is responsible. A
written “Move In/Move Out Inspection Agreement” describing the condition, cleanliness of and any damage to the Property
and furnishings will be signed by Lessor and Resident upon commencement of tenancy and a written copy given to Resident.
NO SECURITY DEPOSIT MAY BE COLLECTED UNLESS THIS CHECKLIST IS COMPLETED. Within fourteen (14)
days after termination of tenancy and vacation of premises (or abandonment of premises), Lessor will give Resident a full and
specific statement of the basis of retaining any of the deposit and a refund of any portion due Resident, addressed as Resident
directs or in the absence thereof, to Resident’s last known address. If the deposit is insufficient to reimburse Lessor for such
damages and cleaning, Resident agrees to pay any deficiency on demand.
2. TERM (Check one).
a. LEASE. This Agreement is for a term of
commencing on
. This agreement shall end at 5:00 p.m. on
(the “Expiration Date”). Resident must vacate the Property and surrender possession on the Expiration Date unless the
Agreement is extended as set forth below. Automatic Extension: Unless either party provides written notice of termination
to the other party at least thirty (30) days before the Expiration Date, this Agreement will be automatically extended on a
month-to-month basis until either party terminates by providing at least twenty (20) days written notice, prior to the end of the
monthly rental period, to the other party. If Resident vacates prior to the expiration of the term, the security deposit shall be
forfeited and Resident shall be obligated for the rental payments for the remainder of the term, or until the Property has been
re-rented, whichever is less.
b. MONTH-TO-MONTH. This Agreement is for a month-to-month tenancy commencing on
. Lessor or
Resident may terminate this Agreement only upon written notice received by the other at least 20 days prior to the end of each
monthly rental period. If any such notice of termination is not received at least 20 days in advance, then it shall not be
effective until the end of the next following monthly rental period. Resident guarantees a minimum occupancy of 6 full
months. A full month runs from the first day of the month to the last day of the month. Failure to occupy the unit for the
guaranteed period of time will result in a forfeiture of Resident’s security deposit and none of the deposit will be used to offset
any turnover or damage charges after move out has occurred.
3. RENT. The rent is $
per month, payable in advance and due on or before the
first day, or
day of
each month commencing on the first month of the term. Each monthly rental period shall begin on the day rent is due. Rent
shall be paid to Lessor at the following address 410 S. 1st St. Selah, WA 98942. Each adult personally guarantees the entire
rent due on the property. The rental unit is not rented on a shared basis. Total rent shall be paid at one time to the agent on or
before the due date.
4. UTILITIES. When due resident shall pay all utilities, including natural gas, propane and oil except
water,
sewer,
garbage, or
. Resident shall maintain constant utility service throughout duration of tenancy or will be
subject to fees of $10.00 per day.
5. OCCUPANCY/SUBLETTING. The Property is rented as a private residence only for the above named persons. Resident
shall not assign this Agreement, sublet all or any portion of the Property, nor give accommodation to any roomers or lodgers,
without the prior written consent of Lessor.
6. JOINT AND SEVERAL TENANCY. If more than one person signs this lease as a Resident, their obligations are joint and
several. This means that each person is responsible not only for his or her individual obligations, but also for the
obligations of all other Residents. This includes paying rent and performing all other terms of this Agreement. A judgment
entered against one or more Resident(s) does not bar an action against the others.
Initials:
Resident: ____________ Date: ____________ Lessor: ____________ Date: ____________
Resident: ____________ Date: ____________ Lessor: ____________ Date: ____________
Rev 3/2013
LEASE/RENTAL AGREEMENT
(continued page 2 of 4)
7.
MAINTENANCE. Resident will at all times maintain the Property, including any yard and lawn, in a neat and clean
condition and upon termination of this Agreement will leave the Property in as good condition as it is now, reasonable wear
and tear excepted. Resident agrees not to make any alterations or improvements to the Property without Lessor’s prior
written approval. Resident shall promptly report all needed repairs to Lessor.
LAWN MOWING PROVIDED:
YES
NO
8.
INSPECTION/SALE. Lessor may enter the Property to inspect it or make alterations or repairs at reasonable times and,
except in emergencies, will give two days’ notice, or obtain prior permission from resident. If Lessor wishes to show the
Property to actual or prospective purchasers or residents, only one day’s notice shall be required.
RENT LATE CHARGE. If any rent is not paid on or before the due date, resident agrees to pay a late charge of $60.00 on
the 6th and $2.00 per day thereafter for EVERY DAY LATE plus a notice fee of $10.00, including the day of payment, even
though the 5th may fall on a weekend or a holiday, until paid in full.
NSF CHECK: Resident agrees to pay a charge of $ 30.00 for each NSF check given by Resident to Lessor. Lessor
shall have no obligation to redeposit any check returned NSF. All NSF checks must be paid within 24 hours with all
applicable late fees. In addition money order or certified checks will be required if a NSF check is received.
RULES. The attached Rules on page 4 are a part of this Agreement and failure to abide by them will constitute default under
this Agreement.
ATTORNEYS’ FEES. In the event it is necessary for either party to employ an attorney to enforce any terms of this
Agreement the prevailing party is entitled to reasonable attorneys’ fees as provided for by law. In the event of a trial, the
amount shall be as fixed by the Court.
WAIVER OF SUBROGATION. Lessor and Resident hereby release and waive for the duration of this Agreement and any
extension or renewal thereof their respective rights of recovery against each other for any loss resulting from perils of fire
and/or extended coverage as defined in fire insurance policies issued to either Lessor or Resident in effect at the time of the
loss; provided that such waiver and release shall apply only in the event such agreement does not prejudice the insurance
afforded by such policies.
PROFESSIONAL CARPET/BLIND CLEANING. Resident is aware that carpets and blinds have been professionally
cleaned prior to occupancy of rental unit and resident will be responsible for the cost of professionally cleaning by a third
party vendor. OWNER/AGENT WILL SCHEDULE WORK.
PETS. No dogs, cats or other animals will be permitted on the Property without the prior written consent of the Lessor and
without a fully executed Pet Agreement. Residents shall pay a fine of $500.00 for each violation of this provision and for
each continuing violation of this provision. Failure to do so may result in eviction.
PERSONAL PROPERTY. Resident agrees that all personal property kept in or on the Property is at the risk of the
Resident. Lessor is not responsible for damage or loss of any tenant belongings/property. Resident is specifically advised of
the availability of and is encouraged to obtain insurance for such personal property.
SMOKE DETECTOR/CARBON MONOXIDE DETECTOR. Resident acknowledges and Lessor certifies that the
property is equipped with a smoke detector(s) as required by RCW 43.44.110 and carbon monoxide detectors as required by
RCW 19.27.530 and that the detector(s) has/have been tested and is/are operable. It is resident’s responsibility to maintain
the smoke detector(s) as specified by the manufacturer, including replacement of batteries, if required. In addition, if the
Property is a multi-family building (more than one unit), Lessor makes the following disclosures:
(a) The smoke detection and carbon monoxide detection device is
hard-wired
battery operated.
(b) The building
Does
Does not have a fire sprinkler system.
(c) The building
Does
Does not have a fire alarm system.
(d)
The building has a smoking policy as follows:
** SMOKING OF ANY SUBSTANCE IS NOT PERMITTED INSIDE HOME OR IN COMMON
ENTRYWAYS. FAILURE TO COMPLY WILL RESULT IN A $350.00 FINE PER OCCURRENCE. **
The building does not have a smoking policy
(e)
The building has an emergency notification plan for occupants, a copy of which is attached to this Agreement.
The building does not have an emergency notification plan for occupants.
(f)
The building has an emergency relocation plan for occupants, a copy of which is attached to this Agreement.
The building does not have an emergency relocation plan for occupants.
(g)
The building has an emergency evacuation plan for occupants, a copy of which is attached to this Agreement.
The building does not have an emergency evacuation plan for occupants.
9.
10.
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14.
15.
16.
Initials:
Resident: ____________ Date: ____________ Lessor: ____________ Date: ____________
Resident: ____________ Date: ____________ Lessor: ____________ Date: ____________
Rev 3/2013
LEASE/RENTAL AGREEMENT
(continued page 3 of 4)
17. LEAD-BASED PAINT. If the Property includes housing that was built before 1978, then the Addendum entitled
“Disclosure of Information on Lead-Based Paint and Lead-Based Paint Hazards” must be attached to this Agreement unless
this lease/rental transaction is exempt from applicable federal regulations.
18. MOLD DISCLOSURE. Resident acknowledges receipt of the pamphlet entitled “A Brief guide to Mold, Moisture, and
Your Home.
19. PERMITTED UNIT OCCUPANCY. No more than one household per unit, unless authorized in writing by management.
Any new occupant of unit must meet all entrance requirements required by management. Permitted unit occupancy is
as follows:
A. One bedroom: maximum 2 persons
B. Two bedroom: maximum 4 persons
C. Three bedroom : maximum 6 persons
D. The previous occupancy requirements (A-C) are for all tenants. Households exceeding the per bedroom maximum will
be transferred to a larger apartment. If no larger apartment is available, the resident will be asked to move.
____________________________________
Resident
Date
__________________________________
Resident
Date
_________________________________
Lessor
Date
State of Washington
)
)ss.
County of___________________)
I certify that I know or have satisfactory evidence that __________________________ is the person who appeared before me, and
said person acknowledged that he/she/they signed the instrument and acknowledged it to be his/her/their free and voluntary act for
the uses and purposes mentioned in the instrument.
(use this space for notary stamp/seal)
Dated:__________________________________
Signature:_______________________________
Print Name:_____________________________
Notary Public in and for the State of Washington
Residing at:_____________________________
My Appointment Expires:__________________
Rev 3/2013
LEASE/RENTAL AGREEMENT
(continued page 4 of 4)
HOUSE RULES & REGULATIONS
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17.
Initials:
Garbage. If applicable, Resident shall furnish his/her own garbage can and place it where required for pickup.
Illegal Use. Resident shall not use the Property for illegal purposes or engage in any illegal activity on Property.
Repairs. Resident shall promptly repair, at resident’s expense, any broken glass in doors or windows.
Freezing. Resident shall protect the plumbing from freezing. As a minimum, resident shall leave the heat on low
(minimum of 55 degrees during cold weather).
Drains. Resident shall relieve stoppage of drains and sewers at resident’s expense unless resulting from a condition
existing at the time Resident moved in.
Nails/Painting. Resident shall not drive any nails or screws into walls, and shall not paint anything, without the prior
written consent of the Lessor.
Lawns & Shrubs/Snow. Resident will mow and water lawn, shrubs, trees and landscaping so as to maintain the same in
as good a condition as they presently are. In the event of snow, Resident will remove the same from any abutting
sidewalks.
Noise/Nuisance. TV, surround sound, stereo, radio and musical instrument volumes shall be kept low enough so that no
noise whatsoever shall escape from the Property. Quiet hours are from 10PM to 6AM daily. Resident shall not create or
permit any other nuisance on the Property. Yard sales are not allowed.
Guests. Resident is responsible for the conduct of all guests on the Property and shall insure that guests comply with
these Rules. All guests must park in visitor parking areas or street side. Assigned parking spots are for residents only.
Pets. If Lessor has given written permission for pets on the Property, no pet noise whatsoever shall be allowed to escape
from the Property. In the case of apartments, pets shall not be allowed in the halls, common spaces or surrounding
Property except on a leash and accompanied by the resident. It is the resident’s responsibility to clean up and dispose of
any pet excrement anywhere on the Property and on adjacent sidewalks, streets, alleys and neighbors’ properties.
Vehicles. Recreation vehicles, trailers, boats and inoperable or unlicensed automobiles may not be parked or stored on
the Property, or in any parking area provided for the Property, or on any street or alley serving the Property. No vehicle
repair, oil change, mechanical work or car washing will be allowed on the complex property.
Hallways & Common Areas. If there are hallways or other common areas shared with other residents, noise shall be
kept to a minimum therein and nothing may be stored, even temporarily, therein.
Fireplace Insert/Wood Stove. Wood stoves are prohibited, unless provided be Lessor. No fireplace insert may be
installed without Lessor’s prior written permission. If Permission is given, then the professional installation must be
inspected by the applicable city or county building department, at resident’s expense, before the same is used.
Water Beds, Large Aquariums, Pianos & Heavy Objects. No water beds, aquariums, pianos, organs, libraries or other
unusually heavy objects are permitted in the Property without Lessor’s written permission. As a condition to permitting a
water bed, Lessor may require resident to provide and pay for water bed insurance.
Barbecues. Charcoal barbecues are prohibited from rental property.
Satellite Dish. No satellite dish may be attached to any roof or building. Authorization for satellite dish must be
obtained from lessor prior to installation.
Locks. Resident may not, at any time, change/replace locks in the unit. There will be a $75 lock change fee for each
occurrence.
Resident: ____________ Date: ____________ Lessor: ____________ Date: ____________
Resident: ____________ Date: ____________ Lessor: ____________ Date: ____________
Rev 3/2013