RESIDENTIAL LEASE AGREEMENT
1. THE PARTIES.
This Residential Lease Agreement (“Agreement”) made on the undersigned date is between:
Landlord's Name: Edge Realty Llc
Mailing Address:
Tenant's Name:
2. PROPERTY.
Property Address:
Residence Type: Apartment
Bedroom(s): 1 Bathroom(s)
3. FURNITURE. Furnished Areas: bathroom(s), bedroom(s), dining room, kitchen, living room,
4. APPLIANCES. Appliances Included: air conditioner(s), dishwasher, microwave, heating units, refrigerator, smoke detectors, stove/oven, washer, dryer,
5. RENT.
Monthly Rent:
Due Date: 30th day of each month.
Acceptable Payment Methods: ___________________________ -Zelle to the e-mail or phone number provided
6. TERM.
This Agreement is a month-to-month lease with a start date of May 1 2025 and terminates upon either the Landlord or Tenant providing written notice of at least 90 days or the minimum statutory period required under Governing Law, whichever is greater.
7. EARLY MOVE-IN.
The Tenant is eligible to move-in to the Property before the Start Date. The Tenant can move in on ___________________________. The Tenant is able to move in early with the requirement to pay rent .
8. SECURITY DEPOSIT.
Deposit Amount: $800.00
Returning to Tenant: 5 days or the statutory timeframe required under law, whichever is greater.
9. PRE-PAYMENT OF RENT.
The Tenant is not required to pre-pay rent other than the 1st month's rent amount which is due at the signing of this Agreement.
10. LATE RENT.
If Rent is paid after the due date, the Tenant will not be charged a late fee. However, this will not infringe on the Landlord's right to begin eviction proceedings with the local court.
11. NSF FEE.
No fee shall be charged to the Tenant for any check not honored by the Landlord's financial institution due to non-sufficient funds (NSF), a stop payment, or any other reason.
12. PARKING.
Parking is not provided by the Landlord. The Tenant must seek their own separate parking arrangement.
13. UTILITIES & SERVICES.
The Landlord is responsible for the following utilities and services: Wifi, Heat, Heat, Trash Removal, Phone, etc. All other utilities and services are the responsibility of the Tenant.
14. PETS.
No pets are allowed on the Property except for animals legally recognized as service animals under applicable laws or those designated as emotional support animals by a licensed medical professional. All service and emotional support animals must comply with any applicable regulations and must be registered with the Landlord prior to or during the Term.
15. MOVE-IN INSPECTION.
No move-in inspection is required to be completed as part of this Agreement. If a move-in inspection is conducted, it shall be recognized as valid if completed and signed by both the Landlord and Tenant.
16. SMOKING POLICY.
Smoking is not permitted anywhere on the Property. This includes, but is not limited to, the use of tobacco or marijuana products, whether through smoking, vaping, or any other traditional or non-traditional methods. The Landlord will strictly enforce any violation of this section.
17. RENTERS INSURANCE.
The Tenant is not legally obligated to obtain or maintain renters insurance as part of this Agreement. However, the Tenant can obtain such insurance for their own benefit.
18. SUBLETTING.
The Tenant shall not have the right to sublet the Property or any part thereof without the prior written consent of the Landlord. If consent is granted by the Landlord, the Tenant shall be responsible for all actions and liabilities of the subtenant, including but not limited to any damage to the Property, non-payment of rent, eviction procedures, and any other liability related to the Property. In the event of an eviction, the Tenant shall be responsible for all court filing fees, legal representation, and any other liabilities in connection with removing the subtenant. The express written consent from the Landlord for one sublet agreement shall not authorize consent for any subsequent sublet agreements, and in such case, the Tenant must seek consent from the Landlord for the subsequent sublet agreement.
19. NOTICES.
If notice is sent by either Party, it shall be sent to: Landlord Landlord's Name: Edge Realty Llc
Mailing Address:
Tenant's Name: Dylan Wallace
20. AUTHORIZED PERSONS.
Unless the Landlord gives written, electronic, or verbal communication to the Tenant, there are no other persons allowed on or in the Property.
21. LEAD-BASED PAINT DISCLOSURE.
The Property was constructed after January 1, 1978. Therefore, no disclosure forms are needed regarding the existence or potential hazards of lead-based paint on the Property.
22. DEFINITIONS.
The terms mentioned in this Agreement are defined below:
a.) Abandonment. If the Tenant vacates or abandons the Property for a period of up to seven days without informing the Landlord, the Tenant will be considered in default of this Agreement. If the Landlord believes the Tenant has vacated and abandoned the Property, the Landlord is entitled to inspect the Property by providing 24 hours’ notice or the timeframe required under Governing Law, whichever is greater.
b.) Access. Upon the start of the Proration Period or the Term, whichever is earlier, the Landlord agrees to provide entry to the Tenant in the form of keys, fobs, cards, or any type of keyless access to the Property and any shared Common Areas. Access to the Property shall be given after the successful payment and receipt of the amounts required at the execution of this Agreement.
c.) Additional Occupants. Also referred to simply as “Occupants,” these are individuals who have a legal right to reside on the Property under the Tenant. The Tenant agrees to bear any and all responsibility and liability for any actions caused, directly or indirectly, by an Occupant.
d.) Disclosures. The Disclosures mentioned in this Agreement, whether or not they are attached, are accepted, acknowledged, and understood by the Tenant upon executing this Agreement.
e.) Early Move-In. If the Tenant is permitted an Early Move-In, and any pro-rated rent is required to be paid, such payment must be made by the Tenant at the execution of this Agreement. If applicable and selected in Section 7, this Early Move-In period shall be protected under the same rights as the Term of this Agreement.
f.) Furnishings and Appliances. The Tenant understands that the Furnishings and Appliances mentioned herein are under the Landlord’s ownership and must be returned in the same condition as at the start of the Term.
g.) Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the jurisdiction in which the Property is located.
h.) Guests. Individuals who are not named as the Tenant or an Occupant and are invited into the Property on behalf of the Tenant. Guests are permitted to stay on the Property for a period of no more than 48 hours.
i.) Late Fee. The Late Fee accumulates in accordance with the terms mentioned herein and the Governing Law, abiding by any statutory grace periods that may exist. Rent is considered late if not paid on the due date mentioned herein.
j.) Move-In Inspection. A Move-In Inspection, if required under this Agreement or Governing Law, shall be to protect the liability of the Tenant and the Security Deposit. Both Parties must write the Property's condition at the start and the end of the Term.
k.) NSF Fee. If a Non-Sufficient Funds (NSF) Fee is mentioned herein, the amount charged, or the maximum allowed under Governing Law, whichever is greater.
l.) Parking. Any Parking provided by the Landlord shall be at the Tenant’s discretion. The Landlord is not responsible for any damage, property loss, or liability that may occur to the Tenant’s vehicle.
m.) Pets. If any property repairs, odor removal, or other maintenance is required due to the Tenant’s Pets, the costs shall be deducted from the Pet Fee or Security Deposit with an itemized list disclosed to the Tenant.
n.) Pre-Payment of Rent. If applicable, the Pre-Payment of Rent is applied to the dates mentioned herein, the Pre-Payment Period, and cannot be applied to any other timeframe. The Pre-Payment of Rent is non refundable. Therefore, if the Tenant defaults on the terms of this Agreement and is terminated by the Landlord, they shall not be entitled to a refund of the Pre-Payment of Rent.
o.) Party or Parties. Landlord and Tenant are each referred to herein as a “Party” and, collectively, as the “Parties.”
p.) Property. The Property is the residential space permitted to be occupied by the Tenant and Occupants. q.) Rent. The first payment of Rent shall be due at the execution of this Agreement. All subsequent Rent payments shall be made on the due date in accordance with the payment instructions set forth under Section 5.
r.) Renters Insurance. The Tenant agrees to maintain Renters Insurance, in accordance with the minimum liability amounts, for the duration of the Term. It must provide coverage for personal property loss or damage and liability coverage for bodily injury or property damage caused by the Tenant, their guests, or any person affiliated with the Tenant.
i.) Proof of Insurance. The Tenant shall provide the Landlord with a copy of the Renters Insurance policy declaration page or a certificate of insurance prior to the commencement of the Term and upon any renewal or change of the policy. The Tenant must also provide proof of insurance within 10 days of any written request by the Landlord as a requirement under this Agreement.
ii.) Policy Maintenance. The Tenant agrees to maintain the Renters Insurance policy in full force and effect for the duration of the Term and any renewals thereof. Failure to maintain the required insurance constitutes a breach of this Agreement and may result in termination of tenancy and eviction under local housing laws.
iii.) Landlord’s Insurance. Tenant acknowledges that the Landlord’s insurance does not cover the Tenant’s personal property or liability. The Renter’s Insurance is solely for the benefit of the Tenant.
iv.) Subrogation Waiver. The Renter’s Insurance policy shall include a waiver of subrogation clause in favor of the Landlord, meaning the insurance company of the Renter’s Insurance cannot seek recovery from the Landlord for any claims paid under the Renter’s Insurance.
s.) Security Deposit. The Security Deposit is paid by the Tenant to the Landlord at the execution of this Agreement under the following terms:
i.) Payment. Payment of the Security Deposit must be made at the execution of this Agreement.
ii.) Returning to Tenant. The Security Deposit will be returned to the Tenant in accordance with the timeframe mentioned or Governing Law, whichever is greater. The timeframe shall start upon the Tenant's delivery of possession to the Landlord at the end of the Term.
iii.) Receipt. If required under Governing Law, the Landlord must provide a receipt for the payment of a Security Deposit.
iv.) Separate Bank Account. If required under Governing Law, the Security Deposit is required to be placed in a separate bank account.
t.) Smoking Policy. Smoking, under this Agreement, is defined as using a 3rd party device to inhale plant-based or non-plant-based substances. This includes vaping or the inhaling of any vapor-like products.
u.) Term. The Term shall be when the Tenant and any Occupants are permitted to reside on the Property. i.) Standard Lease. If a standard lease is selected in Section 6, and the Landlord does not renew this Agreement by its end date, the Tenant must vacate and deliver possession to the Property by midnight (12:00) local time on the last day of the Term.
ii.) Month-to-Month Lease. If a month-to-month lease is selected in Section 6, either Party may terminate this Agreement by using the Termination Period mentioned or the minimum required under Governing Law, whichever is greater.
v.) Utilities & Services. The Tenant is responsible for any Utilities & Services not mentioned as the Landlord’s responsibility.
w.) Violation of this Agreement. If the Tenant violates this Agreement, and more than one individual is named as a Tenant, they shall jointly be liable for all obligations under this Agreement, including but not limited to Rent, damage to the Property, outstanding utility bills, and any other liability.
23. MISCELLANEOUS TERMS.
a.) Active Military.
i.) Right to Terminate. Under the Servicemembers Civil Relief Act, the Tenant has the right to terminate this Agreement under the following conditions:
1.) Permanent Change of Station. If the Tenant’s station is moved by 50 miles or more from the Property; or
2.) Deployment. If the Tenant is deployed with a military unit for a period of not less than 90 days.
ii.) Notice. For the Tenant to exercise termination under this section, written notice of termination and a copy of the official orders or a verification signed by the Tenant’s commanding officer shall suffice.
iii.) Termination Effective Date. Under such termination, it shall be made effective 30 days after the first date on which the next rental payment is due after the notice of termination is delivered to the Landlord. No penalties or fees for early termination shall be charged to the Tenant. However, the Tenant is responsible for all Rent payments prior to the termination date.
iv.) Security Deposit. Upon such termination, the Landlord shall return the amount paid by the Tenant as a Security Deposit in accordance with this Agreement.
24. DEFAULT.
a.) Tenant’s Default. A default by the Tenant shall occur if the Tenant fails to pay Rent or any other payment required by this Agreement the day after it is due, including any grace periods provided under Governing Law. Default shall also occur if the Tenant violates any other term or condition of this Agreement and fails to cure such violation within 5 days after receiving written notice of the violation from the Landlord, or the notice period as required under Governing Law, whichever is greater. Upon default, the Landlord may exercise any remedy available under this Agreement or Governing Law, including but not limited to the termination of this Agreement, repossession of the Property, and initiation of legal proceedings to recover unpaid Rent and other claimed damages.
b.) Landlord’s Default. A default by the Landlord shall occur if the Landlord fails to perform any of its obligations under this Agreement, and such failure continues for 10 days after the Tenant gives the Landlord written notice of such failure. Upon default, the Tenant may exercise any remedy available under this Agreement or applicable law, including but not limited to the right to terminate this Agreement, deduct the cost of repairs from future rent payments, and/or seek damages or specific performance through legal action.
c.) Notice of Default. Any notice required under this section shall be given in writing and shall be deemed sufficiently given if delivered in person or sent by registered or certified mail, return receipt requested, to the other Party at the address set forth in this Agreement or to such other address as either Party may have provided by written notice.
25. PROHIBITED ACTIONS.
a.) Assignment. The Tenant has no rights to assign this Agreement to any other party unless written approval has been granted by the Landlord. The Landlord is prohibited from assigning this Agreement unless there is a change of Property ownership.
b.) Hazardous Materials. The Tenant agrees not to possess, store, or use any items or substances with flammable or explosive characteristics on the Property, including but not limited to gasoline, compressed gases, kerosene, motor oil, fireworks, or any other substances deemed ignitable or hazardous.
c.) Illegal Activity. The Tenant agrees to comply with all applicable laws, ordinances, and regulations. The Tenant, their Guests, and any other Occupant shall not engage in any illegal activities anywhere on the Property, including but not limited to the leased premises, Common Areas, Parking, and surrounding property. This prohibition extends to all illegal activities, including but not limited to the manufacture, sale, distribution, use, or possession of illegal substances, theft, and violent behavior. Any violation of this clause constitutes a material breach of this Agreement and grounds for immediate termination of tenancy and eviction. Additionally, the Tenant shall be held liable for any damages resulting from such illegal activities, including but not limited to repairs, legal fees, loss of rent, and any other expenses incurred by the Landlord due to the Tenant's illegal activities.
d.) Residential Use Only. The Tenant agrees to use the Property for residential purposes only. The Landlord must grant written approval if the Tenant uses the Property for any other purpose.
e.) Waterbeds. The Tenant is prohibited from using any type of bed, mattress, or sleeping aid containing any type of liquid.
26. NO CO-SIGNER.
There is no co-signer to this Agreement, who is an individual other than the Tenant that personally guarantees the successful performance of this Agreement.
27. ENTIRE AGREEMENT.
This Agreement constitutes the entire understanding between the Parties with regard to the subjects herein. It includes any attachments or addenda and supersedes all prior negotiations, understandings, and agreements among the Parties. Both Landlord and Tenant hereby acknowledge and agree to be bound by the terms and conditions set forth until the expiration or earlier termination of the Term. IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written. Each Party warrants that they have the legal authority to enter into this Agreement and have done so as their free act and deed.
Landlord’s Signature: ___________________________ Date: ______________
Print Name: Edge Realty Llc
Tenant's Signature: ___________________________ Date: ______________
Print Name:
AMOUNT DUE AT SIGNING
First (1 st ) Month’s Rent :
Security Deposit: $700.00