LEASE AGREEMENT
THIS AGREEMENT entered into this _____ day of ______, 20__ between C.W. Myers Trading Post, Inc. a North Carolina corporation (hereinafter referred to as Landlord) and ______(hereinafter referred to as Tenants),
WHEREAS, that for and in consideration of the amount hereinafter reserved and the covenants and agreements herein contained, Landlord does hereby demise and
lease unto Tenants, the following:
A house and lot located at , , .
1. TERMS AND CONDITIONS - The term of this lease shall be month-to-month but for no less than one year beginning ______, 20__. At the end of the lease term, Tenants shall deliver said property into the possession of the Landlord, its heirs, successors or assigns in as good condition, normal wear and tear excepted.
2. RENTAL - As rental for said premises during the term of this agreement Tenant shall pay to Landlord, its heirs, successors or assigns without written notice or demand therefore, the sum of ______and no/100 Dollars ($ XXX.00) per month.
All monthly rents are payable on or before the ____ day of the month. All payments
are to be made to the Landlord at the listed address, or at any other address as the Landlord may, in writing request the Tenants to pay the same. Tenant is to insure that a current working telephone number is on file in our office at all times.
3. UTILITIES - The Tenants agrees to pay for any and all utilities or public services required. Tenants agree to maintain all utility services, i.e. electricity, natural gas and
water and sewer service as required to operate all heating and cooling systems as
applicable and in accordance with municipal ordinances.
4. TAXES - Tenants shall pay when due all taxes of any kind or nature imposed or assessed upon the merchandise, inventory, or other personal property brought onto the premises by or for the Tenants. Landlord shall pay when due all real property taxes on the demised property.
5. SITE MAINTENANCE – The Landlord and Tenants agree that the Tenants shall prepare and maintain the site in a neat, clean and satisfactory condition. The Tenants shall not make any site alterations without written consent of the Landlord.
6. ASSIGNMENT OR SUBLETTING - Tenants shall not assign this lease or sublet
any part of the demised premises, except with the prior written consent of the Landlord,
its heirs, successors or assigns.
7. INSURANCE -Landlord hereby asserts and Tenants acknowledge that the Landlord provides NO INSURANCE on any property located on the demised premises or for any of the Tenants’ property or operations, authorized or unauthorized. The Landlord recommends that all tenants obtain renter’s insurance in adequate coverage amounts.
8. SPECIFIC USE AND HOLD HARMLESS AGREEMENT - Landlord and Tenants hereby agree that the premises shall be used only by tenant as a single family residence. All risk of loss shall be the responsibility of the Tenants. Furthermore, Tenants agree to indemnify and hold harmless the Landlord from any and all liabilities and claims that may arise from Tenants’ use of the property, whether authorized or unauthorized.
9. NOTICE TO TERMINATE - At any time during the term of this lease agreement,
but in no event less than one year, the Landlord may terminate the agreement upon 30 days notice in writing to the Tenants. Upon notice the Tenants will pay no further rent without penalty if the premises are vacated within 30 days. Furthermore, Landlord may terminate this lease at any time upon Tenants non-compliance with any terms of this lease agreement.
10. SITUS - This agreement shall be interpreted under the laws of the State of North
Carolina and the laws of said state shall control.
IN TESTIMONY WHEREOF, the Landlord and the Tenant have hereunto set their hands and seals and has caused these presents to be executed the day and year first above written.
LANDLORD:
C.W. Myers Trading Post, Inc.
by______
______
TENANTS
______
______
The undersigned tenant hereby agrees to comply with the rules and restrictions of the C.W. Myers Trading Post, Inc. Rental Agreement as listed below at all times:
1) ALL RENT will be paid in full on or before the due date;
2) The Tenant agrees that:- they will use the installed heat source when heat is required ( i.e. gas furnace, oil furnace, electric heat, etc.) -will not use any other source except in an emergency -they will provide filters to heat/ventilation units as needed.
3) The Tenant must be able to obtain utility service in the name of the persons listed as tenant or co-tenant.
4) The Tenant acknowledges that they have received information regarding the possibility that lead or lead-based materials may exist in or on the residence. Tenant acknowledges that they have received the required disclosure document indicating the information about lead-based materials. Landlord hereby represents that they have no knowledge whether lead or lead-based materials do or do not exist on the premises. However, it should be assumed that any residence constructed before 1978 probably has some materials containing some lead.
5) The property must be kept neat and clean at all times, specifically;
-yard mowed -garbage in approved containers -no abandoned vehicles or appliances –no debris -NO ALCOHOLIC BEVERAGE CONTAINERS IN THE YARD
6) No more than TWO (2) vehicles per house shall be normally allowed unless permission obtained in advance. No working on autos or trucks in the yard.
7) ABSOLUTELY NO DOGS, CATS, OR OTHER similar pets will be allowed in the house, and tenant must comply with all City of Winston Salem regulations regarding animals (leash laws).
8) No person may occupy the property on a permanent basis unless their name is listed on the Rental Application. Permanent basis shall mean in excess of one week. Tenant MAY NOT rent, sublease or charge any other occupants any fees on a per diem or periodic basis or based on rooms utilized.
9) Tenant shall comply with all City ordinances regarding noise and disturbing of the peace.
10) No tenant shall operate a business unless the property is properly zoned and the proper County and City Licenses have been obtained.
11) Landlord shall have the right to conduct an inspection of the property once each 30 days at a time convenient to the tenant.
12) No ILLEGAL activities (DRUGS, LIQUOR, GAMBLING, ETC.) shall be conducted on the rented premises.
13) The tenant is responsible for keeping batteries in the operating smoke detector(s) and the Carbon monoxide detector(s). The tenant shall notify the Landlord in writing immediately if the smoke detector, etc. does not work. Tenant is responsible for all light bulbs and HVAC filters needed.
14) The tenant shall not remove any items included with the property as rented (carpet, appliances, fixtures, etc.) Or make any alterations to the property without the written permission of the Landlord.
15) The tenant acknowledges that in older residences basements and crawl spaces will leak and/or retain water. The tenant uses these areas at their own risk. Landlord is not responsible for any damage to ANY tenant personal property used or stored in these areas.
16) Tenant acknowledges that Landlord maintains NO INSURANCE on ANY personal property located on these premises and is not responsible for any damage to contents. Failure to comply with any or all of the above regulations will be cause for eviction.
(signed)______Tenant
(signed)______Co-tenant