Wood Family Partnership Sample Lease
Wood Family Partnership Sample Lease
Wood Family Partnership Sample Lease
RESIDENTIAL LEASE
THIS LEASE IS A LEGALLY BINDING CONTRACT, IF ANY OF THE TERMS ARE
UNCLEAR TO YOU, SEEK COMPETENT ADVICE BEFORE SIGNING:
1. Parties: This lease is made under the provisions of the Virginia Residential Landlord Tenant
4th
July
2014
Act, this _________
Day of _______________.
________.
By and between
Wood Family Partnership, LP
________________________________________________,
hereinafter called Owner and
John Doe and Jane Smith
__________________________________________________________________________
jointly and severally, hereinafter called Tenant and provides that the owner hereby leases
to the tenant under the terms and conditions below:
5. Rent: Tenant agrees to pay owner, at below listed address or such other reasonable place as
the owner may from time to time designate in writing, by check, money order or
electronically in advance, on the first day of each month during the term, without deduction
or demand:
1000.00
one thousand and 00/100************************
Rent as follows $ _______________
(______________________________
dollars)
Wood Family Partnership
Per month in advance, checks made payable to ____________________________
and delivered to 208 Ash Avenue, Suite 101, Virginia Beach, Virginia 23452.
6. Late Fee: In the event any installment of rent is not paid within five days after it becomes
due, a late fee of $100.00 is due.
7.
Bad Checks: In the event a check is returned for any reason, Tenant shall pay the returned
check fee of $50.00 and late fee if applicable.
8. Automatic Renewal Of Lease: It is agreed that unless owner gives Tenant, or Tenant gives
owner, written notice at least 30 days prior to the expiration date of this lease on the first
day of any month, of the notifying partys intention to terminate this lease at the normal
expiration date,This Lease Shall Automatically renew Itself, as a joint tenancy and shall so
continue from month to month until 30 days notice is given in writing by either party on the
first day of any month, prior to the expiration of the current term.
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1000.00
9. Security Deposit: The Tenant has deposited with the owner the sum of $_______________
as a security for the payment of the rent and for the faithful performance by the Tenant of all
the terms and conditions of this lease including, but not limited to, surrendering the property
in good condition, reasonable wear & tear accepted. Owner agrees to inspect the premises
after the tenant vacates the premises and before occupancy by another Tenant. The security
deposit, less any amounts properly retained under the terms of this lease, will be mailed to
the Tenant not more than thirty days after the tenant surrenders the premises, along with an
itemized account of sums deducted for damages, etc. No security deposit will be returned to
any Tenant occupying the premises for less than 12 months, unless otherwise provided
herein. Tenant further agrees the deposit will not be used for any rent or charge payable
during the term of this lease.
10. Utility Services: The owner agrees to provide the following utility services in reasonable
NONE
quantities:___________________________.
List utilities included or write none
11. Conditions Of The Premises: Deficiencies of items of disrepair existing at the beginning of
the term shall be itemized by the Tenant within five days after occupancy, by giving written
notice to owner. In the absence of written notice from Tenant, within five days after
occupancy, it shall be presumed the demised premises are in a fit and habitable condition
save for such items, if any, as have been itemized by Tenant. Damages not so noted will be
charged to the tenant at the time of Owners final inspection at the termination of occupancy
and may be deducted by owner from the security deposit. Tenant acknowledges that Owner
has no obligation to replace blinds or make other cosmetic repairs noted by Tenant.
12. Repairs To Premises: The Tenant shall give the Owner prompt notice of any defects in or
accidents to the water or steam pipes, electrical wiring, heating apparatus, or any other part of
the leased premises, and likewise shall give the owner prompt notice of any defects in or
accidents to the range, oven, refrigerator, dishwasher, air conditioning unit, washer and
dryers, garbage disposal unit and any other fixtures that are now or may be placed in the
premises by the owner. The Owner agrees to use due diligence in repairing the said premises
and fixtures , except the Tenant shall be responsible for the presence, maintenance and
batteries of any smoke alarm. Tenant shall bear sole responsibility of repairing or
replacing broken glass, screens, doors and wood regardless of the cause of the damage and
any other portions of said premises and fixtures whenever they have been damaged by the
misuse or neglect of the Tenant, his family, servants, employees or guests. Tenant shall keep
the premises in clean and sanitary condition and free of pests. Failure of Tenant to change
HVAC filters on a monthly basis will result in a deduction of $250.00 from security
deposit.
13. Injuries To Persons & Property: Owner shall not be liable for any injury or damage to
persons or property either caused by or resulting from wind, hail, fire, fallen plaster,
dampness, overflow or leakage upon the property of water, rain, snow, ice sewage, tree
limbs, steam , gas, or electricity, or by any breakage in or malfunctioning of pipes, plumbing
fixtures, air conditioners, or appliances, or leakage, breakage, or obstruction of soil pipes, nor
for the injury or negligence from any cause, unless any such injury or damage shall be the
result of willful misconduct or negligence of owner, and Tenant shall give prompt notice to
owner of any of the forgoing occurrences, however caused. Tenant is required to procure
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renters insurance prior to occupancy and maintain coverage for the duration of
occupancy.
14. Assigning & Subletting: The Tenant shall not assign or sublet the premises during the term
of this lease, without written consent of the owner, but such consent shall not be
unreasonably withheld.
15. Unlawful Use, Disturbance, Noises ETC.: The Tenant shall not use, or permit to be used,
the leased premises for any unlawful purpose, or do or permit any unlawful act in or upon the
leased premises. The Tenant shall not or permit to be made any disturbing noises or do or
permit any act which will unreasonably interfere with the rights, comforts or conveniences of
any other Tenants or people. The Tenant shall not play in a disturbing manner any musical
instrument or radio, T V and stereo in the leased premises, and shall not conduct or permit to
be conducted vocal or instrumental practice at any time.
16. Pets: No animals, birds, or pets of any kind, wild or domestic, shall be permitted, kept or
harbored in the leased premises without Tenant having first obtained written consent of the
Owner. If Owner gives consent, it shall not thereafter be unreasonably revoked during the
term of this lease. Revocation of such consent shall not be deemed to be unreasonably
revoked where the revocation is due to the pet having constituted a nuisance, having become
dangerous to other tenants, their families, servants, employees, or guests or to Owner, or
having been subject to reasonable complaints by other Tenants or neighbors. If Tenant has a
pet on the property without permission, a fee of $350.00 will be assessed.
17. Installations; Damage To Premises: The Tenant shall not install in or on the premises an
air conditioning unit, washing machine, antenna of any kind, water filled furniture (including
but not limited to aquariums and water beds), portable heaters, wood-burning stoves or any
fixture that causes damage to the interior or exterior of the property, including the yard,
without written consent of the Owner. Whether existing at the time of lease or installed by
Tenant, any landscaping or other plants with roots firmly ensconced in the ground shall be
considered a fixture and may not be removed by Tenant without Owners written permission.
Tenant shall not install new locks on any door, interior or exterior. Tenant may install new
burglary prevention and fire detection devices provided the installation does no permanent
damage to any part of the premises and a duplicate of all keys and instructions on how to
operate all such devices are given to the owner. The Tenant shall not damage or injure the
floors, walls, woodwork, or windows of the leased premises, reasonable wear & tear
excepted.
18. Misuse Of Plumbing: The water closets and other water & sewer apparatus and fixtures
shall not be used for purposes other than those for which they were designed, and no
sweepings, sanitary napkins, disposable diapers, rags, ashes, or other improper articles shall
be thrown therein. Tenant shall regularly clean drains and remove hairballs, grease and food
debris. The cost of repairing any damage resulting from misuse of any of the same shall be
borne by the tenant.
19. Condemnation: In the event the premises shall be taken or condemned for public purpose
by proper authority, this lease terminates on the date of such taking and the entire award shall
be the sole property of the Owner.
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20. Objectionable Conduct, etc. Owners Remedies: If the Owner shall at any time reasonably
deem that there has occurred materially objectionable conduct on the part of the Tenant, his
family, servants, employees, or guests, due to material annoyance or disturbance that effect
other Tenants or neighbors, or due to material breaches of the terms and conditions of this
lease, including but not limited to material breaches of the Rules & Regulations that are a
part of this lease, then the Owner shall have the right and option to serve upon the Tenant a
written notice specifying the acts and omissions constituting the breach and terminate the
lease upon a date not less than thirty days after receipt of the notice, if the breach is not
remedied in twenty one days.
21. Wrongfully Vacating, etc., The Premises: If the Tenant shall wrongfully quit, vacate or
abandon the leased premises, Owner may elect to accept such abandonment as a surrender of
the lease and relet the premises. If the Owner rents the premises for a term beginning prior to
the expiration of this lease, this lease shall be deemed terminated as of the date the new
tenancy begins. Tenant shall give Owner notice of anticipated extended absence of Tenant
from the premises in excess of seven (7) days. During any such absence of Tenant, Owner
may enter the property at times reasonably necessary to protect the property and any
possessions of Tenant in or on the property.
22. Owners Access To Leased Premises: Owner will have access during reasonable business
hours to inspect the premises, make necessary repairs, and during the last thirty days of the
term of this lease, to show the leased premises to prospective Tenants, but such access shall
be the right of the owner only if reasonable written, telephonic, or personal notice of owners
intent to enter the leased premises is given and Tenant consents, provided further however,
the Tenant may not unreasonably withhold such consent. Owner may enter the Tenants
premises without first securing Tenants consent only when a bona fide emergency exists
which threatens serious loss, damage, or injury to persons or property, and Tenant can not be
reached, or Tenant unreasonably withholds consent, or the emergency is of such a nature that
it would be unreasonable to require owner to attempt to secure Tenants consent.
23. Waiver Of One Breach Not A General Waiver: No waiver of any breach of any
covenants, provisions or conditions contained in this lease shall be construed as a waiver of
the covenant itself or of any subsequent breach thereof, and if any breach shall occur and
afterwards be compromised, settled or adjusted, this lease shall continue in full force and
effect as if no breach had occurred.
24. Attorneys Fees, etc.: Tenant hereby agrees to pay all costs, expenses, fees and charges
incurred by owner in enforcing, by legal action or otherwise, any of the provisions, covenants
and conditions of this lease including such attorneys fees as may be permitted by the
Virginia Residential Landlord and Tenant Act. Any unpaid amounts due shall be charged
an interest rate of ten percent (10%) per annum.
25. Trash & Garbage: The owner may designate how and where garbage and trash may be
stored and the manner of disposal of same.
26. No verbal or oral promises that change or add to or contradict the above written
provisions of this lease shall be effective, except as provided by law, therefore, all
promises or representations should be made in writing.
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27. Owner has no knowledge of the presence of any hazardous materials on the property,
including but not limited to lead-based paint or asbestos-containing materials. Tenant
agrees to hold Owner harmless and release Owner from all liability if hazardous
materials are subsequently discovered.
28. Disclosures: William C. Wood is a licensed real estate salesperson and a member of
the ownership entity. No real estate company has any involvement in this transaction.
29. Servicemembers Civil Relief Act. Any member of the United States armed forces or a
member of the National Guard on full-time duty may terminate this rental agreement prior to
the end date if he/she has received permanent change of station (PCS) orders to depart 35
miles or more (radius) from the location of the dwelling unit; or has received temporary
duty orders (TDY) in excess of three months' duration to depart 35 miles or more (radius)
from the location of the dwelling unit; or is discharged or released from active duty with
the armed forces of the United States; or is ordered to report to government-supplied
quarters resulting in the forfeiture of basic allowance for quarters.
Servicemembers who qualify to terminate a rental agreement under this section must provide
the landlord a written notice of termination effective on a specific date stated in the notice.
The date of termination must be not less than 30 days after the first date on which the next
rental payment is due and payable after the date on which the written notice is given.
Additionally, the termination date shall be no more than 60 days prior to the date of departure
necessary to comply with the official orders or any supplemental instructions for interim
training or duty prior to the transfer.
Prior to the termination date, Tenant shall furnish Owner with a copy of the official
notification of the orders or a signed letter, confirming the orders, from the tenant's
commanding officer.
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Signatures: In witness thereof of the owner and Tenant have executed this lease in duplicate as
of the day and year first above written:
Wood Family Partnership LP by Sam Jones, Mgr
7-4-2014
Owner:___________________________________________
Date:_____________________
John Doe
Tenant:___________________________________________
7-4-2014
Date:_____________________
10-10-1972
Date of Birth:_____________________
123-45-6789
Social Security Number:_________________________
Jane Smith
Tenant:___________________________________________
10-03-1976
Date of Birth:_____________________
987-65-4321
Social Security Number:_________________________
Tenant:___________________________________________
Date of Birth:_____________________
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7-4-2014
Date:_____________________
Date:_____________________
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ADDENDUM 1
Tenant hereby agrees to abide by the following rules and regulations:
1.
Tenant will keep the premises in safe, clean, sanitary, vermin-free condition, including any exterior
areas allocated for Tenants use excepting reasonable wear and tear, and make no alterations or
additions thereon without the written consent of Owner. Tenant will maintain the premises in such a
manner as to prevent water damage and mold growth, including keeping doors and windows closed
during rain or snow events.
2.
Tenant will replace all broken glass, repair any damage to interior or exterior walls, electrical or
plumbing fixtures, screens, doors and other furnishings. If Tenant requests service from Owner,
Tenant will be responsible for service charge if no repair is necessary, if appointment is broken or if
vendor cannot gain access.
3. Tenant will keep sinks, lavatories, and commodes open provided they are open when the premises are
accepted. (Notice of any malfunction must be reported within 5 days of occupancy. Owner will pay to
remove roots from sewer lines.);
4. Tenant will use power, water and other utilities in a responsible manner and will insure that heating
and air conditioning systems, plumbing systems, kitchen and laundry appliances and electrical
systems are properly maintained. Tenant will not permit utilities to the property to be disconnected or
cut off. Tenant will repay Owner for any service to the heating system caused by Tenant's misuse or
inadequate supply of fuel. Tenant will keep heating and air conditioning filters changed monthly
5. Tenant will not allow any accumulation of waste, trash or debris inside or outside of the house, will
keep the areas of the lawn in his care properly cut and maintained and will not allow any inoperable,
unlicensed or uninspected vehicles to be stored on the property. Tenant assumes all responsibility for
any code violations and associated fines or fees issued as a result of Tenants occupancy.
6. Tenant will not remove or tamper with any smoke detector or carbon monoxide detector, including the
removal of batteries so as to render it inactive.
7. Tenant will not use the premises for any illegal activities, including but not limited to the possession,
sale, manufacture or use of any controlled substance and will not permit such activity by his family,
guests, employees or servants.
8. Tenant will not keep on the premises any hazardous materials, explosives, flammable liquids or
materials or any other items that might result in health or fire hazards.
9. Tenant acknowledges receipt of Tenant Handbook outlining care and maintenance instructions.
Wood Family Partnership, LP
By Sam Jones, Mgr
Owner:_______________________________
7-4-2014
Date:_____________________
7-4-2014
John Doe
Tenant:_______________________________
Date:_____________________
Jane Smith
7-4-2014
Tenant:_______________________________
Date:_____________________
Tenant:_______________________________ Date:_____________________
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ADDENDUM 2
15
495.00
33.00
____________ days X $___________ per day = _____________________________
7-4-2014
Date:_____________________
John Doe
7-4-2014
Tenant:_______________________________
Date:_____________________
Jane Smith
7-4-2014
Tenant:_______________________________
Date:_____________________
Tenant:_______________________________ Date:_____________________
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ADDENDUM 3
1000.00
$___________________.
100.00
John Doe
7-4-2014
Date:_____________________
7-4-2014
Tenant:_______________________________ Date:_____________________
Jane Smith
7-4-2014
Tenant:_______________________________
Date:_____________________
Tenant:_______________________________ Date:_____________________
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ADDENDUM 4
Tenant is hereby granted permission to keep the following pet(s) in the home:
Type of Pet
Breed
Pets Name
Pets Age
Dog
Dachsund
Spot
Cat
Tabby
Fluffy
Tenant agrees to the following prior to allowing the animal to reside in the property:
1. Tenant will provide a $100.00 non-refundable pet fee.
(**Fee only waived for service animal with documentation)
2. Tenant will provide evidence of Renters Insurance to Owner.
3.
Tenant will, upon termination of lease, have all carpets professionally cleaned and
deodorized and have the premises professionally exterminated.
4. At no time will Tenant permit any aggressive breeds to occupy the property. Aggressive
breeds include, but are not limited to Pit Bull Terriers, Staffordshire Terriers, Rottweilers,
German Shepherds, Presa Canarios, Chows, Doberman Pinschers. Akitas. Wolf-hybrids,
Mastiffs, Cane Corsos, Great Danes, Alaskan Malamutes, Dalmations and Siberian
Huskies.
5. By signing below, Tenant releases Owner from all liability for injury or damage caused
by animals residing in property.
Owner:_______________________________
7-4-2014
Date:_____________________
7-4-2014
John Doe
Tenant:_______________________________
Date:_____________________
Jane Smith
7-4-2014
Tenant:_______________________________
Date:_____________________
Tenant:_______________________________ Date:_____________________
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RECEIPT
200.00
(Circle one)
495.00
(Circle one)
Cash provided:
$________________________
Check(s) provided:
$________________________
Check number(s):
_________________________
Deposit
Deposit
Rent
Pet Fee
Rent
Pet Fee
Rent
Pet Fee
12345
(Circle one)
900.00
Deposit
12-3456789
1595.00
John Doe
7-4-2014
Date:_____________________
7-4-2014
Tenant:_______________________________ Date:_____________________
Jane Smith
7-4-2014
Tenant:_______________________________
Date:_____________________
Tenant:_______________________________ Date:_____________________
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ADDENDUM 5
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JD / JS
JD / JS
John Doe
7-4-2014
Jane Smith
7-4-2014