Sample Good Lease
by: Wyoming Legal Services - Lander Office
Please read this information with Bad Lease Terms and Good Lease Terms both located in the Finding A Home to Rent Subtopic in the Housing Topic on this website.
Good lease terms are highlighted in blue
Terms that may, depending on your circumstances, present a problem are highlighted in fushia
Residential Lease Agreement
______________________,hereinafter referred to as "Tenant(s)," agrees to lease from, ____________________, hereinafter referred to as "Landlord", the premises situated in ________ County, ________, Wyoming, located at, ________________, hereinafter referred to as the premises, upon the following terms and conditions:
Term:
This lease is based on a lease beginning on the date of ________ and ending on the date of ________. If tenant desires to renew this lease, an addendum to this lease will be drafted for such purpose.
Payment of Rent: Monthly rent is ______dollars ($______), payable in advance on the first day of each calendar month. Rent shall be made payable to and mailed to
_________________________________________________
_________________________________________________
_________________________________________________
Returned check and Stop Payment:
In each instance that a check offered by Tenant to Landlord for any amount due under this Agreement, or in payment of rent, is returned for lack of sufficient funds, a "stop payment" or any other reason, a service charge of $20.00 will be assessed.
Late Charges:
If tenant fails to pay the rent in full before the end of the fifth (5th) day after it's due Tenant will be assessed a late charge of $10.00 (ten dollars) per day. Landlord reserves and in no way waives the right to insist on payment of the rent in full on the date it is due.
Tenant Examination and Acceptance of Premises:
Tenant acknowledges that they have examined the leased premises and their acceptance of this agreement is conclusive evidence that said premises are in good and satisfactory order and repair unless otherwise specified herein; and Tenant agrees that no representations as to the condition of the premises have been made and that no agreement has been made to redecorate, repair or improve the premises unless hereinafter set forth specifically in writing. Landlord will deliver the leased premises and all common areas in habitable condition, pursuant to applicable State law. Tenant takes premises in its AS IS condition.
Landlord certifies lead paint has/has not been used in the rented premises.
Occupancy and Use:
The premises are to be used only as a private residence for Tenant(s). The premises shall be occupied by no more than four people, including children. The premises shall not be used for any pupose other than a private residence.
Security Deposit:
Upon execution of this lease, Tenant will deposit with Landlord the sum of Six hundred dollars ($600.00), which is to be held as collateral security and applied on any rent or any other charge that may remain due and owing at the expiration of the agreement, any extension thereof or holding over period or applied on any damages to the premises caused by Tenant, his family, invitees, employees, trades people or pets, or other expenses suffered by Landlord as a result of a breach of any covenant of the Lease.
Tenant's deposit shall be refunded promptly upon his vacating the premises, except for lawful payment of damages. However, tenant will not be responsible for payment for ordinary wear and tear to the premises.
Insurance
Tenant is required to independently purchase renter's insurance to protect any and all of Tenant's personal property on the leased premises and/or in any common areas from any and all damages.
Utilities:
Tenant will be responsible and pay for the following utilities, including all required deposits (check those that apply).
____Gas ____Water ____Electric ____Refuse Collection ____Phone____TV
Tenant shall be responsible for contacting and arranging for any utility service not provided by Landlord, and for any utilities not listed above. Tenant shall be responsible for having same utilities disconnected on the day Tenant delivers the leased premises back unto Landlord upon termination or expiration of this Lease.
Landlord agrees to provide one large trash receptacle for Tenant's use.
Alterations and Repairs by Tenant:
Tenant will not, without Landlord's written consent, alter, re-key or install any locks to the premises or install or alter any burglar alarm system, remodel or make any structural changes, alteration or additions to the premises (a reasonable number of picture hanger excepted).
Assignment of Agreement and Subletting:
Tenant will not sublet the premises or any portion thereof, or assign this Lease without the prior written consent of Landlord.
Pets:
Tenant has two cats and has been given permission to have pets in the house. There is an additional $25.00 deposit per pet required. This is refundable, providing that there is no damage caused by the animals when tenant vacates the property.
Quiet Enjoyment:
Landlord agrees that Tenant, keeping and performing the covenants herein contained on the part of Tenant to be kept and performed, shall at all time during the existence of this lease, renewals or extensions peaceably and quietly, have, hold, and enjoy the leased premises, without suit, trouble or hindrance from Landlord, or any person claiming under Landlord.
Landlord agrees to maintain the electrical, heating, and plumbing systems, kitchen and laundry room appliances and provide hot and cold water.
Surrender of Premises:
Tenant will, upon termination of this Lease, surrender the premises and all fixtures and equipment of Landlord therein in good, clean and operating conditions, ordinary wear and tear excepted. Tenant shall, at time of vacating premises, clean said premises including stove and refrigerator and remove trash from the premises. Upon vacating the premises Tenant shall deliver all keys thereto to Landlord or his Agent within twenty- four (24) hours after vacating. Failure to comply will be cause to charge Tenant for changing locks.
Landlord's Right to Access and Inspection:
In addition to the rights provided by law, in the event of an emergency, to make repairs or improvements or to show the premises to prospective buyers or tenants or to conduct an annual inspection or to remove any alteration, additions, fixtures, and any other objects which may be affixed or erected in violation of the terms of this Lease, Landlord or Landlord's duly authorized agents may enter the premises. Except in cases of emergency, Tenant's abandonment of the premises, court order or where it is impractical to do so, Landlord shall give Tenant twenty-four (24) hours notice before entering.
Termination of Lease- Hold Over:
Either Landlord or Tenant may terminate this lease at the expiration of said Lease or any extension thereof by giving the other thirty (30) days written notice prior to the due date. Since time is of the essence in all matters of this Lease, and especially with respect to the issue of renewal, if Tenant shall hold over after the expiration of the term of this Lease, Tenant shall, in the absence of any written agreement to the contrary, be a tenant from month to month, as defined by applicable Wyoming law. All other terms and provisions of this Lease shall remain in full force and effect.
If tenant shall violate any hold over agreement and vacate premises without giving the required 30-days notice to Landlord, Landlord agrees to use due diligence to mitigate damages and to find another tenant as soon as possible.
Property Damage - Destruction of Property:
If the premises are rendered totally unfit for occupancy by fire, act of God, act of rioter or public enemies, or accident, the term of this Lease shall immediately cease upon the payment of rent apportioned to the day such happening. If however, the premises are only partially destroyed or damaged and Landlord decides to repair the same, such repairs shall be made by Landlord without unreasonable delay, and there shall be abatement in rent proportion to the relationship the damaged portion of the leased premises bears to the whole of said premises. Neither Tenant nor Tenant's guests and invitees will engage in any activity or action that may cause severe property damage.
Default / Breach by Tenant:
In the event of any default hereunder on the part of Tenant, his family, servant, guests, invitees, or should Tenant occupy the subject premises in violation of any lawful rule, regulation or ordinance issued promulgated by Landlord or any rental authority, then and in any of said events Landlord shall have the right to terminate this Lease by any and all methods allowed Landlord by Law.
Agents and Authority to Receive Legal Papers:
Any notice which either party may or is required to give, shall be in writing and may be given by mailing the same, by certified mail, and shall be deemed sufficiently served upon Tenant if and when deposited in the mail addressed to the leased premises, or addressed to Tenant's last known post office address, or hand delivered, or placed in Tenant's mailbox to Tenant at the premises. If Tenant is more than one person, then notice to one shall be sufficient as notice to all.
Landlord, any person managing the premises and anyone designated by Landlord as agent are authorized to accept service of process and receive other notices and demands which may be delivered to
Landlord: ________________________________________________
Address: ________________________________________________
_______________________________________________________
_______________________________________________________
Tenant acknowledges receipt of an executed copy of this Lease.
______________________________________________
Tenant's signature Date
______________________________________________
Agent signature Date
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