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Residential Lease Or Month-To-Month Rental Agreement LR - Cox Castle

Residential Lease Or Month-To-Month Rental Agreement Form. This is a Cox Castle form and can be used in California Realtors Board .
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RESIDENTIAL LEASE OR MONTH-TO-MONTH RENTAL AGREEMENT (C.A.R. Form LR, Revised 11/08) Date , ("Landlord") and ("Tenant") agree as follows: 1. PROPERTY: A. Landlord rents to Tenant and Tenant rents from Landlord, the real property and improvements described as: ("Premises"). B. The Premises are for the sole use as a personal residence by the following named person(s) only: . C. The following personal property, maintained pursuant to paragraph 11, is included: or (if checked) the personal property on the attached addendum. ("Commencement Date"), (Check A or B): TERM: The term begins on (date) A. Month-to-Month: and continues as a month-to-month tenancy. Tenant may terminate the tenancy by giving written notice at least 30 days prior to the intended termination date. Landlord may terminate the tenancy by giving written notice as provided by law. Such notices may be given on any date. at B. Lease: and shall terminate on (date) AM/ PM. Tenant shall vacate the Premises upon termination of the Agreement, unless: (i) Landlord and Tenant have extended this agreement in writing or signed a new agreement; (ii) mandated by local rent control law; or (iii) Landlord accepts Rent from Tenant (other than past due Rent), in which case a month-to-month tenancy shall be created which either party may terminate as specified in paragraph 2A. Rent shall be at a rate agreed to by Landlord and Tenant, or as allowed by law. All other terms and conditions of this Agreement shall remain in full force and effect. RENT: "Rent" shall mean all monetary obligations of Tenant to Landlord under the terms of the Agreement, except security deposit. A. Tenant agrees to pay $ per month for the term of the Agreement. B. Rent is payable in advance on the 1st (or ) day of each calendar month, and is delinquent on the next day. C. If Commencement Date falls on any day other than the day Rent is payable under paragraph 3B, and Tenant has paid one full month's Rent in advance of Commencement Date, Rent for the second calendar month shall be prorated based on a 30-day period. other personal check, money order, cashier's check, or , to D. PAYMENT: Rent shall be paid by (name) (phone) at , (or (address) at any other location subsequently specified by Landlord in writing to Tenant) (and if checked, rent may be paid personally between the hours of on the following days ). If any payments and is returned for non-sufficient funds ("NSF") or because tenant stops payment, then, after that: (i) Landlord may, in writing, require Tenant to pay Rent in cash for three months and (ii) all future Rent shall be paid by money order, or cashier's check. SECURITY DEPOSIT: A. Tenant agrees to pay $ transferred to and held by the Owner as a security deposit. Security deposit will be of the Premises, or held in Owner's Broker's trust account. B. All or any portion of the security deposit may be used, as reasonably necessary, to: (i) cure Tenant's default in payment of Rent (which includes Late Charges, NSF fees or other sums due); (ii) repair damage, excluding ordinary wear and tear, caused by Tenant or by a guest or licensee of Tenant; (iii) clean Premises, if necessary, upon termination of the tenancy; and (iv) replace or return personal property or appurtenances. SECURITY DEPOSIT SHALL NOT BE USED BY TENANT IN LIEU OF PAYMENT OF LAST MONTH'S RENT. If all or any portion of the security deposit is used during the tenancy, Tenant agrees to reinstate the total security deposit within five days after written notice is delivered to Tenant. Within 21 days after Tenant vacates the Premises, Landlord shall: (1) furnish Tenant an itemized statement indicating the amount of any security deposit received and the basis for its disposition and supporting documentation as required by California Civil Code § 1950.5(g); and (2) return any remaining portion of the security deposit to Tenant. C. Security deposit will not be returned until all Tenants have vacated the Premises and all keys returned. Any security deposit returned by check shall be made out to all Tenants named on this Agreement, or as subsequently modified. D. No interest will be paid on security deposit unless required by local law. E. If the security deposit is held by Owner, Tenant agrees not to hold Broker responsible for its return. If the security deposit is held in Owner's Broker's trust account, and Broker's authority is terminated before expiration of this Agreement, and security deposit is released to someone other than Tenant, then Broker shall notify Tenant, in writing, where and to whom security deposit has been released. Once Tenant has been provided such notice, Tenant agrees not to hold Broker responsible for the security deposit. MOVE-IN COSTS RECEIVED/DUE: Move-in funds made payable to shall be paid by personal check, money order, or cashier's check. Category Rent from to *Security Deposit Other Other Total *The maximum amount Landlord may receive as security deposit, however designated, cannot exceed two months' Rent for unfurnished premises, or three months' Rent for furnished premises. )( ) Tenant's Initials ( Landlord's Initials ( Reviewed by 2. 3. 4. 5. Total Due (date) Payment Received Balance Due Date Due The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this form, or any portion thereof, by photocopy machine or any other means, including facsimile or computerized formats. Copyright © 1991-2008, CALIFORNIA ASSOCIATION OF REALTORS®, INC. ALL RIGHTS RESERVED. )( Date ) LR REVISED 11/08 (PAGE 1 OF 6) RESIDENTIAL LEASE OR MONTH-TO-MONTH RENTAL AGREEMENT (LR PAGE 1 OF 6) Agent: Broker: Phone: Fax: Prepared using WINForms® software Premises: Date: 6. LATE CHARGE; RETURNED CHECKS: A. Tenant acknowledges either late payment of Rent or issuance of a returned check may cause Landlord to incur costs and expenses, the exact amounts of which are extremely difficult and impractical to determine. These costs may include, but are not limited to, processing, enforcement and accounting expenses, and late charges imposed on Landlord. If any installment of Rent due from Tenant is not received by Landlord within 5 (or ) calendar days after the date due, or if a check is returned, Tenant shall pay to Landlord, respectively, an additional sum of $ or % of the Rent due as a Late Charge and $25.00 as a NSF fee for the first returned check and $35.00 as a NSF fee for each additional returned check, either or both of which shall be deemed additio
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