Sample Rental Agreement
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RENTAL AGREEMENT
1. Parties: This agreement is made and entered into on _____________________, between_____________________________________________________
__________hereinafter "Tenants", and_________________________________________________________
____________ hereinafter "Owner".
2. Premises: Subject to the terms and conditions below, Owner rents to tenants, and tenants rent from Owner, for residential purposes only, the premises known as_______________________, located at ____________________________________________________________
____, Maryland.
3. Term: The terms of the rental shall begin on ______________, and shall continue as follows on a Month-to-Month basis, the tenancy terminable by Owner or Tenants by the giving of 60 days written notice to the other.
4. Rent: On signing this agreement, Tenants shall pay to Owner the sum of $__________as rent, payable in advance, for the period of________________ through____________. Thereafter, Tenants shall pay to owner a monthly rent of___________, payable in advance on the first day of each month. Rent shall be paid to (address) ____________________________________________________________
____.
5. Late Charges: If Tenants fail to pay the rent in full within ten days after it is due, Tenant will be notified of collection action by agency used at Owner's discretion.
6. Deposit: On signing this agreement, Tenants shall pay to Owner the sum of $_____________ and for security. Tenants, may not, without Owner' s prior written consent, apply this security deposit to rent or to any other sum due under this agreement. Within two weeks after Tenants have vacated the premises, Owner shall furnish Tenants with an itemized written statement of the basis for, and the amount of, any of the security deposit retained by the Owner. Owner may withhold only that portion of Tenants' security deposit necessary (a) to remedy any default by Tenants in the payment of rent, (b) to repair damages to the premises exclusive of ordinary wear and tear, and/or, (c) to clean the premises if necessary.
7. Utilities: Tenants shall be responsible for payment of all utility charges.
8. Use and Occupancy: The premises are to be used only as a private residence for Tenants listed in Clause 1 of this agreement, a total of__________occupants, and for no other purpose without Owner's prior written consent. Guests may stay up to seven days in any one-month period if they register with the Owner. Guests staying more than seven days are prohibited without Owner's written consent and shall be considered to be a breach of paragraph 11 of this agreement.
9. Condition of Premises: Tenants acknowledge that they have examined the premises, including carpets, drapes, and paint, and have found them to be in good, safe and clean condition and repair, except as otherwise noted during a videotaped walk-through inspection and given to Owner, a copy of which Tenants hereby acknowledge receipt of, and which is hereby deemed to be incorporated into this agreement by this reference. Tenants agree to (a) keep the premises in good order and repair, and, upon termination of tenancy, to return the premises to Owner in a condition identical to that which existed when Tenants took occupancy, except for ordinary wear and tear, (b) immediately notify Owner of any defects or dangerous conditions in and about the premises of which they become aware, and (c) reimburse to Owner, on demand by Owner or his or her agent, for the cost of any repairs to the premises damaged by Tenants, or their guests or invitees. Tenant will also be responsible for lawn care and snow removal on the premises.
10. Possession: The failure of Tenants or either of them, to take possession of the premises shall not relieve them of their obligation to pay rent. In the event Owner is unable to deliver possession of the premises to Tenants for any reason not within Owner's control, including but not limited to failure of prior occupants to vacate as agreed or required by law, or partial or complete destruction of the premises, Owner shall not be liable to Tenant, except for the return of all sums previously paid by Tenant to Owner, in the event Tenant chooses to terminate this agreement as a result of Owner's inability to deliver possession.