Apartment Lease Agreement

This Apartment Lease Agreement ("Agreement") is entered into on March 1, 2059 by and between [YOUR NAME] ("Landlord") and Barry Morar ("Tenant").

I. PROPERTY DESCRIPTION

The Landlord hereby leases to the Tenant the apartment located at Charlotte, NC 28202 ("Premises").

II. TERM OF LEASE

The term of this lease shall begin on March 1, 2059 and:

• Shall continue until February 28, 2060 ("Fixed Term"), OR

• Shall continue on a month-to-month basis after February 28, 2060 until terminated by either party with proper notice as specified in this Agreement.

III. RENT

1. The monthly rent shall be 1,800 USD, payable in advance on or before the 1st of each month.

2. Rent payments shall be made to [YOUR NAME] at Charlotte, NC 28202.

3. Late fees of 75 USD shall apply if rent is not paid within 5 days of the due date.

IV. SECURITY DEPOSIT

The Tenant shall pay a security deposit of 1,800 USD to the Landlord upon signing this Agreement. The security deposit shall be held to cover damages beyond normal wear and tear and unpaid rent, and it will be returned within 30 days of the termination of this lease, less any deductions with an itemized statement.

V. UTILITIES

The following utilities and services shall be paid as follows:

• Electricity: Paid by Tenant

• Water: Paid by Landlord

• Internet: Paid by Tenant

VI. OCCUPANTS

The Premises shall be occupied only by the Tenant and the following individuals:

• N/A.

VII. PET POLICY

The Premises:

• Do Not Permit pets.

VIII. MAINTENANCE AND REPAIRS

1. The Landlord is responsible for repairs not caused by the negligence of the Tenant.

2. The Tenant shall maintain the Premises in a clean and habitable condition and notify the Landlord promptly of any damage or necessary repairs.

IX. ALTERATIONS

The Tenant shall not make any alterations to the Premises without prior written consent from the Landlord.

X. ENTRY BY LANDLORD

The Landlord may enter the Premises for inspection, repairs, or showings by providing the Tenant with at least 24 hours notice, except in cases of emergency.

XI. TERMINATION

Either party may terminate this Agreement by providing written notice as follows:

• For Fixed Term: 30 days prior to the lease end date.

• For Month-to-Month: 30 days written notice.

XII. DEFAULT

Failure to comply with the terms of this Agreement may result in termination of tenancy, forfeiture of the security deposit, and/or legal action.

XIII. GOVERNING LAW

This Agreement shall be governed by the laws of the State of North Carolina.

XIV. SIGNATURES

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

LANDLORD:
[YOUR NAME]
Date: March 1, 2059

TENANT:
Barry Morar
Date: March 1, 2059

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