Residential Rental Agreement

This Residential Rental Agreement is entered into between the Landlord, [Your Name], and the Tenant, [Tenant's Name], for the rental of the property located at [Your Company Address].

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1. Lease Term

The lease term shall commence on March 1, 2050, and shall continue until February 28, 2050, unless terminated earlier according to the terms of this agreement.

2. Rent

The monthly rent for the premises shall be $1,200 and shall be payable in advance on the 1st day of each month.

3. Security Deposit

The Tenant agrees to pay a security deposit of $1,500 upon signing this agreement. This deposit shall be held by the Landlord as security for any damages or unpaid rent.

4. Use of Premises

The premises shall be used solely as a private residence by the Tenant and their immediate family members.

5. Maintenance and Repairs

The Landlord shall be responsible for maintaining the premises in good repair, including repairs to structural components, plumbing, heating, and electrical systems. The Tenant shall be responsible for keeping the premises clean and in good condition.

6. Utilities

The Tenant shall be responsible for paying all utilities and services associated with the premises, including electricity, water, gas, and internet.

7. Termination

Either party may terminate this agreement with 30 days written notice to the other party. Upon termination, the Tenant shall vacate the premises and return possession to the Landlord in the same condition as received, normal wear and tear excepted.

8. Governing Law

This agreement shall be governed by and construed by the laws of [State/Country].

9. Signatures

In witness whereof, the parties have executed this Agreement as of the date first above written.

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[Your Name]
[Date Signed]

[Tenant Name]
[Date Signed]