Private Tenancy Agreement

This Private Tenancy Agreement (the "Agreement") was made and entered on this 12th day of December of 2056 (the "Effective Date") by and between [LANDLORD NAME] (the "Landlord") and [TENANT NAME] (the "Tenant"). This Agreement outlines the terms and conditions that both parties are willing to accept regarding the rental of the said residential property.

1. RENTAL PROPERTY

1.1 Property Description:

The individual known as the Landlord, by the contents of this document, officially grants rental permission to the interested party, hereafter referred to as the Tenant. The property being rented out by the Landlord to the Tenant is situated at [FULL ADDRESS OF THE PROPERTY]. The details for this accurate geographical location are herein termed the "Property". The Tenant has expressed a willingness to lease the abovementioned Property by happily agreeing to comply with the set of stipulations and conditions detailed in this document. It should be noted that the Property in question is classified as residential property, and, by mutual agreement between the Landlord and the Tenant, it is confirmed that the Property will strictly and exclusively be utilized for purposes associated with residential living only.

2. RENT AND DEPOSIT

2.1 Rental Amount:

It has been mutually agreed upon that the amount to be paid as rent for the property is to be [RENT AMOUNT] every month. The payment should ideally be made on or before the first day of each month as per the calendar.

2.2 Security Deposit:

2.2.1 Deposit Requirement: The Tenant will also provide a security deposit amounting to [SECURITY DEPOSIT] upon the execution of this Agreement.

2.2.2 Deposit Usage: The Landlord will have the right to use the deposit to cover any unpaid rents, damages to the property beyond normal wear and tear, and any other amounts due under this Agreement.

3. TERM OF LEASE

3.1 Lease Duration:

The initial term of this Lease shall commence on [LEASE START DATE] and expire on [LEASE END DATE]. Thereafter, this Lease shall automatically renew on a month-to-month basis unless either party provides written notice of termination at least [Number of days] days before the end of the current term.

3.2 Rental Rate and Adjustment:

The rental rate for the initial term shall be [RENT AMOUNT] per month, payable in advance on the [INSERT DAY] day of each month. Upon renewal of the Lease term, the rental rate may be subject to adjustment based on market conditions. Any adjustments shall be mutually agreed upon by both parties and documented in writing.

3.3 Termination:

Either party may terminate this Lease upon the expiration of the initial term or any renewal term by providing written notice of termination at least [Number of days] days in advance. Early termination before the expiration of the initial term may be subject to penalties or fees as outlined in this Agreement.

4. MAINTENANCE AND REPAIR

4.1 Property Maintenance:

The Tenant will keep the Property and its furnishings, fixtures, and appliances clean and sanitary.

4.2 Damage Responsibility:

Any damage to the Property, whether caused by the Tenant or their guest, will be repaired and paid for by the Tenant.

4.3 Routine Maintenance:

The Tenant shall be responsible for routine maintenance tasks such as lawn care, snow removal (if applicable), changing light bulbs, and replacing air filters.

4.4 Reporting of Maintenance Issues:

The Tenant shall promptly notify the Landlord of any necessary repairs or maintenance issues affecting the Property. Failure to report such issues promptly may result in additional damages or costs for which the Tenant may be held responsible.

4.5 Emergency Maintenance:

In the event of an emergency maintenance issue posing an immediate threat to health, safety, or property, the Tenant shall notify the Landlord or designated property manager immediately. The Landlord shall promptly address emergency maintenance requests to mitigate any further damage or risk.

4.6 Landlord's Maintenance Responsibilities:

The Landlord shall be responsible for maintaining the structural integrity of the Property and ensuring that all major systems (e.g., plumbing, heating, electrical) are in good working order. The Landlord shall promptly address any maintenance issues that are the result of normal wear and tear or conditions beyond the Tenant's control.

5. DEFAULT

5.1 Termination Clause:

If the Tenant fails to comply with any of the material provisions of this Agreement, or of any present rules and regulations governing the Property, the Landlord may terminate this Agreement upon providing proper notice to the Tenant.

IN WITNESS WHEREOF, the parties have executed this Private Tenancy Agreement effective as of the date first written above:

[LANDLORD NAME]
[DATE SIGNED]

[TENANT NAME]
[DATE SIGNED]