Family Member Rental Agreement Letter
Family Rental Agreement Letter
[Your Name]
[Your Company Name]
[Your Company Address]
[Your Company Email]
[Your Company Number]
February 12, 2050
Katherine Rivers
1484 Cedar Road
Hills Creek, CA 90154
Dear Katherine Rivers,
I hope this letter finds you well. This letter serves as a formal agreement regarding the rental of the property located at 678 Oak Street, Hills Creek, CA 90156. As discussed, we have agreed to the following terms for the rental of this property:
1. Rental Property:
The property being rented is located at 678 Oak Street, which includes 3 bedrooms, 2 bathrooms, a living room, a kitchen, and a small backyard.
2. Rental Term:
The rental agreement will commence on March 1, 2050, and will continue on a month-to-month basis until terminated by either party with a 30-day written notice.
3. Rent Payment:
The monthly rent will be $1,500. Rent is due on the 1st of each month and should be paid via bank transfer to the account details provided.
4. Security Deposit:
A security deposit of $1,500 is required. This deposit will be held to cover any potential damages and will be refunded at the end of the rental term, subject to the condition of the property.
5. Utilities and Expenses:
The following utilities and expenses are the responsibility of the tenant: electricity, water, and internet. The landlord will cover trash collection and landscaping services.
6. Maintenance and Repairs:
The tenant agrees to maintain the property in a clean and orderly manner. Any necessary repairs or maintenance beyond normal wear and tear will be addressed by the landlord. The tenant should report any issues promptly.
7. Use of Property:
The property is to be used solely as a residential dwelling and may not be sublet or used for commercial purposes.
8. Termination:
Either party may terminate this agreement with a 30-day written notice. Upon termination, the tenant agrees to vacate the property and return all keys and access devices to the landlord.
9. Additional Terms:
No pets are allowed on the premises. Smoking is prohibited inside the property.
Please sign below to indicate your agreement to the terms outlined above. A copy of this agreement will be provided for your records.
Thank you for your attention to this matter.
Sincerely,
[Your Name]
Agreed and Accepted by:
Katherine Rivers
[Date]