Condo Lease Agreement Form

The Parties

This Condo Lease Agreement ("Agreement") is entered into as of Month Day, Yearby and between Landlord's Namewith a principal address located at Landlord's Address ("Landlord"), and Tenant's Name, with a primary address located Tenant's Address ("Tenant"). The Landlord and Tenant may collectively be referred to as the ("Parties") or individually as a ("Party").

WHEREAS, the Landlord is the owner of a condominium located at Property Address ("Condo");

WHEREAS, the Tenant desires to lease the Condo from the Landlord under the terms and conditions set forth in this Agreement;

WHEREAS, both Parties agree to abide by all the rules and regulations governing the Condo as established by the Condominium Association;

NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the Parties agree as follows:

Leased Premises

The Landlord hereby leases to the Tenant, and the Tenant hereby leases from the Landlord, the Condo described above, which consists of Number of bedrooms, Number of bathrooms, a living area, a kitchen, and all other spaces commonly associated with a residential condominium unit.

Appliances

The Tenant agrees to use all appliances responsibly and maintain them in good working condition throughout the lease term. The Tenant shall promptly notify the Landlord of any malfunction or damage to any appliances. The Landlord agrees to repair or replace defective appliances unless the damage results from the Tenant’s negligence or misuse.

Term and Termination

Term

The term of this Agreement shall commence on Month Day, Year and shall continue until Month Day, Year unless terminated earlier by either Party in accordance with this Agreement. The Tenant may renew the lease at the end of the term by providing written notice to the Landlord at least No. of daysdays before the lease expiration date. Any renewal is subject to the Landlord’s approval and may require adjustments to the rent or other terms.

Termination

The Landlord may terminate this Agreement if the Tenant breaches any of the terms and conditions contained herein. The Tenant may terminate the lease by providing a written notice of at least No. of days days. Upon termination, the Tenant agrees to vacate the Condo, remove all personal belongings, and leave the premises in a clean and orderly condition. Failure to do so may result in additional charges.

Payment

Rent

The Tenant agrees to pay the Landlord a monthly rent of Amount. Rent is due on the Day of each month. If the rent is not paid within No. of days days after the due date, a late fee of Amount shall be applied. Payment shall be made by Payment Methods to the Landlord at Landlord's Payment Address or any other location specified by the Landlord in writing.

Security Deposit

The Tenant shall pay a security deposit of Amount upon signing this Agreement. The security deposit shall be held by the Landlord as security for any damage to the Condo beyond normal wear and tear or any breach of the terms of this Agreement. Upon termination, the Landlord will refund the security deposit, less any lawful deductions, within No. of days days.

Utilities

The Tenant is responsible for all utilities, including but not limited to electricity, water, gas, internet, and cable services. The Landlord shall not be liable for any interruption or disconnection of utility services due to the Tenant's non-payment or negligence. Any utility services that are included in the rent shall be specified in a separate addendum. The Tenant agrees to use all utilities reasonably and conservatively.

Maintenance and Repairs

The Tenant agrees to maintain the Condo in good condition and to keep it clean, safe, and habitable throughout the term of this lease. The Tenant shall promptly notify the Landlord of any repairs needed to maintain the Condo in a habitable condition. The Landlord is responsible for any repairs not caused by the Tenant's negligence, misuse, or intentional damage. The Tenant is responsible for minor maintenance tasks, such as changing light bulbs or air filters. The Landlord reserves the right to enter the Condo to inspect or make necessary repairs, with reasonable notice.

Subleasing

The Tenant shall not sublease the Condo or any portion thereof without the prior written consent of the Landlord. Any unauthorized subleasing shall be considered a breach of this Agreement and may result in termination of the lease. If the Landlord consents to a sublease, the Tenant remains fully responsible for all obligations under this Agreement. The Tenant shall ensure that any sublessee complies with all terms and conditions of this Agreement. The Landlord reserves the right to screen and approve any potential sublessee.

Abandonment

If the Tenant abandons the Condo, the Landlord shall have the right to re-enter and take possession of the property without terminating this Agreement. The Tenant will be considered to have abandoned the Condo if they are absent for more than No. of days days without notice and have failed to pay rent. The Landlord may, at their discretion, remove any personal property left in the Condo and store it at the Tenant's expense. Any costs associated with the re-entry, storage, or re-renting of the property shall be charged to the Tenant. The Tenant shall remain liable for rent payments until the property is re-rented or the lease term ends.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State Name. Any disputes arising under this Agreement shall be resolved in the courts of State Name, and the Parties hereby consent to the jurisdiction of such courts. If any provision of this Agreement is found to be invalid or unenforceable, the remainder of this Agreement shall remain in full force and effect. The Parties agree to seek alternative dispute resolution before pursuing litigation. This Agreement constitutes the entire understanding between the Parties and supersedes all prior negotiations and agreements.

Miscellaneous Provisions

Entire Agreement

This Agreement constitutes the entire understanding between the Parties regarding the lease of the Condo and supersedes all prior agreements, representations, or warranties, whether oral or written. Any amendments or modifications to this Agreement must be in writing and signed by both Parties to be effective. No waiver of any provision of this Agreement shall be valid unless it is in writing and signed by the Party against whom it is sought to be enforced. Each Party acknowledges that they have read and understood all terms and conditions set forth in this Agreement.

Severability

If any provision of this Agreement is deemed to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such provision shall be modified to the minimum extent necessary to make it enforceable or, if modification is not possible, shall be severed from the Agreement. The remaining provisions shall continue in full force and effect. The invalidity of any provision shall not affect the validity or enforceability of any other provision of this Agreement. Both Parties agree to negotiate in good faith to replace any invalid or unenforceable provision with a valid provision that achieves the intended effect.

Indemnification

The Tenant agrees to indemnify and hold harmless the Landlord from and against any claims, liabilities, damages, and expenses, including reasonable attorney's fees, arising out of or related to the Tenant’s use and occupancy of the Condo. This indemnification obligation includes claims arising from injury to persons or damage to property occurring within the Condo, except to the extent caused by the Landlord’s gross negligence or willful misconduct. The Landlord shall promptly notify the Tenant of any claim for which indemnification is sought. This indemnification provision shall survive the termination or expiration of this Agreement.

Amendment

No amendment or modification of this Agreement shall be valid unless it is in writing and signed by both Parties. Any changes to the Agreement must be mutually agreed upon and documented in a written amendment. Oral agreements or changes to the terms of this Agreement are not enforceable. The Landlord and Tenant agree that no course of conduct or failure to enforce any provision of this Agreement shall be deemed an amendment or waiver of any of its terms.

Signatures

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

Landlord Name: Date:

Tenant Name: Date:

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