Rental Agreement

Date: October 4, 2050

I. Parties Involved

This Rental Agreement is made and entered into on the date specified above by and between [YOUR COMPANY NAME] (hereinafter referred to as "Landlord") with the business address at [YOUR COMPANY ADDRESS] and Lyda Fadel (hereinafter referred to as "Tenant"), with contact information as detailed below:

Tenant's Name	Email	Contact Number
Lyda Fadel	lyda@you.mail	222 555 7777

The Landlord and Tenant are collectively referred to as the "Parties."

II. Property Details

This agreement pertains to the rental of the following property:

Property Address	Property Type	Size
Miami, FL 33101	Commercial Office Space	1,200 sq. ft.

Premises Usage: The property is to be used solely for commercial business purposes related to office operations and must comply with all local, state, and federal regulations. Any other use requires prior written approval from the Landlord.

III. Term of Lease

Lease Duration

The lease begins on October 5, 2050, and ends on October 4, 2051.

Renewal Option

Upon mutual agreement, the lease may be renewed for an additional term. The Tenant must notify the Landlord 30 days before the lease end date for renewal consideration.

IV. Rental Payment

Payment Amount

The Tenant agrees to pay a monthly rental amount of $2,500 due on the first day of each month.

Payment Method

Payments shall be made via electronic bank transfer to the Landlord’s account as follows:

Bank Name	Account Number	Routing Number
Sun Bank	987654321	123456789

Late Fees

A late fee of $50 will apply if rent is not paid within 5 days of the due date.

V. Security Deposit

Deposit Amount

The Tenant shall pay a security deposit of $2,500 to cover any damages or defaults.

Deposit Return Conditions

The security deposit will be returned within 30 days after lease termination, pending inspection of the premises to confirm no damages or outstanding balances.

VI. Maintenance and Repairs

Tenant Responsibilities

The Tenant agrees to maintain the property in good condition and promptly report any necessary repairs to the Landlord.

Landlord Responsibilities

The Landlord shall handle all structural repairs, including heating, ventilation, plumbing, and electrical systems unless damages are caused by the Tenant’s actions.

VII. Utilities and Services

The Tenant shall be responsible for arranging and paying for utilities, including but not limited to:

Service	Responsibility
Electricity	Tenant
Water	Tenant
Internet & Phone	Tenant
Property Maintenance	Landlord

VIII. Insurance

The Tenant is required to obtain and maintain a general liability insurance policy with a minimum coverage of $500,000. Proof of insurance must be provided to the Landlord before moving in.

IX. Termination and Default

Early Termination

If the Tenant wishes to terminate the lease before its expiration, they must provide 60 days written notice and pay an early termination fee equivalent to one month’s rent.

Grounds for Default

Grounds for default include failure to pay rent, subleasing without permission, or use of the property for unlawful purposes. Upon default, the Landlord reserves the right to terminate the lease and seek damages.

X. Governing Law

This Agreement shall be governed by the laws of the State of Florida, without regard to its conflict of law principles.

---

Signatures

By signing below, both parties agree to adhere to the terms of this Rental Agreement:

Landlord: [YOUR COMPANY NAME]
Authorized Representative: [YOUR NAME]
Date: October 4, 2050

Tenant: Lyda Fadel
Date: October 4, 2050

Agreement Templates @ Template.net