Room Rental Proposal

Room Rental Proposal

I. Introduction

Welcome to your Room Rental Proposal! This document outlines the terms and expectations for renting a room at a property managed by [YOUR NAME]. We are committed to providing you with a comfortable and secure living experience. This proposal details everything you need to know about the rental agreement, from payment terms to house rules. Please review all sections carefully before signing.

II. Room Details

This proposal concerns the rental of a fully furnished room located in a spacious shared house. The room comes with all necessary utilities, including internet, water, and electricity. The details of the room are as follows:

  • Room Type: Single Bedroom

  • Size: 120 sq. ft.

  • Amenities: Queen-size bed, wardrobe, desk, and chair

  • Shared Areas: Kitchen, living room, bathroom, and backyard

III. Rental Terms

  • Rental Rate: $850 per month

  • Lease Duration: 12 months (starting from January 1, 2050)

  • Start Date: January 1, 2050

  • End Date: December 31, 2050

  • Payment Due: Rent is due on the 1st of each month

  • Security Deposit: $850 (refundable if there is no damage to the room)

IV. Utilities and Additional Costs

The rental rate includes the following utilities:

Utility

Included

Electricity

Yes

Water

Yes

Internet

Yes

Cable TV

No

Heating/Cooling

Yes

Please note that the following utilities are not included in the rental price:

  • Cable TV: $50/month (optional)

  • Cleaning Services: $100/month (optional)

V. House Rules

To ensure a pleasant living experience, the following house rules must be followed:

  • Noise: No loud music or parties after 10 PM

  • Guests: Overnight guests are not permitted without prior approval

  • Smoking: No smoking inside the house

  • Pets: No pets allowed

These rules apply to all tenants and are designed to maintain a respectful and quiet living environment.

VI. Payment Terms and Late Fees

Rent payments must be made monthly on or before the 1st of each month. If payment is not received within 5 days of the due date, a late fee of $50 will be applied. The following outlines the payment schedule:

Month

Rent Due

Late Fee (if applicable)

January 1, 2050

$850

$50 (if late)

February 1, 2050

$850

$50 (if late)

March 1, 2050

$850

$50 (if late)

Payments can be made via bank transfer, check, or digital payment apps such as PayPal or Venmo.

VII. Termination and Renewal

Both parties have the option to terminate the rental agreement with 60 days' notice before the lease end date. If you wish to renew the lease after the initial term, we can discuss an extension or new terms at least 30 days before the lease expires.

  • Notice of Termination: November 1, 2050 (for lease ending on December 31, 2050)

  • Renewal Term: Available upon request

VIII. Conclusion

Thank you for considering this room rental proposal. We hope that the terms and details provided meet your expectations. Should you agree to the proposal, we look forward to a positive and mutually beneficial rental experience. Please do not hesitate to reach out with any questions or clarifications.

Prepared by: [YOUR NAME]
Email: [YOUR EMAIL]

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