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:
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]
Proposal Templates @ Template.net
