Free Room and Board Rental Agreement Template
Room and Board Rental Agreement
I. Agreement Overview
This Room and Board Rental Agreement ("Agreement") is made and entered into on this 9th day of January, 2050, by and between [Your Name], with a principal place of business at [Your Company Address], ("Landlord") and Barry Morar, with an address located at Charlotte, NC 28202 ("Tenant"). Both parties agree to the terms and conditions set forth below.
II. Rental Terms
1. Room and Board Description
The Landlord agrees to provide a room, along with associated board (meals and general living accommodations), to the Tenant. The room, located at [Your Company Address], shall be used for residential purposes only.
2. Lease Term
This Agreement shall be effective from the 1st day of February, 2050, and shall continue until the 31st day of January, 2051, unless earlier terminated in accordance with the terms of this Agreement.
III. Payment and Rent
1. Rent Amount
The Tenant agrees to pay a monthly rent amount of $1,500 for the use of the room and board, due on the 1st of each month. The first payment shall be made on February 1st, 2050.
2. Late Payment
If payment is not made within five (5) days of the due date, the Tenant shall be charged a late fee of $100 for each day of delay.
IV. Responsibilities of the Landlord
The Landlord shall:
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Provide a clean and habitable room for the Tenant, along with the agreed-upon board (meals and related services).
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Maintain the facilities in good working condition, including plumbing, heating, and electrical systems.
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Ensure the common areas are cleaned and maintained regularly.
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Provide [Your Email] as a point of contact for any issues or requests.
V. Responsibilities of the Tenant
The Tenant agrees to:
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Pay the rent promptly each month as outlined in the payment terms.
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Keep the room and any common areas clean and free from damage.
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Abide by any house rules established by the Landlord.
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Contact the Landlord via [Your Email] in case of any maintenance issues or questions regarding the room or board.
VI. Termination of Agreement
Either party may terminate this Agreement by providing at least 30 days written notice to the other party. The Tenant agrees to vacate the room and return all keys upon the expiration of the notice period. Any damage beyond normal wear and tear will be deducted from the security deposit.
VII. Governing Law
This Agreement shall be governed by the laws of the State of North Carolina, without regard to its conflict of law principles.
VIII. Signatures
This Agreement is binding upon signature by both parties. By signing, each party acknowledges that they have read, understood, and agreed to all terms outlined in this Agreement.
Landlord
[Your Name]
Date: January 9, 2050
Tenant
Barry Morar
Date: January 9, 2050
For any questions or clarifications, please feel free to reach out to [Your Name] at [Your Email].
