Victoria Room Rental Agreement
I. Introduction
This Room Rental Agreement ("Agreement") is entered into on this day of January 9, 2050, by and between [Your Name], whose principal place of business is located at [Your Company Address], and Emie Howell, whose address is 1234 Maple Street, Melbourne, Victoria, 3000. Both parties agree to the following terms and conditions for the rental of the room located at 5678 Oak Avenue, Victoria, 3000.
II. Room Rental Terms
1. Rental Period
The rental period shall commence on January 9, 2050, and continue until January 9, 2051, unless otherwise terminated in accordance with the terms of this Agreement.
2. Rental Payment
The total rental payment for the period outlined above shall be $12,000 AUD, due in monthly installments of $1,000 AUD, payable on the 9th of each month.
3. Late Fees
Any payment not made within 5 days after the due date shall incur a late fee of $50 AUD.
4. Security Deposit
A refundable security deposit of $1,000 AUD shall be paid by the Tenant prior to the start of the rental term. The deposit will be returned to the Tenant within 30 days following the termination of the Agreement, subject to deductions for damages, unpaid rent, or other charges.
III. Responsibilities of the Landlord
1. Maintenance of Premises
[Your Name], as the Landlord, agrees to maintain the premises in good condition, including making necessary repairs to the room or building, ensuring that plumbing, electrical systems, and heating are in proper working order.
2. Access to the Premises
The Landlord retains the right to access the premises for purposes of inspection, repair, or showing to prospective tenants with at least 24 hours' written notice provided to the Tenant.
IV. Responsibilities of the Tenant
1. Payment of Rent
The Tenant agrees to pay rent in a timely manner, as described in the "Rental Payment" section of this Agreement.
2. Maintenance of Room
The Tenant agrees to keep the rented room in clean and sanitary condition and promptly notify the Landlord of any damage, issues, or repairs needed.
3. Unauthorized Subletting
The Tenant agrees not to sublet the room or transfer their rights under this Agreement without the express written consent of the Landlord.
V. Termination of Agreement
1. Early Termination
Either party may terminate this Agreement early by providing 60 days written notice to the other party. In the case of early termination, the Tenant agrees to pay any remaining rent due for the period of notice.
2. Default
If either party defaults on the terms of this Agreement, the other party may terminate the Agreement immediately with written notice. In such cases, the Tenant will be required to vacate the premises within 10 days of receiving the notice.
VI. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Victoria, without regard to its conflict of law principles. Both parties submit to the exclusive jurisdiction of the courts of the State of Victoria.
VII. Dispute Resolution
In the event of a dispute, both parties agree to attempt to resolve the issue amicably through mediation before seeking any other form of legal action.
VIII. Contact Information
Should any party need to reach out for clarification or to resolve any matters related to this Agreement, they are encouraged to contact [Your Name] at [Your Email].
IX. Signatories
The undersigned parties, by affixing their signatures below, acknowledge and agree to the terms of this Agreement as of January 9, 2050.
Landlord
Name: [Your Name]
Date: January 9, 2050
Tenant
Name: Emie Howell
Date: January 9, 2050
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