LEASE

216 East Taylor Avenue

Wildwood, NJ 08260

Unit:_______________________                                            Dates:_3pm______________________________11am/2008

 

Initial Payment 60% of rent: __________________ Date due:_________________/2008

                40% of rent: __________________ Date due:_________________/2008

  $100/BR/week_____ Security greater than 30 days before arrival date + 7% NJ sales tax____: ________Date due:________________/2008

  Lock Box #:________

 

Lease is subject to the following terms and conditions:

 

 1.            OCCUPANCY: Limit of _______ people sleeping in rental unit or using laundry facility, outside shower, or any other shared common area.

 

 2.            PETS: Pets are welcome. Pet-owners are responsible for pet clean-up promptly.

 

 3.            UTILITIES: Utilities are included in the rental.

 

 4.            END OR TERM: On expiration of this lease, the tenant will leave the premises. Tenant accepts responsibility for leaving the premises clean and orderly similar to condition when tenant entered the premises. Trash & recyclables separated & removed, floors broom-clean, kitchen/bath wiped down, dishware clean.

 

 5.            ACCEPTANCE: This lease is subject to the approval of the LANDLORD upon receipt of payment of rent in advance.

 

 6.            DEFAULT: If any rent is unpaid, as scheduled above, this lease will be in default and subject to cancellation.

 

 7.            PAYMENT OF RENT: TENANT understands that all payments made are “rent in advance” and not deposits.

 

 8.            NO SUBLETTING: The TENANT shall not sublet the premises without written consent of the LANDLORD.

 

 9.            CANCELLATION: If the TENANT wishes to cancel this lease, such request must be made in writing. This contract shall be terminated only after a replacement tenant is secured without loss to LANDLORD or with permission of LANDLORD. A cancellation fee of 10% of the total rent paid, not to exceed $100.00, will be deducted.

 

10.           SIGHT UNSEEN RENTALS: It is strongly recommended that anyone signing a lease personally inspect the property beforehand. If TENANT elects to waive inspection of property, then TENANT agrees to accept the property in “as is” condition and waives any and all claims against the condition of the property.

 

11.           NO LIABILITY: LANDLORD shall not be liable for injury or damage to TENANT or any person who uses or is on the premises, or be liable for damage to their property, unless it results from LANDLORD’s gross negligence. TENANT is responsible for all acts of TENANT’s family, employees, and persons TENANT invites onto the premises.

 

12.           PEACEFUL ENJOYMENT: The LANDLORD agrees that the TENANT, upon paying all rent and performing all conditions of this lease, may peaceably, lawfully, and quietly have, hold and enjoy the leased premises for the term of this lease. The LANDLORD or his agent reserves the right to show the property for sale or rent at reasonable hours. LANDLORD is responsible for any approvals, licenses and permits required.

 

13.           MEGAN’S LAW STATEMENT: Under New Jersey Law, the County Prosecutor determines whether and how to provide notice of the presence of a convicted sex offender in the area. The County Prosecutor may be contacted for such further information as may be disclosed to you.

 

14.           SECURITY DEPOSIT: For leases of less than 60 days, the security deposit will be held by the LANDLORD. For leases of 60 days or more, the security deposit will be placed by the LANDLORD into an interest-bearing account to accrue interest in favor of the TENANT in accordance with  New Jersey Statute regarding security deposits.

 

Within 30 days after the end of the lease, the LANDLORD will return the security deposit plus interest directly to the TENANT. The LANDLORD may deduct the cost of any damages or cost to replace any missing items or costs of cleaning if end of term requirements are not met. LANDLORD must provide TENANT with an itemized list of these deductions. TENANT hereby agrees to replace and/or repair any damage from this security deposit and will be responsible for damages in excess of the security deposit amount. Tenants with security deposits held in interest-bearing accounts must be notified by LANDLORD within 30 days of receipt of the name, address, and account number of the banking institutions where deposited.

 

17.           ADDITIONAL CONDITIONS:

 

Signatures: 

      

       Kathleen R. Belko

                 Tenant                                                                                                            Landlord

    Balance:                                                                Received on:                                /2008