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Facilitator's Guide: - College in Colorado

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Grade 11, Money Matters 6: Sign<strong>in</strong>g a Lease<br />

Student Handbook, Lease Agreement<br />

REPAIRS AND MAINTENANCE: Tenant agrees to notify Landlord immediately if any repairs are<br />

necessary. Landlord agrees to regularly ma<strong>in</strong>ta<strong>in</strong> the build<strong>in</strong>g and grounds <strong>in</strong> a clean, orderly, and<br />

safe manner, <strong>in</strong>clud<strong>in</strong>g removal of ice and snow. Landlord further agrees upon notice by Tenant to<br />

complete, with<strong>in</strong> a reasonable time, all necessary repairs <strong>in</strong>clud<strong>in</strong>g those of appliances and utilities,<br />

which are furnished with the premises.<br />

RIGHT OF ENTRY: Landlord may enter premises at reasonable times for the purposes of <strong>in</strong>spection,<br />

ma<strong>in</strong>tenance or repair, and to show the premises to buyers or prospective tenants. In all <strong>in</strong>stances,<br />

except those of emergency or abandonment, the Landlord shall give 24-hour notice prior to such<br />

an entry.<br />

CHANGE OF TERMS: The terms and conditions of this agreement are subject to future change by<br />

Landlord after the expiration of the agreed lease period upon 30-day written notice sett<strong>in</strong>g forth<br />

such change and delivered to Tenant.<br />

TERMINATION: After expiration of the leas<strong>in</strong>g period, this agreement is automatically renewed<br />

from month to month, but may be term<strong>in</strong>ated by either party giv<strong>in</strong>g to the other a 30-day written<br />

notice of <strong>in</strong>tention to term<strong>in</strong>ate. The premises shall be considered vacated only after all areas <strong>in</strong>clud<strong>in</strong>g<br />

storage areas are clear of all Tenant’s belong<strong>in</strong>gs, and keys and other property furnished<br />

for Tenant’s use are returned to Landlord. Should the Tenant hold over beyond the term<strong>in</strong>ation date<br />

or fail to vacate all possessions on or before the term<strong>in</strong>ation date, Tenant shall be liable for additional<br />

rent and damages.<br />

RECEIPT OF AGREEMENT: The undersigned Tenants have read and understand this Agreement and<br />

hereby acknowledge receipt of a copy of this Rental Agreement.<br />

TENANT’S Signature __________________________________ Date______________<br />

TENANT’S Signature __________________________________ Date______________<br />

LANDLORD’S Signature _______________________________ Date______________<br />

© 2010 Roads to Success. For <strong>in</strong>formation on re-use under our Creative Commons Attribution Non-Commercial Share Alike license, visit www.roadstosuccess.org.<br />

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