Room Rental Contract
I. Introduction
This Room Rental Contract ("Contract") is entered into on January 15, 2050, by and between [Your Name], residing at [Your Company Address], and Hank Wilkins, residing at Fort Wayne, IN 46801. The purpose of this Contract is to establish the terms and conditions under which the room located at [Your Company Address] will be rented.
II. Description of the Premises
The rented room ("Room") is situated within the property at [Your Company Address]. This Room is being offered as a private, furnished space suitable for residential use.
Room Details
Size: Approximately 200 square feet.
Furnishings Provided: Bed, desk, chair, and closet.
Shared Amenities: Access to a shared kitchen, bathroom, and living area.
III. Term of the Contract
Lease Duration
The tenancy shall begin on February 1, 2050, and continue on a month-to-month basis unless terminated in accordance with the terms outlined in Section V of this Contract.
IV. Rent and Payment Terms
Monthly Rent
The monthly rent for the Room is $800. Rent is due on the 1st day of each month, starting February 1, 2050.
Payment Method
All rent payments shall be made directly to [Your Name]. For payment arrangements, the Tenant is advised to contact [Your Name] at [Your Email].
Late Payment
A late fee of $50 will be charged for any rent payment made after the 5th day of the month.
V. Termination
Termination by Tenant
The Tenant may terminate this Contract by providing a 30-day written notice to the Landlord.
Termination by Landlord
The Landlord reserves the right to terminate this Contract with a 30-day written notice, provided such termination complies with state laws.
VI. Security Deposit
Deposit Amount
The Tenant shall pay a security deposit of $1,200 before moving into the Room.
Refund Conditions
The security deposit will be refunded within 30 days after the Contract ends, provided there are no damages, unpaid rent, or violations of the Contract.
VII. Utilities and Services
The monthly rent includes the following utilities and services:
Any additional utilities or services required by the Tenant must be arranged and paid for separately.
VIII. House Rules and Responsibilities
Tenant Responsibilities
Maintain cleanliness and order in the Room and shared areas.
Refrain from causing damage to the property.
Comply with all local laws and regulations.
Landlord Responsibilities
Provide the Tenant with a habitable, furnished Room.
Ensure that shared amenities are in working order.
IX. Governing Law
This Contract is governed by the laws of the State of Indiana. Any disputes arising under this Contract shall be resolved under the jurisdiction of Indiana courts.
X. Signatures
By signing this Contract, both parties agree to abide by the terms and conditions outlined herein.
Landlord:
[Your Name]
Date: January 9, 2050
Tenant:
Hank Wilkins
Date: January 9, 2050
Agreement Templates @ Template.net
