Tenancy Proposal
I. Introduction
This Tenancy Proposal outlines the terms and conditions for renting the property located at Portland, OR 97201. Prepared by [YOUR NAME], we are excited to present a proposal that aligns with both the tenant's needs and the landlord's requirements, aiming to facilitate a smooth and mutually beneficial agreement. The terms suggested herein are open to negotiation and we look forward to discussing them further.
II. Property Details
The property available for rent is located at Portland, OR 97201 and is available for immediate occupancy. Please find below the specifics of the property being proposed for lease:
Property Detail | Description |
|---|
Property Address | Portland, OR 97201 |
Type of Property | Residential/Commercial |
Total Square Footage | 1,200 sq. ft. |
Bedrooms | 2 |
Bathrooms | 2 |
Additional Features | Balcony, Garage, Pet-friendly |
III. Proposed Lease Terms
The following lease terms are proposed by the tenant for your consideration:
Term | Proposed Detail |
|---|
Lease Duration | 12 months (Start: May 1, 2050) |
Monthly Rent | $2,500.00 |
Security Deposit | $5,000.00 |
Lease Start Date | May 1, 2050 |
Lease End Date | April 30, 2051 |
Rent Payment Due Date | 1st of each month |
IV. Rent Payment & Conditions
Rent will be paid monthly on the first day of each month via bank transfer to the designated account provided by the landlord. A late fee of $100 will be applied if payment is not received within 5 days of the due date. The security deposit is refundable at the end of the lease term, provided the property is returned in good condition.
V. Special Terms and Requests
In addition to the standard lease terms, the tenant proposes the following special requests:
Pets: The tenant requests permission to have one small dog (under 20 pounds) during the lease term.
Alterations: The tenant may wish to paint the walls in neutral tones; approval from the landlord is requested before making any changes.
Parking: Request for designated parking space for one vehicle.
VI. Maintenance and Repairs
The tenant agrees to maintain the property in good condition and to promptly report any necessary repairs. The landlord will be responsible for maintaining the major systems of the property, including plumbing, HVAC, and structural integrity. Both parties agree to work together to address maintenance issues as they arise.
VII. Renewal Options
At the end of the proposed lease term, the tenant would like the option to renew the lease for an additional 12 months under the same terms or with slight adjustments based on market conditions. The renewal option must be exercised at least 30 days prior to the lease expiration date (by March 30, 2051).
VIII. Conclusion
We believe that this proposal provides a fair and equitable starting point for both parties and we are open to discussing any adjustments you may require. We look forward to your feedback and hope to proceed to a formal lease agreement soon.
Prepared by:
[YOUR NAME]
[YOUR EMAIL]
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