Free Tenancy Agreement for Renting a Room

This Tenancy Agreement ("Agreement") is made and entered into on January 1, 2059, by and between [YOUR NAME] ("Landlord") and Barry Morar ("Tenant").

I. Property Details

The Landlord hereby rents to the Tenant the following premises:

• A room located at Charlotte, NC 28202 ("Property").

II. Term of Tenancy

1. Start Date: The tenancy shall commence on February 1, 2059.

2. Duration: The tenancy will continue on a fixed term basis of 12 months.

3. End Date: The tenancy will terminate on January 31, 2060, unless renewed or terminated earlier in accordance with this Agreement.

III. Rent

1. Monthly Rent: The Tenant shall pay a monthly rent of $800.00.

2. Payment Due Date: Rent is due on the 1st day of each month.

3. Payment Method: Rent shall be paid via bank transfer:

   • Account Name: [YOUR NAME]

   • Account Number: 123456789

   • Bank Name: Sky Bank

IV. Security Deposit

1. Amount: The Tenant shall pay a refundable security deposit of $800.00 prior to moving in.

2. Refund: The deposit will be refunded upon termination of this Agreement, subject to deductions for damages or unpaid rent.

V. Utilities and Services

1. The following utilities are included in the rent: water, electricity, internet.

2. The Tenant shall be responsible for the following utilities: gas.

VI. House Rules

The Tenant agrees to abide by the following rules:

1. No smoking inside the Property.

2. No pets are allowed unless agreed upon in writing by the Landlord.

3. Quiet hours are from 10:00 PM to 7:00 AM.

VII. Maintenance and Repairs

1. The Tenant must maintain the room in a clean and habitable condition.

2. The Landlord is responsible for repairs due to normal wear and tear.

3. The Tenant must promptly report any maintenance issues to the Landlord.

VIII. Termination

1. Either party may terminate this Agreement by providing 30 days' written notice.

2. Early termination by the Tenant may result in a penalty of one month's rent.

IX. Liability and Insurance

1. The Landlord is not responsible for loss or damage to the Tenant's personal belongings.

2. The Tenant is encouraged to obtain renter’s insurance.

X. Entire Agreement

This Agreement represents the entire understanding between the parties. Any amendments must be made in writing and signed by both parties.

XI. Governing Law

This Agreement shall be governed by the laws of North Carolina.

IN WITNESS WHEREOF, the parties have executed this Agreement on the date written above.

LANDLORD:
[YOUR NAME]
Date Signed: January 1, 2059

TENANT:
Barry Morar
Date Signed: January 1, 2059

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