Simple Room Rental Agreement
I. Agreement Overview
This Room Rental Agreement ("Agreement") is made and entered into as of January 9, 2050, by and between [Your Name], located at [Your Company Address], and Elvie Block, whose address is Minneapolis, MN 55401, and whose email is elvie@you.mail. This Agreement outlines the terms and conditions under which [Your Name] will rent a room to Elvie Block.
II. Term of Rental
The rental term will commence on January 9, 2050, and will continue until terminated by either party, with a minimum notice period of 30 days. The rental duration may be extended or modified upon mutual agreement by both parties.
III. Rent Payment and Deposits
Rent Amount
The rent for the room is set at $1,200 per month, due on the 1st day of each month.
Security Deposit
A refundable security deposit of $1,500 will be collected at the start of the rental term. This deposit will be returned to Elvie Block upon termination of this Agreement, minus any deductions for damages or unpaid rent.
IV. Rights and Responsibilities
Rights of [Your Name]
[Your Name] retains the right to inspect the room periodically with at least 24 hours' notice to Elvie Block.
[Your Name] may enter the room in the event of an emergency without prior notice.
Rights of Elvie Block
Elvie Block has the exclusive right to occupy the rented room without interference, subject to the terms of this Agreement.
Elvie Block may request repairs to the room, which will be addressed within a reasonable time frame.
V. Maintenance and Repairs
Elvie Block is responsible for keeping the room in clean condition, maintaining cleanliness, and handling minor repairs. [Your Name] will be responsible for any major repairs required to keep the room safe and functional.
VI. Termination of Agreement
Either party may terminate this Agreement by providing written notice to the other party 30 days before the desired termination date. If Elvie Block terminates the Agreement early, the security deposit will be refunded minus any outstanding rent or damages.
VII. Governing Law
This Agreement will be governed by the laws of the state of Minnesota, regardless of any conflicts of law principles.
VIII. Contact Information
For any inquiries or concerns related to this Agreement, please contact [Your Name] at [Your Email]. Should you need to address any urgent matters, you may also reach out to [Your Name] using the contact details provided.
IX. Signatories
By signing below, both parties confirm their agreement to the terms outlined in this Room Rental Agreement.
[Your Name]
Date: January 9, 2050
Elvie Block
Signature: ________________________
Date: January 9, 2050
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