Read Lease 1

Rental/Lease Agreement

Dated:____/____/___

Agreement between ___________________________________________, tenant(s), and BNI, owners, for a dwelling located at _____________________, North Manchester, Indiana. 46962. Tenant(s) agree to lease this dwelling for a term of ____ months, beginning / / and ending / / for ^$ .⁰⁰ per month, payable in advance on the 1^st day of every calendar month to owners or their designated agent. Tenant(s) who are delinquent in making his/her payments are subject to a penalty of $10.00 (Ten) per each day late after a five day grace period; such penalty to be paid along with the rent that is owed. In addition to the monthly rent Tenant(s) must put all utilities in their name(s).

The security/cleaning deposit on this dwelling is ^$ .⁰⁰. Such deposit money cannot be applied towards the required monthly rent payment. The deposit money is refundable if tenant(s) leave the dwelling reasonably clean and undamaged. Any costs for cleaning, vandalism, pet damage, and/or trash/junk removal will be deducted from the deposit returned. No deposit will be returned in the case that Tenant(s) terminate the Lease Agreement prematurely and no deposit will be returned until 30 days after the lease expiration date.

Tenant(s) are responsible for mowing and general yard care.
Tenant(s) will put utilities in their name(s) immediately upon receiving keys.
The property is rented as a unit.
A maximum of ____ persons may live in this unit.
No pets are allowed on the premises (including visitor's pets).
The premises may not be used for business purposes.
No subletting will be permitted without the owner's written approval. Additional tenant(s) must be added to the lease agreement and cannot exceed the maximum indicated above.

Rules: Tenant(s) will observe and comply with such reasonable rules as owner may prescribe from time to time on written notice to tenant(s) for the safety, care and cleanliness of the property.

Tenant(s) agree to the following (where appropriate, the terms "she", "her" and "herself" can be submitted for "he", "his", and "himself"):

To take good care of the leased property; good housekeeping is expected of everyone. Tenant(s) agrees to keep quarters clean and in a sanitary condition. The tenant(s) agree not to permit any deterioration or destruction to occur while they are occupying the property.
To dispose from the dwelling unit all ashes, rubbish, garbage, and other waste in a clean and safe manner.
To keep all sinks, toilets, showers and bath tubs as clean as their condition permits.
To use in a reasonable manner all electrical, plumbing, sanitary, heating, ventilating and other facilities in the leased premises
Not to deliberately or negligently destroy, deface damage, impair, or remove any part of the premises or knowingly permit any person to do so.
To conduct himself and require other persons on the premises with his consent to conduct themselves in a manner that will not disturb his neighbor's peaceful enjoyment of the premises.
To keep from making loud noises and disturbances and to play music and broadcast programs at all times so as not to disturb other people's peace and quiet.
Tenant(s) are not to climb on to the roof(s) of the rented premises without the explicit permission of the owner.
Not to paint or alter the dwelling without first getting owner's written permission.
To use sparingly, only small nails and no sticky adhesive hangers as wall hangers.
Tenant's phone number should appear on all rent checks
To park their motor vehicle (s) in designated parking spaces and not on the lawn.
Junk cars, cars on blocks, non-functioning vehicles, or unlicensed automobiles are not permitted on property. Removal will be at the expense of the tenant(s).
To allow owners to inspect the dwelling, make necessary repairs, supply services, or show it to prospective buyers or renters at any and all reasonable times.
To pay for repairs of all damage, including drain stoppages, they or their guest have caused due to negligence.
To pay for windows broken in the leased buildings when such damage is caused by the tenant or tenant's guest.
Not to have any pets in the house or outside unless specifically agreed with the owner. Carpets will be professionally cleaned/replaced in the event that unauthorized pets are allowed on the premises at the tenants expense.
Insurance coverage on contents and personal property is responsibility of tenant(s) all merchandise and property in or about the leased premises shall be at tenant(s) sole risk, and tenant(s) does hereby, now and forever, release owner from any claim for damages, howsoever caused. Owner shall not be liable for damages or injury to any person occurring within the leased premises, unless proximity caused by or resulting from the negligence of owner, its agents, or employees in the operation or maintenance of the leased premises. The owner will carry hazard/liability insurance, but note that this does not cover the tenant(s) personal property.
To be responsible for any minor repairs deemed necessary. Major repair of damage not caused by renters will be paid by owners.
To put utilities in renter's name immediately; tenant(s) shall furnish and pay for all electricity, gas, fuel, water, cable television and other services used in or assessed against the leased premises. (Satellite Dish installation requires a permission note to the installer from the owner)
No illegal activity whatsoever is to be permitted on the rented premises; no illegal drugs are to be present or consumed on the on owner's property.
Owner will be notified immediately should threat(s), abuse or damage be made against the owner's property.
If anyone removes any property belonging to owner without the express written consent of the owner, this will constitute abandonment and surrender of the premises by tenant and termination by them of this Rental/Lease Agreement. Owner may also take further legal action.
If tenant(s) leave the premises unoccupied for 15 days without paying rent in advance for that month, or while owing any back rent from previous months, which has remained unpaid, the owner and/or his representatives have the right to take immediate possession of the property and to bar the resident from returning. Owner will also have the right to remove any property that the residents have left behind and store it at the tenant(s) expense for a period not to exceed 90 days
Tenant(s) agrees to notify owner immediately if roof leaks, water spots appear on ceiling, or at the first sign of termite activity.
The tenant(s) hereby state that any work or repairs that are to be done will be handled by competent professionals, unless tenant(s) are qualified and capable of doing work themselves and doing it properly, in a safe manner that meets all federal, state, and local regulations. Tenant(s) further state that they will be legally responsible for any mishap they either do themselves or hire others to do. Owner will be held free from harm and liability along with his agents and representatives.
In the event of damages to the leased premises by fire, explosion, providential means or any other casualty, without the fault of tenant(s), and if the damage is so extensive that it cannot reasonably be repaired within sixty (60) days after the date of such damage, then the term hereby created shall terminate as of the date of such damage and rent shall cease as of such date on the condition that tenant forthwith surrenders the premises to owner. In all other cases where the leased premises are damaged by fire or other casualty without the fault of the tenant(s), owner shall have the option to terminate this lease by giving written notice of his intention to do so within five (5) days after such casualty, or owner, at his option, may elect to repair the damage with reasonable dispatch, and if the damage has rendered the premises untenantable, in whole or in part, there shall be an apportionment of rent until the damage has been repaired. In the case of such damage, whether this lease is terminated or not, tenant(s) shall remove all of the rubbish and debris of tenant(s) property within five (5) days after written request by owner and, if this lease is not thereby terminated, tenant(s) shall not do anything to hinder or delay owners work of repair and will cooperate with owner in such work. Owner shall not be liable for inconvenience to tenant by making repairs to any part of the premises or building, or for the restoration of any improvements made by tenant, nor for the restoration of any property of tenant.
Validity of lease provisions: any provision set forth in this lease agreement which may be contrary to Indiana statutes and ordinances shall be treated by owner and tenant(s) as void and as if it were not set forth herein, but all other provisions of the lease agreement shall remain in full force and effect.
Representation: Owner has made no promise to alter, repair, decorate or improve the premises, nor any representations as to the condition and repair of the premises, except as are set forth herein, nor has any party made any representation or promises, except as condition herein. Tenant(s) liability for rent shall not commence until possession is given or the leased premises are available for the occupancy by tenant(s). Tenant(s) entry into possession of the leased premises shall be conclusive evidence that the leased premises and the building(s) (if applicable) of which it is a part are in good and satisfactory order and repair at such time.
Successors: The provisions, and conditions of this lease agreement shall bind and inure to the benefit of the heirs, legal representatives, successors and assigns for each of the parties hereto, except that no assignment, encumbrance or subletting by tenant without written consent of the owner shall vest any right in the assignee, encumbrancer or sub-lessee of tenant(s).

Violation of any part of this agreement (including any one of the aforementioned rules), or nonpayment of rent when due, shall be cause for eviction under appropriate sections of the applicable code. Should the owner prevail in an action brought as a result of such violation or breach, he shall recover reasonable attorney's fees.

Tenant(s) hereby acknowledge that they have read this agreement, understand it, agree to it, and have been given a signed copy (either owner, or both can sign as representative for BNI).

Owner__________________________________ Date: __________

Tenant__________________________________ Date: __________

How to pay your rent

Rent is due on the 1^st day of each month. Remember you have a 5 day grace period, and will be charged a late fee of $10 per day for rent that is not postmarked/received by the 5^th of any month. Tenant(s) phone number should appear on all rent checks.

Check or Money Order should be mailed to:

BNI
P.O. Box #155
North Manchester, IN 46962

Turning On Utilities

Placing/Turning On Utilities in your name is your responsibility and must be done immediately upon receiving keys.

Verizon Phone 800-483-4000
NIPSCO Gas 800-464-7728
Duke Energy Electric 800-521-2232
Water Department 982-9800
Mediacom Cable 800-874-2924