Lease Renewal

EFFECTIVE DATE
This Lease Renewal, hereafter sometimes referred to as “Agreement,” shall be deemed
effective from the following date: ______________________, hereafter “Effective Date.”

PARTIES
The Landlord and the Tenant, defined below, and sometimes referred to in this document
as “Parties”, intend to enter into this legally binding Painting Contract, hereafter sometimes
referred to as “Agreement”, on this ________ day of __________________, 20 ____,
sometimes referred to in this document as “Effective Date.”
The party consisting of ________________________________________________, with
principal place of residenct _____________________________, with phone number
____________________ and email address or other contact information:
_________________________________________________________________________
Shall be known within this Agreement as “Tenant,” and is the party issuing liquid and other
considerations in exchange for promises made by the other Party.
***
The party consisting of ________________________________________________[full
name], with address of residence _____________________________, with phone number
____________________ and email address or other contact information:
______________________________________________________________________
Shall be known within this Agreement as “Landlord,” and is the party issuing covenants,
promises, and performing or causing to be performed acts, beneficial to the other Party in
exchange for liquid and other considerations.

PREMISES
The terms of this Lease Renewal are subject to the terms and restrictions of the primary
lease agreement, made into effect on the _______________________[date], regarding the
property located at __________________________________[full address], hereafter
“Primary Premises,” during the lease term of ___________________________[date] to
_____________________[date], With the Primary Landlord of
______________________________[landlord name], and
tenant_____________________[name].

PRIVATE USE
This agreement constitutes a residential lease agreement. As such, this at least premises
will not be used at any time for the purposes of carrying on professional business,
solicitation of businesses, or trade of any kind, other than for the purposes normal for a
private single-family residence. Carrying of professional business does not include certain
un-intrusive working, such as sole proprietorship remote or online work, telecommuting,
working from home, or other normal residential working activities.

TERM
The period of effect “Term” of this Agreement Shall begin on the Effective Date and end on
the following date of termination _________________________________ [date], hereafter
“Termination Date.”

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Lease Renewal No. _____________ of __________________ [date]
COMPENSATION
In exchange for all terms, provisions, and promises in this Agreement, the Tenant agrees to
pay a sum of $_____________________ [amount] to the Landlord, with a frequency of
_______________________ [months/weeks], or on the ___________________ [day] of
every month (whichever is filled out) during the Term.

DELIVERY
The Delivery of Compensation for this Sublease Agreement will be made to
________________[name] at __________________________________ [full address] with
______________________________________
____________________________________________________________________
[additional instructions].

UTILITIES
All sums due relating to utilities and other charges excluding Compensation will be paid by
____________________, hereafter “Utility Paying Party.” The Utility Paying Party agrees to
assume all liability for payment of charges excluding Compensation which are due upon the
leased Premises, and to follow all rules established by contracts with utility companies or
other parties with ongoing or new (effective within the Term of this Agreement) contracts
regarding the leased premises.

WEAR AND TEAR

The Landlord agrees to provide a [ ] Furnished [ ] Unfurnished [mark one box] Leased
premises to the Tenant for the Term of this Agreement. The Tenant agrees to provide, upon
termination of this Agreement, all furnishings that were present at the Effective Date of this
Agreement, with reasonable wear and tear only.
At the Landlord’s option, the Tenant opts to pay additional fees for any damages incurred
during the Term of this Agreement, whether or not a direct result of the Tenant, which are
outside of the normal interpretation of “reasonable wear and tear,” up to the original
purchase price of the furnishings, minus applicable depreciation at the Effective Date of this
Agreement, $________________ (total furnishing value).

SECURITY DEPOSIT
The Tenant agrees to pay the Security Deposit sum of $_______________. The Landlord
agrees to return the security deposit within ________ days of the Termination of this
Agreement if the Leased Premises, including all furnishings, is in a “normal” condition at the
time of Termination. If any fees are paid by the Landlord for cleaning, repair or replacement
of furnishings, repair of the Leased Premises, or unpaid Utilities, then the fees will be
subtracted from the amount of the Security Deposit, and the remainder will be returned to
the Tenant.
The Landlord agrees to provide a notice of reason delivered in writing to the Tenant within
________ days of the Date of Termination of this Agreement, if the Security Deposit is not
to be returned to the Tenant in full.

INSURANCE
The Tenant, at their own expense, agrees to purchase and maintain current insurance with
the following terms:
_________________________________________________________________________

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Lease Renewal No. _____________ of __________________ [date]
_________, during the Entire Effective Term of this Agreement, without any lapse or
coverage gap.
The Tenant agrees to deliver written proof of insurance to the Landlord: (a) before the
Effective Date of this Agreement, and (b) not more than 15 days after any written “Letter of
Request of Proof of Insurance” or equivalent written communication from the Landlord.

ALTERATIONS AND IMPROVEMENTS

The Tenant’s rights regarding alterations and improvements are inherited and not greater
than the Landlord’s rights. Any alterations or improvements (if allowed by the Primary
Lease Agreement) must be approved in writing by the Landlord or other relevant parties
subject to the Primary Lease Agreement. According to this Agreement (which matches the
Primary Lease Agreement in good faith), the Tenant is allowed without authorization to
____________________________________________________________,
_________________________________________________________________________
_______________, and prohibited (in any case) to
_______________________________________________________________,
_________________________________________________________________________
_______________.

TAXES
The Tenant will pay any tax, excise, or duty which is assessed against the business of the
Tenant, the Leased Premises, or any personal property relating to the Leased Premises.
The Tenant agrees to avoid undue fees or penalties and pay any said fees as soon as
possible.

DEFAULT CONDITIONS
A status of “Default” will come into effect upon this Agreement if any of the following
conditions are met:
(a) The Tenant fails to pay the Compensation, or any other monetary sum established in
this Agreement due to the Landlord within the grace period (if any);
(b) The Tenant fails to perform any obligations of this Agreement or the Primary Lease
Agreement;
(c) The Tenant declares bankruptcy or insolvency, or becomes bankrupt, insolvent, or
involved in dissolution or liquidation proceedings;
(d) The Tenant abandons the Leased Premises;
(e) The Tenant uses the Leased Premises for unpermitted or illegal actions or uses, or if
the Tenant causes or allows others to use the Premises for unpermitted or illegal
actions or uses.
(f) The Tenant willfully or unwilfully causes or allows the destruction of the Premises, by
the Tenant or any other entity.

REMEDIES
When Conditions of Default are met, the Landlord may conduct any of the following
remedies:
1.) Termination of the Lease Renewal upon any notice required, and the Term will
immediately become forfeited and void.
2.) The Landlord has the option to perform any obligation of this Agreement or the
Primary Lease Agreement, on behalf of the Tenant, and seek redress from the
Tenant.

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Lease Renewal No. _____________ of __________________ [date]
 3.) The Landlord may reenter in whole or part of the Leased Premises, and in the name
of the whole re-possess anything contained within the Leased Premises.
The existence of any remedy listed above does not preclude the Landlord from exercising
any other remedy or specific right whether allowed by law, or provided by equity, or
expressly provided for in the Primary Lease Agreement.

GOVERNANCE
This Agreement will be subject to the laws of _____________________________[legal
jurisdiction], hereafter “Governing Jurisdiction.”

SEVERABILITY
Any provisions of this Sublease Agreement that are found invalid, void, or unenforceable by
a court of law in the Governing Jurisdiction shall not preclude other provisions from
remaining in-force.
Any alterations or improvements must be made in compliance with the laws of the
Governing Jurisdiction, and any alterations or improvements which fail to comply with the
laws of the Governing Jurisdiction shall not change the enforceability of the remainder of
provisions of this Agreement.

SUBLETTING
The Tenant will not sublet, or reassign or transfer, (hereafter “Sublet,”) any provision of this
Agreement to a third party, without the prior written consent of the Landlord. Any primary,
secondary, tertiary, or further Subletting may be precluded, restricted, or prohibited by the
Primary Lease Agreement, and the presence of this clause does not allow Subletting.
In the event that any conflict exists between this clause, or related other agreements with
the Landlord, and the Primary Lease Agreement, the Primary Lease Agreement supplants
and takes full precedence.

ENTIRE AGREEMENT
The terms and provisions of this written Agreement constitute the entirety of the written
Agreement between the Parties for the Term provided. Any oral or implied provisions,
promises, or considerations are replaced and nullified by the execution of this Agreement.

EXECUTION
The parties hereby agree to execute, in Witness whereof the Tenant and Landlord, and
have duly affixed their signatures on the date of execution this ________ day of
_______________, 20________.

__________________________________ __________________________________
________ ________
Signature Printed Name

__________________________________ __________________________________
________ ________
Signature Printed Name

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Lease Renewal No. _____________ of __________________ [date]