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Wellington
Real Estate





Residential Lease

RESIDENTIAL LEASE


LEASE AGREEMENT, entered into between __________________________
(Landlord) and __________________________ (Tenant).

For good consideration it is agreed between the parties as follows:

1. Location: Landlord hereby leases and lets to Tenant the premises
described as follows: __________________________________________________

2. Term: This lease shall be for a term of _____ year(s), commencing
on__________________________, 19_____.

3. Rent: Tenant shall pay Landlord the annual rent of $______________
during said term, in monthly payments of $______________, each payable
monthly on the first day of each month in advance at such place as we
may from time to time specify by written notice to you. Tenant shall pay
a security deposit of $______________ to be returned upon termination of
this Lease and the payment of all rents due and performance of all other
obligations.

4. Utilities and Services: Tenant shall at its own expense provide
the following utilities or services: Tenant must pay promptly as they
become due all charges for furnishing _________________[specify, e.g.,
water, electricity, garbage service, and other public utilities] to the
premises during the lease term.

Landlord shall at its expense provide the following utilities or
services: [specify]

Landlord does not warrant the quality or adequacy of the utilities or
services specified above, nor does Landlord warrant that any of the
utilities or services specified above will be free from interruption
caused by repairs, improvements, or alterations of the building or the
Apartment or any of the equipment and facilities of the building, any
labor controversy, or any other causes of any kind beyond Landlordís
reasonable control. Any such interruption--and any other inability on
our part to fulfill our lease obligations resulting from any such
cause--will not be considered an eviction or disturbance of Tenantís use
and possession of the Apartment, or render us liable to you for damages,
or relieve you from performing your lease obligations.

5. Tenant further agrees that:

a) Condition of Premises: Upon the expiration of the Lease it shall
return possession of the leased premises in its present condition,
reasonable wear and tear, fire casualty excepted. Tenant shall commit
no waste to the leased premises.

b) Assignment or Subletting: Tenant shall not assign or sublet said
premises or allow any other person to occupy the leased premises without
Landlord's prior written consent.

c) Alterations: Tenant shall not make any material or structural
alterations to the leased premises without Landlord's prior written
consent.

d) Compliance with Law: Tenant shall comply with all building, zoning
and health codes and other applicable laws for the use of said premises.

e) Tenantís Conduct: Tenant shall not conduct on premises any activity
deemed extra hazardous, or a nuisance, or requiring an increase in fire
insurance premiums.

f) Pets: Tenant shall not allow pets on the premises.

g) Right of Termination and Re-Entry: In the event of any breach of the
payment of rent or any other allowed charge, or other breach of this
Lease, Landlord shall have full rights to terminate this Lease in
accordance with state law and re-enter and re-claim possession of the
leased premises, in addition to such other remedies available to
Landlord arising from said breach.

7. Subordination: This Lease shall be subordinate to all present or
future mortgages against the property.

8. Time of Essence: Time is of the essence in this agreement.

9. Indemnity: Tenant will indemnify and hold Landlord and Landlordís
property--including the leased premises--free and harmless from any
liability for injury to or death of any person, including Tenant, or
for damage to property arising from Tenantís using and occupying the
premises or from the act or omission of any person or persons, including
Tenant, in or about the premises with Tenantís express or implied
consent.

10. Binding of Heirs and Assigns: Subject to the provisions of this
lease against assignment of Tenantís interest under this lease, all
lease provisions extend to and bind, or inure to the benefit of, the
parties to this lease and to every heir, executor, representative,
successor, and assign of both parties.

11. Rights and Remedies Cumulative: The rights and remedies under this
lease are cumulative, and either party's using any one right or remedy
will not preclude or waive that party's right to use any other. These
rights and remedies are in addition to any other rights the parties may
have by law, statute, ordinance, or otherwise.

12. [Name of State] Law To Apply: This agreement is to be construed
under [Name of State] law, and all obligations of the parties created
under this lease are performable in _________________County,
[Name of State].

13. Legal Construction: If any one or more of the lease provisions are
for any reason held invalid, illegal, or unenforceable in any respect,
such invalidity, illegality, or unenforceability will not affect any
other provision of this lease, which will construed as if it had never
included the invalid, illegal, or unenforceable provision.

14. Prior Agreements Superseded: This agreement constitutes the only
agreement of the parties and supersedes any prior understandings or
written or oral agreements between the parties respecting the subject
matter.

15. Amendment: No amendment, modification, or alteration of this
lease is binding unless in writing, dated subsequent to the date of
this lease, and duly executed by the parties.

16. Additional Lease terms:









Signed this __________ day of ___________________, 19____.



IN WITNESS OF THIS AGREEMENT, the Landlord and Tenant execute this
agreement as of the day and year first above written.

LANDLORD



_____________________ [typed name of Landlord]

By _________________ [signature]

_____________________ [address ]

TENANT



_____________________ [typed name of Tenant]

By _________________ [signature]

_____________________ [address]

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