to Tenant the Premises on the terms and conditions contained herein as follows:
A G R E E M E N T:
1. TERM. The term of this Lease shall be for a term of Xxxxxxxxx (duration of lease)
commencing on Xxxxxxxx (date and time) and ending on Xxxxxxxxx (date).
RENT. The total rent for the term hereof is the sum of Xxxxxxxx dollars
($Xxxxx), payable in equal monthly installments of Xxxxxxxxx dollars ($Xxxx),
on the Xx day of each month, to the address of Landlord, or at such other address
as Landlord may, from time to time, require. OPTION 1- The First month’s Rent
Payment shall be due and payable upon the execution of this Lease and prior to
occupancy. OPTION 2- The First and Last month’s Rent Payment shall be paid
upon the execution of this Lease and prior to occupancy. The payment for the
Option to Purchase the Property, as set forth in Section XX below, in the amount
of xxxxxxxxx dollars ($xxxxx) shall also be due and payable upon the execution
of this Lease and prior to occupancy. Rent must be actually received by Landlord,
or designated agent, in order to be considered in compliance with the terms of this
X. SECURITY DEPOSIT. Tenant shall place a security deposit with Landlord in the
amount of Xxxxxxxxx dollars ($Xxxxx) upon entering into this Lease, to be used to secure
Tenant’s faithful performance of the terms of this Lease, and for the cost of replacing or
Residential Lease Agreement with Purchase Option- Page 1
Parent category: Business
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