15 Rainbow Fls

Luxurious, artful, peaceful, tranquil house, located in a high-end community of Turtle Rock. Surrounded by trails and greenbelt of Irvine, backed with no homes but trees and trails for privacy. There are 3 bedrooms, 2 bathrooms, all are newly renovated, refreshed, fully furnished, and move-in ready. Master bedroom has spacious primary bath, generous walk-in closet, extra storage, private courtyard. Two additional well-sized bedrooms share an updated bath. Oversized windows and skylights fill the home with abundant natural light. The laundry room is inside the house with extra storage. The attic is upgraded to be livable with ample storage. 2 car-garage. Direct trail access to award-winning Turtle Rock Elementary and University High School, allowing children to walk to school without crossing major streets. The house is a few minutes' drive to top universities such as UCI, top community college of Irvine Valley College, UCI hospitals, Corona Delma and Newport beaches, Irvine Spectrum shopping. The community's resort-style pool and tennis amenities complete the lifestyle. HOA applied, paid by owner. Term: the term of this lease shall be for one year. Lessee has the option of an additional two-year term at the end of the lease term so long as lessee is not in breach of this lease. Rent: monthly rent in the amount of $6,300, no later than the first business day of each month of the lease term. Deposit of one month. The leased premises are to be used by lessee for residential purposes. No pets, no smoking are allowed. Assignment or sublease: No sublease or assignment without Owner's prior consent. Lessee shall pay for all telephone, internet service, gas, heat, power and all other services required and used by lessee. By entry hereunder, lessee acknowledges that they have examined the leased premises and accept the same as being in the condition called for by this lease. Lessor shall pay any and all real property taxes and HOA. Lessor shall be responsible at its sole expense to maintain the premises, including but not limited to the heating, air conditioning, plumbing, electrical fixtures, windows, doors, interior and exterior walls, and the roof of the leased premises and shall be responsible for the general repair and maintenance of the leased premises. Lessee shall be responsible for any repair, maintenance or replacement of any fixtures of the premises caused by the intentional or negligent actions of lessee. Lessee acknowledges that it has personally inspected the building and accepts the condition thereof as is. Lessor reserves the right to enter the leased premises upon notice at reasonable times for the purpose of necessary inspection and maintenance. No alteration may be made without Owner's prior consent. Insurance: Lessor shall provide for structural and liability insurance for the Leased premised. Lessee shall provide insurance for lessee's personal property located on the leased premises. Indemnification: Lessor shall not be liable for any damage or injury to lessee, or any other person, or to any property, occuring on the leased premised or any part thereof, or in common areas thereof, unless such damage is the proximate result of the negligence or unlawful act of lessor, its agents or employees. Lessee agrees to hold lessor harmless from any claims for damages, no matter how caused, except for injury or damages for which lessor is legally responsible. Attorney's fees: in any legal action brought by either party to enforce the terms hereof or relating to the Leased Premises, the prevailing party shall be entitled to all costs incurred in connection with such action, including a reasonable attorney's fee. Breach by Lessee: if Lessee fails to pay rent when due, or perform any term hereof, after not less than three days written notice of such default given in the manner required by law, the lessor, at its option, may terminate all rights of lessee hereunder, unless lessee, within said time, shall cure such default. If lessee abandons or vacates the leased premises while in default of the payment of rent, lessor may consider any property left on the leased premises to be abandoned and may dispose of the same in any manner allowed by law. In the event the lessor reasonably believes that such abandoned property has no value, it may be discarded. All property on the leased premises is hereby subject to a lien in favor of lessor for the payment of all sums due hereunder, to the maximum extent allowed by law. In the event of a default by lessee, lessor may elect to (a) continue the lease in effect and enforce all its rights and remedies hereunder, including the right to recover the rent as it becomes due, or (b) at any time, terminate all of lessee's rights hereunder and recover from lessee all damages it may incur by reason of the breach of the lease, including the cost of recovering the leased premises, and including the worth at the time of such termination, or at the time of an award if suit be instituted to enforce this provision, of the amount by which the unpaid rent for the balance of the term exceeds the amount of such rental loss which the lessee proves could be reasonably avoided. Notices: Any notice which either party may or is required to give, may be given by mailing the same, postage prepaid, to lessee at the leased premises or to lessor at 16689 Mount Hoffman Cir, Fountain Valley, CA 92708 or at such other places as may be designated by the parties from time to time. Effect of holding over: any holding over after expiration hereof, with the consent of lessor, shall be construed as a month-to-month tenancy in accordance with the terms hereof, as applicable. No such holding over or extension of this lease shall extend the time for the exercise of the option unless agreed upon in writing by lessor. Heirs, assigns, successors: This lease is binding upon and inures to the benefit of the heirs, assigns and successors in interest to the parties. This instrument contains all of the agreements and conditions made between the parties to this lease and may not be modified orally or in any other manner than by an agreement in writing signed by all the parties to this lease. Time is of the essence of each term and provision of this lease. The terms of this lease shall be governed by California law.