924 State St APT 5, New Haven, CT 06511

I have enjoyed this beautiful 1 bedroom loft apartment in East Rock for a year and a half and I am sad to leave it but am moving in with a friend to save on living costs. I love this apartment especially for it's cozy and convenient location. I haven't had any trouble with the management and especially find maintenance requests to be filled very promptly. This is a very time sensitive offer so please only reach out if you are serious about applying. Here is some additional info: - Large kitchen with new countertops and stove - loads of cabinet space in the kitchen - Full sized working dishwasher - Lots of natural light 6 windows (2 West facing) and 2 skylights - High ceilings - Laundry available in the basement of then building - Shared gated backyard space - New electronic locks on all the doors - Generous pet policy with no added fees for pets and no limitation on Breeds or size (cats and dogs allowed). You must notify the owner of pets when moving in but there is no other requirements. - 3 minute walk to city bus stop - 8 minute walk to Yale shuttle lines - Parking in a lot across the street available for an additional $125 a month - Street parking is easy to find especially on weekdays there is usually spots available right in front of the building I am happy to answer any questions about the unit no matter how big or small! Here is the contact information for the management company if you have questions unanswered in my listing Visit Our Website Here is a copy of the lease I am currently under. 1.2 LEASE DURATION The terms of this tenancy shall commence at 12 p.m. on 08/01/2022 and end on 07/31/2023 at 12 p.m. 1.3 RENTS AND CHARGES You shall pay $1,565.00 per month in advance on or before 5:00 PM of the 1st of each month. The first month's rent and/or prorated rent amount of shall be due on or before the date this Lease Contract is signed. Every month thereafter, you must pay your rent on or before the 1st day of each month with 9 days of grace period. The following late fees will apply for payments made after the grace period: Rents at least one month past due will continue to incur a late fee of an additional 10% of the total monthly rent per month. RESIDENTS will reimburse OWNER for all costs relating to collection of late payments. Any balances left unpaid after 30 days due will be reported to Experian, Transunion, EquiFax, and any other credit bureaus as well any landlord/tenant databases. Collecting any such late fees or resorting to any of the aforementioned remedies shall not waive any of OWNER's rights to pursue eviction at the earliest legal opportunity. Any balances left unpaid after 30 days due will be reported to Experian, Transunion, EquiFax, and any other credit bureaus as well any landlord/tenant databases. Collecting any such late fees or resorting to any of the aforementioned remedies shall not waive any of OWNER's rights to pursue eviction at the earliest legal opportunity. A charge of $125 will apply for every returned check or rejected electronic payment plus the amount of any fees charged to the Owner/ Agent by any financial institution as a result of the check not being honored, plus any applicable late fee charges. If you don't pay rent on time, you'll be delinquent and all remedies under this Lease Contract will be authorized. If two or more RESIDENTS are party to this Rental Agreement, then only one monthly rent payment will be accepted unless otherwise granted written and signed permission by OWNER. The amount paid must equal the total amount of rent and cannot be broken into smaller payments. OWNER-granted permission to divide the rent payment into multiple payments shall have no effect on the joint and several liability of RESIDENTS for the total monthly rent amount per the terms of this Rental Agreement. Upon execution of this Rental Agreement, RESIDENTS will pay OWNER a security deposit of $2,000.00 and the first month of rent of $1,565.00 . Regardless of the method of payment, these payments shall be made separately, one for rent and one for security deposit. Rent must be paid through OWNER's online payment portal. OWNER will not directly accept paper payment of any kind. In the event that you cannot effect electronic transfers, AppFolio offers options for payment of rent in-person. 1 Rent payments under the terms of this Agreement will not be prorated for vacating the Apartment prior to the termination of the Leasing Term or for moving into the Apartment after the commencement of the Leasing Term. 1.4 SECURITY DEPOSIT The total security deposit at the time of execution of this Lease Contract for all residents in the apartment is $2,000.00 , due on or before the date this Lease Contract is signed. The total of the above security deposit shall secure compliance with the terms and conditions of this Rental Agreement and shall be refunded to RESIDENTS within 30 days after the Apartment has been completely vacated less any amount necessary to pay OWNER: a) any unpaid rent and/or late fees; b) cleaning costs above the one-time cleaning fee (see "Cleaning Fee" below); c) key replacement costs; d) cost for repair of damages to Apartment and/or common areas above ordinary wear and tear; and e) any other amount legally allowable under the terms of this Rental Agreement. A written accounting of said charges shall be presented to RESIDENTS within 30 days of move-out (or 30 days after receipt of mail forwarding address, whichever is later) . If the security deposit does not cover such costs and damages, RESIDENTS shall immediately pay such additional costs for damages to OWNER. Upon vacating the unit, RESIDENTS will pay a one-time cleaning fee of $125.00 with the last month's rent, or it shall be deducted from the security deposit. If the apartment is furnished, there will be an additional cleaning fee of $100. In the event that any legally allowable charges accrue under the terms of this Rental Agreement , Landlord may deduct them from security deposit and Tenant shall be required to replenish said security deposit funds within 5 business days. We will hold the security deposit for the term of the tenancy and, upon termination of the tenancy, reserve the right to use the security deposit, or portions thereof, to cover any charges related to your, performance of this Lease Contract, including, but not limited to, cleaning, repair of damages, unpaid rent, late fees, and returned check fees. 1.5 UTILITIES We'll pay for applicable garbage/recycling collection fees, as well as the following utilities (if any): You'll pay for all other utilities, related deposits, and any charges, fees, or services on such utilities. We do not guarantee or warrant that there will be no interruption of utility service. You shall contact the utility service provider in the event of an interruption of service. If your electricity is ever interrupted, you must use only battery-operated lighting. Snow clearing service fees shall be billed back to you after April of each year in an amount not to exceed50 per annum. You are responsible for putting the electric and gas in your name (with an effective date of the lease start date) two weeks before the lease start date. 1.6 INSURANCE We do not maintain insurance to cover your personal belongings or personal injury. You assume all liability for personal injury, property damage or loss, and insurable risk. We urge you to get your own insurance for losses to your personal property or injuries due to theft, fire, water damage, pipe leaks and the like. Additionally, you are required to purchase personal liability insurance naming us as an "Additional Interest." Failure to maintain personal liability insurance is an incurable breach of this Lease Contract and may result in the termination of tenancy and eviction and/or any other remedies as provided by this Lease Contract or state law. 1.7 MIXED USE RESIDENTS acknowledge that the building may be a mixed-use building shared with commercial tenants. While all tenants (including commercial tenants) shall be subject to regulations regarding noise, odors, and other activity inside or outside their demised premises, RESIDENTS hereby acknowledge and agree that a certain amount of noise, odor, or other activity resulting from the current uses and any other lawful uses of the premises will be permissible. RESIDENTS also acknowledge and agree that any inter-tenant conflict shall remain a civil matter between the tenants and OWNER hereby disclaims any and all responsibility. 1.8 OCCUPANTS Guest(s) staying for more than 15 days without written consent of OWNER shall be considered a breach of this Rental Agreement. Only RESIDENTS named in this Rental Agreement and/or the OWNER-approved animals of those RESIDENTS, and no others, shall occupy the Apartment for more than 15 days absent such OWNER consent. RESIDENTS may add or change RESIDENTS party to this Rental Agreement only with prior OWNER approval, and OWNER may renegotiate the rent amount to reflect any increase in occupancy. If RESIDENTS do not gain pre-approval for any change in occupancy, RESIDENTS will be charged $600.00 per month over and above the Apartment rent for each 2 unapproved occupant residing in the Apartment. RESIDENTS will pay a $50.00 administrative application fee for each proposed occupant at the time proposed occupant application is submitted to OWNER. 1.9 KEYS AND LOCKS RESIDENTS will be given one set of Apartment keys per RESIDENT of this Rental Agreement. RESIDENTS are not permitted to make copies of Apartment keys. In the event that RESIDENTS lose an Apartment key, RESIDENTS must contact OWNER for a new copy, and a copy fee of $75.00 will be assessed. Upon termination of tenancy, RESIDENTS must return all sets of keys to OWNER, or RESIDENTS will pay a $250.00 charge for immediate lock replacement. RESIDENTS are not permitted to retrofit any door in the Apartment with a keyed lockset. Such retrofitting violates local fire codes and will result in a $100.00 fine in addition to the cost to replace the keyed door hardware. In the event that RESIDENTS lock themselves out of the Apartment, RESIDENTS agree to pay a $50.00 lock out fee for OWNER to travel to unlock the door. RESIDENTS acknowledge that OWNER may not be immediately available to unlock the Apartment door in the event of lock out. 1.10 SMOKING AND OTHER PROHIBITED CONDUCT 1. No smoking is allowed in the Apartment or building (even out a window or door), including the interior common areas and the front porch. Besides presenting a fire hazard, which may void insurance policies, it can lead to permanent odors in the Apartment that will result in RESIDENTS being held responsible for the cost of deodorization and air quality treatment, which could be substantial (in excess of $1,000.00). Violation of this prohibition will be taken very seriously and could result in termination of the Rental Agreement or deductions from RESIDENTS' security deposit. 2. No Liquid-filled furniture or receptacles - No liquid-filled furniture or receptacle containing more than five gallons of liquid is permitted without the prior written consent and meeting the requirements of OWNER. RESIDENTS also agree to carry insurance deemed appropriate by OWNER to cover possible losses that may be caused by such items. 3. Noise - RESIDENTS agree not to cause or allow any noise or activity in or around the Apartment which might disturb the peace and quiet enjoyment of other residents. Said noise and/or activity shall be a breach of this Rental Agreement. If another resident's and/or neighbor's rights to quiet enjoyment are violated, such inter-resident conflict is a civil matter between those tenants. If neighboring residents cannot resolve any issue concerning quiet enjoyment with direct communication, then the aggrieved RESIDENTS should report the matter to the local police department. 4. No alterations - RESIDENTS shall not paint, wallpaper, alter, or redecorate; change or install locks; install antenna or other equipment; insert or use screws, fastening devices, large nails, or adhesive materials; or place signs, displays, or other exhibits on or in any portion of the Apartment without the written consent of OWNER except as may be provided by law. Absolutely no "pull tabs" or adhesive hooks are permitted anywhere. RESIDENTS will not make any changes in the Apartment or change the appearance of any walls, floors, carpeting, windows, window blinds, doors, appliances, fixtures or furnishing without OWNER's written permission. If RESIDENTS receive OWNER's permission to make changes, any fixtures that RESIDENTS install in the Apartment will immediately become OWNER's property. If OWNER grants written permission to paint a room, RESIDENTS will be charged $650.00 per room to bring each room back to its original color and/or conditions. 5. No Possession of Hazardous Materials - RESIDENTS shall not keep in or around the Apartment any gas, oil, or other item of a dangerous, flammable, combustible, or explosive character that might unreasonably increase the danger of fire or explosion or that might be considered hazardous or extra hazardous by any responsible insurance company. 6. No Common Area Storage - RESIDENTS will not use the entryways, hallways, stairways, landings, or other common space for storage. Items found in violation of this paragraph are subject to removal or disposal without notice at RESIDENTS' expense. These items may be impounded and RESIDENTS will be charged a storage fee of $20.00 per day. If any of RESIDENTS' items remain more than one calendar week after move-out, they will be removed and discarded. 7. No roof or fire escape access - RESIDENTS and other guests are prohibited from the roof of the building, from using the fire escape for any purpose other than an emergency situation, and from opening any skylights. 8. No Barbecues or Open Fires/Flames - Barbecue grills are prohibited on porches, decks, fire escapes, and all spaces within 15 feet of any structure on the property. Fire pit usage is prohibited. 9. Fire Department Rules - You must be home when charging all electronics such as mobile phones, computers, etc. You will not charge any electronics on a soft surface such as a bed or sofa. You will not use extension cords in the apartment. You will never leave candles burning unattended. You will not use any electric appliance that is dangerous or that does not use ordinary electrical plugs. All these rules have been dictated by the New Haven Fire Marshal for Safety. If it is found that you have not complied with the above, you will be held liable and we will be held harmless. 1.11 PET CONDITIONS No animal, fowl, fish, reptile, and/or pet of any kind shall be kept in or about the Apartment, for any amount of time, without obtaining the 3 prior written consent and meeting the requirements of OWNER. Such consent, if granted, shall be revocable at OWNER's option upon giving a 30-day written notice. In the event laws are passed or permission is granted to have a pet and/or animal of any kind in the Apartment, an additional deposit (not to exceed $750.00) and additional monthly rent (not to exceed $100.00 per month) shall be required as determined by OWNER. RESIDENTS agree to carry insurance deemed appropriate by OWNER to cover possible liability and damages that may be caused by such pets and/or animals. a. Restrictions: i. In the event that permission is granted, RESIDENTS shall be responsible for proper care, including but not limited to flea control, yearly inoculations (certifications of which must be presented to OWNER as requested), and compliance with all applicable state and federal statutes, city ordinances, and applicable authority rules and regulations. ii. RESIDENTS shall keep the Apartment and surrounding areas free of pet odors, insect infestation, waste and litter, and maintain the Apartment in sanitary condition at all times. RESIDENTS shall be responsible for cleaning up after their pet anywhere on the property, and should carry a "pooper scooper" and disposable plastic bag any time the pet is outside the Apartment. Pet waste shall be bagged and disposed of in appropriate trash receptacles. Pet waste and pet litter shall not be deposited in the toilet. Dogs and cats shall wear a collar with a tag identifying the pet and its owner, with name, address and telephone number. This tag shall be required in addition to license, rabies vaccination and any other tag required by law. RESIDENTS shall be responsible for insuring that the rights of other residents of the building to peace and quiet enjoyment, health, and/or safety are not infringed upon or diminished by RESIDENTS' pet's noise, odors, wastes, or other nuisance. iii.RESIDENTS shall pay promptly, upon receipt of a bill, for the cost of all materials and/or labor for repair of any damage caused by their pet, including but not limited to sanding and sealing of wood floors, scratch marks on doors, trim, or walls, and carpet cleaning and/or replacement. b.OWNER's Right of Access and Entry in Presence of Pets: i. RESIDENTS acknowledge that the approved presence of a pet does not in any way limit OWNER's and OWNER's agents' right of entry to the Apartment. RESIDENTS acknowledge that all pets can and will be safely contained in RESIDENTS' absence at OWNER's request in any case OWNER or OWNER's agents must access the Apartment. c. Unauthorized Pet Presence: i. After an unauthorized pet has been seen, a letter of violation will be sent to RESIDENTS via e-mail. Violations will be assessed a $100.00 fine per day. If the violation is not cured within seven days after a letter is sent by OWNER to RESIDENTS, eviction proceedings will commence. 1.12 PARKING No off-street parking is included with this Agreement unless it is separately leased from OWNER by RESIDENTS. OWNER is not providing any parking spaces or providing any reimbursement for parking costs of any nature except as in any Parking Space Lease Agreement attached to this Rental Agreement. Unauthorized vehicles parked in the driveway or lot without prior OWNER approval WILL BE TOWED at the expense of the vehicle owner. 1.13 MAIL The Apartment mailing address is 924 State Street - Unit 5 New Haven, CT 06511 . Under no circumstances should RESIDENTS use only the general building address without RESIDENTS' Apartment number attached to it. RESIDENTS agree to collect mail from RESIDENTS' or communal box or receptacle at least once every week. Mail left uncollected for a week or longer without prior written OWNER approval will be considered discarded, and RESIDENTS grant permission to OWNER to dispose of such mail. Mail left uncollected after the termination of the Leasing Term shall be considered discarded if the RESIDENTS have not set up a forwarding address with the post office or informed OWNER in writing of intent to do so. 1.14 LAWS AND ORDINANCES RESIDENTS agree to comply with any and all laws, ordinances, rules, regulations and orders of any and all governmental or quasigovernmental authorities affecting the cleanliness, use, occupancy and preservation of the Apartment. RESIDENTS will also not permit 4 any other(s) to violate any such laws, ordinances, rules or regulations. RESIDENTS will be in breach of this Rental Agreement and subject to eviction proceedings if any law (local and/or state) is broken, if RESIDENTS are arrested, if RESIDENTS supply false information to OWNER, and/or or if the police are called to the Apartment for any complaints or allegations of disturbance for any reasons. In any of these events, RESIDENTS will receive notification from OWNER to vacate this Apartment and eviction will begin immediately. RESIDENTS will be obligated to pay OWNER the amount of any fines and/or penalties incurred by OWNER as a result of RESIDENTS or any other person violating any laws or regulations in the Apartment. 1.15 MISCELLANEOUS 1. Destruction of Premises - If the Apartment becomes totally or partially destroyed during the Leasing Term so that RESIDENTS' use is seriously impaired, OWNER or RESIDENTS may terminate this Rental Agreement immediately upon three-day written notice to the other. 2. Injury or Damage- RESIDENTS will be responsible for any injury or damage caused by the act or neglect of RESIDENTS, RESIDENTS' household members, or RESIDENTS' visitors. OWNER shall not be responsible for any injury or damage unless due to the negligence or improper conduct of OWNER. OWNER will not be liable for any hidden defects in the building. OWNER will not be liable for any injury or damage to RESIDENTS or RESIDENTS' property caused by, but not limited to, water, rain, steam, snow, gas, electricity, sewer backups, acts of God, acts of terrorism, acts of others, odor, or other substance or process. 3. Pest Control - OWNER will not be liable for the presence of bugs, vermin, or insects in the Apartment, nor will their presence affect RESIDENTS' obligations under this Lease. Should RESIDENTS notice any bugs, vermin, or insects in the Apartment, RESIDENTS shall notify OWNER immediately so that OWNER may take reasonable steps toward abatement. In the event of any infestation, RESIDENTS shall ensure that the Apartment is at all times free of loose garbage, loose food, open food containers, and any other material deemed to continue or worsen the infestation. If RESIDENTS have pets, RESIDENTS acknowledge that OWNER will be limited in potential methods of abatement. 4. Smoke and Carbon Monoxide Detectors - RESIDENTS acknowledge the existence of operating smoke and carbon monoxide detectors in the Apartment in accordance with statute. RESIDENTS are responsible for testing each smoke and carbon monoxide detector on a monthly basis to ensure that the units are functioning properly. RESIDENTS recognize that these responsibilities are in effect throughout the Leasing Term. If a detector requires battery replacement (generally indicated by periodic beeping) during the Leasing Term, it is RESIDENTS' responsibility to replace the battery or notify OWNER if assistance is needed to access detectors to effect replacement. If any hardwired detector is found to be defective, RESIDENTS should notify OWNER immediately so the detector can be repaired or replaced. 5. Standalone/Space Heaters - RESIDENTS are permitted to use electric standalone and space heaters. Such heaters must be kept on the floor and at least three feet away from any fabric or other potentially flammable material at all times when in use. Such heaters must be powered off when not attended. 6. Window-Unit/Standalone Air Conditioners - RESIDENTS must receive OWNER permission to install window-unit and standalone air conditioning units. Installation must be handled by OWNER's maintenance staff to ensure secure and proper installation. OWNER will charge $50.00 per window unit installed and removed per season. Supply permitting, RESIDENTS may rent window or standalone air conditioning units from OWNER for $150 per unit per season, with installation cost included. 7. Felt Tabs - You will use felt tabs on all furniture including chairs, tables, bureaus, beds, bookshelves, televisions, etc. You will be responsible for the condition fo the floors, and they will be left in similar conditions as when you moved in. 8. Plumbing/Drain Clogs - At no time will you use Liquid Plumber, Drano, or any other substance to clear pipes in the apartment. If it is found that any of these products have been used, you will be responsible for all plumbing damage due to their use along with the cost of the plumber. You will pay for the removal of any plumbing blockages in the apartment/building and/or caused by anything other than human waste. You will use single-ply toilet paper to prevent blockages. 9. Cooking - deep-frying and wok cooking, or using more than 2 tablespoons full of oil, are not allowed. If we find that the walls and/or furnishings in the apartment are discolored, greasy or malodorous from deep-frying or wok cooking, the apartment will have to be repainted and the cost will be deducted from the security deposit an/d or you will pay for the full cost of repainting. If the furnishings or fixtures have to be cleaned or replaced, the cost of full replacement will be deducted from the security deposit and/or you will pay it. 1.16 MOVE-IN AND MOVE-OUT CONDITION Moving In - Tenants have seven calendar days from the start of the Lease Term to communicate any issues with the apartment via Whether they communicate such issues or not, after that third day, RESIDENTS agree that their communication or lack thereof shall be deemed by the terms of this Lease to have acknowledged that they have examined the Apartment and that all furnishings, fixtures, furniture, plumbing, heating, electrical facilities, and/or all other items provided by OWNER are all clean and in good satisfactory condition (the apartment is painted and has no peeling paint and absolutely no "pest" of any kind) except as may be indicated elsewhere in this Rental Agreement or described in any notice provided in that seven day period. RESIDENTS agree to keep the Apartment and all items in good order and good condition and to immediately pay for costs to repair and/or replace any portion of the above damaged by RESIDENTS, their guests and/or invitees, except as provided by law. You will be responsible for placing your name on the mailbox and doorbell. You agree that we are not responsible for deliveries. 5 Moving Out - When RESIDENTS vacate the Apartment at the termination of the Leasing Term or for any other reason, the Apartment must be left in clean and good satisfactory condition except for reasonable wear and tear. It is agreed that all holes, tears, burns, bending, and stains of any size or amount in the carpets, drapes, blinds, walls, fixtures, and/or any other part of the Apartment do not constitute reasonable wear and tear. The Apartment shall be free of ALL personal property and trash not belonging to OWNER. All carpets must be vacuumed. Kitchen and bathroom cabinets and drawers as well as furniture and closets must be emptied and reasonably clean. The stove, refrigerator, and all other appliances must be emptied and thoroughly cleaned. If RESIDENTS vacate and do not leave the unit as described in this paragraph, then OWNER may have remedial work done (over and above the "Standard Cleaning Fee" below) at RESIDENTS' expense. Owner may deduct such costs from the Apartment security deposit. RESIDENTS agree to reimburse OWNER for any such cleaning costs in excess of the security deposit, and agree to reimburse OWNER for any and all costs relating to collecting such costs, including legal fees. At the termination of this Rental Agreement, all of the above items in this provision shall be returned to OWNER in clean and good satisfactory condition except for reasonable wear and tear. You will not unplug the refrigerator when you leave, and you will keep the utilities on until the end of your lease. You will be responsible for any damage to the refrigerator and/or damage resulting from a defrosting refrigerator if you turn it off. You will provide a forwarding address for us to send the disposition of your security deposit to. Absolutely NO moving of any furniture or boxes outside of these designated move-in and move-out hours of 9 a.m. to 8 p.m. 1.17 PATCHING/PAINTING HOLES Any holes in walls, doors, etc. (including those created by nails, screws, and other hanging and fastening hardware), must be repaired by RESIDENTS prior to vacating the Apartment, or RESIDENTS will forfeit a commensurate portion of the security deposit. If such RESIDENT repair necessitates re-patching or repainting, all costs associated with this work will be deducted from RESIDENTS' security deposit. Absolutely no use of wall stickers or pull tabs shall be permitted, and failure to heed this prohibition shall require the effected wall or surface to be fully re-conditioned and repainted. 1.18 LEAKS, UNIT PROBLEMS, OR COMMON AREA PROBLEMS 1.AppFolio. For emergency situations, please both send an email and contact via text and/or call each of the following (until receiving a non-automated response Failure to promptly notify OWNER could result in forfeiture of commensurate portion of security deposit due to any resulting damage. 1.19 PROPERTY MAINTENANCE REQUIREMENTS 1. RESIDENTS will deposit all garbage and waste in a clean and sanitary manner into the proper receptacles and will cooperate in keeping the garbage area neat and clean. RESIDENTS are responsible for disposing of items of such size and nature as are not normally accepted by the city garbage hauler. Cleanliness of the property is the responsibility of the RESIDENTS, which cleanup of trash on the property. 2. If the heat in the Apartment is controlled by RESIDENTS via in-Apartment thermostat or baseboard heaters, then RESIDENTS must keep the Apartment temperature at or above 59 degrees Fahrenheit to avoid freezing pipes. Allowing the temperature to drop below 59 degrees Fahrenheit will constitute negligence, and RESIDENTS will be held financially responsible and liable in tort for any resulting damage. 6 1.20 RENEWAL The option for RESIDENTS to renew this Rental Agreement and any changes to its terms and conditions are at the sole discretion of OWNER. Approved RESIDENTs must inform OWNER of their intent to renew this Rental Agreement no later than 5 months prior to the expiration of the Leasing Term. For leases ending on July 31, RESIDENTS must inform OWNER of their intent to renew by the preceding March 1. After this renewal period, RESIDENTS agree that the Apartment will be listed and marketed as available for rent by other persons. 1.21 LEASING TERM TERMINATION AND HOLDOVER If at the expiration of the Leasing Term this Rental Agreement has not been renewed, RESIDENTS have not vacated the Apartment, and the Apartment has not been leased by other residents, this Rental Agreement is automatically renewed from month to month. The Apartment shall be considered vacated only after all areas including basement and storage areas are clear of all RESIDENTS' belongings, and keys and other property furnished for RESIDENTS' use are returned to OWNER. Should RESIDENTS hold over beyond or fail to vacate all possessions on or before the expiration of the Leasing Term (the specific time of day listed in the agreement), RESIDENTS shall be liable for additional rent and damages which may include damages due to OWNER's loss of new, incoming residents, emergency cleaning and maintenance fees, no-show fees, and an administrative holdover fee of $750. In the event the Apartment has not been leased by other residents, RESIDENTS will be charged an ADDITIONAL fee of $250 per each day beyond the expiration of the Leasing Termthe RESIDENTS hold over. In the event the Apartment has been leased by other residents, RESIDENTS could incur significantly higher damages should they hold over including but not limited to the fees listed above and the additional daily fee. 1.22 CHANGE OF TERMS / RULES The terms and conditions of this Rental Agreement are subject to future change by OWNER after the expiration of the Leasing Term upon 30-day written notice setting forth such change and delivered to RESIDENTS. Any changes are subject to laws in existence at the time of the notice of change of terms. 1.23 EARLY EXIT In rare circumstances, RESIDENTS may find it necessary to stop living in the Apartment and exit the Rental Agreement prior to the termination of the Leasing Term. RESIDENTS acknowledge that any such departure prior to the expiration of the Leasing Term is a breach of this Rental Agreement and that RESIDENTS may consequently be liable to OWNER for damages up to the full amount of unpaid Total Leasing Term Rent in addition to any other damages due under the terms of this Rental Agreement. At OWNER's discretion, RESIDENTS may have two potential options for avoiding damages of the full amount of unpaid Total Leasing Term Rent: 1. Early Termination: RESIDENTS may not terminate this Rental Agreement prior to the expiration of the Leasing Term unless written permission for early termination is granted by OWNER. Early termination removes terminating RESIDENTS from joint and several liability for any unpaid rent subsequent to termination. Terminating RESIDENTS maintain joint and several liability for damage to the Apartment resulting in security deposit deduction at the end of the Leasing Term. The following conditions are necessary, but not sufficient, to receive OWNER permission for early termination: i. More than six months of the Leasing Term must remain at the time RESIDENTS notify OWNER of their desire to terminate the Rental Agreement; ii. RESIDENTS must pay a $500.00 early termination fee per terminating RESIDENT; iii. RESIDENTS must identify OWNER-approved, income- and credit-qualified, suitable persons to replace RESIDENTS in this Rental Agreement ("Proposed Replacement Tenants"); iv. In the event that RESIDENTS do not identify Proposed Replacement Tenants, RESIDENTS must pay all realtor, agency, or other tenantlocating service costs incurred to identify Proposed Replacement Tenants; v. Proposed Replacement Tenants must sign the existing Rental Agreement or a new rental agreement of identical terms, with the exception of the monthly rent amount; vi. If OWNER and RESIDENTS approve Proposed Replacement Tenants, but Proposed Replacement Tenants sign a rental agreement with a lower rent rate, RESIDENTS will pay the total resulting shortfall in unpaid Total Leasing Term Rent up front, prior to Rental Agreement termination; and vi. In the event that OWNER grants permission to terminate this Rental Agreement, RESIDENTS' security deposit shall remain in place to the end of the Leasing Term, as OWNER will not conduct any Apartment inspection until the end of the Leasing Term. 7 2. Assignment: If RESIDENTS do not receive approval for early termination of the Rental Agreement, then RESIDENTS may assign the Rental Agreement with written permission of OWNER. Assignment does NOT remove RESIDENTS from joint and several liability for any unpaid rent or damage subsequent to the assignment. OWNER permission for one such assignment shall not be deemed consent to any subsequent assignment. The following conditions are necessary, but not sufficient, to receive OWNER permission to assign the Rental Agreement: i. RESIDENTS must notify OWNER of intent to assign the lease in writing more than one rental month in advance ii. RESIDENTS must pay a $350.00 administration fee per assigning RESIDENT; iii. RESIDENTS must identify OWNER-approved, income- and credit-qualified, suitable assignees ("Proposed Assignees"); iv. In the event that RESIDENTS do not identify Proposed Assignees, RESIDENTS must pay all realtor, agency, or other tenant-locating service costs incurred to identify Proposed Assignees; v. Proposed Assignees must sign the existing Rental Agreement or assignment agreement of identical terms, with the exception of the monthly rent amount; vi. If OWNER and RESIDENTS approve Proposed Assignees, but Proposed Assignees sign a rental agreement with a lower rent rate, RESIDENTS will pay the total resulting shortfall in unpaid Total Leasing Term Rent up front, prior to Rental Agreement assignment; and vii. In the event that OWNER grants permission to assign this Rental Agreement, RESIDENTS' security deposit required shall remain in place to the end of the Leasing Term, as OWNER will not conduct any Apartment inspection until the end of the Leasing Term. 1.24 SUMMER SUBLETTING 1. SUMMER SUBLETTING: Permission to sublet the Apartment in whole or part during the summer is solely at the discretion of OWNER. Subletting agreements made without prior written consent of OWNER shall be absolutely null and void and shall, at OWNER's option, terminate this Rental Agreement. In the event that OWNER grants RESIDENTS permission to sublet the Apartment during the summer, such subletting arrangements will be by and between RESIDENTS and subletters, with both RESIDENTS and subletters bound by all terms of this Rental Agreement. No proposed subletting arrangement will be approved by OWNER until RESIDENTS present OWNER a signed subletting agreement by and between RESIDENTS and their subletters expressly indicating that all parties to the subletting agreement are bound by the terms of this Rental Agreement. Such subletting agreement must also contain the following information: a. The dates of the proposed sublet; b. The rental rate; c. Any additional deposit paid by the subletters; and d. The names, phone numbers, and email addresses of all proposed subletters RESIDENTS will continue to pay monthly rent as usual during any period of subletting the Apartment. 1.25 POSSESSION If OWNER is unable to deliver possession of the Apartment to RESIDENTS on the agreed date because of the loss or destruction of the Apartment or because of the failure of the prior residents to vacate or for any other reason, the RESIDENTS and/or OWNER may immediately cancel and terminate this Agreement upon written notice to the other party, whereupon neither party shall have liability to the other, and any sums paid under this Agreement shall be refunded in full. If neither party cancels, this Agreement shall be prorated and begin on the date of actual possession. 1.26 INSURANCE RESIDENTS acknowledge that OWNER's insurance does not cover personal property damage or loss caused by fire, theft, rain, flood, war, natural disaster, acts of God, acts of others, acts of terrorism, and/or any other causes, and that OWNER shall not be held liable for such losses. Any of RESIDENTS' personal property kept in any part of the Apartment or surrounding area shall be at the risk of RESIDENTS. RESIDENTS are hereby strongly advised to obtain their own insurance policy to cover any personal property losses. 1.27 INDEMNIFICATION RESIDENTS agree to indemnify and hold OWNER harmless from all liability, losses, or damages arising from any nuisance made or suffered in or around the Apartment by RESIDENTS, their relatives, friends, invitees, agents, or servants, or from any carelessness, neglect 8 or improper conduct of such persons. Subject to applicable law, the OWNER shall not be liable for any personal injury unless caused by negligence of OWNER. 1.28 RIGHT OF ENTRY AND INSPECTION OWNER may enter, inspect, and/or repair the Apartment at any time in case of emergency or suspected abandonment. With reasonable advance notice (typically the preceding calendar day), OWNER may enter the Apartment for the purpose of showing the Apartment to prospective buyers and lenders; for smoke alarm and carbon monoxide detector inspections; and/or for normal inspections and repairs. OWNER is permitted to make all alterations, repairs and maintenance that in OWNER's judgment are necessary to perform. After RESIDENTS have given notice of intent not to renew this Rental Agreement, OWNER and its agents have the right to access the unit in order to show it for re-rental during the Leasing Term of this Rental Agreement. OWNER will give RESIDENTS as much advance notice as possible for such showings, but sometimes such showings are necessarily on short notice (within 1-2 hours) and when RESIDENTS are not in the Apartment. RESIDENTS consent to all such showings. When OWNER begins to show the Apartment for re-rental, RESIDENTS agree to keep the Apartment reasonably clean and tidy until the Apartment has been re-rented. If OWNER deems the Apartment dirty or untidy to the extent that it is a hindrance to showings for re-rental, OWNER may have the Apartment professionally cleaned and charge RESIDENTS for such expense. 1.29 CONDEMNATION If any part of the building is condemned, OWNER shall have the right to cancel this Rental Agreement. If OWNER decides to cancel the Rental Agreement, OWNER will give RESIDENTS notice within 15 days after the date of condemnation. The Rental Agreement will end on the date that OWNER gives notice to RESIDENTS. RESIDENTS will not be entitled to any payment from the government because of such condemnation except for moving expenses. All other payment from the government because of the condemnation will be paid to OWNER. 1.30 PARTIAL INVALIDITY Nothing contained in this Rental Agreement shall be construed as waiving any of the OWNER's or RESIDENTS' rights under the law. If any part of this Agreement shall be in conflict with the law, that part shall be void only to the extent that it is in conflict, and shall not invalidate this Rental Agreement nor shall it affect the validity or enforceability of any other provision of this Rental Agreement. 1.31 NO WAIVER OWNER's acceptance of rent with knowledge of any default by RESIDENTS or waiver by OWNER of any breach of any term of this Rental Agreement, shall not constitute a waiver of subsequent breaches. Failure to require compliance or to exercise any right shall not be constituted as a waiver by OWNER of said term, condition, and/or right, and shall not affect the validity or enforceability of any provision of this Rental Agreement. 1.32 SALE OF PROPERTY If OWNER sells the property where this Apartment is located, OWNER shall not have any further liability to RESIDENTS under this Rental Agreement for any event that happens after RESIDENTS receive written notice that OWNER has sold the property. In addition, if OWNER sells the property, any security deposit given to OWNER will be assigned to the new owner of the property, and OWNER shall not have any further liability to return the security deposit to RESIDENTS. 1.33 ATTORNEYS FEES AND LEGAL/COLLECTION If any legal action or proceedings should be brought by either party of this Rental Agreement, the prevailing party shall be reimbursed for all reasonable attorney's fees and costs in addition to other damages awarded. If OWNER must file suit against RESIDENTS to recover damages or rent under this Rental Agreement, then RESIDENTS (and any cosigner or guarantor) will (in addition to the amount due the OWNER) be jointly and severally liable for attorney's fees and/or any expenses incurred by OWNER in the collection of the debt. 1.34 JOINTLY AND SEVERALLY The undersigned RESIDENTS are jointly and severally responsible and liable for all obligations under this Rental Agreement, including security deposit deductions and payment of rents and any penalties. 1.35 BINDING EFFECT The covenants, obligations and conditions herein contained shall be binding on and inure to the benefit of the heirs, legal representatives, and assigns of the parties hereto. 9 1.36 DEFAULT RESIDENTS will be in default and OWNER may terminate this Rental Agreement if RESIDENTS fail to comply with any of the material provisions of this Rental Agreement, other than the covenant to pay rent; or of any present rules and regulations or any that may be hereafter prescribed by OWNER; or any duties imposed on RESIDENTS by statute, within 15 days after delivery of written notice by OWNER specifying the non-compliance and indicating the intention of OWNER to terminate this Rental Agreement by reason thereof. If RESIDENTS fail to pay rent when due and the default continues for 10 days thereafter, OWNER may, at OWNER's option, declare the entire balance of rent payable hereunder to be immediately due and payable and may exercise any and all rights and remedies available to OWNER at law or in equity or may immediately terminate this Rental Agreement. 1.37 SURVIVAL UPON DEFAULT If RESIDENTS default in the payment of rent under the terms of this lease, and OWNER commences an eviction proceeding against RESIDENTS seeking possession of the Apartment, then RESIDENTS shall not be relieved from RESIDENTS' obligation for the unpaid balance of the rent due for the Leasing Term. 1.38 REPORT TO CREDIT/TENANT BUREAUS RESIDENTS are hereby notified that a nonpayment, late payment or breach of any of the terms of this Rental Agreement may be submitted/ reported to a credit and/or tenant-reporting agency, which may create a negative credit record on RESIDENTS' credit reports.