1106 S 4th St LOT PT OF LOTS, Wilmington, NC 28401

Brand new 2021 build, this beautiful home has a lot to offer. In the heart of Downtown Wilmington, you're a bike ride or short drive away from the Riverwalk, as well as hundreds of restaurants, bars and shops. Love the beach? Perfect! This property is one 15 minutes from Wrightsville Beach and 20 minutes from Carolina Beach! A fenced in back yard is perfect for your dog, and you're only a couple blocks away from Greenfield Park! This house is fully furnished and comes with a washer and dryer. This house comes with all utilities included, cable, WiFi, internet, electric, water, trash, streaming services etc. THIS LEASE (the "Lease") dated this__________ day of ____________, _______ BETWEEN: SALTY STAYS LLC ( the "Landlord") -AND- (the "Tenant") (individually the "party" collectively the "parties") IN CONSIDERATION OF the landlord leasing certain premises to the tenant and other valuable consideration, the receipt and sufficiency of which consideration is hereby acknowledged, the parties agree as follows: LEASED PROPERTY 1. The landlord agrees to rent to the tenant the house, municipally described as 1106 South 4 th Street, Wilmington NC 28401 (the "property"), for use as residential premises only. 2. Subject to the provisions of this lease, apart from the tenant and the tenant's immediate family members, no other persons will live in the Property without the prior written permission of the Landlord. 3. No guests of the tenants may occupy the Property for longer than one month without prior written consent of the Landlord. 4. The tenant may keep pets in or about the Property. The Landlord may revoke this privilege upon thirty (30) days' notice. 5. Subject to the provisions of this lease, the tenant is entitled to the exclusive use of the following parking on or about the property. 3 parking spaces in front of the house. 6. The tenant and members of the tenants household will not smoke anywhere in the property nor permit any guests or visitors to smoke in the Property 7. The tenant and members of the tenants household will not vape anywhere in the Property not permit any guests or visitors to vape in the Property. TERM 8. The term of the lease is a periodic tenancy commencing at (TBD) unless otherwise negotiated or agreed upon by the tenant and the Landlord. 9. Any notice to terminate this tenancy must comply with the applicable legislation of the State of North Carolina (the "Act"). RENT 10. Subject to the provisions of the lease, the rent for the Property is (TBD) per month (the "Rent"). 11. The tenant will pay the rent on or before the 23 rd of each and every month of the term of this lease to Brad Stanbery at 117 Croyden Dr Kernersville, NC 27284 or at such other place as the Landlord may later designate by cash or check. 12. The Landlord may increase the rent for the Property upon providing to the tenant such notice as required by the Act. Landlord will provide a 30 day notice. 13. The tenant will be charged an additional amount of $25.00 for any rent that is received after the greater of 7 days after the due date and any mandatory grace period required under the Act, if any. SECURITY DEPOSIT 14. On execution of this lease, the tenant will pay the Landlord a security deposit of $550.00 (the "Security Deposit"). 15. The Landlord will hold the Security Deposit until a final walk through of the Property is completed. 16. During the term of this lease or after its termination, the Landlord may charge the tenant or make deductions from the Security Deposit for any or all of the following: a. Repair of the walls due to lugs, large nails or any unreasonable number of holes in the walls including the repainting of such damaged walls b. Repainting required to repair the results of any other improper use or excessive damage by the tenant c. Unplugging toilets, sinks, and drains d. Replacing damaged or missing doors, windows, screens, mirrors or light fixtures e. Repairing cuts, burns or water damage to floors, rugs and other areas f. Any other repairs or cleaning due to any damage beyond normal wear and tear caused or permitted by the tenant or by any person whom the tenant is responsible for g. The cost of extermination where the tenant of the tenants guests have brought or allowed insects into the Property or building h. Repairs and replacement required where windows are left open which have caused plumbing to freeze, or rain or water damage to floors or walls i. Any other purpose allowed under this Lease or Act For the purpose of this clause, the Landlord may charge the tenant for professional cleaning and repairs if the tenant has not made alternate arrangements with the Landlord. 17. The tenant may not use the Security Deposit as payment for the rent 18. The Landlord will return the Security Deposit at the end of this tenancy, less such deductions as provided in this lease but no deduction will be made for damage due to reasonable wear and tear nor for any deduction prohibited by the Act. 19. Within the time period required by the Act and after the termination of this tenancy, the Landlord will deliver or mail the Security deposit less any proper deductions or with further demand for payment advise. PET FEE 20. On execution of this lease, the tenant will pay the Landlord a non-refundable pet fee of $150.00 (the "Pet Fee") 21. Notwithstanding the provisions in this section, the Landlord has the right to charge a reasonable and non-refundable fee for allowing the tenant to keep pets on the Property. INSPECTIONS 22. The parties will complete an inspection walkthrough 23. At all reasonable times during the term of this lease and any renewal of this lease, the Landlord and its agents may enter the Property to make inspections or repairs, or to show the Property to prospective tenants or purchases in compliance with the Act. TENANT IMPROVEMENTS 24. The tenant may NOT make improvements to the property UTILITIES AND OTHER CHARGES 25. The Landlord is responsible for the payment of the following utilities and other charges in relation to the Property: Electricity, Water/sewer, internet, cable, heating, oil/propane, garbage collection and alarm/security system INSURANCE 26. The tenant is hereby advised and understands that the personal property of the tenant is not insured by the landlord for either damage or loss, and the Landlord assumes no liability for any such loss 27. The tenant is not responsible for insuring the Landlords contents and furnishings in or about the Property for either damage or loss, and the tenant assumes no liability for any such loss. GOVERNING LAW 28. This lease will be construed in accordance with and exclusively governed by the laws of the State of North Carolina. AMENDMENT OF LEASE 29. The lease may only be amended or modified by a written document executed by the Parties. ASSIGNMENT AND SUBLETTING 30. The tenant WILL NOT assign this lease, or sublet or grant any concession or license to use the Property or any part of the Property. Any assignment, subletting, concession, or license, whether by operation of law or otherwise, will be void and will, at Landlord's option, terminate this lease. DAMAGE TO PROPERTY 31. If the Property should be damaged other than by the tenants negligence or willful act or that of the tenants employee, family, agent, or visitor and the Landlord decides not to rebuild or repair the Property, the Landlord may end this lease by giving appropriate notice. CARE AND USE OF PROPERTY 32. The tenant will promptly notify the Landlord of any damage, or of any situation that may significantly interfere with the normal use of the Property or to any furnishings supplied by the Landlord. 33. The tenant will not engage in any illegal trade or activity on or about the Property 34. The Parties will comply with standards of health, sanitation, fire, housing and safety as required by law. 35. The Parties will use reasonable efforts to maintain the Property in such a condition as to prevent the accumulation of moisture and the growth of mold. The tenant will promptly notify the Landlord in writing of any moisture accumulation that occurs or of any visible evidence of mold discovered by the tenant. The Landlord will promptly respond to any such written notices from the tenant. 36. At the expiration of the term of this lease, the tenant will quit and surrender the Property in as good a state and condition as they were at the commencement of this lease, reasonable use and wear and tear excepted. RULES AND REGUALTIONS 37. The tenant will obey all rules and regulations of the Landlord regarding the Property ADDRESS FOR NOTICE 38. For any matter relating to this tenancy, the tenant may be contacted at the Property or through the phone number below: a. Name: b. Phone:_______________________ c. Name: d. Phone:_______________________ 39. For any matter relating to this tenancy, whether during or after this tenancy has been terminated, the Landlord's address for notice is a. Name: Salty Stays LLC b. Address: 117 Croyden Dr Kernersville, NC 27284 The contact information for the Landlord is: a. Brad Stanbery b.c.d. McKinley Stanbery e.f. GENERAL PROVISIONS 40. All monetary amounts stated or referred to in this Lease are based in the United States dollar. 41. Any waiver by the Landlord of any failure by the tenant to perform or observe the provisions of this lease will not operate as a waiver of the Landlord's rights under this lease in respect of any subsequent defaults, breaches or non-performance and will not defeat or affect in any way the Landlord's rights of any subsequent default or breach 42. This lease will extend to and be binding upon and inure to the benefit of the respective heirs, executors, administrators, successors and assigns, as the case may be, of each Party. All covenants are to be construed as conditions of this lease. 43. All sums payable by the tenant to the Landlord pursuant to any provision of this lease will be deemed to be additional rent and will be recovered by the Landlord as rental arrears 44. Locks may not be added or changed without the prior written agreement of both parties, or unless the changes are made in compliance with the Act. 45. The tenant will be charged an additional amount of $25.00 for each N.S.F check or checks returned by the tenants financial institution. 46. This lease constitutes the entire agreement between the Parties. 47. During the last 30 days of this lease, the Landlord or the Landlord's agents will have the privilege of displaying the usual "for Sale" or " For Rent" or "vacancy" signs on the Property IN WITNESS WHEREOF, and Salty Stays LLC have duly affixed their signatures on this __________day of_________________, ___________. Salty Stay LLC Per_____________________________ _____________________________ ___________________________ The tenant acknowledges receiving a duplicate copy of this lease signed by the tenant and the Landlord on the ____________day of____________, 20__. ______________________________ _____________________________