207 Timber Forest Ln, Cary, NC 27519

Newly constructed 3 story with two car garage Townhome in the heart of RTP, opposite Panther Creek High School, & close to Whole Foods. It has two full baths and two half baths. Starting Feb 1st you can view the space by appointment only - tenants on property. Minimum 1 year lease. Occupants need to transfer utilities in their name. Tenants shall pay the Landlord in monthly payments of $2050 by the fifth of each month for the month ahead. Payment by direct deposit is preferred to avoid late payment and penalties. If payment is not received by the 6th day of the month, a $20/day penalty will be assessed until payment is made and received in full, which is why an automatic electronic payment is the best payment method. Master tenant must provide a minimum 60 days heads up notification before departure after the one-year lease is over to provide enough time for landlord to find new tenants. Tenants shall pay a security deposit of $2050, which will be used to pay for damages incurred by the Tenants (damaged walls, ceilings, floors, fixtures, appliances, water damage, deck damage, etc.) that are not fixed on move-out. Whenever there is any sort of damage, the Master Tenant must notify the Landlord within 48 hours to make sure the damage does not get worse. Tenants agree to return the property in the same condition during first move in and will perform a walk through checklist of the house with landlord upon start and end of the lease. Tenants shall pay for the following at their own expense: Electricity & Gas, cable, internet, Recology (garbage/recycling/compost), and water. Tenants must pay all charges promptly as they become due. 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 premises or any of the equipment and facilities of the building, any labor controversy, or any other causes of any kind beyond Landlord's reasonable control. Any such interruption and any other inability on Landlord's part to fulfill Landlord's lease obligations resulting from any such cause will not be considered an eviction or disturbance of Tenants' use and possession of the premises, or render Landlord liable to Tenants for damages, or relieve Tenants from performing Tenants' lease obligations. Tenant further agrees that: a) Condition of Premises: Upon the expiration of the Lease, the house shall return possession of the leased premises in the condition they first received. A required professionally cleaning must be done within one week of move out as a professional cleaning was done prior to move-in. b) Assignment or Subletting: Tenants shall not assign or sublet any room at ADDRESS or allow any other person to occupy the leased premises without Landlord's prior written consent. Tenants are prohibited to use programs like Airbnb or RelayRides to rent any part of the property including the parking space in the garage. c) Alterations: Tenants shall not make any material or structural alterations to the leased premises without Landlord's prior written consent. Any alternations made must match the existing quality an architectural style. Any remodeling must be done through a licensed contractor. d) Compliance with Law: Tenants shall comply with all building, zoning, and health codes and other applicable laws for the use of said premises. e) Tenant's Conduct: Tenants shall not conduct on premises any activity deemed extra hazardous, or a nuisance, or requiring an increase in fire insurance premiums. Tenants shall respect the neighbors and keep noise level to a minimum after 10pm. Any notification complaints by neighbors or police via e-mail, writing, phone call will result in an initial warning. A second offense is a $1,000 fine. A third offense may result in a 30-day notice to exit the property. 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. Premature break of the lease. If the Tenants break the lease before the one-year lease is over, the Tenants agree to pay for the remaining months left on the lease. All existing tenants are responsible for their portion of the rent if they are to break the lease before the one-year lease is over Upon Moving out. The Tenants must agree to return the house in the same condition as when first moved in. The house must be professionally cleaned and vacuumed. Occupancy. Only the aforementioned Tenants on the lease are allowed to live in the house for liability reasons. Guests are welcome for normal use, defined by a weekend stay up to a week a month. Tenants are liable for their guests. Tenants shall notify landlord over e-mail if Tenants desire a guest to stay longer. The current maximum number on the lease allowed is five Tenants signed on this lease. All tenants must get RENTERS INSURANCE for liability purposes. Landlord has landlord insurance. Rental Insurance. Tenants agree to get at least basic rental insurance as advised by the State of California to protect his/her belongings in case of theft, fire, and natural disaster. Landlord Inspection. Landlord may come by the property with a 24-hour heads up to inspect the property and pick up mail at his discretion.