752 Fish Camp Rd, Chelsea, AL 35043

RESIDENTIAL LEASE AGREEMENT This Lease Agreement ("Agreement") is entered into by and between Fahad Shah, hereinafter referred to as the "Landlord," and ____________________________, hereinafter referred to as the "Tenant." 1. PROPERTY: The property subject to this Lease is a residential home located at: 752 Fish Camp Road, Chelsea, Alabama 35043 ("Premises"). 2. TERM: The term of this lease shall be for 12 months, commencing on _____________ and terminating on _____________. 3. RENT: Tenant agrees to pay a monthly rent of $2,300, due on the first day of each month. If rent is not received by the fifth (5th) day of the month, a late fee of $50 will be assessed. 4. SECURITY DEPOSIT: Tenant shall pay a security deposit of $4,600 (two times the monthly rent) prior to move-in. The security deposit will be held to cover any damages beyond normal wear and tear and to ensure full compliance with the terms of this Agreement. 5. CREDIT & INCOME REQUIREMENTS: To qualify for the lease, each adult applicant must meet the following criteria: Minimum credit score of 650 Combined gross monthly income of at least 2.5 times the monthly rent ($5,750) 6. OCCUPANCY LIMITS: The Premises shall be occupied by no more than ____ adults and ____ children, unless prior written consent is obtained from the Landlord. 7. PET POLICY: Only cats are permitted as pets. No dogs or other animals are allowed. Pet deposits or pet rent may apply as specified in an addendum, if applicable. 8. NO SMOKING: Smoking is strictly prohibited inside the Premises, including all enclosed areas and garages. This includes the use of tobacco, vaping devices, and marijuana. 9. UTILITIES AND APPLIANCES: The Premises is equipped with the following appliances, which are included in the rent: Washer Dryer Microwave Dishwasher Oven Tenant is responsible for payment of all other utilities including, but not limited to, electricity, water, gas, internet, and trash collection. 10. MAINTENANCE: Landlord shall be responsible for: Lawn care and landscaping Pest control services Major structural repairs Tenant shall be responsible for: Reporting maintenance issues promptly Minor day-to-day upkeep 11. PARKING: [Specify number of vehicles and parking location if applicable] 12. RENTER'S INSURANCE: Tenant is required to maintain renter's insurance throughout the lease term and provide proof of coverage to the Landlord prior to occupancy. 13. RENEWAL: At the end of the lease term, the lease may be renewed upon mutual agreement or convert to a month-to-month agreement unless either party provides thirty (30) days' written notice of intent not to renew. 14. GOVERNING LAW: This Agreement shall be governed by the laws of the State of Alabama. IN WITNESS WHEREOF, the parties have executed this Lease Agreement on the dates written below. Landlord SignatureDate: _______________ Tenant SignatureDate: _______________ Tenant Signature (if multiple)Date: _______________