RESIDENT agrees to pay monthly rent in the amount of $1,350.00 to OWNER. This agreement is for 1 year lease. Thereafter it shall become a month-to-month tenancy until either party shall terminate this agreement by providing a written notice of intention to terminate at least 30 days prior to the date of termination. Payment is due upon signed lease. Payment there after is due on the 1st of the month. If no payment is received by the 5th of the month, eviction will commence. Additional fees or charges include: $500 nonrefundable cleaning fee. SECURITY DEPOSIT: RESIDENT agrees to pay owner $1,350.00 as a security deposit to secure compliance with the terms and conditions of this agreement and shall be refunded to RESIDENT within 30 days after the premises have been completely vacated less any amount necessary to pay OWNER; any unpaid rent, cost for repair of damages to premises above ordinary wear and tear, and/or any other amount legally allowable under the terms of this agreement. A written accounting of said charges shall be presented to RESIDENT within 15 days of move-out. If damages commence above the $1,350 security deposit, RESIDENT will be fully responsible given the written accounting provided to RESIDENT by OWNER. UTILITIES: OWNER agrees to pay all electric, gas, and water bills up to a collective $400 per month. If more than $400 per month, OWNER will submit receipts to RESIDENT for payment over $400. OWNER agrees to pay for garbage, and sewer services. TERMINATION: After expiration of the leasing term, this agreement is automatically renewed from month to month, but may be terminated by either party giving a 30 day written notice of intention to terminate. Should the RESIDENT hold over beyond the termination date or fail to vacate all possessions on or before the termination date, RESIDENT shall be liable for rent until the end of the initial term. ENTIRE AGREEMENT: This Agreement constitutes the entire Agreement between OWNER and RESIDENT. No oral agreements have been entered into, and all modifications or notices shall be in writing to be valid.
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