|
Page 2 of 8
<br />
<br /> Tenant Initials _______ _______
<br /> STANDARD FORM 410-T
<br />Revised 7/2022
<br />© 7/2022
<br />
<br />
<br />(ii) IF THE TENANCY IS RENEWED ON ANYTHING OTHER THAN A CALENDAR MONTH-TO-MONTH
<br />BASIS, THE TENANCY MAY BE TERMINATED BY EITHER LANDLORD OR TENANT GIVING THE OTHER
<br />__________ DAYS WRITTEN NOTICE PRIOR TO THE LAST DAY OF THE FINAL PERIOD OF THE TENANCY,
<br />WITH THE TERMINATION TO BE EFFECTIVE ON THE LAST DAY OF THE FINAL PERIOD OF THE TENANCY.
<br />
<br />(NOTE: State and Federal law permit early termination of leases under certain circumstances by members of the United States Armed
<br />Forces. For information, see Questions and Answers on: North Carolina Military Personnel Residential Lease Termination , available
<br />on the website of the NC Real Estate Commission at www.ncrec.gov).
<br />
<br />2. Rent: Tenant shall pay the Rent, without notice, demand or deduction, to Landlord or as Landlord directs. The first Rent
<br />payment, which shall be prorated if the Initial Term commences on a day other than the first day of the Payment Period, shall be due
<br />on _____________________________________(date). Thereafter, all rentals shall be paid in advance on or before the FIRST day of
<br />each subsequent Payment Period for the duration of the tenancy. Rentals not paid on or before the first day of the Payment Period will
<br />be considered late, and any such non-payment will constitute a breach of this Agreement.
<br />
<br />3. Late Payment Fees and Returned Check Fees: Tenant shall pay the Late Payment Fee if any rental payment is five (5)
<br />days or more late. This late payment fee shall be due immediately without demand therefor and shall be added to and paid with the
<br />late rental payment. Tenant also agrees to pay the Returned Check Fee for each check of Tenant that is returned by the financial
<br />institution because of insufficient funds or because the Tenant did not have an account at the financial institution.
<br />
<br />4. Tenant Security Deposit: The Security Deposit shall be paid prior to Tenant’s occupancy of the Premises, and shall be
<br />administered in accordance with the North Carolina Tenant Security Deposit Act (N.C.G.S. § 42-50 et. seq.). IT MAY, IN THE
<br />DISCRETION OF EITHER THE LANDLORD OR THE AGENT, BE DEPOSITED IN AN INTEREST-BEARING ACCOUNT
<br />WITH THE BANK OR SAVINGS INSTITUTION NAMED ABOVE. ANY INTEREST EARNED UPON THE TENANT
<br />SECURITY DEPOSIT SHALL ACCRUE FOR THE BENEFIT OF, AND SHALL BE PAID TO, THE LANDLORD, OR AS THE
<br />LANDLORD DIRECTS. SUCH INTEREST, IF ANY, MAY BE WITHDRAWN BY LANDLORD OR AGENT FROM SUCH
<br />ACCOUNT AS IT ACCRUES AS OFTEN AS IS PERMITTED BY THE TERMS OF THE ACCOUNT.
<br />Upon any termination of the tenancy herein created, the Landlord may deduct from the Tenant Security Deposit amounts
<br />permitted under the Tenant Security Deposit Act. If there is more than one person listed above as Tenant, Agent may, in Agent’s
<br />discretion, pay any balance of the Tenant Security Deposit to any such person, and the other person(s) agree to hold Agent harmless
<br />for such action. If the Tenant’s address is unknown to the Landlord, the Landlord may deduct any permitted amounts and shall then
<br />hold the balance of the Tenant Security Deposit for the Tenant’s c ollection.
<br />
<br />If the Landlord removes Agent or Agent resigns, the Tenant agrees that Agent may transfer any Tenant Security Deposit held
<br />by Agent hereunder to the Landlord or the Landlord’s designee and thereafter notify the Tenant by mail of such transfer a nd of the
<br />transferee’s name and address. The Tenant agrees that such action by Agent shall relieve Agent of further liability with res pect to the
<br />Tenant Security Deposit. If Landlord’s interest in the Premises terminates (whether by sale, assignment, dea th, appointment of
<br />receiver or otherwise), Agent shall transfer the Tenant Security Deposit in accordance with the provisions of North Carolina General
<br />Statutes § 42-54.
<br />
<br /> 5. Tenant’s Obligations: Unless otherwise agreed upon, the Tenant shall:
<br />(a) use the Premises for residential purposes only and in a manner so as not to disturb the other tenants;
<br />(b) not use the Premises for any unlawful or immoral purposes or occupy them in such a way as to constitute a nuisance;
<br />(c) not engage in, or permit any member of Tenant’s household or any guest to engage in, criminal activity on or in the
<br />immediate vicinity of any portion of the Premises;
<br />(d) keep the Premises, including but not limited to all plumbing fixtures, facilities and appliances, in a clean and safe
<br />condition;
<br />(e) cause no unsafe or unsanitary condition in the common areas and remainder of the Premises used by him;
<br />(f) comply with any and all obligations imposed upon tenants by applicable building and housing codes;
<br />(g) dispose of all ashes, rubbish, garbage, and other waste in a clean and safe manner and comply with all applicable
<br />ordinances concerning garbage collection, waste and other refuse;
<br />(h) use in a proper and reasonable manner all electrical, plumbing, sanitary, heating, ventilating, air conditioning, and other
<br />facilities and appliances, if any, furnished as a part of the Premises;
<br />(i) not deliberately or negligently destroy, deface, damage or remove any part of the Premises, whether inside or outside any
<br />dwelling unit, or permit any person, known or unknown to the Tenant, to do so;
<br />(j) be responsible for all damage, defacement, or removal of any property inside a dwelling unit in the Tenant's exclusive
<br />control (including but not limited to all appliances and fixtures) unless the damage, defacement or removal was due to ordinary wear
<br />and tear, acts of the Landlord or the Landlord's agent, defective products supplied or repairs authorized by the Landlord, acts of third
<br />parties not invitees of the Tenant, or natural forces;
<br />(k) pay the costs of all utility services to the Premises, including, but not limited to, water, electric, sewer, and gas services,
<br />and those for which Tenant is responsible in paragraph 7 below, and keep any such utility services continuously connected and in use;
<br />60
<br />01/01/2023
<br />dotloop signature verification: dtlp.us/Mcl7-eeDn-RaV0
<br />
<br /> DocuSign Envelope ID: 37E6FC08-EFB2-4BED-84D4-D670E87CC3BC
|