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Lease 1

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brianmurugami
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22 views6 pages

Lease 1

Uploaded by

brianmurugami
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
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LEASE AGREEMENT - RESIDENTIAL This is a written contract that sets out the terms and conditions between the Landlord and Tenant of a residential property THE LANDLORD Name & Sumame: Sinai Tradina (oty) It ck 20211907834/07 Address 05 Iceland street Cosmo city randbura Gautena (me adres sce 08 he somes cand et exer) Email Sinaitrading@sinatrading.co.za Cell phone Number- +27678650582 THE TENANT Name & Sumame:— “Theyrdazent Nelleta 1D Number: o[loortosvors Address: MeO froinshlelr (Malvern (the adress ace athe dominant excita) Emait Aueticazanisice terry Sqreile om Cell phone Number O11 BOY FIZ E 4. COMMENCEMENT & RENTAL PERIOD 44 ‘The rental agreement will be valid from the 3 1 uty 20 23 3) e aN B20 wy 42, Inetease agreement wi dtomatcaly be renewed, nies canceled wing by etter the Lanled or tenant. Nouce of cancata " must Be given at feast 2 (two) months oelore tne lease expires. 5. DEPOSIT 5.1, The Tenant must as security for fulfiment of allits obligations under this agreement, pay a deposit of R 1100 ‘One thousand One hundred 5.2, The Landlord will keep the deposit in an interest-bearing account, for the benefit of the Tenant. 5.3, The Tenant cannot apply the deposit as payment of the last month's rental or any other rental due to the Landlord. 5.4, The Landlord may deduct amounts payable under this agreement, which remain unpaid after the due date, from ‘the deposit. Snould such a deduction be made, the Landlord may request ine Tenant to immeciately pay an ‘emount to reinstate the deposit to ite full amount. The Landlord ie further entitled to deduct rezeonable costs ‘associated with repair of damages caused to the Premises during the lease period. or the cost for replacing lost keys. 5.5, The balance of the deposit and interest earned, must be refunded to the Tenant within 44 (fourteen) business ‘ays after the end of the lease agreement. 5.6. f'n amounts are due and owing at the end of this lease agreement, the deposit and interest must be refunded {0 the Tenant, in ul, within 7 (seven) business days after the end of the lease agreement. 5.7. Ifthe lease agreement is automatically renewed, the lease will continue on the same conditions contained in this document, but rentat will be negotiated. The Landlord may also increase the deposit amount to be equat to the newly negotiated rental 6. INCOMING/OUTGOING INSPECTIONS 6.1. The Landlord and Tenant must jointly inspect the Premises before the Tenant moves in, Should the Tenant fail ‘to meet the Landiord on the mutually agreed date and time to inspect the the Premises, the Premises will be ‘regarded to be free of any defects and damages. A list of defects or damage present must be attached te this ‘agreement. The Tenant must inform the Landlord of any additional defects or damages noted within 7 (Seven)

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