Residential Lease Agreement

Light Side Properties LLC. / Rohit Sansoa

1123 Fairfax St.
Radford, VA. 24141
540-556-0456

1.0 Lease Agreement.

This form serves as a legally binding rental contract agreed under the following terms and
conditions:

2.0 This Agreement made and entered into this ______ day of______________/________ by
and between Light Side Properties LLC. (Landlord) and Resident named below (hereafter
referred to as "resident").

Tenant ______________________________________________________________________
Mailing Address _______________________________________________________________
Email ________________________________________ Phone #(_____)______-___________
Deposit Paid ($________) Date ___/___/_____ Balance due if any ($________)(__________)

Tenant ______________________________________________________________________
Mailing Address _______________________________________________________________
Email ________________________________________ Phone #(_____)______-___________
Deposit Paid ($________) Date ___/___/_____ Balance due if any ($________)(__________)

Tenant ______________________________________________________________________
Mailing Address _______________________________________________________________
Email ________________________________________ Phone #(_____)______-___________
Deposit Paid ($________) Date ___/___/_____ Balance due if any ($________)(__________)

Tenant ______________________________________________________________________
Mailing Address _______________________________________________________________
Email ________________________________________ Phone #(_____)______-___________
Deposit Paid ($________) Date ___/___/_____ Balance due if any ($________)(__________)

Tenant ______________________________________________________________________
Mailing Address _______________________________________________________________
Email ________________________________________ Phone #(_____)______-___________
Deposit Paid ($________) Date ___/___/_____ Balance due if any ($________)(__________)

Page 1 of 9
3.0 The Property. The Lease Agreement refers to the property located at:
Mailing Address _____________________________________________________________
City of _____________________________________________________________________
4.0 PREMISES: Landlord hereby leases to resident the unit described above. Each unit consists
of bedroom, kitchen, dining and living room area. It is understood that the leased premises
consists of the exclusive use and occupancy of one of the bedrooms and shared use and
occupancy of the kitchen, bathrooms, living room, laundry room and dining area with the other
residents of the property.

5.0 TERM: The term of this lease is from August 1,________to July 31,________. At a total
rent of ($________________)____________________________________________________)
Dollars, payable in equal monthly installments of
($______________)____________________________________________________________)
Landlord shall exercise a good faith effort with respect to delivering possession of the premises to
the resident on the commencement date. In the event that Landlord does not deliver possession
of the remises to Resident on beginning date of the lease, but Landlord does deliver possession
within sixty (60) days after the beginning date, the rent shall be abated on a daily basis during the
period of delay. If Landlord offers Resident alternative housing acceptable to Resident prior to
delivery of the premises, the rent shall not be abated If Landlord does not deliver possession to
Resident within sixty (60) calendar days after the first day of the lease term;. the Resident may
cancel this lease by written notice without further obligation and the entire Security Deposit shall
be refunded. Landlord shall not be liable to Resident for any losses or damages related to such
failure to deliver timely possession and any such failure shall not affect the validity of this lease.
Although the lease is for the full 12-month period the landlord has the first 10 days of the lease
period to do any maintenance, cleanup, and any repairs need to be completed.

6.0 SECURITY DEPOSIT:

In addition to the rental installments, Resident hereby deposits in advance with Landlord the
amount equivalent to one month's rent per lessee as a security deposit to be held in escrow.
Landlord must receive the full security deposit at the signing of the lease. before Resident may
occupy the premises. The security deposit will be retained by Landlord during the term of the
lease and refunded within thirty (30) days after the termination of the lease. Resident may not
apply security deposit toward rent due. Security deposit is a good faith deposit for resident's
fulfillment of each condition of this lease, and a contingency against physical damage to the
premises or failure to follow proper check out procedures by Resident or Residents invitees or
guests. Vacating tenant should remove everything including personal belongings and trash and
leave the premises in good, broom clean condition, free of damages accepting reasonable wear
and tear. Excessive dirt. marks and holes in walls are considered above general cleaning and
reasonable wear and tear. Carpet will be professionally cleaned after each group of tenants
vacates the property. This cost will be deducted from the Security Deposit evenly amongst all
tenants. Stains and cigarette burn on carpet and vinyl is considered damage. Upon resident's
surrendering possession of the premises at the termination of this lease, the Resident and
Landlord shall jointly inspect the premises and complete the Move Out inspection portion of the
Inspection Report, listing any damage done to the premises during the lease term which is the
basis for any charge against the Security Deposit, and the estimated dollar value of such
damage. Resident agrees, to leave all utilities on until the Move Out inspection is completed, and
the cost of having power or utilities-turned on to the inspection shall be borne by Resident The
Landlord and Resident shall sign the Inspection Report; provide, however. if Resident refuses to
sign the Inspection Report, he/she must state specifically in writing the items on the Inspection
Report to which he/she disagrees. If Resident does not provide written disagreement within five
(5) days of the inspection Or if Resident is not present at the Move Out Inspection or fails to
follow the described move out procedures and return all keys to Landlord, it may result in partial

Page 2 of 9
or full forfeiture of the Security Deposit, but in no event shall such forfeiture be construed as
liquidated damages.

7.0 Rental Payments

August rent is due on the first move in day or on August 1st whichever comes first. The
standard monthly installment is due to the Landlord on the first (1st) day of each month and
considered late after 5:00pm on the fifth (5th) day of the month. A 5% late fee or a minimum of
$25.00 (whichever is greater) will be due on the sixth (6th) day of the month. In addition to the
late fee, a fee of $10.00 a day will be charged for each day rent is late after the 6th day of the
month. Acceptance of partial rent payments does not constitute payment in full, nor waive any
notices issued. A service charge of $35.00 will be due immediately plus "late fees on each
returned check in addition to the original check amount. Failure to pay any installments on-due
date is a violation of this lease.

8.0 PARENTAL OR SPONSOR'S GUARANTY:

Most of the Residents of the community are college-age students. The Landlord requires as a
condition of this lease, a binding parental or sponsor's guaranty (the "Guaranty") which Guaranty
constitutes an essential inducement for the grant of this lease by Landlord, directly from the
parent or sponsor and that Landlord reserves the right, both civil and criminal, for any false
execution of forgery of the Guaranty. Resident acknowledges that this lease is for an essential
necessity of Resident, and that Resident shall be fully bound by all of the terms and conditions
hereof. The execution of the Guaranty constitutes and additional assurance to the Landlord of the
performance of the covenants of this Lease and shall not be construed as a release of the
Resident's responsibilities and obligations hereunder.

9.0 REPAIRS & EMERGENCIES:

Resident will take good care of property and will report promptly to Landlord any repairs, which
may be needed in or on the premises. Lack of such notification may result in Resident being
charged for repairs. Landlord shall have the right to make repairs and renovations at reasonable
times, Resident shall pay for damages to property caused by fault of negligence of Resident or
Resident's family, guests, and/or agents. Fire, plumbing leaks, frozen waterlines, lack of heat in
winter, or electrical failure are considered emergencies. If an emergency arises, contact the Fire
Department, Police and/or the Landlord immediately.

10.0 CONDUCT:
Resident will see that the conduct of Resident, Resident's family, or Resident's guests (whether
known by Resident or not), and/or agents on the leased premises is never disorderly or
boisterous; that it does not interfere with the rights and conveniences of others on or around the
premises; that it is not unlawful or immoral.

11.0 LIABILITY:
Landlord shall not be liable to Resident, Resident's family, guests, or employees for any damage
to person or to property caused by the acts or omissions of other residents, whether such,
persons be off the property or on the property with or without permission of Landlord; nor shall
Landlord be liable for losses or damages resulting from failure, interruption, or malfunctions in the
utilities and amenities provided to Resident. It is understood that any personal property left in the

Page 3 of 9
property, after the expiration of the lease term, shall be considered abandoned property by
Landlord and Resident. Resident agrees to pay for the removal of such.

12.0 ACT OF GOD OR FIRE:

Resident shall notify Landlord immediately in case of damage by Act of God or fire. Landlord shall
repair the premises or deem it unfit for repair, If deemed unfit for repair, the lease shall terminate
and rent will be calculated on a daily basis up to the date of the damage.

13.0 INSPECTION OF PROPERTY:

Upon move in by the tenants there will be a move in inspection documented and signed by the
tenants and the landlord. The tenants will have 5 days after the move in date to report any
additional damages that they may find as not to be liable for them upon move out inspection. The
additional damages need to be documented and reported to Landlord within 5 days of the move
in date. Landlord may enter the premises at any reasonable time to inspect, repair,
verify lease obligations, or to show the premises to a prospective resident, purchaser, lender, or
insurance agent. Landlord shall give no less than a twelve (12) hour notice of intent to enter
premises except in the case of an emergency. Should Landlord enter for the purpose of making
an inspection and determine there are any problems with repair, damage, or otherwise, Landlord
shall notify Resident, specifying the existence of such damage, and Landlord shall have the
option to repair, replace, clean, or otherwise deal with any damaged items and shall invoice the
Resident for any such charges, other than reasonable wear and tear, and Resident shall pay
within ten (10) days of the invoice. Upon inspection of the premises. while occupied by the
Resident, if the Landlord finds consistent excessive damage or other violations of the lease. The
Landlord reserves the right to terminate the lease agreement and have the tenants evicted
immediately.

14.0 DEFAULT/LEASE VIOLATION:

In the event of default or violation by the Resident of the lease terms, the rent for the full balance
of the lease term, less the amount of rent collected, shall become due and payable in one sum or
billed monthly, together with expenses that Landlord may incur, including but not limited to,
attorney's fees collection fees. re-renting, and placing the unit in rentable order. Upon violation of
the lease landlord may regain full occupancy by changing any locks on the doors (per bedroom)
until lease terms are satisfied.

15.0 OTHER SERVICES:

Resident shall be responsible for acquiring an necessary utility services. Resident must maintain
all utility services during lease term to avoid damage to the premises and appliances. Resident
agrees to keep the sinks, lavatories and commodes open and report any malfunctions
immediately.

16.0 INTERIOR:
Resident shall not make any alteration to the premises or fixtures nor use any appliances or
fixtures other than those supplied, without written consent of Landlord. Any improvements shall
become a permanent part of the Premises and may not be removed at termination of lease;
however, Landlord reserves the right to require Tenant to return the Premises to its original
condition, Sheets, blankets etc. are not to be hung in place of existing window blinds.
Combustible fuels are not permitted in premises or around the unit. All equipment, appliances, or

Page 4 of 9
amenities must be used for the purpose intended. No more than fifteen (15) people are allowed in
the premises at any one time.

17.0 EXTERIOR:
No alterations are permitted. No outside antennas or satellite dishes are to be attached to any
part of the unit or extend beyond the rented premises. No vehicle maintenance is permitted on
the property such as changing oil. tuning engines, etc. Trash must be deposited in the dumpsters
immediately. UNDER NO CIRCUMSTANCES may trash or garbage be deposited outside the
front door, or be left to accumulate within the premises. A $25 fine per resident will be assessed if
Landlord finds the property with excessive trash in the yard. All yards, porches and decks must
be neat and free of unsightly clutter (this includes beer kegs, furniture, trash and cigarette buds)
which is in the sole discretion of the Landlord. It is the sole responsibility of the Landlord to handle
the maintenance of the lawn. No Resident is allowed on the roof at anytime under any
circumstances.

18.0 PARKING:
Parking is permitted in the parking lot only. UNDER NO CIRCUMSTANCES will parking on the
grass, sidewalks or fire lanes be permitted. Motorcycles should have a small board under the
kickstand to prevent damage to the asphalt. Abandoned, inoperable or illegally parked vehicles
will be towed at vehicle owner's expense.

19.0 SUBLETTING/ASSIGNING OF LEASE:

No subletting or assignment of this lease may be made without written permission of Landlord in
advance.

20.0 US ARMED FORCES:

If Resident is in the US Armed Forces and is transferring under orders from the
US Government, Resident may terminate this lease with a thirty (30) day written notice, with a
copy of Government orders attached. Resident must pay liquidated damages equal to one (I)
month's rent, if tenant leased less than six (6) months or one-half of one (1) month's rent if
Resident Leased more than six (6)
months but less than twelve (12) months.

21.0 PUBLIC NOTICES:

Residents should secure permission from Landlord before posting flyers, notices,
etc. No type of philanthropy (sorority I fraternity) paraphernalia will be permitted to be attached to
the exterior of the property.

22.0 GUESTS:
Guests should limit their stay to no more than two (2) weekends per month. Resident is
responsible for the conduct of their guests (whether known by resident or not), and guests must
abide by all regulations and policies of the leased property.

Page 5 of 9
23.0 PETS:
No pets of any kind are permitted on the premises. Absolutely NO dogs, cats etc. are allowed. No
visiting pets are permitted. The following shall apply to a violation of this policy,
• First Time: A written warning will be issued to the Residents specifying the complaint, a
$100.00 charge per resident will be assessed against each Resident and Landlord may,
at its discretion, declare the lease to be in default. Residents will also be responsible for
cleaning and replacement of carpet due to any damage. Notification will be sent to the
parent or sponsor signing the guaranty.
• Second Time: Upon a second violation, a $200.00 charge per resident will be assessed.
The Residents and the Landlord may, at its discretion, declare the lease to be in default.
The Residents will be assessed any and all damages to the apartment caused by the pet.

24.0 WATERBEDS:
No waterbeds are permitted in the premises. Exception may be given with prior written approval
from Landlord on first floors only for medical reasons. Landlord requires proof of proper insurance
coverage prior to occupancy. Resident will be responsible for any and all damages due to
waterbeds.

25.0 KEYS AND LOCKS:

Alterations or replacement of all door locks, bolts, knockers. peepholes, etc. must be installed by
Landlord or have Landlord approval. All keys must be returned to Landlord at the move out
inspection. Security Deposit Refund (if applies) will not be refunded until all keys have been
returned. Key replacement fee $ 20.00

25.0 BUSINESS PURPOSES:

Premises may not be used for business purposes.

26.0 PARTIES:
Parties of more than fifteen (15) people are NOT permitted within the leased premises. The
following shall apply to a violation of this policy:
• First Time: A written warning will be issued to the Residents specifying the complaint, a
$100.00 charge per resident will be assessed against the Residents and Landlord may,
at its discretion, declare the lease to be in default. Residents will also be responsible for
damage or cleaning necessary as a result of the party. Notification will be sent to the
parent or sponsor signing the guaranty.
• Second Time: Upon a second violation, a $200.00 charge per resident will be assessed.
The Residents and the Landlord may, at its discretion, declare the lease to be in default.

27.0 SMOKE Detectors:

Page 6 of 9
 It shall be the responsibility of the Resident to check smoke detectors periodically during the
tenancy, replace batteries as necessary to keep the smoke detector in proper working condition,
and to report any malfunctions in said smoke detector(s) to the Landlord immediately.

28.0 ROOMATES' DISAGREEMENTS:

Disagreements arising between the roommates shall be resolved by the roommates involved, not
Landlord. If disagreements cannot be resolved and a roommate or roommates decide to vacate
the premises. the Resident(s) vacating the premises will still be liable for their entire lease
obligation. Roommates are encouraged to resolve their own disagreements. Vacating the lease
without a 30 day written notice to the landlord is a violation of this lease. This will result in
forfeiture of security deposit and landlord regaining full occupancy of property (per bedroom) by
changing locks on doors.

29.0 RENTER'S INSURANCE:

Landlord's insurance policy does not cover damage by fire, water, vandalism, or any other cause
to your personal property located within the premises. Landlord strongly recommends that
Resident obtain a renter's insurance policy to cover damage to personal property.

30.0 AGREEMENT:
It is agreed by the signatures below that the Landlord has the right to place roommates if a
vacancy exists at anytime during the lease period. Landlord will give residents ample opportunity
to fill any vacancies by their own discretion before placing a roommate in the house. Although
this lease is an individual agreement per bedroom, this unit (____________________________),
Radford, VA 24141) is to be rented as a whole (Ex. One person may not rent a bedroom without
having roommates for the other rooms).

31.0 LEASE ACKNOWLEDGEMENT:

Resident acknowledges the reading and understanding of this lease
agreement and acknowledges that the lease is inclusive of all the terms and conditions set forth
in this document. Any erasures, typographical changes, or additions to the lease which are not
authorized and executed by Landlord will be void, but will not cancel or void the balance of the
lease. Parties agree that neither party may rely on any oral representations. All parties whose
names are signed on this lease are liable for rents, deposits, and damages as result of Resident
default. Failure to abide by any of the lease terms is a violation of the lease and is grounds for
eviction. Any rights and remedies contained herein shall be cumulative of any rights and
remedies specified under the laws of the State of Virginia. Resident agrees to abide by the rules
and regulations published by Landlord. Resident confirms that all the statements made in the
application are true and correct and agrees that any breech of any rules and regulations or false
statements on the application constitutes a breech under the lease. This lease shall be binding on
and shall insure to the benefit of the respective parties and their personal and legal
representatives, estate, heirs, legatees, assigns, and/or successors in interest.

OTHER:
_____________________________________________________________________________
_____________________________________________________________________________

Page 7 of 9
 Signature Page

32.0 Signatures.
In the witness whereof, the landlord and tenant agree to the terms and conditions to the executed
lease agreement dated _______ / ________ / __________ (Month/Day/Year)

Landlord’s Name (Printed) ___________________________________________________

Signature _________________________________ Date ___/___/______

Light Side Properties LLC.

-----------------------------------------------------------------------

1. Tenant’s Name (Printed) _______________________________________________________

Tenant’s Signature ____________________________________________ Date ___/___/______

2. Tenant’s Name (Printed) _______________________________________________________

Tenant’s Signature ____________________________________________ Date ___/___/______

3. Tenant’s Name (Printed) _______________________________________________________

Tenant’s Signature ____________________________________________ Date ___/___/______

4. Tenant’s Name (Printed) _______________________________________________________

Tenant’s Signature ____________________________________________ Date ___/___/______

5. Tenant’s Name (Printed) _______________________________________________________

Tenant’s Signature ____________________________________________ Date ___/___/______

Page 8 of 9
 Parental / Guarantor Information and Signature

Parent or the guarantor need to a complete this form in accordance the section 8.0 on page three
of this lease. Parent or the guarantor also need to attach a copy of their photo Id and return it to
address below. The documents can also be scanned and emailed to lightside612@gmail.com.
Lightside properties
1123 Fairfax St.
Radford, VA. 24141

Tenant’s Name (Printed) ________________________________________________________

Parent / Guarantors:
Name(s)__________________________________/____________________________________

Address:______________________________________________________________________
_____________________________________________________________________________

Phone # (_______)_________/___________ Phone # 2 (_______)________/____________

Email:________________________________________________________________________

Date: _______/________/__________

Print Name________________________________/___________________________________

Signatures:________________________________/____________________________________

Page 9 of 9