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Rent-to-own Agreement (not signed) - 122 Florida Park Dr, Palm Coast, FL 32137.pdf

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Rent to Own Agreement This Rent to Own Agreement (this "Lease") is made effective as of March 01, 2025 ("Effective Date"), by and between YHOME ("Landlord"), and and the following tenants: (the "Tenant") Subject to the terms and conditions stated below the parties agree as follows: PREMISES. Landlord, in consideration of the lease payments provided in this Lease, leases to Tenant 122 Florida Park Dr, Palm Coast, FL 32134 (the "Premises") located at 122 Florida Park Drive North, Palm Coast, Flori

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Rent to Own Agreement
This Rent to Own Agreement (this "Lease") is made effective as of March 01, 2025 ("Effective Date"), by
and between YHOME ("Landlord"), and and the following tenants:

(the "Tenant")
Subject to the terms and conditions stated below the parties agree as follows:
PREMISES. Landlord, in consideration of the lease payments provided in this Lease, leases to Tenant 122
Florida Park Dr, Palm Coast, FL 32134 (the "Premises") located at 122 Florida Park Drive North, Palm
Coast, Florida 32137.
TERM. The lease term will begin on March 01, 2025 and will terminate on March 31, 2029. If the
Purchaser fails to exercise the option by such time and date, the option will automatically terminate and the
Seller will be entitled to retain the non refundable consideration stated below.
LEASE PAYMENTS. Tenant shall pay to Landlord monthly installments of $2,800.00 per month, payable
in advance on the first (1st) day of each month. Lease payments shall be made to Landlord at 52 point
pleasant dr, palm coast, Florida 32164, which location may be changed, in writing by Landlord, with a
minimum of seven (7) days advanced notice to Tenant.
SECURITY DEPOSIT AMOUNT. At the time of the signing of this Lease, Tenant shall pay to Landlord,
in trust, a security deposit of $2,500.00. The deposit will be held in the Landlord''s non-interest bearing
account at: Vystar, 305 Palm Coast Park way SW, palm coast, Florida.
The deposit shall be applied as
follows:
Security Deposit: $2,500.00 to be held and disbursed for Tenant damages to the Premises or other
defaults under this Agreement, if any, as provided by law.
Upon the vacating of the premises for termination of the lease, Landlord shall have fifteen (15) days to
return the security deposit together with interest if otherwise required, or in which to give Tenant written
notice by certified mail to Tenant's last known mailing address of his or her intention to impose a claim on
the deposit and the reason for imposing the claim. The notice shall contain a statement in substantially the
following form:
This is a notice of my intention to impose a claim for damages in the amount of _____ upon your
security deposit, due to _____. It is sent to you as required by Section 83.49(3), Florida Statutes. You
are hereby notified that you must object in writing to this deduction from your security deposit within
fifteen (15) days from the time you receive this notice or I will be authorized to deduct my claim from
your security deposit. Your objection must be sent to (landlord's address).
If Landlord fails to give the required notice within the fifteen (15)-day period, he or she forfeits the right to
impose a claim upon the security deposit.

Unless Tenant objects to the imposition of Landlord's claim or the amount thereof within fifteen (15) days
after receipt of Landlord's notice of intention to impose a claim, Landlord may then deduct the amount of his
or her claim and shall remit the balance of the deposit to Tenant within thirty (30) days after the date of the
notice of intention to impose a claim for damages.
If either party institutes an action in a court of competent jurisdiction to adjudicate the party's right to the
security deposit, the prevailing party is entitled to receive his or her court costs plus a reasonable fee for his
or her attorney. The court shall advance the cause on the calendar.
Compliance with this section by an individual or business entity authorized to conduct business in this state,
including Florida-licensed real estate brokers and salespersons, shall constitute compliance with all other
relevant Florida Statutes pertaining to security deposits held pursuant to a rental agreement or other landlordtenant relationship. Enforcement personnel shall look solely to this section to determine compliance. This
section prevails over any conflicting provisions in Chapter 475 and in other sections of the Florida Statutes,
and shall operate to permit licensed real estate brokers to disburse security deposits and deposit money
without having to comply with the notice and settlement procedures contained in Section 475.25(1)(d).
POSSESSION. Tenant shall be entitled to possession on the first (1st) day of the term of this Lease, and
shall yield possession to Landlord on the last day of the term of this Lease, unless otherwise agreed by both
parties in writing. At the expiration of the term, Tenant shall remove its goods and effects and peaceably
yield up the Premises to Landlord in as good condition as when delivered to Tenant, ordinary wear and tear
excepted.
USE OF PREMISES/ABSENCES. Tenant shall occupy and use the Premises as a dwelling unit. Tenant
shall notify Landlord of any anticipated extended absence from the Premises not later than the first (1st) day
of the extended absence.
PETS. Pets shall not be allowed without the prior written consent of Landlord.
PROPERTY INSURANCE. Landlord and Tenant shall each be responsible to maintain appropriate
insurance for their respective interests in the Premises and property located on the Premises. Tenant shall be
required to maintain renter's insurance of not less than $25,000.00.
DAMAGE CAUSED BY TENANT. If any damage to the property shall be caused by their act or neglect,
the Tenant shall forthwith repair such damage at their own expense, including damage to screens and
windows where same is not covered by Landlord's insurance.
MAINTENANCE. Landlord shall have the responsibility to maintain the Premises in good repair at all
times and perform all repairs necessary to satisfy any implied warranty of habitability except that Tenant
shall be responsible for: TENANT WILL BE RESPONSIBLE FOR ALL REPAIRS. Tenant must notify
Landlord within twenty-four (24) hours of any condition requiring maintenance.
UTILITIES AND SERVICES. Tenant shall be responsible for all utilities and services in connection with
the Premises for the term of this Lease.
TAXES. Landlord shall pay all real estate taxes which may be levied against the Premises.
DESTRUCTION OR CONDEMNATION OF PREMISES. If the Premises are damaged or destroyed by
fire or other casualty to the extent that enjoyment of the dwelling unit is substantially impaired, Landlord, in
its sole discretion may elect to repair the Premises or terminate the Lease upon thirty (30) days' written
notice to Tenant. If the Premises are condemned or cannot be repaired, this Lease will terminate upon twenty
(20) days' written notice by either party.