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Lease Agreement - 2025-06-04 - 326-332 S Alcott St, Denver, CO 80219.pdf

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1 Lease Agreement DEFINITIONS: Wherever in this Lease the term “Landlord” is used, it shall be construed to also mean The Manager/Owner/Agent, as may be indicated by the specific context. Wherever in this Lease the term “Tenant” or “Tenants” is used, it shall also include any family, visiting friends, dependents, guests, employees, or other invitees, as may be indicated by the specific context. NAMES: This Lease is entered into between (Tenant(s)) and Pelican LFTY0316 DAO LLC, (Landlord) on 06/0

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Lease Agreement
DEFINITIONS: Wherever in this Lease the term “Landlord” is used, it shall be construed to also mean
The Manager/Owner/Agent, as may be indicated by the specific context. Wherever in this Lease the term
“Tenant” or “Tenants” is used, it shall also include any family, visiting friends, dependents, guests,
employees, or other invitees, as may be indicated by the specific context.
NAMES: This Lease is entered into between
(Tenant(s)) and
Pelican LFTY0316 DAO LLC, (Landlord) on 06/06/2025. Each Tenant is jointly and severally liable for
the payment of rent and performance of all other terms of this Lease. Occupancy of the Premises shall be
limited to the following individuals (children and adults) and any children born of Tenants listed on this
Lease:

ADDRESS: Subject to the terms and conditions in this Lease, Landlord rents to Tenant, and Tenant rents
from Landlord, for residential purposes only, the premises located at: 328 S Alcott St. Denver, CO 80219
(Herein after referred to as the Premises).
CONTACT INFO:
Property Manager: Earl V. Co
Landlord’s Current Phone Number: (720) 593-9693
Email: 326.332salcott@gmail.com
Address for Notice: 500 Westover Dr. #33191, Sanford, NC 27330
Tenant’s Current Phone Number:
Email:
Tenant shall notify Landlord of any change to her/his telephone number immediately upon obtaining one,
if there is a change.
TERM: Tenant shall lease the Premises for the calendar period beginning June 12th, 2025 and ending
June 30th, 2026. In the event that Landlord or Tenant does not elect to modify or terminate this Lease at
the ending date therein (with 30-day advanced written notice), then the term of this Lease shall
automatically be continued on a month-to-month basis.
RENT: The following terms apply to the rent payment for this Lease.
a. AMOUNT: The rent for the Premises will be $1,450.00 per month.
b. OTHER RENT DUE: Additionally, Tenant will pay parking or other monthly fees, if any, of $0
to cover n/a.
c. RECEIPT OF MONEY PAID: Tenant has paid $750.00 for security deposit and has paid $
for
fee(s); Tenant has also paid $870.00 in for June 2025 prorated rent, receipt
hereby acknowledged. Landlord initials: _____
d. NEXT PAYMENT: The next payment is due on 07/01/2025 in the amount of $1,450.00.
SECURITY DEPOSIT: Contemporaneously with the execution of this Lease, Tenant shall deposit with
Landlord a security deposit in the amount of $750.00 as security for the return of the Premises at the
expiration of the term of this Lease in as good condition as when Tenant took possession of the Premises,
normal wear and tear excepted, as well as the faithful, timely and complete performance of all other terms,
conditions and covenants of the Lease. Provided that Tenant has paid all amounts due and has otherwise
performed all obligations hereunder, the security deposit will be returned to Tenant within the lesser of (i)
thirty (30) days after the expiration of the term of this Lease or (ii) the maximum time period allowed b

Tenant’s Initials:
Doc ID: a82820e791a3b9aa44958ce61742c93128de63bc

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applicable laws, further provided that Landlord may deduct from the Security Deposit prior to returning it
any amounts owed by Tenant to Landlord. The Security Deposit will be held in an escrow savings
account at Thread Bank, 210 E Main St, Rogersville, TN 37857. Except to the extent otherwise required
by applicable laws, Landlord may, at its discretion, commingle the security deposit with its other funds.
FURNISHINGS AND APPLIANCES: The following appliances are supplied with the Premises: (X)
Refrigerator, (X) Oven/Stove, (_) Dishwasher, (X) Other: fully furnished including TVs, microwave,
coffee maker, and other small kitchen appliances. Tenant agrees to keep all appliances clean and in good
repair will not remove them from the Premises.
The following furnishings are supplied with the Premises: fully-furnished including couches, beds, dining
table, chairs, coffee table, desks, nightstands, lamps, kitchen utensils, cutlery, plates, bowls, glasses,
various décor, etc. If any furnishings break or are damaged, they are Tenant’s responsibility. Maintenance
of the furnishings is Tenant’s sole responsibility, and Tenant will keep all such furnishings in good repair.
Tenant’s use of such furnishings shall be “AS-IS”, and Landlord has not made, does not make and hereby
disclaims any representations or warranties (including, without limitation, any warranty of merchantability
or fitness for a particular purpose) as to the existence of or physical condition or the suitability or
usefulness of the furnishings for Tenant’s use.
PREMISES USE: The Premises is to be used only as a residence by the Tenants who have signed this
Lease. NO OTHER PERSONS MAY LIVE AT THE PREMISES WITHOUT THE LANDLORD’S
PRIOR WRITTEN PERMISSION, which may be given or withheld in Landlord’s sole and absolute
discretion. Guests may only stay for up to one week (7 days) and must abide by all applicable terms and
conditions of this Lease, including any rules and regulations applicable to the Premises. Tenant shall not
use the Premises, nor any neighboring premises, for any illegal purpose, or for any other purpose than that
of a residence. Tenant agrees to comply with and abide by all federal, state, county and municipal laws and
ordinances in connection with Tenant’s occupancy and use of the Premises. No alcoholic beverages shall
be possessed or consumed by Tenant, or Tenant’s family, visiting friends, dependents, guests, licensees or
invitees, unless the person possessing or consuming alcohol is of legal age. No illegal drugs or controlled
substances (unless specifically prescribed by a physician for a specific person residing or present on the
Premises) are permitted on the Premises. Tenant agrees to refrain from using the Premises in any way that
may result in an increase of the rate or cost of insurance on the Premises. No hazardous or dangerous
activities are permitted on the Premises. Absolutely no excessive drinking, illegal drug use, public
disturbances, physical abuse, verbal abuse, threats, or unauthorized pets, firearms, or smoking is permitted
on Premises. Such violations of the foregoing paragraph shall constitute a material breach and may result
in eviction proceedings pursuant to applicable law.
SUBLETTING: Tenant may not sublease the Premises or any portion thereof nor assign this Lease without
the prior written consent of Landlord, which may be given or withheld in Landlord’s sole discretion.
PEST CONTROL: Tenant must keep the Premises free of all pests, including without limitation, rodents,
fleas, ants, cockroaches, gnats, flies, and beetles. Tenant shall inform Landlord at first sighting of any pests
in order to avoid any infestation of pests. In signing this Lease, Tenant has first inspected the Premises and
certifies that it has not observed any pests in the Premises.
DEFAULT: Should Tenant default under any of the terms and conditions of this Lease, Landlord shall
have any and all remedies available to Landlord under this Lease, at law or in equity, including, without
limitation, (1) the right to re-enter and repossess the Premises pursuant to applicable laws, (2) the right to
recover all present and future unpaid rent, damages, costs, and attorneys’ fees, and (3) the right to recover
all expenses of Landlord incurred in re-entering, re-renting, cleaning and repairing the Premises. Interest
will begin accruing at 18% per year on any amount due and owing to Landlord from the time that any such
amount first became due and payable. Tenant understands that violations of this Lease, i

Tenant’s Initials:
Doc ID: a82820e791a3b9aa44958ce61742c93128de63bc