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Alternate Version - Lease Agreement - 2025-12-31 - 440 Louden Ave, Dunedin, FL 34698.pdf

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Florida Residential Lease Agreement THE LEASE IMPOSES IMPORTANT LEGAL OBLIGATIONS. MANY RIGHTS AND RESPONSIBILITIES OF THE PARTIES ARE GOVERNED BY CHAPTER 83, PART II, RESIDENTIAL LANDLORD AND TENANT ACT, FLORIDA STATUTES. A COPY OF THE RESIDENTIAL LANDLORD AND TENANT ACT IS ATTACHED TO THIS LEASE. This Lease Agreement (the "Agreement") is made and entered on January 01, 2025 (the "Effective Date") by and between Crater Lake LFTY0302 DAO LLC (the "Landlord") and the following tenants: Ronald Nic

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Florida
Residential Lease Agreement
THE LEASE IMPOSES IMPORTANT LEGAL OBLIGATIONS. MANY RIGHTS AND
RESPONSIBILITIES OF THE PARTIES ARE GOVERNED BY CHAPTER 83, PART II,
RESIDENTIAL LANDLORD AND TENANT ACT, FLORIDA STATUTES. A COPY OF THE
RESIDENTIAL LANDLORD AND TENANT ACT IS ATTACHED TO THIS LEASE.
This Lease Agreement (the "Agreement") is made and entered on January 01, 2025 (the "Effective
Date") by and between Crater Lake LFTY0302 DAO LLC (the "Landlord") and the following tenants:
Ronald Nicodemus
(the "Tenant")
Subject to the terms and conditions stated below the parties agree as follows:
1. Property. Landlord, in consideration of the lease payments provided in this Lease, leases to Tenant the
following: Garage Unit (the "Property") located at 440 Louden Ave Unit Garage, Dunedin, Florida 34698.
No other portion of the building (hereinafter, the Building), wherein the Property is located is included
unless expressly provided for in this Agreement.
2. Term. This Agreement will begin on January 01, 2025 (the "Start Date") and will terminate on December
31, 2025 (the "Termination Date"), and thereafter will be month-to-month on the same terms and conditions
as stated herein, save any changes made pursuant to law, until terminated.
Tenant will vacate the Property upon termination of the Agreement, unless: (i) Landlord and Tenant have
extended this Agreement in writing or signed a new agreement; (ii) mandated by local rent control law; or
(iii) Landlord accepts Rent from Tenant (other than past due Rent), in which case a month-to-month tenancy
will be created which either party may terminate by Tenant giving Landlord written notice of at least 15 days
prior to the desired termination date, or by Landlord giving Tenant written notice as provided by law. Rent
will be at a rate agreed to by Landlord and Tenant, or as allowed by law. All other terms and conditions of
this Agreement will remain in full force and effect.
3. Management. The Tenant is hereby notified that Alec VanBeek is the property manager of the Property.
Should the Tenant have any issues or concerns, the Tenant may contact Alec VanBeek by one of the
methods below:
Address: 1350 Court Rd 1, Unit 252, Dunedin, Florida 34697
Telephone: 7742788526
Email: alecvanbeek@gmail.com
4. Rent. Tenant will pay to Landlord rent in the amount of $575.00 (the "Rent"), payable in advance on the
first day of each month, and is delinquent on the next day. If that day falls on a weekend or legal holiday, the
rent is due on the next business day. There will be no rent increases through the initial term of the lease.
Landlord may increase the rent that will be paid during any month-to-month renewal period by providing at
least 30 days' written notice to Tenant.
Payments can be made by using one of the following methods of payment:
Acceptable forms of payment:

-

Personal check
Cash
Hemlane

Tenant agrees to submit rent payments by one of the methods above. In the event of roommates, or another
form of joint or multiple occupancy, Tenant will be responsible for collecting payment from all parties and
submitting a single payment to Landlord. Tenant is responsible for any payment made by mail and not
received by the due date stated herein. Mailed payments must be received on or before the due date. If the
first month of the lease is a partial month, rent payments will be pro-rated at the rate of 1/30th of the
monthly rent payment per day. No pro-rated rent shall be accepted at any other time.
5. Security Deposit. At the time of the signing of this Lease, Tenant shall pay to Landlord, in trust, a
security deposit of $575.00 to be held and disbursed for Tenant damages to the Property or other defaults
under this Agreement (if any) as provided by law. The security deposit will be held in the Landlord''s
interest-bearing account at: USAlliance Federal Credit Union, 2759 State Rd 580 #114, Clearwater, Florida
33761.
Interest will be paid on this account as follows: 3.97 percent, Monthly.
In accordance with Florida law (Florida Statute Section 83.49), Landlord is required to include in Tenant's
lease the following provisions regarding return of security deposits. Florida Statute Section 83.49(3):
YOUR LEASE REQUIRES PAYMENT OF CERTAIN DEPOSITS. THE LANDLORD MAY TRANSFER
ADVANCE RENTS TO THE LANDLORD'S ACCOUNT AS THEY ARE DUE AND WITHOUT
NOTICE. WHEN YOU MOVE OUT, YOU MUST GIVE THE LANDLORD YOUR NEW ADDRESS SO
THAT THE LANDLORD CAN SEND YOU NOTICES REGARDING YOUR DEPOSIT. THE
LANDLORD MUST MAIL YOU NOTICE, WITHIN 30 DAYS AFTER YOU MOVE OUT, OF THE
LANDLORD'S INTENT TO IMPOSE A CLAIM AGAINST THE DEPOSIT. IF YOU DO NOT REPLY
TO THE LANDLORD STATING YOUR OBJECTION TO THE CLAIM WITHIN 15 DAYS AFTER
RECEIPT OF THE LANDLORD'S NOTICE, THE LANDLORD WILL COLLECT THE CLAIM AND
MUST MAIL YOU THE REMAINING DEPOSIT, IF ANY.
IF THE LANDLORD FAILS TO TIMELY MAIL YOU NOTICE, THE LANDLORD MUST RETURN
THE DEPOSIT BUT MAY LATER FILE A LAWSUIT AGAINST YOU FOR DAMAGES. IF YOU FAIL
TO TIMELY OBJECT TO A CLAIM, THE LANDLORD MAY COLLECT FROM THE DEPOSIT, BUT
YOU MAY LATER FILE A LAWSUIT CLAIMING A REFUND.
YOU SHOULD ATTEMPT TO INFORMALLY RESOLVE ANY DISPUTE BEFORE FILING A
LAWSUIT. GENERALLY, THE PARTY IN WHOSE FAVOR A JUDGMENT IS RENDERED WILL BE
AWARDED COSTS AND ATTORNEY FEES PAYABLE BY THE LOSING PARTY.
THIS DISCLOSURE IS BASIC. PLEASE REFER TO PART II OF CHAPTER 83, FLORIDA STATUTES,
TO DETERMINE YOUR LEGAL RIGHTS AND OBLIGATIONS.
The landlord or the landlord's agent may disburse advance rents from the deposit account to the landlord's
benefit when the advance rental period commences and without notice to the tenant. For all other
deposits:
(a) Upon the vacating of the Property for termination of the lease, if the landlord does not intend to
impose a claim on the security deposit, the landlord shall have 15 days to return the security deposit
together with interest if otherwise required, or the landlord shall have 30 days to give the tenant written
notice by certified mail to the tenant's last know 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