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Lease Agreement - 799 Stadelman Ave, Akron, OH 44320 - 799 Stadelman Ave, Akron, Ohio 44320.pdf

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DocuSign Envelope ID: AC85A7E2-E633-4345-A7C8-9F822F8A99E9 Tenan Phone Email: This Rental Agreement is made by ReviveCLE, LLC (Landlord), and (Tenant). 1. Rental Unit Descrip1on Landlord leases to Tenant, and Tenant leases from Landlord, N/A Unit___________, located at the following address: 799 Stadelman Ave Akron, OH 44320 ______________________________________________________, (hereina?er, the “Rental Unit”). 2. Use of Rental Unit A. Tenant shall use the Rental Unit only for residenCal purpos

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DocuSign Envelope ID: AC85A7E2-E633-4345-A7C8-9F822F8A99E9

Tenan
Phone
Email:

This Rental Agreement is made by

ReviveCLE, LLC

(Landlord), and

(Tenant).
1. Rental Unit Descrip1on
Landlord leases to Tenant, and Tenant leases from Landlord,
N/A
Unit___________, located at the following address:
799 Stadelman Ave Akron, OH 44320
______________________________________________________,
(hereina?er, the “Rental Unit”).
2. Use of Rental Unit
A. Tenant shall use the Rental Unit only for residenCal purposes.
B. Tenant shall ensure that Tenant is in compliance with all applicable laws, including, but not limited to, all state,
local, municipal and zoning laws, and Chapter 5321 of the Ohio Revised Code.
C. Tenant shall be responsible for the safety of Tenant’s, subtenants, guests, licensees, and invitees.
D. Tenant may permit the following persons, and no others, to reside in the Rental Unit:
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
4 people to reside in the Rental Unit for a period of
Under no circumstances shall Tenant permit more than _____
more than 7 days. The use illegal drugs or substances is strictly prohibited in the or about the grounds of the
Rental Unit, and violaCon of this provision shall be an immediate default of this Rental Agreement.
3. Term of Rental Agreement
A. Term. The term of this Rental Unit shall be for 1 year, commencing on 4/18/22
, and terminaCng at
____________,
both
dates
inclusive,
unless
sooner
terminated
herea?er,
as
provided
in
this Rental Agreement or
4/30/23
by Tenant’s default of any provision contained herein.
B. TerminaCon, Return of Possession and Renewal. Upon the terminaCon of this Rental Agreement or Tenant’s
right of possession, whether by lapse of Cme or otherwise, Tenant shall deliver immediate possession of the
Rental Unit to Landlord and deliver all keys to the Landlord at the Landlord’s principal place of business, or as
Landlord otherwise directs.
Tenant and Landlord agree that both parCes may agree to renew the Lease for a period of one year upon the
same terms and condiCons set forth in the Lease, subject to Landlord’s rent to increase the rent for any renewal
term, upon one party giving wriTen noCficaCon of such intent to renew at least thirty (30) days prior to the
terminaCon of this Lease, and the other party agreeing to renew the Lease within ten (10) days of said
noCficaCon. Notwithstanding the above, both parCes agree that this Rental Agreement shall automaCcally
convert into a month to month tenancy if both parCes fail to give noCce to either renew or terminate this Rental
Agreement.

DocuSign Envelope ID: AC85A7E2-E633-4345-A7C8-9F822F8A99E9

4. Rent
A. Rent: Tenant agrees to pay Landlord, his successors and assigns, at the Landlord’s principal place of business
or such other place as designated by Landlord, in the manner and method required by Landlord, as Rent for the
Rental Unit due and payable in monthly installments of $1,386
hereinafter referred to as the "Rent".
(“Due Date”).
First rent payment may be pro-rated if move-in date is not on the first of the month.
4/18/22
Move-in date:____________
$600.60
Pro-rated rent for first partial month:___________

B. Monthly Rent Due Date: Rent for the Term is due on the first day of the month with no grace period. For
purposes of ​R.C. Sec. 5321.17, the “periodic rental date” shall be the first day of the month.
C. Effect of Late Payment of Rent: For any given month, if Landlord has not received the monthly rent payment
by the fifth day of the month, then Tenant shall pay a late fee of $25.00 (twenty-five dollars) in consideration of
the added administrative costs for Landlord to contact Tenant and make arrangements for payment.
Notwithstanding and in addition to the previous sentence, if rent is not received on the first day of the month,
Tenant shall be deemed to be in default of the terms of this Lease and Landlord may pursue Landlord’s forcible
entry and detainer remedies to evict Tenant or any other remedies available under the laws of Ohio. If Landlord
has not received the monthly rent payment and late fee by the twelfth day of the month, then Tenant shall incur
the cost of eviction paperwork in the amount of $150.00 (one hundred fifty dollars), plus any court costs or other
expenses related thereto. Evictions will be filed on the 12th day of the month.
D. Personal Guaranty: In the event that Tenant is late at any time during the term of this Rental Agreement,
Landlord may require Tenant to obtain a personal guaranty from a person satisfactory to Landlord as
consideration for Tenant’s continued occupancy of the Rental Unit for subsequent months.
E. Accounting for Overdue Rent Payments: If Landlord accepts Tenant’s late payment of Rent (or any part
thereof), which Landlord is not obligated to accept, the late payment shall be applied first to the monthly late
payment fees and then to the monthly rent payment longest overdue. If the payment is less than the full
amount overdue and unpaid, Tenant shall be deemed to remain in default of the Rent payment obligation and
Landlord may pursue Landlord’s forcible entry and detainer remedies to evict Tenant or any other remedies
available under the laws of Ohio.
5. Security Deposit
Tenant agrees to pay Landlord a security deposit of $1,386
in consideration of Landlord agreeing to lease
the Rental Unit to Tenant. Landlord shall be permitted to apply the Security Deposit to any rent that is due and
remains unpaid or to repair damages to the Rental Unit in excess of ordinary wear and tear or to pay the cost of
cleaning the Rental Unit or disposing of personal property left in the Rental Unit. Furthermore, Landlord may
apply the Security Deposit to pay any fines or costs required to be paid by any local, state, or federal
governments as a result of any of Tenant’s conduct. If, after the above deductions, if any of the Security Deposit
remains, Landlord shall refund it to Tenant no later than the thirty days after the Expiration date, provided that
Tenant provide Landlord with a valid forwarding address. Landlord and Tenant agree to comply with the Terms
of R.C. Sec. 5321.16 related to procedures for security deposits. Last month's rent of $1,386 is also due prior to move in.
6. Return Of Rental Unit