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RESIDENTIAL LEASE: Agreement to lease residential property
AGREEMENT TO LEASE
This agreement is entered into, effective as of _________[date], between _________,
of _________[address], _________[city], _________ County, _________[state],
referred to as "prospective lessor," and _________, of _________[address],
_________[city], _________ County, _________[state], referred to as "prospective
lessee."
RECITALS
A. Prospective lessor is the owner of real property that will shortly be available for
lease.
B. Prospective lessee desires to lease residential property for _________[his or her]
personal use.
C. The parties desire to establish an agreement to ensure a future lease of the
residential property described in this agreement.
In consideration of the matters described above, and of the mutual benefits and
obligations set forth in this agreement, the parties agree as follows:
SECTION ONE
SUBJECT OF LEASE
Prospective lessor shall enter into a written lease agreement with prospective lessee on
or before _________[date], by which prospective lessor shall lease to prospective lessee
the residential property owned by prospective lessor located at _________[address],
_________[city], _________ County, _________[state], for prospective lessee and
_________[his or her] family to occupy and use as their residence.
SECTION TWO
TERM OF LEASE
The premises shall be leased to prospective lessee for a period of _________[number]
years from _________[date]. Prospective lessee shall have the option to renew the lease
for _________[number] additional periods of equal duration, on giving
_________[number] days' written notice to prospective lessor of _________[his or her]
intent to exercise that option at least _________[number] days prior to the expiration of
the lease. Any additional extensions of the initial lease agreement or any new lease
agreement shall be at the option of prospective lessor.