Lease Agreement
 

Lease Agreement






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Welcome to a lease agreement  formrental agreement which covers all of the important issues in clear, concise language that all parties can understand.

Please read our terms and conditions before downloading this form.

  • name of parties involved for the lease agreement 
  • address and description of the property
  • rental / lease period 
  • rental / lease amount
  • conditions that must be met before the offer can take effect, such as:
    • deposit
    • inspecting the property
    • lessee's obligations
  • other conditions of the agreement, such as:
    • exterior maintenance
    • insurance
    • vacation of premises
    • court proceedings
    • damage to lessee's property
    • lessor's liability
    • costs

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MEMORANDUM OF AGREEMENT OF LEASE (SAMPLE)

Made and entered into by and between

LESSOR:

FULL NAME: Full names of natural person, Company,CC or Trust
NUMBER: ID Number if natural person, else registration number
ADDRESS: A physical address, not a PO Box
TEL NUMBER:  
FAX NUMBER:  
('the LESSOR')  

LESSEE:

FULL NAME: Full names of natural person, Company,CC or Trust
NUMBER: ID Number if natural person, else registration number
ADDRESS: A physical address, not a PO Box
TEL NUMBER:  
TEL NUMBER:  
('the LESSEE')  

1. LEASE

The LESSOR hereby lets to the LESSEE, who hereby hires certain residential premises situate at

street address of premises

(hereinafter referred to as "the Premises").

2. PERIOD

The Lease shall be for an initial period of 12 (Twelve) months commencing on the day day of month year, and terminating at midnight on day day of month year, unless terminated sooner as hereinafter set forth.

3. RENTAL

3.1 The rental made payable by the LESSEE to the LESSOR shall be the sum of R amount in figures (amount in words Rand) per month.
3.2 The rental shall be payable monthly in advance without deduction or set off for any cause whatsoever, on or before the first day of each and every calendar month, with effect from the commencement date.
3.3 All rentals shall be paid into such banking account or alternatively at such physical street address as the LESSOR may from time to time, in writing, appoint, on not less than 7 (seven) days notice to the LESSEE.

4. DEPOSIT

4.1 As security for fulfilment of all of his obligations in terms of this Lease, the LESSEE shall pay a deposit to the LESSOR, prior to or simultaneously with signature hereof, of R amount in figures (amount in words Rand), which amount shall be held by the LESSOR, subject to the provisions of this clause.
4.2 The LESSOR shall be entitled to deduct from the deposit any amounts payable by the LESSEE in terms of this Lease which remain unpaid after due date. In the event of such deduction during the period of the Lease the LESSEE shall, upon the LESSOR’S request, forthwith reinstate the deposit to its full amount as herein before specified.
4.3 Upon the termination of the Lease for whatever reason, the LESSOR shall refund to the LESSEE, with interest, the deposit, or any balance thereof having regard to any deductions made or which the LESSOR may be entitled to make in terms of this clause.
4.4 The LESSOR shall be entitled to set off against payment in terms of 4.3 above any liquidated amounts due in respect of rental or otherwise and/or any claims for damages or any other illiquid amount against the LESSEE.

5. INSPECTION

5.1 The LESSOR and LESSEE jointly inspected the premises before the LESSEE moved in and in Annexure A hereto registered the defects in and damage to the premises. Except for what is stated in Annexure A, is hereby recorded that at the time of commencement of the lease the premises were in a good state of repair and condition, suitable for the purpose for which they were let, and that all keys, locks, glass windows, electrical installations, sanitary ware, sewage pipes, stoves, water taps, geysers and other items including all the movable goods specified in the inventory attached hereto are likewise in good order and condition.
5.2 Within three days before the lease expires, the LESSOR and LESSEE must jointly inspect the premises at a mutually convenient time to determine if there are any defects in or damage to the premises, other than those referred to in Annexure A. Such inspection will not exempt the LESSEE from liability for damages to or defects in the premises, concealed or hidden from the LESSOR during the inspection, or arising between the date of the inspection and the date when the LESSEE has vacated the premises. The understanding is that on termination of the lease the LESSEE must restore the premises to the LESSOR in the same condition as they were at commencement of the lease, fair wear and tear excluded.

6. THE LESSEE'S OBLIGATIONS

The LESSEE for himself and his permitted assigns covenants with the LESSOR as follows:

6.1 To pay for the water and electricity connection and to pay, on due date, the charges levied by any competent authority for water, electricity and gas and for such sanitary, sewerage and all refuse removal services as may not be included in the annual rates and taxes levied on the leased premises, and any other tenants’ consumption charges.
6.2 At his own cost, to maintain and keep in repair the interior of the leased premises and to keep properly painted all interior surfaces where paintwork is required and to further maintain in good order and repair the electrical, drainage, sanitary works, machinery, plant, if any and any installations in the leased premises, fair wear and tear excepted. If he shall fail to do so, the LESSOR may affect such repairs or maintenance as may become necessary, and shall be entitled to recover the cost thereof from the LESSEE.
6.3 To keep and maintain all windows and mirrors in the leased premises in good order and condition and to replace at his cost any damaged or broken glass, howsoever that damage or breakage be caused.
6.4 Not to drive nails or other objects into the walls or woodwork or ceilings of the leased premises, nor do anything which may be calculated to damage the walls or woodwork or ceilings or any portion of the leased premises.
6.5 To use the leased premises solely for residential purposes, unless the LESSOR grants prior written consent for an alternative use (which consent shall not be unreasonably withheld).
6.6 Not to sub-let the leased premises or any part thereof nor to assign this lease nor to cede all or any of his rights herein, nor to permit any other person to occupy the leased premises or any portion thereof nor to part with possession of the same without the prior written consent of the LESSOR.
6.7 To allow the LESSOR or its agents reasonable access to the leased premises for the purpose of inspecting and repairing the same.
6.8 Not to alter, interfere with or overload the electrical or other lighting or heating installations in the leased premises and to replace, at her own cost, all keys, locks, fluorescent or incandescent light bulbs and switches and bulbs and sockets used or contained in the leased premises.
6.9 To allow the LESSOR to display a "To Let" notice during the 3 (three) months immediately preceding the expiration of this lease and a "For Sale" notice at any time during the period of this lease and to show prospective LESSEE or buyers the interior of the leased premises at all reasonable times.
6.10 Not to allow or permit disorderly conduct or noise in the leased premises so as to constitute a nuisance to the occupiers of neighbouring or adjoining flats or properties.
6.11 Not to allow the leased premises to stand vacant for any period exceeding one (1) month during the term of this agreement.
6.12 To notify the LESSOR in writing within seven (7) days of the date of the commencement of the lease of any defects in the leased premises, including the locks, windows, or any fixtures, fittings and installations and if the LESSEE does not timeously do so, he shall be deemed to have accepted the same in good order and condition. At the expiration or sooner termination of this Lease, the LESSEE undertakes to deliver up the premises to the LESSOR in the same good condition and repair, and unless otherwise stated in this lease, reasonable wear and tear only excepted.
6.13 Not to install any fixtures or fittings in the leased premises without the written consent of the LESSOR, which consent shall not be unreasonably withheld. It shall be at the option of the LESSEE to remove any authorized fixtures and fittings, provided that any fixtures and fittings not yet removed shall become the property of the LESSOR without obligation to compensate the LESSEE in respect thereof. The LESSEE shall be obliged to make good any damage or blemishes occasioned to the leased premises on removal by the LESSEE of any fixtures and fittings.
6.14 Not to make any structural alterations or additions to the leased premises without the prior written consent of the LESSOR.
6.15 To take care to avoid any blockage in any gutter or downpipe or any sewerage or water pipes or drains connected with the leased premises, and to cause to be removed at his own cost any obstruction or blockage which occurs in such gutters, downpipes, pipes or drains on the leased premises whether internal or external and, where necessary, cause to be repaired any such sewer, pipe or drain.
6.16 In the event of there being a telephone upon the property, to pay on due date all charges of whatsoever nature or kind levied by the telephony service provider in respect thereof.

Etc,etc..............

This is only a sample of the form you can download!!


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