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House Rental Contract

This document is a house rental contract between an owner and resident. It specifies that the resident will rent a property located at a given address from January 28, 2022 to January 28, 2023, paying a monthly rent of a certain amount in advance by the 28th of each month. It outlines penalties for late or non-payment of rent, and requires a security deposit to be paid in advance. It also specifies that initial payment and deposit must be made in cash, with subsequent monthly payments by post-dated check.

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Hermoine Granger
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69 views1 page

House Rental Contract

This document is a house rental contract between an owner and resident. It specifies that the resident will rent a property located at a given address from January 28, 2022 to January 28, 2023, paying a monthly rent of a certain amount in advance by the 28th of each month. It outlines penalties for late or non-payment of rent, and requires a security deposit to be paid in advance. It also specifies that initial payment and deposit must be made in cash, with subsequent monthly payments by post-dated check.

Uploaded by

Hermoine Granger
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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House Rental Contract

KNOWN ALL MEN BY THESE PRESENTS: 

This House Rental Contract, made and entered into this 28th day of January 2022 at Sitio, Hawaii, Dagupan West by and
between: 

___________________________________________, of legal age, with residence and postal address at


___________________________________________, And herein referred to as the Owner(s),

---  And  ---

___________________________________________, of legal age, with residence and postal address at


___________________________________________, And herein referred to as the Resident(s),

WITNESSETH:

In consideration of the agreements of the Resident(s), known as______________________________, the Owner(s),


known as: _____________________________________________ hereby rent their the dwelling/house located at
____________________________________________________for the period commencing on the 28th day of January,
2022, and monthly thereafter until the 28th day of January, 2023, at which time this Agreement is terminated. 

Resident(s), in consideration of Owner(s) permitting them to occupy the above property, hereby agrees to the following
terms:

1. RENT: To pay as rental the sum of _________________________________________ per month, due and payable in
advance from the 28th day of every month. 

2. FAILURE TO PAY ON TIME: Failure to pay the rent will result in being served a Notice to End Residential
Tenancy.  This Notice may be served if the Resident(s) has an outstanding balance from failure to pay the rent. This
Notice may also be served from being habitually late in paying the rent regardless of the balance owed. Once the Notice to
End Residential Tenancy is received, the Resident(s) will have a prescribed time to pay all of the amount overdue on the
rent.  

A three-day grace period will be allowed for late payment . However, failure to pay the monthly rental within the grace
period is subject to FIVE (5%) PERCENT interest per month of delay as penalty. Habitual failure of the Resident(s) to
pay within the prescribed time shall result in the Owner(s) taking immediate legal action to evict the Resident(s) from the
premises and seize the security deposit.

3. SECURITY  DEPOSIT:  Resident(s)   agrees   to   pay  a   deposit  in   the   amount   of 


________________________________________________to secure Resident(s)’s pledge of full compliance with the
terms of this agreement. Note: THE DEPOSIT MAY NOT BE USED BY TENANT TO PAY THE RENT DURING THE
TENANCY. The security deposit will be used at the end of the tenancy to compensate the Owner(s) for any damages or
unpaid rent or charges, and will be repaired or replaced at Resident(s)’s expense with funds other than the deposit.

4. METHOD OF PAYMENT: The initial advance payment of rent and deposit under this contract   be   PAID IN CASH
at   least   7 days   before   the   date   of   moving-in.   Thereafter, monthly rent payments must be paid by POST DATED
CHECKS payable to ___________________________________until a first check is dishonored and returned unpaid.
Regardless of cause, no other additional payments may afterwards be made by check. Checks returned will not be
redeposited. The Resident(s) will be notified by a 3 day notice, and will be required to pay the amount due in cash. 

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