Your Business Pak/BusinessPak2.iso/Pca/_SETUP.1/6500.BLD

Text File | 1997-07-22 | 8KB | 287 lines

#6500
@001 Enter the name of the OWNER:
~Enter the name of the owner of the property. This should match
~the name on the deed.
@002 Enter the name of the TENANT:
~Enter the name of the tenant.
@100 Enter a description of the property which is rented:
~Enter a description of the property. This
@101 Enter beginning date of the rental:
~Enter the date when the rental will begin. This may be in any
~convenient format.
@102 Enter the date of the rental's termination:
~Enter the date when the rental will end. This may be in any
~convenient format.
!103 Enter (in numerals) the total rental:
~Enter the total rental for the entire rental as a numeral. Do
~not use the "$" symbol or commas. For example: 3000.00.
!104 Enter (in numerals) the periodic rental to be paid:
~Enter the amount of periodic rent to be paid. This should equal
~the total rental divided by the number of times the rental is
~due during the lease.
@105/@105/@105 The rental is to be paid:
~Select when the rental is due. All periods are in advance.
week
month
KEY IN VALUE
!195 Enter the amount of security deposit (In numerals):
~Enter the amount of the security deposit, in numerals without
~using the "$" symbol or commas. For example: 200.00.
@106 Enter the state in which the rental is located:
~Enter the state where the rental property is located.
@700 Enter the use of the premises:
~Enter the use of the premises. For example: residential, retail.
!099 Enter in numerals the ceiling for TENANT repairs:
~Enter the maximum amount of money which the tenant will be
~required to make on repairs.
#6501 Will the OWNER pay for or provide any utility service?
~Select yes if the owner provides any utilities for the rental
~price.
#if#6501
@108 Enter utilities to be paid by OWNER:
~Enter specifically the utilities included with the premises.
#endif
#6502
#6503 Is furniture rented?
~Select YES if the property includes furniture.  If so, you
~will be asked to list the items.
#if#6503
@090 List the furnishings:
~List all furnishings included in the lease.
#endif
#6504 Are pets prohibited or OWNER consent required for pets?
~Select YES if pets are prohibited without express written
~permission of the owner.
#6505 Will TENANT have an option to renew?
~Select YES if the tenant will be given an option to renew the
~lease.  If YES, you will be asked the number of days' notice
~to renew, the number of months the option is for, the total
~rental for the renewal, and the frequency and amount of
~rental installments.
#if#6505
@400 Enter number of days prior to renewal for notice:
~Enter how many days' notice before the end of this lease
~the tenant must notify the owner of intent to renew.
@401 Enter number of months for renewal:
~Enter the number of months of the renewal. (A year is 12
~months).
!402 Enter the total rental for renewal:
~Enter the total rent due over the renewal period.
!403 Enter the periodic rental rate:
~Enter the dollar amount of the regular rent check.
@404/@404/@404 The rental is to be paid every:
~Select the intervals at which installments are due.
week
month
KEY IN VALUE
#endif
#6506
!703 Enter (in numerals) purchase price of the property
~Enter the amount the owner and tenant have agreed on
~for tenant's purchase of the rental property.
@604 Enter the date when the option expires
~Enter the date by which the tenant must exercise the option
~to purchase.
#6507
#end control section
#6500


LEASE WITH OPTION TO PURCHASE



@001, referred to as OWNER, and @002, referred to as TENANT,
agree:



TENANT leases from OWNER the following described property:



@100



beginning on @101 and ending on @102, for a total rental of $ @103
(!103 dollars) to be paid as follows $ @104 (!104 dollars) per
@105, in advance, and without demand, and, if taxes are imposed on
the rental these sums shall be paid as additional rental.



TENANT has deposited with OWNER the sum of $ @195 (!195 dollars)
as a security deposit. OWNER shall dispose of the security deposit
in conformity with the laws of @106.




TENANT shall follow published rules and regulations concerning
parking, noise, and use of facilities.



TENANT may not sub-let the premises without the prior written
approval of the OWNER.


OWNER shall have the right to enter the rented premises for the
purpose of inspection and repairs.


TENANT shall maintain the sidewalks and other out door areas in
conformity with all applicable rules and regulations. TENANT shall
perform regular maintenance and cleaning of heating/cooling
appliances, at TENANT's expense. All repairs of appliances and
the structure shall be the responsibility of the tenant, except
that repairs costing in excess of $ @099, and not occasioned by
the negligence of the TENANT or its family and visitors shall be
the responsibility of the OWNER.





The premises shall be solely occupied as a @700. TENANT shall
make no alterations to any buildings or structures on the lease
premises without the prior written consent of the OWNER. At the
termination of the lease, the structures and alterations shall
become the sole property of the OWNER.




In the final 45 days of the lease, the OWNER shall be entitled
to show the premises to rental applicants.



At the conclusion of the lease, the TENANT shall quit the premises
and deliver them to the OWNER in as good condition as they were at
the commencement of the lease, ordinary wear and tear excepted.


This lease shall be subordinate to any mortgages upon the real
property, and tenant agrees to execute such estoppel letters,
subordination agreements and other materials required by the
OWNER.



#6501



The following utilities shall be paid for and provided by OWNER.
TENANT shall follow all reasonable regulations concerning the
same:


@108


All other utilities shall be paid for by TENANT.


#6502


In the event that the leased premises are condemned by lawful
authority, or, destroyed by reasons other than the negligence of
the tenant, the lease shall terminate at the time of condemnation
or destruction. Any prepaid rent shall be refunded.


In the event that the property is partially destroyed or partially
condemned for reasons other than the negligence of the TENANT, the
rental shall, at the option of the OWNER, cease, or shall
proportionally abate. Should there be any unearned prepaid rent,
it shall be refunded. Upon restoration of the premises, the full
rent shall apply thereafter.


#6503



TENANT rents from OWNER the following described furnishings:


@090


TENANT has had an opportunity to examine the same and accepts them
in good condition. At the conclusion of the lease, the TENANT will
return the items to the OWNER, in good condition, ordinary wear
and tear excepted.




#6504


No pets shall be permitted on the premises without the prior
written approval of the OWNER. OWNER may condition such permission
on payment of an additional pet deposit.



#6505


The TENANT shall have the option, @400 days prior to the
expiration of the lease to renew for a period of @401 months, at a
total rental of $ @402 (!402 dollars) payable at the rate of $
@403 (!403 dollars) per @404.



#6506



LANDLORD grants to TENANT the exclusive right to an option to
purchase the property herein for a gross sales price of $ @703
(!703 dollars) beginning with the term of this lease and expiring
on @604, or, if the lease is earlier terminated, at that time.
Until the written exercise of the option, the relationship
between the parties shall be solely that of landlord and tenant.

#6507


This contract represents the entire agreement between the
parties, and the same may only be changed in writing. In the
event that the OWNER takes legal action to enforce the agreement,
the TENANT shall pay all costs of enforcement including
reasonable attorney's fees.




Dated: _____________________








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@001







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@002