Weekly Rental Agreement
This Weekly Rental Agreement (hereinafter referred to as the "Agreement") is entered into and effective as of _________ [date] by and between _____________ [Landlord's Full Name] (hereinafter referred to as the "Landlord"), whose address is _____________ [Landlord's Address], and _____________ [Tenant's Full Name] (hereinafter referred to as the "Tenant"), whose address is _____________ [Tenant's Address].
WHEREAS, the Landlord desires to lease to the Tenant, and the Tenant desires to lease from the Landlord, certain premises for residential purposes, pursuant to the terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
1. Premises
The Landlord agrees to lease to the Tenant, and the Tenant agrees to lease from the Landlord, the premises located at _______________ [Premises Address] (hereinafter referred to as the "Premises").
2. Term
The term of this Agreement shall commence on ___________ [Start Date] and shall continue on a week-to-week basis unless terminated by either party giving the other ____ [Notice Period] days' written notice of intention to terminate.
3. Rent
The Tenant agrees to pay the Landlord a weekly rent of $________ [Rent Amount] per week, payable in advance on the first day of each week, beginning ___________ [First Payment Date].
4. Security Deposit
The Tenant shall pay the Landlord a security deposit of $________ [Security Deposit Amount] prior to occupancy as security for the performance of the Tenant's obligations under this Agreement. The Landlord shall return the security deposit to the Tenant within ____ [State-Specific Number] days after the termination of this Agreement, less any amounts necessary to cover damages caused by the Tenant beyond normal wear and tear.
5. Use of Premises
The Premises shall be used exclusively for residential purposes by the Tenant and shall not accommodate more than ____ [Maximum Occupancy] people.
6. Maintenance and Repairs
The Tenant agrees to keep the Premises in a clean, sanitary, and good condition and repair. The Landlord is responsible for repairs to the structural elements of the Premises and major appliances provided by the Landlord, unless the need for such repair arises from the misuse or negligence of the Tenant.
7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of __________ [State Name], without giving effect to any principles of conflicts of law.
8. Entire Agreement
This Agreement constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, between the parties.
9. Amendment
Any amendment to this Agreement must be in writing and signed by both parties.
10. Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Weekly Rental Agreement as of the date first above written.
_________________________
Landlord's Signature
_________________________
Tenant's Signature