RIVERSTONE CONDOMINIUM 3220 Arlington Avenue

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1 5683 Riverdale Avenue, Suite 203 Riverdale, NY Office: (718) Fax: (718) RIVERSTONE CONDOMINIUM 3220 Arlington Avenue LEASE APPLICATION The following items must be included when submitting the lease application. Executed Lease The lease must be executed by both parties, Owner and Tenant. Please note the lease terms are on a year to year basis. Rider to Lease (Enclosed Form) must be executed by both parties, Owner and Tenant. Unit Owner s Power of Attorney: (Enclosed Form) must be executed by the Owner. Move in/out deposit: Owner & Tenant must submit a refundable move in/out deposit in the amount of $1, This must be a certified bank check or money order made payable to: Riverstone Condominium. This fee is refundable after the completion of the move and the Super verifies there were no damages. These documents should be sent to: Goodman Management Co. Inc., 5683 Riverdale Avenue, Suite 203 Riverdale NY Attn: Journee Meighan

2 RIVERSTONE CONDOMINIUM RIDER TO LEASE DATE: LANDLORD: TENANT: 1. RIDER CONTROLS If any provision of this Rider shall be in conflict with any printed provision of this Lease, the provision of the Rider shall control. 2. MARGIN HEADINGS The margin headings are intent only for the convenience in finding the subject matter and do not constitute part of the text of this lease. 3. TENANTS COMPLIANCE WITH CONDOMINIUM DOCUMENTS a. Tenant acknowledges that the unit is a part of the Riverstone Condominium (the Condominium ) and that the Landlord is bound by the Condominium By-Laws (the By-Laws ) and the rules and regulations (including the condominium s right of first refusal of this lease). Tenant agrees that the terms of the By-Laws and the said rules and regulations as between Landlord and the Condominium shall also applicable to them to the extent that they shall not act (or fail to act) in any way that would constitute a violation of the Landlords obligation b. Tenant shall not do, nor permit or suffer to be done, any act of thing which would result in any obligations, violations, default or liability of Landlord under the documents referred to in subdivision (a). c. Any act, omission of conduct of Tenant, or Tenant s family members, agents, invitees or contractors which constitutes or results in a violation, default or liability by Landlord under any of the documents in subdivision (a) shall likewise be considered a default under this Lease, for which Landlord shall be entitled to exercise any and all rights and remedies available either at law or in equity. d. Tenant agrees that obligations (other than payment of Common Charges and special assessment) to be performed by Landlord shall be entitled to exercise any and all rights and remedies available either at law or in equity. 4. RULES AND REGULATIONS OF THE CONDOMINIUM Tenant acknowledge the receipt of THE Condominium House Rules (hereinafter, the House Rules ) which are attached to this Lease. Tenant acknowledges and represents that he has reviewed the House Rules and that he understands that these rules are incorporated into this Lease. 5. TERMINATION OF LEASE BY CONDOMINIUM Landlord and Tenant acknowledge and agree that in the event of a default by Tenant in the performance of the terms of this Lease, the Condominium shall have the power to terminate and void this Lease and/or bring summary proceedings to evict Tenant in

3 the name of the Landlord. Landlord and Tenant further acknowledge and agree that the Condominium shall have the authority to bring in action to evict Tenant, in the name of the Landlord or in its own name in the event that the Condominium forecloses on the apartment pursuant to Section 339-z of the Real Property Law. 6. PAYMENT OF RENT TO BOARD OF MANAGERS Landlord and Tenant acknowledge that this lease is subject to Section 339-kk of the Real Property Law of the State of New York and as such if the landlord fails to make payments due for common charges, assessments or late fees for this unit within sixty (60) days of the expiration of any grace period after the due, and upon notice by regular mail to Landlord and Tenant by the Board of Managers, the Board of Managers shall direct all rental payments from the tenant to be paid directly to the Condominium until balances are made current. The Tenant hereby agrees to pay the rent to the Board of Managers upon receipt of the aforesaid demand until the Board of Managers notifies the Tenant that Tenant may resume paying the rent to the Landlord. 7. AUTHORIZED OCCUPANTS The Tenant(s) named herein agree and represent that other than themselves no other persons shall occupy the unit: LIST TENANTS 8. NOSUBSTITUTION OF OCCUPANTS There shall be no addition or substitution of persons authorized to occupy the unit as specifically set forth herein in paragraph 7 of this Rider, without the Tenant first obtaining prior written authorization for such addition or substitution from Landlord expect as provided by New York State or New York City Statue. 9. SURVIVAL CLAUSE If and to the extent that any provision of this Lease shall be deemed unlawful or contrary to public policy, the same shall not be deemed to invalidate or otherwise affect the other provisions thereof. 10. UNIT IS NOT COVERED TO BE RENT STABLIZATION Tenant acknowledges and represents that his tenancy is not governed by the Rent Stabilization Law of 1969, subsequent amendments to the same, the Rent Stabilization Code for Rent Stabilized Apartment in New York City adopted by The New York State Division of Housing and Community Renewal, the promulgated hereunder and Tenant shall not have any of the rights granted to Tenants under those Laws, Codes and Regulations, including (without limitation) restrictions on the amount of rent and rent increases, the right to renew the Lease and the right to continue to occupancy after expiration of the Lease. Tenant expressly understands and agrees that upon expiration or sooner termination of this Lease in accordance required to vacate the Unit and remove all of Tenant s furniture, furnishings and personal belongings.

4 11. NO PETS Tenant may not maintain, harbor, or keep any pet(s) in the apartment unless Tenant shall have first obtained the written permission of the Landlord and the Condominium. 12. WAIVER OF COUNTERCLAIMS In the event that any action is commenced against Tenant to recover possession of the apartment, Tenant waivers all counterclaims, to the fullest extent permitted by law. 13. REIMBURSEMENT OF LEGAL FEES In the event that any action is commenced against Tenant as regards to the Tenants failure to perform any obligation under the Lease, Tenant shall be liable to Landlord (and/or to the Condominium, if the action is brought by the Condominium on behalf of the Landlord s (or the Condominium s as the case maybe) costs associates therewith, including but not limited to, reasonable counsel fee. 14. NO ALTERATIONS Tenant understands and agrees that no structural changes, alterations, or additions to the apartment may be made without the written consent of the Landlord and the Condominium in each instance. 15. NO FURTHER ASSIGNMENT OR SUBLEASE Tenant understands and agrees that Tenant may not assign this lease or sublet any portion of the unit without written consent of Landlord and the Condominium in each instance. 16. NO AMENDMENT, MODIFICATION OR EXTENSION This lease may not be modified, amended, extended or assigned with the prior written consent of the Condominium in each instance. Landlord Tenant Date Landlord Tenant Date

5 August 2011 NOTICE TO ALL UNIT OWNERS RIVERSTONE CONDOMINIUM Re: Moving In and Out Procedures 3220 Arlington Avenue, Riverdale, New York All residents moving in or out of 3220 Arlington Avenue, Riverdale, N.Y must notify the Managing Agent at least seven days in advance of the scheduled move. In addition, the Superintendent must be contacted at least 48 hours before the move. Failure to do so, for example may result in the elevator not being made available to the Owner, Resident or moving company. At the time of the move, the Owner, Resident, or moving company will be given instructions on the proper operation of the elevator. Moving in or out will not be permitted to start until 9:00 A.M. and must be completed by 5:00 P.M., Monday through Friday excluding Holidays. Moving in or out will not be permitted through the lobby. All move-ins or outs must be completed through the Service Entrance located on Netherland Avenue (must see doorman first). When moving, the Owner, or Resident will be held responsible for any damage done to the building, including, but not limited to, the elevator, common areas, and his or her apartment. An inspection of all areas involved will be made by a representative both before and after the move. Any Owner or Resident moving in or out will be required to make a refundable $1, move-in and $1, move-out deposit to the Managing Agent at least (7) seven days prior to the move. For information concerning the deposit in effect on a particular date, please contact the Managing Agent. This should be in the form of a certified check, official bank check, or money order and should be payable to the Riverstone Condominium. The total amount will be refundable at the completion of the move, provided that there has been no damage to the building or extra expense incurred. In the event of any damages or additional expenses arising from the move, the deposit will be applied against these expenses and the Owner will be billed for any amount in excess of the deposit. If the cost of repairing any damages is less than the move-out or move-in deposit, the balance will be refunded to the Owner after the completion of repairs. Riverstone Condominium. reserves the right to seek damages and reimbursement for additional cost relating to the move from a Owner regardless of whether the cost resulted from the actions of the Owner or his/her employees. Sincerely yours, GOODMAN MANAGEMENT CO., INC. A/A/F Riverstone Condominium cc: Closing Department/Sales & Sublet Dept Superintendent Concierge

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