LEASE CONTRACT. PROPERTY TO LEASE OR LET: EKATERINI I, 48 Kyriacou Matsi Avenue, Nicosia, 2409, Cyprus.

Transcription

1 LEASE CONTRACT OWNER: TENANT: FLAT TENANT (ID ) PROPERTY TO LEASE OR LET: EKATERINI I, 48 Kyriacou Matsi Avenue, Nicosia, 2409, Cyprus. RENT FOR ONE YEAR:., Monthly for the duration of the term. TERM: For the period of till It is agreed by the two parties that in the case that the Tenant wishes to extend his/her tenancy beyond the agreed one year (12 months) then the rent will be increased at the rate of 4% at the beginning of every year starting at the end of this contract ( ). As far as the contribution towards the common expenses for the maintenance and well keeping of the common space and utilities for the first year is agreed at EUR.. per month payable at the end of each month. In case the contract is extended for a longer period then this cost will be adjusted accordingly. CONDITIONS: 1. The above premises will only be used as a residence by. and his/her family. No other tenant/s is/are allowed to share the flat given that this is not agreed by the tenant and the Landlord in writing. 2. The tenant has no right to sub-let or rent to another tenant or allow the use of the premises to a third party, wholly or partly, unless he has secured in advance the written approval of the owner. 3. The tenant is obliged to use the above premises in such a way to avoid annoying the adjoining neighbours. 4. If the tenant fails to pay the rent of one month, of any month or part of the month with an extension of 10 days or if he breaks any condition or conditions of this lease contract the owner has the right to end this contract and take possession of the above premises. In such case the owner has the right to rent the premises to a third party and demand the payment of the difference in rent if such a difference occurs for the remainder of the rent time.

2 5. The Tenant hereby agrees and accepts that in case of any late payment of any rent or part thereof or of any other expenses (i.e. utility bills, common expenses, etc.) payable by the Tenant to the Owner and/or invoiced by the Owner to the Tenant, the Tenant shall be charged with a late payment charge of for every month he/she delays to settle any payment and/or invoice, without prejudice to any other rights of the Owner. Late payment is considered any payment made after the tenth day (10 th ) that any amount is due by the Tenant to the Landlord, 6. The tenant has no right to make any alteration or addition or repair without the prior written consent of the owner. Any addition, alteration or repair thus made will be made at the expense of the tenant and the premises will remain property of the owner without any obligation on his part to compensate the tenant. The tenant will be obliged to remove any such alteration, addition or repair and to bring back the premises to their previous condition if the owner decided thus on the day the premises are handed over to him. The owner agrees to repair the building, equipment and apartment fixtures and furnishings to fully working order and reasonable state unless the fault is a result of the Tenant. In the case where the fault is due to the Tenant [save any reasonable wear and tear] the Tenant is responsible for the repair and the cost for the repair can be deducted at the discretion of the owner from the initial deposit paid by the tenant. 7. The tenant has no right to maintain domesticated animals or other animals on the premises without the written consent of the owner. 8. The owner has the right to enter the premises to inspect them and to make the necessary recommendations having given in anticipation notice to the tenant about such a visit. 9. Both contracting parties have the right one month before the end of the contract Year (where contract year means the period for which the contract is valid) to give notice to the other party by registered letter that it does not wish the continuation of the present lease and in such a case the premises are surrendered on the conclusion of the contract Year. 10. In such a case as on termination of the contract the owner has the right to put on the door of the premises the sign TO LET and the tenant is obliged to allow the visit of any perspective tenant accompanied by the owner. 11. It is expressly agreed that in case the tenant refuses or neglects to surrender on termination of the contract the above premises he will be considered as illegally occupying or illegally intervening in the above property of the owner. 12. The tenant has on termination or end of the lease to surrender to the owner the above premises as described above on the good condition he rented them, with the exception of reasonable natural waste and use, destruction or damage caused by fire or force major, rebellion, disturbance, enemy actions and natural cause.

3 13. The owner has today handed the tenant the keys which he is liable to return on termination of the lease. 14. The tenant is obliged to pay for the electricity consumed, the water supply, telephone consumed by the Tenant, the common expenses, garbage collection and any other services offered to him/her by the Owner. In case the Owner pays for the above expenses then the tenants have to pay the money to the Owner. 15. If the tenant abandons the leased real estate before the termination of his contract he is obliged to pay for the agreed rent until a new tenant is found, as well as the commission of the agency which will find the new tenant. 16. If the "Tenant" consists of more than one person the singular will be translated as plural. 17. Both Parties acknowledge, understand and accept that management and day to day running of the property will be carried out on behalf of the Owner by Aristidou Property Management department which is fully authorized to represent the owner in all respects. 18. Appendix I consists part of this contract. WITNESSES THE CONTRACTING PARTIES FLAT TENANT Done in Nicosia on

4 APPENDIX I The tenant with the signature of the present contract today on recognises and accepts that he/she/they received in good and operational condition the following and at the same time he is obliged to hand them over in good and operational condition at the end or termination of this contract. If he fails to meet this condition then by signing this appendix he accepts the deduction of part or all of the deposit handed over to the owner at the signature of this contract. 1. One (1) Fridge. 2. One (1) Microwave. 3. One (1) Oven. 4. One (1) Stove. 5. One (1) Kitchen Fan Extractor. 6. One (1) Air-conditioning split units (warm-cool) with one remote control unit for each one in every room including living room. 7. One (1) set of leather couches consisting of a 2-seats one and a 3-seats one. 8. One (1) Centre coffee table. 9. One (1) TV stand. 10. One (1) TV set. 11. Roller Blinds on each aluminium door and window apart from the one in the toilet. 12. One (1) Bed with its mattress and one (1) bed-side table in each room (where we have double bed there are two night tables). 13. Walls, doors and windows with their accessories (locks, keys, cards, door stoppers). 14. One (1) dustbins in every toilet and one under the bench in the kitchen. 15. All the necessary toilet room accessories (towel hangers, toilet paper holder etc.). The tenant is obliged not to place/fix anything on the walls of the flat before he gets the approval of the owner. Regarding the mag-stripe card(s) used for the main doors of the building the entrance door of his/her flat he/she should make sure that they are kept safe. In case a mag-stripe card is lost, stolen of misplaced then the owner should be notifies as soon as possible. In case a mag-stripe card is destroyed, lost or misplaced by the tenant then it can be replaced by the owner at the cost of EUR 25 ( 25) for each card. Also in case the tenant misplaces his/her key card and asks the Landlord to let him/her in either by the Landlord going in person or arranging the opening of the door in another way the Tenant will be charged EUR 25 ( 25). In the case though that the card is in good physical condition and the reason for not working is that it has be demagnetised then it will be replaced at no cost by the owner. In case the mailbox key is lost or misplaced or destroyed then the tenants will be charged with EUR 25 ( 25). The Owner... The Tenant/s... FLAT TENANT

5 RECEIPT The tenant/s has/ve today , paid the sum of (TWICE THE RENTAL AMOUNT) at the presence of the Landlord. This amount will be returned to the tenant without any interest at the termination of the Lease Contract given that all the terms in Appendix I apply and given that he did not leave the premises in less than 12 months. In case the tenant leaves before the 12 months then one rent ( MONTHLY RENT ) is withheld as compensation for early termination of the contract. At surrender the tenant will have to vacate the property and comply with all the terms of the Lease Contract. In no circumstance this amount will be considered as a rental amount (deposit). The amount of (ONE MONTH RENT) that is the rent for the month starting on will be paid within the next 10 days....