NOTICE: MICHIGAN LAW ESTABLISHES RIGHTS AND OBLIGATIONS FOR PARTIES TO RENTAL AGREEMENTS. THIS AGREEMENT IS REQUIRED TO COMPLY WITH THE TRUTH IN RENTING ACT. IF YOU HAVE A QUESTION ABOUT THE INTERPRETATION OR LEGALITY OF A PROVIONS OF THIS AGREEMENT, YOU MAY WANT TO SEEK ASSISTANCE FROM A LAWYER OR OTHER QUALIFIED PERSON.
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This Lease, executed this _______ day of ________, ____, between Lexington Farms. (The Landlord) and _____________________________ (the Tenant,
Landlord, in consideration of the rents to be paid and the covenants to be performed by Tenant hereby leases to Tenant, and Tenant hereby leases from Landlord the following premises, a house located in the City of ____________________, _______________, County, Michigan, commonly described as _________________________ being described as follows:
A House, upon the following terms and conditions:
1. TERM. The term of this Lease shall begin on _______________, and continue for a period of ______ ending on __________________.
2. USE. The premises shall be used and occupied for residential purposes only, and Tenant shall comply with all ordinances and statutes or government regulations regarding the use of premises now in effect or enacted after the date of this Lease. The premises shall be used as a residence with no more than ______ adults, and ______ children. Occupancy by a guest staying over night three or more days will be considered a violation of this provision, unless prior, written consent from the Landlord.
3. RENT: The rent for the term hereof shall be installments of _________________________________ ($___________) Dollars payable in equal monthly installments of _____________________________ ($____________) Dollars each. Rent shall be payable in advance; the rent of the first month of the term hereof being due on the date of the execution hereof. If the term hereof starts on any day other than the first day of a calendar month,...