Discover Contemporary Coastal Elegance in Southern California's Luxury Destination "Tesoro" Newport Coast, Orange County. Our GATED, NEWLY REMODELED "Tesoro" Collection Residence is FULLY FURNISHED with Panoramic Ocean, Catalina, City Light, Hillside, & Sunset Views! The home features 5BD (one main level) 3BA 3-CAR ATTACHED Garage, Driveway, plus a Private Backyard, and approx. 2,784 Sq. Ft. of decadent indulgence! The completely renovated home offers uncommon experiences at every turn including Premium Malaysian Hardwood Flooring, Custom Paint, LED Recessed Lighting, White Cabinetry, High Ceilings, Elegant Staircase, & Custom Fitted Plantation Shutters + Window Shades! REMODELED gourmet kitchen with Quartz Countertops & FULL Backsplash, Complete with All Appliances (including Built-In Refrigerator)! World-Class Amenities exclusive to Newport Coast Residents Gated Entrance, Vista Ridge View Park, Coastal Canyon Park Amenities + Community Center, Outdoor BBQ, Newport Ridge Tennis Courts, and Hiking/Biking Trails! Newport Mesa Unified School District and minutes from Newport Coast Elementary, Sage Hill High School, Newport Coast Shopping Center, Pelican Hill Resort & Golf Course, Dining Destinations at Crystal Cove, Beachcombers, Fashion Island, Laguna Beach, & Corona Del Mar! Lease Term: The duration of the lease is negotiable. This flexibility allows you to discuss and agree upon a lease period that suits both you and the landlord, whether it's a fixed-term lease (e.g., one year) or a month-to-month arrangement. Ensure that the agreed-upon term is clearly stated in the lease agreement. Utilities Responsibility: As the tenant, you are responsible for all utilities, including gas, trash, electricity, cable, and water. It's important to budget for these expenses in addition to your rent. Clarify with the landlord about the process for setting up and transferring utility accounts to your name. No Smoking Policy: Smoking is strictly prohibited within the premises. This policy helps maintain a clean and healthy environment for all occupants and reduces the risk of fire hazards. Violating this rule may result in penalties or even termination of the lease. Maintenance and Repairs: While landlords are generally responsible for maintaining the property and ensuring it meets health and safety standards, tenants are expected to keep the property clean and promptly report any issues. Understanding your responsibilities can prevent disputes and maintain a positive tenant-landlord relationship. Security Deposit: Typically, a security deposit is required to cover potential damages beyond normal wear and tear. Ensure you understand the amount, the conditions for its return, and any deductions that may be made. Familiarize yourself with local laws regarding the maximum allowable security deposit and the timeframe for its return after the lease ends. Rent Payment Details: Clearly understand the rent amount, due date, acceptable payment methods, and any late fees that may apply. Consistent and timely payments are crucial to maintaining good standing in your lease agreement. Discuss with your landlord the preferred payment method and any grace periods for late payments. Termination and Renewal Policies: Be aware of the notice period required if you or the landlord decide to terminate or renew the lease. This information helps you plan accordingly and avoid unexpected situations. For instance, in California, landlords must typically provide 30 days' notice for month-to-month leases but may require longer notice periods for fixed-term leases. Understanding these aspects of your lease agreement will help ensure a smooth and hassle-free tenancy. If you have any questions or need clarification, don't hesitate to discuss them with your landlord before signing the lease.
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