Lease Terms Lease term is 12 months unless otherwise agreed in writing. Rent is due on the 1st of each month. Late Payment: If rent is not received within 5 days, a late fee of $200 will be applied. This fee represents a reasonable estimate of administrative costs associated with late payment. Move-In Costs: First month's rent and a security deposit of $2500 are due at signing. Security deposit will be returned in accordance with California law, minus any damages beyond normal wear and tear. Utilities: Tenant is responsible for all utilities unless otherwise specified: Owner covers water. Early Termination: If Tenant terminates the lease early, Tenant agrees to pay an early termination fee of $4,000, or remain responsible for rent until a new tenant is secured, whichever occurs first. Landlord will make reasonable efforts to re-rent the unit. Pet Policy: Pets are allowed with a monthly pet rent of $50. Tenant is fully responsible for any pet-related damages. Renters Insurance: Tenant is required to maintain renters insurance throughout the lease term and provide proof prior to move-in. Property Condition: Tenant agrees to maintain the property in clean and good condition. Any damages caused by tenant or guests will be the tenant's responsibility. Use of Property: No smoking allowed inside the property. No subleasing or short-term rentals (e.g., Airbnb). Entry: Owner may enter the property with proper notice (typically 24 hours) for repairs, inspections, or showings, in accordance with California law. Default: Failure to pay rent or violation of lease terms may result in legal action in accordance with California law.
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