Basement for rent 1. Lease Term: Lease duration is 1year. The lease will commence on [Start Date] and will end on [End Date], with the option to renew upon mutual agreement. total rent $1400 with utility 2. Monthly Rent: The monthly rent will be $1400 payable on the first day of each month. A grace period of [14] days will be allowed for late payments. Late payments fee is 35$ It will be returned upon surrender of the house in a clean and undamaged condition subject to ordinary wear and tear. Any use of the security deposit to reimburse owner for unusual cleaning cost or repairs will be itemized by owner upon return of the security deposit. 4. No pets Allowed. 5.Keys need to return to owner after termination. 6. 30 days notice requried before termination. 5.utility included.
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