2555 Pontiac St, Denver, CO 80207

This 3 bed/1 ba home (1,031 sq ft) is pet-friendly with a big yard (lot size 6,100 sq ft) and is close to green spaces, public transit, super markets, local dining and shopping. Recent upgrades include new floors in the laundry room and 3rd bedroom, a new stove, new dishwasher, and 2 new mini-splits. The neighborhood is close to schools, parks, recreation centers, and libraries making it a great fit for families. Proximity to: -Fred Thomas Park -East 29th Ave Town Center -Central Park RTD transit center -Sam Gary Branch Library -Various grocery stores and shopping centers -City Park -Central Park -Anschutz Children's Hospital -Denver Zoo -Downtown Denver -DIA (30 min away traffic pending) THIS AGREEMENT entered into this [Insert date] between [Insert names] "Owner", and [Insert names]"Resident(s)." IN CONSIDERATION OF THEIR MUTUAL PROMISES AGREE AS FOLLOWS: 1. Owner rents to the Resident(s) and Resident(s) rents from the Owner for residential use only, the premises known as: 2555 Pontiac St, Denver, CO 80207. 2. TERMS: - Fixed Term Year Lease: The term hereof shall commence on [Insert Date] and continue through [Insert Date]. Any outstanding balance will carry forward to the next lease period if there is a lease renewal with an amount due. - Fixed Term Lease converting to Month to Month Rental Agreement: The term hereof shall commence on [Insert Date] and continue through [Insert Date]. Thirty (30) days prior to the ending date of this lease, it shall convert to a month to month agreement which can be terminated by either party serving a written 30 day notice of termination of tenancy (a full 30 days from receipt of notice by either party). - Month to Month Rental Agreement: The term hereof shall commence on [Insert Date] and continue through [Insert Date]. Thirty (30) days prior to the ending date of this lease, it shall convert to a month to month agreement which can be terminated by either party serving a written 30 day notice of termination of tenancy (a full 30 days from receipt of notice by either party). Month to Month Rental Agreement is only available under special circumstances approved by Owner or after a one year Fixed Term Lease. 3. MULTIPLE OCCUPANCY: It is expressly understood that this agreement is between the Owner and each signatory, jointly and severally. In the event of default by any one signatory, each and every remaining signatory shall be responsible for timely payment of all rent and all other provisions of this agreement. (This means that each Resident and/or cosigner/guarantor is responsible for the total amount of rent, damages, or other obligations if other Resident(s) default.) The premises shall be used as a residence with no more than three persons, (including minors not named on this agreement), and for no other purpose. Occupancy by guests staying over 10 days in any 45 day period will be considered to be in violation of this provision (this is a cumulative number per guest). Rent may be based on the number of occupants in the house and goes up incrementally by the number of persons. If you are on a fixed term lease and the rent increases due to additional Residents, it will remain at the higher level for the remainder of your lease, even if someone vacates the home. Owner has the right to increase the rental rate to market rate and back charge from the beginning of the current fixed term lease period should Owner determine that there are more residents in the home than listed on this agreement. Should a resident move in or out, please notify Owner within 5 business days. 4. RENT: Rent shall be $2,300 per month, payable in advance on the first day of each calendar month to Owners by Direct Deposit or Zelle. If rent is not paid by 5:00 p.m. within five days of the due date, Resident agrees to pay a late charge of $25.00, plus an additional $5.00 per day until paid. Resident acknowledges, understands, and agrees that late fees shall be deemed additional rent and shall be deducted first from the next rent payment received. Monies received from Residents shall first be applied to unpaid Security Deposit, second to Late Fees, third to other charges, and fourth to rent. In the event that holding over of the home occurs (Resident possession of the home after the term expires of a fixed-term lease, or the expiration of a 30-day notice to vacate), rent will be based on the maximum allowed by law. Payment shall be made by Direct Deposit or Zelle only. No cash, personal checks, or money orders will be accepted. 5. DEPOSIT: Residents shall deposit with Owner, as a security deposit, the sum of $ $1,700. Owner may withhold from the security deposit such amounts as are necessary less normal wear and tear to remedy any damage or other costs which are the responsibility of Resident(s) as allowed by law. No later than three weeks (21 Calendar days) after the Resident(s) has vacated the premises, the Owner shall furnish the Resident(s) an itemized written statement of the basis for, and the amount of, any security received and the disposition of such security deposits, except for roommate changes and/or lease renewals. Owner shall return any remaining portion of such security to Resident(s) unless the lease has not run to term and the house is not rented. Resident(s) shall not have the right to apply the Security Deposit in payment of the last month's rent. No trust relationship between Owner and Resident(s) is created on account of said deposit and Owner may co-mingle said deposit with other funds of Owner. NOTE: Security Deposit Refund Checks are issued with all legal Residents named unless prior written arrangements are made. 6. PETS: Domestic pets are allowed, except cats. Please be a responsible pet owner and pick up after your pet. A pet deposit of $250 is required. 7. ASSIGNMENT AND SUBLETTING: Resident(s) shall not personally assign this agreement or sublet any portion of the premises without prior written consent of the owner. ALL assignments and subleases MUST be PERSONALLY processed through the Owner's prior to occupancy by the new Resident(s). Residents shall be jointly and severally liable for any charges due Owner from the home; this includes Resident(s) who remain in the home, as well as, those who vacate, unless the vacating Resident(s) has been released in writing by Owner. Residents understand they are taking responsibility for a current outstanding balance if applicable from existing or previous resident. 8. SEVERABILITY: If any provisions of this agreement or attachment shall be declared by a court of competent jurisdiction to be invalid, void, or unenforceable, the remaining provisions shall continue in full force and effect. 9. NOTICES: Please let Owner know with a 30 day written notice if you will be planning to move or to sign a renewed lease. The undersigned Residents hereby agree to this rental agreement, all attachments, and acknowledge receipt of copies hereof all above noted agreements. 10. DEFAULT: Any failure by Resident(s) to pay rent when due, or perform any terms hereof, shall at the option of the Owner, terminate all rights of Resident(s) hereunder. In the event of a default by Resident(s), Owner may elect to: a.) Continue the Lease in effect and enforce all rights and remedies hereunder, including the right to recover the rent as it becomes due, and/or b.) At any time, terminate all of Resident's rights hereunder and recover from Resident(s) all damage that incurred by reason of the breach of the Lease, including the worth at the time of such termination, or at the time of an award if suit be instituted to enforce this provision, of the amount by which the unpaid rent for the balance of the term exceeds the amount of such rental loss which the Resident(s) proves could be reasonably avoided. Should Resident(s) breach this Lease, the Community Policies or any other agreement with the owner, any Civil or Criminal Code, or Owner or Owner's Agent request to vacate the premises, the Resident(s) will be responsible for the rent for the duration of this Lease or until the apartment is released, whichever is the shorter period of time. "As required by law, you are hereby notified that a negative credit report reflecting on your credit report may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligation." 11. LEASE RENEWAL: It is the responsibility of all current Residents to notify the Owner in writing of the status of Residents listed on the existing Lease and the effective dates of any future changes. Otherwise, all Residents listed on the existing Lease shall be responsible for the entire existing lease term. When a Lease renewal occurs, Owner shall not refund any security deposit to existing Residents upon lease renewal. It shall be the responsibility of the incoming Resident(s) or those Residents remaining in the unit to resolve any refund of the security deposit with the exiting Resident(s). The new Resident(s) must sign the Lease before their occupancy occurs. Owner or Owner's agent shall have the right to void any Lease renewal at the beginning of the new Lease Period if Resident(s) has damaged prior house, has outstanding rent, violated the Lease, Community Policies, or any other agreement with the owner, or any government code or law. 12. MAINTENANCE, REPAIRS, OR ALTERATIONS: No drilling, screwing, bolting, etc. to stucco, concrete, brick, or to the roof or any other exterior surface is allowed for ANY reason without written approval. Please use command strips and hooks to hang artwork or decorations. No posts or structures are allowed in the common areas without written management approval. Resident(s) are responsible for all yard maintenance such as mowing, watering, weeding, and cleaning up after pet. No parking is permitted on the lawn. There are two designated spaces in the driveway for parking. Resident(s) are also responsible for snow removal on sidewalk as required by the city. Any violation of this policy is subject to a 3 day notice to quit. Resident(s) acknowledges that the premises are in good order and repair unless otherwise indicated on the move-in sheets. Resident(s) shall at their own expense, and at all times, maintain the premises in a clean and sanitary manner including all equipment, appliances, furniture and furnishings therein and shall surrender the same, at termination hereof, in as good condition as when received, normal wear and tear excepted. Resident(s) shall be responsible for all repairs required for damages caused by Resident's(s) intentional or negligent conduct, including, but not necessarily limited to, damages from parties, water, pets or Resident's(s) family, invitees, or guests. In the event the Resident(s) requires Owner's assistance with regard to maintenance or repair within premises, Owner may treat such invitation as an implied waiver of any other notice requirements pertaining to Owner's entry into premises. Resident(s) shall not paint, wallpaper or otherwise redecorate or make alterations to the premises without prior written consent of the owner. 13. SMOKE DETECTORS: The premises are equipped with a smoke detector device. Resident(s) acknowledge that the smoke detector was tested and its operation explained by Management in the presence of the Resident(s) at the time of initial occupancy and the detector in the unit was operating properly at the time. Resident(s) shall test the operation of the detector at least once a week and if any defect is found, Resident(s) shall immediately inform the Owner in writing of said defect. If the smoke detector is battery operated, Resident(s) shall be responsible for replacing the battery as needed and shall not leave the battery out of the detector. If smoke detector is disconnected or missing, there will be a $35.00 reconnection charge. 14. ORDINANCES AND STATUTES: Resident(s) shall comply with all statutes, ordinances and requirements of all Municipal, State and Federal authorities now in force, or which may hereafter be in force, pertaining to the use of the premises. 15. ENTRY & INSPECTION: Resident(s) shall permit Owner or Owner's agents to enter the premises at reasonable times and upon reasonable notice for the purpose of inspecting the premises, verifying the # of residents, or showing the same to prospective Residents or purchasers, or for making repairs. Entry can be without notice in case of an emergency. 16. WAIVER: No failure of Owner to enforce any term hereof shall be deemed a waiver, nor shall any acceptance of a partial payment of rent be deemed a waiver of Owner's right to the full amount thereof. 17. INDEMNIFICATION: Owner shall not be liable for any damages or injuries to Resident(s), to any person, or to any property, occurring on the premises, in the common areas, or any part thereof, not the fault of Owner, and Resident(s) agrees to hold Owner harmless from any claims for damages not the fault of Owner. Resident's personal property is NOT insured by Owner. The Resident(s) agrees to pay, indemnify, and hold owner harmless from and against any and all loss, costs, damages, or expenses, including without limitation, attorney's fees, costs, and expenses incurred by owner arising out of any damages to the premises resulting from Resident's(s) intentional or negligent conduct, including, but not necessarily limited to, damages from parties, water, pets, or Resident's(s) family, invitees, or guests. 18. LEGAL FEES: In the event that Owner shall prevail in any legal action, mediation, or arbitration, brought by either party to enforce the terms hereof or relating to the demised premises, Owner shall be entitled to recover all costs incurred in connection with such action, including reasonable attorney's fee. 19. POSSESSION: If Owner is unable to deliver possession of the premises at the commencement hereof, Owner shall not be liable for any damage caused thereby, nor shall this agreement be void or voidable, but Resident(s) shall not be liable for any rent until possession is delivered. Resident(s) may terminate this agreement if possession is not delivered within ten (10) days of the commencement of the term. 20. UTILITIES: Resident(s) shall be responsible for the payment of gas and electric and Owner(s) shall be responsible for the payment of water and sewer, stormwater, and solid waste. 21. MOLD: Resident(s) shall maintain the house so that mold does not accumulate any normal or usual source of moisture which includes, but is not limited to: bathrooms, kitchen areas, windows and window sills. Resident(s) is responsible to immediately notify Owner/manager in writing of any mold in or about the home. Owner/Manager shall investigate and treat affected area(s) in a timely manner. 22. LIABILITY: Resident(s) assume full responsibility for any and all damages caused by Resident(s) personal property whether resident was negligent or not (i.e., pets, water, aquariums, etc.), to either Owners property, neighboring Resident's property and/or their own property. Resident (Please Print): ______________________ Date: Resident (Signature): ________________________ Date: Resident (Please Print): ______________________ Date: Resident (Signature): ________________________ Date: Owner/Manager (Please Print): ______________________ Date: Owner/Manager (Signature): ________________________ Date: Owner/Manager (Please Print): ______________________ Date: Owner/Manager (Signature): ________________________ Date: