Stonington Harbor Condo is a bright and airy studio third floor space with panoramic views of Stonington Harbor and some of the islands beyond. The condo is conveniently located within the hustle and bustle of town, but elevated high above Main Street to allow for optimal views and privacy. Housed within a historic 1880s structure, the third floor space was transformed just four years ago into a beautiful contemporary residence. 2-bedrooms and 2-bath condo is enhanced with modern artwork, and comfortable and stylish furnishings in the large open floor plan, with hardwood floors throughout. The designer kitchen, open to the dining area and living space is well equipped, and enhanced by granite countertops and a large island with swivel stools for casual dining. Stonington Harbor Condo has two bedrooms. The first bedroom is a queen suite with a private bathroom, which includes a glass enclosed granite shower and full tub. The second bedroom is also queen sized with access to the bathroom from both the second bedroom and the main hall. A washer and dryer are conveniently located within this bathroom that boasts an adjustable skylight. Stonington Harbor Condo is being advertised as a 30 Day remote work rental. The third floor deck with views of the harbor and Main Street below is a perfect perch to enjoy the incredible sunsets. Comfortable chairs and a market umbrella make this space a dream for lunching al fresco or relaxing as the sun goes down with a glass of your favorite wine. Stonington Harbor Condo also has private off-road parking for guests, to make coming and going a breeze. Other amenities include high end appliances and fixtures, wireless internet, as well as plush bedding and linens. Stonington Harbor Condo is a perfect village retreat. Enjoy living in the heart of town just steps from great restaurants and shops, exceptional art galleries, a public library, and the historic Stonington Opera House. Book your vacation in this lovely in-town condo today. Residential Tenancy Agreement This LEASE dated this **rd day of (MNONTH) 20** BETWEEN: (OWNER) AND THE ISLAND AGENCY PO Box 543 Stonington, ME. 04681 -AND- (TENANT) *MAILING ADDRESS Deer Isle, ME 04627 IN CONSIDERATION OF the Landlord leasing certain premises to the Tenant, the Tenant leasing those premises from the Landlord and mutual benefits and obligations set forth in this Lease, the receipt and sufficiency of which the consideration is hereby acknowledged, the parties to this lease as follows: Leased Premises The landlord agrees to rent to the Tenant, the property municipally described as a single-family residential home located at: (PROPERTY ADDRESS) for use as residential premises only. Subject to the provisions of this lease, apart from the Tenant, no other persons will live in the Premises without the prior written permission of the Landlord. Occupancy not to exceed TWO (2) persons. No guests of the Tenants may occupy the Premises for longer than one week without the prior written consent of the landlord. No pets or animals are allowed to be kept in or about the premises without prior written consent of the landlord. Tenants have agreed to clean up pet debris from property and keep current on flea and tick treatments. Subject to the provisions of this Lease, the Tenant is entitled to the use the allotted parking spots on or about the Premises. Only properly insured motor vehicles may be parked in the Tenant's space. Tenant agrees to use and maintain in reasonable condition the premises and understands that it is a non-smoking house. Tenant will not smoke or allow any other persons to smoke inside of the home. Term The term of the Lease is for NUMBER OF MONTH (#) months to commence at 4:00PM on (BEGINNING DATE) and end on (END DATE). The tenant will pay a prorated first month's rent in the amount of (Amount of rent) and a security deposit in the amount of (TOTAL DEPOSIT) . Total due at lease signing is (TOTAL DUE). Rent will be due on (DATE OF NEXT PAYMENT). In the event that the tenant defaults on the terms of this lease, by failure to pay or vacating the premises prior to the rental term, the landlord and his/her agent shall have cause to collect damages equal to rent due in the rental term, plus any legal fees associated with collection of said rent. Rent Subject to the provisions of this Lease, the rent for the Premises is (MONTHLY RENTAL AMOUNT) per month. The Tenant will pay the rent on or before the first day of each and every month of the term of this Lease to the landlord at The Island Agency, PO Box 543, Stonington ME. 04681, or at our office location, 26 Main Street, Stonington, ME. 04681. The Tenant will be charged a 4% late fee for any rents received after the 14th day of the month. The Tenant will be charged $35.00 for all returned checks. Security Deposits The Tenant will pay the Property Manager a security in the amount of (TOTAL OF DEPOSIT) The Property Manager will return the security deposit at the end of this tenancy, less the deductions as provided in this Lease but no deduction will be made for damage due to reasonable wear and tear, as determined by manager and landlords. During the Term of this Lease or after its termination, the Landlord may charge the Tenant or make deductions from the Security Deposit for any or all of the following: Repair of walls due to plugs, large nails including the repainting or repairing, of such damaged walls. Repainting required repairing the results of any other improper use or excessive damage by the Tenant. Unplugging toilets, sinks and drains Replacing damaged or missing doors, windows, screens, mirrors or light fixtures. Repairing cuts, burns or water damage to linoleum, rugs and other areas. Any other repairs or cleaning due to any damages beyond normal wear and tear caused or permitted by the Tenant or by any person whom the Tenant is responsible for, including tenant's employee, family, agent or visitors. The cost of extermination where the Tenant or the Tenants guest have brought or allowed insects into the Premises or building. Repairs and replacement required where windows are left open which have caused plumbing to freeze, or rain or water damage to floors or walls. Any other purpose allowed under this Lease. For the purpose of this clause, the Landlord may charge the Tenant for professional cleaning and repairs if the Tenant has not made alternate arrangements with the Landlord. The Tenant may not use the Security Deposit as payment for the Rent. After the termination of this tenancy, the manager will deliver or mail the Security Deposit minus any proper deductions or with further demand for payment to: TENANTS MAILING ADDRESS) or at such other place as the Tenant may advise. Quiet Enjoyment The Landlord covenants that on paying the Rent and performing the covenants contained in this Lease, the Tenant will peacefully and quietly have, hold and enjoy the Premises for the agreed term. Inspections: At all reasonable times during the term of this Lease and any renewal of this Lease, the Landlord and its agent may enter the Premises for reasons which include making inspections or repairs. 24 hour notice shall be given to tenants prior to entering the premises. Tenant Improvements: The Tenants will obtain written permission from the Landlord before doing any of the following: Applying adhesive materials, or inserting nails or hooks in walls or ceiling other than two small picture hooks per wall. Painting, wallpapering, redecorating or in any way significantly altering the appearance of the Premises. Removing or adding walls, or performing structural alterations. Installing a waterbed. Changing the amount of heat or power normally used on the Premises as well as installing additional electrical wiring or heating units. Placing or exposing, or allowing to be placed or exposed; anywhere inside or outside the Premises any placard, notice or sign for advertising or any other purpose. Affixing to or erecting upon or near the Premises any radio or TV antenna or tower. Utilities and Other Charges The Tenant is responsible for the payment of the following utilities and other charges in relation to the Premises beginning (LEASE START DATE): Oil, Electricity, Cable, Trash Removal, Snow Removal, Telephone and Internet services. The oil barrel is (PERCENT OF TANK) at the beginning of the tenancy. The Tenant is expected to leave the oil barrel in the same condition at the end of the tenancy. IF the oil barrel is not full then fund from the security deposit will be used to replace whats been used. If the home that you are leasing is on public water and sewer then you will be responsible for fees for excessive use. The minimum usage fee is included in the rental amount. The tenant will be expected to pay any fees and/or penalties for Excessive Use of either of the systems. Insurance: The Tenant is hereby advised and understands that the personal property of the Tenant is not insured by the Landlord for either damage or loss, and the Landlord assumes no liability for any such loss. The Tenant is advised that, if insurance coverage is desired by the Tenant, the Tenant should inquire of Tenant's insurance agent regarding a renter's policy of insurance. The Tenant is not responsible for insuring the Landlord's contents and furnishings in or about the Premises for either damage or loss, and the Tenant assumes no liability for any such loss. Abandonment If at any time during the term of this Lease, the Tenant abandons the Premises or any part of the Premises, the Landlord may, at its option, enter the Premises by any means without being liable for any prosecution for such entering, and without becoming liable to the Tenant for damages or for any payment of any kind whatever, and may, at the Landlord's discretion, as agent for the Tenant, rent the premises, or any part of the Premises, for the whole or any part of the then unexpired term, and may receive and collect all the rent payable by virtue of such renting, and, at the Landlord's option, hold the Tenant liable for any difference between the Rent that would have been payable under this Lease during the balance of the unexpired term, if this Lease had continued in force, and the net rent for such period realized by the Landlord by means of the renting. If the Landlord's right of re-entry is exercised following abandonment of the premises by the Tenant then the Landlord may consider any personal property belonging to the Tenant and left on the premises to also have been abandoned, in which case the Landlord may dispose of all such personal property in any manner the Landlord will deem proper and is relieved of all liability for doing so. Attorney Fees In the event that any action is filed in relation to this lease, the unsuccessful party in the action will pay to the successful party, in addition to all sums that either party may be called on to pay, a reasonable sum for the successful party's attorney fees. Governing Law It is the intention of the parties to this Lease that the tenancy created by this Lease and the performance under this Lease, and all suits and special proceedings under this Lease, be construed in accordance with the governed, to the exclusion of the law of any other forum, by the laws of the State of Maine, without regard to the jurisdiction in which any action or special proceedings may be instituted. Severability In the event that any of the provisions of this Lease will be held to be invalid or unenforceable in whole or in part, those provisions to the extent enforceable and all other provisions will nevertheless continue to be valid and enforceable as though invalid or unenforceable parts had not been included in this Lease and the remaining provisions had been executed by both parties subsequent to the expungement of the invalid provision. Amendment of Lease Any amendment or modification of this Lease or additional obligation assumed by either party in connection with this Lease will only be binding if evidenced in writing signed by each party or an authorized representative of each party. Assignment and Subletting The tenant will not assign this Lease, or sublet or grant any concession or license to use the Premises or any part of the Premises. An assignment, subletting, concession, or license, whether operation of law or otherwise, will be void and will, at Landlord's option, terminate this Lease. Damage to Premises If the Premises, or any part of the Premises, will be partially damaged by fire or other casualty not due to the tenant's negligence or willful act or that of the Tenant's employee, family, agent, or visitor, the Premises will be promptly repaired by the Landlord and there will be an abatement of rent corresponding with the time during which, and the extent to which, the Premises may have been uninhabitable. However, if the Premises should be damaged, other than by the Tenant's negligence or willful act or that the Tenant's employee, family, agent, or visitor. To the extent that the Landlord will decide not to rebuild or repair, the term of this Lease will end and the Rent will be prorated up to the time of the damage. Maintenance The Tenant will, at its sole expense, keep and maintain the Premises and the appendices in good and sanitary condition and repair during the term of this Lease and any renewal of this Lease. In particular, the Tenant will keep the fixtures in the Premises in good order and repair. The tenant will, at Tenant's sole expense, make all required repairs to the plumbing, range, heating apparatus, and electric and gas fixtures whenever damage to such items will have resulted from the Tenant's misuse, waste, or neglect or that of the Tenant's employee, family, agent, or visitor. Major maintenance and repair of the Premises involving anticipated or actual costs in excess of $100.00 per incident not due to the Tenant's misuse, waste, or neglect or that of the Tenant's employee, family, agent or visitor, will be the responsibility of the Landlord and the Landlord assigns. Where the Premises has its own driveway or parking spaces which are exclusive use of the Tenant and guests, the Tenant will keep the entrance, driveway and parking spaces clean and free of objectionable material including debris and ice. Where the premises has its own garden or grass area which is for the exclusive use of the Tenant and its guest, the tenant will water, fertilize, weed and cut to maintain the garden or grass area. There will be no camp fires allowed on the property. Care and Use of the Premises The Tenant will promptly notify the Landlord of any damage, or of any situation that may significantly interfere with the normal use of the premises or to any furnishings supplied by the Landlord. Landlord asks that the Tenant leaves the furniture in the rooms in which they are currently placed. Vehicles which the Property Manager or landlord reasonably considers noisy, dangerous, improperly insured, inoperable or unlicensed are not permitted in the tenant's parking spots and such vehicles may be towed away at the lease holder's expense. Parking spaces are provided at tenant's own risk. The tenant is to only park in the space(s) allotted to them. The tenant agrees not to cause or allow on the premises any excess noise, nuisances or other activity which disturbs the peace and quiet of surrounding neighbors. The tenant will keep the premises reasonably clean. The tenant will dispose of trash in a tidy, proper and timely manner. The Tenant will not engage in any illegal trade or activity on the Premises. The Landlord and tenant will comply with health, fire and safety laws as required by law. The Tenant agrees that no signs will be placed or any work will be performed by or at the direction of the tenant without prior, written consent of the landlord. If the Tenant is absent for the property for a consecutive period of seven (7) or more days, the lease holder will arrange for inspection by competent person and the Property Manager will be notified. At the end of the leased period the Tenant will surrender the premises in as good a state and condition as it was at the beginning of the lease. Reasonable wear and tear and damages by the elements are expected. Hazardous Material The Tenant will not have or keep anything of a dangerous, flammable or explosive matter that might unreasonably increase the danger of fire on the premises, or that may be considered hazardous by an insurance carrier. Lead Warning Houses built before 1978 may contain lead-based paint. Lead from paint, paint chips and dust can pose health hazards if not cared for properly. Lead exposure is especially harmful to pregnant women and small children. Before renting a home built prior to 1978, the lessors must disclose the presence of known lead based hazards. General Provisions The tenant will not be allowed to keep fire arms or guns of any type on the premises. Locks may not be added or changed without the prior knowledge and consent of both the manager and landlord, and the tenant and the landlord. The Tenant will be charged an additional $25.00 for each N.S.F. check or check returned by the lease holder's financial institution. This lease will constitute the entire agreement between the landlord and the lease holder. Any prior understanding or representation of any kind preceding the date of this lease will not be binding on either party except to the extent incorporated in this document. The Tenant agrees that the landlord and rental management company will not be liable or responsible for any personal injury or death that may be sustained by the lease holder or any other person whom the tenant are responsible who may be on the premises of the landlord or for any loss of damage or injury to any property including cars and content thereof belonging to the lease holder or to any other person for whom the lease holder is responsible. The Landlord requests that the Tenant keeps groups activities on the premises to a maximum of 8-10 guests at one time. Large parties are prohibited and will not be tolerated. The Tenant is responsible for any people who are on or visiting the property or any other part of the landlord's premise at the request of the Tenant, either expressed or implied, whether the purposes of visiting the Tenant, making deliveries, repairs or attending upon the property for any other reason. Without limiting the generality of the foregoing, the Tenant is responsible for all members of the lease holder's family, tradesman, guests, employees, repairmen, invitees, agents or other similar persons. If the leased premise is placed For Sale on the real estate market, the Tenant shall cooperate with the sale of the property. The property may be shown to prospective buyers with 24 hour notice. Property will be clean and orderly for any showings. If the leased premise sells, the tenant agrees that this lease shall be terminated 45 days from date that the tenant is notified of the sale. IN WITNESS WHEREOF: (PROPERTY MANAGER) and (TENANTS) have duly affixed their signatures under hand and seal on the (DATE OF SIGNING).
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