This beautiful house was recently built (2026) in a quiet neighborhood. You will enjoy the peaceful environment and the J.P. Moseley Park, which is a walking distance away. The park is about 179 acres with the features below: 4 Lighted Softball Fields 1.4 Mile Paved Walking/Jogging Track Pavilion Regional Playground 36-Hole Disc Golf Course 4 Lighted Football Fields J. P. Moseley Recreation Center Concession Stand Outdoor Fitness Court This 3-bed, 2-bath unit boasts 1,450 sq ft of open-concept living, featuring stainless steel appliances, in-unit laundry, and floor-to-ceiling windows that flood the space with light. Enjoy exclusive access to the private garage, a magnificent porch where you enjoy outdoor cooking. Schedule your tour today!" Tenant shall pay and be liable for all utilities, including charges for garbage, water, sewage, electricity, natural gas, even if accounts for such utilities remain in the Landlord's name, during the term of this Lease or during Tenant's occupation of the Premises. Tenant agrees to maintain continuous and uninterrupted service for all utilities (except telephone and cable) during the term of this Lease. Applicable utilities and/or service to be paid by Tenant for a flat fee of $600 each month. If the utilities charges mounts over $600, the tenant is responsible for the difference each month. Default Generally: Tenant shall be in default of this Lease upon the occurrence of any of the following: (i) Tenant fails to abide by any term of this Lease, (ii) Tenant files a petition in bankruptcy, (iii) Tenant fails to timely pay Rent, Additional Rent, or other amounts owed to Landlord under this Lease, (iv) Tenant fails to reimburse Landlord for any damages, repairs or costs to the Premises (other than normal wear and tear) caused by the actions, neglect or intentional wrongdoing of Tenant or members of Tenant's household and their invitees, licensees, and guests, (v) Tenant abandons the Premises prior to the end of the Lease, (vi) Tenant shuts off any of the utilities serving the Premises without the consent of Landlord, and/or (vii) Tenant fails to maintain Minimum Required Insurance or pay the Purchase Cost, as defined herein (each an "Event of Default" ons Property Management LLC | Residential Lease Agreement | Copyright 2022 | Last Revised March 2022 KEY LOCATIONS PROPERTY MANAGEMENT LLC RESIDENTIAL LEASE AGREEMENT This Residential Lease Agreement ("Lease") made as of _____________________, and is effective as of ______________________ between KEY LOCATIONS PROPERTY MANAGEMENT, LLC ("Landlord") and _________________________________________________ (all of the foregoing referred to as "Tenant"); W I T N E S S E T H: WHEREAS, the parties hereto desire to enter into an agreement for the purpose of having the real property, as hereinafter described, leased and possessed by Tenant for residential purposes; and WHEREAS, the parties hereto have reached complete agreement as to all terms and conditions of this Lease; NOW, THEREFORE, in consideration of the foregoing and the mutual covenants, terms and conditions as set forth below and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 1. AGREEMENT TO LEASE: Landlord does hereby lease unto Tenant the real estate situated at ________________________________________, _________________, Georgia ___________ ("Premises"). 2. TERM: a. Initial Term. The initial term of this Lease shall begin on the scheduled day of occupancy ______________________ ("Lease Start Date") and end on ______________________ ("Lease End Date") (the "Term"), unless otherwise renewed as set forth herein. b. No Automatic Renewal. The Lease shall terminate automatically at the end of the Initial Term set forth in Paragraph 2(a). Tenant agrees to vacate the Premises on the Lease End Date. Tenant, however, is still required to provide Landlord sixty (60) days written notice prior to vacating the Premises at the Lease End Date that Tenant will be vacating the Premises on the Lease End Date. Tenant shall use the Notice to Vacate form attached as an addendum to this Lease. Notwithstanding the foregoing, the Lease may be renewed if Landlord and Tenant agree to such terms in writing within sixty (60) days of the Lease End Date. c. Early Termination by Landlord. Landlord shall have the right to terminate the Lease early upon not less than sixty (60) days' written notice and Tenant shall vacate the Premises on or before such notice period. d. Early Termination by Tenant. Tenant shall have the right to termination the Lease early upon not less than sixty (60) days' written notice to Landlord. Tenant must not be in default of this Lease at the time such notice is given, and Tenant shall use the Notice to Vacate form attached as an addendum to this Lease. In addition to payment of any Rent or Additional Rent due at the time of such notice, Tenant shall pay as liquidated damages one and a half times the amount of a monthly installment of Rent plus a $300.00 administrative fee (the "Tenant Early Termination Fees"). The Tenant Early Termination Fees are a reasonable Page 2 of 14 __________ Initials of Landlord __________ Initials of Tenant Key Locations Property Management LLC | Residential Lease Agreement | Copyright 2022 | Last Revised March 2022 pre-estimate of Landlord's additional expenses for unanticipated vacancies, turnkey expenses, and re-letting costs, and are acknowledged and affirmed by the Landlord and Tenant to not be a penalty. The Tenant Early Termination Fees must be received within one (1) day of sending of such notice. The termination date ("Termination Date") shall be sixty (60) days after the last day of the month in which such notice is given. Tenant must continue to pay Rent and any Additional Rent on time and in full for the months prior to the Termination Date. Notwithstanding the foregoing, if Tenant exercises the right of termination herein, Tenant shall not be relieved of any responsibilities and obligations regarding damage to Premises. Tenant may also not apply the Security Deposit to the payment of any of Tenant's financial obligations set forth herein. e. Early Termination Due to Sale of Premises. If at any time during the term of this Lease, Landlord contracts for the sale of the Premises, the Landlord may send Tenant notice of such proposed sale stating the date on which Tenant must vacate the Premises, which date shall not be later than the date the Lease terminates. Tenant shall have at least sixty (60) days from the date of the notice to vacate the Premises; provided, however, that Tenant shall vacate the Premises on or before the date the Lease terminates if notice of sale is sent less than sixty (60) days prior to the date this Lease terminates. If Tenant is required to vacate the Premises pursuant to this Paragraph, this Lease shall terminate upon the date which Tenant is required to vacate the Premises as stated in the notice of sale. 3. RENT: Tenant, for and in consideration of this Lease and the demise of the Premises by Landlord to Tenant, hereby agrees and covenants with Landlord to pay rent for the Premises ("Rent"), in the following manner: a. Installment Payments. Rent shall be payable to Key Locations Property Management LLC by electronic payment services available at the tenant online portal (Resident Web Access) or by U.S. Postal Mail addressed to same at 1035 Lake Windward Overlook, Alpharetta, Georgia 30005, in equal monthly installments of ________________________________ U.S. dollars ($____________) plus any Additional Rent which accrues under this Lease (set forth herein) on the date that occupancy hereunder commences and on the 1st day of each calendar month of the Term thereafter through the last calendar month of the Term. b. Late Fees. If an installment of Rent is not paid before 11:00 A.M. on the 5th day of the month, it shall be considered late and Tenant must include Additional Rent of five percent (5%) of the installment of Rent and ten percent (10%) of the Rent after the 10th day of the month. ("Additional Rent for Late Payment"). All payments of rent and late fees delivered to Landlord after 11:00am on the 5th day of the month must be made in certified funds. Certified funds must be drawn on one of the following: US Postal Money Order, Western Union Money order, Bank of America, Truist Bank or Wells Fargo Bank. c. Dishonored Check or Payment. If a check is dishonored or an electronic payment is rejected, Tenant shall immediately pay Landlord a service charge of $50.00 ("Service Charge"). d. Holdover Rate. The daily rate for holding over beyond the expiration or termination of the Lease is two (2) times the amount of daily Rent. e. Requirement of Certified Funds; Application of Amounts. Landlord may, upon notice to Tenant, require payment of Rent and Additional Rent in certified funds by U.S. Postal Mail for the duration of the Lease for any reason. Certified funds must be drawn on one of the following: Bank of America, Truist Bank, or Wells Fargo Bank. Under no circumstances may Rent or Additional Rent be paid in cash. All funds received from Tenant shall first be applied to outstanding late fees, dishonored or rejection (NSF) fees, administration fees, maintenance charge backs, and any other fees or Additional Rent due to Landlord under this Lease. 4. SECURITY DEPOSIT: a. Tenant shall pay Key Locations Property Management, LLC as "Holder" a security deposit of $_____________________ by certified check, money order, credit card, or EFT ("Security Deposit"). The Security Deposit shall be paid not later than the Lease Start Date but not earlier than the date Landlord has presented Tenant with a copy of the Move-In Inspection, as defined herein. Landlord shall provide Tenant with a receipt for the Security Deposit once paid, which shall constitute acknowledgment that the Security Deposit has been received by Landlord. b. The Security Deposit will be deposited by Holder within five (5) banking days and held by Holder in an Escrow Account at Truist Bank. Any interest earned from said account(s) shall accrue to Landlord. c. If the Security Deposit is not honored, for any reason, or such payment is otherwise declined, Holder shall promptly notify all parties to this Lease of the same and Tenant shall have three (3) banking days after notice to deliver good funds plus a fee of $50.00 to Holder. d. The Security Deposit will be returned to Tenant within thirty (30) days after the Premises is vacated, if: (i) the Lease term has expired or the Lease has been terminated in writing by both parties; (ii) Landlord has given a written notice to vacate; (iii) no damage has been sustained on the Premises or its contents, except normal wear and tear; (iv) the Premises is returned by Tenant fully cleaned with all trash, debris, and personal items removed; (v) all rent, fees, and charges have been paid by Tenant in full; and (vi) all door keys and amenity keys, mailbox keys, access cards, gate openers, and garage door openers have been returned to Landlord. e. The Security Deposit may be applied by Landlord to satisfy all, or part of Tenant's obligations and such act shall not prevent Landlord from claiming damages in excess of the deposit. Landlord shall have the right to deduct from the Security Deposit: (1) the cost of repairing any damage to Premises caused by the negligence, carelessness, accident or abuse of Tenant, Tenant's household or their invitees, licensees and guests, other than normal wear and tear; (2) unpaid rent, utility charges or pet fees; (3) cleaning costs if Premises is left unclean; (4) the cost to remove and dispose of any personal property; and/or (5) late fees and any other unpaid fees and charges referenced herein. All parties acknowledge that the Deposit will be forfeited to Landlord as partial liquidated damages if Tenant vacates the Premises (regardless of reason) without first tendering to Landlord payment in full through the Term or any subsequent renewal term of this Lease. f. If any part of the deposit has been used by Landlord in accordance with the terms of this Lease or applicable law, Tenant shall upon demand immediately deposit with Holder a sum equal to the amount so applied by Landlord so that Holder shall have the full deposit on hand at all times during the Lease term including any extension, renewal or holdover term.
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