1304 Royalty Way

Lease terms

1) The Lease agreement will be for a minimum of 1 year. 2) Tenant will pay Landlord monthly Rent of $2,350.00. Rent will be payable in advance and due on the 1st day of each month during the Term. Rent for any period during the Term which is for less than one month will be a pro rate portion of the monthly installment. Rent shall be paid to Landlord at the Landlord's address provided herein (or at such other place as Landlord may designate in writing) by mail, in person, or by electronic transfer. Acceptable methods of payment include personal check, money order, cashier's check, online bank transfer (ACH), PayPal, Zelle, or such other electronic payment method as agreed to by the Landlord. All rent payments shall be made in U.S. Dollars. Tenant further agrees to pay $35.00 for each dishonored bank check. 3) Late Fee: Rent paid after the 1st day of each month will be deemed as late; and if rent is not paid within five (5) day(s) after such due date, Tenant agrees to pay a late fee equal to 5% of the monthly rent. 4) Utilities: Tenant is responsible for payment of all utilities (such as Gas, Electricity, Water) and other services for the Premises. 5) Security Deposit: Tenant will pay a security deposit in the amount of $3,000.00 to Landlord. The security deposit will be retained by Landlord as security for Tenant's performance of its obligations under this Agreement. The security deposit may not be used or deducted by Tenant as the last month's rent of the Term. Tenant will be entitled to a full refund of the security deposit if Tenant returns possession of the Premises to Landlord in the same condition as accepted. Within twenty-one (21) days after the termination of this Agreement, Landlord will return the security deposit to Tenant (minus any amount applied by Landlord in accordance with this section). The security deposit may be used to cover cleaning necessary to restore the Premises to the same level of cleanliness as at the commencement of the tenancy (excluding ordinary wear and tear), repair of damage beyond ordinary wear and tear, and any other lawful charges permitted under California law. Any deductions from the security deposit will be itemized and explained in writing, as required by applicable law. The security deposit will not bear interest while held by Landlord in accordance with applicable state laws and/or local ordinances. 6) Holdover Tenancy: Unless this Agreement has been extended by mutual written agreement of the Parties, there will be no holding over past the Term under the terms of this Agreement under any circumstances. If it becomes necessary to commence legal action to remove Tenant from the Premises, the prevailing Party will be entitled to attorney fees and costs in addition to damages. 7) Use of Premises: The Premises will be occupied only by Tenant and Tenant's immediate family and used only for residential purposes. Tenant shall not engage in any illegal activity or objectionable conduct, including behavior that makes the Premises less fit for habitation, creates dangerous, hazardous or unsanitary conditions, constitute a nuisance, or unreasonably interfere with the quiet enjoyment of neighboring properties or other occupants. Tenant will be liable for any damage occurring to the Premises and any damage to or loss of the contents thereof which is done by Tenant or Tenant's guests or invitees. 8) Condition of the Premises: Tenant has examined the Premises, including the appliances and fixtures, and acknowledges that they are in good condition and repair and accepts them in its current condition. 9) Maintenance and Repairs: Tenant will maintain the Premises, including appliances and fixtures, in clean, sanitary and good condition and repair. Tenant will not remove Landlord's appliances and fixtures from the Premises for any purpose. If repairs other than general maintenance are required, Tenant will notify Landlord for such repairs. In the event of default by Tenant, Tenant will reimburse Landlord for the cost of any repairs or replacement. 10) Yard Maintenance: Tenant shall maintain all yards, landscaping, shrubs, trees, mulch areas, flower beds, and other exterior portions of the Premises in a clean, neat, and well-maintained condition. Tenant shall control weeds, remove leaves and debris, trim vegetation as reasonably necessary, and prevent excessive overgrowth. Tenant shall be responsible for the cost of routine yard maintenance unless otherwise agreed in writing. 11) Compliance: Tenant agrees to comply with all applicable laws, ordinances, requirements and regulations of any federal, state, county, municipal or other authority. 12) Alterations: Tenant will not make any alteration, addition or improvement to the Premises without first obtaining Landlord's written consent. Any and all alterations, additions or improvements to the Premises are without payment to Tenant and will become Landlord's property immediately on completion and remain on the Premises, unless Landlord requests or permits removal, in which case Tenant will return that part of the Premises to the same condition as existed prior to the alteration, addition or improvement. Tenant will not change any existing locks or install any additional locks on the Premises without first obtaining Landlord's written consent and without providing Landlord a copy of all keys. 13) Smoking: Smoking of any kind is strictly prohibited on any part of the Premises. This prohibition applies to Tenant and any visitors, guests or other occupants on the Premises. 14) Pets: Tenant is not allowed to have or keep any pets, even temporarily, on any part of the Premises. The unauthorized presence of any pet will subject Tenant to penalties, damages, deductions and/or termination of this Agreement. Tenant will be responsible for the costs of de-fleaing, deodorizing and/or shampooing all or any portion of the Premises if a pet has been on the Premises at any time during the Term (whether with or without written consent of Landlord). 15) Inspection Checklist: In order to avoid disagreements about the condition of the Premises, at the time of accepting possession of the Premises, Tenant will complete the Inspection Checklist which will be incorporated by reference as Exhibit A and record any damage or deficiencies that exist at the commencement of the Term. Tenant will be liable for the cost of any cleaning and/or repair to correct damages found at the end of the Term if not recorded on the inspection checklist. 16) HOA Rules: Property is subject to HOA rules and regulations. Tenant agrees to comply with all HOA requirements, and any violations or fines incurred due to Tenant's actions shall be the responsibility of the Tenant." 17) Fire and Casualty: If the Premises are damaged by fire or other serious disaster or accident and the Premises becomes uninhabitable as a result, Tenant may immediately vacate the Premises and terminate this Agreement upon notice to Landlord. Tenant will be responsible for any unpaid rent or will receive any prepaid rent up to the day of such fire, disaster or accident. 18) Liability: Landlord is not responsible or liable for any loss, claim, damage or expense as a result of any accident, injury or damage to any person or property occurring anywhere on the Premises, unless resulting from the negligence or willful misconduct of Landlord. 19) Renter's Insurance: Tenant is required to obtain, and maintain at all times during the Term, a renter's insurance policy with a minimum of $300,000.00 personal liability coverage. Tenant will name Landlord as an interested party or additional insured. Tenant will provide Landlord with a certificate or proof of insurance upon request. 20) Assignment and Subletting: Tenant will not assign this Agreement as to any portion or all of the Premises or make or permit any total or partial sublease or other transfer of any portion or all of the Premises. 21) Insurance Requirements: Tenant will not do or permit to be done any act or thing that will increase the insurance risk under any policy of insurance covering the Premises. If the premium for such policy of insurance increases due to a breach of Tenant's obligations under this Agreement, Tenant will pay the additional amount of premium as additional rent under this Agreement. 22) Right of Entry: Landlord or its agents may enter the Premises at reasonable times to inspect the Premises, to make any alterations, improvements or repairs or to show the Premises to a prospective tenant, buyer or lender. In the event of an emergency, Landlord may enter the Premises at any time. 23) Surrender: Tenant will deliver and surrender to Landlord possession of the Premises immediately upon the expiration of the Term or the termination of this Agreement, clean and in as good condition and repair as the Premises was at the commencement of the Term. 24) Default: In the event of any default under this Agreement, Landlord may provide Tenant a notice of default and an opportunity to correct such default. If Tenant fails to correct the default, other than a failure to pay rent or additional rent, Landlord may terminate this Agreement by giving a thirty (30) day written notice. If the default is Tenant's failure to timely pay rent or additional rent as specified in this Agreement, Landlord may terminate this Agreement by giving a thirty (30) day written notice to Tenant. After termination of this Agreement, Tenant remains liable for any unpaid rent, late fees, costs to remedy any defaults under this agreement, damages beyond ordinary wear and tear, and any other amounts lawfully owed under this Agreement. 25) Remedies: If this Agreement is terminated due to Tenant's default, Landlord may, in addition to any rights and remedies available under this Agreement and applicable law, use any dispossession, eviction or other similar legal proceeding available in law or equity. 26) Hazardous Materials: Tenant shall not keep on the Premises any item of a dangerous, flammable, or explosive character that might unreasonably increase the danger of fire or explosion on the Premises or that might be considered hazardous or extra hazardous by any responsible insurance company. 27) Notices: All notices given under this Agreement must be in writing. A notice is effective upon receipt and shall be delivered in person, sent via certified or registered mail to the following addresses (or to another address that either Party may designate upon reasonable notice to the other Party). Notices shall be sent to the Landlord at the following address: 2150 Portola Ave, #335D, Livermore, CA 94551 Notices shall be sent to the Tenant at the following address: 1304 Royalty Way, Clovis, CA 93619 28) Quiet Enjoyment: If Tenant pays the rent and performs all other obligations under this Agreement, Tenant may peaceably and quietly hold and enjoy the Premises during the Term. 29) No Waiver: No Party shall be deemed to have waived any provision of this Agreement or the exercise of any rights held under this Agreement unless such waiver is made expressly and in writing. 30) Severability: If any provision of this Agreement is held to be invalid, illegal or unenforceable in whole or in part, the remaining provisions shall not be affected and shall continue to be valid, legal and enforceable as though the invalid, illegal or unenforceable part had not been included in this Agreement. 31) Successors and Assigns: This Agreement will inure to the benefit of and be binding upon the Parties and their permitted successors and assigns. 32) Governing Law: The terms of this Agreement and the rights and obligations of the Parties hereto shall be governed by and construed in accordance with the laws of the State of California, without regard to its conflicts of laws provisions. 33) Amendments: This Agreement may be amended or modified only by a written agreement signed by the Parties. 34) Counterparts: This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, and all of which together shall constitute one and the same document. 35) Headings: The section headings herein are for reference purposes only and shall not otherwise affect the meaning, construction or interpretation of any provision in this Agreement. 36) Entire Agreement: This Agreement constitutes the entire agreement between the Parties and supersedes and cancels all prior agreements of the Parties, whether written or oral, with respect to the subject matter.