W7843 County Road P

Lease terms

CONTACT LANDLORD PRIOR TO SUBMITTING AN APPLICATION TO RECEIVE THE RESIDENTIAL RENTAL CONTRACT FOR REVIEW. An email can be sent to landlord to receive a copy of the Residential Rental Contract. LANDLORD WISHES TO INSURE THAT TENANT IS FULLY AWARE, IN ADVANCE, OF THE TERMS OF THE LEASE PRIOR TO THE APPLICATION PROCESS. Rental application and NON-REFUNDABLE $25 fee, which requires a background and credit check. All prospective tenants over 18 years of age must complete the rental application. A potential tenant application must FIRST be approved, or pre-screened, before a walk through for a one-time showing of the property and house. Applicants must be pre-approved before the rental showing. In pre-screening of potential applicants, the following may be reviewed to meet the minimum requirements: (1) Gross income per month must be in excess of three (3) times the rent. Income can include, but is not limited to: W-2 or 1099 pay checks, recent paystubs can be provided to verify income sources; Social Security payments, recent payments (via a bank statement) can be provided to verify income sources; Housing vouchers; By submitting an application, prospective tenant agrees to give permission to landlord to contact current employer to verify income or salary. (2) Background and references check needed to verify: No history of evictions, money judgments or liens; Minimum 3 years of renting history; No criminal record; For rental references, previous landlord(s) listed in application must be able to be contacted and reachable within 4 business days of the day the application is submitted, and (3) Credit score of 600 or more Lease is for one year term. Occupancy is limited to no more than ten (10) persons, who must be part of a single household or immediate family unit. Occupancy limited to immediate family members (e.g., parent(s) and minor children). The premises may not be subleted or occupied by additional individuals without written permission of the landlord. For purposes of this lease, 'immediate family' refers to spouse, domestic partner, parent, child, or sibling. This definition does not include extended relatives such as cousins, nieces, aunts, or uncles without prior written approval by the landlord. Pets (indoor or outdoor) cats and small dogs weighing less than forty (40) pounds, with additional $30/month rental fee per animal, plus $300 security deposit per pet and acceptance of animal damage fee if property destroyed or damaged due to animal(s) and with pets listed in renters insurance policy coverage. Renter's Insurance Required: Since a renting tenant is not covered by the landowner's insurance policy, the tenant must provide Certificate of Renter Insurance prior to moving in or occupancy of the property that provides coverage for personal property, liability and possibly, additional loss of use (living expense coverage). A renters insurance policy should cover any damage done by the tenant's pet or pets (if applicable). The minimum coverage for the renter's insurance should state $30,000 for personal property, $100,000 for liability and $6,000 for loss of use. There is a smoke-free policy for the entire farmhouse. Smoking, including vaping or pipe/cigar smoking, is prohibited inside or near the front or back doors of the farmhouse. Additionally, all smoking is prohibited near any of the existing outbuildings on the property, due to their wood construction and age. The first 10,000 kWhs of electricity for tenant's use is free of charge. Electricity use above 10,000 kWhs during the one (1) year term of the lease is assessed at $.16 (16 cents per kilowatt hour), due upon invoicing, otherwise deducted from security deposit. Equipment shed, greenhouse-granary, dairy barn or other outbuildings may be rented for additional fees, subject to type of use. Unless a separate rental fee is collected, all outbuildings are not for tenant access or use. Tenant responsible for heating cost (currently #2 fuel oil, but may be natural gas in future), as well as seasoned hardwoods if tenant wishes to heat and/or cook with wood. Tenant is responsible for replenishing fuel oil (or gas, as applicable) prior to complete depletion in tank, otherwise, actual costs for restarting the emptied system will be the responsibility of the tenant. Part of monthly rental fee can be reduced if tenant mows law, performs basic grounds landscaping care and snow removal. Inquire if interested in rent price reduction. Privately managed by owners, but with local handy-person available as issues arise for reasonably scheduled repair or resolution. OVERNIGHT GUESTS: Tenant may have guests at the premises for casual overnight stays not exceeding 14 total nights in any 6-month period without prior written consent of the Landlord. A guest is defined as any person not listed as a Tenant on this lease agreement. Any guest staying more than 7 consecutive nights, or more than 14 cumulative nights within any 6-month period, will be considered an unauthorized occupant unless the Landlord gives prior written approval. The total number of people residing at the property, including guests, may not exceed the maximum occupancy limit of 10 persons (based on 2 persons per bedroom). Tenants are responsible for the conduct of their guests and any damage or disturbances caused by them. Violation of this policy may be considered a breach of lease and grounds for termination. GUARANTEE: If this Lease is signed in connection with a separate Guaranty Agreement, the Guarantor agrees to be jointly and severally liable with the Tenant(s) for all obligations arising under this Lease, including the payment of rent, fees, and any damages to the property, whether arising during the initial term or any extension or renewal. The Guarantor's obligations remain in effect until the Lease is lawfully terminated and all obligations have been fulfilled. RENEWAL: This Lease shall terminate at the end of the lease term unless renewed in writing by both parties. If neither party provides written notice of termination or renewal at least thirty (30) days prior to lease end, this Lease shall convert to a month-to-month tenancy under the same terms, unless otherwise agreed in writing. Landlord reserves the right to increase rent with thirty (30) days' written notice prior to any renewal or continuation. ASSIGNMENT: Tenant shall not assign this Lease or any interest herein without the prior written consent of the Landlord. Any assignment without Landlord's written consent shall be deemed void and grounds for immediate termination of the Lease. Consent shall not be unreasonably withheld, but Landlord may require a complete application from the assignee, conduct a background check, and charge reasonable screening costs. SUBLEASE: Tenant shall not sublease the Premises, or any portion thereof, at any time. Landlord strictly prohibits any sublet or sublease, including a rental as a short term hospitality rental through such outlets as AirBnB or VRBO. ABANDONED PERSONAL PROPERTY: In accordance with Wis. Stat. 704.05(5), the Landlord is not responsible for storing or safeguarding any personal property left on the premises after the Tenant vacates or is evicted, unless otherwise required by law. Upon termination of tenancy, any personal property left behind by the Tenant shall be considered abandoned and may be disposed of by the Landlord at the Landlord's discretion without further notice, unless: - The Tenant provides written notice prior to vacating indicating an intent to return for the property within 7 days of lease termination, or - The property includes prescription medicine or medical equipment, in which case the Landlord shall hold such items for at least 7 days and make reasonable efforts to return them. The Tenant releases the Landlord from any liability for the loss, damage, or disposal of such property and agrees to pay for the cost of removal or disposal if applicable. RENT PAYMENT TERMS In accordance with Wis. Admin. Code ATCP 134.09(8) and Wis. Stat. 704.17, Tenant agrees to pay monthly rent in the amount of $2,500, due on or before the 1st day of each calendar month. Rent shall be paid to the Landlord electronically via bank transfer in the Zillow Renter Hub, or alternatively via bank to bank transfer using Zelle: Rent is considered late if not received by 11:59 PM on the 5th day of the month. A late fee of $50 will be charged if payment is not received by this time. If rent remains unpaid for more than 5 days after the due date, the Landlord may issue a 5-Day Notice to Pay or Vacate in accordance with Wis. Stat. 704.17(1)(a). Acceptable payment methods include: Electronic payment via the Zillow Renter Hub bank transfer or bank to bank transfer by Zelle. Alternative payments via personal check, bank or certified check, or money order can be arranged in advance with landlord. Cash payments, however, will not be accepted. A returned payment (NSF check or failed transfer) will incur a $25 returned payment fee, and the Landlord may require future rent to be paid by certified funds only. Review the Property Rental Lease and all the associated addenda for this property BEFORE you apply to confirm that all the terms are acceptable to you. This is a unique property, so specific terms have been outlined carefully in the document, including, for example, the free electricity tenants can receive up to 10,000 kWhs/year during their rental period; actual electricity use, of course, is based on actual tenant electricity consumption. Additionally, the Property Rental Lease addendums address the pet policy, required renter insurance policy and rent payment. If you require immediate and urgent housing, this single family property is would not be possible since landlord needs to make sure there is a great match between tenant needs and landlord's ability to meet those. Landlord complies with all applicable fair housing laws. Landlord does not discriminate on the basis of race, color, religion, sex, national origin, disability, sexual orientation, gender identity, marital status, lawful source of income, age, or familial status. All applicants are subject to the same screening criteria, including income verification, credit/background checks, and rental history. The Wisconsin Open Housing Law (Wis. Stat. 106.50) protects against discrimination based on sexual orientation, lawful source of income, and ancestry.