7

FORM VAUD FOB

l--

i

GEORGIAAPARTMENT
ASSOCIATION
MEMBERS ONLY

.Aumret

Loase Date:

28,

Tha lfoodRidoe
Circ].a Bldcr l[- Decatur.

The lloodRidqe

20L2

located at 251 Eabitat
Ap[ No. N 251 lAddresslto Kurshina A. Idom, And No

(Community Name) leases

CD, 30034

Others

["Resident']. The horized: List Occupants' Names

Shav].a Johnson

Shiniya ilohnson

Uarctues ilohngon

1.Term'Theinitialtermisfor5monthsand-daysbeginningatnoononand endingatnoonon'REslDENTMAYNoTTER[llNATETHlsLEAsEPBioixeENDoFTHE INMAL TERM B(CEPT IN STRICT COITIPLIANCE WTH PARAGRAPH 7.

2.

possesslon. Rent shall abate until possession is granted. Resident may void this lease if possession is not granted within seven (7) days from the start of the lease term. Management is not liable for any delay in possession.

g.

Rent Hent

__![..1Q0

of

per month is payable in advance on the 1st day of each month at the management offic€, Prorated rent from

tointheamountor$-shallbedueatthetimethisleaseissigned.Ifthis|easeisextended
100.00 in addilion to the market rate rent. Market rate rent shall be the underparagraph6JesiOentsfratt oweamonth-to-monthfeeof $

amount of rent which could be obtained for rental of said apartment as determined by Management at the end of the initial lease term.
CASH PAYMENTS WILL NOT BE ACCEPTED, AND NO MANAGEMENT EMPLOYEE tS AUTHORIZED TO ACCEPT A CASH PAYMENT UNDER ANY
CIHCUMSTANCES. RESIDENT MAY NOT RELY ON ANY STATEMENTMADE TO HIM BYA MANAGEMENT REPHESENTATIVETHAT CASH WILL BE
ACCEPTED.

All rent shall be paid by personal check, cashier's check, money order, credit card, debit card or electronic funds transfer and shall be made payable to the
The
. (Management). Third party checks (which are made order of

,

Tloodridae

,.

'

payableto@andpartialpaymentsarenotallowed'Allotherfeesorchargesdueunderthisleaseareconsideredtobe

additional rent.

4.

late Payments.

Time is of the essenc€. After close of business on

the

5
75.00

day of the month,

a

late fee

of

$

100

.

00

or

percentoftherentdueunderParagraph3aboveplus$-perdayafterthe-...|dayofthemonthshallbedue.

$

or nve perc€nt (5%) of the fac€ amount of each returned
Resictent shal pay management (choose one)-fla service fee of or NSF check, ffds an additional fee equal to the fee charged to management by the bank. lf no box is checked, then the insufficient tunds service fee is tive percent (5%) of the face amount of the check, plus the fee cfrarged by the bank. At management's option, all late rent, NSF checks, and ftrture rents due after an NSF check must be paid by money order or certified funds ftom a bank. The parties agree that bank service, NSF, and late iees are reasonable compensation for delay, administrative costs, and time in collecting past due rent, are not penafties, and that such costs are difficult to estimate acrurately. 5.

a
_

!

Lease Fees & Security D€posit. Resident must pay (any box checked below): lf all keys are not retumed'
50
Re-keying
This is not a se@rity deposit, not retundable, and does not reduce liability lor damages to
Non-Refundable Lease
$
the apartment.
Deposit will be refunded as provided by law but may be applied to any charges due under
Security
$ this lease. The deposit will either be protected by a surety bond on file with the
2006377
Clerk of Superior Court or deposited in
(Bank Name).
(Account No.) in the
Bank
Buckhead lnterest earned on suoh deposib belongs to Management.

Locks:

Fee:

Deposit:

$
_

.00

_

Private

of

Renewal Term and Notice of Non-Renewal. Either party may non-renew and terminate this lease at the end of the initial term by giving a
60 day written non-renewal notice prior to the end of the initial lease term. tf such notice is not given, then this lease will be extended on a
Uonttr to Uont} basis until either party gives a proper 30 day notice in writing that terminates the lease at the end ol a calendar month.

6.

@erighttoincreasetherentduebygiving30days,writtennoticepriortotheendoftheinitialtermoranysubsequentrenewal period. lf not specified above, then a

OO

day written notice is required to end the initial term or any reneuval period as of the end of a calendar month.

Management employees are not authorized to accept a verbal notice of non-renewal or termination from resident, and the resident has no right to rely on a management employee,s statement that a verbal notice is acceptable. Resident's notice must be in writing, dated, signed, and specify the move-out date.
Resident should confirm receipt of the notice with the authorized signature of a management representative using management's nstic€ of intent to vacate form. Resident should keep a signed receipt of the non-renewal notice for his personal records in case of any dispute as to whether such notice was given and received. lf resident does not obtain a signed receipt of such notice from management or if management does not have a signed original non-renewal notice from resident, then it will be presumed that resident failed to give a proper wiitten notice.

7.

Early Termlnatlon. Resident can ehd all liability for rent under this lease (but not liability for damages exceeding normal wear and tear) and vacate before the end of the initial lease term stated above only by doing all of the following things required in this paragraph. ff all of the following conditions are not performed, then the lease remains in effect for the full term, and resident shall be liable for breac*r of the rental contracl as provided in paragraph 26. lf resident skips, abandons, or is evicted from the apartment without complying with this paragraph, then resident is in defauit and responsible for rent and liquidated damages (if applicable) as provided under paragraph 26, any other fees or charges due, and all damages and cleaning fues in excess of normal wear and tear. Management employees are not authorized to make a verbal statement that waives the notic€ and termination fees, and the resident has
Copyright

@

9/2010 - Atlanta Apartment Association, lnc, - Form # 9401

All Rights Reserved

O82820L20753301

Paselof5