Estate Ventures LLC Lease Agreement

This Rental Agreement and/or Lease shall evidence the complete terms and conditions under which the parties whose signatures appear below have agreed. Landlord/Lessor/Agent and Estate Ventures LLC , shall be referred to as "OWNER" and Tenant(s)/Lessee, ___________________________________________________, shall be referred to as "RESIDENT." As consideration for this agreement, OWNER agrees to rent/lease to RESIDENT and RESIDENT agrees to rent/lease from OWNER for use solely as a private residence, the premises located at ____ Edna Ave, in the _____floor apartment, in the city of Bridgeport, CT.

1. TERMS: All payments are to be made in US currency. RESIDENT agrees to pay $____________ on the first day of each month. This agreement shall commence on ____/____/______and continue until ____/____/______as a leasehold. At the expiration of the lease a new yearly or a month-to-month lease will be implemented based on prior OWNER and RESIDENT agreement. If new lease terms are not agreed upon by the expiration date of the old lease, a new month-to-month lease will be instated with the same stipulations as the old lease. If RESIDENT should move from the premises prior to the expiration of the lease, he shall be liable for all rent due until such time that the Residence is occupied by an OWNER approved paying RESIDENT and/or expiration of said time period, whichever is shorter.

2. PAYMENTS:

Non-Supplemental Rent: Rent and/or other charges are to be paid automatically via Clear Now on the first of every month, from RESIDENT to OWNER bank accounts. OWNER acknowledges receipt of the first months rent of $________, and a Security Deposit of $ _________, and additional charges/fees for ___________, for a total payment of $__________. All monthly rent payments are to be made______via Clear Now or by other OWNER approved means to OWNER.

Supplemental Rent: Section 8, The___________________Housing Authority, agrees to pay $_______________for their percentage of rent each month. RESIDENT agrees to pay $_______________for their percentage of rent each month. RESIDENT's rent payments are to be paid automatically via Clear Now on the first of every month, from RESIDENT to OWNER bank accounts. OWNER acknowledges receipt of the first months rent of $________, and a Security Deposit of $ _________, and additional charges/fees for ___________, for a total payment of $__________. All monthly rent payments are to be made _________via Clear Now or by other OWNER approved means to OWNER.

3. SECURITY DEPOSITS: REDIDENT shall provide OWNER with $___________for the security deposit. The total of the above deposits shall secure compliance with the terms and conditions of this agreement and shall be refunded to RESIDENT within 30 days after the premises have been completely vacated less any amount necessary to pay OWNER; a) any unpaid rent, b) cleaning costs, c) key replacement costs, d) cost for repair of damages to premises and/or common areas above ordinary wear and tear, and e) any other amount legally allowable under the terms of this agreement. A written accounting of said charges shall be presented to RESIDENT 30 days of move-out. If deposits do not cover such costs and damages, the RESIDENT shall immediately pay said additional costs for damages to OWNER.

4. LATE CHARGE: The late fee will apply on the 11th day that rent is past due. A late fee of $20 a day will be applied on the 11^th day and accumulate until the RESIDENT pays their debt in full.

5. NOTICE TO QUIT: All RESIDENTS will receive a Notice To Quit Letter on the 11^th day that their rent is past due. The RESIDENTS have until the eviction court proceedings to pay the total rent balance, late charges, and any additional expenses before they are legally evicted and forced to pay all debts.

6. SURVIVAL UPON DEFAULT: If you default in the payment of rent under the terms of this lease, and we commence an eviction proceeding against you seeking possession of the premises then in that event, you shall not be relieved from your obligation for the unpaid balance of the rent due for the lease term.

7. YEARLY RENT INCREASE: After the end of each yearly lease agreement, the RESIDENT'S rent payments will increase by 5%. Refusal to accord is a breach of the lease, and grounds for eviction.

8. UTILITIES: RESIDENT agrees to pay all utilities: electricity, water, heat (oil) and any other services such as telephone and cable internet and TV service. Electricity, heat, and water must be operational and paid by the RESIDENT throughout the lease. A RESIDENT'S failure to keep the electricity, water and heat running is a breach of the lease, and grounds for eviction.

9. JOINT AND SEVERAL LIABILITY: If more than one RESIDENT signs this Lease, than each RESIDENT agrees to be jointly and severally liable for all amounts due to OWNER hereunder. The release of any one party from the obligations under this Lease shall not relieve the liability of the other parties to this Lease.

10. ASSIGNMENT AND SUB-LETTING: RESIDENT shall not assign this Agreement, or sub-let or grant any license to use the Premises or any part thereof without the prior written consent from OWNER. A consent by OWNER to one such assignment, sub-letting or license shall not be deemed to be a consent to any subsequent assignment, sub-letting or license. An assignment, sub-letting or license without the prior written consent of OWNER or an assignment or sub-letting by operation of law shall be absolutely null and void and shall, at OWNER option, terminate this Lease.

11. OCCUPANTS: Guest(s) staying over 10 days without the written consent of OWNER shall be considered a breach of this agreement. Any violation is a breach of the lease, and grounds for eviction. ONLY the following individuals and/or animals, AND NO OTHERS shall use or occupy the subject residence for more than 10 days unless the expressed written consent of OWNER is obtained in advance:

1.______________________________________________________________________

2.______________________________________________________________________

3.______________________________________________________________________

4.______________________________________________________________________

5.______________________________________________________________________

6.______________________________________________________________________

7.______________________________________________________________________

8.______________________________________________________________________

If an individual(s) wishes to live with the RESIDENT in the OWNER'S apartment they may do so upon OWNERS approval. All additional RESIDENTS will be charged $200 a person per month.

12. LEGAL USES OF RESIDENCE: The residence is zoned as a residential property in the city of Bridgeport. The residence shall be exclusively used as a private multi-family dwelling, and no part of the Premises shall be used at any time during the term of this Agreement by RESIDENT for the purpose of carrying on any business, home office, home occupation, profession, or trade of any kind, legal or illegal, or for any purpose, other than as a private multi-family dwelling.

13. LAWS: RESIDENTS agree to comply with any and all laws, ordinances, rules, regulations and orders of any and all governmental or quasi-governmental authorities affecting the cleanliness, use, occupancy and preservation of the Premises. RESIDENTS will also not permit any other(s) to violate any such laws, ordinances, rules or regulations. RESIDENTS will be in breach of this Lease and subject to eviction proceedings if any Law (local and/or state) is broken, if you are arrested, and/or you supply false information to the OWNER. Moreover, the OWNER may evict RESIDENTS if RESIDENTS do not comply with all of the terms of this Lease and for all other causes allowed by law. RESIDENTS will be obligated to pay OWNER the amount of any fines and/or penalties incurred by OWNER by reason of you or any other person violating any laws or regulations in the Apartment.

14. PETS:. No unacceptable cats, animals, fowl, fish, reptile, and/or pet of any kind shall be kept on or about the premises, for any amount of time. Any violation is a breach of the lease, and grounds for eviction. RESIDENT also agrees to carry insurance deemed appropriate by OWNER to cover possible liability and damages that may be caused by such animals, unless waived by OWNER. Refer to Pet Agreement for details on having pets.

15. PARKING AND PARKING AREA: Parking on the premises is limited to 2 automobiles per apartment. Only RESIDENT automobiles are allowed to park on the premises. Guest's must park on the street. When and if a RESIDENT is assigned a parking area/space on OWNER'S property, the parking area/space shall be used exclusively for parking of passenger automobiles. RESIDENT is hereby assigned or permitted to park only in the following area or space __________________________. Said space, driveway, and all parking areas shall not be used for the painting, maintaining, or repair of vehicles. No other parking space shall be used by RESIDENT or RESIDENT'S guest(s). RESIDENT is responsible for oil leaks, other vehicle discharges, and any damage to the driveway incurred by a RESIDENT, a RESIDENT'S vehicle, RESIDENT'S guest or vehicle, and shall be charged for cleaning if deemed necessary by OWNER. Any violation is a breach of the lease, and grounds for eviction.

16. VEHICLES AND TRAILERS: Only RESIDENT automobiles are allowed to park on the premises. An automobile is defined as a Four-wheeled automotive vehicle designed for passenger transportation ." Any vehicles registered or licensed as "commercial" or "combination", trailers, motorcycles, mopeds, motorized scooters, all related ATV's, snowmobiles, boats, motor homes, race cars, and vehicles that are inoperable are strictly prohibited on, in front and near the premises. Said vehicles, uninsured vehicles, and unregistered vehicles may be towed off the premised at the RESIDENT'S expense without further notice. Any violation is a breach of the lease, and grounds for eviction.

17. NOISE: RESIDENT agrees not to cause or allow any noise or activity on the premises, which might disturb the peace and quiet of another RESIDENT and/or neighbor. Keep all radios, television sets, stereos, computers, phonographs, musical instruments, etc., turned down to a level of sound that does not annoy or interfere with other residents. Said noise and/or activity is a breach of the lease, and grounds for eviction.

18. RIGHT OF ENTRY AND INSPECTION: OWNER shall have the right at all reasonable times during the term of this Agreement and any renewal thereof to enter the Premises for emergency's, suspected abandonment, and the purpose of inspecting the Premises and all buildings and improvements thereon. And for the purposes of making any repairs, additions or alterations, as may be deemed appropriate by Owner or Resident for the preservation of the Premises or the building. OWNER shall give 24 hours advance notice and may enter for the purpose of showing the premises during normal business hours to prospective renters, buyers, lenders, workmen or contractors, for smoke alarm inspections, and/or for normal inspections and repairs. OWNER is permitted to make all alterations, repairs and maintenance that in OWNER'S judgment is necessary to perform. OWNER shall further have the right to exhibit the Premises and to display the usual "for sale", "for rent" or "vacancy" signs on the Premises at any time within forty-five (45) days before the expiration of this Lease. The right of entry shall likewise exist for the purpose of removing placards, signs, fixtures, alterations or additions, but do not conform to this Agreement or to any restrictions, rules or regulations affecting the Premises. We may also enter the Apartment at any time without your consent in case of emergency. You agree not to unreasonably deny us the right to enter the Apartment.

19. CONDITION OF PREMISES: RESIDENT acknowledges that he has examined the premises and that said premises, all furnishings, fixtures, furniture, plumbing, heating, electrical facilities, all items listed on the attached property condition checklist, if any, and/or all other items provided by OWNER are all clean, and in good satisfactory condition except as may be indicated elsewhere in this Agreement. RESIDENT agrees to keep the premises and all items in good order and good condition and to immediately pay for costs to repair and/or replace any portion of the above damaged by RESIDENT, his guests and/or invitees, except as provided by law. At the termination of this Agreement, all of above items in this provision shall be returned to OWNER in clean and good condition except for reasonable wear and tear and the premises shall be free of all personal property and trash not belonging to OWNER. It is agreed that all dirt, holes, tears, burns, and stains of any size or amount in the carpets, drapes, walls, fixtures, and/or any other part of the premises, do not constitute reasonable wear and tear.

20. ALTERATIONS: RESIDENT shall not paint, wallpaper, refinish or alter woodwork, modify or redecorate, remodel or make upgrades, install/remove or change the windows and doors, change or install locks, hang or use anything that resembles a clothesline, affix a satellite to the building, add new telephone lines to the side of the building, roof, or gutters and leaders, add new cable lines to the side of the building, roof, or gutters and leaders, penetrate the exterior facade of the building, install antenna or other equipment, screws, fastening devices, large nails, or adhesive materials, add place signs or displays, change or add to the landscaping, or other exhibits, on or in any portion of the premises without the written consent of the OWNER except as may be provided by law. Any violation is a breach of the lease, and grounds for eviction.

21. MAINTENANCE AND REPAIR; RULES. RESIDENT will, at its sole expense, keep and maintain the premises and appurtenances in good and sanitary condition and repair during the term of this Agreement and any renewal thereof. Any RESIDENT found directly or indirectly responsible for damage to the property will be held financially responsible. Without limiting the generality of the foregoing, RESIDENT shall:

(a) Not obstruct the driveways, sidewalks, courts, entryways, stairs and/or halls, which shall be used for the purposes of ingress and egress only.

(b) Keep all windows, glass, window coverings, screens, doors, locks and hardware in good, clean order and repair.

(d) Not leave windows or doors in an open position during any inclement weather.

(e) Not hang any laundry, clothing, sheets, etc. from any window, rail, porch or balcony nor air or dry any of same within any yard area or space

(f) Not cause or permit any locks or hooks to be placed upon any door or window without the prior written consent of RESIDENT

(g) Keep all filters clean and free from dirt

(h) Keep all lavatories, sinks, toilets, and all other water and plumbing apparatus in good order and repair and shall use same only for the purposes for which they were constructed. RESIDENT shall not allow any sweepings, rubbish, sand, rags, ashes or other substances to be thrown or deposited therein. Any damage to any such apparatus and the cost of clearing stopped plumbing resulting from misuse shall be borne by RESIDENT.

(i) Deposit all garbage and waste in a clean and sanitary manner into the proper receptacles and shall cooperate in keeping the garbage area neat and clean.

(j) RESIDENT shall be responsible for properly disposing of items of such size and nature as are not normally acceptable by the garbage hauler. RESIDENT must bring their allotted garbage cans to the curbside for Bridgeport sanitation workers to dispose of the garbage.

(k) Not stick stickers on any part of the apartment

(l) Not stick "glow in the dark" stars on any interior facade

(m) RESIDENTS may not alter the original appearance of the home. This includes hanging anything on the external facade of the building as well as hanging or sticking stickers, signs, lights, banners, fabric, clothing, etc.

(n) Be responsible for accidents or acts resulting in the depreciation of the property or acts of vandalism, that are caused by the RESIDENTS themselves, their visitors or acquaintances, or persons acting against the RESIDENT or property. The RESIDENT will be financially and legally accountable for all such performances.

(o) Notify the OWNER of items that need to be fixed/replaced or tended to. All RESIDENTS must submit work orders in writing to the OWNER, before they are addressed.

(p) Submit only written complaints about other tenants

22. LIQUID FILLED FURNISHINGS: The RESIDENT shall not have any liquid filled furniture or receptacle containing more than ten gallons of liquid on the premises. Any violation is a breach of the lease, and grounds for eviction.

23. LAWN FURNISHINGS: RESIDENTS may not keep any decorative sculptures, statues, lawn furniture, toys, and the like on the lawn, for more than one day.

24. SMOKING: Smoking cigarettes, cigars, pipes, and the use of all smoking paraphernalia at any time, on the property, is strictly prohibited by RESIDENTS and any guests. Any violation of this rule is a breach of the lease, and grounds for eviction.

25. DRUGS: The use, purchase, or sale of illegal drugs by a RESIDENT, a RESIDENT'S guest, friend or acquaintance, on the premises, is strictly prohibited. Any violation is a breach of the lease, and grounds for eviction.

26. UNDER AGE DRINKING: The use of alcoholic beverages by a RESIDENT, a RESIDENT'S guest, or friend or acquaintance, that is under the legal drinking age in CT is prohibited on the premises. Any violation is a breach of the lease, and grounds for eviction.

27. WEAPONS AND FIREARMS: No RESIDENT may use or possess any weapon or instrument that could be used in self-defense or in an act of aggression on the premises. Excluding household knives and utensils, granted they are not used for anything but household services. Any violation is a breach of the lease, and grounds for eviction.

28. STORAGE: The RESIDENT may only store his personal belongings in his apartment. Any RESIDENT'S property found outside of his apartment is a breach of the lease, and grounds for eviction.

29. APPLIANCES: All appliances are on loan to the RESIDENT. The RESIDENT agrees that appliances are clean, and in sound and serviceable condition at the start of the lease. It is the RESIDENT'S responsibility to mechanically and cosmetically maintain the refrigerator and stove through out the lease and leave the appliances in similar condition, as was presented in the beginning of the lease. The RESIDENT is to pay one dollar a day/30 dollars a month for the Appliance Agreement.

30. SMOKE DETECTORS. RESIDENT acknowledges the existence of operating smoke detector(s) in the Apartment. It is the RESIDENTS responsibility to replace the battery when it is low.

31. HAZARDOUS MATERIALS. RESIDENT 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.

32. INSURANCE: RESIDENT acknowledges that OWNER'S insurance does not cover personal property damage caused by fire, theft, rain, war, acts of God, acts of others, and/or any other causes, nor shall OWNER be held liable for such losses. RESIDENT is hereby advised to obtain his own insurance policy to cover any personal losses.

33. LEGAL FEES. Should it become necessary for OWNER to employ an attorney to enforce any of the conditions or covenants hereof, including the collection of rentals or gaining possession of the Premises, RESIDENT agrees to pay all expenses so incurred, including attorneys' fees.

34. ABANDONMENT. If at any time during the term of this Lease RESIDENT abandons the Premises or any part thereof, OWNER may, at OWNER'S option, obtain possession of the Premises in the manner provided by law, and without becoming liable to RESIDENT for damages or for any payment of any kind whatever. OWNER may, at OWNER'S discretion, as agent for RESIDENT, relet the Premises, or any part thereof, for the whole the then unexpired term, and may receive and collect all rent payable by virtue of such reletting, and, at OWNER'S option, hold RESIDENT 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 OWNER by means of such reletting. If OWNER'S right of reentry is exercised following abandonment of the Premises by Lessee, then OWNER shall consider any personal property belonging to RESIDENT and left on the Premises to also have been abandoned, in which case OWNER may dispose of all such personal property in any manner OWNER shall deem proper and OWNER is hereby relieved of all liability for doing so.

35. TERMINATION: After expiration of the leasing period, this agreement is automatically renewed from month to month, but may be terminated by either party giving to the other a 30-day written notice of intention to terminate. Where laws require "just cause", such just cause shall be so stated on said notice. The premises shall be considered vacated only after all areas including storage areas are clear of all RESIDENT'S belongings, and keys and other property furnished for RESIDENT'S use are returned to OWNER. Should the RESIDENT hold over beyond the termination date or fail to vacate all possessions on or before the termination date, RESIDENT shall be liable for additional rent and damages that may include damages due to OWNER'S loss of prospective new renters.

36. CONDEMNATION: If any part of the building is condemned, OWNER shall have the right to cancel this Lease. If OWNER decides to cancel the Lease, OWNER will give RESIDENT notice within fifteen (15) days after the date of condemnation. The Lease will end on the date that we give our notice to RESIDENT. RESIDENT will not be entitled to any payment from the government because of such condemnation except for moving expenses. All other payment from the government because of the condemnation will be paid to the OWNER.

38. POSSESSION: If OWNER is unable to deliver possession of the residence to RESIDENTS on the agreed date, because of the loss or destruction of the residence or because of the failure of the prior residents to vacate or for any other reason, the RESIDENT and/or OWNER may immediately cancel and terminate this agreement upon written notice to the other party at their last known address, whereupon neither party shall have liability to the other, and any sums paid under this Agreement shall be refunded in full. If neither party cancels, this Agreement shall be prorated and begin on the date of actual possession.

39. DESTRUCTION OF PREMISES: If the premises become totally or partially destroyed during the term of this Agreement so that RESIDENT'S use is seriously impaired, OWNER or RESIDENT may terminate this Agreement immediately upon three day written notice to the other.

40. SUBORDINATION: This Lease and RESIDENT'S interest hereunder are and shall be subordinate, junior and inferior to any and all mortgages, liens or encumbrances now or hereafter placed on the Premises by OWNER, all advances made under any such mortgages, liens or encumbrances (including, but not limited to, future advances), the interest payable on such mortgages, liens or encumbrances and any and all renewals, extensions or modifications of such mortgages, liens or encumbrances.

41. PARTIAL INVALIDITY: Nothing contained in this Agreement shall be construed as waiving any of the OWNER'S or RESIDENT'S rights under the law. If any part of this Agreement shall be in conflict with the law, that part shall be void to the extent that it is in conflict, but shall not invalidate this Agreement nor shall it affect the validity or enforceability of any other provision of this Agreement.

42. NO WAIVER: OWNER'S acceptance of rent with knowledge of any default by RESIDENT or waiver by OWNER of any breach of any term of this Agreement shall not constitute a waiver of subsequent breaches. Failure to require compliance or to exercise any right shall not be constituted as a waiver by OWNER of said term, condition, and/or right, and shall not affect the validity or enforceability of any provision of this Agreement.

43. REPORT TO CREDIT/TENANT AGENCIES: You are hereby notified that a nonpayment, late payment or breach of any of the terms of this rental agreement may be submitted/reported to a credit and/or tenant reporting agency, and may create a negative credit record on your credit report.

44. LEAD NOTIFICATION REQUIREMENT: For rental dwellings built before 1978, RESIDENT acknowledges receipt of the following: (Please check)
___ Lead Based Paint Disclosure Form
___ EPA Pamphlet

45. SALE OF PROPERTY: If OWNER sells the property where this Apartment is located, OWNER shall not have any further liability to RESIDENT under this Lease for any event that happens after RESIDENT received written notice that OWNER has sold the property. In addition, if OWNER sells the property, any security deposit that RESIDENT gave OWNER will be assigned to the new owner of the property, and OWNER shall not have any further liability to return the security deposit to you.

46. INDEMNIFICATION. OWNER shall not be liable for any damage or injury of or to the RESIDENT, RESIDENT'S family, guests, invitees, agents or employees or to any person entering the premises or the building of which the premises are a part or to goods or equipment, or in the structure or equipment of the structure of which the premises are a part, and RESIDENT hereby agrees to indemnify, defend and hold OWNER harmless from any and all claims or assertions of every kind and nature.

47. RECORDING OF AGREEMENT. RESIDENT shall not record this Agreement on the Public Records of any public office. In the event that RESIDENT shall record this Agreement, this Agreement shall, at OWNER'S option, terminate immediately and OWNER shall be entitled to all rights and remedies that it has at law or in equity.

48. SEVERABILITY. If any provision of this Agreement or the application thereof shall, for any reason and to any extent, be invalid or unenforceable, neither the remainder of this Agreement nor the application of the provision to other persons, entities or circumstances shall be affected thereby, but instead shall be enforced to the maximum extent permitted by law.

49. BINDING EFFECT. The covenants, obligations and conditions herein contained shall be binding on and inure to the benefit of the heirs, legal representatives, and assigns of the parties hereto.

50. DESCRIPTIVE HEADINGS. The descriptive headings used herein are for convenience of reference only and they are not intended to have any affect whatsoever in determining the rights or obligations of the OWNER or RESIDENT.

51. CONSTRUCTION. The pronouns used herein shall include, where appropriate, either gender or both, singular and plural.

52. CHANGE OF TERMS: The terms and conditions of this agreement are subject to future change by OWNER when deemed necessary. The RESIDENT may not change or renegotiate the terms of agreement until the lease has expired or the OWNER agrees to the proposed changes. If RESIDENT should move from the premises prior to the expiration of the lease, he shall be liable for all rent due until such time that the residence is occupied by an OWNER approved paying RESIDENT and/or expiration of said time period, whichever is shorter. Any changes are subject to laws in existence at the time of the Notice of Change Of Terms.

53. MODIFICATION. The parties hereby agree that this document contains the entire agreement between the parties and this Agreement shall not be modified, changed, altered or amended in any way except through a written amendment signed by all of the parties hereto.

54. ADDITIONS AND/OR EXCEPTIONS ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

55. NOTICES: All notices to RESIDENT shall be served at RESIDENT'S premises and all notices to OWNER shall be served at:

Michael Andrew Scrivan
Property Manager

230 Edna Ave
Bridgeport, CT 06610

56. INVENTORY: The premises contains the following items, that the RESIDENT may use. _______________________________________________________________.

57. KEYS AND ADDDENDUMS: RESIDENT acknowledges receipt of the following which shall be deemed part of this Agreement: (Please check)
___ Keys #of keys and purposes ___________________________________________
___ House Rules ___ Pet Agreement ___ Appliance Agreement______

58. ENTIRE AGREEMENT: This Agreement constitutes the entire Agreement between OWNER and RESIDENT. No oral agreements have been entered into, and all modifications or notices shall be in writing to be valid.

59. RECEIPT OF AGREEMENT: The undersigned RESIDENTS have read and understand this Agreement and hereby acknowledge receipt of a copy of this Rental Agreement.

RESIDENT'S Signature ___________________________________________________ Date__________________

OWNER'S Signature ____________________________________________ Date__________________

(No representation is made as to the legal validity or the adequacy of any provision in this Agreement. If you desire legal advice, consult your attorney.)