RENTAL LEASE for ____________________________ Apts, Owner.
Received from ________________________________________________ hereinafter referred to as resident, the sum of
$ _____________________ ( ______/_____/______ ) evidenced by Check #_________ or Money Order made payable to
OWNER stated above, which upon acceptance of lease agreement, Owner/Agent, also hereinafter referred to as Landlord,
shall apply as Security deposit. If lease is not accepted by landlord, deposit will be returned and lease shall be null and void.
If after acceptance, resident fails to pay rent and take possession of unit, for whatever reason, deposit shall be forfeited and
landlord shall sue for specific performance. Full deposit must be paid and a fully executed lease returned to Landlord within
15 days of application or landlord has the option to refund deposit and cancel lease. Applicant acknowledges that Excel
Property Mgmt., Inc. is a licensed property management company and does hereby release agent from obligation to place
deposit into a “broker’s trust account”. See page 2, #15 for refund of deposit conditions. A non-refundable $25.00 fee is due
Resident agrees to lease from Landlord the premises situated in the City of St. Cloud, County of Stearns, State of
MN, described as ________-________________________________________Apt.# ______________ Room # _______.
Term: Lease shall commence on the first day of ________________, 20__ and continue until NOON on the
______day of _________________20____, or 2 days prior to last day of month moving. Resident must give written 60 day
notice to vacate. If written notice is not given and lease is not extended for another term, tenancy will change to month-to
month lease with a 60 day written notice required to vacate.
Contract rent, payable to OWNER named above, shall be a total of $_______________rent and $________
First payment of $ _________ plus $_______garage is due on ___________, 20___, and a full monthly rent payment is due