Carl-Co Investments LLC

WWW.CARL-CO INVESTMENTS.COM

3640 W. CALLE CINCO

GREEN VALLEY, ARIZONA 85614

Residential Rental Agreement

Address information here

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THIS AGREEMENT IS ENTERED INTO THIS 01ST DAY OF ______2007, BY AND BETWEEN CARL-CO INVESTMENTS LLC HEREINAFTER CALLED LANDLORD AND ______HEREINAFTER CALLED TENNANT(S). WHEREAS TENNANT(S) AGREE TO LEASE FROM THE LANDLORD THE ABOVE DESCRIBED PROPERTY.

UPON THE FOLLOWING COVENANTS AND CONDITIONS:

I: TERM) THE TERM OF THIS AGREEMENT SHALL BE FOR A CONSECUTIVE TWELVE (12) MONTHS BEGINNING ON ______AND ENDING ON ______.

II: RENTS) THE AGREED UPON RENT AMOUNTS SHAL BE $______US DOLLARS PER EACH MONTH AND IS DUE AND PAYABLE IN ADVANCE ON THE FIRST (1st) DAY OF EACH MONTH. A LATE CHARGE OF $10.00 PER DAY SHALL BE ADDED TO THE CURRENT MONTHS RENT FOR ALL UNPAID MONIES.

III: SECURITY DEPOSIT) A REFUNDABLE SECURITY DEPOSIT IN THE AMOUNT OF: $______HAS BEEN PAID TO THE LANDLORD. THE DEPOSIT CANNOT BE USED AS RENT AND IS REFUNDABLE TO THE EXTENT THAT AT THE EXPIRATION OF THIS RENTAL AGREEMENT, THE TENNANT(S) LEAVE THE PROPERTY IN THE SAME CONDITION EXISTING AS WHEN THE TENNANT(S) FIRST HABITATED THE PROPERTY. ANY DAMAGES OR EXTRAORDINARY CONDITIONS REQUIRING REPAIR, EXISTING ON THE DATE THE TENNANT(S) VACATE THE PREMISIS; WILL BE DEDUCTED FROM SECURITY DEPOSIT. AFTER SUCH REPAIRS ARE MADE THE BALANCE OF THE DEPOSIT WILL BE REFUNDED TO TENNANT(S) WITHIN 14 DAYS AS PROVIDED BY AZ. LAW.

IV: RENEWAL) RENEWAL OF THIS AGREEMENT WILL NOT BE LESS THAN 30 (THIRTY) DAYS PRIOR TO THE EXPIRATION DATE. TENNANT SHALL NOTIFY LANDLORD IN WRITING OF INTENT TO CONTINUE AGREEMENT FOR AN ADDITIONAL PERIOD. IF TENNANT(S) ELECT NOT TO CONTINUE OCCUPANCY OF THE PREMISIS TENNANT(S) UNDERSTAND THAT LANDLORD (WITH REASONABLE NOTICE) WILL BE PROVIDED ACCESS TO PROPERTY FOR THE PURPOSE OF SHOWING THE PROPERTY TO PERSPECTIVE TENNANTS.

V: ALTERATIONS) THE TENNANT(S) SHALL MAKE NO ALTERATIONS, ADDITIONS OR IMPROVEMENTS WITHIN OR OUTSIDE THE PREMISIS WITHOUT THE WRITTEN APPROVAL OF THE LANDLORD.

VI: REPAIR AND MAINTENANCE: THE TENNANT(S) SHALL AT ALL TIMES KEEP THE PREMISIS IN A FIT AND HABITABLE CONDITION. TENNANT(S) ARE RESPONSIBLE FOR ALL REPAIRS (CAUSED BY NORMAL WEAR AND TEAR) UNDER THE AMOUNT OF $50.00. TENNANT(S) SHALL MAINTAIN RENTERS INSURANCE FOR PERSONAL PROPERTY FOR THE DURATION OF THIS AGREEMENT.

VII: SERVICES) THE LANDLORD WILL PROVIDE THE FOLLOWING SERVICES AS A PART OF THE BASE RENT AMOUNT: ELECTRICITY, WATER, TRASH, SEWER AND NATURAL GAS.

LANDLORD RESERVES THE RIGHT TO NEGOTIATE A MONTHLY SUR CHARGE FOR EXCESSIVE UTILITY USAGE (OVER 50.00/Mo. averaged throughout the lease period)

VIII: INSPECTION) EXCEPT IN CASE OF EMERGENCY OR WHERE NOTICE IS IMPRACTICAL, ARIZONA LAW WILL GOVERN ACCESS.

IX: BREACH) FAILURE OF THE TENNANT(S) TO FULLY PERFORM ANY OR ALL OF THE CONDITIONS OF THIS AGREEMENT WILL BE CONSIDERED BREACHED AND THE REMAINDER OF THE LEASE AGREEMENT WILL BE DUE AND PAYABLE IMMEDIATELY.

X: DISCLOSURE) THE LANDLORD HEREBY DISCLOSED THE FOLLOWING TO TENNANT(S): PERSON AUTHORIZED TO ACT IN BEHALF OF THE LANDLORD IS:

CAROL KEEGAN (CARL-CO INVESTMENTS LLC) AND CAN BE REACHED AT: 602-550-5470

A FREE COPY OF THE TENNANT LANDLORD ACT IS AVAILABLE ON THE SECRETARY OF STATE WEBSITE AT WWW.AZSOS.GOV

LEGAL SERVICES ARE CONTRACTED TO: CURTIS AND COHN PLC (ATTORNEY AT LAW)

CERTIFIED SPECIALISTS IN REAL ESTATE LAW

*8700 EAST VIA DE VENTURA*SUITE 320*SCOTTSDATE, ARIZONA 85258.

XI: OTHER CONDITIONS) TENNANT(S) ARE RESPONSIBLE FOR ALL OTHER SERVICES NOT MENTIONED IN SECTION VII. TENNANT(S) OF THIS UNIT ARE RESPONSIBLE FOR MAINTAINING THE ENTIRE FRONT PATIO/YARD AREA. PLEASE DO NOT PUT IT OUTSIDE IF IT ORIGINALLY WAS NOT DESIGNED TO BE OUTSIDE. THE LANDLORD IS NOT RESPONSIBLE FOR INJURIES TO TENNANT(S) OR VISITORS. TENNANTS MUST ADHEAR TO ALL LAWS/RULES OF THE ______. INFRINGEMENT OF THESE HOA ORDINANCES WILL NECESSITATE THE EVICTION OF THE TENNANT(S). SMOKING IS NOT PERMITTED IN ANY PART OF THIS UNIT.

XII: SIGNATURES) THIS AGREEMENT IS SIGNED BY BOTH PARTIES ON THIS 01ST DAY OF ______:

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TENNANT #1 SS# D/L#

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TENNANT #2 SS# D/L#

A COMPLETE COPY OF THIS EXECUTED AGREEMENT AS WELL AS ALL PERTINENT HOA INFORMATION HAS BEEN PROVIDED TO THE ABOVE NAMED TENNANT(S)

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TENNANT #1/DATE: TENNANT #2/DATE:

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CARL ZIMMERMAN DATE:

FOR CARL-CO INVESTMENTS LLC:

www.carlcoinvestments.com