Hampton Apartments Llc

HAMPTON APARTMENTS LLC.

LEASE AGREEMENT

NOTICE: Michigan law establishes rights and obligations for parties to rental agreements. This agreement is required to comply with the Truth in Renting Act. If you have a question about the interpretation or legality of a provision of this agreement, you may want to seek assistance from a lawyer or other qualified person.

The Landlord, HAMPTON APARTMENTS, LLC.of 37020 Garfield, Suite T-1, Clinton Township, Michigan48036, and the Tenant(s) as noted and dated on the signature block, enter into this Lease Agreement. The Tenant leases from the Landlord, subject to the provisions of this Lease, an apartment unit together with any furnishings, fixtures, personal property, and appurtenances furnished by the Landlord for the Tenant's use. The term of this Lease shall begin on the date noted below and end one year later plus any days left over in any partial month should the term begin other than the first of the month. Landlord and the Tenant agree to the following conditions and provisions:

1. Leased Unit is commonly referred to as:

Monroe, Michigan 48162

2. Lease start date and ends on midnight . Rent is due the first day of each month. Should Tenant fail to live out the term of this lease, Tenant hereby agrees to pay all charges to re-rent the unit, including but not limited to commissions and all turnover expenses. Any rent collected under this Lease shall be non-refundable under any circumstances.

3.

Monthly Rent:$ (which shall be deemed rent for the month of )

Monthly Pet Fee:$

Security Deposit:$

Pet Fee: Non-refundable$

Admin Fee:Non-refundable$

Subtotal:$ 0.00

Less Deposits.$

Less Specials** $ 0.00

**The full amount of any specials shall become due and payable upon default of this Lease, including but not limited to failure to live out the term hereof. Anymonthly rent specials, if any, shall be credited only if paid before payment is late.

TOTAL DUE$ 0.00DATE PAID:______CASHIER’S or M.O. NO. ______

4.Utilities: Tenant shall be responsible for all utilities which are individually metered to this unit beginning on the earlier of the commencement date of this Lease as specified above or the date Tenant has been granted possession of this unit by accepting the keys. If such utilities or services are not individually metered but apportioned by a method approved by the local municipality or state law, then Tenant shall pay for such utility or service Tenant shall be responsible for these utilities until the end of the Lease term or the date keys and possession of the Leased Unit is returned to Landlord, whichever is later. Tenant shall be solely responsible for having the billing on these accounts transferred into their own name. Certain utilities may be left on as a courtesy to you during your move, if you continue using these utilities without transferring them into your own account; it may be considered a theft of utilities punishable by law. Landlord expressly reserves the right to terminate any utilities not transferred into Tenant’s own account.

5.Tenant acknowledges receipt of an inventory checklist form for the Leased Unit. If this checklist is not returned to the Landlord within seven (7) days from this date, the Landlord and the Tenant may assume that no real or personal property at the Leased Unit is damaged or flawed in any respect.

6.Tenant acknowledges receipt of this entire fully executed Lease Agreement.

7.Security Deposits are insured by a bond at Cambridge Underwriters PO Box 511077, Livonia, MI 48151.

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8.Rent. The Tenant shall pay the Landlord, by check or money order, at the address stated above or an address designated by the Landlord in monthly installments, as noted in Section 3 above, due and payable on the first day of each month during the term of this Lease and any renewals thereof. Any payment received after the first day of the month shall be considered a late payment. In addition to the rent, the Tenant shall pay the Landlord a fee of 10% of the monthly rent for each monthly installment not actually received by the Landlord by the 5th day of the month plus attorneys fees. IT IS THE TENANT’S RESPONSIBILITY TO GET THE PAYMENT TO THE LANDLORD. This late fee shall be considered additional rent and shall compensate the Landlord for costs incurred because of late payments. Tenant hereby acknowledges that late payment by Tenant to Landlord of rent or other sums due hereunder will cause Landlord to incur cost not contemplated by this Lease, the exact amount of which will be extremely difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges, and late charges which may be imposed upon Landlord by terms of any mortgage or trust deed covering the Leased Premises. The parties agree that such late charges represent a fair and reasonable estimate of the cost that Landlord will incur by reason of the late payment by Tenant. Acceptance of such late charges by the Landlord shall in no event constitute a waiver of Tenant's default with respect to such overdue amount, nor prevent Landlord from exercising any of the other rights and remedies granted hereunder. The Landlord's right to collect this additional rent shall be in addition to the Landlord's right to take action under other provisions of this Lease for the Tenant's default in paying rent. Tenant shall not be entitled to or gain the right to make continued late payments by reason of Landlord’s past acceptance of late payments. All rent paid after the due date and payments to cover checks that have been returned for insufficient funds must be paid at the place designated for payment, by cashier's check, certified check, or money order. Any check returned for insufficient funds will be charged a late fee. If the Tenant fails to pay rent or any other sums when due to the Landlord, the Landlord serves a notice of default on the Tenant as required by law, and if the Tenant fails to remit the amounts when due, additional costs such as court filing costs, judgement fees and attorney fees incurred by the Landlord in enforcing the Landlord's remedies which are allowed by statute shall be added to the amount due.

9.Security Deposit. The Tenant has deposited with the Landlord the amount noted in Section 3 as a security deposit being held at the institution designated in the Section 7 to reimburse the Landlord for actual damages to the rental unit or ancillary facilities that directly result from conduct not reasonably expected in the normal course of habitation of a dwelling. The Tenant also agrees to pay the Landlord for all rent in arrearage or due for premature termination of this Lease by the Tenant and for any of the Tenant's utility bills not paid by the Tenant. The Tenant is liable for any balances remaining unpaid after the Landlord applies the security deposit to such amounts. This deposit may not be used as the last month's rent.

10.Pets. Neither the Tenant nor their guest shall permit any animals or other creatures into the Leased Unit without the written consent of the Landlord. Said consent is at the sole discretion of the Landlord. Landlord reserves the absolute right to revoke any such consent without notice and without stating a reason for doing so. Landlord also reserves the absolute right to determine what constitutes a pet and reserves the right to change such definition at any time without notice. Landlord also reserves the right to allow the Tenant to have a pet on a case by case basis. Tenant agrees to pay per month in additional rent the amount as noted in Section 3 of this Lease for owning a pet.

11.Use. The Tenant shall use the Leased Unit solely as a singlefamily residence. No persons other than those listed on the application shall occupy the Leased Unit for more than seven days during the term of this Lease without prior written consent from the Landlord or Landlord shall have the right to terminate such lease and reenter the Leased Unit.

12.Condition of the Leased Unit. The Tenant acknowledges that no representations about the condition of the Leased Unit or promises to alter or improve the Leased Unit before or during the term of the Lease have been made except as contained in this Lease.

13.Maintenance, repairs, and damage of Leased Unit. Throughout the term of the Lease, the Tenant shall maintain the Leased Unit in good condition and shall allow no waste of the Leased Unit or any utilities. The Tenant shall be liable for any damage to the Leased Unit or to the Landlord's other property that is caused by the acts or omissions of the Tenant or the Tenant's guests. Landlord shall not be liable to any Tenant, guest, or occupant for personal injury or damage or loss of personal property from any cause including, but not limited to: fire, smoke, rain, flood, water and pipe leaks, hail, ice, snow, lightning, wind, earthquake, hurricane, negligence of other tenants, occupants or guests, explosions, interruptions of utilities, theft, or vandalism. Landlord shall have no duty to remove any ice, sleet or snow but may remove such amount or portion thereof with or without notice.

14.Decorations and alterations. Other than hanging decorations on the walls with nails or other materials approved by the Landlord, the Tenant shall not alter or decorate the Leased Unit without prior written consent from the Landlord. The Landlord's consent to a particular decoration or alteration shall not be deemed consent to future decorations or alterations. The Tenant shall not remove any furnishings the Landlord furnishes to the Tenant, drive nails into the woodwork, or use any adhesive material on the walls without prior written consent from the Landlord.

15.Assignments and subleases. The Tenant shall not assign this Lease or sublease any part of the Leased Unit.

16.Interruption of services. As long as the Leased Unit are habitable and the Landlord makes any repairs or improvements within a reasonable period of time, any interruption of services or utilities, inconvenience, or discomfort arising from repairs or improvements to the Leased Unit shall not affect this Lease, reduce the rent, or be construed as an eviction of any nature.

17.Prohibitions. Neither the Tenant nor the Tenant's guests shall:

a.install any equipment or appliances that, in the Landlord's opinion, cause an unsafe condition on the Leased Unit;

b.accumulate refuse in or around the Leased Unit that might pose a health hazard to the Tenant or to the Tenant's neighbors;

c.allow any activity on or around the Leased Unit that would result in an increase in fire insurance premiums for the Leased Unit;

d.permit any flammable liquids or explosives to be kept on or around the Leased Unit;

e.permit on the Leased Unit any act that would injure the Landlord's reputation or interfere with the rights or the quiet enjoyment of other persons;

f.change or install any locks on the Leased Unit or in the building where the Leased Unit are located without written consent from the Landlord;

g.bring any water beds, floor safes, or other heavy objects on the Leased Unit;

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h.permit any laws to be violated on the Leased Unit

i.store automobiles which are not regularly used, licensed and in good appearance and condition

18.Access to the Leased Unit. The Tenant shall allow the Landlord and the Landlord's agent’s reasonable access to the Leased Unit to inspect, repair, alter, or improve the Leased Unit. The Tenant shall also allow insurance carriers and representatives, fire department inspectors, police, or local health authorities to inspect the Leased Unit to the extent permitted by law. The Tenant shall allow the Landlord or the Landlord's agents to show the Leased Unit to prospective Tenants at reasonable times during the 60 days before Tenant vacates the Leased Unit and also to prospective purchasers on reasonable notice to the Tenant.

19.Abandonment of the Leased Unit. If the Tenant removes substantially all the Tenant's property from the Leased Unit, the Landlord may immediately enter and redecorate the Leased Unit without abatement of rent, and these acts shall not affect the Tenant's obligations under this Lease. If the Tenant abandons the Leased Unit before the Lease expires, all rent for the remainder of the term of the Lease shall immediately become due. However, the Tenant may not be liable for the total accelerated amount because of the Landlord's obligation to minimize damages, and either party may ask a court to determine the actual amount owed, if any.

20.Property loss or damage and Renter’s Insurance. To the extent permitted by law, the Landlord and the Landlord's agents shall not be liable for any damage to property or loss of property that is caused by theft or casualty at or about the Leased Unit. The Landlord requires that the Tenant obtain renter’s insurance to protect the Tenant's personal property against such loss or damage prior to and at all times during Tenant’s occupancy of the Leased Unit. Tenant's personal property and other effects are not covered under Landlord's insurance and Tenant shall only look to such renter’s insurance for reimbursement for any such damages. Tenant shall provide a certificate of coverage in the name of the Landlord requiring notification to Landlord in the event the policy is terminated for any reason. In the event such renter’s insurance is terminated for any reason, Landlord may, but shall not be required, purchase a new policy or continue payments on existing Tenant’s renter’s insurance policy or secure other similar insurance coverage and bill the amounts due for such monthly premiums to Tenant as additional rent. Tenant agrees to pay such monthly premium charges as additional rent.

21.Damage or destruction of Leased Unit. If a casualty partially destroys the Leased Unit but they can be restored to a tenantable condition, the Landlord shall repair the Leased Unit with reasonable dispatch; however, the Landlord's obligation to repair the Leased Unit shall be limited to the amount of insurance proceeds actually received by the Landlord and Landlord’s ability to access the Leased Unit. Tenant agrees to remove their personal property from the Leased Unit upon the request of the Landlord in order to effectuate necessary repairs. The Tenant's obligation to pay rent shall be suspended while the Leased Unit is untenantable. If a casualty damages the Leased Unit to the extent that they cannot be restored to a habitable condition within a reasonable period of time, either party may terminate this Lease by giving the other party written notice within 30 days after the casualty. The Landlord shall not be liable for any delay or for providing housing for the Tenant during repairs. In no event should Landlord be required to file a casualty insurance claim if said casualty was caused by tenant and/or tenant’s guest negligence. In the event a casualty was caused by tenant and/or their guests Landlord may either 1) repair the Leased Unit before or after collecting the amount of such damage from Tenant or 2) repair the Leased Unit using casualty insurance proceeds and collect any deductible from Tenant or 3) terminate this lease, require Tenant to vacate and collect all damages or deficiencies in insurance proceeds from Tenant. Landlord does not maintain insurance to cover Tenant’s, or their occupants, or their guest’s personal property or personal injury.

22.Termination. When this Lease terminates, the Tenant shall surrender possession of the Leased Unit to the Landlord in the condition they were in when they were delivered to the Tenant, except for normal wear and tear. The Tenant shall also return all keys for the Leased Unit to the Landlord.

23.Default and the Landlord's remedies. If Tenant defaults on any of the obligations under this Lease including vacating prior to the Lease expiration or being asked to leave because of problematic behavior or receiving more than three warning notices, or misrepresents any information in the application for this Lease, or violates any rules and regulations, the Landlord may, on written notice to the Tenant, terminate the Lease and enter the Leased Unit as permitted by law. The Tenant and any other occupants shall surrender the Leased Unit to the Landlord by the date stated in the notice. If the Landlord terminates the Lease, the Landlord may recover the Landlord's expenses for enforcing the Landlord's rights under the Lease and applicable law, including court costs and attorney fees, from the Tenant, as permitted by statute, and rent for the remainder of the term of the Lease shall immediately become due. The Tenant may not be liable for the total accelerated amount because of the Landlord's obligation to minimize damages, and either party may ask a court to determine the actual amount owed, if any.