Rent and Payment Terms: Rent is to be paid monthly in advance, unless otherwise specified in the lease agreement. A 10% penalty will be applied to late payments after a 7-day grace period.

Security Deposit: A refundable security deposit equal to one month’s rent is required. This deposit covers any damages beyond normal wear and tear, as well as unpaid utility bills. The deposit will be refunded at the end of the tenancy, subject to an inspection of the property.

Maintenance and Repairs: Tenants are responsible for routine maintenance (e.g., light bulbs, minor repairs). The landlord will handle major repairs involving the structure, plumbing, and electrical systems. Tenants must report any necessary repairs promptly.

Property Use: The property is strictly for residential purposes. Subletting or assigning the lease to a third party without written consent from the landlord is prohibited.

Conduct and Behavior
Tenants must refrain from engaging in any illegal activities on the premises. Reasonable noise levels must be maintained at all times to avoid disturbing neighbors.

Termination and Notice Period: A three-days written notice is required by either party to terminate the lease agreement. Early termination without proper notice may result in the forfeiture of the security deposit.

Property Inspections: The landlord reserves the right to inspect the property with at least 24 hours' notice to ensure compliance with the terms of the lease.

Utility Payments: Tenants are responsible for the prompt payment of all utility bills, including electricity, water, and waste disposal. Failure to pay utility bills on time may result in penalties or discontinuation of services.

Alterations to the Property: Tenants must obtain written permission from the landlord before making any structural alterations or modifications to the property.

Legal Compliance: Both parties agree to abide by the local tenancy laws and regulations applicable to the lease and rental property.