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LEASE AGREEMENT

THIS LEASE AGREEMENT made and entered into this day by and between ______________________________ __________________________________________________ (“Owner”) and ______________________________ __________________________________________________ (“Tenant”) whose HOUSEHOLD consists of the following members: _________________________ _________________________ _________________________ _________________________ _________________________ _________________________

(No other person may reside in the unit without prior written approval by the Owner, failure to do so is grounds for termination of tenancy.) The Contract unit is located at: ______________________________________________ Apt. __________ City: ___________________________ State: ______________ Zip: _____________ The total initial monthly rent is $______________ per month. The rent is due on the ________ day of the month beginning on ______________, _________. The Tenant has deposited $____________ with the Owner as a security deposit. The amount of the rent to Owner is subject to change during the lease term in accordance with this lease. In Burlington, Owner must send a written notice of rent increase to Tenant a minimum of 90 days (3 full rental periods) prior to the effective date of the rent increase either prior to the expiration of the initial term of the lease or at any time after the tenancy has converted to a month-to-month term. In all other locations, Owner must give Tenant a minimum of 60 days (2 full rental periods) written notice of any rent increase. 1. Term of Lease. Initial term of lease. The initial term begins on: ____________________. The initial term ends on: __________________. Following the initial term, the lease will be renewed automatically on a month-to-month basis until: (1) termination of the lease by the Owner in accordance with paragraph 6 or upon a minimum of thirty (30) days written notice (one full rental period) if the Tenant has resided in the apartment for...