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Initialed for Identification by Tenant(s) , , , , , , and Owner Representative

Residential Lease Agreement

1

RESIDENTIAL LEASE AGREEMENT

1. PARTIES – This Residential Lease Agreement is between you, the Tenant(s), and CAMPUS Realtors,

hereinafter referred to as “Owner Representative.” [The terms “you” and “your” refer to all residents listed

in this agreement. The terms “we,” “us” and “our” refer to the CAMPUS Realtors and no one else.] The

Property will be occupied only by those Tenant(s) listed below. No one else may occupy the Property.

Tenant(s) must promptly inform Owner Representative of any changes to the information below. Persons

not listed below may not occupy the Property for more than three (3) consecutive days without our prior

written consent.

_______________________________ _______________________________

2. PROPERTY – Owner Representative agrees to lease to Tenant(s) the [check one]:

 Apartment

 Condominium/Townhome

 Single Family Home

 Duplex / Triplex / Quadplex

Located at ____________________________, as a private residence only.

3. TERM OF LEASE AGREEMENT – This Lease Agreement commences on ________________

(Commencement Date) and terminates at 12:00 P.M. on ___________________ (Termination Date). This

Lease Agreement will automatically terminate on the given Lease Agreement termination date, unless

Tenant(s) express the desire to renew contract via written notice on the renewal form, which will be

distributed to Tenant(s) by Owner Representative at Owner Representative’s discretion.

4. RENT AND OTHER CHARGES–

A. Monthly Rent - Tenant(s) will pay twelve equal payments of $__________ which will be due at

the 1st of each month. Rent will be considered late on the 4

th

day of each month. Tenant(s) must

pay all rent by check, money order, or via our online payment options. If Tenant(s) are mailing

checks, they must be mailed to 1201 S. 8

th

Street Waco, TX 76706 and postmarked no later than

the 3

rd

of the month in order to be timely.

B. Late Fees - We will not impose late charges until after the 3

rd

day of the month. Beginning on the

4

th

day of the month, a late fee charge of $25 will be charged and an additional daily charge of $10

until we receive payment in full. An additional $50 late fee will be charged if rent is still not paid

on the 10

th

of the month. You are obligated to pay all late charges when imposed. If you don’t

pay rent on time, you will be in default and all remedies under all State and Federal laws and this

Lease Agreement will be authorized.

C. Returned Checks - In addition to a late fee, a $25 insufficient funds fee for returned checks or ACH

payments that don’t clear the bank for any reason will be assessed.

D. Administration Fee - Upon signing of Lease Agreement, Tenant(s) will be charged a $50

administration fee.

5. SECURITY DEPOSIT – The total security deposit for all residents is ___________, due on or before the

date this Lease Agreement is signed. The security deposit must be paid with secured funds, and cash will

not be accepted.

Also, ALL tenants must have a guarantor form filled out, signed and returned within 48 hours of Lease

Agreement signing or this Lease Agreement can be voided at the discretion of the Owner Representative.

Security deposit refund check and any deduction itemizations will be by one check payable to

____________ (name of one tenant) and mailed to ____________________________________ (address).

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