404 East 4500 South, Suite #B22 - Murray, UT 84107

Office Phone #: (801) 747-Cash

RESIDENTIAL LEASE AGREEMENT

1. Parties. This lease agreement is entered into effective this ____ day of
_________________ 200__ by and between _________________________ ("Landlords"),
and _______________________________ of _____________________________________
_________________________________(“Tenant(s)”).

2. Address. The leased premises are located at:

__________________________________________________________________________.

3. Term. This agreement shall be for a term of ______ months, commencing on

______________________ and ending on _________________________.

4. Rent. The monthly rental for said property shall be $___________. Tenant shall pay
rent to Landlord, payable to __________________, at the address set forth above, or at
such other address as Landlord shall direct. Rent will be payable on a monthly basis, in
advance, each monthly payment being due on the first day of each calendar month.

5. Security Deposit. Upon execution of this Lease, Tenant shall deposit the sum of
$___________ with Landlord, as a security deposit to secure Tenant’s faithful performance
of the terms of this agreement. Of this deposit, $_________ shall be refundable, and
$_________ shall be non-refundable. Tenant shall not have the right to apply the security
deposit to the last month’s rent. Landlord may use the security deposit for cleaning the
premises, for any unusual wear or tear to the premises or common areas, and for any
unpaid rent or fees due under this lease. Damage to the premises exceeding the deposit
amount will be a liability to the Tenant.

6. Maintenance and Repairs. Landlord will maintain in functional and good working order
the roof, foundation and structural walls (meaning load bearing support and related
structural members) of the premises, except for any damage thereof caused by any act or
negligence of Tenant, its agents, or licensees. Tenant agrees to repair and maintain ALL
other aspects of the Premises during the entire term of the Lease. Without limiting the
generality of the foregoing, Tenant agrees to keep the premises, interior and exterior, in
good condition and repair. By signing this contractual lease agreement, Tenant clearly
understands that this home is being delivered and rented from landlord to tenant in AS-IS
Condition. Tenant has therefore inspected the property and clearly understands. If there is
any issues that the tenant feels adamant about addressing prior to the execution of this
lease, Tenant needs to make concerns known to Landlord and give the Landlord a
reasonable amount of time to rectify the situation. After signing this lease, Tenant will be
responsible for any and all matters pertaining to the home with exception to the above
terms. Tenant further agrees to maintain the yard in desirable condition, including
weeding, watering, cutting and hauling as well as trimming shrubs and removing snow on
the sidewalks and driveway. Tenant is renting at their own risk and Landlord will not be
held responsible for any harm or injury resulting from the maintenance of the property.
Tenant is not relying on any representations of Landlord in entering into the Lease, except
those contained herein.

7. Utilities. Tenant shall pay for all utilities and services supplied to the premises including
power, gas, water/sewer, etc. Tenant has 3 calendar days to transfer all utilities into the
renter’s name or There will be a $10 charge for every day that the utilities haven’t been
transferred. Upon move-out Tenant shall also pay a $30.00 lock change fee upon
termination of the Lease.

8. Late Fees. In the event rent is not paid within five (5) days after the due date, Tenant
shall pay Landlord a $50.00 late fee. In the event rent is not received and delivered with
CERTIFIED FUNDS OR CASH (cashiers check, money order, etc) there will be a non-
negotiable $25 late charge for every calenday day that rent has not been delivered to
Landlord. Interest shall accrue on all past due amounts, including late penalties, at the rate
of eighteen percent (18%) per annum. All payments by Tenant shall be applied first to late
fees, interest and other charges due hereunder prior to being applied to past due rent.

9. Bad Checks. If both Landlord and Tenant agree to accept and pay rents via personal
check, in the event of a dishonored check for rent or late fees, Tenant must thereafter
tender only cash or certified funds for all future payments. In addition, Tenant shall pay a
dishonored check fee of $100.00. Tenant _______ _______ Landlord ________ to initial if
personal checks will be accepted at the signing of this lease.

10. Use and Occupants. The premises are for residential use only, and shall be occupied
by the undersigned. Other authorized occupants include: ________________________
_______________________. Occupancy by Tenant’s guests staying over seven (7) days
without Landlord’s consent shall be in violation of this agreement and will result in an
immediate rent increase of $________ per month for each additional person.

11. Parking. Only vehicles that are currently operational, currently registered in Tenant’s
name in the State of Utah, and which are not leaking any substance may be parked on the
premises.

12. Assignment and Subletting. Tenant shall not lease, sublease or assign the premises
without the prior written consent of the Landlord.

13. Condition of the Premises. Tenant acknowledges that the premises have been
inspected, including window and floor coverings, appliances, paint, fixtures, and
appurtenances, and Tenant has found them to be clean and in complete working order,
except as noted below:

Tenant promises to maintain the premises in a clean, safe, and sanitary manner, and to
return the premises in a condition identical to that which existed when Tenant took
occupancy, excepting normal wear and tear. Tenant shall immediately reimburse Landlord
for any sums necessary to repair or replace any item, fixture, or appurtenance in or around
the premises that needs service due to Tenant’s own misuse or negligence or that of
Tenant’s guests or other occupants.

14. Alterations. Tenant shall not make any material or structural alterations, additions, or
improvements to the premises, including antennas, satellite dishes, lighting fixtures,
dishwashers, washing machines, dryers, without the prior written consent of Landlord.
Tenant shall not change locks, replace flooring or carpet, paint, or wallpaper without
Landlord’s prior written consent. Tenant shall indemnify and hold harmless Landlord from
any liens arising out of any work performed, materials supplied, or obligations incurred at
the request of Tenant. Any alterations made to the premises shall become the property of
the Landlord at the end of the lease term and shall be surrendered with the premises.

15. Noise and Nuisance. Tenant and Tenant’s guests and invitees shall not disturb, annoy,
or otherwise interfere with the peaceful enjoyment of the neighbors. Tenant shall not
violate any law, ordinance, or health code, or commit or permit waste or nuisance in or
about the premises.

16. Pets. No pet or animal of any kind may be brought on the premises by Tenant or
Tenant’s family, guests or invitees without the express written consent of Landlord. In the
event Tenant breaches this provision, Landlord may charge and collect a fee of $20.00 per
day, in addition to actual damages caused by the animal, and Tenant will be subject to
forfeiture of this lease.

17. Landlord’s Right of Entry and Inspection. Landlord and his agents may enter the
premises during normal business hours and upon reasonable advance notice of at least 24
hours to Tenant, for the purpose of inspection or repair of the premises, or to show the
premises to prospective tenants, purchasers, lenders, appraisers, or other product or
service suppliers. In case of an emergency, no notice need be given. Tenant shall not
unreasonably deny access to, or withhold consent to enter the premises.

18. Repairs by Landlord. Except in an emergency situation, Tenant shall notify Landlord in
writing of all requests for service and repairs. Landlord shall act with reasonable diligence
in making repairs that are the responsibility of Landlord. Rent shall not abate, and Tenant
shall not withhold rent during such period necessary to effect Landlord’s repairs. Pursuant
to Utah Code Ann. 57-22-4, Landlord may refuse to correct or remedy any condition
caused by Tenant or Tenant’s family, guests, or invitees by inappropriate use or misuse of
the property during the rental term or any extension of it.

19. Tenant’s Insurance. Tenant is admonished to secure a personal property insurance

policy to cover any losses sustained to Tenant’s personal property or vehicles. It is hereby
acknowledged that Landlord does not maintain insurance to cover losses to Tenant’s
personal property which may be caused by theft, vandalism, fire, rain, water overflow/
leakage, acts of God, or any other causes, and Landlord bears no liability for such losses.

20. Subordination. Upon request of the Landlord, Tenant will subordinate its rights
hereunder to the lien of any mortgage or mortgages, or the lien resulting from any other
method or financing or refinancing, now or hereafter in force against the premises or any
part thereof.

21. Termination of Lease. This agreement will automatically continue on a month-to-

month basis unless written notice of termination is given by either party at least thirty
(30) days before the end of the initial fixed term. If this lease is based on or becomes a
month-to-month tenancy, (a) Tenant shall provide written notice of termination at least
thirty (30) days before the end of the month or rental period and/or (b) Landlord shall
provide notice of termination at least fifteen (15) days or more prior to the end of the
rental period.
22. Attorney Fees. In the event that legal action is undertaken by any party to enforce the
terms of this lease or to recover possession of the premises, the prevailing party shall be
entitled to recover from the other party all costs incurred in connection with such action,
including reasonable attorney fees and collection costs, with or without suit.

23. Severability. Should any provision of this lease be held to be unenforceable or invalid,
the remainder of the lease shall not be affected thereby.

24. Rent Increase. Landlord reserves the right to increase the rent on the subject
premises during the initial term of the lease by a maximum of 10% upon thirty days written
notice, if required as a result of an increase in utilities, insurance, taxes, or other operating
expenses.

25. Smoking. Smoking is absolutely forbidden in or around the premises, and a violation
of this provision may result in forfeiture of this lease.

26. Joint Responsibility. Tenant and each co-signer and/or guarantor expressly
understands and agrees that each will be jointly and severally responsible for the faithful
fulfillment of the terms of this lease agreement. By signing this lease, each co-signer and/
or guarantor has a right of possession as a Tenant of the premises, and shall be named
parties in any action necessary to enforce the lease.

27. Radon Gas Disclosure. Radon gas is a naturally occurring radioactive gas that, when
accumulated in sufficient quantities in a dwelling, may present health risks to persons
exposed to it over time. Levels of radon gas that exceed federal and state guidelines have
been found in buildings within the State of Utah. Additional information regarding radon
and radon testing may be obtained from your county public health department.

28. Lead Paint Disclosure. Every purchaser or lessee of any interest in residential real
property on which a residential dwelling was built prior to 1978 is notified that such
property may present exposure to lead from lead-based paint that may place young
children at risk of developing lead poisoning. Lead poisoning in young children may
produce permanent neurological damage, including learning disabilities, reduced
intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also
poses a particular risk to pregnant women. The seller or lessor of any interest in
residential real estate is required to provide the buyer or lessee with any information on
lead-based paint hazards from risk assessments or inspections in the seller’s or lessor’s
possession and notify the buyer or lessee of any known lead-based paint hazards. A risk
assessment or inspection for possible lead-based paint hazards is recommended prior to
purchase.

29. Additional Terms.

The below additional terms are hereby incorporated into this agreement:
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________

30. Entire Agreement. This agreement constitutes the entire agreement between the
parties and supersedes any prior oral or written representation or understanding. Tenant
acknowledges having relied solely on Tenant’s own judgment in entering into this
agreement.

Dated ________________ Landlord _________________________________

Dated ________________ Tenant _________________________________

Dated ________________ Tenant _________________________________

Dated ________________ Tenant ________________________________