Fillable Printable Oklahoma Residential Lease Form

Oklahoma Residential Lease Form

This form was created by the Oklahoma Real Estate Contract Form Committee and approved by the Oklahoma Real Estate Commission

OREC SINGLE FAMILY LEASE AGREEMENT (11-2012) Page 1 of 5

OKLAHOMA REAL ESTATE COMMISSION

This is a legally binding Contract if not understood seek advice from an attorney

RESIDENTIAL LEASE

CONTRACT DOCUMENTS. The contract is defined as this document with the following attachment(s): (check

as applicable)

_____ Broker Relationship Disclosure

_____ Flood Notification, if applicable

_____ Landlord’s and Tenant’s You Need to Know

_____ Lead-Based Paint Disclosure and Brochure

_____ Move In/Move Out Inspection

_____ Tenancy Guidelines

_____ Residential Landlord/Tenant Act

_______________________________

Owner___________________________________________________________________________________________

Tenant(s) _____________________________________________________________________________(the “Tenant”)

Owner’s Broker ___________________________________________________________________, a licensed real

estate broker

Property___________________________________________City_____________________State______Zip_________

Legal Description: ________________________________________________________________________________

In consideration of their mutual agreement to the following terms, conditions, and covenants, the Owner/Owner’s

Broker leases to Tenant and Tenant leases from Owner/Owner’s Broker the above described Premises.

TERMS, CONDITIONS AND COVENANTS

1.TERM. This Lease commences on(“Commencement Date”)

and expires on __________________________________________________________________ (“Expiration Date”).

Any extension of the “Expiration Date” must be mutually agreed upon in writing prior to the “Expiration Date.”Tenant

agrees to give Owner/Owner’s Broker written notice of intent to vacate the property, or request to extend the lease, at

least thirty (30) days, but no more thanforty-five (45) days prior to the “Expiration Date" (Servicemembers Civil Relief Act

(SCRA) requires that a military service member be able to terminate certain lease agreements, see the You Need to

Know Lease Pamphlet for additional information).

2.RENT.Rental Rate shall be $____________ per month and is payable in advance on the first day of each and every

calendar month and shall be paid to_________________________________________________________________

Address: _____________________________________________________________________________________.

Prorated rentfor _________days at$_______________ per day equals $____________and ispayable on or before

_____________________________________________________________________________________________.

A.Late Payment of Rent Fee. Any rent payment that is not received by Owner/Owner’sBroker by 11:59 p.m. on

the ________ day of the month it is due will be assessed a late fee of _____________. Total amount oflate rent

and late fee is to be paid by money order, cashier’s check or other certified funds.

B.Deductions from Rent.Deductions made from rent without written permission from Owner/Owner’s Broker will

be considered as unpaid rent and will subject Tenant to a late fee.

C.Dishonored Checks. In the event that Tenant’s check is returned by the bank for any reason (insufficient funds,

stopped payment, etc.), Tenant agrees:

To replace the returned check with certified funds within twenty-four (24) hours. Dishonored checks will not be re-

deposited.

2)To include payment of $____________ dishonored check charge with the replacement certified fundsalong

with applicable late charges.

3)If Tenant has a second dishonored check, Tenant shall pay all further rents with cashier’s check or money order.

D.Five Day Notice to Evict. In the case of non-payment of rent or tendering a dishonored check, a five-day (5)

notice to “move or suffer eviction” shall be given as allowed by law.

3.SECURITY DEPOSIT.Tenant shall deposit with Owner/Owner’s Broker a Security Deposit in the amount of

______________________________ ($_______________) upon execution of this Agreement. This Security Deposit

shall secure the performance of Tenant’s obligations hereunder including leaving the Premises in the same condition

as they were received, normal wear and tear excepted. Tenant shall provide Owner/Owner's Broker a written list of

defects and/or items in need of repair within two (2) weeks after occupancy. Owner/Owner’s Broker may, but shall not

This form was created by the Oklahoma Real Estate Contract Form Committee and approved by the Oklahoma Real Estate Commission

OREC SINGLE FAMILY LEASE AGREEMENT (11-2012) Page 2 of 5

be obligated to apply the security deposit or any portion thereofto Tenant’s obligations hereunder. Any balance

remaining upon termination shall be returned to Tenant within thirty (30) days of both the Tenant giving written request

for the return of the deposit and the Tenant giving possession of the Premises to the Owner/Owner’s Broker. Tenant

shall NOT have the right to apply the Security Deposit for payment of rent. If any money is withheld from the deposit,

the Owner/Owner’s Broker shall provide Tenant with an itemized list of expenses withheld. Owner/Owner’s Broker

shall deposit the Security Deposit in an FDIC insured escrow account. Theaccount may bear interest, which shall be

payable to Owner/Owner’s Broker in consideration of the cost and burden of maintaining the escrow account.

4.POSSESSION OF PREMISES. Tenant acknowledges that the statements and material representations made on Tenant’s

signed application, which is hereby incorporated by reference, have been relied upon by Owner/Owner’s Broker, the falsity

of which, in whole or in part, shall constitute a breach of this lease entitling Owner/Owner’s Broker at Owner’s/Owner’s

Broker’s option, to terminate the lease and repossess the premises. This lease is further conditioned upon Owner/Owner’s

Broker securing possession of the premises from the existing Tenant, if any, by the commencement date hereof. In the

event Owner or Owner’s Broker is unable to deliver possession of the premises to Tenant for any reason, including, but not

limited to, failure of previous Tenant to vacate Premises or partial or complete destruction of the Premises, Tenant shall

have the right to terminate this Agreement. In thisevent, Owner’s or Owner’s Broker’s liability shall be limited to the return

of all sums previously paid by Tenant to Owner/Owner’s Broker except application processing fee, if any.

5.LEGAL USE. Tenant shall use the Leased Premises only for residential purposes and for no other purpose.

Operating a business, including daycare, from this Property is prohibited. Tenant shall not use, nor permit the use of

anything in the Leased Premises (i) which would violate any of the agreements in this Lease, (ii) for any unlawful

purpose or in any unlawful manner, or (iii) that would substantially increase cost of the Landlord’s insurance. Tenant

shall comply with City Code and Ordinances, City, State and Federal Regulations and Laws. Tenant shall pay any

cost incurred by Owner/Owner’s Broker due to Tenant’s violation of the Code, Regulations, Ordinances and Laws and

Tenant’s violation shall constitute a breach of this Lease Agreement.

6.NON-SMOKING.Tenant agrees that smoking in the premises is not permitted and should smoke damage occur due

to Tenant, Tenant’s employees, or Tenant’s visitors smoking within the dwelling, Tenant agrees to pay the cost of

having premises painted, walls washed, interior deodorized and carpets and draperies professionally cleaned, and

any other cost to repair smoke damage.If, after move in, smoking occurs without written permission of the

Owner/Owner's Broker, an eviction notice may be issued.

7. PETS. Tenant shall not keep pets of any kind (except trained service dogs) on the Premises without prior permission

from the Owner/Owner’s Broker. If permission is granted, Tenant agrees to pay the cost of having the Premises treated,

if needed, by a professional exterminator and carpets professionally cleaned at the termination of occupancy, and

Tenant agrees to maintain thepet on the Premises only so long as permitted by Owner/Owner’s Broker. If, after move-

in, a pet is acquiredwithout written permission of Owner/Owner’s Broker an eviction notice may be issued.

8.UTILITIES. Unless paid by Owner utilities must be in Tenant’s name on the Lease “Commencement Date.” Utilities

shall not be turned off until the Tenant has notified Owner/Owner’s Broker of move out date, vacated the property,

turned in the keys and has fulfilled all obligations of this Lease Agreement.

9.OCCUPANTS. Premises shall be occupied only by the persons listed below. Occupancy by anyone other than those

listed for more than fourteen (14) consecutive nights shall constitute a breach of this Agreement unless prior consent

is given in writing by Owner/Owner’s Broker: __________________________________________________________

In Case of Emergency or Death (pursuant to Title 41 O.S. §130.1A) notification is to be made to:

Name/Relationship: _______________________________________________________ Phone: _______________

10. MAINTENANCE.

A. Owner agrees to maintain the dwelling, all appliances furnished, mechanical equipment, plumbing and electrical

facilities in or on the Premises at the commencement of this Lease.

Exceptions: ________________________________________________________________________________

B. Tenant agrees to be responsible for repairs needed due to misuse.

C. Tenant agrees to notify Owner/Owner's Broker promptly in the event repairs are needed.

D. Unless otherwise agreed to in writing, tenant agrees to keep and maintain the property in good condition to include

all yard maintenance.

This form was created by the Oklahoma Real Estate Contract Form Committee and approved by the Oklahoma Real Estate Commission

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11. ALTERATIONS AND REPAIRS.Except in the event of an emergency, no repairs, decorating or alterations shall be

done by Tenant without Owner’s/Owner’s Broker’s prior written consent. Tenant shall notify Owner/Owner’s Broker in

writing of any repairs or alterations contemplated. Tenant shall hold Owner and Owner’s Broker harmless as to any

mechanic’s lien recordation or proceeding caused by Tenant and Tenant agrees to indemnify Owner and Owner’s

Broker in the event of any claim or proceeding. Tenant agrees that all improvements installed in and on the Premises,

including landscaping (bushes, shrubs, ground cover, trees, and flowers) shall, at the option of Owner/Owner’s

Broker, remain with the Premises upon termination of the Lease at no cost to Owner or Owner’s Broker.

12. APPLICATION OF FUNDS. Money paid by Tenant shall be applied in the following order:

A.Maintenance charges due in accordance with the Tenancy Guidelines;

B.Late charges, dishonored check charges, or trip charges;

C.Past due utilities;

D.Unpaid security deposits;

E.Attorney fees, Processor fees, and Court Costs;

F. Past due rent, oldest month to newest;

G.Current rent.

13. HOMEOWNER’SASSOCIATION. The Tenantagrees to read and abide by the Homeowner's Association Rules and

Regulations. Tenant agrees to pay, upon demand, any fines levied upon Owner for Tenant’s violation of the

association rules and regulations. Tenant is responsible for maintaining working light bulbs in front/rear porch and

carport light fixtures.

14. ASSIGNMENT AND SUBLETTING. No portion of the Premises shall be sublet nor this Agreement assigned. Any

attempted subletting or assignment by Tenant, at the option of the Owner, shall be a breach of this Agreement.

15. INSURANCE. All personal property located on or stored in the Premises shall be kept and stored at Tenant’s sole risk

and Tenant shall indemnify and hold harmless Owner and Owner’s Broker from and against any loss or damage to

said property arising from any cause whatsoever. Further, Tenant is responsible for obtaining Tenant’s own

insurance to cover Tenant’s personal property and liability as Owner shall only carry insurance on the

dwelling.

16. INVENTORY. The items checked below are included in the dwelling unit:

Refrigerator Carpet Range Oven Disposal Dishwasher Window Coverings Washer

Dryer Microwave Overhead Garage Door Remote Ceiling Fan Window Air Conditioning Unit

Other items included, if any________________________________________________________________________

17. OWNER OR OWNER’S BROKER RIGHT OF ENTRY AND INSPECTION.Owner and Owner’s Broker, shall have the

right to enter the Premisesand tenant agrees to allow entry to workman, contractors or other authorized persons in

cases of emergency and to make necessary or agreed repairs, or service.

Owner or Owner’s Broker shall also have the right to show the Premises: a) to prospective purchasers during the term

of this agreement b)torepresentatives of mortgage lenders and appraisers c) or upon written notice by either Owner

or Tenant that this agreement will not be extended beyond the expiration date the Owner or Owner’s Broker shall

have the right to market the property, including placing a sign on the property, place media advertising, and have

access to show the interior/exterior of the property to prospective tenants.

Failure of the tenant to allow the showing of the property after notice shall result in a charge equal to one months rent

which may be retained from funds held for Security Deposit.

Except in cases of emergency entry shall be made only during normal business hours, and not less than one (1) day

prior notice shall be given to Tenant.

Notwithstanding the provisions of Paragraph 21 below, for the purpose of entry and inspection, notice may be posted

on the Premises.

18.ATTORNEY’S FEES. In the event legal action or proceeding is brought by either party to enforce any part of this

Lease Agreement, the prevailing party shall recover, in addition to all other relief, reasonable attorney’s fees and costs

to be set upon application to the court.

This form was created by the Oklahoma Real Estate Contract Form Committee and approved by the Oklahoma Real Estate Commission

OREC SINGLE FAMILY LEASE AGREEMENT (11-2012) Page 4 of 5

19. NOTICE.Notice to Owner may be served to Owner’s Broker at the following address:__________________________

______________________________________________________________________. Owner’s Broker is

authorized to accept legal service on behalf of Owner. Any notice provided for or permitted by this Lease to be given

by one party to the other, may be given sufficiently for all purposes in writing, mailed as certified United States mail,

postage prepaid, addressed to Owner’s Broker (or Tenant) to be notified at Owner’s Broker’s (or Tenant’s) address as

set forth herein in writing, or delivered personally to Owner’s Broker (or Tenant), and shall be deemed conclusively to

have been given on the date of the mailing or personal delivery.

20. SURRENDER.Tenant agrees that upon vacating the premises to surrender the Premises and all fixtures and

equipment of Owner therein in good, clean and operating condition, ordinary wear and tear excepted. Tenant shall at

the time of vacating the premises, thoroughly clean the Premises, including, but not limited to, all appliances, removal

of all trash from the Premises and shall pay for the cost of Owner/Owner’s Broker having the carpet professionally

cleaned. Further, upon vacating the Property, Tenant shall secure the property and immediately deliver all keys and

garage door openers, if any, to Owner/Owner’s Broker as set out in Paragraph 12of this Lease. If the cleaning and

removal of trash is not accomplished by Tenant, action deemed necessary by Owner/Owner’s Broker to accomplish

same may be taken by Owner/Owner’s Broker at Tenant’s expense.If Tenant fails to secure the Property and return

all keys and garage door openers (if any), Tenant agrees to pay any cost incurred by the Owner/Owner’s Broker to

secure the Property including any repairs for damage to the Property as the result of the Tenant’s failure to secure the

Property, and/or replace keys, locks and garage door openers.

21.BREACH OF CONTRACT. In the event of default by any Tenant, each and every remaining signatory shall be liable for

timely payment of rent and shall be bound by all the terms, conditions and covenants of this Lease Agreement whether

or not in actual possession of the Premises. Should Tenant neglect or fail to perform and observe any of the terms of this

Lease, Owner/Owner’s Broker shall give Tenant written notice of thebreach, delivered to Tenant personally or mailed by

certified mail, requiring the Tenant to immediately remedy the breach or vacate the Premises on or before a date at least

fifteen (15) days after date of the notice (except in the event thebreach is for failure to pay rent in which case the five (5)

day statutory notice shall apply). If Tenant fails to comply with thenotice,the Owner/Owner’s Broker may declare this

Lease terminated and institute action to evict Tenant from the premises without limiting the liability of Tenant for rent due

or to become due under this Lease. In the event of a breach of this Agreement or eviction of Tenant for breach of this

Agreement, Tenant agrees to pay Owner/Owner’s Broker for all losses incurred as the result of thebreach and/or

eviction, including, but not limited to attorney’s fees, late fees, rent, advertising costs, cleaning, painting, repairs,

landscaping, etc., and re-letting expense of _________% of one month’s rent.

22.WAIVER BY OWNER.

The waiver by Owner/Owner’s Broker of any breach shall not be construed to be a continuing

waiver of any subsequent breach. The receipt by the Owner/Owner’s Broker of the rent with the knowledge of any violation

of a covenant or condition hereto shall not be deemed a waiver of thebreach. No waiver by Owner/Owner’s Broker of the

provisions herein shall be deemed to have been made unless expressed in writing and signed by Owner or Owner’s Broker.

23.DISCLOSURE.

A.Fair Housing. Owner, Owner’s Broker and Tenant acknowledge and agree that Owner/Owner’s Broker shall lease

the premises to the Tenant without regard to sex, race, religion, color, handicap, familial status, or national origin.

B.Disclosure(s).Owner, Owner’s Broker and Tenant acknowledge and agree any additional disclosures required

by this lease or law, shall be as indicated in contract documents on Page 1 of this lease.

24.OTHER CONDITIONS. __________________________________________________________________________

_____________________________________________________________________________________________

25.MEDIATION.Any dispute arising between the Tenantand Owner/Owner’s Brokerwith respect to the Contract, shall

first be submitted to a dispute resolutionmediation system servicing the area in which the Property is located. Any

settlement agreement shall be binding. In the event an agreement isnot reached, the parties may pursue legal

remedies as provided by the Contract.

26.ENTIRE AGREEMENT.This Lease Agreement constitutes the entire Agreement between the parties, and no

promises or representations, other than those contained herein, have been made by Owner or Owner’s Broker. Any

modifications to this Agreement must be in writing and signed by Owner or Owner’s Broker and Tenant.

This form was created by the Oklahoma Real Estate Contract Form Committee and approved by the Oklahoma Real Estate Commission

OREC SINGLE FAMILY LEASE AGREEMENT (11-2012) Page 5 of 5

THE UNDERSIGNEDTenant(s) and Owner(s)acknowledges that they have read and understand the lease and all

attachments and addendums. They also acknowledge that they have received a copy of the Lease Agreement,

attachments and addendums and the Tenant accepts the Property in its present condition.Lease Agreement and all

attachments and addendums and accepts the Property in its present condition.

Tenant:_______________________________________________________Date____________________________

Owner:_______________________________________________________Date____________________________

Owner’s Broker:_______________________________________________ Date____________________________

By______________________________________________________________________________________________

SECURITY DEPOSIT RECEIPT AND INSTRUCTIONS

Owner Owner’s Broker acknowledges receipt of $_____________________ Check Certified Funds as

Security Deposit from

Tenant Tenant’s Broker, to be deposited in accordance with the terms and conditions of

SECURITY DEPOSIT, paragraph 3 of this lease.

__________________________________________________________________________________________________________________________________________

Date Owners Broker/Associate Signature

__________________________________________________________________________________________________________________________________________

(Print Name) Owners Broker/Associate

______________________________________________________________________________________________________

Company Name

______________________________________________________________________________________________________

Address Phone