8831 Quincy St #2

RESIDENTIAL LEASE AGREEMENT (MONTH-TO-MONTH) Landlord: John McCoy Property Address: 8831 Quincy St, Detroit, MI 48204 Tenant(s): _______________________________________________ ________________________________________ 1. LEASE TERM This is a month-to-month residential lease beginning on ____________________. Either party may terminate this Lease with thirty (30) days' written notice in accordance with Michigan law. A long-term lease may be discussed after a positive and consistent payment history, at the discretion of the Landlord. ________________________________________ 2. RENT Monthly Rent: $800.00 Rent Due Date: 1st of each month Rent is considered late after the 5th of the month at 5:00 PM. Partial payments are considered late and do not stop late fees. ________________________________________ 3. LATE FEES If rent is not paid in full by the 20th of the month at 5:00 PM: Initial late fee: $75.00 Additional late fee: $10.00 per day for each day rent remains unpaid Late fees are considered additional rent. ________________________________________ 4. APPLICATION FEE Each adult applicant (18 years or older) must pay a non-refundable application fee of $50.00. This fee covers the cost of a credit check and background screening. Payment of the application fee does not guarantee approval. ________________________________________ 5. SECURITY DEPOSIT / MOVE-IN COSTS Tenant shall pay a total move-in amount of $1,600.00, due prior to receiving keys, consisting of: $800.00 First Month's Rent $800.00 Last Month's Rent (held as a security deposit) The security deposit may be applied to unpaid rent, damages beyond normal wear and tear, cleaning costs, or other lawful charges in accordance with Michigan law. The security deposit will be handled and returned (if applicable) within the timeframe required by Michigan law after Tenant vacates and provides a forwarding address. ________________________________________ 6. PAYMENT METHOD Rent and all fees must be paid ONLY by: Cash Cash App: $313JohnDoe Venmo: GiveMeMyMoney313 ________________________________________ 7. USE OF PROPERTY The property shall be used solely as a private residence. No sub-renting, room rentals, Airbnb, or short-term rentals are permitted. Guests may not stay longer than 7 consecutive days without written approval from the Landlord. ________________________________________ 8. NON-SMOKING POLICY This is a non-smoking property. Smoking of any kind is prohibited inside the unit. ________________________________________ 9. PET POLICY Cats are allowed. Tenant is fully responsible for any pet-related damage, odors, or pest issues. No dogs or other animals are permitted without written approval. ________________________________________ 10. MAINTENANCE & UPKEEP Tenant must keep the property clean and sanitary and report maintenance issues in a timely manner. ________________________________________ 11. UTILITIES Tenant is responsible for all utilities, including gas, electric, sewer, trash, and internet. Water is paid by the Landlord. ________________________________________ 12. RENTER'S INSURANCE Tenant must maintain renter's insurance covering personal property and liability for the duration of the tenancy. ________________________________________ 13. LIABILITY Landlord is not responsible for Tenant's personal property. ________________________________________ 14. ILLEGAL ACTIVITY Illegal activity of any kind is strictly prohibited and is grounds for immediate lease termination. ________________________________________ 15. ALTERATIONS No alterations, painting, or modifications may be made without written approval from the Landlord. ________________________________________ 16. NOISE & NUISANCE Tenant shall not disturb neighbors or engage in excessive noise or nuisance behavior. ________________________________________ 17. RIGHT OF ENTRY Landlord may enter the premises with proper notice or immediately in case of emergency. ________________________________________ 18. ABANDONMENT If the property is vacated with unpaid rent or without notice, it may be considered abandoned in accordance with Michigan law. ________________________________________ 19. DEFAULT Failure to comply with this Lease may result in termination and legal action as permitted by Michigan law. ________________________________________ 20. ENTIRE AGREEMENT This document represents the entire agreement between Landlord and Tenant. ________________________________________ 21. GOVERNING LAW This Lease is governed by the laws of the State of Michigan. ________________________________________ SIGNATURES Tenant: _______________________________ Date: __________ Landlord: _____________________________ Date: __________