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Lease contract sample3
1. After the lease term begin, the above-mentioned earnest money shall be automatically
turned into deposit of security of Clause 6 of this contract.
ÿ. Rental:
Amount: The total amount of monthly rental agreed upon by both parties shall be RMB
or USÿ . Party B shall pay the rental to Party A in the form of .
2. Method of payment:
The payment of rental shall be made each period, month (s) is one period, the first
payment shall be made before (month) (day) (year). Each successive
payment shall be made before . Party B shall pay the rental before it moves
into the premises.(If Party B pays the rental in the form of remittance, the date of
remitting shall be the day of rental payment ,the remittance fee shall be borne by the
remitter.) Party A should issue a written receipt after each payment of rental is received.
3.If Party B delays such rental payment, Party B shall pay penalty to Party A at the rate
of 1% of the due rental for each day of delay.If the delay is in excess of 15 days. It
shall be deemed as automatically quitting tenancy, which shall constitute breach of
contract. Then, Party A shall have the right to recover the leased premises and take
actions against Party B for liabilities of breach of Contract.
ÿ. Deposit of Security:
1. To ensure that the premises and its accessory facilities are sale and in good
condition and that accounts of relevant fees are settle on schedule during the term of
lease, Party B agrees to pay Party A as a deposit, Party A should issue a
written receipt.
2ÿ Unless otherwise agreed upon, the amount of deposit of security shall be refunded
by Party A without interest to Party B upon expiration of the lease, provided that Party
B has vacated the premises, left everything in the premises intact and paid up all
expenses due, kept the premises and all facilities in good condition.
3ÿAny penalty for breach of contract, compensation for damage and rental and other
relevant fees payable arising from Party B's violation of the provisions of the Contract
may be deducted by Party A from the deposit of security after receiving the written
confirmation from Party B. any shortage there of must be made up for by Party B
within ten days of the receipt of the notice of Payment issued by Party A.
ÿÿ ÿ. OTHER FEES:
1ÿ Party B shall pay for the water, electricity and gas fees and telecommunication
fees and all other fees incurred by Party B in actual use and paid bills from relevant public
service department on schedule the terms of lease.