LeaseGuard Analysis Result
Tenant Fairness Score
This agreement favors the tenant in 82% of standard legal clauses analyzed.
Risk Profile
gavelLEASE AGREEMENT FOR RESIDENTIAL PROPERTY
This Residential Lease Agreement ("Agreement") is entered into on this 12th day of October, 2023, by and between Urban Habitat LLC ("Landlord") and Jonathan V. Smith ("Tenant").
5. SECURITY DEPOSIT. Upon execution of this Agreement, Tenant shall deposit with Landlord the sum of $4,500.00 as security for the performance by Tenant of the terms under this Agreement.
7. UTILITIES. Landlord shall provide water and trash collection services at no additional cost to the Tenant. Tenant is responsible for electricity and internet service.
9. ASSIGNMENT AND SUBLETTING. Tenant shall not assign this Agreement, or sub-let or grant any license to use the Premises or any part thereof without the prior written consent of Landlord.
10. ENTIRE AGREEMENT. This Agreement constitutes the entire agreement between the parties and supersedes all prior understandings or oral agreements.
AI Executive Summary
Overall, the agreement is standard with two high-risk structural maintenance anomalies. Section 4 shifts significant financial burden to the tenant, which is non-standard for residential leases in this jurisdiction.
auto_awesome Recommended Actions
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edit_note
Strike Clause 4
Request "Structural Repairs" be handled solely by Landlord as per state civil code.
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rule
Define "Non-standard"
Require exhaustive list of grounds for 15-day termination in Clause 6.
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verified
Confirm Utility Caps
Ask for written confirmation if there are monthly caps on free water/trash.