Pine Shadows Guest House Rental Agreement

The following agreement between the Leaser (Mike and Judy Stafford) and Lessee (resident) shall become effective on _________________, 2007 for the rate of ________________from the dates of ______________, 2007, 3:00 PM through __________________, 2007, 12:00 PM.

Property Location: 249 Shreveport ,  Avinger, TX 75630, Lake O’ the Pines

Property Description:  Pine Shadows Guest House, a waterfront rental with two bedrooms, two baths.

Check in: 3:00 PM - Checkout: 12:00PM.

The resident agrees to abide by the following provisions or lease can be cancelled immediately at the option of the owner.

1) All rental fees are due 14 days prior to occupancy. All rental fees should be made payable to the owners (Mike or Judy Stafford). Resident is subject to immediate eviction in the event of insufficient funds or any payment problem.

2) A security deposit in the amount of $200.00, which is in addition to the rental fee is to be paid in order to confirm reservation. This covers damage to premises, which includes expense to clean up, and/or replace furnishings, utensils and/or linens. Termination of this lease by resident BEFORE expiration forfeits deposit in entirety and constitutes liquidated damages. This deposit is refundable, after expiration of the lease, less itemized charges referenced herein, and will be refunded within 10 days by check, to resident after premises have been vacated and inspected by owner.

3) Telephone service is provided. Cell phone service will be limited with some companies.

4) Smoking is permitted and ashtrays are located inside and outside. Please do not throw butts in yard.

4) RESIDENT EXPRESSLY RELIEVES OWNER FROM, AND ASSUMES, ALL RISK OF LIABILITY FOR, DAMAGES OR INJURY OF ANY CHARACTER WHATSOEVER TO ANY PERSON OR PROPERTY SUSTAINED UPON SAID RENTED PREMISES.

5) Sub-leasing is NOT permitted unless with the prior written permission of the owner. Resident is responsible for all payments per their signature(s) below.

6) CANCELLATION POLICY: This lease may be cancelled with no penalty at the option of the owner, his agent, or the resident, with or with out cause, with a 21-DAY WRITTEN NOTICE. Cancellations within 14 days prior to arrival will forfeit the deposit. For cancellation within 72 hours of arrival, resident agrees to pay amount to total FULL RENT FEES in the event property cannot be re-leased.

7) Resident shall be responsible for all damage/breakage while renting unit, as well as general cleaning, upkeep of furnishing (no pets on furniture) and keeping house, yard and waterfront free from trash and clutter.  Any necessary repairs shall be reported immediately. Owner will not be responsible for any repairs not ordered by them directly. The resident shall be responsible to exercise reasonable care to prevent damage to property.

8) Family pets or other animals will be allowed on the property with prior written notice given to owner. Violation of this provision gives the owner authority to order the resident to vacate the property and immediate cancellation of this lease with no refunds.

I will have pets and am aware of the $25.00 fee per pet. _____ Yes ______ No

9) Resident agrees that any damages that result from tenant, guests, pet/animals will be paid entirely by tenant and can result in forfeiture of security deposit plus any additional monies required to repair said damages.

10) No Refunds of Security Deposit will be given until all checks have cleared the bank and house has been inspected by owner on day of departure. Failure to have the house inspected prior to departure will result in loss of deposit.

On agreement and witness whereof the parties hereto have signed this agreement on ________________, 2007.

By: _________________________________________ Lessee (Resident)

Residents mailing address: _____________________________________________

                                                    _____________________________________________

                                                    _____________________________________________

Residents phone number (including area code): _____________________________

By: __________________________________ Leaser (Mike and Judy Stafford)  

Mail to:

Mike and Judy Stafford

Attn: Pine Shadows Guest House

839 King St

Jefferson, Texas 75657

Office: 903-755-2523 or 1-888-414-9265,

903-720-4575 (cell)