| LEASE AGREEMENT (SAMPLE) |
| Lessor |
Name |
|
| Address |
|
| Lessee |
Name |
|
| Address |
|
| Premises |
Address |
|
| Area |
|
| Lease Term |
12 Months |
Begin Date |
4, April, 2009 |
Expire Date |
3, April, 2010 |
| Rental Fee |
Monthly: KRW2,200,000 to 4th of every month |
|
| |
| This lease agreement made on 03, April, 2009 between Ms./Mr. (hereinafter called the lessor) and |
Ms./Mr. (hereinafter called the Lessee)
|
W I T N E S E S
|
| Whereas, the Lessor agrees to lease and the Lessee agrees to lease from the Lessor the above described |
| premises for use and occupation by the Lessee as a strictly private dwelling for one family only. Now, therefore, |
This agreement witness that
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| 1. The period of this agreement shall be for 12 months commencing on the of 4th of april. 2009, and expiring on |
| the 5th of april, 2010. During the term of this lease, the Lessees shall not sublease the said premises any part |
| thereof without the written consent of the Lessor. This lease is renewable, provided an agreement is reached |
between the parties.
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| 2. It is agreed that the rent for the said premises shall be set at the sum of KRW2,200,000 per month payable |
| and security deposit shall be set at the sum of KRW5,000,000. The Lessee shall pay the sum of |
| KRW2,200,000 in advance for 1 month to the Lessor. The lessee shall be entitled to return of the deposit rental |
| if the premises are return to the Lessor in the same condition as they were when leased, less normal wear |
| and tear. As down payment KRW will be paid on sinning this lease and rest of KRW will be paid |
| before/or moving date. In the event of the Lessee fails to pay one(1) month rent, The Lessor shall be at liberty to |
terminate this lease immediately.
|
| 3. Throughout the term of this lease, the Lessee shall be liable for any pay such monthly common expenses |
(water, gas, electricity charges) and lessee will pay for monthly management charges.
|
| 4. Throughout the said term, the Lessee shall take good care of the said premises and appurtenants thereto, so |
| that they suffer no waste or injury: indemnify and save the Lessor from and against any and all liabilities arising |
| in part by any fault or negligence of the Lessee, or of the guests and servants of the Lessee : repair, at or |
| before the end of the term, all injury done by the installation or removal of any furniture and property so as to |
| restore the said premises to their original state: and, at the end of the term, quit and surrender the premises in |
| as good order and condition as they were at the beginning of the term, with normal wear and damages by the |
elements expected.
|
| 5. In the event the Lessee fails to comply with any one of the specified conditions of this lease, the Lessor may |
| give a notice in writing to the Lessee, stating specifically wherein a violation of condition exists. If, after |
| consultation, no agreement for correction is reached, the Lessor is entitled to terminate this lease, provided a |
| notice in writing is given to the Lessee 30 days(thirty) in advance of the termination day, in this case Lessor |
should pay back the sum of remaining rent within 3 days since the date of diserable termination.
|
| 6. The Lessor shall place the premises in good order prior to the occupancy by the Lessee. In case of |
| prolongation of contract the Lessor will do cosmetic repair of apartment. Thereafter the lessee, during his |
| occupancy, shall keep the premises in order and repair at his own expenses, except for major repairs such as |
| leaking roof, fallen or cracking walls, bursting of water and heating pipes. But in case it is owning to the |
carelessness or negligence of the Lessee, reparation shall be for the Lessee's account.
|
| 7. The Lessor shall be responsible to insure the building and fixtures of the premises against fire and the |
| Lessee shall be responsible to insure his own goods and chattels placed or stored therein and neither party |
| shall be responsible to the other for each other's loss or damage in the event of disaster such as fire, floods, |
typhoon and/or other pits of God.
|
| 8. If Lessee wants to terminate this agreement, Lessee should inform Lessor 60 days in advance of the |
termination date and Lessor should pay back the sum of remaining rent to the lessee.
|
| 9. Any matter related to this agreement which is not specifically provided for herein shall be governed by the |
established trade practices in respect to real property lease at this time in Seoul, Korea.
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| 10. In witness thereof, the parties hereto have subscribed their name and fixed their signature as of the date |
first above written.
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The owner of the premises
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