tweed--renewal- 2010

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    RESIDENTIAL LEASERENEWAL

    BY THIS AGREEMENT made and entered into between Filomena A. Volpe and Maria R.Volpe, herein referred to as Landlords, and Amy Tweed herein referred to as Tenant,Landlords lease to Tenant the premises located at 11 Catskill Street, Albany, New York12203, for a term of 1 (one) year, to commence on July 1, 2010 at 12:00 a.m. and to end onJune 30, 2011 at 11:59 p.m. The parties agree as follows:

    1. Terms. Tenant agrees to pay in one check, without demand, to Landlords as rent for thedemised premises the sum of thousand one hundred dollars ($1,100.00) per month,postmarked no later than the first day of each calendar month beginning July 1, 2010, to bepayable to Filomena A. Volpe at Box 11101, Albany, New York 12211, or at such other placeas Landlords may designate.

    2. Security Deposit. Upon execution of lease, Tenant deposits with Landlords one thousandone hundred dollars ($1,100.00) receipt of which is acknowledged by Landlords, to bereturned to Tenant, without interest, provided that the Tenant fulfills the conditions of thislease and upon vacating the premises leave the premises in the same condition as whenfirst occupied except for ordinary wear and tear within sixty (60) days upon expiration oflease. Should Tenant not carry out the terms of this lease, including not moving into thepremises, Landlords may keep all or part of the security deposit for any losses incurred,

    including missed payments. Security deposit shall not be used for payment of last month'srent.

    3. Payment of Rent. Tenant shall pay a late fee of thirty five dollars ($35.00) for eachpayment that is postmarked after the first of the month. Failure to pay rent or additionalrent related fees on time may result in cancellation of the lease. The Tenant must leavethe premises and return the keys to the Landlords. The Tenant will continue to beresponsible for any rent, damages, expenses, and losses.

    If the lease is cancelled, or rent or other added expenses are not paid on time, or Tenantvacates the premises, the Landlords may in addition to other remedies, take any of thefollowing steps: (1) enter the premises and remove Tenant and any person or property (2)use dispossess, eviction or other lawsuit method to take back the premises.

    Landlords may re-rent the Premises and anything in it for any Term, for a lower rent, andgive allowances to the new tenants. Tenant will be responsible for Landlords cost of re-renting which shall include the cost of repairs, decorations, brokers fees, attorneys fees,advertising, and preparation for renting. Tenant shall continue to be responsible for rent,expenses, damages and losses. Any rent received from the re-renting will be applied to thereduction of money Tenant owes. After possession is given to the Landlords by a court, theTenant waives all rights to return to the premises.

    4. Utilities. Tenant shall be responsible for arranging for and paying for all utility servicesrequired on the premises, including gas, heat, and electric. Tenant shall pay for waterbill directly to Landlords upon receipt of bill.

    5. Non-Sufficient Funds. Tenant shall be charged thirty five dollars ($35.00) for each checkthat is returned to Landlords for lack of sufficient funds.

    6. Use of Premises/Absences. The demised premises shall be used and occupied byTenant exclusively as a private single family residence, and neither the premises nor anypart thereof shall be used at any time during the term of this lease by Tenant for thepurpose of carrying on any business, profession, or trade of any kind, or for any purposeother than as a private single family residence. Tenant shall comply with all the sanitarylaws, ordinances, rules, and orders of appropriate governmental authorities affecting thecleanliness, occupancy, and preservation of the demised premises during the term of thislease. Tenant shall be responsible for snow removal, mowing the lawn andoverall maintenance and grooming of the landscaping. Tenant shall notify Landlordsof any anticipated extended absence from the Premises not later than the first day of the

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    extended absence.

    7. Number of Occupants. Tenant agrees that the demised premises shall be occupied byAmy Tweed. Any changes are subject to written consent of Landlords.

    8. Condition of Premises. Tenant stipulates that they have examined the demisedpremises, including the grounds and all buildings and improvements, and that they are, atthe time of this lease, in good order, repair, and a safe, clean, and tenantable condition.

    9. Assignment and Subletting. Tenant shall not assign this lease, or sublet or grant anyconcession or license to use the premises or any part thereof. An assignment, subletting,concession, or license, or an assignment or subletting by operation of law, shall be void andshall, at Landlords' option, terminate this lease.

    10. Alterations and Improvements. Tenant shall make no alterations to thebuildings on the demised premises or construct any building or make other improvementson the demised premises, including wallpapering, interior or exterior painting and/or otherdecorating without the prior consent of Landlords. Tenant shall make no holes in the doors,or in wallpapered walls. All alterations, changes, and improvements built, constructed, orplaced on the demised premises by Tenant, with the exception of fixtures removablewithout damage to the premises and movable personal property, shall, unless otherwiseprovided by written agreement between Landlords and Tenant, be the property ofLandlords and remain on the demised premises at the expiration or sooner termination ofthis lease.

    11. Damage to Premises. If the demised premises, or any part thereof, shall bepartially damaged by fire or other casualty not due to Tenants negligence, the premisesshall be promptly repaired by Landlords and the rent may be prorated. If the Landlords shalldecide not to rebuild or repair, the term of this lease shall end. If the premises aredamaged due to Tenants negligence, Landlords will assess Tenant for expenses incurred.

    12. Dangerous Materials/Prohibited Items. Tenant shall not keep or have on theleased premises any article or thing of a dangerous, inflammable, or explosive characterthat might unreasonably increase the danger of fire on the leased premises or that mightbe considered hazardous or extra hazardous by any responsible insurance company.

    Waterbeds or any articles or things that might damage the premises are prohibited.

    13. Property Insurance. Landlords and Tenant shall each be responsible to maintainappropriate insurance for their respective interests in the Premises and property located onthe Premises.

    14.Maintenance and Repair. Tenant will, at her sole expense, keep and maintain theleased premises and appurtenances in good and sanitary condition and repair during theterm of this lease and any renewal thereof. In particular, Tenant shall keep the fixtures inthe house or on or about the leased premises in good order and repair; keep electric bellsand smoke detectors in order; keep the walks free of dirt and debris; and, at their soleexpense, shall make all required repairs to the plumbing, range, heating, apparatus, andelectric and gas fixtures whenever damage thereto shall have resulted from Tenants

    misuse, waste, or neglect. Major maintenance and repair of the leased premises, not dueto Tenants misuse, waste, or neglect shall be the responsibility of Landlords or theirassigns. Tenant shall notify Landlords of any damages or repairs as soon as such damagesor repairs are recognized. Failure to do so may result in Tenant incurring expenses for suchdamages or repairs.

    15. Keys and Locks. Tenant shall not install new locks without written consent of theLandlords. If written consent is provided, Tenant shall provide Landlords with a duplicatekey(s) upon installation. Replacement locks shall be installed in the same size openings ascurrently in place. Existing keyed window locks on the first floor of premises shall not beremoved. Tenant will be given one (1) set of keys to premises and one (1) set of keys forwindows. If all keys are not returned to the Landlords at the end of the Lease, thereplacement costs will be deducted from the security deposit.

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    16. Animals. Tenant shall not keep domestic or other animals on or about the leasedpremises. Animals kept on the premises result in termination of lease.

    17. Access by Landlords to Premises. Landlords and their agents shall have the right atall reasonable times during the term of this lease and any renewal thereof to enter thedemised premises for the purpose of inspecting the premises, providing necessary services,showing the dwelling to prospective buyers, mortgagees, tenants or workers. As providedby law, in the case of an emergency, Landlords may enter the Premises without Tenantsconsent.

    18. Display of Signs. Tenant agrees that no signs shall be placed on or about the leasedpremises by or at their direction without the prior written consent of Landlords. During thelast thirty (30) days of this lease, Landlords or their agents shall have the privilege ofdisplaying the usual "For Sale" or "For Rent" or "Vacancy" signs on the demised premisesand of showing the property to prospective purchasers or tenants.

    19. Subordination of Lease. This lease and Tenants leasehold interest hereunder are andshall be subject, subordinate, and inferior to any liens or encumbrances now or hereafterplaced on the demised premises by Landlords, all advances made under any such liens orencumbrances, the interest payable on any such liens or encumbrances, and any and allrenewals or extensions of such liens or encumbrances.

    20. Holdover by Tenants. Tenant shall vacate premises upon expiration of this lease,unless this lease is renewed 45 days prior to the expiration date.

    21. Abandonment. If at any time during the term of this lease Tenant abandons thedemised premises or any part thereof, Landlords may, at their option, enter the demisedpremises by any means without being liable for any prosecution therefor, and withoutbecoming liable to Tenant for damages or for any payment of any kind whatever, and may,at their discretion, as agent for Tenant, relet the demised premises, or any part thereof, forthe whole or any part of the then unexpired term and may receive and collect all rentpayable by virtue of such reletting, and, at Landlords' option, hold Tenant liable for anydifference between the rent that would have been payable under this lease during thebalance of the unexpired term if this lease had continued in force, and the net rent for suchperiod realized by Landlords by means of such reletting. If Landlords' right of re-entry is

    exercised following abandonment of the premises by Tenant, then Landlords may considerany personal property belonging to Tenant and left on the premises to also have beenabandoned, in which case Landlords may dispose of all such personal property in anymanner Landlords shall deem proper and are hereby relieved of all liability for doing so.

    22. Notice. Notices under this Lease shall not be deemed valid unless given or served inwriting and forwarded by mail, postage prepaid, addressed as follows: Landlords: FilomenaA. Volpe and Maria R. Volpe, Box 11101, Albany, New York 12211 andTenant: Amy Tweed,11 Catskill Street, Albany, New York, 12203.

    23. Binding Effect. The agreements and conditions herein contained shall apply to and bind

    the heirs, legal representatives, and assigns of the parties hereto, and all agreements areto be construed as conditions of this lease.

    _________________________________________ _____________________________________________

    Landlord Signature Tenant Signature

    ________________________________________ _____________________________________________

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    Landlord Signature Date

    ________________________________________

    Date

    Tenant has inspected the Premises and states that the Premises are in satisfactory condition,free of defects, except as noted below:

    SATISFACTORY COMMENTSCarpeting

    Upstairs ______ _______________________________Stairway ______ _______________________________ Downstairs ______ _______________________________

    Hardwood floors ______ _______________________________Walls ______ _______________________________Wallpaper

    Kitchen ______ _______________________________ Downstairs Bath ______ _______________________________

    Upstairs Bath ______ _______________________________Stove ______ _______________________________Refrigerator ______ _______________________________Dishwasher ______ _______________________________Storms/Screens ______ _______________________________Windows ______ _______________________________Bathrooms

    Downstairs ______ _______________________________Upstairs ______ _______________________________

    ClosetsDownstairs ______ _______________________________Upstairs ______ _______________________________

    Ceilings ______ _______________________________

    Doors ______ _______________________________Locks

    Front door ______ _______________________________ Back door ______ _______________________________ Deck door ______ _______________________________ Garage doors ______ _______________________________Windows______ _______________________________

    Light FixturesDownstairs ______ _______________________________ Upstairs ______ _______________________________

    Deck ______ _______________________________ Deck Lights ______ _______________________________ Smoke Detectors ______ _______________________________

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