Translation Exercise 5 -- Translating a legal document

RESIDENTIAL HOUSE LEASE AGREEMENT

This Residential House Lease Agreement ("Lease") is made and effective this [Date] by and between [Landlord] ("Landlord") and [Tenant One] and [Tenant Two] ("Tenant," whether one or more). This Lease creates joint and several liability in the case of multiple Tenants.

Do not have to translate the below; this is for your reference only:
Thus, in drafting a promissory note 本票；期票 for a debt, it is important to state that if there is more than one person owing the funds to be paid, the debt is joint and several, since then the person owed money (creditor, promisee) can collect the entire amount from any of the joint signers of the note, and not be limited to a share from each debtor.

1. PREMISES.

Landlord hereby rents to Tenant and Tenant accepts its present condition of the house at following address: [Complete Address of House] (the "House").

2. TERM.

The term of this Lease shall start on [Move-in Date], and end on [Lease End Date]. In the event that Landlord is unable to provide the House on the exact start date, then Landlord shall provide the House as soon as possible, and Tenant's obligation to pay rent shall abate during such period. Tenant shall not be entitled to any other remedy for any delay in providing the House.

3. RENT.

Tenant agrees to pay, without demand, to Landlord as rent for the House the sum of [Monthly Rental Amount] per month in advance on the first day of each calendar month, at [Address for Rent Payments], or at such other place as Landlord may designate. Landlord may impose a late payment charge of [Late Pay Charge] per day for any amount that is more than five (5) days late. Rent will be prorated if the term does not start on the first day of the month or for any other partial month of the term.

4. SECURITY DEPOSIT.

Upon execution of this Lease, Tenant deposits with Landlord [Security Deposit Amount], as security for the performance by Tenant of the terms of this Lease to be returned to Tenant, [With or Without Interest], following the full and faithful performance by Tenant of this Lease. In the event of damage to the House caused by Tenant or Tenant's family, agents or visitors, Landlord may use funds from the deposit to repair, but is not limited to this fund and Tenant remains liable.



6. USE OF PREMISES.

A. The House shall be used and occupied by Tenant exclusively as a private single-family residence. Neither the House nor any part of the House or yard shall be used at any time during the term of this Lease for the purpose of carrying on any business, profession, trade of any kind, or for any purpose other than as a private single-family residence.

B. Tenant shall comply with all the health and sanitary laws, ordinances, rules, and orders of appropriate governmental authorities and home associations, if any, with respect to the House.


In witness whereof, the parties have caused this Lease to be executed on the day and year first above written.