Your document review
Attention levels show how closely a term is worth reading. They do not say whether an agreement is legal, enforceable, fair, or safe.
Your agreement at a glance
- Document
- Sample Residential Lease
- Term
- 12 months
- Monthly payment
- $1,850
- Security deposit
- $1,850
- Renewal
- Automatic
- Cancellation notice
- 60 days
- Early termination
- Possible fee
Top 3 things to review
- 1Automatic Renewal
If you don't send written notice 60 days before the lease ends, it renews for another full year on its own.
- 2Early Termination
Ending the lease early costs two months of rent, and the deposit is not returned.
- 3Arbitration
Disagreements go to a private arbitrator instead of court.
Red flag report
This Lease shall automatically renew for successive twelve (12) month terms unless Tenant provides written notice at least sixty (60) days prior to the end of the then-current Term.
Where it appears: Page 4 — Section 8
If you don't send written notice 60 days before the lease ends, it renews for another full year on its own.
Missing the notice window could commit you to another 12 months of rent even if you planned to move.
- Can the automatic renewal be removed or changed to month-to-month?
- How and where do I send the written notice?
HIGH ATTENTION: This term could have a real financial or practical impact on you. It's worth reading closely and asking about before you sign.
Important terms
Questions to ask before you sign
- Can the automatic renewal provision be removed?
- Can the 60-day cancellation notice period be shortened?
- What exactly happens if I need to terminate early?
- Can the early termination fee be waived or reduced?
- Is the $150 repair responsibility per repair or per year?
These are questions for clarification or discussion. They are not legal advice.
Source clauses from your document
This Lease shall automatically renew for successive twelve (12) month terms unless Tenant provides written notice at least sixty (60) days prior to the end of the then-current Term.
Tenant may terminate early upon payment of a fee equal to two (2) months' rent plus forfeiture of the Security Deposit.
Any dispute arising under this Lease shall be resolved by binding arbitration in the county where the Property is located.
Tenant is responsible for the first $150 of any repair, including appliance service calls.
Landlord may enter the Premises with twenty-four (24) hours' notice.
Need professional advice?
ShieldMyDoc is an informational tool. It does not provide legal advice, represent you, determine whether an agreement is enforceable, or replace a licensed attorney. If something here matters to you, bring the questions above to a licensed attorney in your state.