[{"id":"6200aed1-910c-4780-94a8-1094e042eae2","order":1,"text":"RESIDENTIAL LEASE AGREEMENT WITH OPTION TO PURCHASE","fontSize":"20","textAlign":"center","bold":true,"underline":false,"marginBottom":"5","cflou":false,"active":true},{"id":"4abc8422-64b2-4f3d-90f1-eaab87fdba8a","order":2,"text":"(Lease-Option / Rent-to-Own Agreement)","fontSize":"14","textAlign":"center","bold":false,"underline":false,"marginBottom":"25","cflou":false,"active":true},{"id":"379ef806-171c-4335-8978-d46f9d607321","order":3,"text":"This Residential Lease Agreement with Option to Purchase (this \"Agreement\") is made and entered into as of [Effective date] (the \"Effective Date\"), by and between the parties identified below.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"ebfcfdb6-779a-4ba6-9d4c-85927d6dd046","order":4,"text":"LANDLORD (SELLER)","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"5","cflou":false,"active":true},{"id":"a6fa6171-0919-4f00-ada6-8fded152fbcf","order":5,"text":"[Landlord's full legal name], an individual residing in the State of [State of residence], together with such party's heirs, personal representatives, successors and permitted assigns (the \"Landlord\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"5","cflou":false,"active":true,"displayConditions":[{"field":"343d1a6d-6847-4824-97f8-99949b0699d6","value":"individual","type":"add","operator":"="}]},{"id":"b535be97-30d9-40eb-b631-5622f3072527","order":6,"text":"[Legal name of the entity], a [Type of entity] organized and existing under the laws of the State of [State of organization], acting by and through [Name of the authorized signatory], its [Title of the signatory], duly authorized, together with its successors and permitted assigns (the \"Landlord\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"5","cflou":false,"active":true,"displayConditions":[{"field":"343d1a6d-6847-4824-97f8-99949b0699d6","value":"entity","type":"add","operator":"="}]},{"id":"c7dba8dd-ef1c-4f53-9770-8f5e7ab4a0e9","order":7,"text":"Address for notices: [Street address], [City, State and ZIP code]. Email: [Email address].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"28ab2769-62eb-46b8-8daa-a376eb7a3667","order":8,"text":"TENANT (BUYER)","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"5","cflou":false,"active":true},{"id":"40f716e0-791c-4f89-81b8-9eee3fd2e571","order":9,"text":"[First tenant's full legal name], together with such party's heirs, personal representatives, successors and permitted assigns (the \"Tenant\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"5","cflou":false,"active":true,"displayConditions":[{"field":"259942c8-c81c-40dc-8ae6-fc01d6e8dca3","value":"one","type":"add","operator":"="}]},{"id":"852dde6f-7ada-42b1-9fa1-ac7c67c22077","order":10,"text":"[First tenant's full legal name] and [Second tenant's full legal name], jointly and severally, together with their heirs, personal representatives, successors and permitted assigns (collectively, the \"Tenant\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"5","cflou":false,"active":true,"displayConditions":[{"field":"259942c8-c81c-40dc-8ae6-fc01d6e8dca3","value":"two","type":"add","operator":"="}]},{"id":"0583b3d7-9e52-4d28-9e79-45f858c0b0b5","order":11,"text":"Email: [Email address]. Telephone: [Telephone number].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"5","cflou":false,"active":true},{"id":"aba2a0c5-7fc9-40ca-b1f0-ebcd6e0f8786","order":12,"text":"Second tenant, email: [Email address]. Telephone: [Telephone number].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"5","cflou":false,"active":true,"displayConditions":[{"field":"259942c8-c81c-40dc-8ae6-fc01d6e8dca3","value":"two","type":"add","operator":"="}]},{"id":"966bc06b-f0df-43ba-b1c3-ed3ee16f9731","order":13,"text":"The Landlord and the Tenant are referred to individually as a \"Party\" and collectively as the \"Parties\".","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"25a0a9d1-d6ea-43a9-a5a2-f0b207ad2f16","order":14,"text":"RECITALS","fontSize":"16","textAlign":"center","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"marginTop":"10"},{"id":"1918f5a5-d8ae-4b39-ad1e-8b46bff90e04","order":15,"text":"WHEREAS, the Landlord is the lawful owner of the residential real property described in this Agreement and is willing to lease that property to the Tenant and to grant the Tenant an exclusive option to purchase it;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"ce721c76-1f84-4960-a058-e9593cfb8f56","order":16,"text":"WHEREAS, the Tenant desires to lease the Property, to occupy it as the Tenant's principal residence, and to acquire an exclusive option to purchase the Property upon the terms and conditions set out below;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"e241dcd1-4ebe-40ac-84db-c5052df33718","order":17,"text":"WHEREAS, the Parties intend that this Agreement create both a lease of the Property and a separate and independent option to purchase the Property, and that the Option shall not vest any present legal or equitable estate in the Property in the Tenant other than the contractual rights expressly granted by this Agreement;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"23ef3207-5326-4a71-9848-86a14b3eabf5","order":18,"text":"WHEREAS, the Parties have each had the opportunity to obtain independent legal advice with respect to this Agreement;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"f3d6f4fc-8093-4e78-9603-2ef9a5c8f220","order":19,"text":"NOW, THEREFORE, in consideration of the mutual covenants and promises contained in this Agreement, and of other good and valuable consideration, the receipt and sufficiency of which are acknowledged, the Parties agree as follows:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"cb75dcda-619d-4fda-b80b-4addcd39a49d","order":20,"text":"1. DEFINITIONS AND INTERPRETATION","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S01"},{"id":"46299c5a-e4ec-441a-816e-652934a11b66","order":21,"text":"In this Agreement, the following terms have the meanings given below. Terms defined elsewhere in this Agreement bear the meanings there assigned to them.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"82c63f24-20b6-4805-be97-a1faf27bd04e","order":22,"text":"\"Business Day\" means any day other than a Saturday, a Sunday or a federal legal holiday on which national banks in the State are authorized to close.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b1012e71-be53-483c-9d64-720897404113","order":23,"text":"\"Closing\" means the consummation of the sale and purchase of the Property following a valid exercise of the Option, at which the Purchase Price is paid and title to the Property is conveyed to the Tenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"c5c16461-f359-4933-8ff9-5d690c37c99b","order":24,"text":"\"Exercise Notice\" means the written notice by which the Tenant exercises the Option, given in the manner required by this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b3b641a1-7fee-420c-ba50-5e0af056d8a8","order":25,"text":"\"Lease Term\" means the period during which the Tenant is entitled to possession of the Property under this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"121a0a57-3c06-47ca-a357-298e1eb212f4","order":26,"text":"\"Option\" means the exclusive right, but not the obligation, granted to the Tenant to purchase the Property upon the terms of this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"4190d998-5360-4bc5-9f63-12304fd111a2","order":27,"text":"\"Option Fee\" means the consideration paid by the Tenant to the Landlord for the grant of the Option.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f14a78fd-3f57-4dbd-8f71-e1d27d3dfce9","order":28,"text":"\"Option Period\" means the period during which the Option may be exercised.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"6de0ce43-73bd-40ab-843b-4f26bfe4e494","order":29,"text":"\"Property\" means the residential real property described in this Agreement, together with all improvements, fixtures and appurtenances belonging to it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"9dd906ff-62fa-497c-9d62-2f274c0330bf","order":30,"text":"\"Purchase Price\" means the price payable by the Tenant for the Property upon exercise of the Option, determined as set out in this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b8e8e929-801c-4ee6-b480-7ab345d739f0","order":31,"text":"\"Rent\" means the monthly rent payable by the Tenant under this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"83cc42dc-e7f5-4054-8ed1-ed06b3a441ae","order":32,"text":"\"Rent Credit\" means any portion of a monthly installment of Rent which this Agreement provides is to be credited against the Purchase Price. Where this Agreement provides for no such credit, no Rent Credit accrues and every reference in this Agreement to an accrued Rent Credit is to be read as referring to a nil amount.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ec253861-96cf-4703-b8f6-77fad26c7dd3","order":33,"text":"\"State\" means the State in which the Property is located, being the State of [State].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"256be969-64a2-4095-bd45-af146c7d9866","order":34,"text":"Headings are inserted for convenience only and do not affect the interpretation of this Agreement. Words importing the singular include the plural and the converse. A reference to a statute includes that statute as amended from time to time and any successor provision. The words \"include\" and \"including\" are not words of limitation. No rule of construction requiring an instrument to be construed against its drafter applies to this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"eb603bd1-4c22-4136-b3ce-a7fc800dde29","order":35,"text":"2. THE PROPERTY","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S02"},{"id":"af7f0562-637f-4430-b400-e118e9030bcc","order":36,"text":"The Landlord leases to the Tenant, and the Tenant leases from the Landlord, the residential real property located at [Street address of the property], [City, State and ZIP code], in the County of [County] (the \"Property\"). The Property is a single-family dwelling.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"6ae87ad7-0f92-4928-9056-5357414af582","order":37,"text":"The Property is further identified by assessor's parcel or tax identification number [Parcel / tax ID number] and by the following legal description: [Legal description of the property].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"6c0bea5c-432c-416f-8ce2-f9fa6d36bc92","order":38,"text":"The Property is leased together with all improvements, fixtures, built-in appliances, systems and appurtenances presently located upon it, and excluding any item of personal property that is not listed in a written inventory signed by both Parties.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ec511e09-764c-4676-a2d4-f21ced9191ea","order":39,"text":"The Tenant has inspected the Property and, subject to the express representations of the Landlord contained in this Agreement and to the Landlord's repair obligations, accepts the Property in its present condition.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"bf00a556-3669-4bee-9f69-e5cd022acdad","order":40,"text":"3. TERM OF THE LEASE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S03"},{"id":"4df3e73d-6e7a-449b-9949-2ea8da58537a","order":41,"text":"The Lease Term commences on [Commencement date] and expires at 11:59 p.m. on [Expiration date], unless sooner terminated in accordance with this Agreement or extended by a writing signed by both Parties.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"7140c43f-fb52-45c8-99f9-92a09f654106","order":42,"text":"Time is of the essence with respect to every date, period and deadline specified in this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"15e38e53-a59b-4fb5-b619-a4b86ebb8754","order":43,"text":"If the Tenant validly exercises the Option, the Lease Term continues until Closing, and this Agreement governs the relationship of the Parties as landlord and tenant until possession passes at Closing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"9713c496-c121-498a-a53f-e2ab754c8948","order":44,"text":"4. RENT","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S04"},{"id":"6757bb4f-f52b-4fb1-a2bb-1d53c6de0f7e","order":45,"text":"The Tenant shall pay to the Landlord rent in the amount of $[Monthly rent] per month (the \"Rent\"), payable in advance on the first day of each calendar month during the Lease Term, without demand, deduction, set-off or counterclaim except as applicable law requires.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"40fd37f1-4307-4fe3-8087-76c363d673ef","order":46,"text":"Rent shall be paid by electronic funds transfer to the account designated by the Landlord in writing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"925b14ef-f834-49a0-9f05-be8e2f57231f","order":47,"text":"If any installment of Rent is not received within [Grace period in days] days after the day on which it falls due, the Tenant shall pay a late charge of $[Late charge]. The Parties agree that this charge is a reasonable estimate of the administrative cost occasioned to the Landlord by late payment and is not a penalty, and that it shall not exceed any maximum permitted by the law of the State.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"94c57fb9-8c5b-4959-b6f9-df7b2cb89a9f","order":48,"text":"Any payment returned unpaid by the drawee institution shall be treated as unpaid until replaced by certified funds, together with any returned-payment charge permitted by applicable law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"4f0732ab-c8ae-4057-abc3-4fca2ec4f6e5","order":49,"text":"The Landlord's acceptance of a late payment or of a partial payment does not waive the Landlord's rights in respect of that default or of any subsequent default, and does not create a course of dealing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"bb0e991a-1dce-44d4-bf7d-eab563fac93d","order":50,"text":"The covenant to pay Rent is independent of every other covenant contained in this Agreement. Rent that has accrued before termination survives termination of this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"e0d506bd-3d97-4f8e-aba4-2298b1a8ebfd","order":51,"text":"5. SECURITY DEPOSIT","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S05"},{"id":"7c41aeed-b2a7-48af-88bd-c92748b23f6d","order":52,"text":"Upon execution of this Agreement the Tenant shall deposit with the Landlord the sum of $[Security deposit] as a security deposit (the \"Security Deposit\"), which secures the performance by the Tenant of every obligation contained in this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"6e48e2ed-b8cb-4802-84c5-0dc66aa705dc","order":53,"text":"The Landlord shall hold and account for the Security Deposit in accordance with the law of the State, including any requirement to hold the deposit in a separate or interest-bearing account, any statutory limit upon the amount that may be demanded, and any obligation to deliver a written receipt or statement of the place of deposit.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ad396da7-85ea-4266-9e64-7fc73c723214","order":54,"text":"The Landlord may apply the Security Deposit to unpaid Rent, to the cost of repairing damage beyond ordinary wear and tear, to cleaning costs reasonably incurred, and to any other sum lawfully owed by the Tenant. Within [Number of days] days after the Tenant vacates and returns possession, the Landlord shall return the balance of the Security Deposit together with an itemized statement of any deduction, to the extent and in the manner required by applicable law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ea9b1a28-b6aa-43b9-bda9-05a315b1df3d","order":55,"text":"The Security Deposit is not, and shall not be treated as, an advance payment of Rent, an Option Fee, a Rent Credit or a down payment upon the Purchase Price. If the Option is exercised, the Security Deposit shall be dealt with upon the settlement statement at Closing or otherwise returned to the Tenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"c66a123b-093d-436e-a40a-7e1a8a620595","order":56,"text":"6. UTILITIES AND SERVICES","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S06"},{"id":"eaaa1c33-8ff5-4db6-807e-48147748c09c","order":57,"text":"The Tenant shall pay, when due and directly to the provider, the following utilities and services supplied to the Property: [Utilities paid by the tenant].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b15236f1-e0a5-4118-bb6e-9729262285be","order":58,"text":"The Landlord shall pay the following utilities and services: [Utilities paid by the landlord].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"3413e9f7-6e17-4c64-a899-eabee4bbc2f8","order":59,"text":"The Tenant shall not permit any utility serving the Property to be disconnected during the Lease Term except upon vacating the Property. Failure to maintain essential utilities in service, where that failure exposes the Property to damage, is a material default.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b1532690-7e2b-446b-b687-36b2e079490d","order":60,"text":"7. USE AND OCCUPANCY","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S07"},{"id":"6ded0991-868b-4aba-a29d-cf6ba8945872","order":61,"text":"The Property shall be used solely as a private residential dwelling for the Tenant and for no more than [Maximum number of occupants] occupants in total. No trade or business may be conducted at the Property other than a lawful home occupation that does not increase the premium of any insurance policy, generate customer traffic, or contravene any applicable restriction.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"4df733b0-dfab-4554-89e5-963f29667a72","order":62,"text":"The Tenant shall comply with all applicable laws, ordinances and health and safety codes, and with all reasonable rules and regulations of which the Tenant is given written notice.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"1998cc86-f814-4522-bd3b-b87adc4ef819","order":63,"text":"The Tenant shall not commit or permit any waste, nuisance, unlawful activity or conduct that unreasonably disturbs the quiet enjoyment of neighboring occupants.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"69960950-6479-4a6e-83da-947dce4ad0f0","order":64,"text":"Smoking of any substance is prohibited within the dwelling and within any attached structure or enclosed common area of the Property.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"5986f1e9-0834-4d90-8423-e65ed839567f","order":65,"text":"8. PETS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S08"},{"id":"102a1a0c-fd07-4955-a0d0-c64a31e8275f","order":66,"text":"The Tenant may keep the following animals at the Property: [Animals permitted]. No other animal may be kept, harbored or permitted at the Property without the prior written consent of the Landlord. The Tenant shall pay an additional refundable pet deposit of $[Pet deposit], which secures the repair of any damage occasioned by an animal.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"db77b4da-8aad-493d-82c0-782128f64b13","value":"allowed","type":"add","operator":"="}]},{"id":"964dafa0-97a8-494b-b862-ce0f7967e2f3","order":67,"text":"The Tenant is responsible for all damage, cleaning, deodorizing, pest treatment and third-party claims occasioned by any animal kept at the Property, and shall indemnify and hold the Landlord harmless against the same.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"db77b4da-8aad-493d-82c0-782128f64b13","value":"allowed","type":"add","operator":"="}]},{"id":"83b02cec-9a09-486d-a01d-a7c6c5b8a10c","order":68,"text":"No animal of any kind may be kept, harbored or permitted at the Property at any time, whether temporarily or permanently, without the prior written consent of the Landlord, which consent may be withheld in the Landlord's discretion. The presence of an animal in breach of this provision is a material default.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"db77b4da-8aad-493d-82c0-782128f64b13","value":"notallowed","type":"add","operator":"="}]},{"id":"d207d2c9-cae4-4f0f-928d-ed15ea803afa","order":69,"text":"Nothing in this Agreement restricts an assistance animal or service animal that is required to be accommodated under applicable fair housing law, and no pet deposit or additional rent shall be charged in respect of such an animal.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"c2093e23-c990-434c-9ea0-9c8ef50499da","order":70,"text":"9. MAINTENANCE, REPAIRS AND ALTERATIONS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S09"},{"id":"9c4aac1a-216e-4902-95d5-bef5b0c42663","order":71,"text":"The Tenant shall keep the Property clean, sanitary and in good order and shall be responsible for routine maintenance and for the cost of any single repair not exceeding $[Repair threshold], including the replacement of light bulbs, filters, batteries and similar consumables, and including the cost of any repair rendered necessary by the act, omission or negligence of the Tenant or of the Tenant's guests or invitees.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"5d01a579-021f-47ac-b490-d008eeb35328","order":72,"text":"The Landlord shall be responsible for the structure, roof, foundation and exterior walls of the dwelling, for the plumbing, electrical, heating and cooling systems, and for any repair exceeding the amount stated above, except where the need for the repair arises from the act, omission or negligence of the Tenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"9239b3f0-29f8-4df2-98c1-54a259e9ee5e","order":73,"text":"The Landlord shall maintain the Property in a condition fit for human habitation as required by applicable law. The Tenant shall give the Landlord prompt written notice of any condition requiring repair. The Landlord's statutory and contractual repair obligations are not diminished by the grant of the Option, and any waiver of them by the Tenant is void to the extent prohibited by the law of the State.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"cfc11f42-9452-48e9-b80d-a208af60f442","order":74,"text":"The Tenant shall make no alteration, addition or improvement to the Property without the prior written consent of the Landlord. Any approved alteration becomes part of the Property at the end of the Lease Term unless the Landlord requires its removal, and the Tenant is not entitled to compensation for it if the Option is not exercised or if Closing does not occur.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"9b4c1742-1aed-41c0-a495-ff89859ff8ac","order":75,"text":"The Tenant shall not remove any fixture, appliance or system from the Property, nor cause or permit any lien to attach to the Property, and shall discharge at the Tenant's expense any mechanic's or materialman's lien arising from work ordered by the Tenant within twenty days after notice of it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"76cfd849-4917-4bb9-915d-c88113ee55e6","order":76,"text":"10. SAFETY DEVICES AND ENVIRONMENTAL MATTERS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S10"},{"id":"c793153e-e4f3-4be2-b368-49641c28227d","order":77,"text":"The Landlord shall install and maintain smoke detectors and carbon monoxide detectors in the numbers and at the locations required by the law of the State and by any applicable local ordinance, and certifies that every such device was installed and operating at the commencement of the Lease Term.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"5ff1c2f5-1167-402c-a52c-418a7e648d10","order":78,"text":"The Tenant shall test each detector monthly, shall replace batteries as required, and shall give the Landlord immediate written notice of any device that is inoperative. The Tenant shall not disable, remove or obstruct any detector and is liable for any loss occasioned by a breach of this covenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"d7573322-12cb-4e6e-804e-1c8a873b6ea7","order":79,"text":"The Tenant shall keep the Property free from conditions conducive to the growth of mold, including by using the ventilation and exhaust equipment provided, by reporting promptly any leak, water intrusion, damp area or plumbing failure, and by refraining from obstructing any air vent. The Landlord shall respond promptly to any water intrusion reported by the Tenant and shall remediate any resulting mold as applicable law requires.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b1df1f93-e8eb-4624-a5b4-456adefaa0be","order":80,"text":"The Landlord has no actual knowledge of any environmental hazard affecting the Property, including asbestos, radon, methamphetamine contamination, an underground storage tank or contaminated soil, except as disclosed in writing to the Tenant before the execution of this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"543f78a3-4977-42d5-bdc5-9bf2a20a3c30","order":81,"text":"11. INSURANCE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S11"},{"id":"39658f5c-40fa-4e59-850a-bf7fc037a0f5","order":82,"text":"Throughout the Lease Term and the Option Period the Tenant shall obtain and maintain a renter's insurance policy affording personal liability coverage of not less than $[Minimum liability coverage] for each occurrence, together with coverage for the Tenant's personal property. The Tenant shall name the Landlord as an interested party and shall furnish evidence of coverage upon request.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"82fc5d4d-83d0-45a0-b183-2956fb2340c7","order":83,"text":"The Landlord shall maintain a policy of hazard insurance upon the dwelling in an amount not less than its full replacement cost. The Landlord's policy does not cover the Tenant's personal property and the Tenant is not a beneficiary of it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"690b77bd-03f3-4137-9b60-5efc14e0565c","order":84,"text":"Neither Party is liable to the other for any loss to the extent that the loss is covered by insurance, and each Party waives, to the extent permitted by its policy, every right of subrogation against the other.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"4e20489f-7b10-441e-9622-98af71e18546","order":85,"text":"12. DAMAGE, DESTRUCTION AND CONDEMNATION","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S12"},{"id":"721adbcf-d9db-49ee-826e-d4461629f773","order":86,"text":"If the Property is damaged by fire or other casualty and the damage renders the dwelling wholly or substantially untenantable, either Party may terminate the Lease Term by written notice given within thirty days after the casualty, in which case Rent shall be apportioned to the date upon which the Property became untenantable and the Security Deposit shall be returned, subject to the Tenant's remaining obligations.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"127ffd88-2a6f-4648-b070-36a3b7ada409","order":87,"text":"If the damage is partial and the dwelling remains tenantable, the Landlord shall repair it with reasonable diligence and the Rent shall abate in the proportion which the part of the Property rendered unusable bears to the whole, from the date of the casualty until the repairs are substantially complete.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"20bba52d-df6c-411e-a822-64bf620d33b8","order":88,"text":"The proceeds of insurance payable in respect of the dwelling belong to the Landlord and shall be applied to the repair of the Property, except where the Lease Term is terminated in accordance with this Article. Where the Option has been validly exercised and the Landlord elects not to repair, the Tenant may elect either to complete the purchase and receive an assignment of the insurance proceeds, less any sum already applied to repairs, or to terminate the purchase and receive a refund of the Option Fee together with an amount equal to all accrued Rent Credits.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f0199b4f-c86a-42c8-8d51-27cfd8e85470","order":89,"text":"Until possession passes at Closing the risk of loss remains with the Landlord, who shall keep the hazard insurance required by this Agreement in force throughout that period.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"9bf0bca4-8dd7-4b06-aaad-eabe0f63dfe3","order":90,"text":"If the whole or any material part of the Property is taken by eminent domain, or is conveyed under threat of such a taking, the Tenant may terminate this Agreement by written notice given within thirty days after receiving notice of the taking and shall receive a refund of the Option Fee together with an amount equal to the accrued Rent Credits, if any. Where the Tenant elects to proceed, the Purchase Price shall be reduced by so much of the award as is attributable to the part taken, the balance of the award belonging to the Landlord, and the Tenant retains any separate award made for relocation expenses or for the Tenant's own property.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"a592a970-2eb4-42e8-988d-aa9e876ddbf6","order":91,"text":"13. HOMEOWNERS ASSOCIATION","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"f6d43584-5472-4b24-9dd1-319c321ad66f","value":"subject","type":"add","operator":"="}],"marginTop":"20","sectionNum":"S13"},{"id":"eae72a5f-0be7-4a55-ac61-e8d42fd8a059","order":92,"text":"The Property is subject to recorded covenants, conditions and restrictions administered by [Name of the association] (the \"Association\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"f6d43584-5472-4b24-9dd1-319c321ad66f","value":"subject","type":"add","operator":"="}]},{"id":"56dd7c70-1263-4edb-97b6-ec12d248a8ca","order":93,"text":"Until Closing the Landlord shall pay the regular assessments of the Association, presently $[Monthly assessment] per month, and shall not permit any assessment to fall into arrears. The Tenant shall comply with the governing documents and rules of the Association and shall reimburse the Landlord for any fine or charge levied as a result of the Tenant's act or omission.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"f6d43584-5472-4b24-9dd1-319c321ad66f","value":"subject","type":"add","operator":"="}]},{"id":"28740e42-9164-4842-976b-7ce7ff598c0d","order":94,"text":"The Landlord shall deliver to the Tenant, upon request, copies of the governing documents of the Association, and shall not vote in favor of any amendment that would materially impair the Tenant's ability to complete the purchase contemplated by this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"f6d43584-5472-4b24-9dd1-319c321ad66f","value":"subject","type":"add","operator":"="}]},{"id":"c5250a97-8dba-4850-a581-e43508823200","order":95,"text":"14. QUIET ENJOYMENT AND ACCESS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S14"},{"id":"6c3b66f1-a3cf-41df-af0d-61411a8c718a","order":96,"text":"So long as the Tenant is not in material default, the Tenant shall have quiet enjoyment of the Property throughout the Lease Term.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b77a8531-c5c2-4670-ab1f-cb863199049e","order":97,"text":"The Landlord and the Landlord's agents may enter the Property at reasonable times, upon reasonable advance notice of not less than twenty-four hours or such longer notice as applicable law requires, in order to inspect the Property, make repairs, supply services, show the Property to appraisers, inspectors, insurers or lenders, and comply with law. Notice is not required in an emergency or where entry is otherwise permitted by law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"5b879f80-f670-44ba-a780-4ba6bd873372","order":98,"text":"During the final sixty days of the Lease Term, if the Option has not been exercised, the Landlord may show the Property to prospective tenants or purchasers upon reasonable notice and may display customary signage.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"3c70cba7-0e56-4943-9028-cfd0243009c7","order":99,"text":"15. GRANT OF THE OPTION TO PURCHASE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S15"},{"id":"a918cd33-b23e-491f-b5cf-b1fe2d18f7a1","order":100,"text":"In consideration of the Option Fee and of the covenants of the Tenant contained in this Agreement, the Landlord grants to the Tenant the exclusive and irrevocable right, but not the obligation, to purchase the Property upon the terms of this Agreement (the \"Option\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"e14742c8-5e55-428d-9eb4-37774df2a456","order":101,"text":"The Option Period commences on [Date the option period begins] and expires at 5:00 p.m. local time at the Property on [Last day to exercise the option] (the \"Option Expiration Date\"), unless the Option is sooner terminated in accordance with this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f93b8a1e-e6e9-4724-b217-6646dbde45aa","order":102,"text":"The Option is granted upon the express condition that the Tenant is not in material default under this Agreement either at the date of the Exercise Notice or at Closing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"962be702-a41d-43fc-9523-e8925c51b8e8","order":103,"text":"The Parties intend the Option to be a true option and not a present conveyance, an equitable mortgage, a contract for deed, an installment land contract or a security device. Nothing in this Agreement conveys legal or equitable title to the Tenant before Closing. If, notwithstanding this intention, a court of competent jurisdiction determines that the law of the State treats this Agreement as an executory contract for the conveyance of real property, the Parties intend that every notice, disclosure, accounting, recording, cure and forfeiture-limitation requirement imposed by that law apply to this Agreement and be read into it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"c86730e7-0409-4c01-9406-5d759e12cef7","order":104,"text":"During the Option Period the Landlord shall not sell, contract to sell, further encumber, grant any option or right of first refusal over, or lease the Property to any person other than the Tenant, without the prior written consent of the Tenant. This prohibition does not preclude a transfer of the Property made expressly subject to this Agreement and to the Option, and upon which the transferee assumes in writing every obligation of the Landlord under this Agreement, as provided in the Article entitled Assignment and Subletting.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ad6e6274-559f-453b-b2e9-7bd206c3a0ae","order":105,"text":"16. OPTION FEE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S16"},{"id":"f6b40a9c-371c-4aa0-8b51-677f714aeaac","order":106,"text":"The Tenant shall pay to the Landlord an option fee of $[Option fee] (the \"Option Fee\"), payable in full on or before the execution of this Agreement. The Option Fee is earned by the Landlord upon payment and is non-refundable, except where this Agreement expressly provides for its return.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"3e25dd9b-9b83-4cde-af7a-1323342b320a","order":107,"text":"The Option Fee shall be credited in full against the Purchase Price at Closing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b99f7b90-7cdd-41d9-8edf-827a2bf29f72","order":108,"text":"The Option Fee shall be paid directly to the Landlord.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"a272ecf7-56bf-468b-8dc2-eec8cc11d586","order":109,"text":"The Option Fee is not Rent, is not a security deposit and is not a down payment upon the Property. If the Option expires or is terminated without a Closing, otherwise than in a case in which this Agreement expressly provides for the return of the Option Fee, the Landlord retains it absolutely.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"66cf873a-d055-4e3a-b6ac-a1777a3d8a18","order":110,"text":"17. PURCHASE PRICE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S17"},{"id":"e2df2034-8845-4309-9fac-f540ffe9a2cd","order":111,"text":"The purchase price for the Property is fixed at $[Purchase price] (the \"Purchase Price\"). The Purchase Price is not subject to adjustment by reason of any change in the market value of the Property during the Option Period.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"76a60a7e-ea90-4eef-8f3e-619f71e29dc9","value":"fixed","type":"add","operator":"="}]},{"id":"1e5099af-3c6f-4565-81f9-362668c37b37","order":112,"text":"The purchase price for the Property (the \"Purchase Price\") shall be [Percentage] percent of the fair market value of the Property as determined by a licensed appraiser selected jointly by the Parties or, failing agreement within ten Business Days after the Exercise Notice, by an appraiser appointed by the presiding officer of the local board of realtors, provided that the Purchase Price shall in no event be less than $[Minimum purchase price].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"76a60a7e-ea90-4eef-8f3e-619f71e29dc9","value":"appraisal","type":"add","operator":"="}]},{"id":"ce725d26-99d7-4355-99ef-1d92c9393504","order":113,"text":"The appraisal shall be obtained within thirty days after the Exercise Notice, its cost shall be borne equally by the Parties, and the determination of the appraiser shall be binding upon both Parties in the absence of manifest error or fraud.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"76a60a7e-ea90-4eef-8f3e-619f71e29dc9","value":"appraisal","type":"add","operator":"="}]},{"id":"f6d54e10-fda8-48be-9b13-5ed340b0a845","order":114,"text":"The Purchase Price shall be reduced by the credits, if any, for which this Agreement expressly provides, and the balance shall be payable in cash or in immediately available funds at Closing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"e65d741a-cdd4-4040-be8c-a0d476cadfda","order":115,"text":"18. PROPERTY INCLUDED IN THE SALE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S18"},{"id":"a4f1f5be-9b30-4e74-85f3-67252ef8af55","order":116,"text":"Upon Closing the Property shall be conveyed together with every fixture and improvement permanently affixed to it, including built-in appliances, heating and cooling equipment, water heaters, plumbing and electrical fixtures, ceiling fans, window coverings, garage door openers with all remote controls, mailboxes, and all trees, shrubs and landscaping.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"10f67764-8db9-44ad-8679-0d9be2ced767","order":117,"text":"The following items of personal property are included in the sale at no additional cost and shall be transferred at Closing by bill of sale, free of any lien or security interest: [Personal property included in the sale].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"4969d41d-8310-4b53-9a4e-23635301a5ab","order":118,"text":"Any item of personal property that is not listed above remains the property of the Landlord and may be removed at or before Closing, provided that the removal is effected without damage to the Property and that any damage caused is made good at the Landlord's expense.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"bc23ad67-e76c-40a6-8756-b21d3dfcb0fa","order":119,"text":"19. RENT CREDITS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"a7495ee4-4b8c-4a76-9b8b-3ac13390e1b8","value":"credit","type":"add","operator":"="}],"marginTop":"20","sectionNum":"S19"},{"id":"8323b128-f910-49c6-9194-2838984ebc24","order":120,"text":"For each full monthly installment of Rent that is received by the Landlord on or before the day upon which it falls due, the Landlord shall credit to the Tenant the sum of $[Monthly rent credit] against the Purchase Price (a \"Rent Credit\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"a7495ee4-4b8c-4a76-9b8b-3ac13390e1b8","value":"credit","type":"add","operator":"="}]},{"id":"9c965cbf-31dd-4660-ae4f-2d058c0e0cc7","order":121,"text":"No Rent Credit accrues in respect of any installment of Rent that is paid late, is paid in part or is not paid. A Rent Credit once lost is not recoverable, and the Landlord's acceptance of a late payment does not reinstate it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"a7495ee4-4b8c-4a76-9b8b-3ac13390e1b8","value":"credit","type":"add","operator":"="}]},{"id":"f2b7cf71-360e-4259-ac5d-184587fb46f0","order":122,"text":"The aggregate of all Rent Credits shall not exceed $[Maximum aggregate credit]. Rent Credits are not refundable, do not constitute a debt owing by the Landlord to the Tenant, and have value only upon a Closing that follows a valid exercise of the Option. If the Option expires, is terminated or is not exercised, all accrued Rent Credits are forfeited in full, subject to any contrary requirement of the law of the State.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"a7495ee4-4b8c-4a76-9b8b-3ac13390e1b8","value":"credit","type":"add","operator":"="}]},{"id":"d1a63dbe-f03c-4386-9758-c04b3ee2786e","order":123,"text":"Upon reasonable written request, and not more than twice in any period of twelve months, the Landlord shall deliver to the Tenant a written statement of the Rent Credits accrued to date.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"a7495ee4-4b8c-4a76-9b8b-3ac13390e1b8","value":"credit","type":"add","operator":"="}]},{"id":"acf2d247-f3ed-4952-8331-963b485a733c","order":124,"text":"20. EXERCISE OF THE OPTION","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S20"},{"id":"fb6c187a-905f-408f-b1aa-628f744fc8b6","order":125,"text":"The Tenant may exercise the Option only by delivering to the Landlord a written Exercise Notice, signed by the Tenant, stating unequivocally that the Tenant exercises the Option, and delivered in the manner required for notices under this Agreement so as to be received on or before the Option Expiration Date.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"0903a670-c8f3-48d8-a458-bb68ab22866c","order":126,"text":"The Option may be exercised only if, at the date of the Exercise Notice, the Tenant is not in material default under this Agreement and no Rent or other sum then due remains unpaid.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ac42afe3-f9c0-4faa-894c-18cedecd7d4d","order":127,"text":"An Exercise Notice given after the Option Expiration Date, or given while the Tenant is in material default, is of no effect. The Option is not extended by any negotiation between the Parties, by the Landlord's forbearance, or by any course of dealing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"8066b63b-e619-465a-bc1a-8e7ea505ff33","order":128,"text":"Upon valid exercise of the Option this Agreement becomes a binding contract for the sale and purchase of the Property upon the terms set out in it, and the Parties shall proceed to Closing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"9abd07c6-6492-4d66-93e4-c862664e7dea","order":129,"text":"If the Option is not validly exercised on or before the Option Expiration Date it expires automatically and without notice, and the rights and obligations of the Parties as landlord and tenant continue for the balance of the Lease Term.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b3f79778-f02e-43f5-8f65-3fa090b5ec00","order":130,"text":"21. FINANCING","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S21"},{"id":"a2e0766a-2838-4480-8473-f3844cc86aed","order":131,"text":"The obligation of the Tenant to complete the purchase is contingent upon the Tenant obtaining a loan secured by a first lien upon the Property upon commercially reasonable terms. The Tenant shall submit a complete loan application to a reputable institutional lender within [Number of days] days after the Exercise Notice and shall pursue that application diligently and in good faith.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"e0a9d869-2900-4ec5-aa4c-03cf8813e4ec","value":"contingent","type":"add","operator":"="}]},{"id":"4620bd14-fa96-495c-9ccb-7ebb727f8abe","order":132,"text":"If, notwithstanding diligent and good-faith efforts, the Tenant is unable to obtain a written loan commitment on or before the date scheduled for Closing, the Tenant may terminate the purchase by written notice to the Landlord accompanied by the lender's written denial, whereupon the Option terminates, this Agreement continues as a lease for the balance of the Lease Term, and the Landlord retains the Option Fee and all accrued Rent Credits.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"e0a9d869-2900-4ec5-aa4c-03cf8813e4ec","value":"contingent","type":"add","operator":"="}]},{"id":"f962ff1a-030e-4b8a-b32b-ae7f65d9b122","order":133,"text":"The obligation of the Tenant to complete the purchase is not contingent upon the Tenant obtaining financing. The Tenant bears the entire risk of being unable to fund the Purchase Price, and a failure to close for want of funds is a material default by the Tenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"e0a9d869-2900-4ec5-aa4c-03cf8813e4ec","value":"notcontingent","type":"add","operator":"="}]},{"id":"a21b95fb-52d4-498b-8613-942687f92f74","order":134,"text":"The Landlord shall cooperate reasonably with any lender of the Tenant, including by affording access for appraisal and inspection and by executing customary documents, at no cost or liability to the Landlord. The Tenant shall keep the Landlord informed of the progress of any loan application upon request.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b5b0fec8-5b41-4a8c-911e-e8b6f28fef42","order":135,"text":"22. CLOSING AND CONVEYANCE OF TITLE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S22"},{"id":"b3254fbd-b6a4-40bc-958a-ded791089dfa","order":136,"text":"Closing shall take place within [Number of days] days after the date of the Exercise Notice, at the offices of [Title or escrow company] or at such other place as the Parties may agree in writing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"94cfd4d5-4764-4a05-8562-815498c77b5c","order":137,"text":"Where this Agreement allows a period which would expire after the date fixed for Closing, including a period for the completion of an appraisal, for the cure of a defect in title or for the obtaining of a loan commitment, the date for Closing is extended by the number of days necessary for that period to run its course, but by no more than thirty days in the aggregate unless the Parties agree otherwise in writing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"082e4c67-82ee-4df8-b9b4-232bab15ccf8","order":138,"text":"At Closing the Landlord shall convey to the Tenant good and marketable title to the Property by general warranty deed, or by such other form of deed as is customary in the State, free and clear of all liens, encumbrances and adverse claims other than matters of record existing at the Effective Date that do not materially impair the use of the Property as a residence, real property taxes not then due, and any matter created or consented to by the Tenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"19c01255-64ea-454f-9ab4-1ba15fbeb4d9","order":139,"text":"The Landlord shall furnish, at the Landlord's expense, a commitment for an owner's policy of title insurance in the amount of the Purchase Price, together with the policy itself upon Closing. The cost of that commitment and policy is borne by the Landlord, subject to the allocation of closing costs for which this Agreement provides and to any contrary custom of the county in which the Property is located.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"a865a520-dec2-42dc-8aa4-e90783aa6cf6","order":140,"text":"If title is found to be subject to a defect that the Landlord is unable or unwilling to cure within thirty days after written notice of it, the Tenant may either accept title in its then condition without abatement of the Purchase Price, or terminate the purchase, in which case the Landlord shall promptly refund to the Tenant the Option Fee together with an amount equal to all accrued Rent Credits, without prejudice to any other remedy of the Tenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"42829871-5caa-4033-9cca-aca273a8b8a5","order":141,"text":"The Landlord shall pay and discharge at or before Closing every mortgage, lien and judgment encumbering the Property and irrevocably authorizes the closing agent to apply so much of the Purchase Price as is necessary for that purpose.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"86f26fb9-18d8-45f1-8a02-3f5382bf214e","order":142,"text":"Possession of the Property passes to the Tenant at Closing, the Tenant already being in possession as tenant, and the lease created by this Agreement merges into the conveyance and terminates.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"17e1123d-2501-4da5-bab5-f524e28cd78c","order":143,"text":"23. DOCUMENTS TO BE DELIVERED AT CLOSING","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S23"},{"id":"5076ba0a-ac5e-475c-a844-f8acdb67d2c8","order":144,"text":"At Closing the Landlord shall execute and deliver the deed described in this Agreement, a bill of sale for any personal property included in the sale, an affidavit of title and of no liens in the form customarily required by the title insurer, a certification of non-foreign status satisfying the requirements of 26 U.S.C. § 1445 or, failing that certification, such withholding as the law requires, payoff letters and releases for every lien to be discharged, any certificate or estoppel letter required from a homeowners association, all keys and access devices, and the settlement statement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"a43d460e-5026-4255-8489-a7ec8ab376f3","order":145,"text":"At Closing the Tenant shall deliver the Purchase Price in immediately available funds, less the credits for which this Agreement provides, together with the Tenant's loan documents if any, proof of identity, evidence of insurance, and the settlement statement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"fd380d80-f318-4d2c-ac73-a0b4a7f3063b","order":146,"text":"The closing agent shall report the transaction to the Internal Revenue Service to the extent required by law and shall disburse the Purchase Price in accordance with the settlement statement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f9aa4579-c9cf-4742-8ef1-ad0ca2f6952e","order":147,"text":"Each Party shall execute and deliver, both at Closing and afterwards, every further document that is reasonably required in order to give full effect to the conveyance contemplated by this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f67001d5-2a3c-414e-91e3-8c7653e0686a","order":148,"text":"24. CLOSING COSTS AND PRORATIONS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S24"},{"id":"ca154545-beb8-4f48-bfb6-6a633d9a555a","order":149,"text":"Except as otherwise provided in this Agreement, each Party shall bear its own closing costs and all other customary closing costs shall be allocated in accordance with the custom of the county in which the Property is located.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"e11ff1aa-508f-4ac9-9323-d5f0f679f914","order":150,"text":"Any state, county or municipal transfer, documentary or recordation tax payable upon the conveyance shall be borne by the Landlord.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"32fd6343-1201-4c8f-b53c-ceb3273d931a","order":151,"text":"Real property taxes, assessments of any homeowners association, and other periodic charges shall be prorated between the Parties as of the date of Closing on the basis of the most recent ascertainable bill.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"8d2a5831-e004-4a65-a0e1-6a0e432a345b","order":152,"text":"Rent shall be prorated to the date of Closing, and any Rent paid in respect of a period after Closing shall be credited to the Tenant upon the settlement statement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"fcf84cdf-277d-4515-8a2b-4f3f17ae96d4","order":153,"text":"25. CONDITION OF THE PROPERTY AND INSPECTIONS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S25"},{"id":"9d0a0e49-a50a-4585-bd8e-3be58d61bdf8","order":154,"text":"The Tenant has had the opportunity to inspect the Property and, except for the express representations contained in this Agreement and any warranty implied by law that cannot lawfully be waived, purchases the Property in its then existing condition.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"279922d7-4648-4f60-b5a1-399399660ff6","order":155,"text":"The Tenant may, at the Tenant's expense and upon reasonable notice to the Landlord, cause the Property to be inspected by a licensed inspector at any time during the Option Period.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"6d7004ee-823f-4766-b5b3-591eaa3b4803","order":156,"text":"The Landlord represents that, to the Landlord's actual knowledge, there is no material defect in the Property that has not been disclosed in writing to the Tenant, no pending or threatened condemnation or eminent domain proceeding, no unrecorded easement or claim affecting title, and no violation of any applicable building or housing code that has not been disclosed.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"2e571cdd-0df5-40e8-b413-0fd884c25d4e","order":157,"text":"The Landlord is not required to make any improvement or repair as a condition of Closing beyond those required by this Agreement or by applicable law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"29f54b2b-5f04-435f-84c4-45e4fafde462","order":158,"text":"26. REPRESENTATIONS AND WARRANTIES OF THE LANDLORD","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S26"},{"id":"1b21c076-8ff5-441b-9f4e-9f4fc71304dd","order":159,"text":"The Landlord represents and warrants to the Tenant, as at the Effective Date and again at Closing, that the Landlord holds fee simple title to the Property and has full power and authority to lease it and to grant the Option; that the execution of this Agreement has been duly authorized and contravenes no agreement, order or instrument binding upon the Landlord; that no other option, right of first refusal, contract of sale, lease or occupancy right affecting the Property has been granted and remains outstanding; that there is no litigation, judgment, tax lien or claim pending or, to the Landlord's knowledge, threatened which affects the Property or the Landlord's ability to convey it; that the Landlord is not a debtor in any bankruptcy or receivership proceeding and has made no assignment for the benefit of creditors; and that the Landlord is not a foreign person within the meaning of 26 U.S.C. § 1445.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"685e44ea-f066-4571-a8b4-66f692f6419c","order":160,"text":"The Landlord shall notify the Tenant in writing, promptly and in any event within five Business Days, if any of these representations ceases to be accurate at any time before Closing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"da42ee3d-d135-45db-be2f-86baf8596676","order":161,"text":"The representations contained in this Article survive Closing for a period of one year and are not merged into the deed.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"3770eb29-09ca-4aa1-89d6-f48edf378a7b","order":162,"text":"27. COVENANTS AND ACKNOWLEDGMENTS OF THE TENANT","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S27"},{"id":"ed99e0b4-a797-4c35-8d56-4a66301d1660","order":163,"text":"The Tenant acknowledges that this Agreement does not make the Tenant the owner of the Property, that the Tenant acquires no equity and no legal or equitable estate in the Property before Closing, and that the Option confers a contractual right only.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"a23bdb93-87d5-48a3-a75f-da36a4885fd5","order":164,"text":"The Tenant acknowledges having been informed that, if the Option is not validly exercised or if Closing does not occur, the Option Fee and all accrued Rent Credits are forfeited, the sums paid as Rent are retained by the Landlord as rent for the occupation of the Property, and the Tenant has no right to the reimbursement of any of them, subject always to any protection conferred upon the Tenant by the law of the State.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"0555254f-0bae-46ea-b5e7-7f71cb457280","order":165,"text":"So that the Tenant may qualify for the financing required to complete the purchase, the Tenant covenants to use reasonable efforts to preserve the Tenant's creditworthiness throughout the Option Period, to refrain from incurring any material new debt or from closing any account in a manner that would foreseeably impair the Tenant's ability to obtain a loan, and to respond promptly to every request for information made by a prospective lender.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"05aed601-eea4-4268-82aa-60e761031781","order":166,"text":"The Tenant shall notify the Landlord in writing within five Business Days of any bankruptcy filing, garnishment, judgment, or material change of employment or income affecting the Tenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"1c21658b-e899-444f-8361-d3887656c5ff","order":167,"text":"The Tenant is responsible for satisfying itself as to the value of the Property, as to the availability of financing and as to the suitability of this transaction for the Tenant's circumstances, and confirms that neither the Landlord nor any person acting for the Landlord has given the Tenant tax, legal or financial advice.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"a8b9bfc8-383f-4279-95bc-fed351ce17d1","order":168,"text":"28. LANDLORD COVENANTS DURING THE OPTION PERIOD","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S28"},{"id":"0374430b-96c8-4966-b0c0-0b76be6138b9","order":169,"text":"During the Option Period the Landlord shall keep the Property insured, pay when due all real property taxes and assessments and every payment falling due upon any mortgage encumbering the Property, refrain from creating any new lien or encumbrance upon the Property, and refrain from any act that would impair the Landlord's ability to convey title in accordance with this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"54baf3e9-7c74-4d97-9c61-e8f83e7e6917","order":170,"text":"The Landlord shall give the Tenant prompt written notice of any notice of default, acceleration, foreclosure, lien, condemnation or code violation affecting the Property.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"09b3b075-5862-414e-b848-9144ec901d2c","order":171,"text":"If the Landlord fails to make any payment falling due upon a mortgage encumbering the Property, the Tenant may, but is not obliged to, make that payment, and shall be entitled to deduct the amount so paid from the Rent next falling due and, at Closing, from the Purchase Price.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"6eabf0ef-52e6-4ff2-9244-b1b677269e05","order":172,"text":"If a foreclosure or other involuntary transfer deprives the Landlord of the ability to convey title in accordance with this Agreement, the Landlord shall refund to the Tenant the Option Fee together with an amount equal to all accrued Rent Credits, without prejudice to any other remedy of the Tenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"632e259b-e318-4dcc-a860-e396442034f5","order":173,"text":"29. EXISTING FINANCING AND ENCUMBRANCES","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S29"},{"id":"36295b46-4455-4b7d-81d1-4cef2f1b6532","order":174,"text":"The Property is presently encumbered by a mortgage or deed of trust in favor of [Name of the lender], having an approximate unpaid principal balance of $[Approximate balance] as at the Effective Date. The Landlord shall pay every installment falling due under that loan punctually and shall not increase the principal balance secured against the Property without the prior written consent of the Tenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"25f3f2af-8e79-4f01-a813-e4165dcff5cb","value":"encumbered","type":"add","operator":"="}]},{"id":"bba2d5fe-89f5-48d0-ab0e-1f830a6ff791","order":175,"text":"The Landlord authorizes the Tenant, and shall upon request execute any further authorization required by the lender, to obtain from the holder of that loan confirmation of its status, of its unpaid balance and of whether any payment is in arrears. That authorization is irrevocable throughout the Option Period.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"25f3f2af-8e79-4f01-a813-e4165dcff5cb","value":"encumbered","type":"add","operator":"="}]},{"id":"a4b56e17-39fe-4d19-adaf-dbd0a1542c7e","order":176,"text":"The Property is presently free and clear of any mortgage or deed of trust. The Landlord shall not encumber the Property, nor permit any lien to attach to it, at any time during the Option Period without the prior written consent of the Tenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"25f3f2af-8e79-4f01-a813-e4165dcff5cb","value":"unencumbered","type":"add","operator":"="}]},{"id":"63858d7b-8a18-4c20-a0c9-610ab7f513f7","order":177,"text":"The Parties acknowledge that a lease coupled with an option to purchase may, under the terms of a loan secured by the Property or under the Garn-St. Germain Depository Institutions Act of 1982 (12 U.S.C. § 1701j-3), entitle the holder of that loan to accelerate the sums which it secures. The Landlord represents that the Landlord has reviewed the loan documents affecting the Property and knows of no provision which this Agreement contravenes, and shall indemnify and hold the Tenant harmless against any loss occasioned by an acceleration resulting from the grant of the Option.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"02296b05-b7c5-4817-b814-5475f4807d8c","order":178,"text":"The obligations of the Landlord under this Article are additional to those set out in the Article entitled Landlord Covenants During The Option Period, and the right of the Tenant to cure a default of the Landlord and to deduct the sums so paid applies equally to any loan referred to in this Article.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"89aeab90-0c29-4eac-a0d1-6b18fd0cd371","order":179,"text":"30. MEMORANDUM OF OPTION","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S30"},{"id":"734c3c1d-ae8f-405d-87dc-48d5446e3610","order":180,"text":"Concurrently with the execution of this Agreement the Parties shall execute and acknowledge before a notary public, and cause to be recorded in the real property records of the county in which the Property is located, a short-form memorandum of this Option sufficient to give record notice of the Tenant's rights. The cost of recording shall be borne by the Tenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"0c19205e-d3f5-4cd8-b964-11f3b756a02b","value":"record","type":"add","operator":"="}]},{"id":"b0eac30c-6d15-4ff2-b5e3-69ee249d3b73","order":181,"text":"Upon the expiration or termination of the Option without a Closing the Tenant shall, within ten Business Days after written request, execute and deliver to the Landlord a recordable release of the memorandum. Failure to do so entitles the Landlord to record an affidavit of termination, and the Tenant shall indemnify the Landlord against any loss occasioned by the delay.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"0c19205e-d3f5-4cd8-b964-11f3b756a02b","value":"record","type":"add","operator":"="}]},{"id":"d45d4717-1976-446c-8b92-c50220f46400","order":182,"text":"The Parties agree that no memorandum of this Option shall be recorded, and the Tenant shall not record this Agreement, nor any notice, affidavit or notice of pendency asserting an interest in the Property, otherwise than in an action brought to enforce the Option. Unauthorized recording is a material default and entitles the Landlord to recover the cost of removing the resulting cloud upon title.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"0c19205e-d3f5-4cd8-b964-11f3b756a02b","value":"norecord","type":"add","operator":"="}]},{"id":"988d0b6e-b3fb-4e7f-864c-f8fe31b88b1f","order":183,"text":"31. TERMINATION AND FORFEITURE OF THE OPTION","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S31"},{"id":"22eb92cb-c995-4515-b4ca-30ae4ac5b675","order":184,"text":"The Option terminates automatically, without notice and without judicial action, upon the earliest of the Option Expiration Date, the termination of the Lease Term following a material default by the Tenant, the abandonment or surrender of the Property by the Tenant, and the delivery by the Tenant of written notice electing not to exercise the Option.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"3fa4ac3f-2923-4f55-bed5-0bdbc0d7d02d","order":185,"text":"Upon termination of the Option, otherwise than in a case in which this Agreement expressly provides for the return of the Option Fee or of the accrued Rent Credits, the Tenant forfeits the Option Fee and the accrued Rent Credits if any, and shall have no further right, title or interest in the Property.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"e3ca8e92-807d-4e0d-891c-276f7abcdcb7","order":186,"text":"Termination of the Option does not of itself terminate the lease created by this Agreement, which continues for the balance of the Lease Term unless separately terminated in accordance with this Agreement and applicable law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"92d88194-f010-4f39-a55c-8f8f691c4eb5","order":187,"text":"The Tenant acknowledges that the forfeiture for which this Agreement provides represents the reasonable estimate of the Parties of the value of the Option and of the detriment suffered by the Landlord in withholding the Property from the market, and is not a penalty. Nothing in this Agreement limits any right of notice, cure, reinstatement, redemption or accounting that the law of the State confers upon the Tenant and that cannot lawfully be waived, and any forfeiture shall be given effect only to the extent that the law of the State permits.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"34eb4bc7-801c-45ac-abf6-58083d1e7a58","order":188,"text":"32. DEFAULT AND REMEDIES","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S32"},{"id":"26db06ee-ef94-4d59-b321-a73809a278af","order":189,"text":"Each of the following constitutes a material default by the Tenant: failure to pay Rent or any other sum when due and within any cure period conferred by statute; breach of any other covenant that is not cured within ten days after written notice, or within such longer period as applicable law requires; abandonment of the Property; material misrepresentation in any application or in this Agreement; and any act or omission that renders the Property uninsurable.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"43b21e1a-c8da-4ef8-8a2c-3ec3a4d51ca8","order":190,"text":"Upon a material default by the Tenant the Landlord may, subject to compliance with every statutory notice and eviction procedure, terminate the Lease Term and recover possession, terminate the Option, recover unpaid Rent, late charges and the reasonable costs of re-letting, and pursue any other remedy available at law or in equity.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b9a249d1-71f3-4a27-bfa3-f66013417a77","order":191,"text":"Each of the following constitutes a material default by the Landlord: failure to convey title in accordance with this Agreement after a valid exercise of the Option; the creation of an encumbrance that the Landlord fails to discharge; failure to maintain the Property as required by this Agreement or by law; and any other breach that is not cured within ten days after written notice.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"1e94940f-f698-408f-b099-f180c59e9a4d","order":192,"text":"Upon a material default by the Landlord after a valid exercise of the Option, the Tenant may seek specific performance of the sale, the Parties agreeing that the Property is unique and that damages alone are an inadequate remedy, or may terminate this Agreement and recover the Option Fee, an amount equal to all accrued Rent Credits, and any further damages permitted by law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ea42cb42-986c-4340-a952-687e70a8334f","order":193,"text":"The filing by or against a Party of a petition in bankruptcy that is not dismissed within sixty days, the appointment of a receiver over the assets of a Party, or the making by a Party of an assignment for the benefit of creditors, is likewise a material default by that Party, to the extent that applicable law permits it to be treated as such.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"90992c6a-5f6f-49b3-a8d2-0063467db72c","order":194,"text":"The Landlord shall use reasonable efforts to mitigate damages to the extent required by applicable law. No remedy is exclusive, and the exercise of one remedy does not preclude the exercise of any other.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b7b2b158-15ca-4cb4-b9ac-218706c04d64","order":195,"text":"The prevailing Party in any action or proceeding brought to enforce or construe this Agreement shall be entitled to recover its reasonable attorney's fees and costs, to the extent permitted by applicable law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"2d850a0e-d59f-41d1-8407-411a7069dc02","order":196,"text":"33. SURRENDER AND HOLDING OVER","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S33"},{"id":"5f319805-cf89-4fc3-b935-e4b5108b83ad","order":197,"text":"Upon the expiration or earlier termination of the Lease Term without a Closing the Tenant shall vacate the Property, remove all personal property, deliver all keys and access devices to the Landlord, and surrender the Property in the condition in which it was received, ordinary wear and tear excepted.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"d4f95662-7384-4044-8ccf-4a16cf1bca97","order":198,"text":"If the Tenant remains in possession after the expiration of the Lease Term without the written consent of the Landlord, the tenancy shall be a month-to-month tenancy terminable in accordance with applicable law, at a monthly rent equal to one hundred twenty-five percent of the Rent last payable, and neither the Option nor any Rent Credit shall accrue during that period.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"858e5a3e-ec5b-4d73-a24d-05aa63c2f103","order":199,"text":"34. ASSIGNMENT AND SUBLETTING","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S34"},{"id":"04ff573e-edc6-4198-98d2-efe8cad6e6da","order":200,"text":"The Tenant may assign this Agreement or the Option, or sublet the whole or any part of the Property, only with the prior written consent of the Landlord, which consent shall not be unreasonably withheld, conditioned or delayed. No assignment or sublease releases the Tenant from liability under this Agreement unless the Landlord expressly so agrees in writing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"04cc3e1e-1593-4993-af06-8530338c3792","value":"assignable","type":"add","operator":"="}]},{"id":"54eafed1-6d6d-4627-8d4d-8c06e1afbff4","order":201,"text":"The Tenant shall not assign this Agreement or the Option, nor sublet the whole or any part of the Property, nor permit any other person to occupy the Property, except as expressly permitted in writing by the Landlord. The Option is personal to the Tenant and any purported assignment of it is void and constitutes a material default.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"04cc3e1e-1593-4993-af06-8530338c3792","value":"notassignable","type":"add","operator":"="}]},{"id":"5af02de6-dcd7-4e5a-96a4-33e33e62ed8e","order":202,"text":"The Landlord may sell or transfer the Property subject to this Agreement and to the Option, and shall require any transferee to assume the Landlord's obligations under this Agreement in writing. The Landlord shall give the Tenant written notice of any such transfer within ten Business Days after it takes effect.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"7199d4d7-fc54-45e2-9871-93e66fe910c8","order":203,"text":"35. BROKERS AND COMMISSIONS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S35"},{"id":"fb8b7155-85df-41c6-989e-0b2b1f37c567","order":204,"text":"The following real estate licensees have acted in connection with this transaction: [Brokers involved, or none]. Each Party represents that it has dealt with no other broker, agent or finder in connection with this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"d17fee0a-6528-40a3-bc16-71da4add15cb","order":205,"text":"Any commission payable to a licensee named above shall be paid at Closing out of the proceeds of the Landlord in accordance with a separate written agreement, and no licensee is a third-party beneficiary of this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"0a18c577-73bb-4501-add1-f60c1c766d83","order":206,"text":"Each Party shall indemnify and hold the other harmless against any claim for a commission or fee asserted by any person claiming through that Party.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"d976a075-37cf-46e9-ac45-d269759123ad","order":207,"text":"The Tenant acknowledges that a licensee acting for the Landlord does not represent the Tenant, and that the Tenant may engage its own representative at the Tenant's own expense.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"50a11a34-5f88-49dc-be88-90d2a9163a4d","order":208,"text":"36. LEAD-BASED PAINT DISCLOSURE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"0f0b3d33-67dd-4fdb-9af9-4f6c3805f85c","value":"pre1978","type":"add","operator":"="}],"marginTop":"20","sectionNum":"S36"},{"id":"0321a93b-c1b2-4432-86cb-132be66d083d","order":209,"text":"The dwelling upon the Property was built before 1978. Housing built before 1978 may contain lead-based paint. Lead from paint, paint chips and dust can pose health hazards if not managed properly. Lead exposure is especially harmful to young children and pregnant women. The Landlord is required to disclose the presence of known lead-based paint and lead-based paint hazards and to provide the Tenant with the federally approved pamphlet on lead poisoning prevention, in accordance with the Residential Lead-Based Paint Hazard Reduction Act of 1992 (42 U.S.C. § 4852d) and the regulations made under it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"0f0b3d33-67dd-4fdb-9af9-4f6c3805f85c","value":"pre1978","type":"add","operator":"="}]},{"id":"8f2e691e-4fe4-40e2-8268-b876faec3d7a","order":210,"text":"The Landlord has no knowledge of lead-based paint or lead-based paint hazards in or upon the Property and possesses no report or record relating to lead-based paint in the Property.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"0f0b3d33-67dd-4fdb-9af9-4f6c3805f85c","value":"pre1978","type":"add","operator":"="}]},{"id":"ad69ee71-bd06-4de3-93eb-73089cec35f6","order":211,"text":"The Tenant acknowledges receipt of the pamphlet entitled Protect Your Family From Lead In Your Home and of the information described above, and has had the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint and lead-based paint hazards.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"0f0b3d33-67dd-4fdb-9af9-4f6c3805f85c","value":"pre1978","type":"add","operator":"="}]},{"id":"2bae3d18-2701-4480-893e-03b227bf2980","order":212,"text":"The Parties have reviewed the information set out above and each certifies, to the best of that Party's knowledge, that the information provided by that Party is true and accurate.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"0f0b3d33-67dd-4fdb-9af9-4f6c3805f85c","value":"pre1978","type":"add","operator":"="}]},{"id":"4cd8fb96-c5ff-4484-87d0-16f22fece667","order":213,"text":"37. STATUTORY DISCLOSURES AND COMPLIANCE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S37"},{"id":"c0f133ca-311e-4107-8259-6ab3e7b5b2f2","order":214,"text":"The Parties intend that this Agreement comply with the law of the State governing residential tenancies and, where applicable, with the law governing lease-option, rent-to-own and executory contracts for the conveyance of real property. Where the law of the State requires a specific disclosure, notice, form, recording, right of cancellation, periodic accounting or limitation upon forfeiture in connection with an agreement of this kind, that requirement is incorporated into this Agreement and prevails over any inconsistent provision of it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"5aae3d3e-fb97-4240-bffa-4130923e71f8","order":215,"text":"Upon written request, and not more than once in any period of twelve months, the Landlord shall deliver to the Tenant a statement showing the sums paid by the Tenant, the sums credited against the Purchase Price, and the balance then owing upon any mortgage encumbering the Property, where such a statement is required by applicable law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"6786d4dd-faea-4253-816c-acf9ee38b3db","order":216,"text":"The Landlord makes the following additional disclosures with respect to the Property: [Additional disclosures].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"1de858c6-799d-4016-ae1b-95f198468bd9","order":217,"text":"The Landlord has received no notice of any pending assessment, condemnation, zoning change or code enforcement action affecting the Property, except as disclosed in writing to the Tenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"6da66958-b7b1-47d9-8117-00f4150907cc","order":218,"text":"The law of many States makes information concerning registered sex offenders available to the public through a statewide database maintained by a law enforcement agency. Neither the Landlord nor any licensee acting in this transaction is required to obtain or to disclose that information, and the Tenant is advised to consult the database directly should the matter be material to the Tenant.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"a3285e97-a58d-4a44-9564-81cbc8906405","order":219,"text":"If the Tenant is or becomes a member of the uniformed services, the Tenant retains every right conferred by the Servicemembers Civil Relief Act (50 U.S.C. § 3901 et seq.) and by any equivalent law of the State, including the right to terminate the Lease Term upon qualifying military orders for a permanent change of station or for deployment, upon delivery of written notice together with a copy of the orders. A termination under that Act also terminates the Option, and the Option Fee and the accrued Rent Credits shall be refunded to the extent that the Act or the law of the State so requires.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"3e16b852-b7a9-437b-9648-11fb9a249149","order":220,"text":"The Tenant is advised to obtain independent legal advice, an independent inspection and an independent appraisal before exercising the Option, and acknowledges that the Landlord has recommended that the Tenant do so.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"7715d073-96b8-4660-bcd6-c792cf767051","order":221,"text":"38. NOTICES","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S38"},{"id":"a148e1ac-814c-4861-bae2-90b9097dd9af","order":222,"text":"Every notice required or permitted under this Agreement shall be in writing and shall be delivered by hand, by nationally recognized overnight courier, or by certified mail with return receipt requested, addressed to the receiving Party at the address stated at the beginning of this Agreement or at such other address as that Party may designate by notice given in the same manner.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"33b6b716-f925-4c20-9e53-c36c44e0d634","order":223,"text":"The address of the Tenant for the purposes of this Article is the Property, being [Street address of the property], [City, State and ZIP code], until the Tenant designates another address by notice given in the manner described above.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"3af83f0b-dc89-4327-8546-0643b6d67d43","order":224,"text":"A notice is deemed given upon the date of hand delivery, upon the first Business Day after deposit with an overnight courier, or upon the third Business Day after deposit in the mail, whichever is applicable.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f23dea78-3956-4d19-9d28-d8179c3e1059","order":225,"text":"Notice by electronic mail is effective only where the receiving Party acknowledges receipt in writing, except that an Exercise Notice must be given by one of the means first described above.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"63e4ead5-bd96-41a5-9b69-53e009c8fcdc","order":226,"text":"39. GOVERNING LAW AND DISPUTE RESOLUTION","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S39"},{"id":"49ad22b3-f6e5-4adb-8418-84c2c14bb094","order":227,"text":"This Agreement is governed by, and shall be construed in accordance with, the law of the State of [State], without regard to its conflict of laws principles. The Parties submit to the jurisdiction of the courts sitting in [County] County, State of [State], for any proceeding that is not required by law to be brought elsewhere.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"dd6b4f12-611a-46ea-9232-d1738af7c422","order":228,"text":"Before commencing any proceeding the Parties shall endeavor in good faith to resolve any dispute arising out of or relating to this Agreement by confidential mediation before a single mediator, the cost of which shall be borne equally. This requirement does not apply to an action for possession of the Property, to an application for injunctive relief, or to any step necessary to preserve a claim from expiring under a statute of limitations.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"02972765-27ab-4dc2-bb7a-4a6c883ceda4","order":229,"text":"Any dispute not resolved by mediation shall be finally determined by binding arbitration administered by a recognized arbitration provider agreed upon by the Parties, before a single arbitrator, in the county in which the Property is located. Judgment upon the award may be entered in any court of competent jurisdiction. Each Party retains the right to obtain possession of the Property by the summary proceedings provided by the law of the State.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"279c70ff-66bb-4720-a58b-f0fb421c4fda","value":"arbitration","type":"add","operator":"="}]},{"id":"d423a85d-4823-46b3-b130-62141357df93","order":230,"text":"Any dispute not resolved by mediation may be brought before the courts identified above. Each Party knowingly and voluntarily waives trial by jury in any such proceeding, to the fullest extent permitted by applicable law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"279c70ff-66bb-4720-a58b-f0fb421c4fda","value":"litigation","type":"add","operator":"="}]},{"id":"a76e1986-b726-4f86-a0fa-e74d223a6f88","order":231,"text":"40. MISCELLANEOUS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"20","sectionNum":"S40"},{"id":"be8e0cb9-7564-49e9-b806-e0ebaf57ae64","order":232,"text":"This Agreement, together with any exhibit and any written disclosure delivered with it, constitutes the entire agreement between the Parties with respect to its subject matter and supersedes every prior negotiation, understanding and representation, whether oral or written.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f150cefb-ae17-47c5-bf2b-664d2000cd03","order":233,"text":"No amendment or waiver is effective unless made in writing and signed by both Parties. No delay or omission in the exercise of a right operates as a waiver of that right or of any other right.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"e6be41a0-0698-497e-a50f-5863484e696c","order":234,"text":"If any provision of this Agreement is held to be invalid or unenforceable, the remainder of the Agreement continues in full force, and the invalid provision shall be modified to the least extent necessary to render it enforceable while giving effect to the intention of the Parties.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"e3378882-8a75-4b37-b791-d8a13e2f8888","order":235,"text":"This Agreement binds and inures to the benefit of the Parties and their respective heirs, personal representatives, successors and permitted assigns.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"2bc29082-ceaa-4bf3-9d43-0d33360ad58f","order":236,"text":"This Agreement may be executed in counterparts, each of which is an original and all of which together constitute one and the same instrument. 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