RESIDENTIAL LEASE AGREEMENT

This Lease Agreement ("Lease") is entered into as of January 1, 2026, by and between:

LANDLORD: Apex Property Management LLC ("Landlord")
TENANT: _________________ ("Tenant")

PROPERTY: Apartment 4B, 123 Main Street, San Francisco, CA 94102

1. TERM
This Lease shall commence on February 1, 2026, and shall continue for a period of twelve (12) months, terminating on January 31, 2027. The Lease shall automatically renew for successive twelve (12) month periods unless either party provides written notice of termination at least ninety (90) days prior to the end of the current term. Early termination by Tenant shall result in a penalty equal to three (3) months' rent.

2. RENT
Monthly rent shall be $3,200.00, due on the first day of each month. A late fee of $250.00 shall be assessed for any payment received after the 3rd day of the month. Landlord reserves the right to increase rent by up to 15% upon renewal with 30 days' notice.

3. SECURITY DEPOSIT
Tenant shall pay a security deposit of $6,400.00 (two months' rent). The security deposit is non-refundable and shall be retained by Landlord upon termination of this Lease for any reason, including normal wear and tear.

4. MAINTENANCE AND REPAIRS
Tenant is responsible for all maintenance and repairs to the Property, including but not limited to plumbing, electrical systems, appliances, and structural elements. Landlord shall have no obligation to maintain the Property in habitable condition beyond what is required by applicable law.

5. ACCESS
Landlord and Landlord's agents shall have the right to enter the Property at any time, with or without notice, for the purpose of inspection, maintenance, showing to prospective tenants or buyers, or any other purpose deemed necessary by Landlord.

6. PETS
No pets of any kind are permitted on the Property. Violation of this clause shall result in immediate termination of the Lease and forfeiture of the security deposit.

7. ALTERATIONS
Tenant shall not make any alterations, additions, or improvements to the Property without the prior written consent of Landlord. Any approved alterations shall become the property of Landlord upon completion and Tenant shall not be entitled to any compensation.

8. LIABILITY AND INDEMNIFICATION
Tenant shall indemnify, defend, and hold harmless Landlord from any and all claims, damages, losses, costs, and expenses, including attorney's fees, arising from Tenant's use of the Property or any act or omission of Tenant, Tenant's guests, or any person on the Property with Tenant's permission. Landlord shall not be liable for any injury, damage, or loss to Tenant or Tenant's property, regardless of cause, including Landlord's negligence.

9. SUBLETTING
Tenant shall not sublet the Property or assign this Lease without the prior written consent of Landlord. Landlord may withhold consent for any reason or no reason.

10. TERMINATION BY LANDLORD
Landlord may terminate this Lease at any time with thirty (30) days' written notice for any reason or no reason. In such case, Tenant shall not be entitled to any compensation or relocation assistance.

11. GOVERNING LAW AND DISPUTE RESOLUTION
This Lease shall be governed by the laws of the State of California. Any disputes arising under this Lease shall be resolved through binding arbitration administered by a single arbitrator selected by Landlord. Tenant waives the right to a jury trial and the right to participate in any class action proceeding.

12. ATTORNEY'S FEES
In any legal action arising from this Lease, Tenant shall be responsible for all attorney's fees and costs incurred by Landlord, regardless of the outcome of such action.

13. ENTIRE AGREEMENT
This Lease constitutes the entire agreement between the parties. No oral representations or promises shall be binding. This Lease may only be modified in writing signed by both parties.

SIGNATURES:

Landlord: ___________________________  Date: ___________
Tenant:  ___________________________  Date: ___________
