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6301-11 Overbrook Ave

Philadelphia, PA 19151


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Make Your Reservations For June 2010
 

Matrix Group Incorporated

PO Box 276  Bensalem, PA 19020

215-245-1879            *          Fax 215-245-6150

www.drexelarmsapartments.com

 

RESIDENTIAL LEASE

When signed, this lease becomes a legally binding contract.

If you do not understand any term of this lease, consult an attorney before signing.

 

1. PARTIES

This lease is made on June 1,2008 , between the tenant ________________________________________

and the Landlord Matrix Group, Inc., PO Box 276, Bensalem, PA 19020

 

2. PROPERTY

The Landlord agrees to rent to the tenant the following property:

Apartment No. ____ Drexel Arms Apartments  6301-11 Overbrook Avenue Philadelphia, Pennsylvania 19151

 

3. CONDITIONS

a.        The monthly rent is $2,200 and is payable for twelve months (May is not pro-rated).

b.       The term of the lease is for the period beginning on June 1, 2008, and ending on May 17, 2009.

c.        Rent is due in advance on the FIRST day of each month for each month that this lease is in effect.

d.       If rent is paid after the first of the month, each tenant that is late must pay a $15.00 per day late charge beginnig from the first. Any tenant check that is returned by the bank for any reason must pay a fee of $50.00 and any applicable late fees.  An adminstrative fee of $300 per apartment will be deducted from the initial deposit.

e.        The security deposit equal to two months rent  is on deposit at Vanguard. 

f.         This lease will renew unless the Landlord or tenant gives 60 days written notice before the ending date of this lease. Automatic renewal will not change the terms of this lease except that the rent on each renewal may vary, fluccuate or change.  Any increases in operating expenses incurred by Matrix Group, Inc. from receipt of a security deposit through the time a tenant occupies an apartment can result in an increase in rent.  Rental amounts are not definite until time of apartment occupation.  The length of each renewal term of this lease is the same as the period above.

g.       If the Landlord makes any changes, including a rent increase, when renewing this lease, the Landlord must send the changes to the tenant at least 60 days before the end of the lease.

h.       The tenant may use the property for residential purposes only.

i.         Rules are attached.

j.        Tenant will pay rent to Landlord at this address:               

Matrix Group, Incorporated

P.O. Box 276
Bensalem, PA 19020          

 

l.     List of utilities or other charges the Landlord or tenant will pay:

        Landlord pays        Tenant pays        Not Applicable

Heat                                                                     X

Electricity                                                             X

Gas                                                                                                      X                            

Hot Water                                                             X

Water & Sewer                             X            

Cable Access Television                                    X

Internet Access                                                     X

Lawn Care                                    X            

Snow Removal                             X            

m.      List of other forms and agreements that are made a part of this lease:  Rules, Mold Addendum.

 

4. PAYMENT OF RENT

Payment of rent is due in advance on the day of the month indicated in Section 3.c. for every month during the term of the lease. The Landlord is not required to send a notice of rent due before rent is required to be paid. The tenant cannot subtract any amount from the monthly rent for repairs to the property made by the tenant, even if the Landlord is responsible to make the repairs. 

5. NOTICE

Whenever Landlord must send written notice to the tenant, Landlord will send notice by e-mail, regular mail or hand delivery to the leased property. Whenever tenant must send written notice to the Landlord, tenant will send notice by certified mail, return receipt requested to the same address as the rent payment. 

6. INABILITY TO GIVE POSSESSION

If, for any reason not caused by the tenant, the Landlord is unable to give the tenant possession of the property on the beginning date of the lease, the tenant can choose to:

a.     End this lease by sending written notice to the Landlord. The Landlord must then return any money the tenant has paid; or

b.     Delay the beginning of the lease for up to one month until the Landlord can give possession. The tenant will not owe rent until the Landlord gives possession.

The Landlord will not have to pay damages to the tenant if the reason for not giving possession is beyond the Landlord's control. 

7. DESTRUCTION OR DAMAGE

a.     The tenant will notify the Landlord promptly if the property is destroyed or damaged. If the

destruction or damage makes the property partly or completely unlivable, the tenant can chose to:

1.             Move out as soon as possible. Within 24 hours after the tenant moves out, the tenant must make a reasonable effort to notify the Landlord. This lease will end as of the date of moving out; or

2.             Continue to occupy that part of the property still livable, if the law allows occupancy. Until the Landlord repairs the damage, the rent is reduced by the percentage of the property that is unlivable. If the law does not allow occupancy, this lease will end.

b.     If the lease ends, the Landlord will return any rent the tenant already paid for the remaining time of the lease, plus any part of the security deposit to which the tenant is entitled. Section 15 (Security Deposit) of this lease explains the return of the security deposit.

  1. The Landlord and the tenant are each responsible for their own negligence and the negligence of their guests, family or any others they allow on the property. The Landlord is not required to make  repairs caused by the tenant's negligent conduct or by the willful misconduct of the tenant or any person on the property with the tenant's permission.

8. TENANT'S PERSONAL PROPERTY INSURANCE

The Landlord is not responsible for any damage or loss of the Tenant's personal property. The Tenant is required to obtain insurance to protect his or her personal property and any damage caused to the property by the Tenant’s negligence. 

9. RULES

The rules are an addendum, attached to this lease. The tenant and all guests must follow the rules. The Landlord can change the rules by giving written notice to the tenant.

10. LANDLORD'S ENTRY ONTO PROPERTY

        a.     The tenant will permit the Landlord and others accompanying the Landlord or with the Landlord's permission to enter the property at reasonable times or 24 hours notice to the tenant if tenant requests to:

                1.        Inspect the property

                2.        Make repairs, alterations or improvements

                3.        Supply services

    4.                     Show the property to prospective buyers, mortgage lenders, contractors, or  insurers.     

b.          After the tenant or the Landlord has given notice to the end of the lease, the Landlord may show the property to future tenants at reasonable times. The Landlord can only inspect the property with the tenant present or after the Landlord gives the tenant reasonable opportunity to be  present.

      c.     In case of emergency, the Landlord can enter the property at any time without notice to the tenant.

        If the tenant is not present at the time of entry, the Landlord must notify the tenant within 24 hours of the time, purpose and persons  who entered the property. 

11. TENANT PROMISES

The tenant and other people the tenant allows on the property promise to:

        a.     Pay rent when it is due.

        b.     Obey all laws and Landlord rules that apply to tenants.

                    c.     Only permit occupants who have completed a rental application and have been approved by the Landlord to live in the property.

        d.     Be responsible for and supervise all guests, family, friends, or others on the property or in the building.

        e.     All information on the tenant rental application is true and accurate.

        f.      Keep the property clean and safe.

        g.     Use all electrical, plumbing, sanitary, heating, ventilating, air conditioning, and other facilities and appliances in a safe and reasonable way.

                    h.     Promptly remove all trash, garbage, and debris from the property on trash day or the night before, as required by the Landlord and local law.

        i.      Not deliberately or negligently destroy, deface, damage, or remove any part of the property or grounds, or knowingly permit the tenant's guests, family or others to do so.

        j.      Not unreasonably disturb the peace and quiet of the Landlord, other tenants or neighbors.

        k.     Promptly notify the Landlord of conditions that need repair.

        1.     Make no major change to the property, such as painting, rebuilding, removing or repairing without the Landlord's prior written consent. The tenant can make necessary repairs if the Landlord does not make the repairs after reasonable notice from tenant. However, the tenant cannot deduct the cost of the repairs from the monthly rent. The tenant may seek reimbursement from the Landlord for reasonable expenses to make the repair, but not for the tenant's own labor. To be reimbursed, the tenant must submit all estimates, bills and receipts, including canceled checks to prove the cost of the repairs. Alterations become the property of the Landlord, unless the Landlord gives written permission to remove them.

        m.    Keep nothing in the property that is highly flammable, dangerous, or substantially increases the danger of fire or injury.

        n.     Allow Landlord to put up "sale", "rent", or "information" signs.

        o.     Not move out of the property before the lease ends.

        p.     Move out of the property when the lease ends and return all keys to the Landlord. If the tenant fails to move out of the entire property when the lease ends, the tenant will continue to owe the Landlord rent at a rate that is double what it was paying immediately before the lease ended for as long as the tenant stays in possession. In addition, the Landlord can sue the tenant for unpaid rent, other damages, losses, and injuries and to evict the tenant.

 

12. SATELLITE DISHES AND ANTENNAS

 NO satellite dishes or anntennas may be installed at this property.

13. LANDLORD REMEDIES

a.     If the rent payment is late, the Landlord can immediately end this lease.

b.     Before the Landlord can file a lawsuit in court to evict the tenant for failure to pay rent or other charges required by this lease, the Landlord must give the tenant 10 days written notice to leave the property. The lease ends on the eleventh day after the Landlord gives notice, if the tenant does not pay. The Landlord may then file a lawsuit in court to evict the tenant.

c.     Before the Landlord can file a lawsuit to evict the tenant for failure to comply with any provision of the lease other than for nonpayment of rent or charges, the Landlord must give the tenant written notice. The notice must describe the tenant's objectionable conduct and give the tenant five (5) days to correct the problem.

1          If the tenant does not correct the problem or if the problem happens again during

 the  lease term, the Landlord can end the lease by giving the tenant a ten (10) day,  written  notice.

                2      This lease ends on the eleventh day after the Landlord gives the second notice. The Landlord may then file a lawsuit in court to evict the tenant.

d.     These are not the only remedies the Landlord has if the tenant violates its obligations in this lease. Besides ending this lease and evicting the tenant, the Landlord can sue the tenant for unpaid rent, for all rents due for the balance of the term of this lease, other damages, losses or injuries. If theLandlord gets a judgment for money against the tenant, the Landlord can use the court process to take the tenant's personal goods, furniture, motor vehicles and money in banks.

e.     The tenant gives up or waives its rights to a trial by jury in any lawsuit filed by the Landlord or tenant against the other for any reason related to this lease.

f.      The Landlord has a right to require the tenant to abide by all conditions and promises in this lease. The Landlord does not lose this right merely because it did not exercise or enforce its rights when a tenant fails to abide by its obligations, including accepting late payments from the tenant. 

g.       If the tenant fails to abide by any of the tenant's obligations and promises for reasons other than payment of rent, then the tenant gives up or waives a right to receive longer notice to leave the property.

h.       If the Landlord discovers that the tenant made false statements on the rental application or was evicted for any reason from a prior residence, the Landlord reserves the right to require an additional deposit, may end the lease or may necessitate other remedies that the Landord deems appropriate. 

i.         Landlord will coooperate with St Joseph’s University and municipal authorities in matters it deams appropriate.

14. SECURITY DEPOSIT

        a.     The tenant can NEVER use the security deposit to pay rent.

        b.     The Landlord can apply the security deposit to unpaid rent, for expenses, losses or damages caused by the tenant's failure to abide by its obligations under this lease and for damage to the property caused by the tenant beyond normal wear and tear.

        c.     When the tenant moves out, the Landlord will prepare a list of charges for any unpaid rent, late charges, damages and expenses. The Landlord can deduct these charges, if any, from the security deposit and will return the balance with any interest due on the balance to the tenant within 30 days. The tenant must give the Landlord written notice of the tenant's new address or make other arrangements with the Landlord for the return of the security deposit.

15. TAKING OF PRIVATE PROPERTY - CONDEMNATION

The taking of private property for a public purpose is called condemnation. The taking happens either by court order or by transferring ownership to the condemning agency.  If all or part of the property is taken by this process, the lease will automatically end as to part of the property condemned. The rent will be reduced proportionately for the part condemned. If the part condemned makes the property unfit for tenant purposes, the Landlord or the tenant can end this lease after giving 30 days written notice. The tenant has no right to money paid by the taking agency to the Landlord; however, the tenant is entitled to receive relocation benefits from the taking agency.

16. TENANT TRANSFER

The tenant cannot lease the property to any other person or let any other person take over the tenant's rights and duties under this lease, unless the Landlord first gives approval. The Landlord will not unreasonably withhold its approval.  If a new tenant fails to pay the rent or fails to abide by the obligations of this lease, the Landlord will hold both the new tenant(s) and the original tenant(s) responsible for the rent and the obligations under this lease.

17. ALL TENANTS LIABLE

All signers of this lease are fully responsible to pay rent and abide by all obligations of this lease. If there is more than one tenant signing this lease, each tenant is fully responsible for the entire amount of the rent, regardless of whether or not that person still lives in the property.

18. PRIORITY OF LEASE

If the property is sold at a mortgage foreclosure sale, the purchaser can end this lease. In a foreclosure sale, all mortgages that now or in the future affect the property have priority over this lease. The tenant agrees to sign all papers needed by the mortgage holder to give priority over this lease. The tenant gives up or waives a right to have the lease continue after some foreclosure sales.

19. DISPUTES

The Landlord and tenant can agree to use an alternative dispute resolution process, such as mediation or arbitration, to settle disagreements under this lease.

20. ENTIRE AGREEMENT

This lease contains the entire agreement between the Landlord and the tenant. This lease creates legal duties on the Landlord and tenant and anyone who lawfully succeeds to their rights or takes their places. The Landlord and tenant can change this lease only by a written agreement signed by both of them.

21. TENANT GIVES UP (WAIVES) RIGHTS

By signing this lease, the tenant gives up or waives legal rights that are explained in this section and in Sections 14 (Landlord Remedies) and 19 (Priority of Lease).

        a.     In Section 14 (Landlord Remedies), the tenant agrees that the Landlord can give the tenant 10 days notice to leave the property for reasons not related to payment of rent. This means the tenant gives up the right to receive a longer notice. The tenant also agrees to give up the right to a trial by jury in any lawsuit related to this lease.

        b.     In Section 19 (Priority of Lease), the tenant agrees that a mortgage has a priority over this lease. This means a person who becomes an owner of the property through a mortgage foreclosure can end the tenant's lease. 

22. LEAD-BASED PAINT

"EVERY LESSSEE OF ANY INTEREST IN A RESIDENTIAL PROPERTY ON WHICH A RESIDENTIAL DWELLING WAS BUILT PRIOR TO 1978 IS NOTIFIED THAT SUCH PROPERTY MAY PRESENT EXPOSURE TO LEAD FROM LEAD-BASED PAINT THAT MAY PLACE YOUNG CHILDREN AT RISK OF DEVELOPING LEAD POISONING. LEAD POISONING IN YOUNG CHILDREN MAY PRODUCE PERMANENT NEUROLOGICAL DAMAGE, INCLUDING LEARNING DISABILITIES, REDUCED INTELLIGENCE QUOTIENT, BEHAVIOR PROBLEMS AND IMPAIRED MEMORY. LEAD POISONING ALSO POSES A PARTICULAR RISK TO PREGNANT WOMEN. THE LESSOR OF ANY INTEREST IN RESIDENTIAL REAL PROPERTY IS REQUIRED TO DISCLOSE TO THE LESSEE THE PRESENCE OR ABSENCE OF ANY LEAD-BASED PAINT AND/OR LEAD BASED PAINT HAZARDS. A COMPREHENSIVE LEAD INSPECTION OR RISK ASSESSMENT FOR POSSIBLE PAINT AND/OR LEAD-BASED PAINT HAZARDS IS RECOMMENDED PRIOR TO LEASE."

The paragraph above means within ten (10) days from the final signing of this lease, the tenant can pay for a complete lead inspection and risk assessment of the rental property by a certified lead inspector. If the inspector reveals that lead-based paint or lead-based hazards are present in the rental property, the tenant has:

1.                Two (2) business days after receiving the report to end this lease: And

2.                Get back all rents and security deposits paid to the Landlord.

If the tenant does not end this lease within two (2) days after getting the report, the tenant gives up the right to get an inspection or end this lease. 

Signed this ____ day of May, 2008

 

 

_________________________________________               Matrix Group, Incorporated

TENANT                                LANDLORD

                               

_________________________________________

SOCIAL SECURITY NUMBER

 

The Office of the Attorney General of Pennsylvania has approved this lease as complying with the Pennsylvania Plain Language Consumer Contract Act. In the opinion of the Office of the Attorney General, a preapproved consumer contract meets the test of readability under 73 P.S. Section 2205 of the Plain Language Consumer Contract Act. Preapproval of a consumer contract by the Office of Attorney General only means that simple, understandable and easily readable language is used. It is not an approval of the contents or legality of the contract.


MOLD ADDENDUM

In this document, the terms `you" and "your" refer to all tenants listed on the lease and all occupants or guests; and the terms "we, " "us, " and "our, " refer to the Landlord named in the Lease Contract (not to the property manager or anyone else). In this document, all references to the term mold shall be deemed to include all forms of mold and mildew as well as similar growths.

1. MOLD AND MILDEW

You acknowledge that it is necessary for you to maintain appropriate climate control, keep your dwelling unit clean, and take necessary measures to retard and prevent mold from accumulating in the dwelling unit. You agree to clean and dust the dwelling unit on a regular basis to remove visible moisture accumulation on windows, window sills, walls, floors, ceilings and other surfaces as soon as reasonably possible. You agree not to block or cover any heating, ventilation, or air-conditioning ducts. You also agree to report immediately in writing to us: (a) any evidence of a water leak or excessive moisture in the dwelling unit, common hallways, storage room, garage or other common area; (b) any evidence of mold that cannot be removed with a common household cleaner; (c) any failure or malfunction in heating, ventilation or air conditioning; and (d) any inoperable doors or windows. You further agree that you shall be responsible for damage to the dwelling unit and your personal property as well as any injury to you and all occupants of the dwelling unit resulting from your failure to comply with the terms of this Mold Addendum.

2. VIOLATION OF RULES

If you or any occupant violates any rule or provision of this Mold Addendum (based upon our judgment) it shall be considered a material default under the terms of the Lease Contract. Upon written notice from us, you must immediately comply with all rules and provisions of this Mold Addendum. We also have all other rights and remedies set forth in the Lease Contract, including damages, eviction, and attorneys' fees to the extent allowed by law.

3. LIABILITY FOR DAMAGES, INJURIES, CLEANING, ETC.

You and all tenants under the Lease Contract are fully responsible and liable for the entire amount of all cleaning expenses incurred by us to remove mold from the dwelling unit as well as all damages to the dwelling unit caused by mold. We-- not you --will arrange for these services. If a part or parts of the dwelling unit cannot be satisfactorily cleaned or repaired, you must pay for us to replace them completely. Payment for damages, repairs, cleaning, replacements, etc. are due immediately upon demand.

4. GENERAL

This Mold Addendum is considered part of the Lease Contract described above. In the event of any conflict between the terms of this Mold Addendum and the terms of the Lease Contract, the terms of this Mold Addendum shall control. Each tenant who signed the Lease Contract must sign this Mold Addendum. Each tenant is jointly and severally liable for damages and all other obligations set forth in this Mold Addendum.


RULES ADDENDUM

The public halls and stairways shall not be obstructed or used for any other purpose than for entering into or exiting from the apartments.  The entry doors shall not be blocked open at any time.  NO parking is permitted in the driveway or blocking the driveway. Vehicles will be towed at the owners expense.

The Landlord reserves the right to enter the apartment at any reasonable hour for the purpose of inspection or repairs.

The landlord in all cases shall retain the right to control and prevent access into the buildings and the grounds to all persons whom it considers undesirable.  This includes any utility company employees unless a Matrix Group representative escorts them.

PARTIES: There will be NO freshman parties.  Tenants will have no more than 15 guests.  NO tenant under 21 years of age may consume alcohol. Tenants 21 years of age shall not provide alcohol to minors.  NO admission may be charged to enter a party.   NO tenants or their guests shall make any disturbing noises,  play any musical instrument, television or radio in the apartment between the hours of three AM and the following seven thirty AM. All other rules and regulations apply.  NO beer kegs are permitted in the apartments.

SMOKING: Smoking is prohibited in ALL COMMON AREAS which include hallways, foyers, and stairways front and rear. 

All cooking equipment shall be used in a safe and responsible manner as not to cause a fire hazard.

NO tenant or their guests shall loiter in the halls of the building, on the rear balconies, the front lawn or the rear of the buildings.  NO tenant shall cause any loud noises or disturbances to occur there.  Visitors are NOT permitted to destroy lawns or shrubs or in any way molest or destroy buildings or grounds.

The Landlord will not be responsible for any article left with any employee or in any part of the building 

The tenant shall keep the apartment and fixtures in a good state of preservation and cleanliness.

The tenant or their guest shall not urinate, deficate or throw cups, bottles, trash or any other substances out of the windows or into the halls, stairs, foyers, fire towers, or in the front or rear of the buildings.  All trash and garbage will be placed IN the proper containers on the side of building “A” in a responsible manner.  

The fire escape and smoke towers shall not be obstructed at any time in any way for any reason. Any obstruction is a violation of the city fire code, and the city inspector will give the tenants a citation.

Activating the fire alarm when there is no fire is a felony and creates an emergency condition. Under an emergency condition the Landlord may enter all apartments to check for hazardous situations at any time and have all tenants and guests in the building vacate the buildings until it is determined by the proper authority that a dangerous condition does not exist.  A Matrix Group representative present at the time will determine a dangerous condition. A five hundred dollar ($500.00) charge will be assessed for response by Matrix personnel for the malicious activation of the fire alarm system.  Charges for repairs to the system will also be added.  Those responsible for the activations will be determined by city officials or the representatives of  Matrix Group, Incorporated.

NO pet of any kind is permitted in the apartments.

The bathtub, sinks and toilets shall not be used for any other purpose other than for which they were constructed; no inappropriate items shall be disposed of improperly including but not limited to tampons, tampon applicators, other feminine products, hair, q-tips, cotton balls, wipes, paper towels and latex products.  These items should NEVER be flushed down the toilet, bathtub or sink because they clog the pipes causing serious and very expensive plumbing repairs.  Tenants shall pay for any damage resulting from the misuse of these facilities by the tenants or their guests.

The Landlord reserves the right to make such other rules and regulations as in the Landlord's judgment may be necessary for the safety, care, maintenance, operation and cleanliness of the building and for the preservation of good order therein;  when notice is given to the tenant  these rules and regulations shall have the same force and effect as if made a part of the original lease.

The Landlord may terminate the lease of any apartment for the violation of any of the terms and conditions or any of the rules and regulations prescribed by the Landlord by giving the tenants ten (10) days notice in writing.

 

Drexel Arms Apartments St Joseph's University off campus student housing Saint Joseph's University College Phila PA

Now Accepting Applications For June 2010 . . . Apply today for St Joseph University off-campus housing at the Drexel Arms Apartments . . . Luxury St Joe off campus housing for less.

MATRIX GROUP INCORPORATED * P.O. BOX 276 * BENSALEM, PA 19020 * PHONE (215) 245-1879 * FAX (215) 245-6111

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