LEASE AGREEMENT

LEASE AGREEMENT

____SurfSide Realty, Inc____

204 Sandpiper Drive

Newport, NC 28570

252-726-0950

CHECK IN AFTER 3:00 P.M.! CHECK-OUT BEFORE 11:00 A.M.!

Owners of properties, by SurfSide Realty, Inc, Agent, do hereby lease to tenant(s) who hereby lease(s) the property from the Owner for the above period on the following terms and conditions:

1. Tenant understands there is no binding agreement until lease is signed by prospective renter and returned to SurfSide Realty.

2. Advanced rents will be deposited in Agent’s interest bearing trust accounts while waiting to be disbursed to the Owner. Interest accrued will be payable to the Agent. Rent should be paid by certified check or money order. Agent reserves the right to charge a $35.00 handling fee for all returned checks.

3. SurfSide Realty offers CSA Travel Protection Cancellation/Interruption Insurance. Travel insurance charges are automatically added to your advance rental payment. IF YOU DO NOT WISH TO PURCHASE CSA TRAVEL PROTECTION, YOU MAY DELETE THE CHARGE BY SIGNING WHERE INDICATED ON THE CONFIRMATION. The Trip Cancellation/Interruption insurance is optional BUT strongly recommended. Click www.CSANCHurricaneInsurance.com to learn more information about the trip insurance being offered. Travel insurance reimburses you in case of unforeseeable events. This includes but is not limited to protection against loss of vacation time due to severe storm evacuations. If you choose not to purchase the travel insurance, no refunds will be given in the event of unforeseeable cancellations, including hurricane evacuations. A brochure describing this coverage is mailed with every rental confirmation. For more information, you may call CSA Travel Protection at 800-554-9839.

4. The Tenant agrees to release and indemnify the Owner and Agent from and against all liability should anyone or anything be injured upon the premises during the term of this lease resulting from any cause whatsoever, except in the case of personal injury caused by the negligent act of the Owner or Agent or Agent’s employees.

5. Agent is authorized through the contract with the Property Owner to rent only to family groups. No high school, college, or civic groups are permitted. Violation is grounds for immediate eviction with no exceptions and no refunds. It is understood the Tenant shall be at least 25 years of age. House parties are specifically prohibited and are grounds for eviction. Leaseholder is required to be present during the entire tenancy. Agent may require a list of permitted occupants be provided.

6. It is mutually understood and agreed that SurfSide Realty is acting as an agent for the landlord .

7. Tenant covenants and agrees to surrender property in as good and in the same condition as of commencement of the rental period, reasonable wear and tear excepted and to reimburse Agent and/or Owner the amount of all damages including reasonable attorney’s fees. Owner and Agent shall have the right to make repairs to the property, its fixtures, appliances, furnishings, and facilities during the rental period.

8. Tenant shall not be entitled to any refund for inoperative appliances, air conditioners, TVs, VCR/DVDs, etc. Agent however, upon being notified by Tenant of any malfunction, will make every reasonable effort to have such appliances, etc. repaired. Replacement or repair of televisions when provided by the Owner, cannot be guaranteed. If a telephone is available in the unit, NO LONG DISTANCE CALLS are to be made. A charge of $30.00 will be billed in addition to the cost of any and all long distance calls charged to the condo.

9. Tenants are expected to care for the condo as if it were their own, and to leave it undamaged, clean, and with all trash removed from inside the condo and disposed of in the condominium complex trash containers. Tenant agrees to abide by all complex rules and regulations.

10. NO PETS ALLOWED! Violation of the NO PET rule will be grounds for immediate eviction without refund.

11. NO SMOKING INSIDE CONDOS.

12. If at the sole discretion of the Agent, tenant becomes objectionable or violates any of the terms of this lease, Tenant may be evicted without refund. Should a group exceed the maximum number of people allowed, the group will be required to vacate the unit without refund.

13. The total rent and tax will be due 30 days prior to check in. If the reservation is made within 30 days of check in, the amount will be the full rental and tax amount. Any payments made within 30 days of check- in must be in guaranteed funds.

14. Tenant acknowledges any after office hours (8-5p.m.) lock out calls will be the sole responsibility of the renter. He/she will need to contact and compensate a locksmith of their choice to gain re-entry to the property. (D-K Lock 252-247-2663)

15. North Carolina Law requires the collection of a sales and use tax and a lodging tax on the gross amount, due and payable by the Tenant. This sum must be paid with the balance of the rent.

16. This agreement shall not be binding unless and until Agent has received $100.00 of the gross rent as advance rent. Receipt for rent from renter signifies acceptance of this agreement. Renter acknowledges no possession of the premises can be taken until the full rental amount set forth herein, including all taxes, has been paid and lease has been signed and returned to SurfSide.

17. Waiver of liability for pools, beaches, etc. herein called special features. The tenant understands there are special risks that may be involved in using special features. The Tenant understands there are potential dangers that the special features may present to children not carefully supervised as well as the danger to any person using the features if the person has a health risk or is intoxicated or using any kind of drugs or medication or uses the special features while pregnant. The Tenant agrees to explain the special features to any guests he may have at the condo and to be fully and solely responsible for any accidents his guests may incur. The Tenant agrees that he will assume all responsibility for himself and his guest(s) for the consequences of those risks. Tenant agrees to waiver any claim whatsoever against Landlord or Agent for accidents or claims arising from the use of special features. Tenant agrees to indemnify Landlord and/or Agent for any claims made by Tenant’s guests arising from Tenant’s guests use of special features. The Tenant also understands and agrees that he will pay Agent upon request for any damages that occur to the special feature through his or his guests misuse and/or negligence.

18. There will be a $30.00 non-refundable handling fee charged on all rentals and shall become part of the total amount due Agent.

19. Tenant understands this lease is exclusively for the property and time described on this document and does not convey or transfer to another property.

20. Tenant understands Agent is being compensated by the property owner and is contractually obligated to protect the interests of it.

Tenant Signature Condominium # Date of Rental

Please return this signed form with final rent payment. If final rent is charged, mail this agreement back to SurfSide Realty ASAP.

Thanks,

Pat Foster

SurfSide Realty