The lease is agreed for a duration, freely fixed between the parties

The lease may be cancelled with a certified mail with acknowledged receipt :

• From PARISIAN HOME, at any time, by means of an advance notice. There must be one month of advance notice from the date of reception of the notice ;


• From Landlord, at any time, by means of an advanced notice. There must be one month of advance notice from the date of reception of the notice. The said notice could only have effect at the lapsing of the subleasing contracts in process during the issue of the said notice.

At the expiry date, without a specified cancellation in the forms defined in the current agreement, from PARISIAN HOME or Landlord, the lease will be tacitly continued for one year.

The amount of the rent, fixed freely between the parties, will be paid by bank transfer at the Landlord’s or his/her mandatory’s bank. The rent will be paid at the monthly expiry date, at the latest on the last day of the calendar month.

The monthly amount of the rent varies according to the use of the premises by PARISIAN HOME during the month and according to the number as well as the duration of the subleasing contracts agreed, whether the premises were occupied all the duration or not.

Any week of subleasing that has been started, will be due by PARISIAN HOME, prorata temporis nevertheless without exceeding the amount of monthly rent.

Beyond a month of rent, the rent will be due on the basis of the monthly rent, prorata temporis of its use.

PARISIAN HOME shall justify the use of the premises, at first demand of Landlord and within fifteen days after said demand.

In addition to this rent, expenses taken on by Landlord for PARISIAN HOME for telephone costs of said premises will be refunded by PARISIAN HOME to Landlord, when Landlord will give the invoice with the details of the calls. Landlord is responsible for phone line subscription. Electricity and gas consumptions are refunded by PARISIAN HOME to Landlord according to meter reports made during the check-in and check-out.

Except costs listed above, the other rental costs will be exclusively paid by Landlord as quotation of regulatory costs, calculated according to the list fixed by the decree n° 87-713 (26 août 1987).

Current rent being agreed to be a furnished one, a bilateral inventory of personal property will be made when the keys will be given to PARISIAN HOME and when PARISIAN HOME will give them back. Furniture inventory is attached to current agreement.

PARISIAN HOME shall be responsible for any deterioration or lost in personal property, Landlord shall be responsible for proving the worth of lost or deteriorated items. Landlord shall be responsible for insuring items, which worth made them considered as precious.

Precious items included :

• Jewels and items in precious metal, precious stones and pearls, whatever their worth.


• Hand-made rugs and tapestries, which unit worth is higher than 2.000 €.


• Paintings, drawings, sculptures, engravings and lithography assigned to an artist at least nationally renowned and which unit worth is higher than 2.000 €.


• Trademark jewels and watches, whatever their metal, which signature or trademark is renowned and which unit worth is higher than 4.000 €.


• Art furniture and decoration prior to 1850 or representative of styles (New Art, Art deco or modern Art) which unit worth is higher than 4.000 €.


• Musical instruments, whatever their period, which unit worth is higher than 6.000 €.


• Art items which fabrication is prior to about 1850 or signed by an artist being at least nationally renowned and which unit worth is higher than 2.000 €.


• Collections which unit worth is higher than 4.000 €.

Beyond responsibilities linked to previous specifications, it is agreed that Tenant shall :

• Pay the rent according to article 5 terms.


• Abstain from ceding rental agreements except with explicit and written agreement from Landlord, including for the price of the rent.


• Occupy quietly the premises as housing.


• Respect the building regulations and/or collective regulations which are posted in the commons.


• Conform with any demand or instruction made by Landlord in virtue of decisions taken by general assemblies of co-owners, or building regulations or collective regulations, and carry out strictly every measure.


• Allow visits two hours a day, as soon as the notice was given or received, or if the premises are to be sold. Schedule of visit will be agreed between both parties. For lack of agreement, visits will be between 5pm and 7pm.


• Maintain the rented space in order.


• Be forthcoming regarding accidental defacements or damages of personal and real properties, which detail is attached to current agreement, occurring during rental period, unless a case can be made that it was a case of force majeure, it was due to Landlord or to a third that he/she did not bring in the apartment.


• Be responsible for potential degradations made by his/her or their subtenant, except for any other repairs (Landlord is integrally responsible for said other repair).


• Abstain from bringing furniture out of rented space.


• Abstain from altering rented space, without written authorization of Landlord. If Tenant were unaware or ignored this responsibility, Landlord could compel for the initial layout of the premises and its appliances at the departure of Tenant. Landlord could also keep the alterations unless Tenant could claim for a compensation for fees taken for these alterations.


• Abstain from installing and using other heating systems and systems of hot water than those already installed at the signature of agreement or those installed later by Landlord.


• Abstain from interfering with repairs or other urgent work to be carried out on the premises and collective space. Measures listed in second and third indents of the article 1724 of French Law (Code Civil) are enforceable during these works. However the rent would not be due if the apartment were to be unfit for rent during the works.


• Give back all keys of rented premises to Landlord from the departure and tell him/her Tenant’s new address.


• Leave the premises and its appliances in clean condition so that Landlord could rent again the premises.

Availability

• Landlord can book the premises for his/her personal use or any other during the period subject of subleasing.
• Landlord has to communicate the availability of said premises.
• Landlord commits himself/herself to update the information provided to PARISIAN HOME regarding availability, as soon as there is a modification.

Booking option

• This option is sent by mail to Landlord. Except disagreement of the latter within 24 hours from the date of sending, the option is considered as agreed and is available for ten days, except for late bookings ten days before the beginning of the stay.
• During this deadline of ten days, PARISIAN HOME can cancel the option. In this case a cancellation notice would be sent to Landlord by mail. Cancellation of the option during this deadline will not lead to any compensation for Landlord.
• From receipt of payment of the booking deposit, a rental agreement confirming the booking will be sent to Landlord by mail. In case of disagreement between PARISIAN HOME and Landlord regarding the booking confirmation, only the date and hour on the acknowledge receipt on the mail will be an evidence.
• In case of cancellation from Landlord, the latter will have to cover the price difference as part of a transfer and if necessary, PARISIAN HOME has the right to invoice a compensation for the damage caused.

Booking simultaneity

• In case of booking simultaneity, especially with an offer coming from Landlord or any other agency, A Parisian Home agreement shall have priority on Landlord’s agreement.