AGREEMENT FOR RENTALS WITH SIESTA BEACH HOUSE CONDOMINIUMS

This Agreement constitutes a contract between the person or persons known as the Tenant and Argus Property Management, Inc., Managing Agent for the Owners of the Siesta Beach House Condominium Association described below (the Premises). Argus Property Management is the Agent of the Owner and will be compensated by the Owner.

1.                  PREMISES, FURNISHINGS AND UTILITIES:

Tenant understands that the Premises and its furnishings are privately owned.The tenant shall be entitled to essential kitchen utensil, dishes and linens, as Agent deems necessary. No maid/linen service is provided. All other furnishings such as paper products, soap, garbage bags, beach towels, etc. shall be the sole responsibility of the Tenant. Electric power and local phone service is provided by the Owner. Tenant shall prudently use electricity and shall NOT charge long-distance calls to Ownerís phone. A $20.00 handling fee, in addition to long distance phone charges will be deducted from security deposit for failure to comply with this rule. Excessive use of electricity shall result in either a charge against the Tenantís security deposit or a liability for which the Tenant shall pay the Agent or Owner additional monies.

2.                  RESERVATION/PAYMENT

Siesta Beach House: A $300.00 Rent Deposit is required to place a temporary hold on a unit. Said unit will be a confirmed reservation when this agreement is signed and received by Management. The agreement must be returned within two weeks. All money (Security Deposit, Rent, Tax) is to be received AT LEAST THIRTY DAYS PRIOR TO ARRIVAL. If the unit is reserved less than thirty days prior to arrival, all money is due at the time of reservation. If the above is not followed, Management reserves the right to cancel reservation. All rates are subject to change without notice.

3.                  SECURITY DEPOSIT

The Security Deposit shall be held by the Agent to compensate the Owner for: (a) unpaid rent; (b) damage or loss of furnishings and equipment within the premises; (c) excessive utility charges and unpaid long distance phone charges. (*See item 1); (d) other services provided by the Agent of its assigns; and/or to compensate the Condominium Association for damage to the condominium property; (e) extra cleaning over three (3) hours required to return the unit to acceptable condition; (f) excessive soil to carpets (g) paint touch-up due to damaged or marked walls. Within 60 days after termination of this tenancy, Agent shall either return the Security Deposit to the Tenant or make a claim upon said Security Deposit in accordance with Florida Law.

4.                  CANCELLATION

Siesta Beach House: Monies paid hereunder shall be refunded if Tenantís written notice of cancellation of this rental is received by the Agent on or before sixty (60) days prior to the date of commencement, no refund of monies collected shall be made unless the Premises are subsequently re-rented for the full period anticipated under this Agreement. No refunds for early departures.

5.                  TENANCY APPROVAL AND COMPLETE COMPLIANCE WITH CONDOMINIUM REGULATIONS

Siesta Beach House: This Rental Agreement and Tenantís right of occupancy shall be subject to the approval of the Tenant by Siesta Beach House Condominium Association Inc., a Florida Corporation. The Tenantís financial ability, character, and likely combination with other occupants of Siesta Beach House, a Condominium shall be considered. The Tenant agrees to furnish such personal and financial information as required by the Association in order to obtain credit information and personal references. A Tenant information form must be completed if the Tenant has not previously furnished the required information. If the Association, at its sole discretion, determines that the Tenant is not approved, this Agreement shall be automatically canceled and terminated, and all sums of money previously paid by Tenant shall be promptly refunded. Tenant agrees to be bound by all terms and conditions of the Declaration of Condominium governing the premises and by any rules and regulations heretofore or hereafter adopted by the Association, with the following being of exceptional importance: (a) no pets; (b) Tenant may not sublet the Premises nor assign this agreement; (c) minimum rental period of the premises is 3 consecutive nights; (d) all trash must be bagged and sealed; (e) no child or infant is permitted in the pool who is not potty-trained; (f) no floats, rafts, goggles, fins, etc. are permitted in the pool; (g) no skateboards or skates are permitted to be used on property.

6.                  DISSATISFACTION UPON ARRIVAL

Any cleaning problems would be reported in writing within 24 hours of arrival, excluding weekends and holidays. Also, any damages to unit and/or furnishings must be reported in writing within that same period previously mentioned. Failure to report dissatisfaction with cleaning or damages within the aforementioned time period will result in responsibility resting with the Tenant

7.                  SUBSTITUTION OF ACCOMODATIONS

If, for some reason, a given unit should become unavailable, Agent may provide the Tenant with substitute accommodations for the dates of the Tenantís occupancy, which Tenant agrees to rent under the terms of the Agreement or Agent may cancel reservation by refunding all monies paid. Furthermore, should the Premises be undergoing major repairs, redecoration, etc., Agent may provide substitute accommodations. Agent shall use its best efforts to attempt to provide substitute accommodations that are comparable to the original Premises contemplated under this Agreement.

8.                  TERMINATION OF RENTAL

Siesta Beach House: If the Tenant violates any of the any of the conditions/restriction of this Agreement, Tenant forfeits security deposit and agent may terminate this Agreement, which upon notice of such termination, Tenant shall vacate the Premises immediately. Siesta Beach House Condominium Association, Inc., reserved the Right to Evict where Tenant refuses to comply with Association covenants or rules and regulations.

9.                  RADON GAS

Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed Federal and State guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your County Public Health Unit. *State required disclosure

10.              ENTRY INTO PREMISES

The Agent or authorized employees or repairmen may enter the premises, with or without permission of Tenant, during regular business hours, for any purpose connected with the repair, improvement, care and management of the Premises. In cases of emergency, the Owner, Agent or Agents, employees may enter at any time without permission of the Tenant.

11.              WAIVER OF TERMS

The Tenant agrees that the waiver of any term, covenant, or condition of the Agreement shall not be taken nor construed to be the waiver of any other term, covenant or condition.

In acknowledgement of this Agreement, I/We agree to abide by the rules of the Association.

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