The Lease on Condo in Bronx is a formal agreement between a lessor and a lessee for leasing a condominium unit. This document outlines essential terms, including the duration of the lease, rent payment details, and maintenance obligations. The lease specifies a monthly payment amount and addresses additional costs related to common area maintenance. It establishes usage restrictions for the unit, ensuring it serves solely as a private dwelling, and prohibits any subletting without the lessor's consent. Lessees must maintain the unit's condition and assume costs for any damages caused. The lease also includes conditions under which the lessor may terminate the agreement. This form is useful for attorneys, partners, owners, associates, paralegals, and legal assistants engaged in real estate transactions, as it provides a structured approach to ensure all necessary lease terms are documented clearly and legally. The content facilitates easy negotiation and understanding of responsibilities for both parties, making it an essential tool in property management and leasing agreements.