⇢

Fill Your Washington Dc Residential Lease Agreement Template

The Washington DC Residential Lease Agreement is a legal document that outlines the terms and conditions of renting residential property in Washington, D.C. This agreement is established between a landlord, or their agent, and the tenant, detailing aspects such as rent payment, security deposits, and tenant responsibilities. Understanding this form is crucial for both parties to ensure compliance with local laws and to protect their rights.

For more information and to complete your agreement, please click the button below.

Modify Form Now

Fill Your Washington Dc Residential Lease Agreement Template

Contents

The Washington, D.C. Residential Lease Agreement form serves as a vital document in the landlord-tenant relationship, outlining key responsibilities and provisions that govern occupancy. This legally binding agreement, made between the landlord (or their agent) and the tenant, specifies essential details such as the duration of the lease, the amount of monthly rent, and the responsibilities related to security deposits. Landlords require tenants to pay rent before the start of occupancy, ensuring financial obligations are clear from the outset. In addition to monthly rent payments, the lease details the potential for late fees and outlines the procedure for handling bounced checks, thus prompting timely payments to avoid further financial consequences. It also clarifies the tenant's joint and several liabilities, meaning all tenants are responsible for fulfilling lease obligations. Other important features include provisions regarding possession of the property, security deposit management, and conditions under which landlords may retain portions of the deposit. By delineating these terms, the lease agreement not only protects the landlord’s property but also establishes the rights and duties of tenants, creating a just framework for rental housing in the capital. Ultimately, this form plays a crucial role in fostering a transparent and mutually beneficial leasing environment.

Example - Washington Dc Residential Lease Agreement Form

ii...~

IHGl

GcHAR

REALTOR®

•~~~

GAUtUICAl'lTAl.ullAASSOQATIOll'O,REAI.TCl'IM

6IWMHIRXMEP0IEWI

EWLMRKXSR('

8,-70)%7)MWQEHI

F]ERHFIX[IIR

EW%KIRX

JSV0ERHPSVH

LIVIMREJXIVVIJIVVIHXSEW0ERHPSVH

SV0ERHPSVH%KIRX ERH

LIVIMREJXIVVIJIVVIHXSEW8IRERX

XLI0IEWI ;-82)77)8,XLEXXLI0ERHPSVHLIVIF]PIEWIWXSXLI8IRERXERHXLI8IRERXLIVIF]PIEWIWJVSQXLI0ERHPSVHTVIQMWIW

ORS[REW

XLI

4VIQMWIW JSVXLIXIVQSJ

FIKMRRMRKSRXLIJMVWXHE]SJ

ERHIRHMRKSRXLIPEWXHE]SJ

XLI8IVQ

1EMP &S\2YQFIV

6IWIVZIH4EVOMRK7TEGI2YQFIVW 0SGEXMSR

+)2)6%0463:-7-327

6)28

8IRERXGSZIRERXWERHEKVIIWXSTE]VIRXMRIUYEPQSRXLP]MRWXEPPQIRXWSJMREHZERGISRXLIJMVWXHE]SJ

IEGLERHIZIV]QSRXL6IRX(YI(EXI SJWEMHXIVQ8LIXSXEPVIRXJSVXLIXIVQSJXLI0IEWIMW 8IRERXMWXSTE]SRIJYPPQSRXLVIRXTVMSVXSGSQQIRGIQIRXSJSGGYTERG]-JXLMW0IEWIGSQQIRGIWSREHE]SXLIVXLERXLIJMVWXSJXLI QSRXLXLIEQSYRXSJVIRXXSFITEMHJSVXLIFEPERGISJWEMHJMVWXQSRXL[MPPFIETTSVXMSRIHTVSVEXEXLIVIEJXIVVIRX[MPPFITEMHSRXLI JMVWXHE]SJXLIQSRXLEWEJSVIWEMH8IRERXEKVIIWXSTE]WEMHVIRXXS

EXSVEXWYGLSXLIVTPEGI EW 0ERHPSVH%KIRX QE] JVSQ XMQI XS XMQI HIWMKREXI [MXLSYX HMQMRYXMSR HIHYGXMSRW SV HIQERH ERH WEMH SFPMKEXMSR XS TE] VIRX MW MRHITIRHIRXSJER]SXLIVGPEYWILIVIMR*EMPYVIXSTE]WEMHVIRXEXXLIXMQIWTIGMJMIH[MPPGSRWXMXYXIHIJEYPXERHXLI0ERHPSVHQE]YWI ER] VIQIH] EJJSVHIH YRHIV XLI XIVQW SJ XLMW 0IEWI ERHSV ETTPMGEFPI PE[ %PP WYQW SJ QSRI] SV SXLIV GLEVKIW MRGPYHMRK TE]QIRXW VIUYMVIH XS FI TEMH F] 8IRERX XS 0ERHPSVH%KIRX SV XS ER] SXLIV TIVWSR YRHIV XLI XIVQW SJ XLMW 0IEWI [LIXLIV SV RSX XLI WEQI FI HIWMKREXIHVIRXSVEHHMXMSREPVIRX[MPPFIHIIQIHVIRXERH[MPPFIGSPPIGXMFPIEWWYGL0ERHPSVH%KIRXWLEPPJYVRMWLXS8IRERXE VIGIMTXJSVEPPGEWLSVQSRI]SVHIVWTEMHF]8IRERXXS0ERHPSVH%KIRXJSVVIRXWIGYVMX]HITSWMXSVSXLIV[MWI

8)2%280-%&-0-8=

)EGL8IRERXMWNSMRXP]ERHWIZIVEPP]PMEFPIXS0ERHPSVH%KIRXJSVJYPPTIVJSVQERGIYRHIVIEGLERHIZIV]GSZIRERXERHGSRHMXMSRSJXLMW 0IEWI%KVIIQIRXERHJSVGSQTPMERGI[MXLXLIETTPMGEFPIPE[

4636%8%
-XMWEHHMXMSREPP]YRHIVWXSSHERHEKVIIHXLEX8IRERXMWXSGSQQIRGISGGYTERG]SJXLITVIQMWIWSR
3R	XLIWYQSJ		WLEPPFIHYIEWTVSVEXEVIRXJSVXLITIVMSH
		XLVSYKL

%((-8-32%0',%6+)7

0ERHPSVH%KIRX QE] VIUYMVI XLEX EPP VIRXEP TE]QIRXW FI QEHI F] QSRI] SVHIV GEWLMIVW GLIGO ERHSV GIVXMJMIH GLIGO 8IRERX EPWS EKVIIW XLEX MR XLI IZIRX 8IRERX JEMPW XS TE] ER] MRWXEPPQIRX SJ VIRX [MXLMR JMZI HE]W SJ XLI HEXI SR [LMGL MX MW HYI ERH TE]EFPI 8IRERXQYWXTE]0ERHPSVHMREHHMXMSRXSXLIVIRXEPEXIGLEVKIMRXLIEQSYRXSJJMZITIVGIRX SJXLIQSRXLP]VIRX,S[IZIVXLI JMZI HE]PEXITIVMSHMW238EKVEGITIVMSHERHXLIVIRXMWHYIERHTE]EFPISRXLIJMVWXSJIEGLQSRXL8LIPEXIGLEVKIQYWXFITEMH EWEHHMXMSREPVIRXXSKIXLIV[MXLXLIVIRXXLIRSZIVHYIERHMREVVIEVWERHEGGITXERGISJWYGLTE]QIRXMWRSXE[EMZIVSJXLIVIUYMVIQIRX XLEXVIRXMWHYISRXLIJMVWXHE]SJXLIQSRXL2SXLMRKMRXLMWPIEWIGSRWXMXYXIWE[EMZIVSVPMQMXEXMSRSJ0ERHPSVHWVMKLXXSMRWXMXYXIPIKEP TVSGIIHMRKWJSVVIRXHEQEKIWERHSVVITSWWIWWMSRSJXLIPIEWIHTVIQMWIWJSVRSRTE]QIRXSJER]MRWXEPPQIRXSJVIRX[LIRERHEWXLI

WEQIFIGSQIWHYIERHTE]EFPI%WIVZMGIGLEVKI[LMGLWYQWLEPPRSXI\GIIHXLIQE\MQYQTIVQMXXIHF]XLI(MWXVMGXSJ'SPYQFME

PE[ SJ $100.00[MPPFIEYXSQEXMGEPP]QEHIJSVIEGLMRWXERGIMR[LMGLEGLIGOMWVIXYVRIHYRTEMHJSVER] VIEWSRF]XLI8IRERXWFERO

8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RG

8LMW6IGSQQIRHIH*SVQMWXLITVSTIVX]SJ8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RGERHMWJSVYWIF]QIQFIVWSRP]

4VIZMSYWIHMXMSRWSJXLMWJSVQWLSYPHFIHIWXVS]IH

+'%%6*SVQz('6IWMHIRXMEP0IEWI		4EKISJ	1/2019
Peabody Real Estate LLC, 11890 Sunrise Valley Drive Suite 101 Reston, VA 20191
4LSRI 703-436-6964	*E\	Tino Peabody	123 EXAMPLE

4VSHYGIH[MXL^MT*SVQF]^MT0SKM\*MJXIIR1MPI6SEH*VEWIV1MGLMKER[[[^MT0SKM\GSQ

7)'96-8=()437-8
0ERHPSVHLIVIF]EGORS[PIHKIWVIGIMTXSJXLIWYQSJ	EREQSYRXRSXXSI\GIIHXLIJMVWXJYPPQSRXLWVIRX

[LMGLMWXSFIVIXEMRIHEWEWIGYVMX]HITSWMXJSVXLITIVJSVQERGIF]8IRERXSJEPPGSZIRERXWGSRHMXMSRWERHXIVQWSJXLMW0IEWIXSFI LIPHERHHITSWMXIHMREGGSVHERGI[MXLXLIETTPMGEFPITVSZMWMSRWSJXLI,SYWMRK6IKYPEXMSRWSJXLI(MWXVMGXSJ'SPYQFME0ERHPSVHWLEPP RSXFISFPMKEXIHXSETTP]XLIWEQISRVIRXSVSXLIVGLEVKIWERHEVVIEVWSVSRHEQEKIWJSV8IRERXWJEMPYVIXSTIVJSVQWEMHGSZIRERXW GSRHMXMSRWERHXIVQWEPXLSYKL0ERHPSVHQE]WSETTP]XLIWIGYVMX]EX0ERHPSVHWSTXMSR8IRERXWPSWWSV8IRERXWVMKLXXSTSWWIWWMSRSJ XLITVIQMWIWJSVRSRTE]QIRXSJVIRXSVJSVER]SXLIVVIEWSRWLEPPRSXMRER]IZIRXFIEJJIGXIHF]VIEWSRSJXLIJEGXXLEX0ERHPSVHSV %KIRXLSPHWXLIWIGYVMX]HITSWMX-RXLIIZIRX0ERHPSVHVITSWWIWWIWWEMHTVIQMWIWFIGEYWISJXLI8IRERXWHIJEYPXSVFIGEYWISJ8IRERXW JEMPYVI XS GEVV] SYX XLI GSZIRERXW GSRHMXMSRW ERH XIVQW SJ XLMW 0IEWI 0ERHPSVH QE] ETTP] WYGL WIGYVMX] SR EGGSYRX SJ EPP HEQEKIW WYJJIVIHF]VIEWSRSJ8IRERXWHIJEYPXSVFVIEGL

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

%PPYXMPMX]WIVZMGIWMRXLITVIQMWIWWLEPPFISVHIVIHHMWGSRRIGXIHERHEPPJMREPFMPPWTEMHF]8IRERX[MXLTVSSJSJVIGIMTXWFIJSVIER] TEVXSJXLIWIGYVMX]HITSWMX[MPPFIVIXYVRIH-RXIVIWXWLEPPFITEMHSVGVIHMXIH8IRERXMREGGSVHERGI[MXLXLITVSZMWMSRWSJWEMH,SYWMRK 6IKYPEXMSRW234368-323*7%-(()437-87,%00&)97)(&=8)2%28*36%2=4%=1)283*%2=6)28(9)

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

8LI0ERHPSVHSV0ERHPSVHWIWXEXIFYXRSXXLIQEREKMRKEKIRXSVGSYVXETTSMRXIHVIGIMZIVWLEPPVIQEMRPMEFPIXSXLI8IRERXJSVXLI QEMRXIRERGISJXLIWIGYVMX]HITSWMXEWVIUYMVIHF]PE[

4377)77-32

-RXLIIZIRXXLEX0ERHPSVHMWYREFPIXSHIPMZIVTSWWIWWMSRSJXLITVIQMWIWEXXLIGSQQIRGIQIRXSJXLIXIRERG]0ERHPSVHEKVIIWXSYWI [LEXIZIV IJJSVXW EVI MR LMW HIXIVQMREXMSR VIEWSREFPI XS WIGYVI TSWWIWWMSR SJ XLI TVIQMWIW JSV 8IRERX MRGPYHMRK XLI VIGSZIV] SJ TSWWIWWMSREWEKEMRWXEJSVQIVSGGYTERX[VSRKJYPP]LSPHMRKSZIVFYXMRRSIZIRXWLEPP0ERHPSVH%KIRXSVXLIQEREKIVSJXLITVIQMWIW FI PMEFPI XS 8IRERX JSV ER] HIPE] MR TSWWIWWMSR 2SX[MXLWXERHMRK XLI TVSZMWMSRW SJ XLI JSVIKSMRK WIRXIRGI 8IRERX WLEPP LEZI RS VIWTSRWMFMPMX] XS TE] VIRX JSV XLI XMQI IPETWMRK JVSQ XLI FIKMRRMRK SJ XLI XIVQ SJ XLMW 0IEWI YRXMP XLI TVIQMWIW EVI EZEMPEFPI JSV SGGYTERG]F]8IRERX

97)7%98,36->)(3''94%287
8LITVIQMWIW[MPPFIYWIHWSPIP]JSVVIWMHIRXMEPTYVTSWIWERHFISGGYTMIHF]RSQSVIXLER	TIVWSRW

MRGPYHMRKGLMPHVIR8LIJSPPS[MRKTIVWSRWERHRSSXLIVWI\GITXEJXIVFSVRGLMPHVIRGLMPHVIREHSTXIHF]XIRERXSVGLMPHVIRSJ[LSQ XIRERXMWETTSMRXIHKYEVHMEREVIEYXLSVM^IHF]0ERHPSVHXSVIWMHI[MXLMRXLIHIQMWIHTVIQMWIW

8IRERX[MPPRSXYWIXLITVIQMWIWJSVER]HMWSVHIVP]SVYRPE[JYPTYVTSWIWSVMRER]QERRIVSJJIRWMZIXSSXLIVWERH[MPPGSQTP][MXLEPP ETTPMGEFPI*IHIVEPERHPSGEPPE[WERHSVHMRERGIW8IRERXWLEPPRSXTIVQMXER]TIVWSRSRXLITVIQMWIW[MXLXLIXIRERXWTIVQMWWMSRXS [MPPJYPP]SV[ERXSRP]HIWXVS]HIJEGIHEQEKIMQTEMVSVVIQSZIER]TEVXSJXLIWXVYGXYVISVH[IPPMRKYRMXSVXLIJEGMPMXMIWIUYMTQIRX SVETTYVXIRERGIW8IRERXI\TVIWWP]EKVIIWRSXXSEPPS[SVTIVQMXGSRXVSPPIHHERKIVSYWWYFWXERGIWSJER]X]TISVTEVETLIVREPMEYWIHMR GSRRIGXMSR [MXL GSRXVSPPIH HERKIVSYW WYFWXERGIW [MXLMR XLI PIEWIH TVIQMWIW SV MR XLI GSQQSR EVIEW 8IRERX I\TVIWWP] EWWYQIW XLI SFPMKEXMSR ERH EJJMVQEXMZI HYX] SJ TVSLMFMXMRK JEQMP] QIQFIVW ERH KYIWXW JVSQ TSWWIWWMRK SV FVMRKMRK SRXS XLI PIEWIH TVIQMWIW SV GSQQSREVIEWER]GSRXVSPPIHHERKIVSYWWYFWXERGISVTEVETLIVREPME8IRERXI\TVIWWP]EKVIIWXLEXXLIYWITSWWIWWMSRSVHMWXVMFYXMSRSJ GSRXVSPPIH HERKIVSYW WYFWXERGIW SV TEVETLIVREPME MR XLI PIEWIH TVIQMWIW SV GSQQSR EVIEW F] XLI 8IRERX JEQMP] SV KYIWXW WLEPP

8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RG

8LMW6IGSQQIRHIH*SVQMWXLITVSTIVX]SJ8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RGERHMWJSVYWIF]QIQFIVWSRP]

4VIZMSYWIHMXMSRWSJXLMWJSVQWLSYPHFIHIWXVS]IH

+'%%6*SVQz('6IWMHIRXMEP0IEWI	4EKISJ	1/2019
4VSHYGIH[MXL^MTSVQF]^MT0SKM\MJXIIR1MPI6SEH*VEWIV1MGLMKER[[[^MT0SKM\GSQ		123 EXAMPLE

GSRWXMXYXI E WYFWXERXMEP FVIEGL SJ XLMW 0IEWI F] XLI 8IRERX [LMGL WLEPP IRXMXPI 0ERHPSVH%KIRX XS XIVQMREXI XLMW 0IEWI ERH VIGSZIV TSWWIWWMSR SJ XLI TVIQMWIW -X MW I\TVIWWP] WXMTYPEXIH ERH EKVIIH XS F] XLI 8IRERX XLEX MX [MPP RSX FI E HIJIRWI XS ER] EGXMSR JSV TSWWIWWMSRVIWYPXMRKJVSQ8IRERXWFVIEGLSJXLMWTEVEKVETLXLEXXLI8IRERXHMHRSXGSRWIRXXSSVLEZIORS[PIHKISJXLITVIWIRGISJXLI GSRXVSPPIHHERKIVSYWWYFWXERGIWSVTEVETLIVREPMEYTSRXLIPIEWIHTVIQMWIWSVGSQQSREVIEWF]8IRERXWJEQMP]QIQFIVWSVKYIWXW 8LMWTEVEKVETLHSIWRSXPMQMXER]VMKLXW0ERHPSVH%KIRXQMKLXLEZIXSWIIOXIVQMREXMSRSJXLMW0IEWI[MXLSYXEWLS[MRKSJGSRXVSPPIH HERKIVSYWWYFWXERGIWEGXYEPP]FIMRKSRXLITVIQMWIWMJZILMGYPEVERHJSSXXVEJJMGXSERHJVSQXLITVIQMWIWMWSJWYGLQEKRMXYHIWSEWXS MRXIVJIVI[MXLXLIIRNS]QIRXSJRIMKLFSVWSVMJETTPMGEFPIGSQQSREVIEW

'311323 2)67,-4'31192-8=690)7%2(6)+90%8-327

8IRERX8IRERXWJEQMP]KYIWXWERHIQTPS]IIWQYWXEFMHIF]EPPVYPIWERHVIKYPEXMSRWERHEPPRSXMGIWKSZIVRMRKXLITVSTIVX]RS[SV

LIVIEJXIVMRIJJIGXF]XLITVMRXREQI

SJ GSQQSR S[RIVWLMT GSQQYRMX] MJ ETTPMGEFPI % GST] SJ XLMW 0IEWI %KVIIQIRX QYWX FI WYFQMXXIH XS XLI GSQQSR S[RIVWLMT GSQQYRMX]MJVIUYMVIH%R]SFPMKEXMSRSJXLIS[RIVXLEXEJJIGXWXLIYWIERHSGGYTERG]SJXLIYRMXSVER]GSQQSREVIEEWWSGMEXIH[MXL XLIYRMXMWIRJSVGIEFPIEKEMRWXXLI8IRERX 8IRERX EGORS[PIHKIW VIGIMTXSJE GST]SJXLIVYPIWERHVIKYPEXMSRW*EMPYVIXSGYVI ER] SRKSMRKZMSPEXMSRWSJXLI6YPIWERH6IKYPEXMSRWF]XLI8IRERX[MPPFIHIIQIHEFVIEGLSJXLMW0IEWIERH8IRERX[MPPFIVIWTSRWMFPI JSVXLIGSWXSJER]JMRIWPIZMIHYTSRXLI0ERHPSVHEWEVIWYPXXLIVISJ

8LITVSZMWMSRWLIVIMRRSX[MXLWXERHMRKMJXLIPIKEPHSGYQIRXWERHVYPIWERHVIKYPEXMSRWSJXLIREQIH%WWSGMEXMSRTVSLMFMXWYFPIEWMRK 0ERHPSVH%KIRXRIIHRSXGSRWIRXXSEREWWMKRQIRXSVWYFPIEWISJXLITVIQMWIW

*36'32(31-2-917'334)6%8-:)7320=-REHHMXMSRXSXLIVMKLXWSJ0ERHPSVHYRHIVXLMW0IEWIERHEXPE[SVMRIUYMX]MR XLIIZIRXSJER]WYGLFVIEGLF]8IRERXXLI'SRHSQMRMYQ'SSTIVEXMZI,SQI3[RIVWEWWSGMEXMSRWLEPPLEZIXLIVMKLXERHEYXLSVMX]XS FVMRKPIKEPEGXMSRERHSVIUYMXEFPIEGXMSREKEMRWX8IRERXERHSVWYGLSGGYTERXW JSVWYGLJEMPYVIXSGSQTP][MXLWYGLVYPIWRSXMGIW F]PE[WSVVIKYPEXMSRWERHXSIRJSVGIXLIWEQIEKEMRWX8IRERXERHSVWYGLSGGYTERXW EWXLI'SRHSQMRMYQ'SSTIVEXMZIEWWSGMEXMSRW KSZIVRMRKHSGYQIRXWQE]EPPS[

4)877)6:-')%2-1%07

% 4IXW8LMWTEVEKVETLHSIWRSXETTP]XSWIVZMGIERMQEPWGSZIVIHF]%QIVMGER[MXL(MWEFMPMXMIW%GX%(%

8IRERX WLEPPRSXOIITSVEPPS[TIXW SRTVIQMWIWI\GITXEWJSPPS[WSV[MXLXLIWYFWIUYIRX[VMXXIRGSRWIRXSJ0ERHPSVH%KIRX8LI JSPPS[MRKTIXW QE]FIOITXSRXLITVIQMWIW

□ =IW □ 2S %003;)(		8=4)3*4)87		;)-+,8

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

-J8IRERXTIVQMXWSVLEVFSVWETIXSRXLITVIQMWIW[MXLSYX TIVQMWWMSRSJ0ERHPSVH%KIRXERH TE]QIRXSJEREHHMXMSREPVIUYMVIH

HITSWMX 8IRERX WLEPP FI MR ZMSPEXMSR SJ XLI PIEWI -J 8IRERX ZMSPEXIW XLI RS TIXW TVSZMWMSR SJ XLI PIEWI 8IRERX EKVIIW XS TE]

EHHMXMSREP VIRX 150.00TIVQSRXLTIVERMQEPJSVIEGLQSRXLZMSPEXMSRI\MWXWMREHHMXMSRXSER]HEQEKIWTL]WMGEPSV SXLIV[MWI[LMGLMRXLISTMRMSRSJ0ERHPSVH%KIRX[IVIGEYWIHF]XLIYREYXLSVM^IHERMQEPSRXLITVIQMWIW%KIRXEPWSVIWIVZIWXLI VMKLXXSVIUYMVIVIQSZEPSJXLIERMQEPJVSQXLITVIQMWIWERHVIUYMVIEHHMXMSREPWIGYVMX]HITSWMXXSFILIPHJSVFEPERGISJXLIXIRERG] 8LIGSQFMRIHXSXEPSJER]ERHEPPHITSWMXWQE]RSXI\GIIHXLIIUYMZEPIRXSJXLIJMVWXQSRXLWVIRX

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

8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RG

8LMW6IGSQQIRHIH*SVQMWXLITVSTIVX]SJ8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RGERHMWJSVYWIF]QIQFIVWSRP]

4VIZMSYWIHMXMSRWSJXLMWJSVQWLSYPHFIHIWXVS]IH

+'%%6*SVQz('6IWMHIRXMEP0IEWI	4EKISJ	1/2019
4VSHYGIH[MXL^MTSVQF]^MT0SKM\MJXIIR1MPI6SEH*VEWIV1MGLMKER[[[^MT0SKM\GSQ		123 EXAMPLE

1%-28)2%2')

% &]8IRERX8IRERXQYWXKIRIVEPP]QEMRXEMRXLIVIRXEPH[IPPMRKERHSXLIVETTYVXIRERGIWWYGLEWKEVEKISVWLIHMJER]MREGPIER WERMXEV] ERH WEJI GSRHMXMSR 7YGL QEMRXIRERGI MRGPYHIW XLI GEYPOMRK SJ FEXLXYFW ERH WMROW VITPEGIQIRX SJ ,:%' JMPXIVW JYWIW

VIWIXXMRKSJGMVGYMXFVIEOIVWFEXXIVMIWERHPMKLXFYPFWGPIERMRKSJGEVTIXWGLMQRI]WJMVITPEGIWERHTSSPWEWETTPMGEFPI ERHGPIERMRK SJETTPMERGIWMRGPYHMRKFYXRSXPMQMXIHXSWXSZIWERHQMGVS[EZISZIRWVIJVMKIVEXSVWERHJVII^IVWKEVFEKIHMWTSWEPWXVEWLGSQTEGXSVW HMWL[EWLIVW[EWLMRKQEGLMRIWGPSXLIWHV]IVWXSMRGPYHIHV]IVZIRX [MRHS[EMVGSRHMXMSRMRKYRMXWLYQMHMJMIVWERHHILYQMHMJMIVW

8IRERX MW VIWTSRWMFPI JSV KIRIVEP GSRXVSP ERH IPMQMREXMSR SJ LSYWILSPH TIWXW MRGPYHMRK FYX RSX PMQMXIH XS JPIEW XMGOW VSEGLIW WMPZIVJMWLERXWGVMGOIXWERHVSHIRXW

8IRERX WLEPP FI VIWTSRWMFPI JSV VITPEGIQIRX SJ FVSOIR KPEWW ERH WGVIIRW 8IRERX MW VIWTSRWMFPI JSV OIITMRK TPYQFMRK JM\XYVIW GPIER WERMXEV] ERH QEMRXEMRMRK GSQQSHI HVEMRW ERH EMVKETW JVII SJ FPSGOEKIW ERH STIVEXI EPP IPIGXVMGEP ERH TPYQFMRK JM\XYVIW TVSTIVP] 8IRERXQYWXRSXVIJMRMWLSVWLIPPEGXLI[SSHJPSSVW8IRERXQYWXOIITEXPIEWX SJXLIJPSSVEVIEGSZIVIH[MXLVYKWSVGEVTIXMRK 8IRERXQYWXOIITXLITVIQMWIWLIEXIHERHXYVRSJJ[EXIVXSI\XIVMSVWTMKSXWMRGSPH[IEXLIVXSEZSMHJVII^MRKTMTIW

%PP KEVFEKI ERH XVEWL QYWX FI TPEGIH F] 8IRERX MR WYMXEFPI GSZIVIH GSRXEMRIVW ERH HMWTSWIH SJ MR E GPIER ERH WERMXEV] QERRIV F]

HITSWMXMRKMXETTVSTVMEXIP]JSVVIKYPEVTMGOYTERHVIQSZEPSVTPEGMRKMXMRXVEWLGLYXIWSVMREXVEWLVSSQMREGGSVHERGI[MXLXLIVYPIW ERH VIKYPEXMSRW ETTPMGEFPI XS XLI 4VIQMWIW 8IRERX [MPP EFMHI F] EPP PSGEP PE[W ERH VIKYPEXMSRW GSRGIVRMRK XLI WITEVEXMSR WTIGMEP TMGOYTERHVIQSZEPSJVIG]GPEFPIW%R]QYRMGMTEPJMRIWMRGYVVIHJSVJEMPYVIXSGSQTP][MXLWEMHPE[W[MPPFITVSQTXP]TEMHF]8IRERX ERH8IRERX[MPPJYVRMWLEVIGIMTXSJTE]QIRXXS0ERHPSVH

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

-J8IRERXERH0ERHPSVHQEOIEVVERKIQIRXWJSV8IRERXXSQIIXZIRHSVXSQEOIVITEMVWSVTIVJSVQQEMRXIRERGIERH8IRERX JEMPWXSQIIXZIRHSVEWWGLIHYPIH8IRERXWLEPPFIVIWTSRWMFPIJSVER]GLEVKIWMRGYVVIHJSVXLI8IRERXWJEMPYVIXSQIIXZIRHSV EWWGLIHYPIH*YVXLIVWLSYPHXIRERXVIUYMVIXLEXWYGLZIRHSVETTSMRXQIRXWFIQEHIHYVMRKZIRHSVWSZIVXMQILSYVWERHXLI [SVO VIUYMVIH HSIW RSX UYEPMJ] EW ER IQIVKIRG] 8IRERX WLEPP FI VIWTSRWMFPI JSV XLI EHHMXMSREP GLEVKIW MRGYVVIH XS EGGSQQSHEXIWEMHSZIVXMQIVIUYIWX

-J 8IRERX MW MREHZIVXIRXP] PSGOIH SYX 8IRERX EKVIIW XS GEPP E PMGIRWIH PSGOWQMXL XS TVSZMHI EGGIWW XS XLI TVSTIVX] -J E TVSJIWWMSREPPSGOWQMXLMWRIGIWWEV]8IRERXEKVIIWXSTE]ER]GLEVKIWMRGYVVIHEXXLIXMQIEGGIWWMWKMZIR-JXLIPSGOQYWXFI VIOI]IH8IRERXEKVIIWXSTVSZMHIXLIRI[OI]XSXLI0ERHPSVHSV%KIRX[LMGLIZIVMWQEREKMRKXLITVSTIVX][MXLMRLSYVW

*36()8%',)(83;2,397)63;,397)4634)68-)7320=

□X /IITMRKYTTVIWIVZMRKMRKSSHGSRHMXMSRERHOIITMRKXVMQQIHER]PE[RXVIIWZMRIWWLVYFFIV]ERHKEVHIRW

□X VIQSZMRKPIEZIWWXMGOWERHSXLIVHIFVMWXLEXEGGYQYPEXISRXLITVSTIVX] □X TVSQTXP]VIQSZMRKMGIERHWRS[EWRIGIWWEV]

□X OIITMRKKYXXIVWHS[RWTSYXWERHI\XIVMSVHVEMRWGPIERIHERHGPIEVIHSJPIEZIWERHSXLIVHIFVMW

& &]0ERHPSVH

0ERHPSVH%KIRXMWVIWTSRWMFPIJSVVITPEGIQIRXSJSVVITEMVWXSWXVYGXYVEPIPIQIRXWSJXLIFYMPHMRKSVYRMXXS[LMGLXLMWPIEWIETTPMIW QENSVETTPMERGIWMRGPYHMRK[EWLIVWHV]IVWERHEMVGSRHMXMSRMRKMJJYVRMWLIH ERHIPIGXVMGEPTPYQFMRKERHLIEXMRKW]WXIQW7XVYGXYVEP IPIQIRXWMRGPYHIFYXEVIRSXPMQMXIHXSXLIVSSJJPSSVERHGIMPMRKW]WXIQWFIEVMRK[EPPWERHTEVXMXMSRWGSPYQRWPMRXIPWKMVHIVWERH PSEHFIEVMRKFIEQWJSYRHEXMSRW]WXIQWERHJSSXMRKWEPPMRXIVMSVWXEMVGEVVMEKIW]WXIQWEPPRIGIWWEV]QEXIVMEPWVIUYMVIHJSVXLINSMRMRK WYTTSVXJEWXIRMRKSVEXXEGLQIRXSJXLIJSVIKSMRKMXIQWEPPGSQTSRIRXWSJXLII\XIVMSVHIWMKRIHXSTVIZIRXMRJMPXVEXMSRSJ[EXIVMI TEMRXWLMRKPIWWMHMRKERHXVMQW ERHLERHVEMPMRKWWXITWWMHI[EPOWERHHVMZI[E]W-RXLIIZIRXSJEFSREJMHIIQIVKIRG]ERHMJEJXIV VIEWSREFPI IJJSVX RSXMJMGEXMSR XS XLI 0ERHPSVH%KIRX MW MQTVEGXMGEP SV MQTSWWMFPI XLI 8IRERX QE] SVHIV VIEWSREFPI ERH RIGIWWEV] VITEMVWXSEPPIZMEXIXLIIQIVKIRG]GSRHMXMSREX0ERHPSVHWI\TIRWIXLVSYKLEPMGIRWIHERHMRWYVIHGSRXVEGXSV8IRERXQYWXMQQIHMEXIP] RSXMJ]XLI0ERHPSVHMR[VMXMRKSJWYGLVITEMVW

8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RG

8LMW6IGSQQIRHIH*SVQMWXLITVSTIVX]SJ8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RGERHMWJSVYWIF]QIQFIVWSRP]

4VIZMSYWIHMXMSRWSJXLMWJSVQWLSYPHFIHIWXVS]IH

+'%%6*SVQz('6IWMHIRXMEP0IEWI	4EKISJ	1/2019
4VSHYGIH[MXL^MTSVQF]^MT0SKM\MJXIIR1MPI6SEH*VEWIV1MGLMKER[[[^MT0SKM\GSQ		123 EXAMPLE

98-0-8-)7

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

8IRERXEGORS[PIHKIWVIWTSRWMFMPMX]JSV □ EXIV □ +EW □ )PIGXVMG □X 3XLIV	All Individual Utilities

,)%8-2+3-0

*YIP3MPXERO[MPPFI □ JMPPIHSV □ QIEWYVIHTVMSVXS8IRERXSGGYTERG]MX[MPPXLIRFIGSQI8IRERXWVIWTSRWMFMPMX]XSPIEZIJYIPMR XERO □ JYPPSVLEZIMX □ QIEWYVIH YTSR XIVQMREXMSR SJ SGGYTERG] -J QIEWYVMRK QIXLSH MW IPIGXIH 0ERHPSVH%KIRX ERH 8IRERX EKVIIXSVIMQFYVWISVTE] SXLIVTEVX]JSVSZIVEKISVWLSVXEKI SJQIEWYVIHGSRXIRXWEXXIVQMREXMSRSJPIEWI8IRERXEKVIIWXSTYVGLEWI LIEXMRKSMPJVSQ

'SQTER]EX4LSRI EW0ERHPSVH%KIRXVIUYMVIWXLIWIVZMGIGSRXVEGXVIQEMRMRIJJIGX[MXLXLMWGSQTER]

713/)()8)'8367

% 0ERHPSVH%KIRX GIVXMJMIW XLEX 7QSOI (IXIGXSVW LEZI FIIR MRWXEPPIH ERH EVI MR TVSTIV [SVOMRK GSRHMXMSR MR EGGSVHERGI [MXL ETTPMGEFPIPE[TVMSVXS8IRERXW SGGYTERG]-XMW XLI VIWTSRWMFMPMX] SJ8IRERX XS GLIGO 7QSOI(IXIGXSVWTIVMSHMGEPP]HYVMRK XLI XIRERG]ERHVITPEGIFEXXIVMIWEWRIGIWWEV]XSOIITXLI7QSOI(IXIGXSVWMRTVSTIV[SVOMRKGSRHMXMSRERHXSVITSVXER]QEPJYRGXMSRW XS0ERHPSVH%KIRXMR[VMXMRK

& 0ERHPSVH%KIRXEWWYQIWRSVIWTSRWMFMPMX]SVPMEFMPMX]JSVER]RSRVITSVXIHQEPJYRGXMSRWXSSVQMWYWISJ7QSOI(IXIGXSVWF] XLI8IRERX[LMGLVIWYPXWMRMRNYV]SVHEQEKIXSTIVWSRWSVXSXLIPIEWIHTVIQMWIWERHXLI8IRERXWLEPPFIVIWTSRWMFPIJSVER]JMRIW F]ER]KSZIVRQIRXEPEKIRG]

' 8LMW VIWMHIRXMEP H[IPPMRK YRMX GSRXEMRW EPXIVREXMRK GYVVIRX %' IPIGXVMG WIVZMGI -R XLI IZIRX SJ E TS[IV SYXEKI ER EPXIVREXMRKGYVVIRX%' TS[IVIHWQSOIHIXIGXSV[MPPRSXTVSZMHIEREPEVQ8LIVIJSVIXLISGGYTERXQE][ERXXSSFXEMREHYEP TS[IVIHWQSOIHIXIGXSVSVEFEXXIV]TS[IVIHWQSOIHIXIGXSV

%08)6%8-327

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

8IRERXQE][MXLSYXXLITVMSV[VMXXIRTIVQMWWMSRSJXLI0ERHPSVH%KIRXMRWXEPPEVEHMSSVXIPIZMWMSRERXIRREIWYFWGVMTXMSRSVWEXIPPMXI HMWLIW SV TE] XIPIZMWMSR HIZMGIW ERH [MVMRK TVSZMHIH XLEX HMWLIW HS RSX I\GIIH QIXIV MR HMEQIXIV ERH XLEX XLI MRWXEPPEXMSR MW TIVJSVQIH MR E WEJI ERH WIGYVI QERRIV %TTPMGEFPI GSQQYRMX] VYPIW ERH VIKYPEXMSR ETTP] 8IRERX MW VIWTSRWMFPI JSV VITEMVMRK ER] HEQEKIGEYWIHF]XLIMRWXEPPEXMSRSVVIQSZEPSJWYGLHIZMGIW8IRERXMWI\TVIWWP]TVSLMFMXIHJVSQXLIVIQSZEPSJER]I\MWXMRK[MVMRK SVIUYMTQIRX[MXLSYX[VMXXIRGSRWIRXSJ0ERHPSVH%KIRX

:),-'0)4%6/-2+

2SYRPMGIRWIHHMWQERXPIHMRSTIVEFPIERHSV[VIGOIHQSXSVZILMGPIWMRGPYHMRKFYXRSXPMQMXIHXSEYXSQSFMPIWXVYGOWQSXSVG]GPIW XVEMPIVWSVSXLIVWYGLZILMGPIWWLEPPFITEVOIHSRXLITVSTIVX]%R]ZILMGPIEWHIWGVMFIHLIVIMRXLEXMWTEVOIHSRXLITVSTIVX]QYWXLEZI GYVVIRX PMGIRWI TPEXIW EXXEGLIH ERH WEMH ZILMGPIW QYWX FI MR STIVEFPI GSRHMXMSR 0MGIRWIH ZILMGPIW QE] FI TEVOIH SRP] MR KEVEKI HVMZI[E]W MJ TVSZMHIH SV SR XLI WXVIIX 2S ZILMGPIW WLEPP FI TEVOIH SV WXSVIH SR XLI KVEWW SV PE[R SJ XLI TVSTIVX] -R EHHMXMSR XLI VITEMVSVQEMRXIRERGISJER]ERHEPPQSXSVZILMGPIWMWTVSLMFMXIHSRSVMRJVSRXSJWEMHTVSTIVX]

8LIVI EPWS WLEPP FI RS TEVOMRK SV WXSVEKI SJ GSQQIVGMEP ZILMGPIW SR XLI TVSTIVX] EX ER] XMQI *SV XLI TYVTSWIW SJ XLMW PIEWI E GSQQIVGMEPZILMGPIMWHIWGVMFIHEWER]ZILMGPIXLEXMWMRI\GIWWSJTSYRHWQERYJEGXYVIVWKVSWWZILMGPI[IMKLXLEWPIXXIVMRKMR I\GIWWSJJSYV MRGLIWI\GIIHGYFMGJIIXSJPSEHWTEGILEWHYEPVIEVE\PIWERHSVEWXEOITPEXJSVQHYQTFIHGVERIXS[XVYGO SVVSPPFEGOFIH

%HHMXMSREPVIWXVMGXMSRWQE]ETTP]EWWXEXIHMRXLI6YPIWERH6IKYPEXMSRWSJER]ETTPMGEFPI'SQQSR3[RIVWLMT'SQQYRMX]

8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RG

8LMW6IGSQQIRHIH*SVQMWXLITVSTIVX]SJ8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RGERHMWJSVYWIF]QIQFIVWSRP]

4VIZMSYWIHMXMSRWSJXLMWJSVQWLSYPHFIHIWXVS]IH

+'%%6*SVQz('6IWMHIRXMEP0IEWI	4EKISJ	1/2019
4VSHYGIH[MXL^MTSVQF]^MT0SKM\MJXIIR1MPI6SEH*VEWIV1MGLMKER[[[^MT0SKM\GSQ		123 EXAMPLE

79&0)8%77-+21)28

8IRERXQYWXRSXEWWMKRXLMW0IEWISVWYFPIXXLITVIQMWIWSVER]TSVXMSRXLIVISJSVXVERWJIVTSWWIWWMSRSVSGGYTERG]XLIVISJXSER]SXLIV TIVWSRSVTIVWSRW[MXLSYXXLITVMSV[VMXXIRGSRWIRXSJXLI0ERHPSVH%KIRX[LMGLGSRWIRXQYWXRSXFIYRVIEWSREFP][MXLLIPHTVSZMHIH

XLEXXLITVSWTIGXMZIEWWMKRIISVWYFXIRERXWEXMWJMIWIWXEFPMWLIHWXERHEVHWWIXJSVXLF]0ERHPSVHJSVEPPTVSWTIGXMZIXIRERXWMRGPYHMRKFYX

RSXPMQMXIHXSEGVIHMXGLIGOVIRXEPERHIQTPS]QIRXVIJIVIRGIWERH8IRERXWTE]QIRXSJ 1,000.00WIVZMGIGLEVKI

[LMGL QYWX FI JEMV ERH VIEWSREFPI HIJVE]MRK 0ERHPSVHW I\TIRWIW MRGMHIRXEP XS TVSGIWWMRK XLI ETTPMGEXMSR JSV EWWMKRQIRX SV WYF XIRERG]-RXLIGEWISJWYFPIXXMRK8IRERXQE]FILIPHPMEFPIJSVER]FVIEGLSJXLMW0IEWIF]WYFXIRERX8LMWWIGXMSRHSIWRSXETTP]XS TVIQMWIWPSGEXIHMREGSQQSRS[RIVWLMTGSQQYRMX]XLEXPIKEPP]VIWXVMGXWSVTVSLMFMXWWYFPIXXMRKSVEWWMKRQIRXW

-2796%2')

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

,30(,%610)77

8IRERXQYWXMRHIQRMJ]ERHWEZI0ERHPSVH%KIRXLEVQPIWWJVSQER]ERHEPPPSWWGPEMQSVHEQEKIF]VIEWSRSJER]EGGMHIRXMRNYV]SV HEQEKI XS ER] TIVWSR SV TVSTIVX] SGGYVVMRK ER][LIVI SR SV EFSYX XLI PIEWIH TVIQMWIW [LMGL MW [MXLMR XLI I\GPYWMZI GSRXVSP SJ XLI 8IRERXYRPIWWHEQEKIMRNYV]SVEGGMHIRXMWGEYWIHF]0ERHPSVHW%KIRXWRIKPMKIRGISVZMSPEXMSRSJPE[*YVXLIV0ERHPSVH%KIRXMW RSXPMEFPIJSVER]PSWWSVHEQEKIXSTVSTIVX]SJ8IRERXGEYWIHF]ZIVQMRSVF]VEMRWXSVQ[EXIVSVWXIEQXLEXQE]PIEOMRXSSVJPS[ JVSQER]TEVXSJXLIWEMHTVIQMWIWSVJVSQER]WSYVGIYRPIWWXLIHEQEKIWEVIGEYWIHF]XLI0ERHPSVHWRIKPMKIRGISVZMSPEXMSRSJPE[

8IRERXMWIRXMXPIHXSTYVWYIEPPPIKEPERHIUYMXEFPIVIQIHMIWMRGPYHMRKVIMQFYVWIQIRXEKEMRWX0ERHPSVH%KIRXJSVER]PSWWWYWXEMRIHF] 8IRERXXLEXMWXLIVIWYPXSJ0ERHPSVHWRIKPMKIRGI

0%2(036(%+)28%'')77834634)68=


%	6SYXMRI )RXV] 0ERHPSVH%KIRX QE] IRXIV XLI TVIQMWIW EJXIV KMZMRK HYI RSXMGI XS XLI 8IRERX JSV M VSYXMRI MRWTIGXMSR
XSHIXIVQMRITVSTIVX]GSRHMXMSRMM QEOIRIGIWWEV]VITEMVWHIGSVEXMSRWEPXIVEXMSRWSVMQTVSZIQIRXWMMM WYTTP]WIVZMGIWSRP]F]
QYXYEPEKVIIQIRXHYVMRKRSVQEPFYWMRIWWLSYVWSVMZ I\LMFMXXLIH[IPPMRKYRMXXSTVSWTIGXMZITYVGLEWIVWQSVXKEKIIWSVXIRERXW
&	)QIVKIRG])RXV]0ERHPSVH%KIRXQE]IRXIVXLITVIQMWIWMQQIHMEXIP][MXLSYXRSXMGIXS8IRERXMRERIQIVKIRG]WMXYEXMSR
'	)RXV]XS4IVJSVQ6IUYIWXIH6ITEMVW%R]VIUYIWXJSVWIVZMGIJVSQ8IRERXMWGSRWXVYIHXSQIERXLEXTIVQMWWMSRXSIRXIVXLI
TVIQMWIWLEWFIIRKVERXIHJSVXLITYVTSWISJQEOMRKVIUYIWXIHVITEMVW
(	)RXV] JSV +SZIVRQIRXEP %KIRG] -RWTIGXMSR 0ERHPSVH%KIRX QE] IRXIV XLI TVIQMWIW EJXIV HYI RSXMGI XS XLI 8IRERX
[LIRXLI0ERHPSVHMWVIUYMVIHXSEPPS[EGGIWWXSXLIKSZIVRQIRXEKIRG]VIWTSRWMFPIJSVERMRWTIGXMSR
)	)RXV] JSV +SSH 'EYWI 0ERHPSVH%KIRX QE] IRXIV XLI TVIQMWIW EJXIV HYI RSXMGI XS XLI 8IRERX [LIR XLI 0ERHPSVH LEW
KSSHGEYWIXSFIPMIZIXLEXXLI8IRERXQE]LEZIFVIEGLIHXLIPIEWISVQE]FIMRZMSPEXMSRSJPSGEPSV*IHIVEPPE[
*	)RXV]JSV7LS[MRK4VSTIVX]8IRERX[MPPTIVQMX0ERHPSVHSV%KIRXXSTSWXE*SV6IRXWMKREPSRK[MXLE/I]&S\XSXLI
QEMR IRXVERGI JSV TVSWTIGXMZI XIRERXW ERH EKIRXW EGGIWW ERH XS WLS[ WEMH TVIQMWIW EX VIEWSREFPI LSYVW XS TVSWTIGXMZI XIRERXW
HYVMRKXLIPEWX		60	HE]WSJXLIXIVQLIVIMR-J XLI TVIQMWI MWTYX SRXLIQEVOIX JSVWEPIHYVMRKXLIXIRERG]

8IRERX[MPPTIVQMX0ERHPSVHSV%KIRXXSTSWXE*SV7EPIWMKRE/I]&S\ERHTIVQMWWMSRXSWLS[-J8IRERXVIJYWIWXSEPPS[ EGGIWWXS0ERHPSVHSV%KIRXEWTVSZMHIHEFSZIWYGLVIJYWEPWLEPPFIEFVIEGLSJXLMW0IEWIERH0ERHPSVHQE]SFXEMRMRNYRGXMZI VIPMIJXSGSQTIPEGGIWWSVQE]XIVQMREXIXLMW0IEWIERHFVMRKEREGXMSRJSVTSWWIWWMSRERHHEQEKIWWYWXEMRIHMRGPYHMRKVIPIXXMRK GSWXW

()*%908

% -R XLI IZIRX SJ ER] HIJEYPX I\GITX XLI JEMPYVI XS TE] VIRX ERH PEXI GLEVKIW SV MJ XLI 0ERHPSVH%KIRX HIIQW XLI XIRERG] SJXLI8IRERXYRHIWMVEFPIF]VIEWSRSJSFNIGXMSREFPISVMQTVSTIVGSRHYGXF]XLI8IRERXSV8IRERXWJEQMP]KYIWXWSVIQTPS]IIW XLEXGEYWIWERRS]ERGIXSRIMKLFSVWSVWLSYPHXLI8IRERXSGGYT]XLITVIQMWIWMRZMSPEXMSRSJER]VYPIVIKYPEXMSRSVSVHMRERGIWSJ XLI0ERHPSVH%KIRXER]'SQQSR3[RIVWLMTGSQQYRMX]ER]KSZIVRQIRXEPVIRXEPEYXLSVMX]SVER]JIHIVEPSVPSGEPPE[XLIRXLI 0ERHPSVH%KIRXLEWXLIVMKLXXSKMZIXLI8IRERXTIVWSREPP]SVF]WIRHMRKZMEJMVWXGPEWWQEMPEXLMVX] HE][VMXXIRRSXMGIXSGYVI SVUYMXXLITVIQMWIWXLEXMRGPYHIWXLIFEWMWJSVWEMHRSXMJMGEXMSR

8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RG

8LMW6IGSQQIRHIH*SVQMWXLITVSTIVX]SJ8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RGERHMWJSVYWIF]QIQFIVWSRP]

4VIZMSYWIHMXMSRWSJXLMWJSVQWLSYPHFIHIWXVS]IH

+'%%6*SVQz('6IWMHIRXMEP0IEWI	4EKISJ	1/2019
4VSHYGIH[MXL^MTSVQF]^MT0SKM\MJXIIR1MPI6SEH*VEWIV1MGLMKER[[[^MT0SKM\GSQ		123 EXAMPLE

& *EMPYVI XS TE] VIRX ERH PEXI GLEVKIW EW WTIGMJMIH LIVIMR [MPP GSRWXMXYXI E HIJEYPX -R XLI IZIRX SJ WYGL HIJEYPX XLI 0ERHPSVH%KIRXQE]YWIER]VIQIH]EZEMPEFPIYRHIVXLMW0IEWIERHSVETTPMGEFPIPE[MRGPYHMRKJMPMRKE[VMXXIR'SQTPEMRXMRXLI (MWXVMGXSJ'SPYQFME0ERHPSVH8IRERX'SYVXJSV*EMPYVIXS4E]6IRX 0ERHPSVHW'SQTPEMRXJSV6ITSWWIWWMSRSJ6IRXIH4VSTIVX] 8)2%28 ,)6)&= )<46)770= ;%-:)7 %2= 238-') 83 59-8 36 238-') 83 :%'%8) -2 8,) ):)28 79', 8)61-2%8-32-7*362324%=1)283*6)28

' 8IRERXEGXMSRXSTVIZIRXIRXV]EJXIVHYEPP]EYXLSVM^IHRSXMGIWLEPPGSRWXMXYXIEHIJEYPX

&%2/6948'=3*8)2%28

-J8IRERXZMSPEXIWER]SJXLITVSZMWMSRWSJXLMWPIEWISVER]SJXLIVYPIWERHVIKYPEXMSRWMQTSWIHF]0ERHPSVHSVMJER]FEROVYTXG]SV MRWSPZIRG] TVSGIIHMRKW EVI JMPIH F] SV EKEMRWX 8IRERXSV E VIGIMZIV SV XVYWXII MW ETTSMRXIH JSV LMW TVSTIVX] SV MJ XLI TVIQMWIW EVI ZEGEXIHSVEFERHSRIH0ERHPSVHWLEPPFIIRXMXPIHXSEZEMPLMQWIPJSJEPPVMKLXWERHVIQIHMIWXS[LMGLLIQE]FIIRXMXPIHIMXLIVF]PE[ SV MR IUYMX] MRGPYHMRK FYX RSX PMQMXIH XS XLI VMKLX XS XIVQMREXI XLMW PIEWI ERH VIGSZIV TSWWIWWMSR 0ERHPSVH%KIRX WLEPP EPWS FI IRXMXPIH XS VIGSZIV VIEWSREFPI EXXSVRI]W JIIW ERH GSWXW EW EPPS[IH F] PE[ 0ERHPSVHW [EMZIV SJ SRI HIJEYPX F] 8IRERX WLEPP RSX FI GSRWMHIVIHXSFIE[EMZIVSJER]WYFWIUYIRXHIJEYPX8IRERX[EMZIWXLIFIRIJMXSJER]I\IQTXMSRYRHIVXLILSQIWXIEHFEROVYTXG] ERH ER] SXLIV MRWSPZIRG] PE[ EW XS LMW SFPMKEXMSRW MR XLMW PIEWI -R XLI IZIRX XLI 8IRERX MW EHNYHMGEXIH FEROVYTX SV QEOIW ER EWWMKRQIRXJSVXLIFIRIJMXSJGVIHMXSVW XLMW0IEWIEXXLISTXMSRSJXLI0ERHPSVHWLEPPXIVQMREXIYTSRHE]W[VMXXIRRSXMGIERHXLI TVIQMWIWWLEPPFIWYVVIRHIVIHXSXLI0ERHPSVH[LSVIWIVZIWXLIVMKLXXSVITSWWIWWXLITVIQMWIW8LMWTVSZMWMSRSJXLMWTEVEKVETLWLEPP WYVZMZIXLIXIVQMREXMSRSJXLMWPIEWI

'3968% %6()(0)+%0*))7

-R ER EGXMSR F] XLI 0ERHPSVH XS VIGSZIV TSWWIWWMSR SJ XLI PIEWIH TVIQMWIW MRGPYHMRK E RSRTE]QIRX SJ VIRX EGXMSR XLI 8IRERX MW SFPMKEXIH XS TE] EGXYEP GSYVX GSWXW E[EVHIH F] XLI GSYVX ERH XS TE] ER] SXLIV PIKEP GSWXW SV EXXSVRI] JIIW E[EVHIH F] E GSYVX -J VIEWSREFPIEXXSVRI]WJIIWEVIE[EVHIHF]XLI'SYVXMRE*EMPYVIXS4E]6IRXEGXMSRXLIEXXSVRI]WJIIWEVIRSXTEVXSJXLIXIRERXWVIRX ERHRIIHRSXFITEMHXSVIHIIQXLITVIQMWIW-JXLIXIRERXMWXLITVIZEMPMRKTEVX]XLIPERHPSVHMWSFPMKEXIHXSTE]XLIXIRERXWEXXSVRI]W JIIWERHGSWXWEWE[EVHIHF]XLIGSYVX

6)8%0-%836=):-'8-32

% 2S VIXEPMEXSV] EGXMSR [MPP FI XEOIR F] XLI 0ERHPSVH%KIRX JSV ER] GSQTPEMRXW QEHI F] XLI 8IRERX XS ER] TYFPMG EKIRG] SVJSVER]PE[WYMXJMPIHF]XLIXIRERXEKEMRWXXLIPERHPSVHEKIRXSVER]SXLIVEXXIQTXWF]8IRERXXSIRJSVGIXLIXIVQWSJXLMW0IEWI

SVETTPMGEFPIPE[WMRGPYHMRKQIQFIVWLMTMREXIRERXWEWWSGMEXMSR

& 8LI 0ERHPSVH QYWX RSX EGXYEPP] SV GSRWXVYGXMZIP] IZMGX SV EXXIQTX XS IZMGX E 8IRERX JVSQ SV HIR] E XIRERX EGGIWW XS XLI H[IPPMRKYRMXSGGYTMIHF]XLI8IRERX[MXLSYXJSPPS[MRKXLINYHMGMEPTVSGIWWEYXLSVM^IHMRXLI(MWXVMGXSJ'SPYQFMEPE[XSSFXEMR TSWWIWWMSRSJXLIH[IPPMRKYRMX

%-:)6'0%97)

%R][EMZIVSJEHIJEYPXLIVIYRHIVMWRSXXSFIHIIQIHE[EMZIVSJXLMW%KVIIQIRXSVER]WYFWIUYIRXHIJEYPX%GUYMIWGIRGIMREHIJEYPX WLEPPRSXSTIVEXIEWE[EMZIVSJWYGLHIJEYPXIZIRXLSYKLWYGLEGUYMIWGIRGIGSRXMRYIWJSVERI\XIRHIHTIVMSHSJXMQI

8)61-2%8-32,30(3:)6%2(238-')83:%'%8)

% 8IRERX QE] XIVQMREXI XLMW 0IEWI EX XLI I\TMVEXMSR SJ WEMH 0IEWI SV ER] I\XIRWMSR XLIVISJ F] KMZMRK XLI 0ERHPSVH%KIRX [VMXXIRRSXMGISJXIVQMREXMSRTVMSVXSXLII\TMVEXMSRSJXLI8IVQWYGLRSXMGIQYWXIRGSQTEWWJYPPVIRXEPTIVMSHW

& -J8IRERXWLEPPLSPHSZIVEJXIVXLII\TMVEXMSRSJXLIXIVQSJXLMW0IEWIXIRERXWLEPPMRXLIEFWIRGISJER][VMXXIREKVIIQIRX XSXLIGSRXVEV]FIE8IRERXJVSQQSRXLXSQSRXLEXXLIQSRXLP]VEXIMRIJJIGXHYVMRKXLIPEWXQSRXLSJXLII\TMVMRKXIVQ%PPSXLIV

XIVQWERHTVSZMWMSRWSJXLMW0IEWIWLEPPVIQEMRMRJYPPJSVGIERHIJJIGX8IRERXWLEPPRSXKMZIPIWWXLER			60	HE]W [VMXXIR
RSXMGI XSZEGEXIXS GSMRGMHI [MXL XLI IRHHEXI SJ XLI 0IEWI%KVIIQIRX SV ER]I\XIRWMSRXLIVISJ 7EMHRSXMGI QYWX FIVIGIMZIH
F] %KIRX MJ %KIRX MW QEREKMRK XLI TVSTIVX] SV F] 0ERHPSVH MJ 0ERHPSVH MW QEREKMRK TVSTIVX] F] XLI JMVWX HE] SJ XLI QSRXL
SJ[LMGLXLI8IRERXMWXSZEGEXI	30	HE]WPEXIV

' 0ERHPSVHQE]KMZI8IRERXRMRIX] HE]WRSXMGIJSV4IVWSREP9WIERH3GGYTERG]TYVWYERXXSWIGXMSR( SJXLI(MWXVMGX SJ'SPYQFME6IRXEP,SYWMRK%GXSJEWEQIRHIH%GX GSHMJMIHEW('3**-'-%0'3()H 7YTT 8LMWRSXMGIQYWXFIKMZIRRMRIX] HE]WTVMSVXSXLIXIVQMREXMSRSJWEMHPIEWI0ERHPSVHWLEPPRSXVIGIMZIVIRXJSVWEMH6IRXEP 9RMX[LMGLXLI,SYWMRK4VSZMHIVLEWVITSWWIWWIHYRHIVXLMWWYFWIGXMSRHYVMRKXLIX[IPZI QSRXLTIVMSHFIKMRRMRKSRXLIHEXI LI[MPPVIGSZIVTSWWIWWMSRSJWEMH6IRXEP9RMX

( *EMPYVI XS ZEGEXI XLI TVIQMWIW EJXIV TVSTIV RSXMGI JVSQ 0ERHPSVH%KIRX QE] VIWYPX MR XLI 8IRERX FIMRK LIPH EGGSYRXEFPI JSVVIRXJSVXLITIVMSHSJXLILSPHSZIVERHJSVGSRWIUYIRXMEPHEQEKIWFIGEYWISJ8IRERXWLSPHSZIVSGGYTERG]8LMWPIEWIWLEPP

WIVZIEWRSXMGISJEVIRXMRGVIEWISJ 150.000		SJXLIPEWXVIRXGLEVKIHMJ8IRERXLSPHWSZIVEJXIVTVSTIVRSXMGI

	8IRERXW-RMXMEPW		8IRERXW-RMXMEPW

8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RG

8LMW6IGSQQIRHIH*SVQMWXLITVSTIVX]SJ8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RGERHMWJSVYWIF]QIQFIVWSRP]

4VIZMSYWIHMXMSRWSJXLMWJSVQWLSYPHFIHIWXVS]IH

+'%%6*SVQz('6IWMHIRXMEP0IEWI	4EKISJ	1/2019
4VSHYGIH[MXL^MTSVQF]^MT0SKM\MJXIIR1MPI6SEH*VEWIV1MGLMKER[[[^MT0SKM\GSQ		123 EXAMPLE

13:)398-274)'8-327966)2()63*46)1-7)7

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

& 8IRERX LEWXLIVMKLXXS FITVIWIRX EX XLI XMQI SJ MRWTIGXMSRMJ 8IRERX RSXMJMIW 0ERHPSVHF] GIVXMJMIHQEMPEXPIEWXJMJXIIR HE]W TVMSV XS 8IRERXW HEXI SJ QSZMRK SJ 8IRERXW MRXIRXMSR XS QSZI HEXI SJ QSZMRK ERH RI[ EHHVIWW 9TSR VIGIMTX SJ RSXMGI 0ERHPSVH%KIRXWLEPPTVSZMHI[VMXXIRRSXMJMGEXMSRXS8IRERXXIR HE]WMREHZERGISJXLIXMQIERHHEXI[LIRXLITVIQMWIWEVIXS FI MRWTIGXIH 8LI MRWTIGXMSR HEXI WLEPP SGGYV [MXLMR XLVII FYWMRIWW HE]W FIJSVI SV EJXIV XLI HEXI SJ MRXIRHIH QSZMRK EW HIWMKREXIHMR8IRERXWRSXMGI

%&%2(32)(4)6732%04634)68=

%R] TIVWSREP TVSTIVX] [LMGL MW PIJX SR XLI TVIQMWIW EJXIV XIVQMREXMSR SJ XLI XIRERG] WLEPP FI GSRWMHIVIH XS FI EFERHSRIH ERH 0ERHPSVH%KIRXQE]HMWTSWISJMXEX8IRERXWI\TIRWI0ERHPSVH%KIRXWLEPPRSXFIPMEFPIXS8IRERXSVER]SXLIVTIVWSRJSVXLIPSWWSJ TVSTIVX]WSEFERHSRIH

()7869'8-32

-JXLITVIQMWIWEVIVIRHIVIHXSXEPP]YRJMXJSVSGGYTERG]F]JMVIEGXSJ+SHEGXSJVMSXIVWSVTYFPMGIRIQMIWSVEGGMHIRXXLIXIVQSJXLMW 0IEWIWLEPPMQQIHMEXIP]GIEWIYTSRXLITE]QIRXSJVIRXETTSVXMSRIHXSXLIHE]SJWYGLLETTIRMRK-JLS[IZIVXLITVIQMWIWEVISRP] TEVXMEPP]HIWXVS]IHSVHEQEKIHERH0ERHPSVHHIGMHIWXSVITEMVXLIWEQIWYGLVITEMVWWLEPPFIQEHIF]0ERHPSVH[MXLSYXYRVIEWSREFPI HIPE]8IRERXQE]FIIRXMXPIHXSEVIHYGIHVIRX[LMPIVITEMVWEVIFIMRKQEHI

79&36(-2%8-32

8LMW0IEWIMWERH[MPPFIWYFNIGXERHWYFSVHMREXIEXEPPXMQIWXSXLIPMIRSJER]QSVXKEKIW SVHIIHW SJXVYWXRS[SVLIVIEJXIVGSZIVMRK XLIHIQMWIHTVIQMWIWERHXSEPPVIRI[EPWQSHMJMGEXMSRWGSRWSPMHEXMSRWVITPEGIQIRXWERHSVI\XIRWMSRWXLIVISJ

)78344)0')68-*-'%8)

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

%+)2'=

8LI3[RIVVIGSKRM^IW&VSOIVEKI Peabody Residential (Peabody Real Estate, LLC) EWXLI%KIRX RIKSXMEXMRKXLMW0IEWIERHEKVIIWXSTE]EPIEWMRKJIITYVWYERXXSEWITEVEXIEKVIIQIRX8LI3[RIVLIVIF]EYXLSVM^IWXLI%KIRXXS HIHYGXXLIWEMHJIIJVSQXLITVSGIIHWSJVIRXEPWVIGIMZIHF]XLI%KIRX

1%2%+)1)28

8LIWITVIQMWIW[MPPFIQEREKIHF] Peabody Residential (Peabody Real Estate, LLC) 3[RIV %KIRX -R XLIIZIRX%KIRXMWEGXMRKMRXLIGETEGMX]SJVIRXEPEKIRXWSPIP]XSTVSGYVIE8IRERXMXMWYRHIVWXSSHXLEXEPPTE]QIRXWLIVIYRHIVQEHIXS %KIRX[MPPFIXVERWJIVVIHXS3[RIVERHXLEX%KIRXMWEGXMRKEWEGSRHYMXSJJYRHW%GGSVHMRKP]3[RIVERH8IRERXEKVIIXLEX%KIRXMW RSXPMEFPISVVIWTSRWMFPIJSVXLIJYRHWEJXIVXLI]EVIXVERWJIVVIHXS3[RIV3[RIVQYWXEFMHIF]EPPTVSZMWMSRWSJ7IGYVMX](ITSWMX0E[ MRXLI(MWXVMGXSJ'SPYQFME8IRERXERH3[RIVEKVIIXLEX%KIRXMWRSXPMEFPIJSVER]ZMSPEXMSRWSVFVIEGLF]3[RIVSV8IRERXSJXLI XIVQWSJXLMW0IEWISVETTPMGEFPIPE[W

%98,36->%8-3283-278%00/)=&3<

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

8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RG

8LMW6IGSQQIRHIH*SVQMWXLITVSTIVX]SJ8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RGERHMWJSVYWIF]QIQFIVWSRP]

4VIZMSYWIHMXMSRWSJXLMWJSVQWLSYPHFIHIWXVS]IH

+'%%6*SVQz('6IWMHIRXMEP0IEWI	4EKISJ	1/2019
4VSHYGIH[MXL^MTSVQF]^MT0SKM\MJXIIR1MPI6SEH*VEWIV1MGLMKER[[[^MT0SKM\GSQ		123 EXAMPLE

WEMH0ERHPSVH%KIRXERHMXWFVSOIVWWEPIWTISTPIGSSTIVEXMRKFVSOIVWEKIRXWXLI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367 -RG ERH EPP EFSZI TEVXMIW JVSQ ER] ERH EPP GPEMQ PSWW SV PMEFMPMX] EVMWMRK JVSQ XLI YWI SJ WEMH /I]&S\ YRPIWW SGGEWMSRIH F] XLI RIKPMKIRXSQMWWMSRGSQQMWWMSRJEYPXSVSXLIVQMWGSRHYGXSVZMSPEXMSRSJPE[EWHIXIVQMRIHF]EGSYVXSJPE[

1-0-8%6=(-4031%8-''0%97)

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

-J0ERHPSVHSVWTSYWIMWSVLIVIEJXIVFIGSQIWEQIQFIVSJXLI9RMXIH7XEXIW%VQIH*SVGIW977XEXI(ITEVXQIRX97%-(SVER] SXLIV*IHIVEP+SZIVRQIRX%KIRG]SRI\XIRHIHEGXMZIHYX]ERHMWXVERWJIVVIHYRHIV47'8VERWJIVSVHIVWSVMWVIPIEWIHSVVIXMVIHJVSQ EGXMZIHYX]ERHMWVIXYVRMRKXSXLIH[IPPMRKYRMXHYVMRKXLI0IEWIXIVQLIWLIQE]XIVQMREXIXLI0IEWIF]KMZMRKXLI8IRERXRMRIX] HE]W[VMXXIRRSXMGITYVWYERXXSXLI(MWXVMGXSJ'SPYQFME1YRMGMTEP6IKYPEXMSRW8MXPI

□ %TTPMGERXMW1MPMXEV](MTPSQEX

□ 0ERHPSVHMW1MPMXEV](MTPSQEX

238-')7

%PPRSXMGIWVIUYMVIHSVTIVQMXXIHLIVIMRWLEPPFIMR[VMXMRKERHIJJIGXMZIEWSJXLIHEXISR[LMGLWYGLRSXMGIMWQEMPIHMRER]9RMXIH 7XEXIW4SWX3JJMGIF]JMVWXGPEWWQEMPTSWXEKITVITEMHSVLERHHIPMZIVIHXSXLI8IRERXEXXLITVIQMWIWEHHVIWWXSXLI%KIRXSV0ERHPSVH EXXLIEHHVIWWIWHIWMKREXIHLIVIMRSVXSWYGLEHHVIWWIWEWXLITEVXMIWQE]HIWMKREXIMR[VMXMRKJVSQXMQIXSXMQI

6)')-487

0ERHPSVH%KIRXEKVIIWXSTVSZMHIXSXLI8IRERXE[VMXXIRVIGIMTXJSVTE]QIRXWSJVIRXMRGPYHMRKVIQEMRMRKYRTEMHFEPERGIMJXLI8IRERX TE]W[MXLGEWLSVEQSRI]SVHIV

1-7')00%2)397

% 8IRERXEGORS[PIHKIWXLEXMJVIUYIWXIH8IRERXHMHVIGIMZITVMSVXSXLMW0IEWII\IGYXMSREGST]SJXLITVSTSWIHJSVQSJ0IEWI MR [VMXMRK GSQTPIXI MR IZIV] QEXIVMEP HIXEMP I\GITX JSV XLI HEXI XLI REQI ERH EHHVIWW SJ XLI XIRERX XLI HIWMKREXMSR SJ XLI TVIQMWIWERHXLIVIRXEPVEXI[MXLSYXVIUYMVMRKI\IGYXMSRSJXLI0IEWISVER]TVMSVHITSWMX

& -JXLMW0IEWIGSRXEMRWE0IEWI3TXMSR%KVIIQIRXXLIPIEWIQYWXWXEXISRMXWJEGI8,-7-7238%'3286%'883&9=

' 8LIGSRHMXMSRWERHEKVIIQIRXWGSRXEMRIHLIVIMREVIFMRHMRKSRERHEVIPIKEPP]IRJSVGIEFPIF]XLITEVXMIWLIVIXSXLIMVLIMVW TIVWSREP VITVIWIRXEXMZIW I\IGYXSVW EHQMRMWXVEXSVW WYGGIWWSVW ERH EWWMKRW VIWTIGXMZIP] ERH RS [EMZIV SJ ER] FVIEGL SJ ER]

GSRHMXMSRSVEKVIIQIRXGSRXEMRIHLIVIMR[MPPFIGSRWXVYIHXSFIE[EMZIVSJXLIGSRHMXMSRSVEKVIIQIRXSJER]WYFWIUYIRXFVIEGL XLIVISJSVSJXLMWPIEWI

( 8IRERXEGORS[PIHKIWXLEXXLIWXEXIQIRXWERHVITVIWIRXEXMSRWQEHIMRXLIWMKRIHETTPMGEXMSRJSVWEMHTVIQMWIWEVIXVYIXLEXWEMH WXEXIQIRXWLEZIMRHYGIH0ERHPSVH%KIRXXSIRXIVMRXSXLMW0IEWIXLEXXLI]EVIHIIQIHETEVXSJXLMW0IEWIERHXLEXXLIJEPWMX]SJ ER]SJXLIQ GSRWXMXYXIWEFVIEGLLIVISJERHIRXMXPIWXLI0ERHPSVH%KIRXXSXLIWEQIVIPMIJEWEFVIEGLSJER]SXLIVGSZIRERXSV GSRHMXMSRGSRXEMRIHLIVIMR

) 8LMW0IEWIGSRXEMRWXLIJMREPERHIRXMVIEKVIIQIRXFIX[IIRXLITEVXMIWLIVIXSERHRIMXLIVXLI]RSVXLIMVEKIRXWEVIFSYRHF] ER]XIVQWGSRHMXMSRWWXEXIQIRXW[EVVERXMIWSVVITVIWIRXEXMSRWSVEPSV[VMXXIRRSXLIVIMRGSRXEMRIH8LMW0IEWI%KVIIQIRXLEW FIIRI\IGYXIHMRHYTPMGEXIERHXLI8IRERXEGORS[PIHKIWXLEXEGST]XLIVISJ[EWHIPMZIVIHXSLMQEXXLIXMQIXLI0IEWI[EWJYPP] I\IGYXIH

* -XMWYRHIVWXSSHERHEKVIIHF]XLITEVXMIWLIVIXSXLEXMJER]TEVXXIVQSVTVSZMWMSRSJXLMW0IEWIMWF]XLI'SYVXWLIPHXSFI MPPIKEPSVMRGSRJPMGX[MXLER]PE[SJXLIWXEXISVGSYRX][LIVIQEHIXLIZEPMHMX]SJXLIVIQEMRMRKTSVXMSRWSVTVSZMWMSRWEVIRSX EJJIGXIHERHXLIVMKLXWERHSFPMKEXMSRWSJXLITEVXMIW[MPPFIGSRWXVYIHERHIRJSVGIHEWMJXLIGSRXVEGXHMHRSXGSRXEMRXLITEVXMGYPEV TEVXXIVQSVTVSZMWMSRLIPHXSFIMRZEPMH

8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RG

8LMW6IGSQQIRHIH*SVQMWXLITVSTIVX]SJ8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RGERHMWJSVYWIF]QIQFIVWSRP]

4VIZMSYWIHMXMSRWSJXLMWJSVQWLSYPHFIHIWXVS]IH

+'%%6*SVQz('6IWMHIRXMEP0IEWI	4EKISJ	1/2019
4VSHYGIH[MXL^MTSVQF]^MT0SKM\MJXIIR1MPI6SEH*VEWIV1MGLMKER[[[^MT0SKM\GSQ		123 EXAMPLE

+ 4PYVEP GER FI WYFWXMXYXIH JSV XLI WMRKYPEV RYQFIV MR ER] TPEGI SV TPEGIW LIVIMR MR [LMGL XLI GSRXI\X QE] VIUYMVI WYGL WYFWXMXYXMSR8IRERXI\TVIWWP][EVVERXWXLEXXLI8IRERXMWSJPIKEPEKIERHEGORS[PIHKIWXLEXXLMW[EVVERX]MWFIMRKQEHIJSVXLI TYVTSWISJMRHYGMRK0ERHPSVH%KIRXXSPIEWIXLITVIQMWIWEJSVIQIRXMSRIH

, 8LITEVEKVETLLIEHMRKWETTIEVMRKMRXLMW0IEWILEZIFIIRMRWIVXIHJSVXLITYVTSWISJGSRZIRMIRGIERHVIEH]VIJIVIRGISRP] 8LI] HS RSX TYVTSVX XS ERH WLEPP RSX FI HIIQIH XS HIJMRI PMQMX SV I\XIRH XLI WGSTI SV MRXIRX SJ XLI TEVEKVETLW XS [LMGL XLI]

ETTIVXEMR

- -J 8IRERX MW MREHZIVXIRXP] PSGOIH SYX 8IRERX EKVIIW XS GEPP E PMGIRWIH PSGOWQMXL XS TVSZMHI EGGIWW XS XLI TVSTIVX] -J E TVSJIWWMSREP PSGOWQMXL MW RIGIWWEV] 8IRERX EKVIIW XS TE] ER] GLEVKIW MRGYVVIH EX XLI XMQI EGGIWW MW KMZIR -J XLI PSGO QYWX FI VIOI]IH8IRERXEKVIIWXSTVSZMHIXLIRI[OI]XSXLI0ERHPSVHSV%KIRX[LMGLIZIVMWQEREKMRKXLITVSTIVX][MXLMRLSYVW

)1)6+)2'=291&)6

-R XLI IZIRX SJ ER IQIVKIRG] EJJIGXMRK XLI LIEPXL WEJIX] SV [IPJEVI SJ XLI 8IRERX SV ER] TVSTIVX] XLIVISJ XLI 8IRERX QE] GSRXEGX

XLI0ERHPSVHSVMXWEKIRXEXER]XMQIF]GEPPMRKXLIJSPPS[MRKIQIVKIRG]RYQFIV (703)436-6964 Ext 107

0)%(4%-28

,SYWMRKFYMPXFIJSVIQE]GSRXEMRPIEHFEWIHTEMRX0IEHJVSQTEMRXTEMRXGLMTWERHHYWXGERTSWILIEPXLLE^EVHWMJRSXXEOIR GEVI SJ TVSTIVP] 0IEH I\TSWYVI MW IWTIGMEPP] LEVQJYP XS ]SYRK GLMPHVIR ERH TVIKRERX [SQIR &IJSVI VIRXMRK TVI LSYWMRK PERHPSVHW QYWX HMWGPSWI XLI TVIWIRGI SJ ORS[R PIEHFEWIH TEMRX ERH PIEHFEWIH TEMRX LE^EVHW MR XLI H[IPPMRK 8IRERXW QYWX EPWS VIGIMZIE*IHIVEPP]ETTVSZIHTEQTLPIXSRPIEHTSMWSRMRKTVIZIRXMSR

0%2(036(6)59-6)1)28792()6,397-2+6)+90%8-3273*('

8IRERXEGORS[PIHKIWVIGIMTXJVSQ0ERHPSVH%KIRXSJEGST]SJXLIJSPPS[MRKTVSZMWMSRWSJXLI,SYWMRK6IKYPEXMSRWSJXLI(MWXVMGXSJ 'SPYQFME'LETXIV7IGXMSRERH7IGXMSR%R]GPEYWISVGSZIRERXGSRXEMRIHMRXLMWEKVIIQIRXRSXMREGGSVHERGI[MXLXLI EQIRHIH(',SYWMRK6IKYPEXMSRWWLEPPFIGSRWMHIVIHRYPPERHZSMH6IRXQE]RSXFIMRGVIEWIHQSVIXLERSRGITIVX[IPZI QSRXL TIVMSHJSVTVSTIVXMIWRSXI\IQTXJVSQVIRXGSRXVSP

□ % 8LMWTVSTIVX]MWI\IQTXJVSQVIRXGSRXVSP
)\IQTXMSRRYQFIV
&&0RYQFIV
□ & 8LMWTVSTIVX]MWYRHIVVIRXGSRXVSP
)\IQTXMSRRYQFIV
&&0RYQFIV
	8IRERXW-RMXMEPW	8IRERXW-RMXMEPW

%((-8-32%0463:-7-327*YVXLIV4VSZMWMSRWERH%HHMXMSRW

The Peabody Residential Tenant Handbook shall be considered an addendum to this lease.

8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RG

8LMW6IGSQQIRHIH*SVQMWXLITVSTIVX]SJ8LI+VIEXIV'ETMXEP%VIE%WWSGMEXMSRSJ6)%08367-RGERHMWJSVYWIF]QIQFIVWSRP]

	4VIZMSYWIHMXMSRWSJXLMWJSVQWLSYPHFIHIWXVS]IH	1/2019
+'%%6*SVQz('6IWMHIRXMEP0IEWI	4EKISJ	1/2019
4VSHYGIH[MXL^MTSVQF]^MT0SKM\MJXIIR1MPI6SEH*VEWIV1MGLMKER[[[^MT0SKM\GSQ		123 EXAMPLE

Free Washington Dc Residential Lease Agreement

File Overview

Fact Name	Description
Governing Law	This lease agreement is governed by the laws of Washington, D.C., specifically the Housing Regulations of the District of Columbia.
Joint Liability	Each tenant named in the agreement is jointly and severally liable for the rent and obligations under the lease.
Rent Payment Terms	Rent is due on the first day of each month, and failure to pay can result in penalties or legal action.
Security Deposit	The security deposit cannot exceed the amount of the first month's rent and is subject to D.C. housing laws regarding its return and conditions for withholding.
Late Fees	A late fee of 5% of the monthly rent applies if rent is not paid within five days of the due date, and this late fee must be paid with the overdue rent.
Possession Clause	If the landlord cannot provide possession of the premises at the start of the lease term, the tenant is not responsible for rent during the delay.

Guidelines on Writing Washington Dc Residential Lease Agreement

After obtaining the Washington DC Residential Lease Agreement form, it's important to fill it out accurately to ensure both parties are clear on the terms of the lease. Follow these steps to complete the form properly.

Identify the Parties: Fill in the full name of the landlord or agent and the tenant. Ensure the correct spelling and include any titles or roles.
Specify the Premises: Enter the address of the leased premises. Be precise to avoid any confusion about the property location.
Set the Lease Term: Indicate the start date and end date of the lease. Clearly state the duration of the lease period.
Detail Rent Amount: Write the total monthly rent amount and ensure it matches with any previously discussed terms.
Payment Terms: State when the rent is due each month, typically on the first day. Specify the payment method, such as money order or certified check.
Include Security Deposit: Indicate the amount of the security deposit being collected, not to exceed the first full month's rent.
Understand Liabilities: Acknowledge that all tenants share joint liability under the lease terms. This holds everyone responsible for rent and compliance with the lease.
Signatures: Both the landlord and tenant must sign and date the lease. Ensure that all pages are initialed, if required.

After completing the form, make sure that both parties retain a copy for their records. This ensures transparency and legal protection throughout the rental period.

Frequently Asked Questions

What is the Washington DC Residential Lease Agreement?
The Washington DC Residential Lease Agreement is a legal document between a landlord and tenant that outlines the terms of renting a residential property. This agreement specifies details such as the rental amount, duration of the lease, and the responsibilities of both parties. It ensures both landlord and tenant understand their rights and obligations regarding the rental of the property.
How is rent structured in this lease?
Rent is typically paid in equal monthly installments, with the full amount due on the first day of each month. Tenants must pay one full month’s rent before moving in. If the lease starts mid-month, the rent for that partial month will be calculated proportionally. It's crucial to pay on time, as late payments can incur additional charges.
What happens if the rent payment is late?
If rent is not paid within five days of the due date, a late fee of 5% of the monthly rent is applied. This late charge must be paid along with the overdue rent. It's important to note that the late fee is not considered a grace period, and tenants should strive to pay rent on or before the due date to avoid these additional costs.
What is a security deposit and how is it handled?
A security deposit is a sum of money held by the landlord to ensure the tenant fulfills their lease obligations, not exceeding the first month's rent. After the lease ends, the landlord has 45 days to return the deposit or provide a written notice if they intend to withhold any part of it. Tenants can expect an itemized list of deductions if the deposit is held for damages or unpaid rent.
Can tenants use their security deposit to pay rent?
No, tenants should not use their security deposit to cover rent payments. The deposit is intended only for damages or breaches of the lease agreement, and utilizing it for rent is not permitted under the lease terms.
What happens if the landlord can't provide possession of the property?
If the landlord is unable to give the tenant access to the property at the start of the lease, the landlord must make reasonable efforts to secure possession. In this circumstance, the tenant will not be responsible for rent until the property is made available for occupancy.
Are tenants liable for damages caused during the lease?
Yes, tenants are responsible for maintaining the rented property and adhering to the lease terms. If any damages occur due to a tenant's negligence, those costs can be deducted from the security deposit or billed to the tenant, depending on the circumstances.
How are disputes resolved under this lease?
The lease typically provides specific procedures for handling disputes. If issues arise, it's advisable for tenants to first communicate directly with the landlord. If a resolution cannot be reached, legal remedies may be pursued according to the lease’s terms and applicable laws in Washington, DC.

Common mistakes

Neglecting to Clearly Identify Parties: It’s crucial to correctly fill in the names of both the landlord and tenant at the beginning of the lease. Omitting any party's name can lead to confusion down the line.
Incorrect Rent Amount: When detailing the monthly rent, make sure the amount is accurate. Writing the wrong figure can result in disputes over payment expectations.
Overlooking the Lease Term: Specify the exact start and end dates of the lease term. Failing to do so may lead to misunderstandings about when tenancy begins and ends.
Missing Pro Rata Rent Calculation: If the lease does not start on the first of the month, accurately calculate and clearly state the pro rata rent for that partial month. Errors here can complicate financial arrangements.
Ignoring Security Deposit Terms: Clearly indicate the amount of the security deposit. Additionally, ensure tenants understand their rights regarding the deposit, including how and when it will be returned.
Failure to Specify Payment Method: Indicate the accepted payment methods for rent. Not stating whether payments can be made via check, money order, or another method may lead to misunderstandings later.
Not Acknowledging Late Fees: If there are any late charges for overdue rent, these need to be explicitly mentioned. An unclear policy can cause frustration when payments are late.
Forgetting About Utility Responsibilities: Clearly outline who is responsible for utilities. Both parties should know their obligations to avoid disputes over bill payments.

Documents used along the form

The Washington DC Residential Lease Agreement is often accompanied by several additional forms and documents that help define the rental terms and conditions. Below is a list of commonly used documents along with their descriptions. These documents are essential for clear communication and understanding between landlords and tenants, ensuring both parties are aware of their rights and responsibilities.

Move-In/Move-Out Inspection Checklist: A document used to record the condition of the rental unit before the tenant moves in and after they move out. It helps to identify any damages or repairs needed, affecting the return of the security deposit.
Security Deposit Receipt: This receipt acknowledges the receipt of the security deposit amount from the tenant. It details the amount held, the terms associated with the deposit, and ensures transparency for both parties.
Rental Payment Agreement: This document outlines the payment schedule, including the exact date rent is due and acceptable payment methods. It helps tenants understand their financial obligations clearly.
Tenant's Information Form: A form completed by the tenant providing essential personal details. This information is used for emergency contacts and other necessary communications between the landlord and tenant.
Pet Agreement: If pets are allowed, this agreement states the rules and fees associated with pet ownership within the rental property. It protects the property and clarifies expectations regarding pet behavior and potential damages.
Lease Addendum: This document modifies or adds to the original lease agreement. It may cover specifics such as additional rules or changes in circumstances to meet compliance or expectations of either party.
Lead-Based Paint Disclosure: A required document for properties built before 1978, informing tenants of potential lead hazards. This protects the landlord from liability and informs the tenant of necessary safety precautions.
Utility Responsibility Agreement: This outlines which utilities are the responsibility of the tenant and which are covered by the landlord. It avoids confusion about payment responsibilities during the lease term.
Notice of Rights and Responsibilities: This document summarizes the rights and duties of both tenants and landlords under D.C. law, ensuring both parties are aware of legal obligations in the rental relationship.
Termination Notice Template: A standardized form that can be used by either party to inform the other of the intent to terminate the lease. It provides clarity on the notice period required under the agreement.

These documents provide a comprehensive framework for both landlords and tenants. Utilizing them can promote a smooth rental experience, fostering a respectful and transparent relationship. It is important for both parties to familiarize themselves with these forms to ensure compliance with local regulations and to safeguard their interests.

Similar forms

The Washington D.C. Residential Lease Agreement form shares similarities with a Commercial Lease Agreement. Both documents outline the terms and conditions under which a property is leased, including rent payment schedules, security deposits, and tenant responsibilities. While the former is typically used for residential properties, and the latter for commercial spaces, the structure and legal considerations remain comparable. Both agreements aim to protect the rights of landlords and tenants, clearly specifying obligations for maintenance and potential remedies in cases of default.

Another document that resembles the Washington D.C. Residential Lease Agreement is the Sublease Agreement. A Sublease Agreement is used when a tenant wishes to lease their rented premises to another individual. This type of agreement, like the Residential Lease, stipulates the terms of occupancy, payment details, and the responsibilities of the original tenant and the subtenant. Both documents require clarity on how lease terms can change and highlight the rights of the original landlord, ensuring that all parties understand their obligations.

The Tenancy Agreement is yet another document with a similar purpose. This document is often used interchangeably with lease agreements in some jurisdictions. It sets forth the rules and expectations between the landlord and tenant, covering aspects such as rent, duration, and maintenance duties. While a residential lease typically focuses on longer-term agreements, a tenancy agreement may be more flexible, covering both short-term and long-term rentals. Like the Residential Lease, it protects both parties regarding their rights and responsibilities throughout the rental period.

Finally, the Month-to-Month Rental Agreement is akin to the Washington D.C. Residential Lease Agreement but offers a different level of flexibility. This type of document allows tenants to occupy a rental property on a monthly basis without a long-term commitment. While it still includes essential provisions related to rent, security deposits, and termination notice periods, it differs in the sense that either party can end the agreement with minimal notice. Despite this flexibility, both forms prioritize the protection of both landlord and tenant rights under the law.

Dos and Don'ts

When filling out the Washington DC Residential Lease Agreement form, it's essential to be thorough and accurate. To ensure a smooth process, consider the following guidelines:

Do read the lease agreement carefully before filling it out. Understanding the terms helps avoid misunderstandings.
Do provide accurate and complete information for all required fields. This includes names, addresses, and terms of the lease.
Do calculate the pro rata rent correctly if the lease starts on a day other than the first of the month.
Do keep a copy of the signed lease for your records. This will help in case of any disputes.
Do clearly communicate with the landlord or agent about any questions or concerns you have regarding the lease terms.

Don't leave any fields blank unless specified. Incomplete forms may delay your lease processing.
Don't ignore any fees or charges outlined. Understanding your financial obligations is crucial.
Don't forget to provide your security deposit as required. This is necessary for the lease to be valid.
Don't attempt to modify any terms of the lease without consulting your landlord or agent first.
Don't disregard any deadlines for payments or notifications stipulated in the lease agreement.

Misconceptions

Misconception: The lease agreement is too complicated to understand. Many people believe that legal documents are overly complex. However, the Washington DC Residential Lease Agreement is designed to be clear and straightforward. Landlords and tenants can benefit from reading through the document, as it lays out each party's responsibilities in an organized manner.
Misconception: All lease agreements are the same. Each lease agreement is unique and tailored to the specific rental situation. The Washington DC Residential Lease Agreement may include special provisions, such as details about security deposits or specific rental terms, that differ from other agreements.
Misconception: Paying the security deposit includes the first month's rent. Some tenants think that the security deposit can count toward their initial payment. However, the lease states clearly that the security deposit is separate from rent and should not be used for rental payments.
Misconception: Late fees are not enforceable. There is a belief that late fees cannot be applied. In reality, the Washington DC Residential Lease Agreement specifies that if rent is more than five days late, a late fee will be charged, and this is a legitimate part of the agreement.
Misconception: The landlord must return the security deposit immediately. Some tenants may think that they should receive their security deposit back as soon as they move out. However, the lease specifies that the landlord has 45 days to return the deposit or provide notice if they plan to withhold it.
Misconception: Tenants can move in without paying their share of the rent. There is a common misunderstanding that tenants can occupy the premises right away without paying any dues. The lease agreement emphasizes that tenants must pay the first month's rent as well as any pro-rata amount due upon moving in.
Misconception: The landlord is responsible for all repairs. Tenants might think that landlords automatically cover all maintenance issues. While landlords are responsible for certain types of maintenance, tenants are often expected to report problems promptly and may have responsibilities outlined in the lease regarding upkeep.
Misconception: Rental payments can be delayed without consequences. Some tenants believe that they can delay rent payments without serious repercussions. By signing the lease, both parties agree to the terms, meaning that failing to pay rent on time can lead to legal actions by the landlord.

Key takeaways

When navigating the Washington D.C. Residential Lease Agreement form, several key points should be kept in mind to ensure a smooth leasing experience.

Understanding Your Rent Obligations: Rent must be paid in full and on time, ideally at the beginning of each month. If your lease starts mid-month, you’ll need to pay a prorated amount for those days, so be prepared for that upfront cost.
Security Deposits are Critical: The security deposit cannot be used to cover rent. It serves as a guarantee that you will adhere to the lease’s terms. The landlord has specific obligations regarding its return after the lease ends, including providing a detailed statement of any deductions.
Tenant Liability: Every tenant listed is responsible for the full performance of the lease. Joint liability means that if one tenant fails to pay rent, the others are still held accountable for the full amount.
Late Payments Have Consequences: If rent is not paid within five days of the due date, a late fee of five percent may be incurred. It’s important to remember that the first of the month is the key date; there is no grace period for late fees.

Each of these points emphasizes the importance of clear communication and adherence to the lease terms for both landlords and tenants. Thoroughly reviewing the document can prevent misunderstandings down the line.

Common PDF Templates

Car Lease Contract Template - Consideration is defined as the monetary payment the lessee agrees to make for the lease of each vehicle.

Owner Operator Lease Purchase - Specific claims related to cargo loss or damage during Owner Operator's custody must be addressed.

Meeting Room Rental Agreement Template - A refundable damage deposit of $150 is also required upon booking.