Oklahoma Real Estate Commission, Residential Lease Agreement (2026)

A. All personal property located on or stored in the Premises is at the risk of the Tenant, and Tenant shall indemnify and hold harmless
Owner and Owner’s Broker from and against any loss or damage to said personal property. Further, Tenant is ■ responsible ■
required by Owner, for obtaining and paying for their own Insurance to cover Tenant’s personal property and liability. Owner
shall not carry Insurance for Tenant’s personal property or liability.
B. Tenant agrees and understands that Owner and the Owner’s Broker is not responsible for loss for perishable goods should there be
a mechanical failure of any appliance or equipment provided by the Owner. Tenant is responsible for any loss incurred by the Owner
due to Tenant neglect, misuse, abuse or accident caused by Tenant.
C. FLOOD INSURANCE. In the event the Premises is located in a flood hazard area, it shall be the responsibility of the Tenant to
purchase flood insurance to cover their personal property in the event of flooding from rising water. The Owner’s insurance does not
cover the Tenant’s personal property.

21. FLOOD NOTIFICATION.

A. Owner has notified Owner’s Broker that the Premises ■ is ■ is not located within a 100-year flood hazard area.
B. Owner ■ does ■ does not have knowledge of the Premises flooding in the last five (5) years.

NOTE: Premises do not have to be in a 100-year flood hazard area to be susceptible to flooding. Flood insurance is available on a
property in any location. “Flooded and flooding” shall mean general and temporary conditions of partial or complete inundation of
normally dry land areas and structures upon said areas from the overflow of lakes, ponds, streams, rivers, creeks and any other inland
waters.

22. INVENTORY.