314 Ski Way — Lease Review

3bd/3.5ba Diamond Ridge condo · Incline Property Management (agent), broker Lawrence Wodarski (lic. B145124CORP) · Tenants: Jessica M. Auld & Shapor Naghibzadeh, jointly and severally. Reviewed from the 17 signing documents in lease/ on 2026-07-24.

$5,700rent / month
$52,630total rent, full term
$9,050security deposit
$10,480due at signing

Overall read. A standard Nevada/AppFolio residential lease, and fairer than most: mutual prevailing-party attorney’s fees (§4.5), an explicit landlord duty to mitigate by re-renting (§1.4, §3.7), rent abatement if the unit becomes uninhabitable (§3.3), no rent owed until possession is delivered (§3.6), and 24-hour notice for entry (§3.4). The real issues are the April 30 end date vs. the school year, a deposit-forfeiture sentence, and some drafting sloppiness. Nothing here is scary; two things are worth fixing.

Signature status — partially executed

Shapor initialed lease sections 1–5 (“SN”) and e-signed documents 6–11 on 07/24/2026, 10:48–10:50am PDT (IP 99.24.131.65, AppFolio). The Consent to Act (doc 12) and Duties Owed (doc 14) acknowledgments are unsigned in these copies, and the final Sign & Accept (doc 17) is pending, as is Jessica’s signature. 7/24 update: Kenneth Richards re-issued the lease with the §4.1 holdover fix (see resolved flag #1) — re-initial and complete Sign & Accept.

What changed vs. the preview

Term Preview Signed docs
Commencement 07/27/2026 07/25/2026 (2 days earlier)
Total rent $52,250 $52,630
Prorated July rent $950 (7/27–7/31) $1,330 (7/25–7/31)
Cash due at signing $10,100 $10,480

Everything else — rent, deposit, end date, clauses — is unchanged. Math checks: $1,330 + 9 × $5,700 = $52,630. The $1,330 proration uses a 30-day divisor ($190/day × 7 days); a 31-day July divisor would be $1,287. Trivial ($43), but that’s how they computed it.

Flags

1. Holdover rent — RESOLVED 7/24 ✓

Original §4.1 set the month-to-month holdover rent at “to be negotiated” with 60-day notice, contradicting §1.2 and leaving May–June 2027 rent (the tail of Zahra’s school year) open. We emailed Kenneth 7/24; he re-issued the lease same day. Updated §4.1 (lease/4 - updated.pdf): month-to-month continues “on the same terms and conditions as stated herein” — $5,700 locked — with 30-day notice either way (more exit flexibility while house shopping; Nevada’s statutory minimum notice governs the landlord’s side regardless). Diff verified: no other changes to the document.

2. “Stay the entire lease or all deposits are forfeited” (§1.4)

Automatic forfeiture of a $9,050 deposit is almost certainly unenforceable under NRS 118A.242, which limits deductions to actual damages, unpaid rent, and cleaning — and the very next sentence contradicts it (you owe rent only “until the property is re-rented, whichever comes first”). But the sentence signals how IPM approaches deposits. Defense: exhaustive move-in documentation (below) and a written 30-day notice with forwarding address at the end. They owe an itemized accounting within 30 days of move-out.

3. Guaranteed move-out charges

Professional cleaning and professional carpet cleaning at tenant expense regardless of condition (§3.7, §5.1 items 2–3 — stated twice), plus charges for any missing or burned-out light bulbs (§5.1 item 4). Mentally budget several hundred dollars of the deposit as spent. Vendor is “of the landlord’s choosing,” so you can’t shop it.

4. Mold addendum has teeth (doc 8) — and it overrides the lease

You must keep the home at 68–73°F in winter (72–76°F summer), never below 55°F even when unoccupied, run exhaust fans, wipe condensation, and report any leak/moisture/musty odor immediately. Miss a step and mold liability shifts to you; the addendum explicitly controls over the lease in a conflict. It also obligates you to vacate at the landlord’s request during remediation, with no rent abatement mentioned. In a snow-country condo this is the addendum most likely to matter: report every moisture issue in writing (email) the day you see it, so the record shows liability staying with the owner.

5. No real grace period

Rent due the 1st; 5% late fee ($285) after day 5, but the lease says the 5 days is “not a grace period” — demand can be made from day 1. Unpaid balances bear 10% interest; $50 per bounced check; all fees are “additional rent” (so nonpayment of a fee = nonpayment of rent, a 5-day-notice offense under §4.1). Set up Appfolio autopay via eCheck — not credit card, which typically adds a processing fee.

6. Documents

7. Smaller notes

Diamond Ridge HOA rules that will actually affect daily life

Move-in protocol (protect the $9,050)

Key terms reference

Term Value Where
Term 07/25/2026 – 04/30/2027, then month-to-month §1.2
Rent $5,700/mo §1.3
Total rent $52,630 §1.2
Late fee 5% ($285) after day 5; 10% APR on balances; $50 NSF §1.3
Security deposit $8,550 + $500 pet = $9,050 §1.4, doc 6
Due at signing $10,480 doc 6
Owner-paid utilities Snow removal, water/sewer (IVGID), trash (WM) §1.5
Tenant-paid utilities Gas, electric, internet §1.5
Entry notice 24 hours, business hours (except emergency/abandonment) §3.4
Move-out notice 30 days written, with forwarding address §3.7
Deposit return 30 days after termination + possession, itemized §3.7
Holdover Month-to-month on same terms ($5,700), 30-day notice either party §4.1 (fixed 7/24)
Attorney’s fees Prevailing party (mutual) §4.5
Recreation passes 4 IVGID resident cards §5.1.12

Sources: lease/1.pdf17.pdf and hoa.pdf in this folder, compared against the 54-page preview PDF. Not legal advice.