RENT AGREEMENT
This Rent
Agreement is made and executed at GREATER NOIDA on between Mr. S/o . the first part, hereinafter called
the LESSOR/OWNER.
AND
Mr. S/o of the second part, hereinafter
called the LESSEE/TENANT.
The expression and words of the first
party and the second party shall mean and include their legal heirs, nominees,
executors, successors, assignees, administrators and legal representatives
respectively).
WHEREAS the first party /lessor is
the owner and in possession of Property bearing ____________, hereinafter called the Premises.
Which lessor has agreed to give and lessee has agreed to take on lease for a
period of 11 months.
AND WHEREAS on request of the lessee
the lessor aforesaid has agreed to let out for the RESIDENTIAL purpose and shall not use it for any other purpose and
whereas the lessee has agreed to execute and sign this rent agreement as per
terms and conditions mentioned below: -
NOW
THIS RENT AGREEMENT WITNESSE AS UNDER: -
1.
That
the monthly rent of the above said premises has been settled between both the
parties at a sum of RS. ____________ (Rupees ____________ Only)/- Including Maintenance Charges charges every month and one month’s
rent in advance.
2.
That
the Second party has deposited to the lessor a sum of Rs. ____________/- (Rupees ____________ Only) as
interest free security.
3.
After
adjustment of rent arrears, utility charges, maintenance dues and damages, the
balance security deposit shall be refunded by the Lessor within a reasonable
period after the Lessee hands over vacant possession.
4.
That
if the Lessee fails to pay the monthly rent by the due date, the Lessor shall
have the right to demand the outstanding rent. In case the default continues
despite notice, the Lessor shall be entitled to terminate this Agreement in
accordance with Clause No. 8 and recover all outstanding dues as per law.
5.
That
the agreement is for a period of ____________ -month w.e.f. ____________.
6. That
rent will be paid on or before the ____________day of every
English Calendar month by Online/Transfer.
7. That
the Premises shall be used exclusively for residential purposes only. The
Lessee shall not use the Premises for any commercial, business, office, illegal
or immoral activities without the prior written consent of the Lessor and the
competent authorities, wherever required.
8. That
after the expiry of ____________ months period the rent shall be increased ____________ % by if the
tenancy has been continued subject to mutual consent of both the parties.
9.
That
the Lessee shall handover the vacant physical possession of the premises
referred to above to the Lessor at the time of termination of lease together
with the fittings and fixtures duly repaired, if any damage done.
10.
That
no additions and alterations will be made by the lessee without prior written
consent of the lessor.
11.
That
the rent agreement can be terminated even before the expiry of the lease deed
period by either the lessor or the lessee, by giving ____________ month(s) prior written notice in advance.
12.
That
the lessee shall not sublet or part with the said premises in whole or their
parts thereof, without the written consent of the lessor.
13.
That
on the expiry of the lease period, the lessee shall handover peaceful and
vacant possession of the said premises to the lessor with all the fittings and
fixtures intact therein in same good working conditions/order as the lessee
received it.
14.
That
the lessee shall peacefully permit either lessor or his representative to enter
the premises in all the reasonable times in order to examine the state and
condition of the premises.
15.
That
all the day to day repairs of minor nature, such as replacement of fuses,
washers, bulbs, leakage, fane, tube lights and other fixtures etc., shall be
done by the Lessee at their own cost. However, Major repair such as leakage or
defects in electrical/water circuits, fixtures or any damages to the structure
shall be carried out by the Lessor provided such damages is not caused by act
or neglect on the part of the Lessee in which case the Lessee will have to
withstand the necessary expenditure.
16.
That
the Premises will be handed over same condition as given otherwise security
will be forfeited.
17.
That
the lock-in-period of this agreement will be ____________ months if the lessee vacate the premises before expiry of ____________ months then lessee’s security money
will be forfeited.
18.
That
the electricity charges and water charges and IGL charges shall be paid by the
Lessee directly to the concerned authority or the Lessor as per the Meter
installed therein.
UTILITY CHARGES
Electricity: As applicable; fixed monthly charge: Rs. ____________; rate per unit: Rs. ____________.
Water: Included in Rent; fixed monthly charge: Rs. ____________; rate per unit: Rs. ____________.
IGL / Gas: Included in Rent; fixed monthly charge: Rs. ____________; rate per unit: Rs. ____________.
19.
That
the Lessee shall strictly comply with all the rules, regulations and bye-laws
of the Apartment Owners' Association/Society. The Lessee shall not create any
nuisance, disturbance or inconvenience to the neighbours or other residents of
the society.
20.
That
in case of any dispute between the parties, the court of GREATER NOIDA, U.P shall have
the jurisdiction entertain the same.
21.
That
this Agreement constitutes the entire understanding between the Lessor and the
Lessee regarding the tenancy of the Premises. Any amendment, modification or
addition to this Agreement shall be valid only if made in writing and duly
signed by both the parties.
22.
PAYMENT DETAILS
Payment Mode: Cash; UPI ID: ____________; Bank Account Name: ____________; Bank Name: ____________; Account Number: ____________; IFSC Code: ____________.
23. ADDITIONAL / SPECIAL CLAUSES
____________
FURNISHING
Status: Unfurnished. Items provided:
PAYMENT DETAILS
Payment Mode: Cash; UPI ID: ____________; Bank Account Name: ____________; Bank Name: ____________; Account Number: ____________; IFSC Code: ____________.
IN WITNESS WHEREOF both the parties
have set their respective hands on this RENT AGREEMENT at GREATER NOIDA on the first above written in the presence of the following witnesses.
WITNESSES: -
1. LESSOR/
FIRST PARTY
2. LESSEE /SECOND PARTY
