Rent Agreement

 

 

RENT AGREEMENT

This rent deed is executed at Delhi on the 28 th day of October 2018, between Landlord/Lessor Mr. N.S. Gopalakrishnan, S/O Late Sh. N. Sangameswaran, Sangameswaran, R/O Flat No 110 D, Pocket B, Mayur Vihar Phase-II, Delhi – 110091, here in after called the Landlord/Lessor which expression shall include his heirs, successor, legal representative, assignees etc. of the one part. AND Mr. Pawan Kumar Dubey, S/O Sh. Awadhesh Kumar Dubey, H NO 158, Near Indian I ndian Oil Petrol Pump, Khanimpur, Gorakhpur, Gorakhpur, UP, 273212, herein after called the Tenant/Lessee which expression shall mean and include its successor, legal representatives `and assignees of the other part. Whereas the Landlord is the absolute owner and in possession of Flat No 110 D, Pocket B, Mayur Vihar Phase-II, Delhi – 110091, and whereas the Lessor has agreed to let l et out the above said property with its furnishings and fittings therein which will hereinafter be referred to as the premises. NOW THIS RENT DEED WITNESSETH AS UNDER: 1.  That although this rent agreement has been executed on today i.e. on 27.10.2018 but the tenancy has already been commenced w.e.f. 01.10.2018 for a period of 11 months. 2.  That the lessee shall pay to the lessor for the premises the rent of Rs 17,500/- (Rupees Seventeen thousand five hundred rupees only) by cheque/cash/neft excluding water charges, electricity charges as per actual reading, PNG charges as per actual reading, maintenance charges and society charges on or before 7th of each month as per English calendar and the rent shall increase @10 % after the expiry of the tenancy period. 3.  That the lessee has paid Rs 30,000/- (Rupees Thirty Thousand Only) as security deposit (interest fee). The security amount shall be adjusted if there are any dues towards the lessee otherwise the same will be returned in termination of lease. 4.  That the lessee shall not misuse, or sublet the said rented premises in any circumstances. 5.  That the said premises shall be utilized by the tenant only for residential purposes and not for commercial purposes. 6.  That the second party shall abide the Bye-laws, rules and regulations of municipal and local authorities concerned. 7.  That the lessee shall be liable l iable for late fees or penalty for not paying the bills of water, PNG gas, and electricity within the due date. 8.  That the lessor shall have right to inspect the said premises time to time or at reasonable time.

 

9.  That the lessee is liable to vacate and handover the above said premises in the same condition (floor, electricity etc.) as the possession was taken over at the time of signing this rent agreement. 10. That the lessee shall be liable l iable to pay for any brokerage/damage/maintenanc brokerage/damage/maintenance e to the sanitary and electrical goods and water fittings f ittings during the tenancy period caused by negligence of the tenant subject to reasonable wear and tear or breakage/damage by an act of god accepted. 11. That if the lessee wants to vacate the premises before the expiry of tenancy period then he will have to serve one month written notice in advance to the first party. And if the tenant does not serve the one month written notice in advance then he will have to pay one month’s rent in lieu thereof. And if the first party wants to get the said premises vacated in advance or before the expiry of tenancy period than he will have to give one month’s written notice in advance to the tenant.  12. That after the expiry of tenancy period the tenant shall vacate the premises and hand over the peaceful vacant possession possession of the said rented premises to landlord without any hitch hindrance. 13. That the lessee shall not make any structural additions or alterations in the said building, layout, fitting and fixtures without the written permission of the lessor but can install air conditioner, cooler, refrigerator and cooking range etc. at their own cost without causing any damage restoration of wooden partitions. The occupant shall not remove any fitting and fixtures etc. for the above premises. 14. That in the event of disputes, if any, lease agreement is subject to the jurisdiction of the courts where property exists. 15. That both parties have signed the rent agreement after understanding the contents which have been explained to each of them in vernacular which then admitted as true and correct and also assure to each other that they shall abide by all the terms and conditions as laid down in this rent agreement. IN WITNESS WHEREOF, both the parties have set their respective hands and sign this rent agreement on the day, month and year first written above in the presence of following witnesses: WITNESSES 1.

(LESSOR/LANDLORD)

2.

(LESSEE/TENANT)