Format Rent

FORMAT 1.

Nature of the Document

:LEASE DEED

2.

( i ) Date of Execution

:1-3-2007

( ii ) Place of execution

:Chennai

Name of the Lessor

:Smt. M.Santhanalakshmi

Age:

82years

Father/Husband Name:

R.Subramanian

Address:

Old No. 77, New No 94

3.

T.S.V Koil street Mylapore Chennai-600004

4.

Name of the Lessee

Sri K.Raviram

Age:

48 years

Father/Husband Name:

S/O Sri Krishnamurthy

Address:

Existing tenant

5.

Period of Lease

Eleven Months From 1-3-2007 To 31-1-2008

6.

( i )Amount of Advance/Premium

Rs Nil

(ii)Amount of Rent : Rs 6000/-(Rupees Six Thousand only) pm 7.

Conditions of Lease: 1.The Lessor and Lessee declare: ( i ) that the lessor is the only owner of the property leased and is in

absolute possession, occupation and enjoyment of the Schedule mentioned property and none else have got right, title, power and interest to lease the property hereby leased. (ii) the LESSEE has approached the lessor to grant a lease of the property described in the schedule below for a period mentioned above and the lessor has

6 agreed to 7

grant the said lease. (iii)That in consideration of the lessee agreeing to pay a monthly rent as mentioned above the lease is agreed to be given by the lessor. (iv) The lessee agrees to pay the rent fixed above every month without default on the fifth day of every month concerned. (v)The lessee shall pay the Electricity and water consumption charges regularly. (vi)The lessee shall not Sublet/lease any portion of the property. (vii)The lease shall terminate at the end of the terms agreed and option to renew it, is retained by the lessor: (viii)Thus at the end of the lease period, the property shall be handed over to the lessor in good condition. The lessee shall forfeit the advance paid if any of the conditions agreed is violated. (ix)Thus the Lessor retains the right to inspect the building during the tenancy of the lease, to know the condition of the building. (x) if the Lessor or Lessee wants to have the premises vacated before the

close of the tenancy period, one month clear notice shall be given in writing to the other party and on such vacation lessor shall refund the advance paid if any after deducting any dues to be paid. 10.

Any other conditions:

The pathway should be kept clean and tidy. The sump for storing water is common to all tenants and should be shared by all amicably. During scarcity of metrowater supply, the tenants should make their own arrangements for procurement of water. 11.

Schedule of whole property Leased: First floor of about 900 sft. At old no.77, new no. 94 at T.S.V koil street mylapore, chennai-600004 with all fixtures and fittings. Signed this day of ………………in the month of ………….200 before the witnesses:

Signature of the Lessor Witnesses: 1. 2.

Signature of the Lessee.