Rent Agreement Copy For Bangalore

RENTAL AGREEMENT This Deed of Rental Agreement is made on this the 4th day of April 2009 at Bangalore by & between Mr/Ms OWNER NAME, ADDRESS line1 ADDRESS line2 ADDRESS line3 Hereinafter called as OWNER of one part and Mr/Ms TENANT NAME, ADDRESS line1 ADDRESS line2 ADDRESS line3 Hereinafter called as TENANT of the other part (which term shall mean and include their legal heirs, executors, representatives, administrators and assigns) Whereas the OWNER is the absolute OWNER of the schedule premises situated at (address where owner stays), whereas the TENANT who is in need of an accommodation, has approached and requested the owner to let out the said premises on a monthly rental basis and the OWNER hereby agrees to do so under the following terms and conditions (contd., on page2).

KNC 1

NOW THIS AGREEMENT WITNESSETH AS FOLLOWS The AGREEMENT has agreed to give a monthly rent of Rs. 8,000.00 (Rupees Eight thousands only). This is inclusive of water charges. The tenancy month will be the English calender month and the rent for each month shall be paid on or before 10th of every succeeding month without fail. The TENANT has agreed and given a sum of Rs. 80,000 (Rupees Eighty thousands only) by cash/cheque to the OWNER as security deposit and the owner hereby agree to refund the said amount free from interest at the time of the TENANT, vacating and delivering the said premises in the same condition in which it was let-out or on termination of this agreement and after deducting the dues payable if any by the TENANT to the OWNER. This agreement shall be in force for a period of 11 (Eleven) months from 10-04-2009. However the same could be renewed for a further period by mutual consent. If the tenant continuing for a further period hereby agrees to pay a higher rent by 5% over the last rent paid. In consideration of the security deposit given and the rents reserved the TENANT is put into peaceful possession and occupation of the schedule premises and the TENANT is hereby entitled to use the said premises for the purpose for which it has been mutually agreed upon by and between parties hereto and shall not use the same for any offensive or illegal trade/ business/ activities etc., punishable under law. And also shall not stock any inflammable/ Explosive/ Harmful material in the said premises. The TENANT hereby agrees with the OWNER to: a) The TENANT shall pay the electricity charges separately as per bill. b) Keep and maintain the said premises clean and in good tenantable condition without causing any other neither damages in whatsoever manner not shall make any structural addition or alterations to the said premises. c) Use the said premises without causing any nuisance to others and other users of the schedule property of which the said premises is a portion. d) Not to sub-let or under-let or in any way part with the possession of sell the tenancy to any third person/party in whatsoever manner. e) If the TENANT commits any default to pay the rent regularly on due dates or commit any default to observe or perform any of the terms here to agreed, then the OWNER hereby reserves the right to terminate the tenancy hereto granted and take over possession of the said premises. f)

At the time of vacating the TENANT shall pay the painting charges.

g) The TENANT shall use the premises for Residential purpose only. h) The OWNER or his/her authorized agent be entitled to inspect the house at any reasonable hours with prior intimation. i)

Either party shall give Two (2) months notice in advance for termination of this agreement.

KNC 2

SCHEDULE A portion of residential premises situated at XXXXX (address of the house which is being lent out), consisting of Hall, Kitchen, 2 Bed Rooms, and 1 Bath Room. With fittings like ceiling fans – 3 Nos, Geysor – 1 No, Tubelights – 4 Nos (give complete description) In witness whereof the OWNER and TENANT have signed this Rental Agreement in the presence of the following witnesses on the day month and year first above mentioned.

Witness: 1.

OWNER

2.

TENANT

KNC 3