Rental agreement

rental agreement

1. RENTAL AGREEMENT

THIS DEED OF RENTAL AGREEMENT executed at _________ on ____________________________
Chennai
BETWEEN
_____________________________________hereinafter called the HOUSE OWNER of the FIRST PART;
AND
__________________________________________ hereinafter called the TENANT of the SECOND PART.



TENANT HOUSE OWNER

2. The term of both the OWNER and the TENANT which term wherever the context so permits, shall mean
and include their heirs, executors, administrators, legal representatives and assigns of the witnesseth:
WHEREAS the TENANT approached the OWNER herein with a request to let out to him on rent of the
premises (Flat) at Wing 3, F0-4,Vishram Oasis, No.36 Neralamman Koil Street, Thazhambur, Chennai
600130, Morefully set out in the Schedule here under written, offering to pay therefore a monthly rent of
Rs.10000/-( Rupees Ten Thousand Only.)
AND WHEREAS the OWNER accepted the said offer and agreed to let out the said portion on rent. Now
both the parties here unto agree to the following terms and conditions of rent:
NOW THIS RENTAL AGREEMENT WITNESSETH:
The Property hereby rented out the House bering (Flat) at Wing 3, F0-4,Vishram Oasis, No.36 Neralamman
Koil Street, Thazhambur, Chennai 600130,
1. The TENANT has taken possession of the aforesaid portion on 01.09.2018 to 30.07.2019 from the
OWNER.

2. The rental agreement will be for a period of ELEVEN MONTHS (i.e. 01.11.2017 to 30.11.2018 )
commencing from the date of possession.

3. The TENANT has paid to the OWNER a sum of Rs. 60000/- (Rupees Sixty thousand Only) as
Security Deposit, which the OWNER hereby acknowledge the receipt of the same. The advance
sum shall be returned by the owner without any interest at the time when the Tenant handed
over vacant possession without any arrears of rent.

4. The rent in respect to the portion payable by the TENANT to the OWNER on or before 5
th
of every
month is Rs.10,000/- per month excluding electricity charges and water charges, if any regularly
directly to the concerned department.

5. The TENANT shall not commit default in the payment of rents and it the TENANT fails to pay the
monthly rent within the stipulated time for two consecutive months, the lease shall stand
cancelled and the TENANT shall vacate the FLAT forthwith.

6. The TENANT shall not use the demised premises for any other purpose other than for which it is
let out not shall sublet or sublease the portion let out to him to any third party.

7. The TENANT is also liable to make payments of maintenance charges in respect to the demised
premises.

3. 8. The TENANT shall not make any structural alterations, additions or improvements to the said
portion without the previous written consent of the OWNER.

9. The TENANT shall not tamper or remove any of the fittings and fixtures in the said portion.

10. The TENANT shall maintain the flat in good tenantable condition.

11. The TENANT shall on expiry of the agreement deliver vacant possession of the premises in the
same good condition as it was delivered to him and in case of any damage and the loss arising out
of such damage; the same shall be deducted from the rent advance in the hands of the OWNER.

12. EITHER party shall have the right to terminate this agreement by giving two months notice to the
other, intimating his intention to vacate and quit.

13. In the event of the PARTIES to this agreement desire to renew the rental agreement after a period
of 11 months the same shall be of fresh terms and conditions.

SCHEDULE OF THE PROPERTY
All that piece and parcel of premises
(address)___________________________________________________ with all its fixtures and
fittings , electrical installations.
IN WITNESS WHEREOF THE HOUSE OWNER AND TENANT HAVE SIGNED THIS RENTAL AGREEMENT ON
THE DAY MONTHS AND YEAR FIRST ABOVE WRITTEN.


TENANT HOUSE OWNER
WITNESS
WITNESS