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Rent Agreement
Rent Agreement
Rent Agreement
AND
AND WHEREAS the Lessee had approached the Lessor for grant of Lease in respect of the
said Premises and whereas the Lessor has / have agreed to Lease out the same to the Lessee
on the following terms and conditions:
1. That the Lessee shall use the aforesaid Premises only for Residential Purpose. The
Premises shall be exclusively used by the Lessee for his/her own purpose.
2. The Lessee agrees to hold the said Premises for a maximum period of 11 (Eleven)
months commencing from____________ to ______________. The Lessee agrees
to vacate the Premises after the expiry of 11 (Eleven) months from the date of
commencement of this Agreement. However, this Agreement can be renewed after
expiry of the period of 11 (Eleven) months with 10% increase or mutual
understanding of both the Parties.
3. That the Lessee has agreed to pay the rent of Rs. _________/- (Rupees
_________________________________ Only) in advance on or before 10th day of
each English Calendar month either in cash.
4. In the event of non-payment of rental for any duration exceeding one month,
irrespective of whether, demanded or not, the Lease shall stand terminated without
regard to the period elapsed, or prior notice, since commencement of the
Agreement with costs and consequences to the Lessee.
5. That the Lessee shall pay for the Electric (Power & Light), water charges as per Meter
reading directly to the concern authority.
6. That the Lessee shall not sublet, assign or part with the possession of demised
property.
7. That the Lessee shall comply with all the rules and regulation of the local
Authorities whatsoever with relation to the said Premises.
8. That the Lessee will not carry out any structural addition or alteration to any part of
the house without written consent of the Lessor.
9. That the major repairs shall be carried out by the Lessor at his/her/their own cost and
day-to-day minor repairs shall be carried out by the Lessee at his/her/their own cost
with the consent of the Lessor.
10. That the Lessor or his/her/their authorized person can inspect the Premises at any
reasonable time as and when necessary with prior notice.
13. That the Agreement can be terminated by either of the Parties by giving a notice of
One month, in advance after the expiry of lock in period to the other Party in
writing. In case the Lessee is obliged to vacate the Premises immediately, the Lessee
will be entitled to terminate the Agreement by giving one month’s rent in lieu of
notice.
14. That the Lessor and the Lessee represent and warrant that they are respectively fully
empowered, authorized and able to make this Lease and the Lessor will keep the
Lessee free and harmless of any demands, claims, actions or proceedings by others in
respect of quiet possession of the Premises.
15. That if any dispute arises out of this Lease Agreement, which cannot be resolved by
mutual negotiations, shall be subject to the jurisdiction of Gurugram Courts only.
16. That the Lessor is not responsible for any type of payments such as bills of credit cards,
mobile phones, loan/bank corrupt, bounce of cheque, etc as all such are the
responsibilities of the Lessee only, however, it is made clear that the lessor is not
responsible in this regard.
17. However, it will be the option of the LESSOR to grant for renewal or not. If further
renewal is not granted the LESSEE shall be obliged to vacate the demised premises
with all fittings and fixtures in working condition.
WITNESSES:-
1 LESSOR
2. LESSEE