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Agreement of Rent
Agreement of Rent
MR.S.PRABHAKARAN.
Aged about 37 years,
Residing at No.2, Meenakshi Nagar,
Ranganathan Road, Villupuram,
Tamilnadu—605 602.
Hereinafter called the LESSOR/OWNER of the first part.
WHEREAS, the Lessor is desirous of letting out the said flat more
fully described in the schedule written hereunder, on a monthly rent
of Rs.10,000/-(Rupees Ten Thousand Only) for a period of (11) eleven
month only commencing from 1st January 2011 And in pursuance of the
said acceptance. the lessor does hereby grant the Lessee a lease of
SCHEDULE premises to hold the same for the Lessee subject to the
following terms and conditions. The Lessee has paid an advance of
Rs.40,000/(Rupees Forty Thousand Only) vide cheque no. dated
of Bank to the name of Lessor, and remaining 50% of advance of
Rs.40,000/(Rupees Forty Thousand Only) vide cheque no. dated
of Bank to the name of Lessor, total Rs.80,000/(Rupees Eighty
Thousand Only) which will be refunded by the Lesser at the time of
vacating the flat.
NOW THE OTHER TERMS AND CONDITIONS OF THIS LEASE ARE AS FOLLOWS:-
5. That the lessee shall pay the rents regularly every month, on or
before the 5th of each month for which the rent is payable.
6. The lessee shall not cause any damage to the building; if there is
any such damages he shall get it repaired at his own cost and deliver
vacant premises of the building, if not the repair expenses will be
deducted from the advance amount.
7. That the premises should be used only for the purpose of the
residence and for no other purpose.
8. That the Lessee shall not sublet underlet or part with the
possession of the Schedule Premises or any portion thereof to anybody
whatsoever under any circumstances, the premises shall be occupied
only by the Lessee with her family.
9. The Lessee shall not carry out any alteration or additions to the
schedule premises either permanent or otherwise.
10. The Lessee shall pay the monthly maintenance charges to the
Chithramala Land and Flat Owners Association before 10th of every
month.
12. It is agreed that in case both Lessor and Lessee agreed to ,renew
the lease Agreement further, revised increase will be at the rate of
5% per year.
13. The lessee shall not damage the Flat and the contents in any form
during her stay and in case of any damage will be rectified by the
Lessee on her own cost before vacating the Flat.
14. At the time of vacating the Flat, the Lessee will paint the Flat
(or) will pay the painting charges at actuals. Decision will be taken
mutually by Lesser and Lessee, accordingly painting will be done.
SCHEDULE
WITNESEES:-
1. LESSOR
(S.PRABHAKARAN)
2. LESSEE
(L.SWARNA SARASWATHI)