RENT AGREEMENT OF HOUSE

This rent agreement is being executed on 20th day of Nov, 2021 between
Naseem Gul W/O Bashir Ahmad R/O Executive Lodges, Warsak Road,
Peshawar (hereinafter called as LANDLORD-FIRST PARTY)
AND
Malik Shah Fahad son of Aurangzeb Khan R/O Bakshu Pull,
Peshawar (hereinafter called the TENANT-SECOND PARTY)

WHEREAS, the said first party is the absolute owner in possession of Bungalow
No. 322/323, Sector L, Phase 3, Paradise City, Nowshera and has agreed to let
out the said Property on monthly rent basis to the Tenant and Tenant has agreed
on the same, with the following terms and conditions.

1. That the rent of the above-stated House has been fixed as Rs. 200,000/-
(Rupees Two Hundred Thousand only) per month which will always be
paid in advance within 20-25th day of every month, against a receipt in
writing of a receipt thereof. Also a refundable Security Deposit of Rs.
400,000/— (Rupees Four Hundred thousand only) has been paid from
the Second Party to first party which is refundable at the time of vacation
of the said Property by the Second Party adjusting therewith unpaid utility
bills, unpaid monthly rent, etc., if any –
2. That the tenancy period is for 23 months i.e from 20th Nov, 2012 to 20th
October, 2023.
3. That one month’s notice from either party for the vacation of the said
House is mandatory.
4. That the Second Party is allowed to make any sort of change in the
structure of the House according to educational use with the written prior
approval of the First Party.
5. That the Second Party will utilize the the property only for the educational
purpose within framework of the law and rule of the Islamic Republic of
Pakistan.
6. That the Second Party will not sub-let the House wholly or partially.
7. That the possession of the House will physically be handed over to the
First Party on the expiry of the instant agreement
8. That the Second Party will be fully responsible for repair or replacement
of any wear and tear in the House.
9. That the Second Party will be solely responsible for the payment of all sort
of Utility Bills i.e. Electricity, Gas, etc., and give back the paid bills to the
First Party.
10. That the First Party or his agent(s) shall have the right at all reasonable
times during the term of this Rent Agreement and any renewal of this
Lease Agreement to enter the said House for the purpose of inspecting the
premises and / or making any repairs to the premises or other item as
required under this Rent Agreement.

Landlord-First party _____________ Second Party-Tenent ___________

Naseem Gul Malik Fahad Aurangzeb
CNIC No. 17301-1784418-2 CNIC NO. 37405-67846798-8