Lease

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LEASE AGREEMENT

This Lease Agreement is made and agreed to be effective since 27 day of .


01.2022.
BALANETHRA aged about years residing at # 02, GHS ROAD, 2 nd
Floor, Bhavathi Mangaluru karnatka 575001. Hereinafter called as
the Owner / Landlord which term shall mean and include his heirs,
successors and legal representatives of the one part.

JAGDEESH MEHTA S/o PRADEEP MEHTA aged about 25 years, residing at . #


GHS Road, Bhavathi Mangaluru 575001 Hereinafter called as the Tenants /
Lessees of the OTHER PART.

Whereas the landlord is the absolute owner and in peaceful possession and
enjoyment of the premises # 1/13, 3rd Floor, Mathrushrinilaya,
Hegganahalli, Bangalore – 560091. which is morefully described in the
schedule hereunder and hereinafter referred to as schedule property. The
tenant has approached to take on rent the said schedule premises to which
the landlord has agreed.

NOW THESE PRESENT WITNESSETH AND PARTIES HERE BY AGREE AS


FOLLOWS:-

Whereas the landlord agrees to let out and the tenants agree to take on rent
the schedule premises on a monthly rent of Rs. _3000/- (Rupees Three
Thousand only)
to be payable by the tenant to the landlord with in 10 th of every month
according to the English Calendar Month.
Whereas the tenant has deposited a sum of Rs4000/- (Rupees Four
Thousand only) by cheque & sum of Rs.50.000 (Rupees one Fifty Thousand
only) by cash to the landlord as a security deposit which shall not carry any
interest and the landlord shall return the said security deposit without interest
to the tenants on the termination of the tenancy created hereby subject to
lawful deduction like arrears of water and electricity charges etc., if any.

Whereas the rent in respect of the schedule premises shall be paid by the
tenant regularly and punctually without any delay of default.

The tenant hereby agreed

The tenant shall allow landlord or his agents of servants into the schedule
premises at all reasonable hours to ente r in the property and to inspect the
same with advance notice.
Whereas the lessee shall pay the painting charges at the time of vacating the
premises, otherwise the lessor shall deduct the amount from the security
deposit.

Schedule of Premises

All that the Home premises in first floor facing north-east corner of the
property situated at, # 1/13, 3rd Floor, GHS Road, Bhavathi, Mangaluru
Karnatka – 575001. Fixtures and Fittings: Tube Light fittings with
tube:3nos , Fans: 3nos, Exhaust Fan: 1no.,Geyser:1no.Curtain drape rod
fittings : 5nos. Wardrobes in rooms:2nos ,Dressing mirror:1no. Cosmetic
stand :1no. Toilet soap trays :4nos,
In witness whereof the party is hereto have signed the Rental Agreement on
the day, month and year first above written in front of the following witness.

WITNESSES
OWNER /
LANDLORD
1.

2.
TENANT / LESSEE

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