RENTAL AGREEMENT
THIS RENTAL AGREEMENT is made and executed on this 08th Day
of December 2024, by and between: Effective From:16-08-2024.
Mrs. SOWMYA Residing at NO 393 KOPPAGET ANEKAL TQ
BANGALORE 560105
Hereinafter called the “OWNER/LESSOR” of the ONE PART; AND
Mr. KUMARA GOVINDA PAWARA Residing at NO 393
KOPPAGET ANEKAL TQ BANGALORE 560105
Hereinafter called the “LESSEE/TENANT” of the OTHER PART:
WHEREAS the Owner/Lessor is the sole and absolute owner of the
Schedule premises whereas the Lessee has approached the Owner
to let out the schedule premises on rental basis, and the Owner
agrees to let out the same under the following terms and
conditions:-
[Link] payable by the Tenant for the said premises is Rs.5,000/-
(Rupees Five Thousand only) every month. Rent payable on
or before 05th day of every English calendar month.
2. An advance amount of Rs. 30,000/- (Rupees Thirty
Thousand only)to the Owner by way of cash before the
following witnesses. And the owner has acknowledged the
receipt of the same. This advance amount shall not carry any
interest. And the same will be repayable by the Owner to the
Tenant while vacating the premises.
3. The Rental Agreement is for a period of 11 (Eleven) months
from the date of 16.08.2024 and is subject to renewal
thereafter under mutually agreed terms and conditions with an
enhancement of 5% in the existing rent.
[Link] Tenant should use the said premises for RESIDENTIAL
PURPOSE only and should not use for any other illegal
purpose.
[Link] lessee has to pay electricity charges directly to the
concerned department.
[Link] shall not sublet or underlet the premises to any other
persons and should not do any alteration unless permitted by
the Owner.
[Link] Tenant shall keep the premises in good condition and shall
not cause any damages to the premises. In case damages
caused then the repair charges like Minor Repairs, should be
paid by the Tenant.
[Link] is hereby agreed that One Month notice on either side is
required and sufficient for the termination of the tenancy.
[Link] has to pay one month rent towards painting charges or
same amount will be deducted from the security deposit.
SCHEDULE
The Premises situated at NO 393 KOPPAGET ANEKAL TQ
BANGALORE 560105
Consisting of One Hall, Kitchen, one Bedroom, and One Bathroom,
with electricity, water facility RCC Roofed House.
IN WITNESSES WHEREOF both the parties agrees and sign this
agreement on this day
WITNESSES:
01. LESSOR/OWNER
02. LESSEE/TENANT
