HOUSE RENTAL AGREEMENT FORMAT.docx

April 2, 2018 | Author: Arul Thangam Kirupagaran | Category: Lease, Renting, Property, Politics, Government


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RENTAL AGREEMENTThis Rental agreement executed at Chennai on this the [DATE] between [NAME], S/o. [NAME], residing at [ADDRESS], aged about [AGE] years, hereinafter referred to as “OWNER” of the ONE PART and [NAME], S/o [NAME], residing at [ADDESS], aged [AGE] years, hereinafter referred to as „TENANT‟ of the OTHER PART. The terms OWNER and TENANT shall mean and include their respective heirs, executors, administrators, legal representatives, successors, and assigns of their part as parties wherever context admits it and includes the same. WHEREAS the OWNER is the sole and absolute owner residential property which is more fully described SCHEDULE hereunder and at the enjoyment of the owner. of in the the ………………….…………………… TENANT ……………………………………. OWNER 07. …………………. the Security Deposit amount will not carry any interest and this amount fully refundable to TENANT by OWNER while termination of this agreement after deducting arrears of dues of TENANT such as electricity Bill. The said deposit shall not carry any interest at the time of refund. good tenantable condition house property to OWNER at the time of termination of this agreement of rent. 04.WHEREAS the TENANT for want of residential purpose approached the owner to let out the same on a monthly rental basis and. OWNER . If not renewed on the 11th month. 03. The term of this agreement of rent commence from [DATE] and it will remain in force a period of 11 months. The TENANT shall pay the OWNER a sum of [AMOUNT] on or before 5th of every succeeding English calendar month. the OWNER has agreed to let out the said premises under the following terms and conditions: 01. which is extendable for further period with the option of TENANT. 06. to view the conditions thereof and to effect such repairs as the OWNER is required to do. rent & etc. 02. During the term. damages. and to carry out any work and the TENANT shall allow the same to be done without any objection. with prior intimation. The TENANT is liable to hand over intact. this Rental Agreement shall stand invalid.…………………… TENANT ……………………………………. 05. The TENANT shall pay the Electricity Charges in respect of the rented property during the period of rental agreement before the due dates specified by the TNEB. 08. The TENANT is liable to allow the OWNER or his representatives to inspect the house premises at any reasonable hour. The TENANT has paid this day a sum of [AMOUNT] being Security Deposit by cash on which the receipt of the same is herewith acknowledged by the OWNER. in the daytime. The TENANT shall not sub-let or under let or part with the possession of the schedule premises with any other third party without the consent of the OWNER. . …………………. 13. Municipal Taxes and other taxes and outgoing both present and future in respect of the rented property up to date and ensure uninterrupted occupation by the TENANT during the period of rental agreement. 15. 11. The TENANT shall not do any act or deed in contravention to any Government acts. 16. such damages will be borne by the TENANT OR such charges will be deducted from the security deposit amount The OWNER shall pay the Urban Tax.…………………… TENANT ……………………………………. damaged by the TENANT and all expenses for the maintenance of these items shall be borne by the TENANT. OWNER .. 18. 10.09. 12. 17. fixtures and appliances in the rented property with the consent of the OWNER and shall be liberty to remove them while vacating the rented property without causing damage to the construction and walls. The TENANT shall not create any untoward disturbance or nuisance and shall not allow any anti-social person in the said premises. If any damages occurred due to the negligence of the TENANT. Either the parties shall give 3 months prior notice at the time of vacating the premises. 14. On termination of this rental agreement the TENANT shall hand over vacant possession of the rented property along with the permanent fixtures listed to the OWNER in good condition only. electrical installments etc. or conditions or rules imposed by any local bodies like the corporation. The TENANT shall not make any structural additions or alteration to the rented property. The TENANT shall replace at their cost all the fittings. CMDA etc. The TENANT shall be entitled to fix temporary fittings. The TENANT shall not keep or store any illegal inflammable article or explosives that endanger life and property. rules & regulations. …………………. ……………………………………………………. ……………………………………………………. ……………………………………………………. It witness whereof the parties above named have set their hands and signature on this [DATE] written at Chennai in the presence of witnesses. ……………………………………………………. ……………………………………………………. 2 ………………………………………………………… Signature NAME ADDRESS : : ……………………………………………………. Hall. two Bathroom & toilets with Electricity and water facilities. consisting of Two Bed rooms.SCHEDULE The premises of Rent Portion in the First/Second/Ground Floor of [ADDRESS]. Kitchen.…………………… TENANT ……………………………………. OWNER WITNESSES 1 ………………………………………………………… Signature NAME ADDRESS : : ……………………………………………………. . …………………………………………………….
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