RENT AGREEMENT
RENT AGREEMENT
E Stamp Certificate No: - ____________________________
This Rent Agreement is made and executed at Ghaziabad on this 31-07-2023 between Avish Jain S/o Mr. Ravi Kumar Jain R/O TF-3, 202 Niti khand 1 Indirapuram Ghaziabad here in after called the Lessor / Owner of one part.
AND
S S Coworking Through Partner Sidhant Arora S/o Surender kumar R/O 148 Niti khand 2 Indirapuram Ghaziabad (here in after called the Lessee/ Tenant of the other part).
The expression Lessor and Lessee will mean and include their heirs, successors, executors, administrators and assigns.
Whereas the Lessor is the owner and in possession Eros Mall Shop Number 1, Shakti khand 2 Indirapuram Ghaziabad here in after referred to as the demised premises and is desirous of letting out the said flat/ shop to the Lessee and the Lessee is ready and willing to take the same on rent from the Lessor on the terms and conditions herein contained.
Now, therefore, it is mutually agreed between the parties as under:
1. That the monthly rent agreed between both the parties is Rs.22000.00 (Twenty Two Thousand Rupees Only) which shall be paid by the second party to the first party by the 7th Day of each Month.
2. That the first party has received a sum of Rs.22000.00 (Twenty Two Thousand Rupees Only) in cash/ chq from the second party as a security which will be refunded without interest at the expiry of tenancy period or when the property will be vacated after deduction of dues breakage etc. in case any party wants to vacate the premises without prior one month notice they shall be liable to pay one month rent.
3. That the tenancy has commenced from 28-07-2023 to 01-06-2024 for a period of 11 Months.
4.That the second party shall not make any additions or alteration in the said premises without permission of the first party.
5. That the second party shall use the said premises only for Residential purpose.
6.That the first party can visit the said premises at reasonable hours.
7. That the maintenance charges, water & electric charges shall be paid regularly and timely by the second party at present reading ---
8. That after the expiry of tenancy period, the second party will hand over the vacant and actual possession of the said property to the first party in smooth manner and peace full manner.
9. If both the party agrees, tenancy period shall be extended for further 11 months by increasing 10% rent after expiration of this agreement.
10.That in case the first party wants to evict the said premises prior to the completion of tenancy period, then the first party will give one month prior notice to the second party and if the second party wants to vacate the said premises prior to the completion the tenancy period, then the second party will also give one month prior notice or a month rent to the first party.
11.That the second party shall keep all fixtures and fitting in good condition.
12.That the first party shall not be responsible for any incident in the premises during the tenancy period.
13.In case the rent is not paid timely for consecutive two month’s shall be liable to vacate the premises immediately.
In witnesses whereof the Lessor and the Lessee have put in their respective signatures to this Agreement on the date and year first above written in the presence of the following witnesses:
Witnesses:
LESSOR:___________
(LESSOR / OWNER)
LESSEE: ___________
(LESSEE / TENANT)
RENT AGREEMENT
E Stamp Certificate No: - ____________________________
This Rent Agreement is made and executed at , on this between here in after called the Lessor / Owner of one part.
AND
(here in after called the Lessee/ Tenant of the other part).
The expression Lessor and Lessee will mean and include their heirs, successors, executors, administrators and assigns.
Whereas the Lessor is the owner and in possession here in after referred to as the demised premises and is desirous of letting out the said flat/ shop to the Lessee and the Lessee is ready and willing to take the same on rent from the Lessor on the terms and conditions herein contained.
Now, therefore, it is mutually agreed between the parties as under:
1. That the monthly rent agreed between both the parties is .00 Rupees Only) which shall be paid by the second party to the first party by the 7th Day of each Month.
2. That the first party has received a sum of .00 Rupees Only) in cash/ chq from the second party as a security which will be refunded without interest at the expiry of tenancy period or when the property will be vacated after deduction of dues breakage etc. in case any party wants to vacate the premises without prior one month notice they shall be liable to pay one month rent.
3. That the tenancy has commenced from to for a period of 11 Months.
4.That the second party shall not make any additions or alteration in the said premises without permission of the first party.
5. That the second party shall use the said premises only for purpose.
6.That the first party can visit the said premises at reasonable hours.
7. That the maintenance charges, water & electric charges shall be paid regularly and timely by the second party at present reading
8. That after the expiry of tenancy period, the second party will hand over the vacant and actual possession of the said property to the first party in smooth manner and peace full manner.
9. If both the party agrees, tenancy period shall be extended for further 11 months by increasing 10% rent after expiration of this agreement.
10.That in case the first party wants to evict the said premises prior to the completion of tenancy period, then the first party will give one month prior notice to the second party and if the second party wants to vacate the said premises prior to the completion the tenancy period, then the second party will also give one month prior notice or a month rent to the first party.
11.That the second party shall keep all fixtures and fitting in good condition.
12.That the first party shall not be responsible for any incident in the premises during the tenancy period.
13.In case the rent is not paid timely for consecutive two month’s shall be liable to vacate the premises immediately.
In witnesses whereof the Lessor and the Lessee have put in their respective signatures to this Agreement on the date and year first above written in the presence of the following witnesses:
Witnesses:
LESSOR:___________
(LESSOR / OWNER)
LESSEE: ___________
(LESSEE / TENANT)
RENT AGREEMENT
E Stamp Certificate No: - ____________________________
This Rent Agreement is made and executed at , on this between here in after called the Lessor / Owner of one part.
AND
(here in after called the Lessee/ Tenant of the other part).
The expression Lessor and Lessee will mean and include their heirs, successors, executors, administrators and assigns.
Whereas the Lessor is the owner and in possession here in after referred to as the demised premises and is desirous of letting out the said flat/ shop to the Lessee and the Lessee is ready and willing to take the same on rent from the Lessor on the terms and conditions herein contained.
Now, therefore, it is mutually agreed between the parties as under:
1. That the monthly rent agreed between both the parties is .00 Rupees Only) which shall be paid by the second party to the first party by the 7th Day of each Month.
2. That the first party has received a sum of .00 Rupees Only) in cash/ chq from the second party as a security which will be refunded without interest at the expiry of tenancy period or when the property will be vacated after deduction of dues breakage etc. in case any party wants to vacate the premises without prior one month notice they shall be liable to pay one month rent.
3. That the tenancy has commenced from to for a period of 11 Months.
4.That the second party shall not make any additions or alteration in the said premises without permission of the first party.
5. That the second party shall use the said premises only for purpose.
6.That the first party can visit the said premises at reasonable hours.
7. That the maintenance charges, water & electric charges shall be paid regularly and timely by the second party at present reading
8. That after the expiry of tenancy period, the second party will hand over the vacant and actual possession of the said property to the first party in smooth manner and peace full manner.
9.It is hereby understood and agreed by the Lessor and Lessee that the “Lock – in – period” for this Lease shall be a period of 6 Months. In case the Lessee vacates the Leased premises earlier than the expiry of lock-in period, his security deposit will be forfeited.
10. If both the party agrees, tenancy period shall be extended for further 11 months by increasing 10% rent after expiration of this agreement.
11.That in case the first party wants to evict the said premises prior to the completion of tenancy period, then the first party will give one month prior notice to the second party and if the second party wants to vacate the said premises prior to the completion the tenancy period, then the second party will also give one month prior notice or a month rent to the first party.12. That the second party shall keep all fixtures and fitting in good condition.
13.That the first party shall not be responsible for any incident in the premises during the tenancy period.
14.In case the rent is not paid timely for consecutive two month’s shall be liable to vacate the premises immediately.
In witnesses whereof the Lessor and the Lessee have put in their respective signatures to this Agreement on the date and year first above written in the presence of the following witnesses: