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Rental Agreement Bangalore

This rental agreement is between Ms. Ashwathamma and Ms. Philia Bandya Baija for a residential property located in Bangalore. Key details include: - Philia pays a security deposit of Rs. 40,000 and will pay monthly rent of Rs. 6,750 by the 10th of each month. - The initial term of the rental agreement is for 11 months from June 15, 2013. - The security deposit will be returned at the end of the agreement after deducting any dues owed by the tenant such as electricity bills or damages. - The tenant is responsible for maintenance and returning the property in good condition at the end of the agreement.

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Venkatakrishnan Natchiappan
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1K views3 pages

Rental Agreement Bangalore

This rental agreement is between Ms. Ashwathamma and Ms. Philia Bandya Baija for a residential property located in Bangalore. Key details include: - Philia pays a security deposit of Rs. 40,000 and will pay monthly rent of Rs. 6,750 by the 10th of each month. - The initial term of the rental agreement is for 11 months from June 15, 2013. - The security deposit will be returned at the end of the agreement after deducting any dues owed by the tenant such as electricity bills or damages. - The tenant is responsible for maintenance and returning the property in good condition at the end of the agreement.

Uploaded by

Venkatakrishnan Natchiappan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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RENTAL AGREEMENT This Rental Agreement made and executed at Bangalore on FIFTEENTH DAY of JUNE, TWO THOUSAND THIRTEEN

(15/06/2013) by and between: Ms. Ashwathamma, residing at #89 A, !th cross, "ra#ashnagar, Bangalore$ %&&'(, )ereina*ter re*erred to as the +,-.R +/ T). +-. "ART. AND Ms. 0hil1a -andya -ai#a, residing at #89 B, !th cross, "ra#ashnagar, Bangalore$ %&&'(, )ereina*ter re*erred to as the T.-A-T +/ the +T).R "ART.

The terms +,-.R and T.-A-T shall mean and include their res1ecti2e heirs, executors, administrators, legal re1resentati2es, successors, and assigns o* their 1art as 1arties where2er context admits it and includes the same. ,hereas, the +,-.R is the sole and absolute owner o* the residential 1ro1erty which is more *ully described in the schedule hereunder and at the en3oyment o* the owner. ,hereas the T.-A-T *or want o* residential 1ur1ose a11roached the owner to let out the same on a monthly rental basis and, the owner has agreed to let out the said 1remises under the *ollowing terms and conditions. NOW THIS TENAN Y AGREEMENT WITNESSETH AS FOLLOWS! (. The T.-A-T has 1aid this day a sum o* Rs. 4&,&&&5$ 6Ru1ees /orty Thousand only7 being ad2ance by cash on which is the recei1t o* the same is herewith ac#nowledged by the owner. '. The Tenant shall 1ay a monthly rent o* Rs %,! &5$ 6Ru1ees 0ix Thousand 0e2en )undred and /i*ty only7 on or be*ore th o* e2ery .nglish calendar month. 8. The term o* this agreement o* rent commenced *rom /9R0T :A; +/ <=-. T,+ T)+=0A-: T)9RT..- 6&(5&%5'&(87 this agreement, it will remain in *orce a 1eriod o* (( months. 4. :uring the term the 0ecurity de1osit amount will not carry any interest and this amount *ully re*undable to T.-A-T by +,-.R while termination o* this agreement or rent a*ter deducting arrears o* dues o* T.-A-T such as electricity Bill, damages, rent > etc., thereon, to which both the 1arties in due course o* the term T.-A-T shall 1ay thereon to the concerned authority as and when it *alls due. 9n addition to that T.-A-T himsel* incurred normal wear and tear maintenance charges out o* his own cost and ris#. . T.-A-T is liable to hand o2er intact, good tenantable condition house 1ro1erty to +,-.R at the time o* termination o* this agreement o* rent. %. T.-A-T shall 1ay the .lectricity ?harges to the concerned authorities and #ee1 the bills intact. !. The T.-A-T shall not sub$let or under let or 1art with the 1ossession o* the schedule 1remises with any other third 1art without the consent o* the owner. 8. T.-A-T is liable to allow the +,-.R or his re1resentati2es to ins1ect the house 1remises. 9. .ither the 1arties shall gi2e ( months 1rior notice at the time o* 2acating the 1remises. (&. The T.-A-T shall 1ay to the owner an enhanced rent o* Rs @ *or e2ery year o2er and abo2e the then existing rental the end o* the lease 1eriod i* the lease were to be continued by *resh deed *or o2er (( months.

((. The T.-A-T shall 1aint the schedule 1remises, or such charges will be deducted *rom the security de1osit amount. 9* any damages occurred due to the negligence o* the T.-A-T, such damages will be borne by the T.-A-T +R such charges will be deducted *rom the security de1osit amount.

S HEDULE The 1remises bearing #89 B, !th cross, "ra#ashnagar, Bangalore$ %&&'( consisting o* Two Bed rooms, )all Aitchen, one Bathroom > toilet with .lectricity and water *acilities. 9n witness whereo* this agreement o* rent signed by 1arties, on the day, month and year abo2e mentioned. OWNER TENANT

WITNESSES 1"

2"

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