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Rent Agreement of House

This rent agreement is between Mr. Ahmed Ali, the owner of a house in Rawalpindi, and Mr. Gull Khan, who will rent the house. The agreement states that Mr. Khan will pay Rs. 30,000 per month to rent the house from May 22, 2022 to April 22, 2023. He also paid a Rs. 40,000 security deposit. The agreement outlines terms such as payment due dates, notice for vacating, prohibitions on modifications or subletting, and responsibilities for bills and damage. Both parties signed agreeing to the terms.
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0% found this document useful (0 votes)
2K views2 pages

Rent Agreement of House

This rent agreement is between Mr. Ahmed Ali, the owner of a house in Rawalpindi, and Mr. Gull Khan, who will rent the house. The agreement states that Mr. Khan will pay Rs. 30,000 per month to rent the house from May 22, 2022 to April 22, 2023. He also paid a Rs. 40,000 security deposit. The agreement outlines terms such as payment due dates, notice for vacating, prohibitions on modifications or subletting, and responsibilities for bills and damage. Both parties signed agreeing to the terms.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Rent Agreement of House

THIS TENANCY AGREEMENT is made at Rawalpindi on 22th May, 2022 between Mr. Ahmed Ali, son
of Mr. Mohsin Ali, holding CNIC 37405-00000000-1, is Muslim, Adult, Resident of Officer Colony
House No. 103 Street No. 7, Rawalpindi (hereinafter called as owner or first party).
AND
Mr. Gull Khan, son of Mr. Zaman Khan, holding CNIC 37405-33333333-1, is Muslim, Adult, Resident
of I-9/1 House No. 33 Street No.2, Islamabad (hereinafter called as tenant or lessee).

WHEREAS, the said first party is the absolute owner in possession of House No. 9, Street No. 50,
Mohallah Allabad Peshawar Road, Rawalpindi and has agreed to let out the said House on monthly rent
basis to the Tenant and Tenant has agreed on the same, with the following terms and conditions:

1. It is mutually agreed that the monthly lease rent shall be Rs. 30,000/-(Rupees Thirty Thousand
only) per month.
2. This Tenancy agreement shall commence from 22th May, 2022 to 22th April, 2022.
3. It shall be valid for the period of 11 months and can be renewed by mutual consent of the parties
to this agreement.
4. The rent of the above-stated House has been fixed which will always be paid in advance within
20-25th   day of every month, against a receipt in writing of a receipt thereof. Also a refundable
Security Deposit of Rs. 40,000/- (Rupees Forty thousand only) has been paid from the Second
Party to first party which is refundable at the time of vacation of the said House by the Second
Party adjusting therewith unpaid utility bills, unpaid monthly rent, etc., if any –
5. That one month’s notice from either party for the vacation of the said House is mandatory, e.g. if
Second Party wishes to vacate the said House and hand over to the First Party or the First Party
wishes to get the said House vacated from the Second Party.
6. That the Second Party is not allowed to make any sort of change in the structure of the House
without the written prior approval of the First Party.
7. That the Second Party will utilize the House only and only for the residential purposes within
framework of the law and rule of the Islamic Republic of Pakistan any illegal activity, detected
would tend to revocation of the instant Rent Agreement and the House will be got vacated from
Second Party without serving upon him any notice in writing.
8. That the Second Party will not sub-let the House wholly or partially.
9. That the Second Party will hand over the possession of the House back to the First Party in the
condition it was given to him. He will be fully responsible for repair or replacement of any wear
and tear in the House.
10. That the Second Party will be solely responsible for the payment of all sort of Utility Bills i.e.
Electricity, Gas, etc., and give back the paid bills to the First Party.
11. That breach of any of the above terms and conditions will tend to vacation of the House by the
Second Party without serving any kind of notice.

Now, therefore, this Tenancy Agreement has been drafted, read and understood by both the parties and
signed before the presents on the date, month and the year mentioned above.
Landlord –Fist Party Second Part-Tenant
Mr. Ahmed Ali Mr. Gull Khan
CNIC NO. 37405-00000000-1 CNIC NO. 37405-33333333-1

IN WITNESS WHEREOF, the parties hereto have executed this Tenancy Agreement on the first above
written.

WITNESS-1: Shahid khan


WITNESS-2: Bilal Ali

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