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Shop Rent-Tenancy Agreement

This Tenancy Agreement is between Mr. Khalid Aziz (Landlord) and Mr. Mohsin Raza Shah (Tenant) for a shop located at House No. A-22/1, Karachi, for a period of 11 months starting from July 10, 2022. The monthly rent is set at Rs. 20,000, with a security deposit of Rs. 60,000, and the tenant is required to use the premises exclusively for Engineering Services. The agreement includes terms regarding payment, maintenance, and conditions for renewal or termination.
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0% found this document useful (0 votes)
146 views4 pages

Shop Rent-Tenancy Agreement

This Tenancy Agreement is between Mr. Khalid Aziz (Landlord) and Mr. Mohsin Raza Shah (Tenant) for a shop located at House No. A-22/1, Karachi, for a period of 11 months starting from July 10, 2022. The monthly rent is set at Rs. 20,000, with a security deposit of Rs. 60,000, and the tenant is required to use the premises exclusively for Engineering Services. The agreement includes terms regarding payment, maintenance, and conditions for renewal or termination.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 4

TENANCY AGREEMENT

THIS TENANCY AGREEMENT is entered at Karachi this _____ day of


July _______.

By and Between
MR. KHALID AZIZ S/O AZIZ ULLAH, Muslim, Adult Holding CNIC
No. 42301-9287101-1, Resident of House No. A-22/1, Near
Bismillah Masjid, MT Khan Road, Sultanabad, Karachi West,
Karachi (hereinafter referred to as the Land Lord of the of the one
part)

And
MR. MOHSIN RAZA SHAH S/O. SYED MALOOK SHAH, Muslim,
Adult Holding CNIC #. 43207-1454596-7, Resident of
________________________________________ (hereinafter referred to as the
Tenant of the other part)

WHEREAS
a) The above mentioned landlord is the absolute owner of piece and
parcel of land bearing House No. A-22/1, Near Bismillah Masjid,
MT Khan Road, Sultanabad, Karachi West, Karachi.

b) The Tenant has approached the landlord with a request to allow the
tenant to occupy and use the said Shop for carrying in his Engineering

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Services, on leave and license on tenancy basis for the period of 11
months.

c) The landlord has agreed to grant leave and license on tenancy basis
to the tenant to occupy and use the said Shop on the following term
and conditions agreed to between the parties hereto:

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NOW IT IS AGREED BY AND BETWEEN THE PARTIES HERE
TO AS FOLLOWS:

1. The landlord hereby grants leave and license on tenancy basis to


the tenant occupy and use the said shop for a period of eleven
month commencing from 10th day of July 2022.

2. The tenant has paid/deposited a sum of Rs. 60,000/- (SIXTY


THOUSAND ONLY) as surety/deposit/advance of the said shop.

3. That the rent of the said shop shall be a sum of Rs. 20,000/-
(TWENTY THOUSAND ONLY) per month, excluding Electricity,
telephone, maintenance charges and rent will be increase 10%
after every renewal of this agreement.

4. That the second party shall use the said premises exclusively for
Engineering Services Business and will not store any hazardous
article, which may exclusive.

5. That the fixed deposit shall be refund to the tenant at the time of
handing over vacant possession of the said shop by deduction
dues or arrears if any on account of wear and tear or any damage
of loss to said shop.

6. That the Electricity, telephone, maintenance charges shall be


paid regularly by the tenant every month without fail and paid
vouchers will be produce to the landlord.

7. That the tenant shall not sub-let the said shop thereof to anybody
else under any circumstances.

8. That the tenant shall not make any kind of addition, alteration or
change in present structure of the shop.

9. That the tenant shall remain valid for the period of 11 months
commencing from 10-07-2022 and expiring on 11-06-2023 or
unless it is dissolved.

10. That this is subject to renewal with consent of both parties of not
the tenant shall have to vacate and handover possession of the
said shop to the landlord.

11. That both the parties shall give one month period in written
notice to get the said shop vacate.

12. That if the tenant fails to pay the monthly rent for consecutive
period of two months the landlord shall entitled to eject the
tenant by serving a period notice of one month on the tenant.

13. That the tenant shall pay monthly rent by the 15 th day of every
English calendar month positively.

IN WITNESSES WHEREOF both the parties have here up the set


and subscribed their respective hands to this agreement at Karachi on
the day, moth and year above mentioned.

------------------------- -------------------------
-------

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LANDLORD
TENANT

WITNESSES:
Signature______________________ Signature__________________
Name: ______________________ Name:____________________
CNIC: ______________________ CNIC:____________________
Address: ______________________ Address:__________________
______________________ __________________

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