Friday, June 10, 2011

Rent Agreement Format for all purpose


RENT - AGREEMENT

This Rent-Agreement is made and executed at the place of Delhi on Dt. 08-Apr-10 between Sh. ................................... S/o. ............................ R/o. H.No. - ................................, Delhi-95, hereinafter to be referred as the Landlord/First Party,

AND

Sh. .............. S/o ............... R/o. H.No. - ..., Front/First Room, Ground Floor,.........., Delhi-95, hereinafter to be referred as Tenant/Second Party.

Whereas, the First Party is the Exclusive Owner and in lawful possession of entire property bearing number as H.No. - ..............................................................., Delhi-95.

Whereas at the request of the Second Party, the First Party has agreed to let out his Front/First Room of the Ground Floor of the abovesaid property to the Second Party, on the following terms and conditions:

1. THAT, the landlord is in position to share the abovesaid property for short term renting and tenant is agreeable to accept the same for residential purposes.

2. THAT, period of renting agreed by both the parties in the first instance is with effect from Dt. 8-Apr-2010 to 7-March-2011 for the period of eleven months of tenancy and the same can be renewed further with mutual consent of the parties in writing, however it is also being mutually agreed between the parties that if there the said term is not being extended in writing then the first party has given its expressed consent to extend the same for a minimum period of three months.

3. THAT, rent as per the mutual consent and settlement between/of the parties is fixed Rs. 2,600/- (Rupees Two Thousand Six Hundred Only) per month plus the Electricity charges, as may be agreed alongwith the water charges which shall be 50% of the water Bill and the same is payable in advance from the starting month and continuously payable on or before 10th of every English calendar month.

4. THAT, the first party has delivered the vacant possession of the said Front/First Room in the ground floor with fully fitted fixtures, fans, lights, or moveable items of said property and the First Party has received/occupied the same.

5. THAT, the rented premises will be occupied and used by the tenant only for the purpose of residence and as the Second Party are the professionals, so as per the building bye-laws, they may use 30% of the said property for running their professional office/s etc.

6. THAT, the tenant shall keep the rented Front/First Room premises in good sanitary conditioned and the same shall be used in keeping/complying the prevailing rules/regulations/bye-laws of Delhi Municipal Corporation/NDMC/DDA. Etc.

7. THAT, the tenant without any prior consent of landlord will do no additions/alterations of any kind in the rented premises.

8. THAT, the landlord may inspect the rented premises at any reasonable hours / period of the working days only in the presence of the male members of the family of Second Party.

9. THAT, the First Party shall have a right to terminate the present agreement at any time after serving Second Party a three month prior notice of the same in writing and the same is applicable with the Second Party.

IN WITNESS WHERE OF: the parties to the present agreement, have set their respective hands on the Day, Month and Year, mentioned/Written First above.

WITNESSES :

LAND-LORD/FIRST PARTY

(.............................................)

1. Name & Address:

TENANT/SECOND PARTY

(....................................)

2. Name & Address:

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