Rental Agreement
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agreement
LEASE DEED
  1. Property Address:

  2. Rent: Rs per month from

  3. Period of Lease: Years (Starting from )

  4. Security Amount: Rs

This Lease Deed/Rent Agreement is executed

Between

Mr./Mrs. (Hereinafter called the Lessor No. 1 and/ or the First Party)

And

Mr./Mrs. (Hereinafter called the Second Party)

Whereas the Lessor(s) are jointly the lawful owners in possession of the premises located at (hereinafter called the 'demised premises'). The expression Lessor(s) and Lessee shall mean and include their respective heirs, successors, representatives, and assignees.

The Lessor(s) and Lessee both represented that they are legally competent to enter into this Lease Agreement on the terms conditions contained herein.

  1. That the second party shall pay the monthly rent of Rs in respect of the demised premises located at The rent shall be paid per month in advance through advance rental on or before the9day of each English calendar month to each of Lessor(s) / First Party in the proportion as agreed by the First Party amongst themselves.

  2. That the second party has deposited a sum of Rs as interest free refundable security deposit, which will be refunded (Interest Free) by the First Party at the time of vacating the demised premises after deducting any outstanding rent, electricity, water (unless electricity and water charges if to be borne by lessor(s)), sewerage and maintenance charges, bills, etc., if any, which are payable by the Lessee at the time of vacating the demised premises. Lessor(s) shall have the right to adjust all the dues including but not limited to rent, maintenance, electricity, water, sewerage, etc. of the notice period from the Refundable Security deposit except the electricity and water charges if to be borne by Lessor(s).

  3. That in case any damage is caused by the LESSEE to the aforesaid premises, fixtures, fittings, etc.(except normal wear and tear), the LESSEE shall be liable to make good the same to ensure that those is restored in the same condition as they were at the time of signing of this lease other than the changes made by the LESSEE with the consent of the LESSOR(S). In case of LESSEE fails to do so, LESSOR(S) shall be entitled to deduct the costs of doing the same from the interest free security deposit.




Signature of the First Party
Signature of the Second Party