SBR Rental Agreement
SBR Rental Agreement
SBR Rental Agreement
Whereas the LESSOR agrees to let and the LESSEE agrees to take all that
schedule mentioned property for residential purpose only.
4. If the LESSEE is failed to repay the rent amount consequently two months
the LESSOR has right to terminate the rental agreement and take
possession immediately.
5. The LESSEE further accepts to pay the electricity charges as permeter
reading, and water charges by monthly during the period. The LESSOR
shall pay the property tax to the schedule mentioned property.
6. The rent shall be increased 5% on the prevailing rent at the end of every
11 (Eleven) months if the Rent is renewed by mutual and express consent
between both the parties.
8. The LESSEE agrees at the time of vacating the premises he will get back
the advance amount of Rs. _______________/- (Rupees _____________ Only)
without any interest and also no further amount will be claimed from the
LESSOR. If any damages in the building at the time of handing over the
premises to the LESSOR, The LESSEE will agree to deduct the amount
from the advance amount and the balance amount will be refunded by
the LESSOR.
9. The LESSEE agrees and assures that the schedule mentioned property at
no point under any circumstances would used for any other activities
excepting the residential purpose.
10. The LESSEE agrees not to sub Rent the property to any third party, the
LESSEE further agrees to maintain the property in good condition as it is
now.
11. The LESSEE agrees that at the time of vacating the premises he would
paint the said premises and handed over the possession to the LESSOR.
12. After the expiry of the Rental agreement if LESSOR and LESSEE both
mutually agreed, and put fresh agreement at that time or the LESSEE will
handed over the possession to the LESSOR immediately.
13. This agreement is prepared in original with LESSOR and Xerox copy with
LESSEE shall retain one copy with them.
15. The LESSEE In the apartments should responsible for any water/ waste
water / Septic Tank unloadings. All the LESSEE share and have to
maintain it by their risks.
SCHEDULE OF PROPERTY
No.41, Shree Bhuwneswari Raksha Apartment, 14th Cross Street, New Thillai
Nagar, Vadavalli, Coimbatore – 641 041.
In witness thereof, the LESSOR and LESSEE have hereunto set their hands affix
their signatures to this agreement in the presence of the following witnesses.
LESSOR LESSEE
Witnesses :-
1.
2.