Rental Agreement Peace Road House (Draft)-1
Rental Agreement Peace Road House (Draft)-1
Rental Agreement Peace Road House (Draft)-1
BETWEEN
JYOTI PAUL Wife of Haripada Paul, R/o Flat No. 2B, Geeta Shree Apartment,
Peace Road, P.S. Lalpur, Dist. Ranchi – 834001, Jharkhand, Hereinafter referred to
as LESSOR (OWNER) of the other one part. Her PAN No. : BMHPP5242D and
AADHAR No. : 7346 9369 4056
AND
Whereas the LESSOR is the absolute owner of premises at Bye Lane, Peace Road
,New Colony Road no. 3,P.S.- Lalpur, Lalpur, Dist. Ranchi, State- Jharkhand.
The LESSEE has requested the LESSOR to let out the above premises on rental,
for which the LESSOR has agreed on the following terms and conditions :-
3. The LESSEE will use the premises only for residential purpose.
4. The LESSEE will keep the premises in good condition and will not sublet
the same to any third party.
5. The LESSEE will pay the monthly rent on or before 5th of every English
calendar month.
7. The LESSEE will pay electricity charges as per the meter reading every
month.
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8. Either party will give one month advance notice for vacating the premises
9. If the lease period is extended, the lessee will pay 5% enhanced rent during
the extended period.
10.If LESSEE does not pay the rent continuously for two months, the LESSOR
will have the right to evict the Lessee without any notice.
11.At the time of vacating the premises, if there are any arrear of rent,
electricity charges or if any damages causes by the LESSEE to the premises/
fixtures /fitting such amount will be payable by the LESSEE.
12.The LESSEE will allow the Lessor to inspect the premises at intervals. The
Lessee has deposited 13,500/- (Thirteen Thousand Five Hundred Only) as
security deposit.
13.The LESSEE will be solely and fully responsible for any illegal and immoral
action in the given premises.
14.Guest of extra members are not allowed more than three days without
lessor’s permission.
15.The lessee is permitted to use and occupy only the ground floor of the
premises.
16.The front verandah shall be designated as a shared space, accessible for use
by both the first floor tenant and the ground floor tenant, subject to mutually
agreed-upon guidelines to ensure its proper maintenance and respectful
usage.
1.