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Rental Agreement Peace Road House (Draft)-1

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RENTAL AGREEMENT

This rental agreement is made and executed on this of 10-10-2024 at Ranchi

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

GARIMA BHARADWAJ D/o Rashmikant Ojha , R/o Satyadeo Mishra, House


no. 247 C, East Indira Nagar, Reliance Tower, Lohiya Nagar, Sampatchak , Patna,
Bihar, ,800020 hereinafter referred to as LESSEE (TENANTS) of the other PART
WITNESS. Her PAN No. : EESPB8092F and AADHAR No. : 3796 7407 8994.

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 :-

1. That lease is for a period of 11 (eleven) months effectives from 10-10-2024


to 09-09-2025.
2. The LESSEE has agreed to pay Rs. 13,500/- (Thirteen Thousand Five
Hundred Only) as monthly rent.

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.

6. The LESSEE will pay the monthly maintenance amount as decided by


society.

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.

Witnesses :- Signature of LESSOR (OWNER)

1.

2. Signature of LESSEE (TENANT)

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