Sample Rent Agreement Partnership

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RENT AGREEMENT

This Agreement is executed at ______________ on this ___ day of _______, 20__


BETWEEN

……………………………………………………………. A partnership firm having its


principal place business at ……………………………………………………..….………..
………………………………………………………………………………………...………..
Through its partner ……………………………. S/o ………….……………………...……
Resident of ………………………………………………………………………………...….
………………………………………………………………………………………………….,
hereinafter called the Tenant which expression shall include its successors,
executor, administrators, nominees, and the assignee.

AND

………………….……………., S/o ………………………………….., R/o ………………..


…………………………………………………………………………..., hereinafter called
the Landlord which expression shall include his legal heirs, executor, administrators,
nominees successors, and the assignee.

Whereas:-

1. The Landlord is the absolute owner of the commercial space situated at


……………………………………………………………….………………………….

2. The Tenant approached the landlord for letting out the aforesaid said
premises for commercial use by him and his proprietorship firm, to which the
second party has consented to rent out the said premises to the tenant on the
terms and conditions as set forth in the following paragraphs.

NOW THIS AGREEMENT WITNESSETH AS UNDER:-

1. That the tenancy shall commence from …………………... to


……………………….. i.e. for a period of 11 months.

2. That the first party shall pay the monthly rent on or before the 1 st day of each
English Calendar Month and shall use the shop only for Commercial Purpose
Only.

3. That the rent of the said premises is Rs………./- (..........................) per month
excluding electricity, water and maintenance charges, which shall be payable
by the second party on the actual basis.
4. That in case if the second party wants to get the said premise vacated or the
first party wants to vacate the said premise at his own will before the expiry
period of this rent agreement, one month's written notice will be served by
either party. If the first party fails to provide one month written notice, he shall
be liable to pay a monthly rental of Rs. ___________/- for the month or the
part of the month.

5. That the tenant shall not sublet any part of the above-said premises to anyone
else under any circumstances without the written consent of the second party.

6. That the first party will not make any addition or alteration in the existing
rented structure without the written permission of the second party.

7. That in case of minor repair of electricity / sanitary fittings etc. the cost of
repairs will be borne by the first party and the major repairs will be borne by
the second party.

8. That the Tenant shall keep the said premises in clean & hygienic condition
and shall not do or causes to be done any act, of a nuisance to other.

9. That the Tenant shall use the above-said premises for Commercial Purpose
Only.

10. That in case the first party fails to comply with the above terms and conditions
the second party shall have the rights to take the possession of the said
premises without giving any notice on the same day.

IN WITNESS WHEREOF, both the parties signed this Rent Agreement at


__________on the day, month and year mentioned above in the presence of the
following witnesses: -

WITNESSES

1.
……………………..
FIRST PARTY

……………………..
SECOND PARTY
2.

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