RENTAL AGREEMENT

This RENTAL AGREEMENT is executed at (PLACE) on this (Date) day of (Month),

(Year) by and between:

(Name of the Owner),

S/o or D/o. (Father’s Name of the Owner),

(Permanent Address of the Owner)

(hereinafter jointly and severally called the “OWNER”, which expression shall
include their heirs, legal representatives, successors and assigns) of the ONE PA
RT:

AND, in favour of:

(Name of the Tenant),

S/o or D/o. (Father’s Name of the Tenant),

Working/Studying at (Address of the Office/Studying Institution)

having a permanent address at Complete permanent Address of the Tenant

(hereinafter called the “TENANT”, which expression shall include its legal rep
resentatives, successors and assigns) of the OTHER PART.

WHEREAS the Owner is the absolute owner of the property situated at (Complet
e Address of the Rented Property) as detailed in Annexure-I, hereinafter referre
d to as "Demised Premises".

WHEREAS the Tenant has requested the Owner to grant Rent with respect to the
Schedule Premises and the Owner has agreed to rent out to the Tenant the Prope
rty with two-wheeler and four-wheeler parking space in the ground floor for resi
dential purposes only, on the following terms and conditions:

NOW THIS DEED WITNESSETH AS FOLLOWS:

1. The rent in respect of the “Demised Premises” shall commence from (Starti
ng Date of Agreement) and shall be valid till (Expiry Date of Agreement). Therea
fter, the same may be extended further on mutual consent of both the parties.

2. That the Tenant shall pay to the Owner a monthly rent of Rs.(Amount of rent i
n Numbers), excluding electricity and water bill. The rent shall be paid on or bef
ore 7th day of each month without fail.

3. That the Tenant shall pay to the Owner a monthly maintenance charge of Rs.
(Amount in Numbers) towards the maintenance of Generator & Elevator, Salarie
s towards guards, Charges for Electricity Maintenance for Common Areas, Char
ges towards cleaning of Common Areas and towards maintaining the lawn.

4. That the Tenant shall pay for the running cost of elevator and generator separ
ately to the Owner.

5. That during the Rent period, in addition to the rental amount payable to the O
wner, the Tenant shall pay for the use of electricity and water as per bills receiv
ed from the authorities concerned directly. For all the dues of electricity bills an
d water bills till the date the possession of the premises is handed over by the O
wner to the Tenant it is the responsibility of the Owner to pay and clear them ac
cording to the readings on the respective meters. At the time of handing over po
ssession of the premises back to the Owner by Tenant, it is the responsibility of t
he Tenant to pay electricity & water bills, as presented by the Departments conc
erned according to the readings on the respective meters upto the date of vacati
on of the property.

6. The Tenant will pay to the Owner an interest-free refundable security deposit
of Rs.(Amount in Numbers) vide cheque no (Cheque Number) dated (date of the
cheque) at the time of signing the Rent Agreement. The said amount of the Secu
rity deposit shall be refunded by the Owner to the Tenant at the time of handing
over possession of the demised premises by the Tenant upon expiry or sooner te
rmination of this Rent after adjusting any dues (if any) or cost towards damages
caused by the negligence of the Tenant or the person he is responsible for, norm
al wear & tear and damages due to act of god exempted. In case the Owner fails t
o refund the security deposit to the Tenant on early termination or expiry of the
Rent agreement, the Tenant is entitled to hold possession of the Rented premise
s, without payment of rent and/or any other charges whatsoever, till such time t
he Owner refunds the security deposit to the Tenant. This is without prejudice a
nd in addition to the other remedies available to the Tenant to recover the amou
nt from the Owner.

7. That all the sanitary, electrical and other fittings and fixtures and appliances i
n the premises shall be handed over from the Owner to the Tenant in good work
ing condition.

8. That the Tenant shall not sublet, assign or part with the demised premises in
whole or part thereof to any person in any circumstances whatsoever and the sa
me shall be used for the bonafide residential purposes only.

9. That the day-to-day minor repairs will be the responsibility for the Tenant at h
is/her own expense. However, any structural or major repairs, if so required, sh
all be carried out by the Owner.

10. That no structural additions or alterations shall be made by the Tenant in the
premises without the prior written consent of the Owner but the Tenant can inst
all air-conditioners in the space provided and other electrical gadgets and make
such changes for the purposes as may be necessary, at his own cost. On termina
tion of the tenancy or earlier, the Tenant will be entitled to remove such equipm
ent and restore the changes made, if any, to the original state.

11. That the Owner shall hold the right to visit in person or through his authoriz
ed agent(s), servants, workmen etc., to enter upon the demised premises for ins
pection (not exceeding once in a month) or to carry out repairs / construction, a
s and when required.

12. That the Tenant shall comply with all the rules and regulations of the local a
uthority applicable to the demised premises. The premises will be used only for
residential purposes of its employees, families and guests.

13. That the Owner shall pay for all taxes/cesses levied on the premises by the lo
cal or government authorities in the way of property tax for the premises and so
on. Further, any other payment in the nature of subscription or periodical fee to
the welfare association shall be paid by the Owner.

14. That the Owner will keep the Tenant free and harmless from any claims, pro
ceedings, demands, or actions by others with respect to quiet possession of the
premises.

15. That this Rent Agreement can be terminated before the expiry of this tenanc
y period by serving One month prior notice in writing by either party.

16. The Tenant shall maintain the Demised Premises in good and tenable conditi
on and all the minor repairs such as leakage in the sanitary fittings, water taps a
nd electrical usage etc. shall be carried out by the Tenant. That it shall be the res
ponsibility of the Tenant to hand over the vacant and peaceful possession of the
demised premises on expiry of the Rent period, or on its early termination, as st
ated hereinabove in the same condition subject to natural wear and tear.

17. That in case, where the Premises are not vacated by the Tenant, at the termi
nation of the Rent period, the Tenant will pay damages calculated at two times t
he rent for any period of occupation commencing from the expiry of the Rent pe
riod. The payment of damages as aforesaid will not preclude the Owner from ini
tiating legal proceedings against the Tenant for recovering possession of premis
es or for any other purpose.

18. That both the parties shall observe and adhere to the terms and conditions c
ontained hereinabove.

19. That the Tenant and Owners represent and warrant that they are fully empo
wered and competent to make this Rent. That both the parties have read over an
d understood all the contents of this agreement and have signed the same witho
ut any force or pressure from any side.

20. In case of any dispute to this agreement and the clauses herein, the same wil
l be settled in the jurisdiction of the (city) civil courts.
21. That the Rent Agreement will be registered in front of the Registrar and the c
harges towards stamp duty, court fee & lawyer/coordinator will be equally borne
by the Owner and Tenant.

ANNEXURE-I

The (Complete Address) of the Property, consisting (Number of Bedrooms) bedr

ooms, living room, family lounge, kitchen, servant room and inbuilt fittings & fi
xtures and inventory of (Number of Fans), (Number of CFL Lights), (Number of
Geyser), (Number of Mirrors).

IN WITNESS WHEREOF BOTH PARTIES AGREES AND SIGNS THIS AGREEME

NT ON THIS DAY AND YEAR

WITNESSES:

1. (Name of the Witness)

(Signature of the Witness)

(Address of the Witness)

2. (Name of the Witness)

(Signature of the Witness)

(Address of the Witness)

(Signature of the Owner) (Signature of the Tenant)

(Name of the Owner) (Name of the Tenant)

OWNER TENANT