John - Rent Agreement 0001

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RENTAL. AGRE.

EMENT
THIS RENTAL AGREEMENT is made and executed on this the 15th day of February 2011 (15.02.2011) by and between: SRI. RAMAMURTHY, S/o. Late B. T. Srinivas, Residing at: Flat No. T-4, West Block, Sapthagiri Enclave, 5th Cross, Thayappa Garden, D. C. Halli Main Road, B. G. Road, Bangalore - 560 076. Hereinafter called the "OWNER/LESSOR" SRI. JOHN, Residing at: Kakkuthil House, Veliyanadu Po, Arakkunam Via, Emakulam, Kerala - 682 319. Hereinafter called as the "LESSEE/TENANT" of the other part:of the One part; and in favour of:-

Whereas the terms Lessor and Lessee shall mean and include their respective, heirs, Legal representatives, administrators, and assigns etc. And Whereas the Lessor the sole and absolute owner of the House situated at Flat No. T4, West Block, Sapthagiri Enclave, 5th Cross, Thayappa Garden, D. C. Halli Main Road,B. G. Road, Bangalore - 560 076, whereas the premises on rental basis, and the Lessor agrees to let out the same under the following terms and conditions. 01. The Lessor agrees to let out the schedule premises for a monthly rent of Rs.I0,000/- (Rupees Ten Thousand Only) and maintenance charges of Rs.l,200/- (Rupees One Thousand Two Hundred Only) per month, thus the Lessee hereby agrees to pay the same on every month .
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02. Whereas the Lessee shall agrees to pay the monthly rent by on or before of every English calendar month.

5th

day

03. Whereas the Lessee use the schedule premises for RESIDENTIAL and should not use for any illegal or immoral purposes. 04. The Lease will be for a period of Eleven (11) months from the date of Olst day of March 2011, but it can be extended by mutual consent. The Rent shall be enhanced once in every year @ 5% over the existing rent. 05. Whereas the Lessee should not sublet or under let the schedule premises to any other persons without written consent from the Lessor. 06. The Lessee shall keep the schedule premises in good and tenantable condition without any damage, if any damages caused by the Lessee the mutual amount can be deducted from has security deposit. 07. Whereas the Lessee has this day paid a sum ofRs.l,OO,OOO/-(Rupees One Lakh Only) towards security deposit. Thus the Lessor has received and acknowledges the receipt of the same. This amount shall not carry any interest and the same shall be refundable to the Lessee at the time of vacating the schedule premises. 08. And whereas the Lessee hereby as agrees to pay the Electricity charges separate to the concerned department on every month. 09. The Lessee shall vacate the premises on a Two (2) months notice from the Lessor. Similarly the Lessee can vacate the premises after giving Two (2) months notice to the Lessor.
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Date of execution

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SCHEDULE The Premises situated at Flat No. T-4, West Block, Sapthagiri Enclave, 5th Cross, Thayappa Garden, D. C. Halli Main Road,B. G. Road, Bangalore - 560 076, Accommodation consisting of: One Hall, One Kitchen, Double Bedrooms, Pooja Room, Attached Bathroom and Toilet, with Electricity and water Facility RCC Roofed, Third floor house. Fittings Like: 4 Nos. Fans, 2 Nos. Geyser, 1 Exhaust Fan, 5 Nos. Tubelights. IN WITNESS WHEREOF the above named Lessor and Lessee has affixed their respective signatures to this agreement on the day, months and year first above written. WITNESS:-

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