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    This tenancy agreement is between Mr. X, the owner of a property, and Mr. B, the tenant. The key terms of the agreement are: 1) Mr. B will rent a property from Mr. X for 12 months at a monthly rent of Rs. 25,000, with one year's rent of Rs. 300,000 already paid in advance. 2) The tenancy will be effective from September 1, 2019. 3) Mr. B is responsible for minor repairs and maintenance, and cannot make alterations without permission. He also cannot sublet the property.

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    REnt

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    qamar
    25 views5 pages
    This tenancy agreement is between Mr. X, the owner of a property, and Mr. B, the tenant. The key terms of the agreement are: 1) Mr. B will rent a property from Mr. X for 12 months at a monthly rent of Rs. 25,000, with one year's rent of Rs. 300,000 already paid in advance. 2) The tenancy will be effective from September 1, 2019. 3) Mr. B is responsible for minor repairs and maintenance, and cannot make alterations without permission. He also cannot sublet the property.

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    This tenancy agreement is between Mr. X, the owner of a property, and Mr. B, the tenant. The key terms of the agreement are: 1) Mr. B will rent a property from Mr. X for 12 months at a monthly rent of Rs. 25,000, with one year's rent of Rs. 300,000 already paid in advance. 2) The tenancy will be effective from September 1, 2019. 3) Mr. B is responsible for minor repairs and maintenance, and cannot make alterations without permission. He also cannot sublet the property.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    25 views5 pages

    REnt

    Uploaded by

    qamar
    This tenancy agreement is between Mr. X, the owner of a property, and Mr. B, the tenant. The key terms of the agreement are: 1) Mr. B will rent a property from Mr. X for 12 months at a monthly rent of Rs. 25,000, with one year's rent of Rs. 300,000 already paid in advance. 2) The tenancy will be effective from September 1, 2019. 3) Mr. B is responsible for minor repairs and maintenance, and cannot make alterations without permission. He also cannot sublet the property.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 5

    Tenancy Agreement

    Tenancy Agreement
    • This agreement is made here at Karachi, on this 4-aug-2019
    Between
    • Mr. X s/o Mr. ABC , Muslim, adult, resident of Flat no: I – 201,
    Block 11, Karachi. Herein after called as the owner of one the
    one part.
    And
    • Mr. B s/o MR. XYZ , Muslim, adult, resident of Flat no: G – 203,
    Block 11, herein after called as the tenant of the other part.
    Whereas, the owner has fully seized, possessed and otherwise
    exclusive owner of the immovable property viz flat no: resident
    of Flat no: G – 203, Block 11.
    • And whereas the owner has agree to let and tenant has agreed to
    take the said property on monthly rent on the following terms and
    conditions:
    • That monthly rent has been agreed between the parties Rs. 25,000/-
    (Rupees twenty five thousand) already paid in shape of one year
    advance Rs. 300,000/- (Rupees three hundred thousand only) to the
    owner.
    • That tenancy is deemed to be effective from the date of handing
    over vacant physical possession i.e. wef: September 1, 2019 and the
    same shall remain valid for the period of twelve months on the
    expiry, the same may be extended on mutual consent of the parties.
    The owner reserves the right to revise thee rents.
    • That tenant shall keep the premises in god conditions as has been
    given to him/her all minor repairs / replacements to the fittings/
    fixtures shall also be done by the tenant as his/her own cost during
    the tenure of the tenancy.
    • That tenant shall not make any addition of alteration their in
    the demised premised without written permission of the
    owner. Neither the tenant shall have right to let or sublet said
    premises or any portion thereof to any other party under any
    circumstances.
    • That the tenant shall nor carry out the unlawful
    business/activities heron the premises neither shall store
    explosive or hazardous material in or nearby the premises, but
    shall strictly use the premises for the Residential purpose.
    • That the tenant shall keep the said premises for the
    Residential purpose and shall use the same like the law-
    abiding citizen of Pakistan.
    • That one month’s advance notice in written shall be served by
    the either party who wish to terminate the tenancy and
    therafter the possession of the premises will be handed over
    the owner.
    In witness whereof the parties have set their hands here at
    Karachi on the day month and year first above mentioned .

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