Shop Rental Agreement
Shop Rental Agreement
Shop Rental Agreement
This deed of Lease made, entered into and executed at Mysore this 14 th
day of October, 2016, and between [FIRST PARTY NAME], son of [NAME ],
Hindu, aged about 75 years, residing [FIRST PARTY ADDRESS], hereinafter
called the LESSOR which terms shall mean and include, wherever the context
so admits, his heirs, executors, administrators, legal representatives and assigns of
the one part and [SECOND PARTY NAME], W/o.[NAME] aged about 36 years,
residing at F2[SECOND PARTY ADDRESS], hereinafter called LESSEE which
terms shall mean and include wherever and whenever the context so admits, his
heirs, executors, administrators legal representatives and assigns of the other part.
Whereas house, ground and premises [PLACE ADDRESS], Chennai more
particularly described in the Schedule hereunder belongs to the Lessor herein.
And whereas the lessee approached the lessor for execution of a lease deed in his
favour, one of the shops situated in the ground floor of the said premises and
which for the purpose of denomination has been numbered as Shop No
(Private Mark) offering to pay a sum of Rs.2800/- (Rupees Two thousand eight
hundred only) per month as rent and further the electricity charges consumed by
the lessee has to pay
separately to the Electricity Board without default for a period of eleven months
(11 months) from 10th day of October 2008 the lessor has agreed to the said offer
made by the lessee.
NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:
1.
2.
3.
4.
5.
6.
If necessary the lessee shall white wash and paint and carryout
minor repair to the said shop let out ahis own cost.
7.
The lessee shall not have any right to sub-let or transfer the
tenancy or any portion thereof.
8.
The Lessee shall use the shop let out duly for the business of
General Merchandise and not use the same for any other purpose.
(The lessee shall not enter into partnership) and conduct the
business in the premises in the name of the firm. The lessee can
only use the premises for his own business.
9.
The lessee shall not carry out any addition or alteration to the
shop without the previous consent and approval in writing of the
lessor and if the lessee at any time during the period of this lease
gets the approval and can sent in writing of to alter or carry out
additions to the shop. The lessor shall be entitled to all the
benefits and improvements so made.
10.
The lessee shall pay the monthly rent and amenity charges as
found in the lease deed and if default being committed in the
payment of such rent etc. even for a period of a single month in
the manner aforesaid or in default of any of the terms or
conditions as above sent forth the lease shall come to an end on
such default the lessor shall have a right on entry and obtain
delivery of vacant possession.
11.
12.
The lessor or his agent shall have a right to inspect the shop at an
hour during the day time.
13.
In In witness whereof the lessor and the lessee above named have
here into set an subscribed their respective hands and names the
day and year first above written in the presence of.
LESSOR
LESSEE
WITNESS:
1.
2.