Rental Agreement: Mr. - India
Rental Agreement: Mr. - India
Rental Agreement: Mr. - India
This Rental Agreement is made and executed on this the 13 th day of March,
2015 at Visakhapatnam, by and between:
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Whereas the First Part/Landlord is the absolute owner and possessor of , D NO 48-8-
6, FF2, N.G.R.Towers, Dwaraka Nagar, I-Lane, Visakhapatnam-530016,
Andhrapradesh, India.
And the Second Part/Tenant herein approached to the First Part/Landlord with a
request to take on rent/lease the above flat/house on rental basis on the following
terms and conditions.
2. That this Rental Agreement commences from 06th Day of April 2015.
3. That this First Part/Landlord has agreed to let out the above said Flat/House to
the Second Part/Tenant and the Second Part taken the possession of the said
premises.
4. That the Monthly rent shall be fixed at Rs.2,500/- (Rupees Two Thousand Five
hundred only) per month which shall be paid on or before 10 th of every month
without fail.
5. That the Second Part/Tenant has paid a sum of Rs. 5,000/- (Rupees Five
Thousand only) as a Security as a Cash, on 10th Day of Feb 2015, which shall
be refundable at the time of vacation of the Flat/House.
9. That the Second Part/Tenant shall not make any addition or alteration to the
existing structure of the premises without the consent of the First
Part/Landlord.
10. That the Second Part/Tenant shall keep the premises in neat and habitable
condition.
11. That the Second Part/Tenant shall not make any objection for the periodical
inspection by the Landlord or their representative.
12. That Rental Agreement can be renewed and executed a fresh at each time of
extension of tenancy with increase of rent by 5% on then existing rent.
13. That this Rental Agreement can be terminated with 2 (Two) months notice on
either side.
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IN WITHNESS WHEREOF BOTH THE PARTIES HAVE SIGNED THIS RENTAL
AGREEMENT ON THE DAY, MONTH AND YEAR MENTIONED ABOVE IN THE PRESENCE
OF THE FOLLOWING WITNESSES:
WITNESSES:
First part/Landlord
1.
2.
(Second Part/Tenant)
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