Rental Agreement

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Cerificate Issued Date $ 27-Mar-202401;21 PM : (SUBIN-KAKAKSCUB0898808675501: 2 VARDHAN ronRroperty: Description “Consideration Price Others (Rs.) : 4,95,000 + VARDHAN K- RENTAL AGREEMENT THIS RENTAL AGREEMENT is made and executed al Bangalore on this 01%/day of MARCH, 2024 (01-03-2024) BY AND BETWEEN -- CY Mr.VARDHAN.K ‘Petumal-Koil’street™ ubuvanai, Pondicherry = 605102, shuld be vere ot wow ahs sarong & St ica ear ontatc on he webate odie APF iene wer of te cerca, 3 incase tary ascrepancy pleaser te Garetet Autry INDIA NON JUDICIAL Government of Karnataka + IN-KA69180301319955W. + NONACC (BK)/ kakScubos/ KUMARA\ Amicle 30(1)() Lease of immovable Property’ in case of Residential property : RENTAL AGREEMENT vexceeding 16 ROHAN K VAROH [AN VAROHAN K VAROK: VARDHAN K. VARDH/ (Four Lakh Ninety Five Thousand only) MADHU SRINIVASAN B : VARDHAN K- : 500 * a eet van Ss Peeagadigigor type belowthistine ~ w J siding at No.67,. Pencert ie BORE Hereinafter called the “LESSOR/OWNER’ which term shall mean and include their executors, administrators, legal representatives and assigns of the One Part: Mr.MADHU SRINIVASAN B Residing at No.961, Ground floor 45" cross, Kumaraswamy Layout BANGALORE-560078. Hereinafter called the “LESSEE/TENANT" which term shall mean and include their executors, administrators, legal representatives and assigns of the Other Part: WITNESSETH AS FOLLOWS:- WHEREAS the LESSOR is the absolute owner of the premises at No.961, 45" cross, Kumaraswamy Layout, Bangalore-560 078, consisting of Four bed rooms, Hall, Kitchen and attached bathroom and Lavatory with electricity and water facilities,R.C.C.roofed at GROUND FLOOR. Whereas the lessor is willing to letout the occupy the same now this deed of rental agreement. TERMS AND CONDITIONS 1. Whereas the lessee shall pay the monthly rent of Rs.45,000/-(Rupees Fourty Five thousand only) for every month to the lessor excluding electricity and excluding water charges 2. Whereas the lessee has paid an advance [security deposit] of Rs.4,00,000/- (Rupees Four Lakhs only) before the witnesses, The said security deposit amount is free of interest and refundable at the time of termination of this agreement / vacating premises » Whereas the lessee shall keep the said premises in good order and tenantable condition. No complaint should from the neighbours B Whereas the lessee shall use said premises for bonafide RESIDENTIAL PURPOSE only and shall not use the premises for any commercial, illegal or unauthorized purposes. 5. Whereas the lessee shall not have sub-let, under-let, renovate and alter the said house premises without written consent permission from the lessor. 6, Whereas the lessee has hereby agreed that the rent shall be payable on or before 05" of every month from the date of occupation. If the tenant fails to pay the rent continuously for three (3) months, then the owner has the right to deduct the rent from the deposit amount. The tenancy terminates and is not liable to fit live in the said premises. 7, Whereas both the parties should give TWO (2) MONTHS prior notice in order to help themselves for their resources and alternative accommodation. If the tenant wish to vacate the house inbetween without giving prior notice has to pay 2 months rent has default. ao ae 8. Whereas the rental period being ELEVEN (11) MONTHS, from the date of commencing from 01/03/2024 to 28/02/2025 After the initial period of 11 months, the rental period may be extended by mutual consent of both the parties by increasing 5% of rent every one year. 9. Whereas the Lessee shall pay electricity separately to the concerned authorities as per bill. water and water & water motor pumping charges shared 10.Whereas the Lessee causes any damage to the building, fails to pay the rent, Electricity charge and damages the fittings etc. during the period of tenancy, then the lessor is at full liberty to demand for the repairs immediately 11. Whereas he original of the stamp paper of the agreement given to the lessee and copy of the agreement paper retained by the lessor. 12.Whereas the Lessee shall paint or pay towards painting charges at the time of vacating the house premises. s: SCHEDULE:: All the piece and parcel of the house bearing at No.961, 45" cross, Kumaraswamy Layout, Bangalore-560 078, consisting of Four bed rooms, Hall, Kitchen and attached bathroom and Lavatory with electricity and water facilities,R.C.C.roofed at GROUND FLOOR. Fittings: 6-fans, 2-Geyser with Lights and fully furnished house. IN WITNESSES WHEREOF the LESSOR& the LESSEE have affixed their signature to this AGREEMENT on the day, month and year first above written. WITNESSES:- spr ace Ke 2. arc ae Hlp3r 28" cross tay

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