Rent Deed (Lease Agreement)
This Deed of lease executed at Chennai this
DDst Month Year between Mr/Ms____________
w/o ________________________ flat owner, residing at Mr/Ms__________________ , herein after called the “LESSORS” and Mr/Ms __________________________________ _________________________________ __________herein after called the “LESSEE”.
The LESSORS hereby leases unto the Lessee for residential purpose the flat Address________ _________________________________________________________________________, to hold the same to the LESSEE with effect from
DDst Month Year to
DDst Month Year paying there a sum of Rs.
##,###/= (Rupees _________________Only) per month towards monthly rent for the accommodation.
That the above rent includes house-tax and all other taxes payable to City Name Corporation or any other authority payable by the LESSOR.
The LESSEE agrees and covenants with the LESSOR as follows:
1. During the term of the lease pay the said monthly rent is to be paid on or before
05th of every month regularly.
2. The LESSE had deposited a sum of Rs.
##,###/= (Rupees ___________________ Only) as advance deposit. This will be refunded without any interest to the Lessee on the expiry of this deed or vacation of the premises which ever occurs earlier.
3. That at the time of occupation, the LESSEE shall see that all sanitary, electrical and other fittings and fixtures are in perfect order and shall be responsible to restore them in the same conditions in which they have been take over, natural wear and tear expected.
4. That the LESSEE shall not make any structural additions or alternations. LESSEE will maintain the premises neat and tidy and handover the LESSOR when vacated in the same good condition as it is now. No extra Nails/Clamps should be driven on the walls/doors/windows/ventilators/etc without the written permission form the LESSOR.
5. That the LESSEE shall be liable to pay for the breakage, damage to the sanitary, electrical and other fittings and fixtures during the lease period. If any damage caused during the lease period is not borne, then the same amount will be recovered from the advance paid by the LESSEE at the time of vacation.
6. The LESSEE shall pay all the charges for water (
CMWSB) and electricity (
TNEB) consumed to the concerned authorities.
7. The flat maintenance charges etc., if any, will be borne by the LESSEE including any extra cost for water supply etc.
8. That the LESSEE shall not sublet the premises in whole or any part and at the time of vacating the premises will hand over vacant possession of the premises to the LESSOR or his authorized agent.
9. That the LESSEE shall allow the LESSOR or his authorized agent to enter the said premises at reasonable hours and after reasonable notice as and when necessary for inspection, repairs etc.
10. That during the currency of this Lease Agreement, the LESSEE shall have the right to vacate the premises by giving
two month written notice. Similarly the LESSOR will have to inform
two months in advance to the LESSOR for vacating the flat.
11. That the lease is for a period of
11(
Eleven) months commencing from
DDst Month Year. The LESSOR had the option to renew the lease for a further period of
11(
Eleven) months with
##% increase in Rent, on the same terms and conditions as are contained herein. The LESSEE shall give vacant possession of the premises to the LESSOR in good tenantable condition after the expiry of the lease period (
DDst Month Year) or, as the case may be, the extension thereof.
12. That all structural repairs will have to be done the LESSOR at his own cost.
In Witness whereof, the parties have set and subscribed their hand in the presence of the witness mentioned herein below:
Signed by the above named LESSEE ~~~~~~~~~~~~~~~Signed by the above named LESSOR
Witness 1:
Witness 2:
