This Rent Agreement is made and executed on this ___ day of _______, 20 at __________________.
BETWEEN
Mr./Mrs. ______________________________________,
Son/Daughter/Wife of ____________________________________,
Resident of _____________________________________________
_________________________________________________________,
(hereinafter referred to as the “LANDLORD”, which expression shall unless repugnant to the context mean and include his/her heirs, legal representatives, successors, and assigns)
AND
M/s ____________________________________________,
having its office at _____________________________________
_________________________________________________________,
through its Proprietor/Partner/Director _____________________,
(hereinafter referred to as the “TENANT”, which expression shall unless repugnant to the context mean and include its successors and assigns)
TERMS AND CONDITIONS
- Premises
The Landlord hereby lets out to the Tenant the premises situated at:
for commercial/business purposes including GST Registration.
- Rent
The monthly rent of the premises shall be Rs. ____________/- (Rupees __________________________________ only), payable on or before the ___ day of each month.
- Security Deposit
The Tenant has paid a refundable security deposit of Rs. ____________/- (Rupees __________________________________ only) to the Landlord.
- Tenure
The agreement shall remain valid for a period of ______ months/years commencing from //20___ to //20___.
- Use of Premises
The Tenant shall use the premises only for lawful business/commercial activities and GST Registration purposes.
- Electricity & Maintenance
Electricity charges and maintenance charges shall be borne by the Tenant unless otherwise agreed.
- Ownership
This agreement does not create any ownership rights in favor of the Tenant.
- Termination
Either party may terminate this agreement by giving ____ days’ prior written notice to the other party.
LANDLORD DETAILS
Name: ____________________________________________
Address: __________________________________________
Mobile No.: _______________________________________
Signature: ________________________________________
TENANT DETAILS
Name of Firm/Company: ______________________________
Authorized Signatory: _______________________________
Designation: _______________________________________
Signature & Seal: __________________________________
WITNESSES
Witness 1
Name: ____________________________________________
Address: __________________________________________
Signature: _________________________________________
Witness 2
Name: ____________________________________________
Address: __________________________________________
Signature: _________________________________________
Place: ______________________
Date: _______________________