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    Rental Agreement For YUVINSAAI

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    suddharshini b
    This rental agreement is between Mrs. Sangeetha, the landlord, and Yuvinsaai Private Limited, the tenant. The landlord agrees to rent a building located at No. 449&451/1, TVS Nagar Extension, Korattur, Chennai to the tenant for 11 months beginning February 15, 2023 at a monthly rent of Rs. 30,000 payable by the 10th of each month, with a 5% annual increase. The tenant pays a Rs. 3,00,000 rental advance and agrees not to sublet the building, use electricity only for commercial purposes, and give 3 months' notice to vacate after 6 months.

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    © All Rights Reserved
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    Rental Agreement For YUVINSAAI

    Uploaded by

    suddharshini b
    53 views3 pages
    This rental agreement is between Mrs. Sangeetha, the landlord, and Yuvinsaai Private Limited, the tenant. The landlord agrees to rent a building located at No. 449&451/1, TVS Nagar Extension, Korattur, Chennai to the tenant for 11 months beginning February 15, 2023 at a monthly rent of Rs. 30,000 payable by the 10th of each month, with a 5% annual increase. The tenant pays a Rs. 3,00,000 rental advance and agrees not to sublet the building, use electricity only for commercial purposes, and give 3 months' notice to vacate after 6 months.

    Original Title

    Rental Agreement for YUVINSAAI (1)

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    This rental agreement is between Mrs. Sangeetha, the landlord, and Yuvinsaai Private Limited, the tenant. The landlord agrees to rent a building located at No. 449&451/1, TVS Nagar Extension, Korattur, Chennai to the tenant for 11 months beginning February 15, 2023 at a monthly rent of Rs. 30,000 payable by the 10th of each month, with a 5% annual increase. The tenant pays a Rs. 3,00,000 rental advance and agrees not to sublet the building, use electricity only for commercial purposes, and give 3 months' notice to vacate after 6 months.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    53 views3 pages

    Rental Agreement For YUVINSAAI

    Uploaded by

    suddharshini b
    This rental agreement is between Mrs. Sangeetha, the landlord, and Yuvinsaai Private Limited, the tenant. The landlord agrees to rent a building located at No. 449&451/1, TVS Nagar Extension, Korattur, Chennai to the tenant for 11 months beginning February 15, 2023 at a monthly rent of Rs. 30,000 payable by the 10th of each month, with a 5% annual increase. The tenant pays a Rs. 3,00,000 rental advance and agrees not to sublet the building, use electricity only for commercial purposes, and give 3 months' notice to vacate after 6 months.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    RENTAL AGREEMENT

    This RENTAL AGREEMENT executed at Chennai, on this 1st day of March 2023 between,
    Mrs. SANGEETHA. E W/o K. EZHUMALAI residing at Old No. 38, New No. 26/56
    47/119, Mettu Theru, Agraharam, korattur, Chennai – 600 076, hereinafter called the
    LANDLORD

    AND

    YUVINSAAI PRIVATE LIMITED, a Company authorised by the Director Mr.


    SRINIVASAN. M, S/o MOHAN, residing at No 18/25, Palli Theru, Sakthi Nagar,
    Agraharam, korattur, Chennai – 600 076, hereinafter called the Tenant ;

    WHEREAS the LANDLORD agreed to let the building at No. 449&451/1, TVS Nagar
    Extension, korattur, Chennai – 600 076, in the name of YUVINSAAI PRIVATE LIMITED
    on a monthly tenancy and whereas the LANDLORD and Tenant have agreed strictly to
    adhere to the terms and conditions hereunder stated:
    1. The building the LANDLORD agreed to let and the Tenant agreed to take the
    building, which is clearly shown in the schedule hereunder.
    2. That the tenancy commences from 15-02-2023 and that it is from month on month
    according to English Calendar.
    3. That the monthly rent fixed and agreed for the said building is Rs.30,000/- (Thirty
    Thousand only) payable to the Landlord on or before the 10th of each month. Both the
    parties maybe hereby agrees mutually that the rent for the said premises may
    increases at the rate of 5% for once in 1 Year and also both the parties agree the rent
    advance as Rs.3,00,000/- (Three Lakh only).
    4. That tenancy is for a duration of 11month commencing from 15-02-2023 and rental
    agreement shall expire on 15-01-2024 where upon the building shall be vacated by the
    tenant and possession delivered to the LANDLORD.
    5. That the rental agreement is renewable at the option of the landlord at the termination
    of lease.
    6. That the tenancy hereby further covenants with and assured the landlord that the
    former would not ask for or demand any further amenities that are now provided.
    7. That the tenant, hereby covenants with the landlord not to sublet the building rented to
    him.
    8. That the tenant hereby covenants with the landlord to use the electricity only for
    Commercial purposes.
    9. That the tenant herby covenants with the landlord to give me 3 months’ time should
    be desire to vacate option he can exercise only after expiry of six months’ period
    commencing from this date of rental agreement.

    LAND LORD TENANT

    WITHNESSED:

    1.

    2.

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