Rental Agreement Ravikumar

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RENTAL AGREEMENT

THIS DEED OF RENTAL AGREEMENT ENTERED INTO AT CHENNAI ON


THIS DAY 17TH DAY OF AUGUST 2023.

BETWEEN

Mrs. N. Amutha, Residing at No.54, Ground Floor, Velayudham Colony, 2 nd


Street, Saligramam, Chennai – 600 093, hereinafter called the LESSOR
(LANDLORD) of the ONE PART.

AND

Mr. T. Ravikumar, S/o. Thirumoorthy, Residing at P. No. 39, T 2, 3 rd Floor, Sri


Aravindhar Street, Balaji Nagar, Valasaravakkam Thiruvallur – 600 087.
hereinafter called the LESSEE (TENANT) of the OTHER PART which term shall
mean and include wherever the context so permits, their heirs, administrators, legal
representatives and assigns WITNESSETH AS FOLLOWS:

WHEREAS the LESSOR is the absolute owner of the premises bearing. No.54, 2 nd
Floor, Velayudham Colony, 2nd Street, Saligramam, Chennai – 600 093, wherein
the individual house has fallen vacant and the LESSEE herein approached the
LESSOR has agreed to let out the same to him on the following terms and
conditions:

NOW THIS DEED OF RENTAL AGREEMENT WITNESSETH AS FOLLOWS:

1. The Tenancy is for a period of 2 years from 01- August 2023 – 01 – July
2025.

2. That the LESSEE hereby agrees to pay a monthly rental of Rs.10,000.


(Rupees Ten Thousand only) towards the individual house.

3. That the LESSEE has paid a sum of Rs. 1,00,000/- (Rupees One Lakh only)
as advance which amount shall not carry any interest and shall be refunded)
only at the time of vacating portion in good conditions and when there is no
due in rent as on date.

4. That the LESSEE shall not let or underlet the TENANT portions to any third
party and shall not make any alteration or addition therein without the
consent in writing from the LESSOR. Also the LESSEE can do the wall
wood painting only with permission of the LESSOR without changing the
existing wall/wood paint color.

5. That the LESSEE shall pay the monthly cent on or before 5th day of every
English Calendar month.

6. The LESSEE agrees with the LESSOR that this monthly rent will be
automatically increased by 10% on existing rent on completion of 12 months
from the date of the commencement of this lease

7. It is hereby agreed that Two months notice shall be given by either of the
parties who wish to terminate this agreement.

8. The Tenancy can be renewed for a further period of 11 months with the
mutual consent of the both the parties with fresh terms and conditions if
required.

9. The TENANT shall not share any combustible materials, explosives,


crackers or any deadly weapons in the portion leased out to him.

10.The LANDLORD shall not ask for any further amount towards advance
during the lease period.

11.The TENANT has to pay the electricity charges to the LANDLORD as per
meter installed in the said portion.

12.The TENANT shall keep the portion in clean and tidy condition.
13.The TENANT shall not disturb the other co-tenant occupied other in the said
premises

14.The LANDLORD has to pay the property tax and other revenue dues
without fail.

15.The TENANT has to vacate the said portion after expiry of the rental period
i.e, on and hand over the vacant possession to the LANDLORD.

16.That the LESSEE should allow the LESSOR or his authorized agent to enter,
inspect on the portion at all reasonable times.

17.The TENANT and LANDLORD agree to pay the metro water tax and
charges equally without fail.

18.The LESSEE is not allowed to park their any type of two wheeler vehicle
inside the house at any cost

SCHEDULE

A individual house at No.54, 2nd Floor, Velayudham Colony, 2nd Street,


Saligramam, Chennai – 600 093, measuring about 1200 sq.ft.

In witness whereof the LESSOR and the LESSEE here into have set their
respective hands and signatures of the day month and year first above written.

WITNESSES: LESSOR

1.

2.
LESSEE

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