Registered rent agreement
Arun Gudikandula
(Querist) 08 October 2014
This query is : Resolved
I want to let out the first floor in my house to a family for residential purpose but I do not want any future litigation of tenant under the pretext of avoiding to pay rent and refusing to vacate the premises when I require it for my personal use.I have got a draft agreement which I intend to get registered with clauses suitable to me which I am mentioning below in this post.Please suggest changes and correction.
Rental Deed
This rental deed is executed on Dt : at Hyderabad by Sri. Arun Gudikandual, Landlord s/o Sri Raghava Gudikandula aged about 45 yrs R/o 1-2-64/A/1,Narayanguda,Hyderabad - 500 027and between
Sri T.N.Rajeevan
Tenant herein after called first party which term shall means and include his heirs, assignees etc.
IN FAVOR OF
Landlord herein after called as second party which term shall mean and include all of her legal heirs, agents, assignees etc.
Whereas the landlord is the possessor of premises on the first floor of the house at 1-2-64/A/1,Narayanguda,Hyderabad - 500 027, comprising of four rooms measuring 16” X 10 “ ,14” X 12”,16” X 10”,a hall measuring 17” X 16”,two bathrooms measuring 6” X 10” ,10” X 8” and two balconies.
Whereas the First Party/Tenant has approached with the offer to let out the above premises on monthly rent of Rs 12,000 for eleven months
Whereas the Second party/Landlord accepted the offer of the First party/Tenant and let out the premises from 15th Oct,2014 on monthly rent of Rs 12,000 per month.
NOW THIS AGREEMENT WITNESSETH AS UNDER
1) That the second party accepted to let out the above premises on monthly rent of Rs 12,000 per month. That the first party agreed to pay the rent regularly and promptly on or before 10th of every month in advance.
2) That on payment of monthly rent to the landlord, the landlord will issue rent receipt to the tenant, the claim of payment of rent without any receipt will not be entertained at any point of time.
3) After completion of the period mentioned in this agreement. The landlord may either extend the tenure of the agreement or ask for vacating the premises. In the case of renewal of agreement the Tenant/First Party has agreed to enhance the rent by 10% on existing rent.
4) The tenant shall pay an amount of Rs 36,000/- as a total rental deposit. The rental deposit shall be repaid without any interest only when the tenant vacates the premises without any claims, charges and dues etc in other case the deposit stands to be adjusted for the amounts due and payable by the tenant.
5) In case the tenant fails to pay the rent for any two months the tenancy shall be deemed to have been terminated and the tenant is liable to vacate the premises immediately.
6) This agreement is only for eleven months and can be renewed only on the consent of landlord or by mutual consent.
7) This agreement can be terminated by 6 calendar months notice given by either party.
8) The tenant shall not carry out any activity other than the prescribed one. If the tenant does any other activity than the prescribed one he shall be liable for eviction without further notice.
9) In case, the tenant vacates the above mentioned premises prior to and or before the expiry of the above definite initial rent contract period of eleven months, he shall make good, pay and compensate to the landlord, the rent thereof, together with and in addition to the rent of the due notice period, prior to his such proposed interruptions and ultimately vacating the same.
10) The tenant shall keep the premises as it is handed over without any damages or alterations and he shall keep the premises clean and maintain hygienic conditions.
11) The tenants shall use the rented premises for residential purpose only and The premises shall not be used for any other purpose other than what the tenant has agreed to use it for.
12) If the landlord wants the tenant to vacate the said premises at anytime, the tenant shall be given Six months calendar notice by the landlord. Therefore on receiving the above said notice from the landlord the tenant shall vacate the said premises before the end of the said stipulated notice period. If the tenant fails to vacate after stipulated notice period, he will be liable to pay the damages by way of mesne profits.
13) That the premises and the surroundings thereof shall be kept absolute neat, clean and would be maintained well by the tenant. That the electrical, sanitary water fittings, tap and the other fittings shall be maintained well, carefully used and would not be put to any damages or harm. In case if any of the above is found to be damaged the tenant shall make the said damages good by paying for it or by replacing it, at his cost. The tenant shall be fully responsible for all these above in his premises. He shall handover all these in a perfect condition as before, at the time of vacating the premises. No Dirt or rubbish would be left by the tenant. That the flooring and the walls of the rooms occupied by the tenant shall not be disfigured or damaged.
14) That the additions and alterations to the premises which are necessary will be done by the landlord and the tenant will not have any objections to the landlord or her legal representatives to inspect the premises. The tenant undertakes that he will not make any additions or alterations to the premises without the written consent of the landlord.
15) Most cordial relations, good neighbourly behaviour, polite manners shall be adhered by the tenant including his employees, customers and related people without causing any inconvenience, annoyances etc to anyone.
16) In case of any disputes relating to this rent contract agreement, it will be subject to Hyderabad Jurisdiction only.
Both the parties affix their signatures to this deed, on the 15th day of October, 2014.After the execution of this deed and the delivery of the above to the landlord. The tenant/Second Party has occupied and taken the said premises on 1st floor of the House 1-2-64/A/1,Narayanguda,Hyderabad - 500 027 in his possession on the 15th day of October, 2014.
Hyderabad,A.P Tenant Landlord
Dt: 15-10-2014
Please suggest changes and correction.
Raj Kumar Makkad
(Expert) 08 October 2014
Such personalized and professional services are not provided here. You need to avail the services of the local lawyer.
