RENT AGREEMENT

RENT AGREEMENT

This Rent Agreement is made on this __________ (date of rent agreement) by ________________ (name of the landlord), S/o _______________ (father's name of the landlord), Add: ___________________________________________________ (residential address of the landlord), hereinafter called the Lessor/Owner, Party of the First Part

AND

_____________________________ (name of the proposed company), through its proposed director __________ (name of the director), called the Lessee/Tenant, Party of the Second Part.

That the expression of the term Lessor/Owner and the Lessee/Tenant shall mean and include their legal heirs, successors, assigns, representatives, etc.

Whereas the Lessor/Owner is the owner and in possession of the property No. ______________________________________________________ (registered address of the company), and has agreed to let out the one office room, one toilet and bathroom set on the said property to the Lessee/Tenant; and the Lessee/Tenant has agreed to take the same on rent of Rs. ______/- (in words) per month.

NOW THIS RENT AGREEMENT WITNESSETH AS UNDER:

1. That the Tenant/Lessee shall pay a monthly rent of Rs. ______/- (in words) per month, excluding electricity and water charges.

2. That the Tenant/Lessee shall not sub-let any part of the above said demised premises to anyone else under any circumstances without the consent of the Owner.

3. That the Tenant/Lessee shall abide by all the bye-laws, rules and regulations of the local authorities in respect of the demised premises, and shall not carry on any illegal activities in the said demised premises.

4. That this lease is granted for a period of eleven (11) months only, commencing from ___________ (date of rent commencing from), and this lease can be extended further by both the parties with their mutual consent on the basis of the prevailing rental value in the market.

5. That the Lessee shall pay the electricity and water charges as per the proportionate consumption of the meter to the Lessor/Owner.

6. That the Tenant/Lessee shall not be entitled to make any structural changes in the rented premises, except the installation of temporary decoration, wooden partition/cabin, air-conditioners, etc., without the prior consent of the Owner.

7. That the Tenant/Lessee can neither make any addition/alteration in the said premises without the written consent of the Owner, nor can the Lessee sublet part or the entire premises to any person(s)/firm(s)/company(s).

8. That the Tenant/Lessee shall permit the Lessor/Owner or his authorized agent to enter into the said tenanted premises for inspection/general checking or to carry out repair work, at any reasonable time.

9. That the Tenant/Lessee shall keep the said premises in a clean and hygienic condition and shall not do, or cause to be done, any act which may be a nuisance to others.

10. That the Tenant/Lessee shall carry out all day-to-day minor repairs at his/her own cost.

11. That this agreement may be terminated before the expiry of this tenancy period by serving one month's prior notice by either party to that effect.

12. That the Lessee shall use the above said premises for official purposes only.

13. That the Lessee/Tenant shall not store/keep any offensive, dangerous, explosive or highly inflammable articles in the said premises, and shall not use the same for any unlawful activities.

14. That the Lessee shall pay one month's advance rent to the Lessor, the same to be adjusted in the monthly rent.

15. That both the parties have read over and understood all the contents of this agreement and have signed the same without any force or pressure from any side.

IN WITNESS WHEREOF, the Lessor/Owner and the Tenant/Lessee have hereunto subscribed their hands at ______ (place) on this the _____________ (date of rent agreement), the year first above mentioned, in the presence of the following witnesses:

WITNESSES:
1. ________________________
2. ________________________

________________________ (name of the landlord)
Lessor

________________________ (name of the proposed company)
Lessee