RENT AGREEMENT

TEXFIELD APPARELS
33/17,Pitchampalayam Ittari Road,
Kumaranandhapuram,Tirupur.
THIS DEED OF LEASE IS MADE ON THE JULY 2016
BETWEEN

1.Mr.P.NACHIMUTHU S/o.S.Palaniappa.M.T.R. residing at

D.No.48,Weavers Colony, 1St street, P.N.Road, Tirupur641602.,Tirupur Dist. Hereinafter called the Building
Owner of the First Part.
2. Mr.K.RAMALINGAM S/o S.Kathirvel residing at No.19,
New D.No.6, Valipalayam 3RD street, Tirupur-641601.
Hereinafter called the Tenant of the Second Part.
WHERE AS The TENANT is desirous to taking the building
on rent on the terms and conditions hereinafter appearing.

NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:

1. That the BUILDING OWNER has agreed to let out and
the TENANT has agreed to take on rent the
aforementioned building. The agreement is to commence
from 11.07.2016 and shall be for the duration of the 2
years from the said date.
2. That the TENANT Shall pay a monthly rent of
Rs.55,000/- ( Rupees Fifty Five Thousand only)to the
OWNER on or before the 10Th day of each month.
3. The TENANT Shall pay to the OWNER a sum of Rs.
2,50,000/-( Rupees Two Lakhs Fifty Thousand only)
as Advance. This advance shall not carry any interest
and shall be refunded by the OWNER at the time of
vacating the Premises.
4. If OWNER feels any damages found in building during
this agreement period that necessary corrections should
be carried by TENANT before vacating.
5. Then TENANT shall pay all the Charges for conception
of Electricity with the time.
6. The TENANT shall not be entitled to sub-let the premises
to any other persons except with written consent of the
OWNER previously obtained.
7. That the rent agreement can be renewed for further
periods within the consent of both the parties.
8. At least 30 days notice is required from the OWNER /
TENANT for vacating of the building.
9. Building Details : 8500 Sq. ft. Terraced Roof Building with
40 HP Power line and water line -1 no. Situated at 33/17,
Pitchampalayam Ittari Road, Kumaranandhapuram,
Tirupur-641602.

1.LESSOR : P.NACHIMUTHU

2. LESSEE : K.RAMALINGAM

WITNESSES :
..
1.

2.