BN 016660
4
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:
“RENT AGREEMENT”
_ This Rent Agreement is made and executed at NOIDA on 11/01/2018
between MRS.VAMDANA SONI W/O SH. AJAY SONI R/O A-512, SECTOR-
‘19, NOIDA, GAUTAM BUDH NAGAR, U-P-201301, on the first part,
hereinafter called the LESSOR/ LAND LORD.
‘ AND
MR. ASHUTOSH KUMAR S/O SH. MITHILESH KUMAR SHARMA R/O
° MAHABIR STHAN, THAN- LANE, DENAPUR CANTT, PATNA-801503, of
+ the second part, hereinafter called the LESSEE/TENANT.
|The expression and words of the first party and the second party shell mean
and include their legal heirs, nominees, executors, successors, assignees,
¢ administrators and legal representatives respectively).WHEREAS the first party/lesser is the owner and in possession of the
A512, SECTOR-19, NOIDA, GAUTAM BUDH NAGAR, U.P-201301,
hereinafter called the Premises which lesser has agreed to give and lessee
has agreed to take on lease.
AND WHEREAS on request of the lessee the lesser aforesaid has agreed to
let out the premises for RESIDENTIAL purpose and shall not use it for any
other purpose and whereas the lessee has agreed to execute and sign this
rent agreement as per terms and conditions mentioned below:~
1. That the monthly rent of the above said Premises has been settled
between both the parties a sum of Rs: 22,000/-(RUPEES TWENTY
TWO THOUSAND ONLY) including of monthly maintenance charges.
2. That the Second party has to deposit to the lesser a sum of Rs.
22,000/-(RUPEES TWENTY TWO THOUSAND ONLY) as interest free
security. Security money will be refunded at the time of vacation of the
premises after adjusting any outstanding dues or damages.
3. That the lease is for a period of 11 month w.c.f. 05/01/2018 to
04/12/2018.
4, That rent will be paid on or before 7# day of every English Calendar
month by Cheque/NEFT online.
5. That after the expiry of 11 months period the rent shalll be increased
10% by if the tenancy has been continued subject to mutual consent
of both the parties.
6. That the Lessee shall handover the vacant physical possession of the
premises referred to above to the Lesser at the time of termination of
lease together with the fittings and fixtures duly repaired, if any
damage done.
7. That no additions and alterations will be made by the lessee without
prior written consent of the lesser.
be paid by the lessee.
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ite9. That the rent agreement can be terminated even before the expiry of
the lease deed period by cither the lesser or the lessee, by giving prior
notice.
10 -That the Lessee shall not sublet or part with the said premises in
whole or their parts thereof without the written consent of the lesser.
11 That in the event of any dispute or difference arising out of this
agreement the matter will be referred to an arbitrator approved by the
lessee and his decision will be binding on both the parties. At the end
of lease period the lessee shall hand over the possession of the
property peacefully.
12 That the lessee shall permit the landlord or their duly authorized
representative to inspect the premises at reasonable hours with prior
appointment with a view to assess the conditions of the premises.
13 -That the terms and conditions of this lease agreement stated above
shall be binding on both the parties ie. terms of this agreement are
final.
14 -That all the day to day repairs of minor nature, such as replacement
of fuses, washers, bulbs, leakage, tube lights etc. shall be borne by
the lessee at their own cost.
IN WITNESS WHEREOF both the parties have set their respective hands on
this RENT AGREEMENT at NOIDA the first above written in the presence of
the following witnesses.
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