RENT AGREEMENT

This agreement is made on the 24th March 2018 by and between

XXXXX, s/o xxxxxxxxxxxx, (here after called the ‘Owner’ which expression, where the context admits,
shall include her heirs, executors, administrators and assigns) OF THE ONE PART

AND

XXXXXXXXXXXXXXXXXXXXX (hereinafter called the ‘Lessee’ which expression, where the context
admits shall include its successors and assigns) OF THE OTHER PART.

WHEREAS the Owner is the absolute Owner in possession of the residential premises at
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX (more fully described in
the Schedule I hereunder and hereinafter collectively referred to as the “Demised premises”) and of the
various items of fixtures and fittings (more fully described in the Annexure 1 attached hereto and
hereinafter collectively referred to as the “Said fixtures”).

AND WHEREAS pursuant to negotiations between them, the owner has referred the Demised Premises
to XXXXXXXXX with effect from 01st April 2018 upon certain terms and conditions which the parties now
desire to record by executing this agreement.

NOW THEREFORE THIS AGREEMENT WITNESSETH as follows

1. The parties confirm that the Demised Premises has been rented by the Owner to XXXXXl for a
period of 11 months as on and from 01 April 2018 to 28 February 2019 for the rent upon the
terms and conditions herein provided.
2. The rent payable by the Lessee to the Owner for the Demised Premises shall be XXXXXXXXXXX
per month payable on or before the 10th day of each month. In addition to monthly rent the
lessee shall pay monthly maintenance charges as decided by Apartment Association form time
to time, which is currently at Rs.1,000/- per month. The same may be paid to the Owner along
with monthly rent, who in-turn shall pay the Apartment Association.

3. The Lessee confirms and agrees as follows:

a) To pay the monthly rent aforesaid in respect of the Demised Premises within the agreed
time by cheque/demand draft or bank transfer in the name of XXXXXXXX and sent to
XXXXXXXXXXXXXXXXXXXX, subject to deduction of tax or other amounts as required by
law.
b) To promptly pay all water and electricity charges and Monthly Maintenance charges in
respect of the Demised Premises, pertaining to the period of the rent according to the
demands made by the concerned authorities.
c) Subject to the Owner's agreement regarding repairs and maintenance, to keep the Demised
Premises clean and usable (fair wear and tear excepted) and to undertake minor day to day
repairs.
d) Not to make any structural alterations and/or additions to the Demised Premises.
e) To use the Demised Premises exclusively for residential purposes unless otherwise agreed in
writing by the Owner, not to keep or store in or upon any part of the Demised Premises any
goods of a combustible or explosive nature, not to cause any nuisance or annoyance to the
neighbours and other occupants of the building and to observe and perform all the rules
and regulations and bye-laws as to the use of the building as laid down by the concerned
Association/Society of the building from time to time.
f) Not to interfere with the usage of common portions of the building and in no way obstruct
the free passage and movement in the common portions reserved for use by all the
occupants of the building like common staircase, etc.,
g) Not to assign, sublet or otherwise part with possession of the Demised Premises or any
portion thereof.
 h) To allow the Owner and the Owner's agents and servants, with prior written notice, to enter
the Demised Premises at any reasonable time agreed to by both parties for inspecting or
repairing the same; and
i) Upon the expiry or earlier termination of the lease and subject to obtaining refund of the
security deposit paid by the Lessee to surrender vacant possession of the Demised Premises
to the Owner.
j) That if the owner wishes to terminate the tenancy during the rental period the shall give a
minimum of two months prior notice in writing to the Tenant and that if the tenant wishes
to terminate the tenancy during the rental period he shall give a minimum of 2 months prior
notice or 2 months’ rent in lieu thereof.
k) That the tenant will handover the peaceful and vacant possession of the said premises at
the end of the tenancy in the same clean state and condition as it was in the beginning of
the tenancy and made good or pay for the repair and / or replace all the fixtures and
furniture if broken, lost, damaged or destroyed during the tenancy, with the understanding
the reasonable wear and tear to the property is expected.
l) There would be an increase of 5% rent at the end of the lease period of 11 months if both
parties mutually agree to extend the lease term.
m) It is agreed to deduct an amount equivalent to the actual cost of internal painting and
cleaning charges from the security deposit at the time of leaving the premises by the tenant.

4) The Owner hereby assures the Lessee and agrees as follows

a) That the Owner is the absolute owner in possession of the Demised Premises and the said
fixtures and has the absolute and unencumbered right and power to lease the Demised
Premises.

b) That the Lessee, upon paying the rent and performing and observing the terms and
conditions on its part to be performed, may peaceably hold and enjoy the Demised Premises
during the term of the rent without any interruption by or from the Owner or any person
claiming under, through or in trust for the Owner;
c) To promptly pay, during the term of the rent, all existing and future rates, taxes, deposits,
cesses, assessments and outgoings in respect of the Demised Premises.
d) Forthwith upon expiry of the rental period, to refund in full to the Lessee, the security
deposit,
e) In the event of non payment of rent, for a period of 2 months or more, on or before the due
date aforesaid, the lesser shall have right to terminate this agreement and recover the
rental amount due out of the security deposit.
f) In case of any damage, destruction or alteration to the demised premises or erosion of
paint, the lessor shall recover such amount as is reasonable towards the repairs and towards
actual whitewashing charges.

5) The Lessee has made payment towards refundable security deposit to the Owner, an amount of
Rs.XXXXXXX, receipt and satisfaction whereof shall be acknowledged by the Owner. The said sums will
be held by the Owner during the period of the rental tenure as a refundable interest free security
deposit.

6) In the event of the rent remaining unpaid after becoming due or if any other term or condition herein
recorded and on Lessee's part to be performed shall be contravened, the Owner shall have the right to
terminate the rental agreement after going to Lessee one month's written notice.

7) This agreement shall be subject to the jurisdiction of the courts in Bangalore

IN WITNESS WHEREOF, the parties hereto have caused this agreement and a duplicate hereof to be
executed on the day and year first above written.

SCHEDULE - I

Demised Premises

The property situated at XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

SIGNED and DELIVERED by

Mr. XXXXX
the Owner aforesaid.

SIGNED and DELIVERED by

Mr. XXXXXXX
The lessee aforesaid

WITNESES:

Name Name

Signature Signature

Address Address

Email id Email id

Contact No. Contact No.