This rental agreement is made and executed on this 6 th day of
November 2019 by and between:
Mrs. D. Manjula, wife of B. Sethuraman, aged about 71 years, residing at
No.5, 14th Street, Balaji Nagar, Anakaputhur, Chennai-600 070, hereinafter called the ‘OWNER’ OR THE Party of First Part.
And
Mr.M.Rajakaleeswaran, Aged 28 Years residing at Plot No:218, II
Floor, 4th Cross Street, Metrostar city, Manikandan nagar, Kundrathur, Chennai 600 069, hereinafter called the ‘Tenant’ of the Second Part. owner of property Plot No. 448, Sri Metha Nagar, Survey No 85, Kundrathur Village, Chennai 600 069, the owner has decided to let out the same to the said tenant under the following terms and conditions.
Conditions of Agreement Are As Follows:
1. This rental agreement is for a period of 11 months with effect from 1 st
November 2019. 2. The First Party herein Let the premises to Second Part only for purpose of residency not for any commercial act. 3. The Tenant shall pay rent Rs 5200/- (Five Thousand Two Hundred Only) on or before 10th of every succeeding month. 4. The Tenant has paid Rs 25000/- (Twenty Five Thousands only) as advance and security deposit to Owner, which sum the owner hereby acknowledges. The said sum carrying no interest, but refundable to the tenant at the time of vacating the scheduled premises after deducting any arrears in rent, electricity bills, breakages, cleaning and painting charges. 5. The Tenant shall bear and pay the electricity consumed to the TNEB as per their monthly bill and other utility charges. 6. The Tenant shall pay the monthly maintenance bill whatever the apartment society charges. The maintenance bill would cover water, common electricity bill and common area maintenance. 7. In case the Tenant wants to vacate the premises before the period available to them, they should give One month notice, in writing, or one month rent in lieu of the notice period. The OWNER also shall give one month notice to the Tenant for terminating the Lease period. 8. The OWNER and Tenant on mutual agreement can renew this Agreement for a further period of 11 month. In such event the Tenant shall pay and enhance the rent by 10% upon renewal of this agreement. 9. The Tenant shall not have any right to claim deduction of rent from the security deposit amount. On the other hand the Tenant shall keep paying the rent as agreed. 10. The owner shall have the right to terminate the tenancy if the tenant fails to pay the rent regularly for a consecutive period of two months or commits breach of any of the terms herein and taken possession of the tenancy. 11. The Tenant agrees not to sub-let or under-let the schedule premises in whole or part to any third person/party. 12. The Tenant shall keep and maintain the schedule premises clean and in good condition, if any damage shall be borne by the Tenant same will be deducted from the security deposit. 13. At the time of vacating the schedule premises, half month rent will be deducted towards painting charges of the scheduled premises. 14. The tenant shall use the premises only for above said purpose and shall not use it for any offensive and other than residential purpose and shall not without the written consent of the owner. 15. The owner shall allow the tenant the peaceful possession and enjoyment of the premises during the tenancy period the tenant acts up to the terms of this agreement.
In witnesses whereof the Tennant and the Owner have signed the deed of rental agreement on the day month and year above written.