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This document is a rent agreement between Mrs. Shrimati Usha S Deshmukh (Landlord) and Mr. Vikas Kumar (Tenant) for a residential property in Pune, India, starting from November 18, 2024, for a period of 11 months at a monthly rent of Rs. 10,500. The agreement outlines responsibilities for maintenance, utilities, and conditions for termination, including a security deposit of Rs. 31,500 and a lock-in period of two months. Both parties agree to mutual consent for lease extension and stipulate that the Tenant cannot sublet the property.
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ISS INDIA
INDIA NON JUDICIAL |
RENT AGREEMENT
THISAGREEMENT is made on this the18th day of Nov, 2024 between Mrs. SHRIMATI USHA S DESHMUKH
Residing at - APT PLNO 29 SNO 78 NR BHUSARI COL PAUD ROAD KOTHRUD PUNE 411029
India(herein after jointly and severally called the*Landlord’, which expression shall include his heirs,
legal representatives, successors and assigns).
‘AND
MR.VIKAS KUMAR having permanent address at, H.NO 12/1, HARKESH NAGAR TILPAT, AMARNAGAR,
FARIDABAD, HARYANA 121003 India (herein after called the “Tenant”, which expression shall,
include his legal representatives, successors and assigns). WHEREAS the Landlord is the absolute
absolute owner of the House situated at Residing at - APT PLNO 29 SNO 78 NR BHUSARI COL PAUD ROAD
KOTHRUD PUNE 441029 consisting of kitchen and in built fitings & fixtures and inventory
of the equipments, hereinafter referred to as "Leased Premises”.
WHEREAS the Tenant requested the Landlord to grant lease with respect to the above property and the
Landlord has agreed to lease out to theTenant the above property for Residential purpose only, on the
following terms and conditions: NOW THIS DEED WITNESSETH AS FOLLOWS:
1. Rent and Area
a. The leasevin respect of the “Leased Premises" commenced from 18 November 2024 andshallterminate
‘on 18 October 2025 (for a period of 11 months). Thereafter, the lease may be extended further on
mutual consent of both the parties.
b, The Tenant shall pay theLandlordamonthly rentof RS.10500I- The rent shallbe paidon orbefore
day 9 ofeach English Calendar Month.
c. The Tenant has paidtheLandlorda security deposit of Rs.31500/-
2. Maintenance, Electricity and Water Charges
a. The Tenant shall pay to the Landlord a monthly maintenance charge of Rs.0/- towards Maintenance of
the "Leased Premises’.‘+b. During the lease period, in addition to the monthly rent payable to the Landlord, the Tenant shall pay
for the use of electricity as per bills received from the Authorities concerned directly.
‘+ G.ltis the responsibilty of the Tenant to pay and clear all the dues of electricity bills according to the
readings on the respective meters till the date the possession of the premises is handed over by the
Landlord to the Tenant.
‘+d. And itis the responsibilty of the Tenant to pay the same up to the date of vacating the property at the
time of handing over possession of the premises back to the Landlord,
3. Damages, Repairs and Alterations
+ a. Allthe sanitary, electrical and other fitings and fixtures and appliances in the premises shall be handed
‘over from the Landlord to the Tenant in good working condition. Upon returning the premises, all the
sanitary, electrical and other fitings and fixtures shall be restored by the Tenant to a good condition as
they are at present, subject to normal wear and tear or damage by acts of God.
+b, The day-to-day minor repairs such as leakage in the sanitary fitings, water taps and electrical usage
tc. willbe the responsibilty of the Tenant at his own expense. However, any structural or major repairs, if
'30 required due to poor construction (such as damage in Plaster, Poor wiring of house) shall be carried
‘out by the Landlord,
‘+c. The Landlord shall hold the right to visit in person or authorized agents, servants, workmen etc., to
enter the Leased Premises for inspection (not exceeding once in a month)’ or to carry out
repairs/construction, as and when required, by giving a 24 hours notice to the Tenant.
‘+ d.No structural additions or alterations shall be made by the Tenant in the premises without the prior
written consent from the Landlord. On termination of the tenancy or earlier, the Tenant shall restore the
changes made, if any, to the original stat.
+e. The Landlord represents that the Leased Premises is free from all construction defects such as
vakage, cracks in house walls including that of compound walls, breakage of floor ties, etc.
4. Tenant's Responsibilities
‘The Tenant hereby assures to the covenants with the Landlord that:
‘* a. The Tenant shall Not Allowed to sublet, assign or part with the Leased Premises in whole or part
thereof to any person under any circumstance whatsoever and the same shall be used for the
bonafide Residential purposes of the Tenant and his family and guests.
+b, The Tenant will keep the Landlord free of harm and free from all losses, damage, liability or expense
due to acts or neglects of the Tenant or his visitors whether in the leased premises or elsewhere in the
building or its approaches,
‘+c. The Tenant shall maintain the Leased Premises in good and tenable condition. The Tenant shall hand
‘over the vacant and peaceful possession of the Leased Premises on termination of the lease period, in
the same condition subject to natural wear and tear.
‘+d, The Tenant is Allowed to keep Pets inside the Premises.
5, Landlord’s Responsibilities
‘The Landlord hereby assures to the covenants with the Tenant that:
‘© a. The Tenant, abiding by the terms of the lease, shall be entitled to peacefully and quietly hold and enjoy
the Leased Premises during the period of this lease, free of any interference from the Landlord,
‘+b. The Landlord shall indemnify the Tenant against all damages, costs and expenses incurred by the
Tenant as a result of any defect in the tile of the Landlord which disturbs the possession and enjoyment
of the Leased Premises by the Tenant under the covenants herein before contained.
© c. The Landlord represents that he has complied with all the statutory payments of the property including
that of taxes, penalties, electric charges, water charges etc if any. The Landlord also represents that there
is no Charge including mortgage due existing on the Leased Premises which would affect the peaceful
possession by the Tenant of the Leased Premises.
6. Lease Termination & Extension1a. Notice Period - The lease shall terminate at the end of the lease period as referred above or by a prior
notice of 1 month by either parties, ater the lock-in period, if any.
b. Percentage increase in Rent - The lease may be extended further on termination by both parties on
mutual consent with 5% increase in the monthly rent.
c.f the Tenant cannot use the premises or any part thereof for residential purposes because of natural
calamities or any commations, or is acquired by any Government authority, the Tenant shall have the
right to terminate the lease forthwith and vacate the premises and the Landlord shall refund the deposits
and advance payments to the Tenant.
4d. In the event the Landlord sells, transfers or alienates the leased premises or any part thereof or its
right, tile and interest, then the Landlord shall terminate the lease after giving 1 month notice to the
Tenant,
7. Additional Clauses
41. Refund of Security Deposit - The Security deposit shall be refunded by the Landlord to the Tenant at
the time of handing over possession of the Leased Premises by the Tenant upon expiry or sooner
termination of this lease after adjusting the dues (if any) or cost towards damages caused by the
negligence of the Tenant or the person he is responsible for. This excludes normal wear & tear and
damages due to act of god. No interest shall be paid on the deposit amount.
2, Lock in Period - The lease shall have a lock-in period of 2 months before which termination is not
possible by either parties. If either party terminates the lease during the lock-in period, then they shall pay
‘a sum equal to two months rent to the other party.
3. The Tenant and the Landlord represent and warrant that they are fully empowered and competent to
‘make this lease.
4, This agreement shall be executed in duplicate. The original shall be retained by the Landlord and the
duplicate by the Tenant.
IN WITNESS WHEREOF the parties hereto have executed these presents the day and the year first here
in above written,
WITNESSES:
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(LANDLORD) (TENANT)
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VALID OUTSIDE INDIA
ATTESTED