Dear Sir
Simple Rent Agreement is below with section 106 of Transfer of Property Act. If you I will prepare one for you.
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RENTAL AGREEMENT
This Rental Agreement is made and executed on this 17th Day of October Two Thousand Fifteen (17.10.2015) At Bangalore by and between:
Sri. V. SOMASHEKAR S/o late Venkatappa, aged about 65 years, residing at No. 26/1, Sanjeevappa Lane, Avenue Road Cross, Bangalore – 560002, hereinafter called the Lessor/Owner of the One part:
Smt. SMT. S. DEEPASHREE, aged about 33 years, W/o Mr. C. Kiran Kumar No. 2560, ‘Rangadhama’, 2nd Main Road, B.S.K. Second Stage, Bangalore – 560070. Hereinafter called as the Lessee/Tenant of the Other Part.
(Which expression shall include their respective successors, heirs, administrators and executors etc.,) and this agreement of rent witness as follows:
TERMS AND CONDITIONS:
1. That the owner shall let-out the tenant shall take on the schedule premises mentioned below for a period of 11 (Eleven) months, with basing amenities like Electricity terms and conditions hereunder contained.
2. That the tenant shall deep in refundable deposit with the owner a sum of Rs. 30,000/- (Rupees Thirty Thousand) only towards advance amount, by way of cash, which the owner both hereby admit acknowledge and confirm before the undersigned witnesses and rent payable to the schedule premises is Rs. 5,000/- (Rupees Five Thousand) only per month.
3. That it is further agreed declared and covenanted by the between the parties, that the House will be used and occupied by the following conditions:
(a) The tenant shall not make any material alternation to the schedule property unless approved and sanctioned by the lessor and in any such alternation. If permitted, shall be made by the tenant at there own costs, expenses and on such terms and conditions as may imposed by the owner such alternations and additions shall in all cases become the property of the landlord and the tenants shall not be entitled to any contribution or to any compensation on the account.
(b) The tenant has to pay the rent on or before 5th day of every month and 5% enhancement on existing rent if renewed.
(c) That the tenants shall use the property as there House and cannot transfer the tenancy or sub-let the whole or any portion to others without the permission of the owner. The tenant will not store any inflammable or combustible goods etc., The tenants shall pay the electric bills regularly without fail to the schedule premises. And water charges and water pumping motor charges in proportion and common maintenance charges etc.,
(d) It is nearby agreed that 60 days notice on either side is required for termination of the Rental Agreement.
(e) If the owner fail or neglects to pay the advance amount of herein before stated or otherwise commits any breaches of the convents, conditions and stipulations hereunder imposed or in adjudicated an insolvent, it shall be lawful, on the tenant to determine the rental agreement hereunder created by the appropriate notice and to use for recovery of money not with stand any waiver or conditions of the said breach.
(f) The tenant has inspection of the property and is fully satisfied about its conditions and internal arrangement and has hereafter freely and voluntarily agreed to the terms of tenancy hereunder provided and shall not hereafter make any grievance on any account whatsoever.
4. Save as aforesaid, the rights and obligations between the parties shall be governed by the law relating to statutory tenancy in force for the time being.
5. At the time of termination the tenants shall paid the schedule premises or painting charges of Rs. 5,000/- (Rupees Five Thousand) only (towards one month rent) shall be deducted from the Security deposit.
6. The tenancy shall be in force for a period for 11 (Eleven) months and the month of tenancy being the English Calendar month.
7. The owner has retained the original documents of this agreement and the tenant has retained the carbon or Xerox copy for his reference.
IN WITNESSES WHEREOF, both the owner and tenants has signed this Rental Agreement, before the undersigned witnesses:-
SCHEDULE
A portion of premises at ground floor measuring 22 feetX14 feet, consisting of single hall with electricity fittings i.e., tube lights and ceiling fans situated at No. 26/1, Sanjeevappa Lane, Avenue Road Cross, Bangalore – 560002.
WITNESSES:
1. (V. SOMASHEKAR),
Lessor/Owner.
2.
(S. DEEPASHREE),
Lessee/Tenant.
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Section 106 in The Transfer of Property Act, 1882
1[106. Duration of certain leases in absence of written contract or local usage.—
(1) In the absence of a contract or local law or usage to the contrary, a lease of immovable property for agricultural or manufacturing purposes shall be deemed to be a lease from year to year, terminable, on the part of either lessor or lessee, by six months' notice; and a lease of immovable property for any other purpose shall be deemed to be a lease from month to month, terminable, on the part of either lessor or lessee, by fifteen days' notice.
(2) Notwithstanding anything contained in any other law for the time being in force, the period mentioned in sub-section (1) shall commence from the date of receipt of notice.
(3) A notice under sub-section (1) shall not be deemed to be invalid merely because the period mentioned therein falls short of the period specified under that sub-section, where a suit or proceeding is filed after the expiry of the period mentioned in that sub-section.
(4) Every notice under sub-section (1) must be in writing, signed by or on behalf of the person giving it, and either be sent by post to the party who is intended to be bound by it or be tendered or delivered personally to such party, or to one of his family or servants at his residence, or (if such tender or delivery is not practicable) affixed to a conspicuous part of the property.]
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