RENT
AGREEMENT
This Rent Agreement made on ____
day of _____ 20XX between Sh. _______________ S/o _________ R/o _________________,
Partner M/S ________________ here in after referred to as the
party of the first part.
----Tenant----
AND
___________ s/o ____________ R/o _________________
herein after referred to as the party of the second part.
---Landlord---
WHEREAS the party of the Second
part is the owner of the premises at _____________________ and the party of the
first part is the partner/ prop of M/S
______________ AND WHEREAS the party of the Second part in its
capacity of owner of a Premises gives it on rent to the party of the first part
on a monthly rent of Rs. _________.
AND WHEREAS to avoid any further
dispute the parties have decided to bring the terms & conditions of the
rent deed into black & white.
NOW
THIS DEED WITNESSES AS UNDER: -
1. That the party of the first part will
give a rent of Rs.__________ per month to the party of the 2nd part for using the Premises.
2. That the party of the 1st part will be
responsible for the maintenance of the Premises.
3. That the party of the 1st part will
vacate the Premises within one month on receiving the notice from the party of
the 2nd part.
That this rent
Agreement will remain in force for 5 years from the date of its execution and
there shall be increase in 10% of rent every year.
IN WITNESS
WHEREOF THE PARTIES have signed this rent deed in Jammu in the presence of the
Witness on this _____ day of ____ 20XX.
WITNESSES
1. 1.
Sh. ______________
2. 2. ________________
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