RENTAL AGREEMENT
(11-month residential lease)
THIS AGREEMENT made at _______________ on this 2026-05-04, BETWEEN
_______________, residing at _______________, hereinafter called the “LESSOR” or “LANDLORD” (which expression shall include heirs and assigns) of the ONE PART
AND
_______________, residing at _______________,hereinafter called the “LESSEE” or “TENANT” (which expression shall include heirs and assigns) of the OTHER PART.
1. Property
The Lessor hereby agrees to lease to the Lessee the following premises (hereinafter the “Premises”): 1 BHK apartment located at _______________.
2. Term
The lease shall commence on 2026-05-04 and continue for a period of 11 (eleven) months, renewable by mutual consent of both parties on the same or revised terms.
3. Rent
The Lessee shall pay a monthly rent of ₹25,000 (Twenty Five Thousand Rupees Only), payable in advance on or before the 7th of each English calendar month, by bank transfer to the Lessor's designated account.
4. Security Deposit
The Lessee shall deposit a sum of ₹75,000 (Seventy Five Thousand Rupees Only) as an interest-free refundable security deposit at the time of execution of this agreement. The deposit shall be refunded to the Lessee within 30 days of vacating the Premises, after deducting any unpaid rent, utility dues, and damages beyond normal wear and tear.
5. Maintenance and Utilities
Maintenance charges, water and electricity bills, gas and internet charges shall be paid by the Tenant. Property tax shall be borne by the Lessor.
6. Use of Premises
The Premises shall be used solely for residential purposes and not for any commercial, illegal or unauthorised activity. The Lessee shall not sublet the Premises without prior written consent of the Lessor.
7. Notice to Vacate
Either party may terminate this agreement by providing 1 month written notice. Both parties shall be bound by the lock-in period (if any) as separately agreed.
8. Inspection
The Lessor or his/her representative shall have the right to inspect the Premises with reasonable prior intimation to the Lessee.
9. Alterations
The Lessee shall not make any structural alterations or additions without prior written consent of the Lessor.
10. Jurisdiction
Any disputes arising from this Agreement shall be subject to the jurisdiction of the courts of _______________.
IN WITNESS WHEREOF, the parties have set their hands on the day and year first above written.
LESSOR (Landlord)
LESSEE (Tenant)
SIGNED in the presence of:
Witness 1: __________________________
Address: __________________________
Witness 2: __________________________
Address: __________________________