Tuesday, July 3, 2012

sff

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RENTAL AGREEMENT

This RENTAL AGREEMENT is made and executed on this nd day of October 00 at Bangalore BETWEEN

Mr. Mohamed Bakshi.




No 8,Second Cross,

First Main,Lalji Nagar

Lakkasandra

Bangalore 560 00

hereinafter referred to as LESSOR/OWNER of the ONE PART AND

Mr. Shahul Hameed.P

Working as a Software Engineer,

At Hewlett-Packard India Software Operations (P) Ltd.,

Cunningham Road

Bangalore 56 005

hereinafter referred to as LESSEE / TENANT of the Other Part withnesseth as follows

WHEREAS the Lessor is the absolute owner of premises at No 8,Third Floor, Second Cross, First Main, Lalji Nagar, Lakkasandra, Bangalore 560 00, together with the fixtures and fittings contained therein, described in the schedule hereto, hereinafter referred to as the PREMISES

WHEREAS the lessor has, at the request of the lessee, agreed to rent out one portion of the premises in the THIRD FLOOR subject to the terms and conditions appearing hereinafter.

1. The lease is for a period of 11 months effective from 8th October 00.

. The Lessee has agreed to pay Rs. 4500/- (Four Thousand and Five hundred Only) as monthly rent.

. The Lessee has paid Rs. 50,000/-(Rupees fifty thousand only) as an interest free refundable security deposit. The Lessor shall refund this deposit amount to the lessee immediately on the expiry or sooner termination of this Agreement.

4. The Lessee shall use the above premises only for his residential purposes.

5. The Lessee shall keep the premises in good condition and shall not sub-let the same to any third party.

6. The Lessee shall pay the monthly rent on or before the 5th of every English Calendar month.

7. The Lessee shall promptly pay Electricity charges as per the bills received from KPTCL.

8. The lessee shall share the monthly water charges with the other tenants.

. The lessor shall bear and promptly pay all Corporation taxes, rates and levies imposed or charges payable on the premises

10. The lessor/lessee shall be at liberty to this agreement by giving TWO MONTHS advance notice to the other party.

11. The lessor may also terminate this Agreement if the monthly rent remains unpaid for two consecutive months after the due date.

1. On the expiry or sooner termination of this Agreement, the lessee shall hand over the premises to the lessor in the same condition in which it was given, reasonable wear and tear expected, and the lessor shall refund to the lessee the security deposit as set out in Clause above.

1. The lessee shall allow the lessor to inspect the premises at intervals with prior intimation by the lessor to the lessee.

14. If there are any arrears of rent, Electricity or water charges or if any damage is caused by the Lessee to the premises / fixtures / fittings, such amount shall be deducted by the lessor from the security deposit.

15. This Agreement may be renewed on its expiry for such a period and on such terms and conditions as may mutually be agreed to.

SCHEDULE

One portion of Third Floor of premises at No 8, Second Cross, First Main, Lalji Nagar, Lakkasandra, Bangalore 560 00, consisting of Hall, bed-room, Kitchen, Bath and Toilet with Electricity and water connection.

IN WITNESS WHEREOF both the parties have signed this RENTAL AGREEMENT on the date mentioned above.

WITNESSES

1. LESSOR / OWNER ________________________

LEESEE / TENANT ________________________





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