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Rental Agreement



 

RENTAL AGREEMENT FORMAT

 

This Rent Agreement (hereinafter termed as “Agreement”) is made and entered into this [date] (hereinafter termed as “Said Date”) by and between [name] with its principal place of business located at [address] (the “Landlord”) and [name] with its principal place of business located at [name] (the “Tenant”)(collectively as “Parties”).

WHEREAS, the landlord is the lawful owner of the property located at [address], [description of the house].

 WHEREAS, the landlord had decided to rent out the said property to the tenant by [date of transferring possession]

WHEREAS, the agreement shall be effective from [date] hereinafter termed as “effective date”.

NOW, THEREFORE, the Parties hereby agree as follows:

1. The tenant has to pay the rent amount of [amount] by __th day of every month through [mode of payment] and [bank account details]

2. The tenant has to pay a refundable amount of [amount] by [last date of payment] as security.

3. The tenant has to give a notice one month prior to vacating the house.

4. The agreement shall be valid for 11 months from the date of the effective date.

4. [Any other terms or conditions]

Signed for and on behalf of                                   Signed for and on behalf of

[insert name of landlord]                           [insert name of tenant]

By:                                                   By:

Name:                                            Name:

Title:                                              Title:

 

 

 

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