LEASE AGREEMENT

This Agreement Made at <city> this <day> of <month> <year> between

<Owner> residing at No:..hereinafter called the LESSOR (which expression wherever the
context so requires, shall mean and include her heirs, executors, and assigns of the one part),
And
<Tenant> residing at.herein after referred to as the LESSEE (which expression shall
wherever the context so requires or admits mean and include its successors) of the other part;
AND WHEREAS the Lessor is the absolute owner of the property located at <Address of
Property> described in the Schedule I attached hereto, hereinafter referred to as the Premises.
AND WHEREAS the Lessee has approached the Lessor to give the said Premises on lease for
use and occupation by the lessee, as his residence and the Lessor has agreed to the same on the
terms and conditions hereinafter mentioned.
AND NOW THIS AGREEMENT WITNESSETH:
1. The Lessor hereby grants the Lessee and the Lessee hereby accepts from the Lessor the lease
of the said Premises for a period two years (two years), effective from 18th August 2006, and upon
the terms and conditions hereinafter mentioned.
2. This Agreement shall be in force for a period of <Lease Period> from <From Date> and the
terms and conditions herein contained. After such period the Lessee and Lessor may renew this
lease on the same terms for a further period of one term, after which it shall be renewed with a
rental increase of a mutually agreed amount.
3. The rent for the use and occupation of the said Premises shall be <Monthly Rent Amount> per
month, payable on or before the 5h of the succeeding month, by cheque favoring <Payable to>

4. The Lessee has paid a sum of <Security Deposit Amount> as interest-free Security Deposit
to the Lessor. It is agreed that the amount paid by the Lessee is to be refunded to the lessee on
the day of expiry of this lease or on earlier termination, subject to adjustments towards rental dues,
breakages, damages and restoration of the property to the original condition, normal wear and tear
excepted.
The Lessee shall bear the electricity & other utility charges and day-to-day maintenance of the
premises and common areas
The lessor shall pay property tax, water and sewerage tax, and any other tax and rates as may be
applicable.
5. It is hereby agreed by and between the parties that, notwithstanding anything contained herein
during the subsistence of this agreement and renewal thereof, the Lessee or the Lessor shall have
the option to terminate this agreement by giving to each other two months prior notice in writing,
and this agreement will accordingly stand terminated on the expiry of the said period of notice.
6. The Lessee shall not transfer, sub let or part with the possession of the Premises or any portion
thereof without prior written consent of the Lessor.
7. The Lessee shall not do any act or deed in contravention to any Government acts, rules &
regulations, or conditions or rules imposed by any local bodies like the corporation, CMDA etc..
8. The Lessee shall hand over vacant possession of the said premises to the Lessor on
termination of this agreement or its renewal as the case may be, in the same condition as it was at
the commencement of this lease with reasonable wear and tear excepted. In the event of the
lessee painting the walls a different colour or affixing nails on the wall, adding or removing
electrical wiring, the same must be removed/ replaced, and the premises restored to the original
condition at the time of vacation of the premises, failing which a sum up to one months rental shall
be forfeited from the security deposit towards such repairs and restoration.
9. The Lessee shall not carry out any structural alterations and additions or changes in the said
premises without the prior consent in writing from the lessor.
10. The Lessee shall keep the interior of the said Premises and the fittings and fixtures including
electrical sanitary and plumbing therein in good and usable condition subject to normal wear and
tear.

11. Subject to the provisions of clause 10 above, the Lessor shall be responsible for carrying out
any major repairs when needed in the said premises whether external or internal including of the
electrical, sanitary and plumbing systems windows, floors, plasters, tiles and shall keep the said
premises in proper repair at his own cost.
12. The Lessor and his agent or contractors, authorised by the Lessor shall have full liberty to
inspect said premises at any reasonable hour, in the daytime, with prior intimation, to view the
conditions thereof and to effect such repairs as the Lessor is required to do, and to carry out any
work and the Tenant shall allow the same to be done without any objection.
13. The Said Premises shall be used only for the purpose as a residence for <Mr. Tenant> and his
family members only and not for any other purpose
IN WITNESS WHEREOF THE PARTIES HERETO HAVE SET THEIR HANDS THE DAY MONTH
AND YEAR ABOVE FIRST WRITTEN
LESSOR:

LESSEE:

WITNESS:

WITNESS:

Schedule I

<List the House Inventory i.e. Electrical Fittings Lights, Fans, Geysers etc:
Hall / Living Room:
1. Tiled Flooring.
2. Showcase on the wall with Glass sliding doors.
3. Two Celing Fans.
4. Two Tube Lights.
5. Switchboards & Electrical Plug Points.
6. Godrej Latchet on the Main Door.
Bedroom with attached bath:
1. Tiled Flooring.
2. LG Air Conditioner and Remote.
3. One Covered Cupboard with Cloth Hangar.
4. One Celing Fan.
5. One Tube Light.
And so on.. >

WITNESS WHEREOF THE PARTIES hereto have affixed their respective signatures to this deed
on the day, month and year above written.