RENTAL AGREEMENT

This Rental agreement executed at Karimnagar on this the

12-3-2016 between Alle Laxminarayana ,residing at 9-7-
64,ramanagar,Karimnagar, aged about 82] years, hereinafter
referred to as “OWNER” of the ONE PART and

Sravan Kumar Bathula, S/o Rsmnarayana residing at 9-7-

64,ramanagar,Karimnagar,aged 30 years, hereinafter referred to
as ‘TENANT’ of the OTHER PART.

The terms OWNER and TENANT shall mean and include their
respective heirs, executors, administrators, legal
representatives, successors, and assigns of their part as
parties wherever context admits it and includes the same.

WHEREAS the OWNER is the sole and absolute owner of the

residential property which is more fully described in the
SCHEDULE hereunder and at the enjoyment of the owner.

………………….…………………… …………………………………….
TENANT OWNER
WHEREAS the TENANT for want of residential purpose approached
the owner to let out the same on a monthly rental basis and, the
OWNER has agreed to let out the said premises under the
following terms and conditions:

01. The TENANT has paid this day a sum of 8000/- being
Security Deposit by cash on which the receipt of the same
is herewith acknowledged by the OWNER. The said deposit
shall not carry any interest at the time of refund.

02. The TENANT shall pay the OWNER a sum of 4000/- on or

before 5th of every succeeding English calendar month.

03. The term of this agreement of rent commence from 15-03-

2016 and it will remain in force a period of 11 months,
which is extendable for further period with the option
of TENANT. If not renewed on the 11th month, this
Rental Agreement shall stand invalid.

04. During the term, the Security Deposit amount will not
carry any interest and this amount fully refundable to
TENANT by OWNER while termination of this agreement
after deducting arrears of dues of TENANT such as
electricity Bill, damages, rent & etc.

05. The TENANT is liable to hand over intact, good

tenantable condition house property to OWNER at the time
of termination of this agreement of rent.

06. The TENANT shall pay the Electricity Charges in respect

of the rented property during the period of rental
agreement before the due dates specified by the TNEB.

07. The TENANT shall not sub-let or under let or part with
the possession of the schedule premises with any other
third party without the consent of the OWNER.

08. The TENANT is liable to allow the OWNER or his

representatives to inspect the house premises at any
reasonable hour, in the daytime, with prior intimation,
to view the conditions thereof and to effect such
repairs as the OWNER is required to do, and to carry out
any work and the TENANT shall allow the same to be done
without any objection.

………………….…………………… …………………………………….
TENANT OWNER
 09. The TENANT shall be entitled to fix temporary fittings,
fixtures and appliances in the rented property with the
consent of the OWNER and shall be liberty to remove them
while vacating the rented property without causing
damage to the construction and walls.

10. The TENANT shall replace at their cost all the fittings,
electrical installments etc., damaged by the TENANT and
all expenses for the maintenance of these items shall be
borne by the TENANT.

11. The TENANT shall not make any structural additions or

alteration to the rented property.

12. If any damages occurred due to the negligence of the

TENANT, such damages will be borne by the TENANT OR such
charges will be deducted from the security deposit
amount

13. The OWNER shall pay the Urban Tax, Municipal Taxes and
other taxes and outgoing both present and future in
respect of the rented property up to date and ensure
uninterrupted occupation by the TENANT during the period
of rental agreement.

14. On termination of this rental agreement the TENANT shall

hand over vacant possession of the rented property along
with the permanent fixtures listed to the OWNER in good
condition only.

15. Either the parties shall give 3 months prior notice at

the time of vacating the premises.

16. The TENANT 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..

17. The TENANT shall not create any untoward disturbance or

nuisance and shall not allow any anti-social person in
the said premises.

18. The TENANT shall not keep or store any illegal

inflammable article or explosives that endanger life and
property.

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TENANT OWNER
SCHEDULE

The premises of Rent Portion in the First/Second/Ground Floor of

[ADDRESS], consisting of Two Bed rooms, Hall, Kitchen, two
Bathroom & toilets with Electricity and water facilities.

It witness whereof the parties above named have set their hands
and signature on this [DATE] written at Chennai in the presence
of witnesses.

………………….…………………… …………………………………….
TENANT OWNER

WITNESSES

1 …………………………………………………………
Signature

NAME : …………………………………………………….

ADDRESS : …………………………………………………….

…………………………………………………….

…………………………………………………….

2 …………………………………………………………
Signature

NAME : …………………………………………………….

ADDRESS : …………………………………………………….

…………………………………………………….

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