RENTAL AGREEMNENT

This rental agreement is made and executed on this 18 May 2016, Hyderabad
T.S by:
, aged about 41 years, Occ: business, R/o House No. bad, T.S.
Hereinafter called the TENANT which term shall mean and include all heirs,
successors, legal representatives, administrators, assigns etc., of the ONE PART.
IN FAVOR OF
Mr.MOHD NAWAB AHMED S/O MOHD. ZAMEERUDDIN aged about 64
YEARS, Occ : Business, resident of H. No. 12-1-925/1/2, Mallepally, Hyderabad,
T.S.
Hereinafter called the LANDLORD which term shall mean and include all heirs,
successors, legal representatives, administrators, assigns etc., of the OTHER
PART.

LANDLORD

TENANT

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Whereas the above named Landlord is the absolute owner and possessor of
property bearing shop No. 5, zeba bagh, Asif nager, Hyderabad, T.S hereinafter
called the scheduled property.
And whereas being in need of premises the tenant approached to the landlord
and requested to let out the said property on a monthly rent of Rs. 4500/( Rupees Four Thousand five hundred only) and the landlord agreed to let out
the same on the following terms and conditions:
NOW THIS RENTAL; AGREEMENT WITNESSETH AS FOLLOWS:
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That the Tenancy commencing from 1st June 2016 this rental agreement for
the period of (11) months for advertising business.
That the tenant shall be entitled to pay the monthly rent of Rs4,500/( Rupees Four Thousand five hundred only) which shall be paid on or before
5th of every English calendar month without arrears to be accumulated.
That the above mentioned rent is excluding electricity consumption charges
which shall be paid by the tenant.
That the tenant shall keep the let-out property in neat and clean condition
without any wastage and damages. And the tenant shall not make any major
repair or alterations without written permission of the landlord and the return
the premises in as it is condition.
That the Tenant shall not sublease the let out the schedule property to any
other person or persons.
That the Tenant shall permit the Landlord or his representative to inspect the
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let out premises at all reasonable times.

That both the parties shall serve (2) months prior notice for the termination
of this rental agreement.
That this Rental Agreement can further be extended with the mutual consent
of both the parties subject to the conditions with the enhancement of rent i.e.
10% on every renewal.
That the Tenant have deposited a sum of Rs 40,000 (Rupees Four Thousand
five hundred only) which shall be refunded at the time of vacating the
premises without any interest, that the tenant has paid running rent in
advance.

IN WITNESS WHEREOF the tenant & Landlord signed this rental agreement with
their own free will on this the day, month and year first mentioned above in the
presence of following witnesses:
Witness :

TENANT

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2.

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