DEED OF LEASE/RENT This rent Deed Has been executed at Ludhiana on24-12-2019 between 1. _____________________________ S/o, W/o,D/o ______________________ R/o Hereinafter called the party of first Part/tenant. 2. __________________________S/o,W/o,D/o _____________________R/o_________ ______________________________________________________________________ Hereinafter called the party of Second Part /landlord/landlady. Whereas the party of second part has let out shop/Portion_______________________ _________________________________________________to the first Party/tenant on a Monthly rent of Rs. ________________per month. THE TERMS AND CONDITIONS AGREED BETWEEN THE PARTIES ARE AS UNDER:1. That the rent of the said tenancy premises will be paid by the tenant in advance every month By --------day. The rent will be increased by 5 per cent every _____ to years 2. That the electricity bill be paid by the tenant in addition to extra the rent. 3. That the tenant will have no connection with roof of rented portion of property. 4. The day to day repair of Premises will be responsibility of the tenanat. 5. That the tenant will not sublet the above said tenancy premises to nay person and deliver its vacant procession to the owner on its vacation. 6. That the tenat shall use the Premises to achieve the object of the firm time to time. 7. That any notice from one party to the other Party to his deed shall be writing against acknowledgement due at their respective address mentioned above or on the duty mentioned above or on the duly information changed address. 8. That the lease of the Premises is for the Period of 11 months and can be renewed after 11 months with the consent of both the lesser and the lessee. In case the lesser wants to terminate the tenancy of the lesser after 11 months then the said Lesser shall serve upon a notice of the on month in advance. In witness where of both the Parties have set their hands on the deed of lease at ludhian on the _________________________mentioned above in the Presence. WITNESS TENANT LANDLORD WITNESS
