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LEASE AGREEMENT

This Lease Agreement (“Agreement”) is made on ______ day of

_____________; 2022.

Between

Mr. _____________________________
(“Landlord”)
And

Mr. _____________________________
(“Tenant”)

The Landlord and Tenant are collectively referred to in this

Agreement as the “Parties”.

NOW, for the covenants contained herein, and other good and
valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the Parties agree as follows:

Term Period of The Lease:

This Agreement shall begin on ________________ and end on

____________________, hereinafter known as the “Term Period of The
Lease”.

Lock – In Period:

The Lock – In Period for this Agreement shall be for a period of 06

(Six) Months from the date of Execution of this Agreement.
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Description of the Property:

The Landlord agrees to lease the described property to the Tenant;

lying and being at _______________________________________; having
____________________________ (type of tenancy).

Occupants:

The Premises is to be used as _________________ only. The Tenant

will have additional Occupant(s) residing in the said Premises i.e.,
(name of the family members) (“Occupant(s)”) and will not have
additional Occupant(s) residing in the said Premises.

Rent / Monetary Consideration:

The Rent / Monetary Consideration to be paid by the Tenant to the

Landlord throughout the term of this Agreement is to be made in
monthly installments of Rs. _____________/- (“Rent”) and shall be
due on 05th day of each month (“Due Date”). The Rent should be
paid by Cheque, Bank Transfer or by any other Online mode of
payment.

Security Deposit:

Upon the due execution of this Agreement, the Tenant shall Deposit
with the Landlord the sum of Rs. ____________/- receipt of which is
hereby acknowledged by the Landlord, as security for any damage
caused to the Premises during the term hereof. Such Deposit shall
be returned to the Tenant, less any itemized deductions, within 15
days after the end of the Term Period of The Lease.

Furnishings:

The Premises is Furnished with the following items:

______________________.
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Late Fee:

If the Rent is not paid within 10 days from the Due Date, the
Tenant will be charged a Late Fee of Rs. ______________.

Returned Cheque(s):

If the Tenant submits Cheque(s) that bounces / dishonors due to

insufficient funds or any other reason of whatsoever nature, the
Tenant will be charged a fee of Rs. 500/- (Rupees Five Hundred
Only) per incident.

Appliances:

The Landlord shall provide the following Appliance(s):

__________________________.

Parking Space:

The Tenant is allotted _____ parking space(s) free of charge

(included in Rent). The Parking Lot can be described as
__________________.

Move – In Inspection:

At the commencement of the Term Period of The Lease, the Parties

shall Inspect the Premises and record any apparent damages or
potential repairs on a Move - In Checklist.

Notices:

Any and all Notice(s) sent by the Landlord or the Tenant to each
other shall be sent to the following addresses:
Landlord’s Mailing Address: ______________________________________.
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Tenant’s Mailing Address: ________________________________________.

Agent / Manager:

The Landlord does not have a Manager for the said Premises.

Sale Of Property:

In the event the Premises is sold, the Landlord is to notify the

Tenant as to the name(s) of the new Owner(s) and Manager(s) (if
applicable) and provide contact information of the said New
Owner(s). The new Owner(s) has the right to terminate the
Agreement, so long the Tenant is delivered a notice 30 days’ in
advance of the termination.

Pets:

The Tenant is not permitted to have pets of any nature on the

Premises.

Smoking:

Smoking in / on the Premises is not permitted on the Premises and

also in common areas of the said Premises.

Inspection Of Premises:

The Landlord and the Landlord's Agent(s) / Manager(s) (if any) shall
have the right at all reasonable times during the term of this
Agreement and any renewal thereof, to enter the said Premises for
the purpose of inspecting the said Premises and all buildings and
improvements thereon by providing Twenty Four (24) hours’ Notice.
And for the purposes of making any repairs, additions or alterations
as may be deemed appropriate by the Landlord for the preservation
of the Premises or the building. The right of entry shall likewise
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exist for the purpose of removing placards, signs, fixtures,
alterations or additions, that do not conform to this Agreement or to
any restrictions, rules or regulations affecting the Premises.
Maintenance, Repair And Alterations:

Tenant will, at the Tenant’s sole expense, keep and maintain the
Premises in good, clean and sanitary condition and repair during
the term of this Agreement and any renewal thereof. The Tenant
shall be responsible to make all repairs to the Premises, Fixtures,
Appliances and Equipment therein that, may have been damaged
by the Tenant’s misuse, waste or neglect, or that of the Tenant’s
family, Agent(s) or Visitor(s). That, the Tenant agrees that, no
painting or alterations will be performed on or about the Premises
without the prior written consent of Landlord. The Tenant shall
promptly notify the Landlord of any damage, defect or destruction of
the Premises or in the event of the failure of any of the appliances
or equipment. The Landlord will use its best efforts to repair or
replace any such damaged or defective areas, appliances or
equipment.

Waiver:

No delay or failure of the Landlord to enforce any part of this

Agreement shall be deemed as a Waiver thereof, nor shall any
acceptance of any partial payment of Rent or any other amount due
be deemed a waiver of the Landlord’s right to the entire amount
due.

Severability:

If any provision of this Agreement or the Application thereof shall,

for any reason and to any extent, be invalid or unenforceable,
neither the remainder of this Agreement nor the Application of the
provision to other persons, entities or circumstances shall be
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affected thereby, but instead shall be enforced to the maximum
extent permitted by law.

Liability:

The Landlord shall not be liable for any damages or losses to the
Tenant, its Occupant(s), Guest(s), Invitee(s) or other Person(s)
regardless of the cause therefore, unless caused by the gross
negligence or willful misconduct of the Landlord. The Tenant shall
Indemnify, Defend and Hold the Landlord harmless from any and
all Loss, Damage or Claims of any type due to the actions of the
Tenant, its Occupant(s), Guest(s) or other Invitee(s) resulting in
damage to any person or property.

Default:

If the Tenant fails to comply with any of the financial or material

provisions of this Agreement or of any present rules and regulations
or any that may be hereafter prescribed by the Landlord, or
materially fails to comply with any duties imposed on the Tenant by
statute or State laws, within the time period after delivery of Written
Notice by the Landlord specifying the non – compliance and
indicating the intention of the Landlord to terminate the Agreement
by reason thereof, the Landlord may terminate this Agreement. If
the Tenant fails to pay the Rent / Consideration when due and the
default continues for the time period specified in the Written Notice
thereafter, the Landlord may, at their option, declare the entire
balance (compiling all months applicable to this Agreement) of
Rent / Consideration payable hereunder to be immediately due and
payable and may exercise any and all rights and remedies available
to the Landlord at law or in equity and may immediately terminate
this Agreement. The Tenant will be in default if:
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(a) The Tenant does not pay Rent or other amounts that are owed;
(b) The Tenant, their Guest(s) or the Occupant(s) violate this
Agreement, rules, or fire, safety, health, or criminal laws, regardless
of whether arrest or conviction occurs;
(c) The Tenant abandons the Premises;
(d) The Tenant gives incorrect or false information in the rental
application;
(e) The Tenant, or any Occupant(s) is arrested, convicted, or given
deferred adjudication for a criminal offense involving actual or
potential physical harm to a person, or involving possession,
manufacture, or delivery of a controlled substance, marijuana, or
drug paraphernalia under state statute;
(f) Any illegal drugs or paraphernalia are found in the Premises or
on the person of the Tenant, Guest(s) or Occupant(s) while on the
Premises and / or;
(g) as otherwise allowed by law.

Abandonment:

Abandonment shall have occurred if, without notifying the

Landlord, the Tenant is absent from the Premises for the State
mandated minimum time – period or Seven (7) days, whichever
length of time is less. In the event of Abandonment, the Landlord
will have the right to immediately terminate the Agreement and
remove the Tenant’s personal possessions.

Compliance With Law:

The Tenant agrees that during the Term Period of The Lease that,
they shall promptly comply with any present and future Laws,
Ordinances, Orders, Rules, Regulation and Requirements of the
Federal, State, County, City and Municipal Government or any of
their Departments, Bureaus, Boards, Commissions and Officials
thereof with respect to the premises, or the use or occupancy
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thereof, whether said compliance shall be ordered or directed to or
against the Tenant, the Landlord or both.

Guests:

The Tenant is not permitted to have persons living on the Premises

other than the Tenant and Occupant(s) listed herein above. The
Guest(s) to the Premises can stay for a maximum of Forty Eight (48)
hours unless the Tenant obtains written approval from the
Landlord.

Insurance:

The Tenant is advised and understands that the personal property

of the Tenant is not insured by the Landlord against any damage or
loss, and the Tenant agrees that the Landlord shall have no liability
in connection with any such damage or loss. The Tenant shall
procure Renter’s Insurance to protect the Tenant’s property and for
liability claims, and shall provide evidence thereof to the Landlord
upon the Landlord’s request.

Assignment And Subletting:

The Tenant shall not assign this Agreement or Sublet any portion of
the Premises without prior Written Consent of the Landlord, which
shall not be unreasonably withheld.

Joint And Several:

If the Tenant is comprised of more than one person, each person

shall be jointly and severally liable under this Agreement.
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Hazardous Materials:

The Tenant agrees not to possess any type of personal property that
could be considered a fire hazard such as a substance having
flammable or explosive characteristics on the Premises. Items that
are prohibited to be brought into the Premises, other than for
everyday cooking or the need of an appliance, includes but is not
limited to Gas (compressed), Gasoline, Fuel, Propane, Kerosene,
Motor Oil, Fireworks, or any other related content in the form of
Liquid, Solid or Gas.

Retaliation:

The Landlord is prohibited from making any type of retaliatory acts

against the Tenant including, but not limited to, restricting access
to the Premises, decreasing or cancelling services or utilities, failure
to repair appliances or fixtures, or any other type of act that could
be considered unjustified.

Access:

Upon the beginning of the Proration Period or the start of the Lease
Term, whichever is earlier, the Landlord agrees to give access to the
Tenant in the form of Keys, Fobs, Cards, or any type of Keyless
Security entry as needed to enter the common areas and the
Premises. Duplicate copies of the access provided may only be
authorized under the consent of the Landlord and, if any
replacements are needed, the Landlord may provide them for a fee.
At the end of this Agreement all access provided to the Tenant shall
be returned to the Landlord or a fee will be charged to the Tenant or
the fee will be subtracted from the Security Deposit.

Possession And Surrender:

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The Tenant shall be entitled to possession of the Premises on the
01st day of the Term Period of The Lease. Upon termination of the
Agreement, the Tenant shall peaceably surrender the Premises to
the Landlord in good condition, as it was at the commencement of
the Agreement, excluding reasonable wear and tear.

Premises Deemed Uninhabitable:

If the Premises is deemed uninhabitable due to damage beyond

reasonable repair, the Tenant will be able to terminate this
Agreement by Written Notice to the Landlord. If said damage was
due to the negligence of the Tenant, the Tenant shall be liable to the
Landlord for all repairs and for the loss of income due to restoring
the Premises back to a livable condition in addition to any other
losses that can be proved by the Landlord.

Governing Law:

This Agreement shall be governed by the laws of the state of

Maharashtra.

Lead Based Paint:

The Premises was not built prior to 1978.

Was built prior to 1978. An attachment titled “Disclosure of
Information on Lead-Based Paint and/or Lead-Based Paint
Hazards” has been affixed to the Agreement and must be initialed
and signed by the Parties.

Entire Agreement:

This Agreement contains all of the terms agreed to by the Parties

and may be modified or amended only by Written Agreement signed
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by the Parties. This Agreement replaces all previous discussions,
understandings, and oral agreements. The Parties agree to the
terms and conditions and shall be bound until the end of the Term
Period of The Lease.
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IN WITNESS THEREOF, the Parties have caused this Agreement to
be executed on _______ day of ____________; 2022.

SIGNED, SEALED AND DELIVERED

MR. ______________________________
(LANDLORD)

______________________________

In presence of:

1. ___________________________
___________________________

2. ___________________________
___________________________

SIGNED, SEALED AND DELIVERED

MR. ___________________________
(TENANT)

______________________________

In presence of:

1. ___________________________
___________________________

2. ___________________________
___________________________
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