Rent Agreement form in English 2022| How to Create Karaya nama with Soft File | کرایہ داری مکان،دکان
RENT AGREEMENT OF HOUSE
This rent
agreement of is being executed on 20th day of May, 2019 between Zahid Iqbal son of Shahid
Iqbal R/O House No. 1, Street No. 2, Mohallah Shah Chan Chiragh, Rawalpindi (hereinafter
called as LANDLORD-FIRST PARTY)
AND
Farhan Khan son
of Zafran Khan R/O House No. 50, Gali No. 53, Sector I-10/1, Islamabad (hereinafter called the TENANT-SECOND PARTY)
WHEREAS, the
said first party is the absolute owner in possession of House No. 3,
Street No. 50, Mohallah Amarpura, Rawalpindi and has agreed to let out the said
House on monthly rent basis to the Tenant and Tenant has agreed on the same,
with the following terms and conditions.
1.
That
the rent of the above-stated House has been fixed as Rs. 25,000/-(Rupees Twenty
Five Thousand only) per month which will always be paid in advance within 20-25th
day of every month, against a receipt in
writing of a receipt thereof. Also a refundable Security Deposit of Rs. 40,000/—
(Rupees Forty thousand only) has been paid from the Second Party to first party
which is refundable at the time of vacation of the said House by the Second
Party adjusting therewith unpaid utility bills, unpaid monthly rent, etc., if
any –
2.
That
the tenancy period is for eleven months i.e from 20th May,
2019 to 20th April, 2020 .
3.
That
one month’s notice from either party for the vacation of the said House is
mandatory, e.g. if Second Party wishes to vacate the said House and hand over
to the First Party or the First Party wishes to get the said House vacated from
the Second Party
4.
That
the Second Party is not allowed to make any sort of change in the structure of
the House without the written prior approval of the First Party. That the
Second Party will utilize the House only and only for the residential
purposes within framework of the law and rule of the Islamic Republic of
Pakistan any illegal activity, detected would tend to revocation of the
instant Rent Agreement and the House will be got vacated from Second Party without
serving upon him any notice in writing
5.
That
the Second Party will not sub-let the House wholly or partially.
6.
That
the possession of the House will physically be handed over to the First Party
on the expiry of the instant agreement
7.
That
the Second Party will hand over the possession of the House back to the First
Party in the condition it was given to him. He will be fully responsible for
repair or replacement of any wear and tear in the House (continued on page-2)
Landlord-First
party ________ Second
Party-Second Party ________
Zahid
Iqbal Farhan
Khan
CNIC
No. 37405-0000000-8 CNIC
NO. 37405-0000000-8
PAGE-2
8.
That
the Second Party will be solely responsible for the payment of all sort of
Utility Bills i.e. Electricity, Gas, etc., and give back the paid bills to the
First Party.
9.
That
the First Party or his agent(s) shall have the right at all reasonable times
during the term of this Rent Agreement and any renewal of this Lease Agreement
to enter the said House for the purpose of inspecting the premises and / or
making any repairs to the premises or other item as required under this Rent Agreement.
10. That breach of any of the above terms
and conditions will tend to vacation of the House by the Second Party without
serving any kind of notice.
Now,
therefore, this Tenancy Agreement has been drafted, read and understood by both
the parties and signed before the presents on the date, month and the year
mentioned above.
Landlord-First
party ________ Second
Party-Tenant ________
Zahid
Iqbal Farhan
Khan
CNIC
No. 37405-0000000-8 CNIC No. 37405-0000000-8
Witness-1 ____________ Witness-2____________
Yasir
Mehmood Jafar
Khan
Son
of Abdul Rehman son
of Zaman Khan
CNIC
No. 37405-0000000-8 CNIC
No. 37405-0000000-8
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