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Rent Agreement (11 months)

For renting out a house, flat or shop

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RENT AGREEMENT

(Leave and Licence / Tenancy Agreement)

This Rent Agreement is made and executed on 23-10-2026 at Ranchi between:

FIRST PARTY (LANDLORD): Mr. Vinod Kumar Singh, son/daughter of Late Rameshwar Singh, resident of House No. 45, Morabadi, Ranchi, Jharkhand – 834008, hereinafter called the “Landlord”, which expression shall include his/her heirs, representatives and assigns.

SECOND PARTY (TENANT): Mr. Ajay Kumar, son/daughter of Mr. Suresh Prasad, permanent resident of Village Sonpur, PS Sherghati, District Gaya, Bihar – 824211, hereinafter called the “Tenant”.

WHEREAS the Landlord is the sole and lawful owner of the premises described in the Schedule below, and the Tenant has requested to take the said premises on rent for residential use, both parties have agreed to the following terms and conditions:

  1. Term: This agreement shall be valid for 11 months commencing from 01-11-2026. It may be renewed by mutual written consent, with an increase of 5% in the rent.
  2. Rent: The monthly rent shall be ₹8,000 (Eight thousand rupees), payable in advance on or before the 5th day of every English calendar month in cash, by bank transfer or UPI. The Landlord shall issue a receipt for every payment.
  3. Security deposit: The Tenant has paid an interest-free security deposit of ₹16,000, the receipt of which the Landlord acknowledges. It shall be refunded on vacating, after deducting unpaid rent, bills and the cost of any damage.
  4. Utilities: Electricity (as per sub-meter), water and other utility bills shall be paid by the Tenant as per actual use. Property/holding tax shall be paid by the Landlord.
  5. Maintenance: Minor repairs (taps, bulbs, switches etc.) shall be done by the Tenant. Major repairs (roof, walls, pipelines, wiring) shall be the Landlord’s responsibility.
  6. Use: The Tenant shall use the premises only for residential purposes and shall not carry on any illegal or immoral activity or cause nuisance to neighbours.
  7. No sub-letting: The Tenant shall not sub-let any part of the premises without the Landlord’s written permission.
  8. Alterations: The Tenant shall not make any structural change to the premises without written permission.
  9. Inspection: The Landlord may inspect the premises at a reasonable time after giving prior notice.
  10. Police verification: The Tenant shall cooperate in police verification and give details of family members to the Landlord.
  11. Termination: Either party may terminate this agreement by giving 1 month(s) written notice. If rent remains unpaid for two consecutive months, the Landlord may terminate it without notice.
  12. Handing over: On termination, the Tenant shall hand over vacant possession of the premises in the same condition, subject to normal wear and tear, along with the keys.
  13. Jurisdiction: Courts at Ranchi shall have jurisdiction over any dispute arising out of this agreement.

SCHEDULE OF THE PREMISES

Description of premisesFirst floor of House No. 45, Morabadi, Ranchi: 2 bedrooms, 1 kitchen, 1 bathroom and a balcony
Useresidential
Monthly rent₹8,000
Security deposit₹16,000
Term11 months from 01-11-2026

IN WITNESS WHEREOF, both parties, having read and understood the above terms, have signed this agreement of their own free will in the presence of the witnesses below.

FIRST PARTY (Landlord)
Mr. Vinod Kumar Singh
SECOND PARTY (Tenant)
Mr. Ajay Kumar

Witnesses:

1. Name: Mr. Manoj Tiwari
Address: ..........................
Signature
2. Name: Mr. Deepak Sahu
Address: ..........................
Signature

Print on stamp paper; stamp duty as per your state. Both parties and both witnesses should sign every page.

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