RENT AGREEMENT

This Rent AGREEMENT (hereinafter referred to as “the Agreement”) is made on [INSERT THE DATE ON WHICH AGREEMENT COMES INTO FORCE] hereinafter referred as the “Effective Date”) between:

[INSERT THE NAME OF THE LANDLORD], having registered address at [INSERT THE ADDRESS OF THE LANDLORD] (hereinafter referred as the “Landlord”). which expression shall, unless repugnant to the context or meaning thereof, means and includes its legal representatives, executors, administrators and permitted assigns);

And

[INSERT THE NAME OF THE TENANT], having registered address at [INSERT THE ADDRESS OF THE TENANT] (hereinafter referred as the “Tenant”). which expression shall, unless repugnant to the context or meaning thereof, means and includes its legal representatives, executors, administrators and permitted assigns);

The “Landlord” and the “Tenant” shall be collectively referred as “Parties” and individually as “Party”.

WHEREAS

1. The Landlord is the owner of [INSERT THE PREMISES DESCRIPTION] located at [INSERT THE ADDRESS OF THE PREMISES] (here in after referred to as “DEMISED PREMISES” OR “PREMISES”)
2. The Tenant desires to rent the Demised Premises from the Landlord for the purpose of [INSERT PURPOSE FOR WHICH DEMISED PREMISES ARE RENTED] and the Landlord is willing to rent the Property to the Tenant on the terms and conditions set forth herein.
3. The Parties acknowledge and agree that the terms and conditions contained in this Agreement shall govern the rights and obligations of the Parties during the term.

NOW, THEREFORE IN CONSIDERATION OF THE MUTUAL PREMISES, THE PARTIES HERETO AGREE AS FOLLOWS:

1. DEMISED PREMISES
   1. The Landlord agrees to rent the following property to the Tenant:[INSERT THE DESCRIPTION AND LOCATION OF THE PROPERTY]
2. TERM
   1. The term of this rent agreement shall commence on [INSERT THE DATE ON WHICH AGREEMENT COMMENCES] and shall continue for a period of [INSERT THE TERM OF AGREEMENT IN YEARS] years, ending on [INSERT THE DATE ON WHICH AGREEMENT ENDS]. The term may be extended or renewed by mutual written agreement of the Parties.
3. RENT AND SECURITY DEPOSIT
   1. The Tenant agrees to pay a rent of [INSERT THE RENT AMOUNT] due on or before the [INSERT THE DUE DATE] of each month.
   2. Rent payments shall be made via [INSERT THE PAYMENT METHOD] to the Landlord’s designated account.
   3. A late fee of [INSERT LATE FEE] shall be charged if rent is not received by the Landlord within [INSERT GRACE PERIOD AFTER WHICH LATE FEE WILL BE CHARGED] days of the due date.
   4. The Tenant shall provide a security deposit of [INSERT SECURITY DEPOSIT AMOUNT TO BE PROVIDED BY TENANT UPON SIGNING THIS AGREEMENT] upon signing this Agreement. This deposit will be held to cover damages beyond normal wear and tear and any unpaid rent.
   5. The security deposit will be returned to the Tenant within [INSERT NUMBER OF DAYS AFTER THE END OF TERM OF AGREEMENT WITHIN WHICH SECURITY DEPOSIT SHALL BE RETURNED TO TENANT] days after the end of the term, less any deductions for damages or unpaid rent.
4. UTILITIES
   1. The Tenant is responsible for the payment of all utilities and services associated with the demised premises, including but not limited to electricity, water, gas, and internet.
5. MAINTENANCE AND REPAIRS
   1. The Landlord shall maintain the demised premises in a habitable condition and promptly address repairs that affect the habitability.
   2. The Tenant shall promptly report any maintenance or repair issues to the Landlord.
6. DEFAULTS
   1. If Tenant fails to perform or fulfill any obligation under this Agreement, Tenant shall be in default. Subject to any statute, ordinance or law to the contrary, Tenant shall have [INSERT DAYS FROM THE DATE OF NOTICE WITHIN WHICH TENANT HAS OPPORTUNITY TO CURE THE DEFAULT ] days from the date of notice of default by the Landlord to cure the default. In the event Tenant does not cure a default, Landlord may at Landlord's option (a) cure such default and the cost of such action may be added to Tenant's financial obligations under this Agreement; or (b) declare Tenant in default of the Agreement.
   2. In the event of default, Landlord may also, as permitted by law, re-enter the Demised Premises and re-take possession of the Demised Premises. Landlord may, at its option, hold Tenant liable for any unpaid rent.
7. PETS
   1. The Tenant shall keep any Pets on the Premises with the prior written consent of the Landlord. Upon approval of pet, Tenant must agree to pet rules which shall be provided by the Landlord.
8. RIGHT OF INSPECTION
   1. Tenant agrees to make the premises available to Landlord or Landlord's agents for the purposes of inspection, making repairs or improvements, or to supply agreed services or show the premises to prospective buyers or tenants, or in case of emergency.
9. RIGHTS AND OBLIGATIONS
   1. Tenant shall operate and maintain the demised premises at all times in conformity with this Agreement.
   2. The Tenant shall comply with all rules and regulations notified by Landlord from time to time.
   3. The rights, which Tenant shall have in relation to the said premises, are only those set out in this Agreement.
   4. Tenant shall not sublet, assign any of its rights, or interest in this Agreement in favour of any third party at any time and for any reasons whatsoever without written approval from the Landlord.
10. TERMINATION
    1. The Landlord may terminate the Agreement in case of default of payment of rent for more than [INSERT NUMBER OF MONTHS AFTER WHICH LANDLORD HAS OPPORTUNITY TO TERMINATE THE AGREEMENT ON DEFAULT OF PAYMENT BY TENANT ] months or for the violation of any of the terms of this agreement by giving [INSERT THE NUMBER OF DAYS/MONTHS WITHIN WHICH NOTICE OF TERMINATION SHALL BE GIVEN BY LANDLORD] notice, while the Tenant shall have the right to terminate the Agreement by giving [INSERT THE NUMBER OF DAYS/MONTHS WITHIN WHICH NOTICE OF TERMINATION SHALL BE GIVEN BY TENANT] notice.
11. FORCE MAJEURE
    1. The parties shall not be liable for any departure from the provisions of this agreement which has occurred due to an act of god, terrorist activity, war, natural disaster like flood, earthquake or due to any reason beyond reasonable control of the parties.
12. WAIVER
    1. No failure by either party to exercise, nor any delay by either party in exercising, any right, privileges, power, authority or remedy hereunder shall operate as a waiver of that or any other right, privileges, power, authority or remedy of the Company, nor shall any single or partial exercise of any right, privileges, power, authority or remedy preclude any other or further exercise of that or any other right, privilege power, authority or remedy.
13. SEVERABILITY
    1. If any clause or section of the present debenture agreement is found to be unenforceable or unlawful, the rest of the provisions shall continue to be in force unless the arbitrator or competent courts order otherwise
14. GOVERNING LAW AND JURISDICTION
    1. The terms of this Agreement shall be governed and construed in accordance with the laws of [INSERT THE STATE/COUNTRY WHOSE LAWS SHALL BE APPLICABLE]. In regard to any disputes or disagreement arising under the Agreement, the parties shall submit to the exclusive jurisdiction of [INSERT CITY/REGION THAT SHALL HAVE EXCLUSIVE JURISDICTION IN CASE OF DISPUTES].
15. NOTICES
    1. Any notice or communication under or in connection with this Agreement shall be in writing and may be delivered personally or by post or facsimile to the addresses given in this Agreement or may also be delivered via electronic mail specified by the Parties. The Electronic Signatures shall be acknowledged as valid signatures for all the purposes of this Agreement.
       1. LANDLORD: [INSERT THE EMAIL ID OR/AND ADDRESS OF LANDLORD]
       2. TENANT: [INSERT THE EMAIL ID OR/AND ADDRESS OF TENANT]
16. ENTIRE AGREEMENT
    1. This agreement constitutes the entire understanding and agreement of the parties with respect to its subject matter and supersedes all prior and contemporaneous agreements or understandings, inducements or conditions, express or implied, written or oral, between the parties.
    2. No amendments and/or modifications to this agreement shall be valid unless executed in writing and signed by both parties.
17. DECLARATION
    1. The parties hereby understand and expressly agree to the provisions laid down in the present agreement and in good faith, undertake that both parties shall follow the terms of this agreement in good conscience in order to secure better growth of both the Parties.

IN WITNESS WHEREOF, the parties, intending to be legally bound, have each executed this agreement as of the effective date.

Signed, sealed and delivered on behalf of the Landlord:

Name: [INSERT THE NAME/DESIGNATION OF SIGNING AUTHORITY OF LANDLORD]

Signature:

Date: [INSERT THE DATE ON WHICH LANDLORD SIGNS THE AGREEMENT]

Signed, sealed and delivered on behalf of the Tenant:

Name: [INSERT THE NAME/DESIGNATION OF SIGNING AUTHORITY OF TENANT]

Signature:

Date:[INSERT THE DATE ON WHICH TENANT SIGNS THE AGREEMENT]