📄 Rental Agreement Format (House / Flat Rent Agreement)

This RENTAL AGREEMENT is made and executed on this __DATE__ at Jaipur, Rajasthan;

— BETWEEN —

Rajesh Kumar Sharma, S/o or W/o Late Shri Om Prakash Sharma, residing permanently at Flat 402, Royal Residency, C-Scheme, Jaipur, Rajasthan - 302001 (PAN: ABCPS1234F), hereinafter referred to as the "LANDLORD / LESSOR" (which expression shall unless excluded by or repugnant to the context mean and include his/her legal heirs, executors, administrators, and assigns) of the FIRST PART;

— AND —

Amit Vikram Verma, S/o or W/o Shri Surendra Kumar Verma, residing permanently at House No. 12, Sector 5, Malviya Nagar, Jaipur, Rajasthan - 302017 (PAN / Aadhaar: BVMPV5678K), hereinafter referred to as the "TENANT / LESSEE" (which expression shall unless excluded by or repugnant to the context mean and include his/her legal heirs, executors, administrators, and assigns) of the SECOND PART.

(The Landlord and Tenant are collectively referred to as the "Parties" and individually as a "Party".)

1. The Landlord is the absolute legal and lawful owner of the residential property situated at: Flat No. 301, 3rd Floor, Shanti Enclave, Vaishali Nagar, Jaipur - 302021 (hereinafter referred to as the "Demised Premises").
2. The Tenant has approached the Landlord with a request to let out the said Demised Premises for strictly residential use, and the Landlord has agreed to let out the same on a monthly tenancy basis under the terms and conditions outlined hereunder.

1. TENANCY DURATION: The tenancy shall be for a fixed term of 11 months commencing from __START_DATE__, renewable upon mutual consent of both parties under newly agreed terms.
2. MONTHLY RENT: The Tenant agrees to pay a monthly rent of ₹18,500/- (Eighteen Thousand Five Hundred Rupees Only). The rent shall be paid in advance on or before the 5th day of each calendar English month via NEFT, UPI, Cheque, or Bank Transfer directly to the Landlord's designated bank account.
3. SECURITY DEPOSIT: The Tenant has deposited an interest-free refundable security deposit of ₹37,000/- with the Landlord. This deposit shall be fully refunded to the Tenant at the time of vacating the premises, subject to deductions (if any) for unpaid rent, electricity bills, or damages beyond normal wear and tear.
4. LOCK-IN PERIOD: Both parties have agreed to a mandatory lock-in period of 6 months. Neither party shall terminate the tenancy before the completion of the lock-in period.
5. NOTICE PERIOD: After completion of the lock-in period, either party may terminate this agreement by giving 1 month prior written notice or one month's rent in lieu thereof.
6. UTILITY CHARGES: The Tenant shall be solely responsible for paying the electricity, cooking gas, and water consumption bills directly to the respective authorities as per separate meter readings during the tenancy tenure.
7. SOCIETY MAINTENANCE: Regular society maintenance charges shall be paid by the Tenant on or before the due date.
8. PERMITTED USE & RESTRICTIONS: The Tenant shall use the Demised Premises strictly for residential purposes and shall not conduct any commercial, offensive, unlawful, or hazardous activities therein. Subletting or parting with possession of the premises to any third party is strictly prohibited without prior written consent from the Landlord.
9. INSPECTION & REPAIRS: The Landlord or authorized representative shall have the right to inspect the premises during reasonable daytime hours with prior notice. Minor day-to-day repairs shall be borne by the Tenant, while structural repairs (roof leakages, external wall damage) shall be the responsibility of the Landlord.
10. HANDOVER & CONDITION: Upon termination or expiry of this agreement, the Tenant shall peacefully hand over vacant, physical, and broom-clean possession of the Demised Premises, fittings, and fixtures in good tenantable order.

IN WITNESS WHEREOF, the Parties hereto have signed and executed this Rental Agreement on the date, month, and year first mentioned above in the presence of the following witnesses: