Agreement

RESIDENTIAL RENTAL AGREEMENT

This Rental Agreement is made and executed by and between the OWNER (Landlord) and the RESIDENT (Tenant) as per the terms and conditions mutually agreed upon below:

1. LEASE TERM AND TENURE

• 1.1. Minimum Occupancy: The RESIDENT agrees to a minimum lock-in and occupancy period of one (1) year from the commencement date of this agreement.

• 1.2. Automatic Renewal: Upon the successful expiration of the initial one-year leasing period, this agreement automatically transitions to a month-to-month tenancy under the same terms, unless terminated by either party.

2. SECURITY DEPOSIT AND ADVANCE RENT

• 2.1. Security Deposit: The RESIDENT shall pay a sum equivalent to two months' rent as an interest-free Security Deposit. This deposit is paid to secure compliance with the terms and conditions of this agreement.

• 2.2. Refund of Deposit: Subject to the strict compliance of all clauses herein, the Security Deposit shall be refunded to the RESIDENT on the exact day of the Termination of Agreement and handover of vacant possession, less any deductions for unpaid dues, damages, or restoration costs.

• 2.3. Advance Rent: The RESIDENT shall pay one (1) month’s rental amount in advance, to be applied for the first month of occupancy. Rent thereafter shall be paid monthly in advance.

3. RENTAL AND UTILITY PAYMENTS

• 3.1. Monthly Due Date: The agreed monthly rental amount along with monthly BESCOM (electricity) charges, BWSSB (water) bills, and any general maintenance charges must be paid in full on or before the 10th day of every calendar month.

• 3.2. Late Payment Penalty: Failure to clear all monthly dues including rent, utilities, and maintenance before the 10th of the month will incur a standard, non-refundable late fee of Rs. 1000 per month.

• 3.3. Resource Conservation: The RESIDENT is expected to act responsibly and do their part to conserve power and water within the premises.

4. CARE, MAINTENANCE, AND ALTERATIONS

The RESIDENT shall maintain the interior and exterior of the premises in a clean, hygienic, and proper condition. The RESIDENT shall not make any structural, cosmetic, electrical, water, or sanitary alterations to the home. The RESIDENT must obtain exclusive written permission via letter, email, or digital messaging from the OWNER prior to engaging in any of the following activities:

• Applying adhesive materials, or inserting nails, screws, or hooks into the walls or ceilings.

• Applying paint, wallpaper, or any other material to alter, redecorate, or deface the premises.

• Repainting, drawing, writing, or marking using pencils, markers, crayons, or any such items on walls, cupboards, doors, or fixtures.

• Changing, replacing, or installing new built-in locks, or making duplicate keys for existing built-in locks.

• Installing satellite dishes, antennas, or any other equipment requiring drilling or nailing, except in areas explicitly designated by the OWNER for this purpose.

• Placing or displaying any commercial advertising notices, flyers, or signboards on or about the premises.

• Altering, tampering with, or tapping into the internal electrical wiring to create additional power points or for any other purpose.

5. WASTE DISPOSAL AND SANITATION

• 5.1. Proper Disposal: All day-to-day household waste and garbage must be segregated and disposed of strictly through the authorized BBMP vehicle or via designated dustbins set up by the BBMP.

• 5.2. Prohibited Actions: Throwing trash, litter, or objects out of the windows, balconies, or onto the street and common areas is strictly prohibited. Any legal liabilities, fines, or neighbor disputes arising from littering shall be the sole responsibility of the RESIDENT.

• 5.3. Drainage Care: The RESIDENT shall not throw any litter, food waste, plastic, or non-biodegradable materials into the washbasins, toilets, or drain ways to prevent clogging.

6. REPAIRS AND MAINTENANCE COSTS

• 6.1. Initial Grace Period: Any malfunction, defect, or service required on existing fittings and appliances must be reported to the OWNER immediately. For the first three (3) months of occupancy, all repairs will be handled and paid for by the OWNER at no additional cost to the RESIDENT, unless damage is due to clear tenant negligence.

• 6.2. Post-3 Months Clause: After the initial three-month period, minor repairs costing up to Rs. 2000 per instance shall be borne and paid entirely by the RESIDENT. Major repairs costing above Rs. 2000 per instance shall be paid for completely by the OWNER, provided the damage is due to normal wear and tear and not tenant negligence.

7. RESTRICTIONS (PETS, PLANTS, NOISE, AND GUESTS)

• 7.1. Pets: No animals, fowls, birds, fish, reptiles, and/or pets of any kind shall be kept, housed, or permitted on or about the premises under any circumstances.

• 7.2. Plants: No flower pots, container gardens, or any type of live plants shall be kept on or about the premises, including balconies, terraces, or interiors, to prevent water logging, staining, and structural dampness.

• 7.3. Noise Regulations: The RESIDENT agrees not to cause, permit, or allow any loud music, disruptive noise, or unruly activities on the premises that may disturb the peace, quiet, and comfort of neighbors or co-residents. Quiet hours must be respected.

• 7.4. Guest and Night-Time Entry Restrictions: Only authorized individuals whose legal names and Aadhaar details have been formally submitted to the OWNER are permitted to stay on the premises or enter the building during night hours between 08:00 PM and 7:00 AM. No other guests, friends, or visitors are allowed entry into any house during these hours without explicit, prior approval from the OWNER. Any violation of this rule will result in the immediate termination of this agreement, swift eviction from the premises, and the complete forfeiture of the Security Deposit with no refund issued.

8. TERMINATION AND VACATING THE PREMISES

• 8.1. Notice Period: After the expiration of the one-year lock-in period, either party may terminate this agreement by giving the other party a 30-day written notice delivered via printed letter, email, or official digital messaging of their intention to terminate.

• 8.2. Short Notice Penalty: If the RESIDENT fails to provide a full 30 days' notice, they shall be liable to pay the standard pro-rata rental amount for the remaining days of the deficit notice period.

• 8.3. Handover Condition: At the time of vacating, the RESIDENT must hand over the house in a thoroughly clean condition. The premises must be professionally repainted, and all provided fixtures, fittings, and electrical appliances must be in the exact same working condition as they were when handed over to the RESIDENT.

• 8.4. Damage/Cleaning Deductions: If the RESIDENT fails to clean, repaint, or fix broken items prior to handover, the actual expenses incurred for professional cleaning, repainting, and repairs shall be deducted directly from the Security Deposit.