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What is Rent Agreement about?

This rent agreement, executed on February 20, 2019, between Mr. M. Ananth Reddy (Landlord) and Mr. Suresh Samat (Tenant), allows the tenant to use a 3,250 sq. ft. warehouse for commercial purposes at a monthly rent of Rs. 71,500, with a 5% increase every year. The tenant has paid a security deposit of Rs. 4,29,000, refundable after the tenancy period, and must provide a 3-month notice for termination. The agreement outlines responsibilities for maintenance, taxes, and restrictions on sub-letting and prohibi

Author

vishnu king

Language

EN