Form of Agreement

(See section 4) Form of Agreement (to be typed on Bond Paper in three copies, one each for the Landlord, the Tenant and the Rent Authority). AGREEMENT This agreement is made between Owner/Authorised Attorney/Landlord and lessee (tenant) on day of (month and year) for letting out of premises on the following terms and conditions, namely:- (i) The tenancy will be for a period of months/years. (ii) The starting rent will be Rs. per months. (iii) The maintenance charges at Rs. per month will also be paid along with rent. (iv) The property tax will be paid by the tenant. (v) The day to day repairs (Part 'B') of Schedule-II will be the responsibility of the tenant. (vi) The repairs to damages in part 'A' of Schedule-II will be carried out by the landlord unless caused by the negligence of the tenant. (vii) The rent and other payable charges will be paid by day of month in advance/the following months. (viii) The tenant will have the option to vacate the premises by giving three months notice. (ix) The rent will be increased by five percent per year on and the third increase will be proportionate to the increase in wholesale Consumer Price Index over the three years period to [Sec. 6]. (x) The tenant agrees to handover the vacant possession of the premises on the expiry of the period contracted, i.e. on day of month year (xi) The electricity and water bills will be paid by the tenant. (xii) Both the landlord and the tenant agree to abide by the conditions of the Punjab Rent Act, 1995. Tenant Landlord REGISTRATION This agreement is presented for registration before me in the office of the Rent Authority by Landlord and Tenant jointly on day of Year at . The contents of the this deed have been read over and explained to the executants, who admit the execution of this agreement to be correct as agreed to. The agreement has been registered in this office at Sr. No. at pages and Book No. Dated: Rent Authority.