- 1.The monthly licence fee for the premises hereby let-out to the LICENSEE is ₹0 (Rupees Zero Only) and the LICENSEE has agreed to pay it on or before the 5th of every succeeding calendar month.
- 2.The LICENSEE has agreed to pay a deposit of ₹0 (Rupees Zero Only). The LICENSEE shall pay this deposit to the LICENSOR on or before the date the tenancy commences.
- 3.The aforesaid security deposit will not carry any interest and the LICENSOR shall return this amount to the LICENSEE at the time of vacating and delivering vacant possession of the demised premises as it is let-out to the LICENSEE this day.
- 4.The LICENSEE shall pay separately the electricity charges, according to the meter readings for the demised portion, directly to the T.N.E.B.
- 5.The LICENSOR will be at liberty to deduct all such amounts as licence fee dues, electricity charges and other arrears, and also any damages to the building, wood work, electrical fittings and plumbing taps, at the time of the LICENSEE vacating the portion.
- 6.The LICENSEE shall not hammer any nails on the walls of the premises. If nails are hammered, the walls have to be cemented and the premises have to be painted in full and handed over at the time of vacating the said property.No nails
- 7.The tenancy shall be in force for a period of 11 months commencing from 15.09.2026 to 15.08.2027.
- 8.Both the LICENSOR and the LICENSEE agree that the period of tenancy may be extended for a further period of 11 months by mutual consent on fresh terms and conditions. On such renewal the monthly licence fee shall stand increased by 5%.
- 9.The LICENSEE shall not make any structural alterations or additions without the written consent of the LICENSOR.
- 10.The LICENSEE shall not sublet the demised premises or any part thereof to any third parties.
- 11.The LICENSOR or the LICENSOR's authorised representatives shall be at liberty to inspect the demised premises at all reasonable times without any interruption by the LICENSEE.
- 12.The LICENSEE shall not alter the use of the demised premises, which are let for residential purpose, without the written consent of the LICENSOR.
- 13.The LICENSOR has every right to evict the LICENSEE irrespective of this agreement if the LICENSEE commits default in payment of monthly licence fee for a continuous period of 2 months.
- 14.This agreement is terminable by 1 month notice in advance on either side.
- 15.The law in force shall otherwise govern this agreement.
- 16.The LICENSEE shall not use the demised premises for any anti-social or illegal activities, and shall not consume or store liquor on the premises.No liquor
- 17.The LICENSOR shall provide the LICENSEE with 1 four wheeler parking slot(s) within the premises. The LICENSOR shall not be liable for theft of or damage to any vehicle parked at the premises.Parking included
- 18.The LICENSOR permits the LICENSEE to occupy unit No.____ in the co-living premises described in the Schedule, on the terms recorded in this agreement.Template clause
- 19.The monthly charge of Rs.____/- includes housekeeping ____ times a week, linen change, Wi-Fi, electricity up to ____ units, water, common-area maintenance and the use of the community spaces.Template clause
- 20.Consumption of electricity in excess of the included units, laundry beyond the included service, and any additional housekeeping shall be charged separately and shall be payable with the next month's charge.Template clause
- 21.The LICENSOR may relocate the LICENSEE to another unit of comparable specification within the same premises on ____ days' written notice, without any change in the monthly charge.Template clause
- 22.The LICENSEE shall observe the community guidelines, including those relating to noise, guests, the use of common kitchens and the community calendar.Template clause
- 23.This agreement creates a licence only and no tenancy or interest in the premises. It may be terminated by either party by ____ days' written notice.Template clause