The Licensee shall pay Rs.17,000/-(Rupees Seventeen Thousand Only) per month  including maintainence charges as ‘Rent’ in advance excluding of any utility charges consumed by Tenant  (i.e. Electricity, Gas, Water, Cable, Internet and Festival  occassion donations) from period 1st of August 2023 to 30th of June-2024 by account payee cheque or bank transfer in favor of either of the Licensor, for the use of the said FLAT premises on or before 3rd of every calendar month and if he fails to do so the owner has every right to send reminder and may cancel the agreement depending on the situation.

The Licensee shall keep the said FLAT in good condition and if any damages, breakages are caused to the said FLAT, the licensee shall make good the loss caused to the Licensor on account of such damages and breakages. During the termination of this Agreement, in addition to the charges relating to damages and breakages, if any, the Licensee shall handed over the flat after been ‘newly painted and all the fittings and fixtures mentioned in Furnishing Annexture list as was handed over as in working condition during rental possession’ state (date). Or else such painting, Fitting & fixtures (Electrical, Bathroom, fittings etc) charges shall be deducted from the Security Deposit.

 I case of extension of time of the Leave and License agreement for another period of 11 months after end of current agreement then the Licensor and The Licensee shall enter into a new agreement with 10% hike in License Fee/rent.
If the  Leave and License agreement is not getting extended for another new  period  then the Licensee and his family members in occupation shall vacate with their belongings, articles and things in the said premises strictly on the vacating date (30-July-2024) to avoid any penalty Rs 1,500/- per calendar day till date of vacation.

All electrical plumbing sanitary fittings and fixtures repairs beyond the scope of facility management inside the flat will be carried out by the Licensee at his own cost.
