1. That the Second party/ LICENSEE will use the said flat only for residential purpose for a
period of 11(eleven) months.
2. That the Second party / LICENSEE will pay the monthly License fee to the First party /
Flat Owner with 7 days according to English Calendar month regularly.
3. That the Second party / LICENSEE will not sub-let or allow paying guest with the License
fee period to anybody else without the prior permission of the First parts.
4. That the Second party / LICENSEE will not make any illegal construction inside or outside
the flat in meantime.
5. That the Second party / LICENSEE will not store heavy quantity of Gas, Diesel or Petrol
and/ or any type combustible article inside the flat.
6. That the Second party / LICENSEE shall follow rule and regulations Of the housing
Co-operative Society and that the second part / LICENSEE will not quarrel to the First
party / Flat owners and / or any neighbors in the mean time.
7. That the Second party / LICENSEE shall be responsible for all petty repairs of the flat.
8. That those parties will serve a Notice for vacating the Flat before one (1) month
positively.
9. That the Second party/ LICENSEE if not being able to pay the License fee in time to time
to the First party / Flat Owner / LICENSOR then the First party / Flat Owner LICENSOR
will serve a short notice for clearing the dues / License fee to the Second party /
LICENSEE, but if Second part / LICENSEE is not being able to clear the dues within the
short period, then the First party / Flat owner / LICENSOR will be bound to vacate the
said flat and refund the advance money after deduction dues.
10. That the Second party / LICENSEE will always allow the licensor or his / her authorized
agent to inspect the premises in day time.
11. The monthly license fee Will be transferred to the designated bank account of the
LICENSOR by the LICENSEE.....
12. This Agreement shall never be constructed as a Tenancy agreement or lease nor other
creating sort Of right, Title and interest in the said premises in favor of LICENSEE which
shall not at the intention Of the parties hereto but on the contrary merely a temporary
agreement on leave and license basis, to follow the license to temporarily use the said
premises under control and supervision of the LICENSOR.
13. That the First Party/Flat owner will refund the Advance money without interest to the
Second party / LICENSEE at the time of vacating the will full peaceful possession and the
flat being in OK condition and also surrender paper as per Rules. And further agreed by
the LICENSEE that the Locking period will be Six (6) months from the date of this
agreement. If the LICENSEE wants to vacate the said flat before Six (6) months, than
advances money or Security Deposit will be forfeited by the LICENSOR.
14. That the may renew this agreement for a further period, on 10% of increment in
agreement.