Format of Rent agreement

RENT AGREEMENT

Note: This format has been prepared as applicable to flats. The word "flat" can be substituted with the type of property for which this document is being executed. Similarly, the name of the concerned authority can also be changed as applicable. For the sake of convenience, we have italicized such words.

This Rent Agreement is made on this __________ day __________ 20__ between Shri/Shrimati/Kumari __________ son/daughter of __________ resident of __________ (hereinafter called the Lessor/landlord of one part) and Shri/Shrimati/Kumari __________ son/daughter of __________ resident of __________ (hereinafter called the Lessee/Tenant of the other part).

The expression Lessor and Lessee will mean and include their heirs, successors, executors, administrators and assigns.

Whereas the Lessor is the owner and in possession of Flat No. __________ situated in the layout plan of the __________ __________ built on plot no. __________ hereinafter referred to as the demised premises and is desirous of letting out the said flat to the lessee and the lessee is ready and willing to take the same on rent from the Lessor on the terms and conditions herein contained.

Now, therefore, it is mutually agreed between the parties as under:

1.     That the Lessor has given on rent to the Lessee Flat no. __________ __________ known as __________ __________.

2.     That the tenant has financed the landlord towards the purchase of the said flat for which he will not be charging any interest and at the same time tenant shall not be paying any rent to the landlord for residing in the flat.

3.     That the lease shall be for _____ years and stand renewed automatically thereafter at the sole discretion of the Lessee and the Lessor shall have no option to cancel the lease.

4.     That the Lessor has handed over the actual and physical possession of the demised premises to the Lessee and the Lessee shall always enjoy the peaceful and uninterrupted possession of the demised premises.

5.     That the landlord shall have no objection if the tenant makes any additions or alterations in the existing flat. All maintenance and repair charges would be borne by the tenant. The lessee is authorized/not authorized to sub-let the demised premises to any person of his/her choice.

6.     That the Lessee shall be responsible and liable for the water/electricity charges and other dues in respect of the said flat during the tenancy period.

In witnesses whereof the Lessor and the Lessee have put in their respective signatures to this Agreement on the date and year first above written in the presence of the following witnesses:

 

Witnesses:

1.                                                                                                                      LESSOR

2.                                                                                                                      LESSEE

Project Report - Summary

Project Report – An outline

PART – I

1.     Introduction

2.     Executive Summary/Overview of the entire project

3.     Promoters: Promoters and their background, about their professional qualifications, experience, etc.

4.     Existing Status of the Unit: What is the existing activity, product line, area of market, etc.

5.     Manpower: About the Directors, Managers, professional manpower – their professional background and expertise, arrangements for Human Resource Development, etc.

6.     Infrastructure facilities: About the Equipment, Plant & Machinery, premises.

7.     Product line proposed: Area of computer software development/IT enabled services

8.     Clientele: About the clientele, present and prospective clients – Countries to which exports are planned – Market potential, market arrangements, plans for promoting exports, etc.

9.     Domestic Operations, if any: where it is proposed to operate both as a domestic unit as well as an STP unit in distinctly separate accounts are to be maintained.

10.  Financial/Technical, etc., tie ups

PART II

PROJECT COST AND MEANS OF FINANCE                                          RS. IN LAKHS

PROJECT COST:

PREMISES                                                                               :

OFFICE EQUIPMENT                                                                :

HARDWARE                                                                             :

SOFTWARE                                                                              :

WORKING CAPITAL REQUIREMENTS                                        :

TOTAL                                                                                     :

MEANS OF FINANCING

EQUITY                                                                                    :

-  PROMOTERS                                                                        :

-  INDIAN PUBLIC                                                                      :

WORKING CAPITAL LOAN                                                         :

TERM LOAN FROM BANK                                                         :

TOTAL                                                                                     :

BALANCE SHEET                                                                     RS. IN LAKHS

	1ST YEAR	2ND YEAR	3RD YEAR	4TH YEAR	5TH YEAR
A.    SOURCES OF FUNDS EQUITY SHARE CAPITAL RESERVES & SURPLUS -          PROFIT & LOSS TOTAL SHAREHOLDERS FUNDS OTHERS (SPECIFY ITEM WISE) TOTAL B.    USE OF FUNDS: GROSS FIXED ASSETS ADDITIONS LESS: DEPRECIATION NET FIXED ASSETS OTHERS (SPECIFY ITEM WISE) CASH & BANK BALANCES NET CURRENT ASSETS TOTAL

PROFIT AND LOSS STATEMENT                                                                     RS. IN LAKHS

	1ST YEAR	2ND YEAR	3RD YEAR	4TH YEAR	5TH YEAR	TOTAL
REVENUE: EXPORTS -          ONSITE SERVICES -          OFFSHORE TOTAL OPERATIONAL  EXPENDITURE (SPECIFY ITEMWISE) OP. PROFIT DEPRECIATION PROFIT DIVIDEND TRANSFER TO RESERVES

CASH FLOW STATEMENT                                                                 RS. IN LAKHS

	1ST YEAR	2ND YEAR	3RD YEAR	4TH YEAR	5TH YEAR	TOTAL
INFLOW EQUITY LOANS OTHERS (SPECIFY ITEMWISE) PROFIT DEPRECIATION TOTAL INFOW OUTFLOW FIXED ASSETS (SPECIFY DETAILS) OTHERS (SPECIFY ITEMWISE) DIVIDEND TOTAL OUTFLOW CASH & BANK BALANCES OPENING BALANCE NET INFLOW CLOSING BALANCE

IMPORTANT RATIOS                                                                     RS. IN LAKHS

	1ST YEAR	2ND YEAR	3RD YEAR	4TH YEAR	5TH YEAR	TOTAL
DEBT/EQUITY OP. PROFIT/INCOME PAT/INCOME RETURN ON TOTAL ASSETS RONW DIVIDEND PAYOUT RATIO DEBT SERVICE CONVERAGE (PAT BEFORE INTEREST/ INTEREST) EPS (RS.) COMPOUNDED ANNUAL GROWTH RATE

BREAK EVEN POINT CALCULATIONS                                  RS. IN LAKHS

	1ST YEAR	2ND YEAR	3RD YEAR	4TH YEAR	5TH YEAR	TOTAL
GROSS REVENUE VARIABLE EXPENSES (SPECIFY ITEMWISE) CONTRIBUTIONS FIXED EXPENSES (SPECIFY ITEMWISE) PAT BREAK-EVEN POINT CASH BREAK-EVEN POINT