Proof of Rent Payment Letter
Parties:
This Rental Agreement ("Agreement") is made between the landlord, Mr. [Karen], and the tenant, Ms. Susan, collectively referred to as "Parties".
Property Information:
The tenant named Susan intends to rent the following property:
Property Address: Meadowbrook Road, Area: 1500 Square Yards.
Rental Duration:
This rental agreement is valid for the period from March 15, 2022 to March 16, 2029.
Terms and Conditions:
Rental Payment:
The tenant agrees to pay the monthly rent of [23 lakhs], payable on the [20-01-2023] of each month. The payment should be made to the landlord via [Payment Method]. The late payment will incur a penalty of [Penalty Amount].
Security Deposit:
Upon signing this agreement, the tenant shall provide a security deposit of [Security Deposit Amount]. This deposit will be returned to the tenant within [Return of Deposit Timeframe] after the termination of the tenancy, subject to any deductions for damages caused by the tenant.
Maintenance and Repairs:
The tenant shall maintain the property in a clean and sanitary condition. Any damages caused by the tenant or their guests shall be repaired at the tenant's expense, excluding normal wear and tear.
Utilities:
The tenant shall be responsible for the payment of all utilities, including electricity, gas, water, and any other applicable services related to the property during the tenancy period, unless otherwise specified in writing by the landlord.
Termination of Agreement:
Either party may terminate this agreement by providing written notice at least [Notice Period] days in advance. Upon termination, the tenant shall vacate the premises and return the keys to the landlord.
Governing Law:
This agreement shall be governed by and construed in accordance with the laws of [State/Country], and any disputes arising out of or in connection with this agreement shall be subject to the exclusive jurisdiction of the courts in [State/Country].
By signing below, the Parties acknowledge that they have read, understood, and agreed to the terms and conditions of this Rental Agreement Letter.
[Karen]:___________________________
[Susan]:_____________________________
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