House Rent Agreement
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shaheensub1House Rent Agreement
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Powered by AITenants are not allowed to make changes or modifications to any part of the apartment, including walls, floors, and fittings . If unauthorized alterations or damages occur, the tenant is liable for all repair costs. Furthermore, if the modifications result in any changes to the property, financial responsibilities fall to the tenant to restore or compensate these .
The tenant must pay a security deposit equivalent to two months' rent upon signing the agreement . If the contract is not breached, this deposit is refundable at the end of the lease term . However, deductions can occur if the tenant terminates the lease early, depending on the notice period and time of early termination .
If the tenant (second party) decides to terminate the contract early, they must provide a written notice three months prior to the intended termination date. If notice is given less than three months in advance, the equivalent rent for the time short of three months will be deducted from their security deposit . Additionally, if the contract is terminated in less than six months, Tk 10,000 will be deducted as a home-based cost .
The tenant must respect the state laws of Bangladesh and refrain from illegal, unethical, or immoral activities. They must not create social nuisances, use the apartment for anti-social activities, or engage in religious or cyber crimes . It is also required to maintain decency and avoid disorderly conduct .
The tenant is responsible for keeping the flat clean and intact . They must also use and maintain all fittings such as the commute, water mill, bulbs, switches, and sockets. If any are broken, the tenant must repair or replace them at their own cost before vacating . No modifications to walls, floors, or other structures are allowed .
The tenant is prohibited from allowing any subletting or unauthorized occupancy. They cannot allow anyone else to live in the apartment or provide unrestricted free access to others . Such actions would violate the terms set in the rental agreement, designating full occupancy responsibility to the tenant .
The rental agreement may be renewed for another term upon expiry through mutual discussion and consent of both the first party (landlord) and the second party (tenant). After the expiration of the current contract, if renewed, the rent will be increased by 15% every year with the consent of both parties .
Tenants are responsible for acquiring DIS, internet, and telephone connections on their own. They must manage the process of subscription personally and are required to provide copies of paid bills to the landlord . Any outstanding balances for these services fall under the tenant's responsibility, with no liability on the landlord .
The landlord retains the right to enter the rented apartment if there is a specific cause or purpose during the hiring period. This entry must be justified, as the terms do not permit arbitrary or frequent landlord entries . However, the agreement emphasizes that the tenant cannot impede this access when there is a valid reason presented by the landlord .
The tenant is required to pay the electricity bill to the appropriate authority through a bank . Additionally, the tenant must pay a service charge at a rate determined by the Owner's Association, which includes water and sewerage tax, as part of the regular house rent .