Common use of Rent and Security Deposit Clause in Contracts

Rent and Security Deposit. a. The monthly rent for the property is ₹10,000.00 (Ten Thousand Rupees only) per month. b. The tenant agrees to pay the monthly rent on or before 5th day of each month. c. A security deposit of ₹20,000.00 (Twenty Thousand Rupees only) has been paid by the tenant to the landlord and this amount will carry no interest. The security deposit shall be refunded at the end of the tenancy period, subject to deductions for any damages or outstanding dues.

Rent and Security Deposit. a. The monthly rent for the property is ₹10,000.00 (Ten Thousand Rupees only) per month. b. The tenant agrees to pay the monthly rent on or before 5th day of each month.. xXxxxxxx.xx Sample (Assam) c. A security deposit of ₹20,000.00 (Twenty Thousand Rupees only) has been paid by the tenant to the landlord and this amount will carry no interest. The security deposit shall be refunded at the end of the tenancy period, subject to deductions for any damages or outstanding dues.