Institutions Supporting Small Business Enterprises.pptx
Tenancy agreement
1. Thisagreementismake the ……….Day of …………..Two thousandand…………….betweenMellicksolution,
Hereinaftercalledthe Landlord’sAgetof the postoffice Box Number……..Nairobi ad
…………………………………………hereinaftercalledthe tenant.
Whereas:
The agent’sprincipal isthe registeredownerof the parcel of landknownas LR No…………………….situated
within…………Mwihoko……areaandhasthereonerectedblockof commercial andresidential premises
and whereasthe tenantisreadyandwillingtotake ontenancythe part of the premisesidentified
as…………………………….Upon the termshereinafterappearing.
It isherebyagreed:-
1. The premisesletis
part of the buildingonLR.No.identifiedas………………………
2. The reserved
monthly rentisthe sum of K.Sh……………………………….netof all/anydeductionswhatsoever
monthlyisadvancedatthe officesof the Agentoras directed perclause 4(a) hereof
3. At the
commencementof termherebycreated,the tenantshallpaytothe agent byway of a deposit
for rentsumequivalenttoa…………month’srent to be keptbythe landlorduntil he termination
for the tenancy,subjecttothe inspectionof the premises bythe landlord/agent.
DepositamountpaidinK.Sh………………………………………
NB: notificationof vacationshouldbe made tothe agentin writingone (1) monthbefore
vacation.Subsequently,the date of refundwillbe assignedbythe landlord/agent.The depositI
refundedONLYif one vacatesonor before the lastdayof the month.
4. The tenant
covenantswiththe landlordasfollows:-
a) To pay the due rent
inthe manneraforesaidandinany eventnotlaterthan the 5th
of the tenancymonthat the
Agentsbankaccount number…………………………………………….bankand presentbankslipfor
the receiptingbythe Agent.
b) To use the
premisesforthe purpose of …………………………………..onlyand notto assignsletor otherwise
part withthe premiseswithoutthe writtenconsentof the landlordhadobtained
c) Take due care
againstthe damage to the landlord’sfittingandapparatusinthe premisesin case of such
eventualitytorectifythe same providedthatinthe eventthe landlordcarriesoutsuch
repairs,he will charge the tenantforsuch expenses,fir,wearandtearexempted.
d) To permitthe
agentor its authorized agentatany reasonable hourstoinspectthe premisesforany
damage thereinandon notice to rectifyanysuch damage withinTEN (10) daysof such
notice.
2. e) Notto do or suffer
to be done inthe premisesanyactor omissionwhichmaybe injuriousornuisance to
occupantsof adjoiningpremises.
f) To pay all the bills
for anywater, electricityandcommunicationnetworkinstalledinthe buildingand forthe
formertwoto furnishhe landlordwiththe requisite meterdeposits.
g) At the termination
of the tenancyto deliverupthe saidpremiseswithall the fittingof the landlordinintact
workingcondition.
h) In the eventthe
tenantdelaysrentpaymentunderparagraph4(a) to pay a penaltyof TEN (10) percentof
the rent and/orK.Sh.500/=wheneverthe agentemployee visitthe premise toaskforthe
payment.
i) Where the premise
lethas separate electricity andwatermeter,topayfor all the poweror waterproperty
consumedbythe tenant.
5. The landlord
throughthe agent covenantsasfollows:-
a) To pay all ratesand
headrentcharged onthe premisesbythe Local authorityorthe government.
b) The tenant
observingthe obligationonhispartagreedto the tenanta peaceful,quietand
uninterrupted enjoymentof the premises.
c) To keepthe main
walls