Rent Agreement Format
किराया समझौता प्रारूप
Overview
When to Use This Format
- When renting out residential or commercial property
- To establish legal terms between landlord and tenant
- For Leave and License agreements (common in Maharashtra)
- When sub-letting a property with owner's permission
- To protect rights of both landlord and tenant
Key Components
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1 Party Details
Full names, addresses, and identification details of landlord and tenant.
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2 Property Description
Complete address, type, area, and furnishing details of the rented property.
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3 Rent and Security Deposit
Monthly rent amount, due date, mode of payment, and security deposit terms.
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4 Duration and Renewal
Agreement period (typically 11 months), renewal terms, and lock-in period if any.
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5 Maintenance and Repairs
Responsibilities for maintenance, repairs, and utility payments.
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6 Termination Clause
Notice period, conditions for early termination, and security deposit refund terms.
Sample Format
Step-by-Step Guide
Negotiate Terms
Discuss and agree upon rent, deposit, duration, maintenance responsibilities, and other terms before drafting.
Draft the Agreement
Prepare the agreement with all agreed terms, property details, and party information.
Purchase Stamp Paper
Buy non-judicial stamp paper of appropriate value (varies by state, typically Rs. 100-500 for 11-month agreements).
Print and Sign
Print the agreement on stamp paper and have both parties sign on all pages along with two witnesses.
Registration (if applicable)
Agreements over 11 months must be registered at the Sub-Registrar's office. Even shorter agreements can be registered for added legal protection.
Keep Copies
Both landlord and tenant should retain original copies. Attach ID proofs and property documents.
Important Notes
- Agreements for more than 11 months must be registered under the Registration Act, 1908.
- Stamp duty varies by state - check your state's stamp duty rates.
- Always include a clause about the security deposit refund timeline.
- Both parties should carry valid ID proof at the time of signing.
- E-registration of rent agreements is available in many states including Maharashtra and Karnataka.
Frequently Asked Questions
Why are rent agreements made for 11 months in India?
Agreements for 12 months or more require mandatory registration under the Registration Act, 1908, which involves higher stamp duty and registration fees. The 11-month duration avoids this requirement while still being legally valid.
Is notarization of a rent agreement mandatory?
Notarization is not mandatory but is recommended as it adds an extra layer of authentication. The agreement is valid even without notarization as long as it is on proper stamp paper and signed by both parties with witnesses.
Can a rent agreement be made online?
Yes, several states including Maharashtra, Karnataka, and Tamil Nadu allow online registration of rent agreements. You can also draft agreements online and print them on stamp paper.
Legal Disclaimer
This format is provided for informational and educational purposes only. It does not constitute legal advice. The format may need to be adapted based on specific circumstances, applicable laws, and jurisdictional requirements. Always consult a qualified advocate or legal professional before filing any legal document. For more details, see our Disclaimer.
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