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Create a Lease / Rental Agreement

What this document does

A landlord-and-tenant agreement for residential or commercial premises: the rent and when it is due, the security deposit, the term and any lock-in, escalation, who repairs what, and how either side ends it. The eleven months most of these run for is a registration convention rather than a rule — s. 17 of the Registration Act makes any lease exceeding one year compulsorily registrable, and an unregistered one cannot be proved for its terms. State Rent Control Acts apply on top. Creates a tenancy — an interest in the property in the tenant's favour under the Transfer of Property Act. For bare permission to occupy WITHOUT creating a tenancy — the leave-and-licence arrangement standard in Maharashtra — use the Leave and Licence Agreement instead.

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Property

Lease Type

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Lease / Rental Agreement

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What else is in it — 12 clauses, 9 optional
  1. 01

    Introduction & Preamble

    Identifies the Landlord and Tenant, effective date, lease type, property type, and purpose of the agreement.

  2. 02

    Grant and Property Description

    Full address, area, furnishing status, parking, inventory of provided items.

  3. 03

    Definitions

    Defines key terms: Demised Premises, Common Areas, Fittings and Fixtures, Security Deposit, Maintenance Charges.

  4. 04

    Lease Term

    Duration, commencement date, lock-in period, auto-renewal terms.

  5. 05

    Rent & Payment

    Monthly rent, due date, payment mode, bank details, grace period, and late payment penalty.

  6. 06

    Security Deposit

    Deposit amount, interest, return period, and permitted deductions.

  7. 07

    Maintenance & Repairs

    Landlord and Tenant responsibilities for structural and minor repairs, maintenance charges.

  8. 08

    Use of Property

    Permitted use, subletting restrictions, structural changes, occupancy limits, pet policy.

  9. 09

    Representations and Warranties

    Operative warranties from each Party: the Landlord's title, authority, freedom from encumbrances, cleared outgoings and any society or lender no-objection; the Tenant's authority, KYC particulars and cooperation with tenant or police verification.

  10. 10

    Termination

    Notice period, termination grounds for both parties, breach cure period, early termination penalty.

  11. 11

    Governing Law and Dispute Resolution

    Applicable law, jurisdiction, and dispute resolution mechanism (courts or arbitration under Indian law).

  12. 12

    General Provisions

    Boilerplate: entire agreement, severability, waiver, amendment, notices, assignment, survival, compliance with laws.

After it is drafted
  1. Get the stamp paper

    Buy non-judicial stamp paper of the value your state prescribes, and print the document on it.