RESIDENTIAL RENT/LEASE AGREEMENT
This Residential Rent/Lease Agreement (the "Agreement") is made and entered into on this __________ day of ______, 20, between the landlord, Mr./Ms. [Landlord's Name], residing at [Landlord's Address], and the tenant, Mr./Ms. [Tenant's Name], residing at [Tenant's Address].
Property: The landlord agrees to rent the residential property located at [Property Address] (the "Property") to the tenant for a period of ________ years, starting from __________ to __________.
Rent and Deposit: The tenant agrees to pay a monthly rent of INR _________ (Indian Rupees) to the landlord. Additionally, a security deposit of INR _________ shall be paid by the tenant upon signing this agreement. The security deposit will be refunded within _______ days after the termination of this agreement, subject to deductions for damages or outstanding dues.
Maintenance and Utilities: The tenant shall be responsible for the payment of utility bills, including electricity, water, gas, and any other applicable charges. The tenant shall also undertake regular maintenance of the Property.
Termination: Either party may terminate this agreement by providing a written notice of _______ days prior to the intended date of termination. Upon termination, the tenant shall vacate the Property in its original condition, except for reasonable wear and tear.
Use of Property: The Property shall be used solely for residential purposes. The tenant shall not sublet or assign the Property without the landlord's written consent.
Governing Law: This agreement shall be governed by and construed in accordance with the laws of India. Any disputes arising under this agreement shall be subject to the exclusive jurisdiction of the courts in [City/State].
Entire Agreement: This Agreement constitutes the entire understanding between the landlord and the tenant and supersedes any prior agreements or understandings, whether written or oral.
IN WITNESS WHEREOF, the parties hereto have executed this Residential Rent/Lease Agreement as of the date first above written.
Landlord's Name (Printed)
Landlord's Signature
Tenant's Name (Printed)
Tenant's Signature
Please remember that this is a sample format, and it is advisable to consult a legal professional to ensure compliance with the specific laws and regulations applicable in your jurisdiction.
