Rent Agreement

  • Names of the landlord and tenant and/or their agents.
  • Description (Address) of the property.
  • Amount of rent and due dates for payment, grace period, late charges.
  • The person responsible for the payment of any other amount such as property tax, TDS (if applicable), property repair changes, society/flat maintenance changes, water bill, electricity bill, etc.
  • Mode of rent payment.
  • Methods to terminate the agreement prior to the expiration date and charges if any.
  • Amount of security deposit and the account where it is held.
  • Utilities furnished by the landlord and, if the landlord charges for such utilities, how the charge will be determined.
  • Facilities in the premises which the tenant is entitled to use such as swimming pool, security systems etc.
  • Rules and regulations such as pet rules, noise rules and the penalty for violation.
  • Identification of parking available, including designated parking spaces, if provided.
  • How tenant repair requests are handled and procedures for emergency requests.