Tenure Agreement Sample

In the event of a dispute, unregistered leases will not be considered primary evidence by the court to ensure that the agreement clearly states what they must pay for electricity, water, PNG, maintenance and so on. In addition, it should be made clear whether there is a separate meter for supply connections on which you must pay bills or if they have to pay a fixed amount each month. In most cases, landlords require a deposit that usually corresponds to one or two months` rent. Mention the amount of the guarantee in the agreement and when it will be refunded. The agreement should also describe the house you can rent as the floor or apartment number, the area of the house, the number of bedrooms, bathroom, living room, kitchen and so on. If it is a furnished house, make sure there is a list of all fittings and faucets such as beds, sofas, tables, chairs, closets, number of fans, air conditioners, lights and so on. Also clarify the prohibition period during which neither the tenant nor the landlord can terminate the contract and make sure it is also mentioned in the contract. “The agreement should clearly mention the consequences of the termination by one of the parties before the end of the lockout period,” said Rajat Malhotra, a partner at Laware Associates, a Delhi-based law firm. As a general rule, if the tenant has to evacuate the house before the end of the prohibition period, the deposit is cancelled by the landlord. If the landlord wishes to evacuate the house before the expiration of the prohibition period, he must compensate the tenant in addition to the actual repayment of the deposit by paying an amount equal to the deposit. A rental agreement guarantees you that you later have a reference in case of a problem between you and your landlord, which is why it is important to be careful with the clauses contained in the agreement.

Here are some clauses to make for the lease. To register a rental agreement, you would have to pay a fee such as stamp duty and registration fees. The fees are usually shared by tenants and landlords, but mention this in the agreement.