Rent Agreement Format Download Online: Rashmita Das

A rent agreement is a lawful paper or a contract between the property owner and tenant for a specified period. It is easily available online. Rent agreements would be a proper and lawful connection between the tenant and landlord; therefore, certain clauses are required to be mentioned.

What is a rent agreement?

A rent agreement is a lawful paper or a contract between the owner of the property and tenant for a specified period that contains the pre-discussed standards and circumstances that oblige the tenant. 

What is the format of a rent agreement?

The format of the basic rent agreement for 11-month 

RENT Agreement 
This rent agreement is entered on this __________ (date) by ________________ (name of the landlord) S/o _______________ (father’s name of the landlord), Address: ___________________________________________________ (residential address of the landlord). Hereinafter called the landlord. 
AND 
_____________________________ (Name of tenant), called tenant. 
The expression landlord and the tenant shall mean and include their legal heirs successors, assigns, representatives etc. 
  
Whereas the landlord is the owner and in possession of the property No: _______________________________________________________________________________________________ (address of rented property) and has agreed to let out the said property to the tenant for a monthly rent of Rs. ______/- (in words) per month. 
Now This Rent Agreement Witness as Under: 

1. That the tenant will have to pay Rs. ______/- (in words) as monthly rent, which does not include charges of electricity and water. 
2. That, the tenant is entitled to pay one month rent in advance to the landlord that would be further adjusted in the monthly rent. 
3. That the tenant is entitled to pay the water and electricity charges on the basis of the consumption to the landlord/owner. 
4. That the tenant is not entitled to lease the property to a subtenant under any circumstances without the consent of the owner/landlord. 
5. That the tenant is entitled to follow all the rules and regulations, by-laws set by the local authorities in respect of the leased property and will not get involved or do illegal activities in the leased property. 
6. That this rent agreement is valid for a period of eleven (11) months starting from ___________, and this rental agreement can be extended further with the mutual consent of both parties. 
7. That the tenant is not permitted to do construction in the rented premises. Besides, he/she could do the building any temporary decoration, wooden partition/cabin, air conditioners etc. without seeking the consent of the landlord. 
8. That the tenant is not permitted to make any changes in the rented property without the consent of the owner in writing. 
9. That the tenant can not create any hindrance the landlord or his licensed agent to enter into rented premises for its inspection or general checking for any repair work if needed. 
10.That the tenant is entitled to keep the premises clean. 
11.That the tenant is entitled to bear the cost of day to day minor repairs. 
12.That this contract/agreement could be withdrawn before the expiry of this tenancy period by serving a prior notice for one month. 
13. That both the parties have read and understood this agreement and have agreed to sign the same without any pressure from any side. 

In WITNESS WHEREOF 
The landlord and the tenant have hereunto subscribed their hand at ______ (place) on this the _____________ (date of rent agreement) year first above mentioned in presence of the following witnesses. 
Witnesses: 
1. 
2. 
___________ (name of the landlord) _________________ (name of the tenant) 
landlord tenant 

Is a rent agreement available online?

A rent agreement is easily available online, but before you download one, make sure these clauses are mentioned in the format:

  • Security Deposit: The security deposit is the refundable amount that is paid at the time of making the rental agreement. The security deposit varies from area to area and even at the property owner's discretion. The agreement must mention that “Security Deposit is Refundable“.

  • Rent Amount and Whether is Prepaid or Postpaid: In the Rent Agreement, it is generally cited that rent will be paid within which date of every month and the amount that is to be paid.

  • Lock-in Period: Lock in period means the time within which the tenant can not cancel the rent agreement. Ideally, the lock-in period in the rent agreement and owner is not mandatory, but the tenant can serve a notice period be.

  • Maintenance Charges: It should be obvious in the Rent Agreement who will endure the maintenance expenses to be paid along with rent. It is beneficial for landlords to keep supervision charges separated from rent as it will help in tariff purposes.

  • Wear, Tear, and Damages: In the Rent Agreement, it is necessary to incorporate a clause that the tenant is only accountable to abide by the cost for damages that are not part of the property's natural, reasonable and normal wear & tear. 

  • Terms for Renewal: To sidestep any conflict in future, a clause in the Rent Agreement concerning the renewal of contract if both the landlord and tenant mutually decide.

What are the benefits of a rent agreement?

Rent agreements would be a proper and lawful connection between the tenant and landlord. It is recommended that agreements would be in writing. Therefore it would be a paper for consideration in the future for either of the parties.

By agreeing, the parties can carry legal compliance. As the contract is in writing, the requirements of the statute would apply to both the parties, i.e., the landlord and the tenant.
An association is formed between the landlord and the tenant by joining into a rental agreement. The relationship will be cleanly saleable, and the parties have explicit commitments to carry out.
 

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