If you are planning to rent a property in Delhi, you will be required to sign a rent agreement with your landlord. The rent agreement is a legal document that outlines the terms and conditions of your tenancy and sets out the rights and responsibilities of both you and your landlord.
It is important to have a well-drafted rent agreement in place to avoid any disputes and protect your rights as a tenant. In this article, we will provide you with a sample rent agreement that you can use as a reference when drafting your own rent agreement in Delhi.
Rent Agreement Sample Delhi
This rent agreement is made on [DATE] between [LANDLORD’S NAME], hereinafter referred to as the “Landlord,” and [TENANT’S NAME], hereinafter referred to as the “Tenant.”
1. Property: The Landlord agrees to rent out the property located at [ADDRESS] to the Tenant for residential purposes only.
2. Term of Tenancy: The tenancy shall commence on [DATE] and shall continue for [NUMBER OF MONTHS/YEARS] unless terminated earlier as provided in this agreement.
3. Rent Amount: The Tenant shall pay a monthly rent of [RENT AMOUNT] to the Landlord on or before the [DUE DATE] of each month.
4. Security Deposit: The Tenant shall pay a security deposit of [SECURITY DEPOSIT AMOUNT] to the Landlord. The security deposit shall be refunded to the Tenant at the end of the tenancy period, subject to deductions for any damages caused by the Tenant.
5. Use of Property: The Tenant shall use the property solely for residential purposes and shall not use the property for any illegal or commercial activities.
6. Maintenance and Repairs: The Tenant shall keep the property in a clean and sanitary condition and shall be responsible for any damages caused by the Tenant or his/her guests. The Landlord shall be responsible for making repairs to the property, except for damages caused by the Tenant.
7. Utilities and Services: The Tenant shall be responsible for paying all utilities and services charges, including electricity, water, gas, and other services.
8. Termination: Either party may terminate this agreement by giving [NOTICE PERIOD] days’ written notice to the other party. The Tenant shall vacate the property at the end of the notice period.
9. Governing Law: This agreement shall be governed by the laws of India.
10. Entire Agreement: This agreement constitutes the entire agreement between the parties and supersedes all prior agreements and understandings, whether verbal or written.
In conclusion, having a rent agreement in place is crucial when renting a property in Delhi. The above sample rent agreement serves as a guide that you can refer to when drafting your own rent agreement. It is important to understand the terms and conditions of the rent agreement and seek legal advice if necessary before signing the agreement.