About this document:
This lease agreement covers residential premises. Though designed primarily to protect the interests of the Landlord, both sides can have a fair deal. Compliance with Rent regulations is a complicated exercise. You need to be extra cautious. Hence use only Net Lawman documents for compliance.
Who will use this document?
Any one wanting to let out premises or taking one on lease for residential use;
Key features:
· all usual basic provisions to protect your interest.;
· sub letting not allowed;
· explanatory notes to cover every issue including need for stamp duty and registration;
· flexible to suit peculiar situations;
These documents include provisions for:
· compliance with existing rent laws;
· rent: paid monthly in advance;
· Security Deposit;
· user charges; Cable etc.
· payment provisions: all payments the tenant might have to make;
· use allowed: including list of prohibited activities;
· premature termination;
· inspection by Lessor; to view or show prospective lenders or buyers;
· rent review;
· Condition and Repairs:
· Fittings and Fixtures;
· insurance: Lessor insures;
· procedure after termination;
· dispute resolution.
