What are the key terms that should be included in a tenancy agreement in India?

Answer By law4u team

A tenancy agreement in India should include the following key terms: Names of the Parties: The agreement should clearly state the names of the tenant(s) and landlord(s). Property Details: The agreement should include the details of the property being rented, such as the address, type of property (residential or commercial), and any specific terms related to the property. Rent and Security Deposit: The agreement should state the rent amount and the security deposit to be paid by the tenant. It should also specify the mode of payment and the due date for rent payments. Tenure: The agreement should mention the duration of the tenancy, including the start date and end date. Renewal and Termination: The agreement should include provisions for renewal and termination of the tenancy. It should specify the notice period required for termination or renewal, and any penalties for early termination. Maintenance and Repairs: The agreement should specify the responsibilities of the landlord and tenant for maintenance and repairs of the property. It should also state who is responsible for paying for repairs and maintenance. Use of Property: The agreement should specify the purpose for which the property is being rented (residential or commercial), and any restrictions on the use of the property. Utilities and Services: The agreement should state which utilities and services are included in the rent, such as water, electricity, and gas. Subletting: The agreement should include provisions for subletting, if allowed, and the terms and conditions for subletting. Dispute Resolution: The agreement should include provisions for dispute resolution, such as mediation or arbitration. These are some of the key terms that should be included in a tenancy agreement in India. The agreement should be signed by both parties and should be legally binding.

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