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Residence Agreement
"I need a Residence Agreement for a furnished 2-bedroom apartment in Mumbai, with a lease term starting March 1, 2025, for 11 months, including provisions for a pet dog and monthly maintenance charges."
1. Parties: Details of the landlord/lessor and tenant/lessee including full names, addresses, and contact information
2. Background: Brief context about the property and the intention to create a residential tenancy
3. Definitions: Key terms used throughout the agreement including Property, Term, Rent, Security Deposit, etc.
4. Property Details: Complete description and address of the property being rented
5. Term and Renewal: Duration of the tenancy, commencement date, and renewal terms
6. Rent and Payment Terms: Monthly rent amount, due date, payment method, and late payment consequences
7. Security Deposit: Amount, payment terms, conditions for refund, and deductions
8. Utilities and Maintenance: Responsibility for utility payments, maintenance obligations of both parties
9. Use of Property: Permitted use, occupancy limits, and restrictions
10. Tenant Obligations: Key responsibilities including maintenance, repairs, and conduct
11. Landlord Obligations: Essential services, repairs, and maintenance responsibilities
12. Termination: Grounds for termination, notice periods, and procedure
13. Return of Property: Condition requirements and inspection procedures at the end of tenancy
14. Governing Law: Applicable laws and jurisdiction
15. Notices: Method and addresses for serving notices
1. Furniture and Fixtures: Detailed when property is furnished, including inventory and condition
2. Subletting: Include when subletting might be permitted under specific conditions
3. Pet Clause: Include when pets are allowed, specifying conditions and additional deposits
4. Property Management: Include when a property manager is involved
5. Insurance: Include when specific insurance requirements are imposed on tenant
6. Parking: Include when dedicated parking space is provided
7. Society Rules: Include when property is in a housing society/apartment complex
8. Force Majeure: Include to address unforeseen circumstances like natural disasters or pandemics
1. Schedule A - Property Description: Detailed description of property including floor plan and boundaries
2. Schedule B - Inventory List: Detailed list of furniture, appliances and fixtures if furnished
3. Schedule C - Property Photos: Photographs documenting property condition at start of tenancy
4. Schedule D - Society Rules: Copy of applicable housing society rules and regulations
5. Schedule E - Maintenance Charges: Breakdown of maintenance and utility charges if applicable
6. Appendix 1 - Handover Form: Template for property handover inspection
7. Appendix 2 - Utility Transfer Forms: Forms for transferring utilities to tenant's name
Authors
Real Estate
Property Management
Residential Housing
Corporate Housing
Student Housing
Senior Living
Serviced Apartments
Property Development
Legal
Real Estate
Facilities Management
Global Mobility
Property Management
Housing Operations
Compliance
Corporate Services
Administration
Property Manager
Real Estate Manager
Housing Officer
Facilities Manager
Corporate Housing Coordinator
Relocation Specialist
Legal Counsel
Compliance Officer
Real Estate Agent
Leasing Manager
Property Administrator
Resident Manager
Global Mobility Manager
Housing Operations Manager
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