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Residential Lease Extension Template for India

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Key Requirements PROMPT example:

Residential Lease Extension

"I need a Residential Lease Extension for my 2-bedroom apartment in Mumbai, extending the current lease for 24 months from March 1, 2025, with a 5% annual rent increase and maintaining all other existing terms from the original lease."

Document background
The Residential Lease Extension agreement is essential when parties wish to continue an existing residential tenancy beyond its original term in India. This document is typically used when both landlord and tenant are satisfied with their arrangement and wish to extend it, either on the same terms or with specific modifications. The agreement must comply with Indian legal requirements, including the Transfer of Property Act, 1882, relevant state Rent Control Acts, and registration requirements under the Registration Act, 1908. The document includes critical information such as the extension period, rent terms, maintenance responsibilities, and any updated conditions. A Residential Lease Extension is particularly important in Indian urban areas where long-term tenancies are common and both parties seek to maintain legal clarity while avoiding the complexity of creating entirely new lease agreements.
Suggested Sections

1. Parties: Details of the landlord/lessor and tenant/lessee, including full names, addresses, and contact information

2. Background: Reference to the original lease agreement, its date, and key terms, establishing the context for the extension

3. Definitions: Key terms used in the agreement, including references to defined terms from the original lease that remain applicable

4. Extension Term: Specific details of the extension period, including start and end dates

5. Rent and Payment Terms: Confirmation of existing or revised rent amount, payment schedule, and method of payment

6. Continuation of Original Terms: Explicit statement of which terms from the original lease remain in effect

7. Security Deposit: Status of existing security deposit or terms for any additional deposit required

8. Maintenance and Repairs: Ongoing responsibilities for property maintenance and repairs

9. Utilities and Charges: Responsibility for utility payments and other ongoing charges

10. Termination: Conditions and process for early termination of the extended lease

11. Governing Law: Confirmation that the agreement is governed by Indian law and relevant state regulations

12. Execution: Signature blocks for all parties and witnesses

Optional Sections

1. Rent Revision Clause: Include when the extension includes a change in rent amount or revision schedule

2. Property Modifications: Include when allowing or documenting any alterations to the property during the extension period

3. Additional Occupants: Include when there are changes to the authorized occupants of the property

4. Insurance Requirements: Include when updating or adding insurance obligations

5. Force Majeure: Include when parties want to address unforeseen circumstances that may affect the lease

6. Subletting Provisions: Include when modifying or clarifying subletting rights during the extension period

7. Green Lease Provisions: Include when adding environmental and sustainability obligations

Suggested Schedules

1. Schedule A - Property Description: Detailed description of the property including any changes or updates since original lease

2. Schedule B - Inventory List: Updated list of fixtures, fittings, and furniture included in the lease

3. Schedule C - Payment Schedule: Detailed breakdown of rent payments, maintenance charges, and other financial obligations

4. Schedule D - Maintenance Schedule: Specific maintenance obligations and schedules for both parties

5. Schedule E - Original Lease: Copy of the original lease agreement for reference

6. Appendix 1 - Property Photos: Current photographs documenting the condition of the property

7. Appendix 2 - Compliance Certificates: Updated safety and compliance certificates where required

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses






























Relevant Industries

Real Estate

Property Management

Residential Housing

Legal Services

Property Investment

Rental Housing Management

Urban Housing Development

Property Consulting

Relevant Teams

Legal

Property Management

Real Estate Operations

Compliance

Contract Administration

Tenant Relations

Documentation

Property Services

Asset Management

Residential Leasing

Relevant Roles

Property Manager

Real Estate Manager

Legal Counsel

Property Administrator

Leasing Manager

Housing Society Manager

Residential Property Officer

Contract Administrator

Real Estate Legal Advisor

Tenant Relations Manager

Property Documentation Specialist

Compliance Officer

Real Estate Operations Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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