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Tenancy Deed

Tenancy Deed Template for India

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Key Requirements PROMPT example:

Tenancy Deed

"I need a Tenancy Deed for a 2-bedroom residential apartment in Mumbai, with a 12-month lease starting March 1, 2025, including provisions for a pet dog and monthly rent of Rs. 45,000 with a three-month security deposit."

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Document background
The Tenancy Deed is a crucial legal document used in India when a property owner (lessor) agrees to rent their property to another party (lessee) for residential or commercial purposes. This document is essential for protecting the rights and defining the obligations of both parties involved in the rental arrangement. The deed must comply with Indian property laws, including the Transfer of Property Act, 1882, state-specific Rent Control Acts, and the Registration Act, 1908. It typically requires registration if the lease period exceeds 11 months. The document covers essential aspects such as rent amount, security deposit, maintenance responsibilities, and terms of use, while also addressing specific requirements of different states' rental laws. Recent developments, including the Model Tenancy Act 2021, have further standardized the format and content of such agreements across India.
Suggested Sections

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

2. Background: Brief context about the property ownership and intention to create a tenancy

3. Definitions: Definitions of key terms used throughout the deed including 'Premises', 'Term', 'Rent', 'Security Deposit'

4. Demised Premises: Detailed description of the property being rented, including its exact location and boundaries

5. Term and Renewal: Duration of tenancy, commencement date, and conditions for renewal

6. Rent and Payment Terms: Monthly rent amount, due date, payment method, and escalation clauses

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 Premises: Permitted use of property, restrictions, and conditions

10. Landlord's Covenants: Obligations and promises of the landlord

11. Tenant's Covenants: Obligations and promises of the tenant

12. Termination: Grounds for termination, notice periods, and consequences

13. Governing Law: Applicable laws and jurisdiction

14. Notices: Method and addresses for serving notices

15. Execution: Signature clauses and witness details

Optional Sections

1. Furniture and Fixtures: Detailed when property is rented furnished, listing all items and their condition

2. Sub-letting: Include when sub-letting is permitted, specifying conditions

3. Insurance: Include for high-value properties or when specific insurance requirements exist

4. Property Management: Include when a property manager is involved

5. Pet Clause: Include when pets are allowed, specifying conditions and additional deposits

6. Commercial Use: Include for properties permitted for business use

7. Force Majeure: Include for long-term leases to address unforeseen circumstances

8. Lock-in Period: Include when parties agree to a minimum commitment period

Suggested Schedules

1. Property Description Schedule: Detailed description of property including floor plan, boundaries, and carpet area

2. Inventory List: Detailed list of furniture, fixtures, and appliances with condition report

3. Payment Schedule: Breakdown of rent, maintenance charges, and other periodic payments

4. House Rules: Detailed rules and regulations for property use and maintenance

5. Handover Form: Checklist for property condition at time of possession

6. Maintenance Schedule: Schedule of regular maintenance activities and responsibilities

7. Photographs: Documentary evidence of property condition at start of tenancy

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Real Estate

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Property Manager

Facilities Manager

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Real Estate Manager

Operations Manager

Administrative Officer

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Real Estate Agent

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Corporate Real Estate Manager

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Tenant Relations Manager

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