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1. Parties: Details of the landlord/owner and tenant/occupant including full names, addresses, and legal capacity
2. Background: Brief history of the tenancy, reference to original lease agreement, and current situation leading to vacation
3. Definitions: Definitions of key terms used in the agreement including 'Premises', 'Vacation Date', 'Security Deposit', etc.
4. Agreement to Vacate: Core terms regarding the agreed vacation of premises, including specific date and time
5. Condition of Premises: Requirements for the condition in which the premises must be returned
6. Security Deposit: Terms for the return of security deposit, including deductions if any
7. Handover Process: Specific process for keys return, utility readings, and physical handover of premises
8. Settlement of Dues: Details of pending payments, including rent, utilities, and other charges
9. Release and Indemnity: Mutual release from future claims related to the tenancy
10. Governing Law: Specification of Indian law as governing law and jurisdiction details
11. Execution: Signature blocks and execution details
1. Inspection Schedule: Used when specific inspection dates need to be scheduled before vacation
2. Renovation/Restoration: Include when premises needs to be restored to original condition or specific renovations are required
3. Early Termination Fee: Required if the vacation is before the original lease end date
4. Forwarding Address: Include when future correspondence needs to be maintained
5. Storage of Remaining Items: Include when dealing with abandoned property or temporary storage requirements
6. Third Party Rights: Include when there are sub-tenants or other third party interests involved
1. Schedule A - Property Details: Detailed description of the premises including address and specific areas covered
2. Schedule B - Inventory List: List of fixtures, fittings, and items to be checked during handover
3. Schedule C - Damage Report: Documentation of existing damage or wear and tear
4. Schedule D - Utility Accounts: List of utility connections and account numbers to be transferred/terminated
5. Appendix 1 - Photographic Evidence: Photos of premises condition at the time of agreement
6. Appendix 2 - Original Lease Reference: Copy or key terms of the original lease agreement
Premises
Vacation Date
Handover Date
Landlord
Tenant
Original Lease
Security Deposit
Rent
Outstanding Dues
Notice Period
Handover Protocol
Utilities
Property Manager
Inspection Report
Vacant Possession
Common Areas
Fixtures and Fittings
Inventory List
Damages
Wear and Tear
Final Settlement
Business Day
Effective Date
Occupation Period
Original Condition
Keys and Access Devices
Building
Permitted Use
Relevant Authority
Recitals
Definitions
Vacation Agreement
Handover Process
Property Condition
Security Deposit
Settlement of Dues
Utilities Transfer
Keys and Access
Inspection Rights
Repairs and Restoration
Personal Property
Release and Discharge
Representations and Warranties
Indemnification
Costs and Expenses
Notice Requirements
Force Majeure
Governing Law
Dispute Resolution
Severability
Entire Agreement
Amendment
Waiver
Assignment
Third Party Rights
Counterparts
Execution
Real Estate
Residential Property
Commercial Property
Retail
Hospitality
Industrial
Education
Healthcare
Corporate Office Space
Warehousing and Storage
Legal
Real Estate
Facilities Management
Operations
Property Administration
Asset Management
Compliance
Corporate Services
Administrative Services
Risk Management
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Property Administrator
Leasing Manager
Asset Manager
Real Estate Officer
Corporate Real Estate Manager
Operations Manager
Housing Officer
Tenant Relations Manager
Property Compliance Officer
Real Estate Coordinator
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