The Fixed Term Tenancy Agreement is a crucial legal instrument used in India for establishing defined-period rental arrangements between property owners and tenants. This document is essential when parties wish to create a legally binding rental relationship for a specific duration, typically ranging from 11 months to multiple years. It encompasses all necessary elements required under Indian law, including rent determination, security deposits, maintenance obligations, and termination conditions. The agreement must comply with various Indian legislations including the Transfer of Property Act, state-specific rent control laws, and registration requirements where applicable. It's particularly important for both residential and commercial properties, providing clear documentation of rights, responsibilities, and remedies for all parties involved.
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1. Parties: Details of the landlord and tenant, including full names, addresses, and contact information
2. Background: Brief context of the agreement and property letting
3. Definitions: Definitions of key terms used throughout the agreement
4. Demise: Description of the property being let and the term of tenancy
5. Rent and Deposits: Rental amount, payment terms, security deposit details, and payment methods
6. Tenant Obligations: Comprehensive list of tenant's responsibilities including maintenance, use of premises, and conduct
7. Landlord Obligations: Landlord's commitments regarding property maintenance, services, and statutory compliance
8. Utilities and Outgoings: Responsibility for utility payments, maintenance charges, and other ongoing expenses
9. Insurance: Insurance requirements for both parties
10. Termination: Conditions and procedures for ending the tenancy
11. Notice: Requirements for serving notices between parties
12. Governing Law: Confirmation of Indian law as governing law and jurisdiction
1. Lock-in Period: Terms of minimum guaranteed tenancy period, used when parties agree to a minimum commitment
2. Force Majeure: Provisions for unforeseen circumstances, particularly relevant post-COVID
3. Pet Clause: Rules regarding keeping pets, included when pets are allowed or specifically prohibited
4. Subletting: Terms for subletting or assignment, included when specifically permitted
5. Maintenance Services: Details of any additional maintenance services provided, included for fully serviced properties
6. Fit-out Works: Terms for any modifications or improvements allowed, included when tenant is permitted to make alterations
1. Property Description: Detailed description of the property including floor plan and boundaries
2. Inventory: List of fixtures, fittings, and furniture provided with the property
3. House Rules: Specific rules and regulations for the property or building complex
4. Handover Form: Condition report to be completed at the start and end of tenancy
5. Maintenance Schedule: Schedule of regular maintenance responsibilities for both parties
6. Service Charges: Breakdown of any additional charges or maintenance fees
Relevant legal definitions
Agreement
Applicable Laws
Building
Business Day
Commencement Date
Common Areas
Demised Premises
Deposit
Due Date
Fixtures and Fittings
Force Majeure Event
House Rules
Interest Rate
Landlord
Lease Period
Lock-in Period
Maintenance Charges
Notice
Occupation Certificate
Permitted Use
Property
Rent
Schedule
Security Deposit
Service Charges
Services
Tenant
Term
Termination Date
Utilities
Applicable Laws
Building
Business Day
Commencement Date
Common Areas
Demised Premises
Deposit
Due Date
Fixtures and Fittings
Force Majeure Event
House Rules
Interest Rate
Landlord
Lease Period
Lock-in Period
Maintenance Charges
Notice
Occupation Certificate
Permitted Use
Property
Rent
Schedule
Security Deposit
Service Charges
Services
Tenant
Term
Termination Date
Utilities
Clauses
Demise
Term
Rent
Security Deposit
Payment Terms
Permitted Use
Maintenance and Repairs
Utilities and Outgoings
Insurance
Alterations and Improvements
Assignment and Subletting
Landlord's Covenants
Tenant's Covenants
Property Access
Quiet Enjoyment
Force Majeure
Indemnification
Default and Remedies
Termination
Lock-in Period
Registration
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Term
Rent
Security Deposit
Payment Terms
Permitted Use
Maintenance and Repairs
Utilities and Outgoings
Insurance
Alterations and Improvements
Assignment and Subletting
Landlord's Covenants
Tenant's Covenants
Property Access
Quiet Enjoyment
Force Majeure
Indemnification
Default and Remedies
Termination
Lock-in Period
Registration
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Relevant Industries
Real Estate
Residential Property
Commercial Property
Retail
Hospitality
Education
Healthcare
Technology
Professional Services
Manufacturing
Relevant Teams
Legal
Real Estate
Facilities Management
Operations
Administration
Compliance
Property Management
Asset Management
Contract Management
Real Estate Operations
Relevant Roles
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Contracts Manager
Real Estate Agent
Leasing Manager
Operations Manager
Administrative Officer
Company Secretary
Compliance Officer
Housing Officer
Estate Agent
Property Administrator
Asset Manager
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