Lease Renewal Agreement Template for India

1. Parties: Identification of the Lessor/Landlord and Lessee/Tenant with their complete details including names, addresses, and contact information

2. Background: Reference to the original lease agreement, its date of execution, current expiry date, and the parties' intention to renew

3. Definitions: Definitions of key terms used in the agreement, including references to terms defined in the original lease that continue to apply

4. Renewal Term: Specific details of the renewal period, including start date and duration

5. Rent and Payment Terms: Updated rent amount, payment schedule, and any escalation clauses for the renewal period

6. Continuation of Original Terms: Explicit statement of which terms from the original lease agreement continue to apply

7. Modified Terms: Clear specification of any terms that are being modified from the original lease

8. Security Deposit: Details of existing/additional security deposit requirements

9. Compliance and Registration: Requirements for registration, stamp duty, and other legal compliance matters

10. Execution: Signature blocks and execution requirements

1. Schedule 1 - Property Details: Detailed description of the leased property including address and boundaries

2. Schedule 2 - Rent Payment Schedule: Detailed breakdown of rent payments and escalation dates throughout the renewal term

3. Schedule 3 - Inventory List: Updated list of fixtures, fittings, and furniture if provided with the property

4. Appendix A - Original Lease Agreement: Copy of the original lease agreement for reference

5. Appendix B - Property Inspection Report: Current condition report of the property at the time of renewal

6. Appendix C - Modified Terms Matrix: Comparison table showing original terms versus modified terms for easy reference