What Is a Rent Agreement?

A rent agreement is a legally binding document between a landlord and a tenant, outlining the terms of renting a property. It includes details such as:

• Rent amount and due dates
• Duration of the agreement
• Responsibilities of both parties
• Terms for renewal, termination, or eviction

In today’s world, where verbal agreements often lead to disputes, a well-drafted rent agreement offers legal protection and clarity for both sides. At Sperso Filings, we ensure your agreement is accurate, enforceable, and tailored to meet legal standards — so you’re protected in case of any disagreements.

Types of Rent Agreements

• Residential Rent Agreement: Signed for residential use, outlines rent, duration, and living space responsibilities.
• Commercial Rent Agreement: Used for business premises, signed between landlords and businesses.

Benefits of a Rent Agreement (For Owners & Tenants)

• Written Record: Clearly documents terms for future reference.
• Legal Protection: Helps avoid disputes and enforces compliance.
• Clear Communication: Defines expectations and responsibilities.
• Financial Flexibility:
  • For Owners: Steady monthly income without selling property.
  • For Tenants: No large upfront cost, making rent affordable.

Key Contents of a Rent Agreement

• Party Details: Full names, addresses, and contact information.
• Property Occupancy: Areas accessible to the tenant.
• Duration of Agreement: Start/end dates and renewal terms.
• Property Details: Full address and size of premises.
• Rent & Security Deposit: Monthly rent, deposit terms, late fee clauses.
• Tenant’s Responsibilities: Maintenance duties.
• Landlord’s Responsibilities: Upkeep and property support.
• Subleasing Clause: Subletting permissions and penalties.
• Maintenance & Repairs: Role clarity on repairs.
• Breach of Contract: Consequences and remedies.
• Legal Jurisdiction: Applicable court/city.

Documents Required for Rent Agreement

• Tenant & Landlord:
  • Aadhaar card, valid government ID
  • Passport (mandatory for non-Indian residents)
  • Power of Attorney (if applicable)
  • Two passport-sized photographs
• Landlord Only: Original proof of ownership (sale deed, tax receipt, utility bill)
• Agreement Execution: Stamp paper of appropriate value as per state law

How to Register a House Rent Agreement

1. Both parties must sign the agreement.
2. Add signatures of two independent witnesses.
3. Visit Sub-Registrar’s Office for document verification.
4. Carry witnesses, photos, and valid IDs.
5. Registration must be done in person by landlord and tenant.
6. Pay stamp duty; agreement is then officially registered.

Rent Agreement Format

This Rent Agreement is made on [Insert Date] between:

Lessor/Owner: [Full Name of Landlord]

Lessee/Tenant: [Full Name of Tenant]

Address: [Complete Address of Rented Property]

Terms & Conditions

1. Monthly Rent: ₹[Amount in Numbers]/- ([Amount in Words])
2. Advance Payment: One month’s rent payable upfront.
3. Utility Charges: To be borne by tenant.
4. No Subletting allowed without consent.
5. Usage Compliance: Tenant must follow local laws.
6. Duration: 11 months from [Start Date], renewable.
7. Alterations: Only with Owner’s consent.
8. Inspections allowed with prior notice.
9. Cleanliness & Repairs: Handled by tenant (minor).
10. Termination: One month’s notice from either side.
11. Mutual Consent: Both parties voluntarily sign this agreement.

Signatures

Date: [Insert Signing Date] | Place: [Insert Location]

Witness 1: [Name & Signature] | Witness 2: [Name & Signature]

Lessor/Owner: [Signature & Name] | Lessee/Tenant: [Signature & Name]

What Is a Lease Agreement?

A lease agreement is a legally binding contract specifying terms of rental—like rent, duration, and rights/responsibilities. Understanding key elements helps avoid penalties and misunderstandings.

Common Types of Lease Agreements

• Standard Lease
• Commercial Lease
• Month-to-Month Lease
• Short-Term Lease
• Weekly Lease
• Lease-to-Own Agreement
• Room Lease
• Sublet Lease
• Family Member Lease
• Parking Space Lease
• Condominium Lease
• Hunting Lease

Benefits of a Lease Agreement

• Preservation of Ownership: Usage transferred, not ownership.
• Tax Advantages: Lessor can claim tax deductions.
• Growth Potential: Leasing offers flexible, scalable options.
• Faster Returns: Lease rentals provide steady cash flow.

Contents of a Lease Agreement

• Contact Information: Details of the landlord and all adult tenants.
• Property Details: Address, size, features, and relevant specifications.
• Lease Specifics: Type (residential/commercial) and lease duration with start/end dates.
• Rent Details: Monthly rent amount, due date, and payment method.
• Rights and Obligations: Define access rights and responsibilities for both parties.
• Dispute Resolution: Outline steps to resolve any lease-related issues.
• Deposit and Fees: Mention security deposit, any fees, and their amounts.
• Occupancy Limits: Number of allowed occupants and who they are.
• Restrictions: Rules against modifications, new appliances, or structural changes.
• Pets: State pet policy and any related restrictions.
• Maintenance and Repairs: List landlord's duties for upkeep and repairs.
• Utilities: Clarify who pays for which utilities (electricity, water, etc.).

Documents Required for Lease Agreement

• Aadhaar card, receipt, or valid ID proof
• Original passport (for non-resident tenants)
• Power of attorney (if registering on someone else's behalf)
• Property ownership proof from the landlord
• Two recent passport-sized photographs
• Agreement must be printed on recommended-value stamp paper

Lease Agreement Registration Process

1. Fill in landlord and tenant details.
2. Upload Aadhaar and secondary ID (e.g., PAN, voter ID).
3. Pay registration, stamp duty, and service fee online.
4. Receive your registered lease agreement digitally.

Lease Agreement Format

This Lease Agreement is made on this ___ day of ______, 20__, at [Location], by and between:

First Part: The Lessor

(A) If property owned by a company:

[Company Name], a company incorporated under Companies Act, 1956, at [Registered Address], acting through its authorised signatory [Name]

Contact: [Phone/Fax], Email: [Email ID]

(B) If property owned by an individual:

Mr./Ms. [Full Name], Permanent Address: [Address], Email: [Email], Mobile: [Phone]

Hereinafter referred to as the "Lessor".

Why Choose Sperso Filings for Your Lease or Rent Agreement?

• Fast, reliable, and legally compliant agreement drafting
• Support from experienced legal professionals
• Legally valid and court-admissible documents
• Customised based on property type and requirements
• Simple and fully online processing

Trust Sperso Filings for accuracy and professionalism — rent or lease with confidence.