Document background
The Multiple Tenant Lease Agreement is designed for situations where multiple tenants occupy different units within a single property in India. This document is essential for residential complexes, shared housing arrangements, and multi-unit commercial properties where multiple independent tenants share common facilities. It ensures clear delineation of individual and shared spaces, establishes maintenance responsibilities, and provides frameworks for utility cost allocation and dispute resolution. The agreement complies with Indian legal requirements, including state-specific rent control laws, registration requirements under the Registration Act, 1908, and stamp duty provisions. It's particularly relevant in urban areas where shared housing arrangements are becoming increasingly common, and helps prevent potential conflicts by clearly defining rights, responsibilities, and operational procedures for all parties involved.
