The Short Lease Agreement serves as a standardized legal instrument for documenting temporary property usage arrangements in India. This document type is particularly useful for leases under 11 months, though it can be adapted for longer terms with appropriate registration. The agreement incorporates essential elements required by the Transfer of Property Act, 1882, and relevant state rent control laws, while remaining concise and user-friendly. It's designed to protect both lessor and lessee interests by clearly defining terms of tenancy, rent obligations, maintenance responsibilities, and termination conditions. The document is widely used across India for both residential and commercial properties, providing a balanced framework that ensures legal compliance while maintaining practical utility for routine leasing transactions.
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1. Parties: Identifies and provides full details of the lessor (landlord) and lessee (tenant), including names, addresses, and contact information
2. Background: Brief context about the property and the parties' intention to enter into a lease agreement
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Property Details: Specific description of the leased property, including address and boundaries
5. Term and Rent: Specifies the duration of the lease and rent amount, including payment terms and methods
6. Security Deposit: Details of the security deposit amount, terms of holding, and conditions for refund
7. Maintenance and Repairs: Outlines responsibilities for property maintenance and repairs between landlord and tenant
8. Utilities and Charges: Specifies responsibility for utility payments and other charges
9. Use of Property: Permitted uses of the property and any restrictions
10. Termination: Conditions and process for termination of the lease
11. Governing Law: Specifies that the agreement is governed by Indian law and relevant state regulations
12. Execution: Space for signatures of parties and witnesses
1. Lock-in Period: Defines a mandatory period during which neither party can terminate the lease, used when parties want to ensure stability
2. Subletting: Terms regarding subletting rights, included when subletting might be permitted under certain conditions
3. Insurance: Insurance requirements for either party, included for commercial properties or when specific risks need coverage
4. Force Majeure: Provisions for extraordinary circumstances, included when parties want clarity on rights during unexpected events
5. Renovation/Alterations: Terms for making changes to the property, included when modifications might be needed
6. Option to Renew: Terms for lease renewal, included when parties want to pre-agree extension possibilities
1. Schedule A - Property Description: Detailed description of the property including measurements, boundaries, and fixtures
2. Schedule B - Inventory List: List of furnishings and fixtures provided with the property
3. Schedule C - House Rules: Specific rules and regulations for property use, especially relevant for residential properties
4. Appendix 1 - Property Photos: Photographic documentation of the property's condition at the start of lease
5. Appendix 2 - Payment Schedule: Detailed breakdown of rent payments, maintenance charges, and other fees
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Residential Property
Commercial Property
Retail
Healthcare
Education
Hospitality
Professional Services
Manufacturing
Warehouse and Storage
Relevant Teams
Legal
Operations
Administration
Facilities Management
Real Estate
Compliance
Property Management
Corporate Services
Asset Management
Risk Management
Relevant Roles
Property Manager
Real Estate Manager
Facility Manager
Legal Counsel
Corporate Lawyer
Operations Manager
Administrative Manager
Business Development Manager
Real Estate Agent
Leasing Coordinator
Compliance Officer
Property Owner
Estate Manager
Housing Officer
Tenant Relations Manager
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