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Short Term Rental Agreement for India

Short Term Rental Agreement Template for India

This Short Term Rental Agreement is a legally binding document used in India for temporary property rentals, typically ranging from a few months up to 11 months. The agreement complies with Indian property law, including the Transfer of Property Act, 1882, and relevant state-specific rent control regulations. It comprehensively covers essential terms including rent amount, security deposit, maintenance responsibilities, and utility payments, while ensuring compliance with local registration and stamp duty requirements. The document is structured to protect both landlord and tenant interests while maintaining flexibility for short-term arrangements.

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What is a Short Term Rental Agreement?

The Short Term Rental Agreement is designed for property rentals in India where the intended duration is typically less than 11 months, a timeframe specifically chosen to optimize registration requirements under Indian law. This document is essential for both residential and commercial short-term rentals, providing a comprehensive framework for temporary property use while ensuring compliance with Indian property laws, including the Transfer of Property Act, state-specific rent control acts, and local municipal regulations. It is particularly useful for situations requiring flexibility such as temporary relocations, corporate housing, or transitional periods. The agreement includes provisions for rent payment, security deposits, maintenance responsibilities, and specific terms of use, while remaining adaptable to various property types and rental situations. Its structure considers both urban and rural property contexts across different Indian states, making it suitable for a wide range of short-term rental arrangements.

What sections should be included in a Short Term Rental Agreement?

1. Parties: Identification and details of the landlord and tenant, including full names, addresses, and contact information

2. Background: Brief context about the property and the parties' intention to enter into a short-term rental arrangement

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Term', 'Rent', and other relevant definitions

4. Property Details: Specific description of the rental property, including address and any included parking or common areas

5. Term and Possession: Duration of the rental period, start and end dates, and conditions for possession

6. Rent and Payment Terms: Rental amount, payment schedule, security deposit details, and payment methods

7. Utilities and Maintenance: Responsibility for utility payments, maintenance obligations of both parties

8. Use of Property: Permitted uses of the property and any restrictions

9. Tenant Obligations: Key responsibilities and obligations of the tenant during the rental period

10. Landlord Obligations: Key responsibilities and obligations of the landlord during the rental period

11. Termination: Conditions and process for early termination by either party

12. Governing Law: Specification of Indian law as governing law and jurisdiction details

What sections are optional to include in a Short Term Rental Agreement?

1. Furniture and Fixtures: Detailed section for furnished properties, listing all items provided and their condition

2. Pets: Section needed if pets are allowed, specifying conditions and any additional deposits

3. Subletting: Include if subletting is permitted, with conditions and approval process

4. Insurance: Required for high-value properties or when tenant insurance is mandatory

5. Property Management: Include if a property manager is involved in addition to the landlord

6. Commercial Use: Required if any commercial activities are permitted in the property

7. Additional Occupants: Include if other occupants besides the main tenant are allowed to stay

8. Parking: Detailed section needed if parking spaces are included in the rental

What schedules should be included in a Short Term Rental Agreement?

1. Schedule A - Property Inventory: Detailed list of all furniture, appliances, and fixtures included in the rental

2. Schedule B - Property Condition Report: Detailed assessment of the property's condition at the start of the tenancy

3. Schedule C - House Rules: Specific rules and regulations for the property or building complex

4. Schedule D - Payment Schedule: Detailed breakdown of rent, deposits, and other charges

5. Appendix 1 - Property Photos: Photographic evidence of property condition at the start of tenancy

6. Appendix 2 - Utility Readings: Initial meter readings for electricity, water, and gas if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions

































Clauses




























Relevant Industries

Residential Real Estate

Commercial Real Estate

Property Management

Real Estate Investment

Hospitality

Corporate Housing

Student Housing

Tourism Accommodation

Serviced Apartments

Relevant Teams

Legal

Property Management

Facilities Management

Real Estate

Operations

Administration

Compliance

Asset Management

Housing Services

Tenant Relations

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Housing Coordinator

Facilities Manager

Leasing Manager

Property Administrator

Real Estate Investment Manager

Compliance Officer

Tenant Relations Manager

Asset Manager

Corporate Housing Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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