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The Short Term Rental Agreement is designed for use in Pakistan when property owners wish to lease their residential or commercial property for a brief duration, usually less than twelve months. This document has become increasingly important with the rise of temporary housing needs, corporate rentals, and short-term commercial space requirements. It complies with Pakistani property law, including the Transfer of Property Act 1882, relevant provincial rent control acts, and local urban rent restriction ordinances. The agreement provides essential protections for both landlords and tenants, covering crucial aspects such as rent payments, maintenance obligations, security deposits, and termination conditions. It's particularly useful for situations involving temporary relocations, vacation rentals, short-term business needs, or transitional housing arrangements.

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

2. Background: Brief context of the rental arrangement and property ownership

3. Definitions: Key terms used throughout the agreement including 'Property', 'Term', 'Rent', 'Security Deposit'

4. Property Description: Detailed description of the rental property including address and any included fixtures/fittings

5. Term: Duration of the rental period, including start and end dates

6. Rent and Payment Terms: Rental amount, payment schedule, method of payment, and late payment consequences

7. Security Deposit: Amount, payment terms, conditions for refund, and deductions

8. Utilities and Maintenance: Responsibility for utility payments and property maintenance obligations

9. Use of Property: Permitted use of the property and any restrictions

10. Tenant Obligations: Key responsibilities and obligations of the tenant

11. Landlord Obligations: Key responsibilities and obligations of the landlord

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

13. Governing Law: Specification of Pakistani law and relevant jurisdiction

14. Signatures: Execution clause and space for signatures of all parties