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A Tenancy Agreement is a legally binding contract between a property owner (landlord) and someone who wants to use that property (tenant). It spells out the key terms of renting a residential or commercial space in India, including the monthly rent, security deposit, maintenance responsibilities, and duration of stay.

Under the Rent Control Acts of various Indian states, this written agreement protects both parties' rights and helps prevent future disputes. It must be properly stamped and registered with local authorities when the lease period exceeds 11 months. Good agreements also cover essential details like permitted uses of the property, repair obligations, and rules about subletting.

Create a Tenancy Agreement before letting anyone move into your property or when renting space yourself in India. This written contract becomes essential for both short-term rentals (under 11 months) and longer leases that need registration with local authorities.

The agreement proves particularly valuable when setting up shop in commercial spaces, renting out residential flats, or dealing with paying guest accommodations. It helps prevent disputes by clearly documenting rent amounts, security deposits, maintenance duties, and usage rights. Many banks and employers also require registered rental agreements as address proof or for housing allowance claims.

• House Rental Lease Agreement: Comprehensive agreement for full house rentals, covering detailed terms and maintenance responsibilities
• Simple House Rental Agreement: Streamlined version for straightforward residential rentals under 11 months
• Lease Agreement For Renting A Room: Specialized format for single-room rentals, often used in PG accommodations
• Residential House Lease Agreement: Detailed version for long-term residential leases requiring registration
• Simple Tenant Lease Agreement: Basic template suitable for both residential and small commercial rentals

• Property Owners/Landlords: Create and enforce Tenancy Agreements to protect their property rights, ensure timely rent payments, and set maintenance terms
• Tenants: Review and sign agreements to secure their right to occupy the space, understand their obligations, and document their security deposit
• Real Estate Agents: Help draft and negotiate agreements between parties, often acting as intermediaries in rental transactions
• Legal Professionals: Review or prepare agreements, ensure compliance with state rent control laws, and handle registration when required
• Property Management Companies: Manage multiple agreements on behalf of landlords, handling documentation and tenant relations

• Identity Details: Collect complete names, addresses, and valid ID proofs of both landlord and tenant
• Property Information: Note exact address, size, amenities included, and permitted usage of the space
• Financial Terms: Define monthly rent, security deposit amount, payment methods, and due dates
• Duration Details: Decide lease period, start date, and renewal terms
• Usage Rules: List maintenance responsibilities, allowed modifications, and occupancy limits
• Documentation: Gather property ownership proof, previous utility bills, and local authority permissions
• Stamp Paper: Purchase appropriate value stamp paper based on state requirements and rent amount

• Party Details: Full legal names, addresses, and contact information of landlord and tenant
• Property Description: Complete address, boundaries, and specific areas included in the tenancy
• Rental Terms: Monthly rent amount, payment schedule, security deposit details, and utility responsibilities
• Duration Clause: Lease period, start date, renewal conditions, and notice period for termination
• Usage Rights: Permitted activities, subletting restrictions, and maintenance obligations
• Dispute Resolution: Jurisdiction for legal proceedings and conflict resolution process
• Signatures: Dated signatures of all parties on appropriately stamped paper

A Tenancy Agreement differs significantly from an Agency Agreement, though both are common in Indian property transactions. While a Tenancy Agreement establishes a direct landlord-tenant relationship for property use, an Agency Agreement creates a relationship between a property owner and a real estate agent or property manager who will handle rental matters.

• Legal Relationship: Tenancy Agreements bind landlord and tenant directly regarding property usage, while Agency Agreements authorize a third party to act on the owner's behalf
• Duration and Terms: Tenancy Agreements typically run for 11 months or longer with specific rent terms, while Agency Agreements often have flexible timeframes and commission-based compensation
• Registration Requirements: Long-term Tenancy Agreements need mandatory registration under state laws; Agency Agreements usually don't require registration
• Scope of Rights: Tenancy Agreements grant possession rights to tenants, while Agency Agreements only give agents authority to market and manage the property