Rent / Leave-and-Licence Agreement Generator

RENT / LEAVE-AND-LICENCE AGREEMENT

This Rent / Leave-and-Licence Agreement ("Agreement") is made and executed
at [City], [State] on _____________,

BETWEEN

[Landlord/Licensor Name], residing at / registered office at [Landlord/Licensor Address]
(hereinafter referred to as the "Landlord/Licensor", which expression
shall, unless repugnant to the context, include his/her/its heirs,
successors, legal representatives and assigns), of the ONE PART;

AND

[Tenant/Licensee Name], residing at [Tenant/Licensee Address]
(hereinafter referred to as the "Tenant/Licensee", which expression shall,
unless repugnant to the context, include his/her/its heirs, successors,
legal representatives and permitted assigns), of the OTHER PART.

(The Landlord/Licensor and Tenant/Licensee are hereinafter collectively
referred to as the "Parties" and individually as a "Party".)

1. PREMISES
   The Landlord/Licensor hereby grants to the Tenant/Licensee, and the
   Tenant/Licensee hereby accepts, the right to use and occupy the
   residential premises situated at:
       [Property Address]
   (hereinafter referred to as the "Premises"), together with fixtures and
   fittings therein, on a leave-and-licence / rental basis on the terms
   and conditions set out below.

2. TERM
   2.1 This Agreement shall be for a period of 11 month(s),
       commencing from _____________ and ending on _____________
       ("Term"), unless renewed or terminated earlier in accordance with
       this Agreement.
   2.2 Lock-in period: The Parties agree to a minimum lock-in period of
       6 month(s) from the commencement date, during which
       neither Party may terminate this Agreement except for a material
       breach by the other Party.
   2.3 Any renewal of this Agreement beyond the Term shall be by mutual
       written consent of the Parties on such terms as may be agreed,
       including a revision of the rent.

3. RENT AND SECURITY DEPOSIT
   3.1 Monthly rent: The Tenant/Licensee shall pay to the Landlord/Licensor
       a monthly rent of ₹25,000, payable in advance on or before the
       7th day of each calendar month, by bank transfer or such other mode
       as the Parties may agree.
   3.2 Security deposit: The Tenant/Licensee has paid / shall pay to the
       Landlord/Licensor an interest-free refundable security deposit of
       ₹75,000 prior to taking possession of the Premises. The
       deposit shall be refunded within 30 (thirty) days of vacating the
       Premises, after adjusting any dues, damages (beyond normal wear and
       tear) or unpaid amounts.
   3.3 Any delay in payment of rent beyond 7 (seven) days of the due date
       may attract a reasonable late fee/interest as agreed between the
       Parties.

4. MAINTENANCE AND UTILITIES
   4.1 The Tenant/Licensee shall bear and pay, directly to the relevant
       authority/society, all charges for electricity, water, gas,
       internet/cable and other utilities consumed at the Premises during
       the Term.
   4.2 Society maintenance charges, unless otherwise agreed in writing,
       shall be borne by the [Landlord/Licensor / Tenant/Licensee — to be
       specified by the Parties].
   4.3 The Landlord/Licensor shall be responsible for major structural
       repairs, and the Tenant/Licensee shall be responsible for the day-
       to-day upkeep of the Premises and fixtures provided.

5. OBLIGATIONS OF THE TENANT/LICENSEE
   5.1 To use the Premises only for residential purposes and not for any
       illegal, immoral or commercial activity.
   5.2 Not to sublet, assign or part with possession of the Premises, in
       whole or in part, without the prior written consent of the
       Landlord/Licensor.
   5.3 Not to make any structural alteration or addition to the Premises
       without the prior written consent of the Landlord/Licensor.
   5.4 To permit the Landlord/Licensor or authorised representatives to
       inspect the Premises at reasonable times upon prior notice.
   5.5 To hand over vacant, peaceful possession of the Premises on
       expiry/termination of this Agreement, in the same condition as
       received, subject to normal wear and tear.

6. TERMINATION
   6.1 Either Party may terminate this Agreement after the lock-in period
       by giving the other Party not less than 1 (one) month's prior
       written notice.
   6.2 Either Party may terminate this Agreement with immediate effect, at
       any time including during the lock-in period, in the event of a
       material breach of this Agreement by the other Party that remains
       uncured for 15 (fifteen) days after written notice of such breach.
   6.3 On termination or expiry, the Tenant/Licensee shall vacate the
       Premises and hand over possession along with all keys, and the
       Landlord/Licensor shall refund the security deposit as set out in
       Clause 3.2.

7. GOVERNING LAW AND JURISDICTION
   This Agreement shall be governed by and construed in accordance with
   the laws of India and the applicable state rent/leave-and-licence
   legislation of [State]. The courts/authorities at
   [City], [State] shall have exclusive jurisdiction over any
   dispute arising out of or in connection with this Agreement, subject
   to applicable rent control/registration requirements.

8. REGISTRATION AND STAMP DUTY
   This Agreement shall be executed on appropriate stamp paper / e-stamp
   and, where required by law (including agreements for a term exceeding
   11 months in several states), registered with the concerned
   Sub-Registrar of Assurances at the cost and responsibility of the
   Parties as mutually agreed.

IN WITNESS WHEREOF, the Parties have set their hands on the day, month and
year first above written.

LANDLORD/LICENSOR                          TENANT/LICENSEE

_____________________________              _____________________________
[Landlord/Licensor Name]                          [Tenant/Licensee Name]


WITNESSES:

1. Name: _____________________  Signature: _____________________
   Address: __________________________________________________

2. Name: _____________________  Signature: _____________________
   Address: __________________________________________________