List of legal clauses for any Rental Agreementshnk_admin
When it comes to legal matters, we all tend to shy away from it. We all are into the frame of mind that legal matters would be very complicated and we would not be able to understand them. This little shying away of us from these matters, leads to greater troubles. A little effort of us into matters in the initial stage, can give us a better, easier and stress free life throughout.
Legal clauses are primarily made for the mutual coexistence of both the tenant and the landlord. Rent agreements in our country are made on notarised legal stamp papers. Therefore, these become legal documents. Since these are legal documents people might adulterate it. There are a lot of instances where forgery with legal documents has been noticed. Therefore serious vigilance is required when dealing with legal documents for your rental property.
Lists of clauses you should keep in mind-
1.Your tenancy period, your due date for rents, time for renewal of your lease and issues regarding repair and maintenance should also be clearly mentioned in the clause. In the clause even the roles and responsibilities of the tenant and the landlord should be clearly mentioned.
2.According to legal experts a tenant should always take a home only post all the repairs and maintenance of the house has been done.
3.It is also very important for the tenant to check on all the pending dues and charges, like electricity charges, society dues from society welfare association etc.
4.Your booking amount or the security deposit should also be clearly mentioned in the rental agreement.
5.The arbitration clause is also a very important aspect when it comes to rental clauses. If you are moving in a fully furnished flat, it is best in your interest to list down the details of all the items, furniture or goods in the house. So, that any repair or loss established towards the end of your tenancy can be established.
6.Most of the lawyers helping you to frame the rent agreement have a template ready, but you can always make modifications as per your preferences. For a desired template you can use Draft Tenancy Act 2015.