Residential & PG Rent Agreement Generator

WHEREAS the Owner is the absolute legal owner of the premises described herein, and the Tenant has requested permission to occupy the premises on a temporary Leave and License basis on the following mutually agreed terms:

TERMS AND CONDITIONS OF LEAVE & LICENSE:

1. Tenancy Duration: The license shall commence with effect from [Date] and remain valid for an initial period of 11 Months. Upon expiry, the Tenant shall peacefully hand over vacant possession to the Owner.
2. Rent Due Date: The Tenant agrees to pay a fixed monthly rent of ₹12,500/- payable in advance on or before the 5th day of every calendar month. For tenancies commencing mid-month, rent shall be adjusted pro-rata or as per the monthly cycle.
3. Security Deposit: The Tenant has deposited an interest-free refundable sum of ₹25,000/- with the Owner. This amount shall be refunded upon vacating, subject to deduction of unpaid rent, utility bills, or damages, if any.
4. Lock-in Period & Termination: A lock-in period of 3 Months shall apply. Thereafter, either party may terminate the tenancy by providing 30 Days written notice or equivalent rent in lieu thereof.
5. Payment Mode & Receipts: Monthly rent shall be paid directly to the Owner's verified bank account, UPI ID, or digital payment method. The Owner shall issue a valid receipt or confirmation upon credit.
6. Utilities & Maintenance: Electricity consumption charges (as per meter/sub-meter), regular water charges, and society maintenance dues shall be borne by the Tenant throughout the tenancy term.
7. Permitted Residential Use: The premises shall be utilized strictly for peaceful residential purposes. No commercial, hazardous, or unlawful activity shall be conducted on the premises.
8. Subletting Prohibited: The Tenant shall not assign, sublet, or transfer the possession of the premises or any part thereof to any third person under any circumstances.
9. Care of Premises & Fixtures: The Tenant shall maintain the property in clean, hygienic, and tenantable condition. All existing fittings, sanitary ware, and electrical points shall be handed over intact at the end of the term.
10. Repairs: Day-to-day minor repairs (light bulbs, fuse replacements, tap washers) shall be attended by the Tenant. Structural or major plumbing/electrical repairs shall be the responsibility of the Owner.
11. Inspection Rights: The Owner or authorized representatives shall have the right to inspect the premises during reasonable daylight hours with prior intimation to the Tenant.
12. No Ownership Rights: This agreement is purely a Leave and License agreement and does not create any tenancy rights, leasehold estate, or ownership title in favor of the Tenant.
13. Default in Payment: Continuous failure to pay monthly rent by the due date for consecutive cycles shall entitle the Owner to revoke this license and seek immediate possession.
14. Renewal Terms: Any extension beyond the 11-month term shall require execution of a fresh agreement with mutually agreeable escalation in monthly rent.
15. Dispute Resolution & Jurisdiction: All disputes arising out of this agreement shall be subject to the exclusive jurisdiction of the competent civil courts of the city where the property is situated.