A house rent agreement is merely a legal contract between the landlord and the tenant for a specific length of time. It is a collection of terms and conditions that both parties must abide to. The rent agreement is renewable every 11 months or longer, or according to the contract’s period.
Terms & Conditions for Rent Agreement
Duration of the rent period
Monthly rent
Security deposit
Penalty for late payment of rent
Additional charges like maintenance, society, water, gas, etc to be borne by the tenant or landlord
