1. WHAT ARE LEASE, TENANCY AND
HOUSE RENT AGREEMENTS AND
HOW TO NEGOTIATE THEM
Pranav Pandya, Franchise Development Manager, RE/MAX
Gujarat

2. Lease
 Transfer of the right to use the property.
 For a specified period/for perpetuity
 Can’t evict the leaseholder while the lease is
in existence unless termination provision.
RE/MAX Gujarat

3. What if a lease leads to a tenancy?
RE/MAX Gujarat

4. Leave and License
RE/MAX Gujarat

5. Advantage of leave and licence
RE/MAX Gujarat

6. deed or leave and license
agreement?
 Find out who is the actual owner
 It is crucial that a leave or license or lease agreement
is signed only with the real owner of the house.
 It is more difficult to trace ownership of agricultural
land
 If the person leasing the property is not the owner of
the land, find out if he has the authority to lease it.
RE/MAX Gujarat

7.  Renting out mortgaged property
 Term of the agreement
RE/MAX Gujarat

8. Termination clause and notice
period
 Most property related disputes between landlord
and occupant usually take place over termination
and eviction.
 long notice periods and lock in periods
 One month and three month notice period are
most common in India
RE/MAX Gujarat

9. Important Clauses
 Lock in clause
 Sub-letting clause
 Payment clause
 Increase in rent clause
 Guarantor Clause
 Maintenance/association charges clause
RE/MAX Gujarat

10. Important Clauses
 Wear and tear clause
 Clause for furniture and fixtures
 Clause on associated facilities and
amenities
 Security deposit clause
 Repair works during occupancy
RE/MAX Gujarat

11. Important Clauses
 Wear and tear clause
 Clause for furniture and fixtures
 Clause on associated facilities and
amenities
 Security deposit clause
 Repair works during occupancy
RE/MAX Gujarat

12. Important Clauses
 Clause for tax liability
 Dispute resolution clause
 General nuisance clause
 General points of concern regarding leasing or
renting of any nature

RE/MAX Gujarat

13. Thank You