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A rental agreement is a legal document between the landlord and the tenant, which occupies the surfaces for non-retail use. The space is generally suitable for occupations such as accountants, lawyers, real estate agents or other related areas where clients are welcome for professional advice. Rent is usually negotiated on the basis of a price per square metre ($/SF) with the obligations of the parties between the landlord and the tenant. See also: Compromise clause in leases and how this can help landlords and tenants The tenancy agreement should include the name and address of the landlord and tenant, the conditions of tenancy, the duration of the lease, the rent and the amount of the deposit, the restrictions for both parties, the terms of termination of the contract, the terms of renewal and the indication of who must bear other costs such as maintenance costs, repairs, etc. Whether you are the landlord trying to find a suitable tenant or a tenant looking for the perfect space, it is best to use the Internet to display the available property. The most popular sites, depending on the type of office space, are: a rental contract for housing contracts may be obliged to comply with consumer protection laws, set limits on the amount that landlords can charge for bonds, or protect the basic rights of tenants with hot water and heating or air conditioning. On the other hand, government laws regulating the leasing of businesses often do not present such minimum or maximum requirements to owners. Even if your state has specific requirements and procedures for commercial landlords and tenants, in some cases, a lease could continue to exceed standard laws. In WITNESS WHEREOF, the owner/owner and the tenant have their hand at `Place` here the year `(date of the lease) mentioned first in the gifts of the following witnesses Click here to check the format of a rental agreement in English.

In order to promote rentals in India, the government has drafted a draft directive, the Model Tenancy Act, 2020, to make the transaction advantageous to both landlords and tenants. The provisions of this model policy should be the guiding principles for the development of a lease agreement.