PropMatrix
Draft rent agreement
RENTAL AGREEMENT
This Rental Agreement is made on 2026-07-27 between [Landlord] ("Landlord") and [Tenant]("Tenant").
- Premises. The Landlord lets the property at [property address] to the Tenant.
- Term. 11 months commencing 2026-07-27.
- Rent. ₹25,000 per month, payable in advance, escalating 5% per annum.
- Security deposit. ₹50,000, refundable on vacating less lawful deductions.
- Notice. Either party may terminate with 2 months' written notice.
- Use & upkeep. The Tenant shall use the premises lawfully and maintain it in good condition.
Landlord
Tenant
Generated by PropMatrix. This is a draft template, not legal advice. Have it reviewed, stamped and registered as required by local law.