Contract Checklist

Residential Lease Agreement Review Guide

Signing a lease? Don't let a landlord rush you. Hidden maintenance costs and unfair eviction clauses can turn your dream home into a legal nightmare.

Critical Red Flags

Automatic Renewal: Lease renews for another year without notice, preventing you from moving or negotiating.

Uncapped Rent Increases: Landlord can raise rent anytime without a pre-agreed percentage cap (standard is 5-10%).

Repair Deductibles: Tenant pays first ₹5000 of *any* repair, including structural issues like leaking roofs.

Guest Restrictions: Unreasonable bans on overnight guests or family members staying for short periods.

Must-Have Clauses

Security Deposit Refund (Lock-in): Strict timeline for refund (typically 15 days from handover).

Notice Period: Fixed 1-2 month notice period for both parties, with clearly defined 'early exit' options.

Maintenance Responsibilities: Clear distinction between minor repairs (tenant) and major/structural (landlord).

Inventory & Condition Report: A signed list of all furniture, fittings, and their current condition at handover.

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