What information does the rent agreement document contain?

The various details that are listed in a rent agreement document include information of both the parties, details about the property, the mode of rent payment, the notice period and the lock-in period duration, all the things included in the house like lights, fans, geysers, etc.

Let us look at some of the common mistakes people tend to make in a house rent agreement format which can lead to many problems in the future:

  • The terms which can lead to the eviction of the tenant are not specified.
  • The lock-in period and termination are not mentioned. The lock-in period is the minimum period till which the tenant cannot vacate the property. The notice period before terminating the agreement also needs to be specified. 
  • Not mentioning the amount of rent to be paid, mode of payment, and any other charges.
  • Clauses related to subletting of property and power of attorney are not mentioned.

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