11-Month Rental Agreement GeneratorMTA 2021 Compliant
11-month agreement requires minimum ₹100 e-stamp. Registered if >11 months.
(Attach Non-Judicial Stamp Paper Certificate Here — Standard Value ₹100 to ₹500 e-Stamp Paper)
Residential Rental Agreement
This Rent Agreement is made and executed on this 1 April 2026 by and between:
Mr./Mrs. Suresh Kumar, S/o or W/o Late Ram Prasad Kumar, residing at No. 45, 2nd Main, Indiranagar, Bengaluru - 560038 (hereinafter referred to as the "LESSOR / FIRST PARTY", which expression shall unless repugnant to the context include heirs, legal representatives, and assigns) of the ONE PART.
Mr./Ms. Priya Nair, S/o or D/o K. Narayanan Nair, residing permanently at House No. 12, MG Road, Ernakulam, Kerala - 682016 (hereinafter referred to as the "LESSEE / SECOND PARTY", which expression shall unless excluded by context include heirs, executors, and assigns) of the OTHER PART.
1. DURATION: This tenancy is granted for an initial term of 11 (Eleven) months commencing from 2026-04-01 and ending on 2027-02-28.
2. MONTHLY RENT: The Lessee shall pay to the Lessor a monthly rent of ₹26,000 per month, payable in advance on or before the 5th day of every calendar month. Maintenance of ₹3000/month shall be paid separately.
3. SECURITY DEPOSIT: The Lessee has deposited with the Lessor a sum of ₹80,000 as an interest-free refundable security deposit. This deposit shall be refunded upon vacating after deducting unpaid rent, electricity bills, and damages if any.
4. NOTICE PERIOD: Either party may terminate this agreement by serving 30 days written notice or rent in lieu thereof.
5. LOCK-IN PERIOD: Both parties agree to a minimum lock-in period of 6 months during which neither party shall terminate without mutual consent.
6. RENEWAL & ESCALATION: On expiry of 11 months, if mutually agreed, the tenancy may be renewed with a 7% increment on existing rent.
7. USE OF PREMISES: The Lessee shall use the schedule property exclusively for peaceful residential purposes and not for any unlawful or commercial activities.