Document background
The Renew Tenancy Agreement is essential when parties wish to extend an existing rental arrangement in India while potentially modifying certain terms. This document is typically used when the original lease period is approaching expiration and both parties agree to continue their landlord-tenant relationship. It must comply with various Indian laws including the Transfer of Property Act, state-specific Rent Control Acts, and where applicable, the Model Tenancy Act 2021. The agreement should reference the original lease while clearly stating any modifications to rent, duration, or other terms. It requires proper registration if the renewal period exceeds 11 months and must be stamped according to state-specific stamp duty requirements. The document serves as a crucial tool for maintaining legal clarity in ongoing tenancy relationships while allowing for necessary updates to the original terms.
