Standard Lease Agreement Form Template for India

1. Lock-in Period: Specifies a mandatory period during which neither party can terminate the lease, used when parties want to ensure stability

2. Fit-out Period: Allows tenant time to modify premises before lease commencement, typically used in commercial leases

3. Force Majeure: Addresses unforeseen circumstances preventing performance, particularly relevant post-COVID

4. Sub-letting: Permission and conditions for sub-letting, if allowed

5. Insurance: Insurance requirements for either party, more common in commercial leases

6. Property Management: Rules regarding society/building management, relevant for apartments

7. Stamp Duty and Registration: Specific clauses about who bears these costs, needed for longer-term leases

8. GST Compliance: Required for commercial properties where GST is applicable

1. Schedule 1 - Property Details: Detailed description of property including floor plan, boundaries, and carpet area

2. Schedule 2 - Inventory List: List of furniture, fixtures, and appliances provided with the property

3. Schedule 3 - Rent Payment Schedule: Detailed breakdown of rent, maintenance charges, and scheduled increases

4. Schedule 4 - House Rules: Specific rules and regulations regarding property usage and maintenance

5. Appendix A - Property Photos: Photographs documenting the condition of property at time of lease

6. Appendix B - Maintenance Responsibilities: Detailed split of maintenance responsibilities between landlord and tenant

7. Appendix C - Utility Deposits: List of utility deposits paid and account numbers

8. Appendix D - Registration Documents: Copies of property ownership and tax documents