Periodic Tenancy Agreement Template for Pakistan

The Periodic Tenancy Agreement is a crucial legal document used in Pakistan's property rental market to establish open-ended rental arrangements that continue on a recurring basis. This type of agreement is particularly useful when parties prefer flexibility in the duration of the tenancy while maintaining legal protections. The document complies with Pakistani federal laws including the Transfer of Property Act, 1882, and relevant provincial rent control ordinances. It covers essential aspects such as rent payment terms, security deposits, maintenance responsibilities, and notice requirements for termination. The agreement is structured to protect both landlord and tenant interests while providing clear guidelines for the ongoing tenancy relationship. This document type is commonly used in both residential and commercial contexts throughout Pakistan, offering a balance between flexibility and legal certainty.

1. Parties: Identification and details of the landlord and tenant, including full legal names, addresses, and contact information

2. Background: Brief context of the agreement and the intention to create a periodic tenancy

3. Definitions: Key terms used throughout the agreement defined for clarity and legal certainty

4. Property Details: Comprehensive description of the rental property, including address and any included fixtures/fittings

5. Term and Periodic Nature: Specification of the periodic term (weekly/monthly/yearly) and continuation/renewal terms

6. Rent and Payment Terms: Rent amount, payment schedule, method of payment, and late payment consequences

7. Security Deposit: Amount, terms of holding, and conditions for return of the security deposit

8. Utilities and Charges: Responsibility for utility payments, maintenance charges, and other ongoing costs

9. Maintenance and Repairs: Obligations of both parties regarding property maintenance and repair responsibilities

10. Use of Property: Permitted use of the property and any restrictions on activities

11. Termination: Notice periods and procedures for terminating the tenancy by either party

12. Governing Law: Specification of Pakistani law as governing law and relevant jurisdiction