How to make a house lease/rent agreement in Chennai?

• Discuss the clauses with your landlord/tenant and prepare a draft for your rental agreement.
• Some of the clauses are mandatory to keep in the rental agreement. Make sure you add those clauses too.
• Next, you will have to buy a stamp paper of the required value, which depends on the rent and security amount you have agreed upon.
• Now print the draft of the rental agreement on the stamp paper.
• Landlord and tenant, both will need to put their signatures on the agreement at the designated places.
• Two witnesses will also need to sign the agreement.
• Lastly, you will need to register the agreement at the local Sub-Registrar office.

Types Of Rental Agreements 

1. 11-Month Tenancy Agreement — Probably the most common rental agreement in the United States. This sort of contract lasts exactly 11 months and can be renewed at the conclusion of the period. Due to the short length of such agreements, registration is usually not required.
2. Commercial Lease - Signed for business purposes between landlords and businesses or between two businesses, commercial leases follow no defined pattern. These papers can be tailored to both parties' needs and are frequently signed for longer periods of time. Because the penalty of not registering and notarizing such documents could be severe, they are rarely avoided.
3. Long-Term Lease — Typically used for residential purposes, long-term leases require a hefty upfront payment rather than monthly rent payments. They are properly recorded and notarized because they involve a substantial sum of money.

Important Clauses To Include In Your Rental Agreement

• Rent, maintenance fees, and the security deposit must all be explicitly stated in the contract to prevent both parties from breaking their promises.
• Pets - The presence of animals on the premises must be discussed and agreed upon ahead of time.
• Late payment penalty - Landlords are permitted to impose a penalty for late rent payments. The implications of late payments must be indicated explicitly in the deed.
• Cleaning and painting - If the Landlord cleans and paints the house before the Tenant moves in, the charges are deducted from the Tenant's rent. As a result, the deed must expressly declare that painting and cleaning costs will be deducted from the security deposit.
• The minimal duration for which the deed cannot be terminated by both parties is referred to as the lock-in period.
• Overstay penalties - If the Tenant continues to occupy the property after the contract has expired, the Landlord may impose a penalty. A punishment like this should be specified in the deed.
• Eating habits - The landlord must state his restrictions regarding food habits that are permitted on his property.