J B & ASSOCIATES -SOLICITORS & ADVOCATES

 Mahesh Joshi

 42 Years Exp

 Office Sharing Agreement (Show More)

 Kolkata , Council House Street

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For most bachelors (and spinsters for that matter), moving to a different town is a common part of adult life. Most of them, while independent, may not be able to afford having to rent a whole home for their own. That’s where the provision to rent only a room or portions of a house already occupied by someone else seems like a blessing.

The best choice for young and single people, many families living in the metros have opted to open their homes for such people. The additional income from such an arrangement is also another benefit for the average families.

Even though in this arrangement the landlord gets to keep a closer eye on his tenant(s), it is still a wise choice to have a rental agreement in place. This agreement too is pretty much like the conventional rental agreement, but it has slight differences as some facts are different.

A primary difference would be that the fact that only certain parts of the home is accessible to the tenant is clearly mentioned. The contract needs to spell out exactly which parts the tenant can occupy along with other factors like terms of using the common regions.
Types of Commercial Lease

A lot of attention has to be paid to the clauses that go into a room rental agreement. Since the landlord and tenant may co-occupy the same property, clear restrictions must be drawn up so that either party remains undisturbed.

Following are some of the clauses that must never be omitted from a room rental agreement-

    Monthly rent, security deposit and term of the contract
    Terms and conditions of contract renewal
    Portions of the home the tenant will have access to
    Consequences of breaching the contract
    Right to sublet
    Maintenance responsibilities and duties of owner/tenant

How To Make It Legally Valid And Enforceable?

To make any rental agreement legally valid, following are the steps one needs to follow-

    Prepare the contract carefully. Ensure that all clauses and terms required by both owner and tenant are included.
    Print the prepared agreement on stamp paper of recommended value. Every state has different rules on the stamp duty to be paid. Pay attention to this.
    Owner and tenant should then place their signatures on designated places on the contract in the presence of two witnesses, who must also sign the contract.
    Tenant then pays required stamp duty and lets the owner keep the original contract while the tenant keeps a copy of the same


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Name : Mahesh Joshi

Law Firm Name : J B & ASSOCIATES -SOLICITORS & ADVOCATES

Country : India

City : Kolkata

State : WEST BENGAL

Practicing Since: 1983

About Your Firm : We are expertise in the field of litigation and non-litigation matters related to Infrastructure Industries, Real Estate Industries, Cement Industry, Power Industry, Steel Industries,. Handling matters related to Supreme Court, High Courts and District Courts of Calcutta , Delhi, Jharkhand, Mumbai, Nagpur, Guwahati, Shillong, Hyderabad, Madras, Allahabad, Lucknow, Jodhpur, Jaipur, Punjab and Haryana etc. Specialised in the matter related to DRT, DRAT, Consumer Forum, National Consumer Forum, 138 of the Negotiable Act, Arbitration and Conciliation matter, Industrial and labour disputes. All types of documentation and registration process including due diligence related to Real Estate.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
KAJAL KUMAR DUTTA BAR COUNCIL OF WEST BENGAL
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State
RUPA JOSHI BAR COUNCIL OF WEST BENGAL

 

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