MUMTAZSHUMSUDDIN ASSOCIATES
MUMTAZ SHUMSUDDIN
32 Years Exp
Room Rental Agreement (Show More)
Ernakulam , Ernakulam High Court
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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 : MUMTAZ SHUMSUDDIN
Law Firm Name : MUMTAZSHUMSUDDIN ASSOCIATES
Country : India
City : Ernakulam
State : KERALA
Practicing Since: 1993
About Your Firm : Legal firm headed by Advocate Mumtaz Shumsuddin . Specialized in Property matter , verification of title documents , documentation , registration etc , Expert in property , civil and banking Is the Panel lawyer of Major banks - viz - State Bank of India , Union Bank of India ,jammu & Kashmir Bank and is the legal advisor of various private limited companies and firms . Specialized in Banking with skill in SARFAESI issues . Equipped with expert machinaries and juniors and there are three branches in Kerala. Is the Lawyer of Supreme court of India also and the firm has International Recognition also . Sorted out several issues in the property matters and the firm has obtained various recognitions from the reputed areas
| Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
|---|---|---|
| Mumtaz Shumsuddin | K/599/1993 | K/599/1993 |
| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
| Alisha Aslam & Amina Ruby faizal |
Legal & Drafting
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