V&K Law

 Khyati Dhupar

 12 Years Exp

 Residential Lease Agreement (Show More)

 East Delhi , Baroda House

 View Answers by this Partner (0)

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Residential leases are contracts signed between owner of a property and a potential tenant who wishes to occupy the property for a period of more than eleven (11) months. Such leases are often very similar to typical short term rental agreements with a difference only duration or period of contract.

Residential leases signed for long periods of time often have clauses which are exactly the same as that of conventional rental deeds. The format followed too is pretty much the same. Some of the important clauses in a long term residential lease include-

    Duration of the contract
    Rent, security deposit and maintenance charges
    Consequences of breaching the contract
    Code of conduct expected from owner and tenant
    Method to be followed in case a dispute arises
    Conditions of contract renewal

Residential leases have to be drafted with care to make sure that future legal battles do not ensue between the owner and tenant. This means that the lease has to be comprehensive enough to leave no room for loopholes.

Whether you are an international retailer or an independent local seller, Retail Spaces Specially Mall Leasing can provide your business with the ideal solution to enhance your sales through leasing in Tier1 cities and also in upcoming cities and towns across the country.


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Name : Khyati Dhupar

Law Firm Name : V&K Law

Country : India

City : East Delhi

State : DELHI

Practicing Since: 2013

About Your Firm : We pride ourselves on providing personalized service by hand-holding clients in all their legal requirements through a practical, holistic and commercially viable approach. We work closely with each client to understand the needs of their business and thrive to provide quality legal solutions to their utmost satisfaction. We believe that the combination of our Firm's culture, experiences, alliances and the quality of our lawyers, allows us to offer a level of client service that makes us their legal confidante. Our team of lawyers hold the experience of working with big organizations in India as well as abroad. Our Clients range from various sectors including Steel & Mining, Infrastructure, FMCG, Media & Information, Shared Services, Event Management, Real Estate and Insurance and Financial Services.

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