Dr. PVR Associates

 Dr. Potharaju Venkateswara Rao

 26 Years Exp

 Office Sharing Agreement (Show More)

 Krishna , Avanigadda

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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 : Dr. Potharaju Venkateswara Rao

Law Firm Name : Dr. PVR Associates

Country : India

City : Krishna

State : ANDHRA PRADESH

Practicing Since: 1999

About Your Firm : Dealing all types of cases. Specilised in NI Act, property laws and land acquisition etc.,

Manpower/Employee Details

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  Agreements/Deeds(Bulk) ( Construction Agreement )
  Land Sourcing ( Apartment/Builder Floor )
  Procure Specific Property Document(s) ( Cerified copy of sale deed )
  Agreements/Deeds(Bulk) ( Sale Deed )
  Packages ( Apartment/Builder Floor )
  Land Sourcing ( Residential Layout )
  Procure Specific Property Document(s) ( Certified copy of revenue document )
  Project Approvals ( Apartment/Builder Floor )
  Packages ( Residential Layout )
  Land Sourcing ( Villa Project )
  Procure Specific Property Document(s) ( Certified copy of registered GPA/SPA )
  Project Approvals ( Residential Layout )
  Packages ( Villa Project )
  Land Sourcing ( Commercial complex )
  Procure Specific Property Document(s) ( Certified copy of registered documents )
  Project Approvals ( Villa Project )
  Packages ( Commercial complex )
  Procure Specific Property Document(s) ( Encumbrance Certificate )
  Procure Specific Property Document(s) ( Occupancy Certificate )
  Project Approvals ( Commercial complex )
  Legal Opinion/Title Certification ( Apartment/Builder Floor )
  Procure Specific Property Document(s) ( Khata / Khata Extract )
  Agreements/Deeds(Bulk) ( Memorandum of Understanding )
  Project Approvals ( Conversion of Land )
  Legal Opinion/Title Certification ( Residential Layout )
  Procure Specific Property Document(s) ( Khata Certificate/Transfer )
  Agreements/Deeds(Bulk) ( Joint Development Agreement )
  CREDAI Registration ( CREDAI Registration Assistance )
  Legal Opinion/Title Certification ( Villa Project )
  Procure Specific Property Document(s) ( Property Tax Paid Receipt )
  Agreements/Deeds(Bulk) ( Agreement of Sale )
  Forming Owners Associations/Societies ( Apartments )
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 NRI Services

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  Residential Property Management ( Independent/Builder Floor )
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  Residential Property Management ( Farm House )
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  NRI Property Management ( Tenant Management )
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  NRI Property Management ( Rental Assistance )
  Residential Property Management ( Property Monitoring )
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  NRI Property Management ( Property Monitoring )
  Residential Property Management ( House Construction )
  Residential Property Management ( Property Bill Payments )
  Commercial Property Management ( Commercial Lands and Plots )
  NRI Property Management ( Property Rent & Leasing Management )
  Residential Property Management ( Interior Design )

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