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A well-drafted lease agreement must include key clauses like Rent and Payment Terms, specifying rent amount, due dates, and late fees, and Security Deposit, detailing the amount, refund conditions, and possible deductions. The Lease Duration and Renewal clause outlines the lease term and renewal options, while Maintenance and Repairs clarifies responsibilities. Lastly, a Use of Premises clause ensures proper use of the property. Goel Ganga Developments incorporates these crucial clauses to ensure transparency and safeguard tenant-landlord relationships.
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Important Clauses To Include In A Lease Agreement.
Rent and Payment Terms Security Deposit Specify the rent amount, due date, and acceptable payment methods. Outline the security deposit amount, conditions for its return, and potential deductions.
Lease Duration and Renewal Maintenance and Repairs Clearly state the start and end date, along with renewal or termination conditions. Define responsibilities for repairs and maintenance between the landlord and tenant.
Use of Premises Indicate the approved use of the property and restrictions on activities or alterations.
Our Contact (+91) 9649487828 https://goelgangadevelopments.com/ sales@goelgangadevelopments.com GROUND FLOOR, SAN MAHU COMPLEX, 5 BUND GARDEN ROAD, PUNE CAMP, Pune, Maharashtra, 411001
