The Tenancy Agreement Form is a crucial legal document used in Pakistan when a property owner (landlord) wishes to rent out their property to a tenant. This document serves as the primary contract governing the landlord-tenant relationship and is essential for both residential and commercial property rentals. The agreement must comply with Pakistani legal requirements, particularly the Transfer of Property Act 1882 and provincial Rent Restriction Ordinances. It typically includes detailed terms about rent, security deposits, maintenance responsibilities, utilities, and other key aspects of the tenancy relationship. This document is vital for protecting both parties' rights and preventing future disputes by clearly documenting all agreed terms and conditions.
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1. Parties: Identifies and provides full details of the landlord and tenant, including their legal names, addresses, and National ID numbers
2. Background: Brief context about the property and the intention to create a tenancy relationship
3. Definitions: Defines key terms used throughout the agreement including 'Property', 'Term', 'Rent', 'Security Deposit', etc.
4. Property Details: Detailed description of the rented property including address and specific inclusions/exclusions
5. Term: Duration of the tenancy, including start and end dates, and any renewal provisions
6. Rent and Payment Terms: Amount of rent, payment schedule, method of payment, and late payment consequences
7. Security Deposit: Amount of security deposit, terms of holding, and conditions for refund
8. Utilities and Maintenance: Responsibility for utilities, maintenance obligations of both parties
9. Use of Property: Permitted use of the property and any restrictions
10. Tenant Obligations: Key responsibilities and obligations of the tenant
11. Landlord Obligations: Key responsibilities and obligations of the landlord
12. Termination: Conditions and process for early termination by either party
13. Governing Law: Specification that Pakistani law governs the agreement
14. Signatures: Execution block for all parties and witnesses
1. Subletting: Include when subletting might be permitted under specific conditions
2. Pets: Include when there are specific policies regarding keeping pets in the property
3. Alterations and Improvements: Include when tenant may be allowed to make changes to the property
4. Insurance: Include when specific insurance requirements are imposed on either party
5. Force Majeure: Include when parties want to address unforeseen circumstances
6. Parking: Include when parking spaces are part of the tenancy
7. Common Areas: Include for properties in apartment buildings or shared complexes
1. Schedule 1 - Inventory: Detailed list of furniture, fixtures, and fittings provided with the property
2. Schedule 2 - Property Condition Report: Detailed description of the property's condition at the start of tenancy
3. Schedule 3 - House Rules: If applicable, specific rules for the property or building
4. Schedule 4 - Utility Meters: Initial meter readings for utilities at the start of tenancy
5. Appendix A - Floor Plan: Layout of the property including measurements
6. Appendix B - Photographs: Documentary evidence of property condition at start of tenancy
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