- Important Clauses for a Rental Agreement – Bangalore Furnished Office
Renting a commercial or residential space requires a well-structured rental agreement to
ensure a smooth and hassle-free experience for both the landlord and the tenant. At
Bangalore Furnished Office, we understand the significance of a legally sound agreement.
Here are the key clauses every rental agreement should include:
1. Parties Involved
The agreement must clearly mention the landlord’s and tenant’s full names along with their
contact details to avoid future disputes.
2. Property Details
Include the exact address of the rented space, along with details of the furnishings, facilities,
and amenities included in the lease.
3. Rent & Payment Terms
Define the monthly rent amount, payment due date, preferred mode of payment (bank
transfer, cheque, UPI, etc.), and any late payment penalties.
4. Security Deposit
The agreement should specify the security deposit amount, refund terms, and possible
deductions (such as damages, unpaid bills, or outstanding rent).
5. Lease Duration & Renewal
Clearly mention the start and end date of the lease (e.g., 11 months, 3 years, etc.). Include
terms for renewal, escalation of rent, and procedures for extending the agreement.
6. Maintenance & Repairs
Define who is responsible for regular maintenance and repairs—whether it’s the landlord or
the tenant. This includes electrical work, plumbing, and furniture upkeep.
7. Utility & Service Charges
State whether the tenant or landlord will pay for electricity, water, internet, housekeeping,
and other maintenance charges.
8. Usage of the Property
Specify the permitted business activities if it’s a commercial lease. Residential leases should
include restrictions on subletting, co-living, or running a business from home.
9. Lock-in Period & Termination Clause
Some leases include a lock-in period (minimum stay before terminating the agreement). The
notice period for termination (typically 1-3 months) and any penalties for early termination
should also be mentioned.
10. Restrictions & Compliance
The agreement should outline any restrictions on alterations, noise levels, smoking, pet
policy, and adherence to government regulations and building rules.
11. Dispute Resolution
Define how disputes will be resolved—whether through arbitration, legal proceedings, or
mediation—and specify the jurisdiction for legal matters.
Conclusion
A well-drafted rental agreement is essential for a transparent and smooth rental experience.
At Bangalore Furnished Office, we ensure that all legal aspects are covered so that both
landlords and tenants have complete peace of mind.
Need a reliable office space in Bangalore? Get in touch with us today for premium furnished
office rentals!
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