Uploaded on Sep 22, 2024
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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