The House Contract Agreement is a fundamental legal document used in Pakistan's real estate sector to formalize residential property rental arrangements. This document is essential when any residential property is being rented or leased, whether it's an apartment, house, or other residential unit. The agreement must comply with various Pakistani laws, including the Transfer of Property Act 1882, Registration Act 1908, and relevant provincial rental laws. It typically includes detailed terms about rent, security deposits, maintenance obligations, and duration of tenancy, while also incorporating specific requirements of Pakistani property law such as witness signatures and proper stamping. The document serves as a crucial protection for both landlords and tenants, providing clear documentation of their rights and responsibilities, and can be enforced in Pakistani courts if disputes arise.
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1. Parties: Identification and details of the landlord/owner and tenant, including full legal names, CNICs, and contact information
2. Background: Brief context about the property and the intention to create a rental/lease agreement
3. Definitions: Key terms used throughout the agreement including 'Property', 'Term', 'Rent', 'Security Deposit', etc.
4. Property Details: Complete description of the property including address, size, number of rooms, and any included fixtures/fittings
5. Term and Possession: Duration of the agreement, commencement date, and conditions for possession
6. Rent and Payment Terms: Rental amount, payment schedule, method of payment, and late payment penalties
7. Security Deposit: Amount, terms of holding, and conditions for refund of the security deposit
8. Utilities and Maintenance: Responsibility for utility payments and property maintenance obligations
9. Use of Property: Permitted uses of the property and any restrictions
10. Obligations of the Parties: Specific responsibilities of both landlord and tenant
11. Termination: Conditions and process for ending the agreement
12. Governing Law: Specification that Pakistani law governs the agreement
13. Signatures: Execution clause and space for signatures of parties and witnesses
1. Subletting: Include when subletting might be permitted under specific conditions
2. Renovations and Alterations: Include when the tenant may need to make changes to the property
3. Insurance: Include when specific insurance requirements are needed for either party
4. Force Majeure: Include when protection against unforeseen circumstances is required
5. Pet Clause: Include when pets are allowed or specifically prohibited
6. Parking: Include when parking spaces are part of the agreement
7. Common Areas: Include for properties in apartment buildings or shared complexes
8. Guest Policy: Include when there are specific restrictions on overnight guests or visitors
1. Schedule 1 - Inventory List: Detailed list of all fixtures, fittings, and furniture included in 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: Specific rules and regulations for the property if applicable
4. Schedule 4 - Maintenance Schedule: Regular maintenance tasks and their frequency if applicable
5. Appendix A - Floor Plan: Layout of the property with measurements
6. Appendix B - Photographs: Documentary evidence of property condition at start of tenancy
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