Lease / Rent Agreement (Tenancy Contract)
A legally binding contract between a Landlord and Tenant outlining the terms of property rental.
It is mandatory by law to register your tenant with the local Police Station or via the Online App.
Visit Punjab Police Portal11-Month Rule
Most rent agreements are made for 11 months to avoid the complex registration process required for leases of 1 year or more.
Security Deposit
Usually equal to 2 or 3 months' rent. This is refundable at the time of vacating the property, subject to damage deductions.
Draft Template
Copy the text below and print it on a Stamp Paper (usually Rs. 1200 value).
This Tenancy Agreement is made at [City] on this [Day] day of [Month, Year].
BETWEEN
[Name of Landlord], S/o [Father's Name], CNIC No. [00000-0000000-0], Resident of [Address] (hereinafter called the LANDLORD).
AND
[Name of Tenant], S/o [Father's Name], CNIC No. [00000-0000000-0], Resident of [Address] (hereinafter called the TENANT).
WHEREAS the Landlord is the owner of the property bearing No. [House/Flat Number], situated at [Address] (hereinafter called the "Premises"), and has agreed to let out the same to the Tenant on the following terms:
- Period: The tenancy shall be for a period of 11 Months, commencing from [Start Date] to [End Date].
- Rent: The monthly rent is fixed at Rs. [Amount], payable in advance by the 5th of every month.
- Security Deposit: The Tenant has paid Rs. [Amount] as refundable security deposit.
- Utilities: The Tenant shall pay all electricity, gas, and water bills separately.
- Maintenance: The Tenant shall keep the premises in good condition. Major structural repairs are the Landlord's responsibility; minor repairs are the Tenant's.
- Notice: Either party can terminate this agreement by giving One Month's Notice in writing.
- Usage: The premises shall be used for Residential purposes only and no illegal activity shall be conducted.
IN WITNESS WHEREOF, the parties have signed this agreement on the date mentioned above.
LANDLORD
CNIC: [00000-0000000-0]
TENANT
CNIC: [00000-0000000-0]
1. _______________________ (Name & CNIC)
2. _______________________ (Name & CNIC)