Rent agreement for Room shared apartment
I, along with three other persons (all male and single), will be taking a four bedroom apartment at Gachibowli, Hyderabad, on rent. Each one of us will be using one bedroom with attached bath. The kitchen and the Living area will be common. Rent and other related expenses will be shared equally by all of us.
We need to make a rent agreement with the Landlord. we will also need rent receipt (one fourth of total rent) in the name of each one of us. Also during the validity of the rent agreement, it is possible that one person leaves and another new person joins us in place of the person leaving.
My question is:
1. Is it possible to make a rent agreement with the Landlord meeting above requirements?
2. Where can I get one sample rent agreement?
Thanks.
Asked 7 years ago in Property Law
Religion: Hindu
As an alternative, can the rent agreement be made between the Landlord and one Principal Tenant representing all the four persons sharing the apartment and a separate room sharing agreement between the Principal Tenant and three other persons sharing the apartment? Will this be legally valid?
Asked 7 years ago