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Rent To Rent Management Contract Template for India

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Key Requirements PROMPT example:

Rent To Rent Management Contract

"I need a Rent to Rent Management Contract for a 20-unit residential apartment building in Mumbai, with a guaranteed monthly rent of ₹500,000, starting from March 1, 2025, with additional provisions for student housing during academic terms."

Document background
The Rent To Rent Management Contract is a specialized agreement used in the Indian real estate market when a property owner wishes to delegate the entire management and rental of their property to a professional management company. This arrangement allows the management company to lease the property from the owner for a guaranteed monthly rent, while gaining the right to sub-let it to tenants at market rates. The document is particularly relevant in urban areas where professional property management is in high demand. It must comply with Indian property laws, including the Transfer of Property Act, 1882, state-specific rent control acts, and the Real Estate (Regulation and Development) Act, 2016. The contract typically includes comprehensive provisions for property maintenance, financial terms, tenant management, and risk allocation between parties.
Suggested Sections

1. Parties: Identification of the Property Owner and the Management Company, including full legal names, addresses, and registration details

2. Background: Context of the agreement, including property details and the purpose of the rent-to-rent arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. Term and Renewal: Duration of the agreement, commencement date, and renewal terms

5. Management Company's Rights: Rights granted to the management company, including sub-letting and property access

6. Management Company's Obligations: Core responsibilities including maintenance, tenant management, and reporting

7. Property Owner's Obligations: Responsibilities of the property owner, including insurance and structural maintenance

8. Financial Terms: Guaranteed rent amount, payment terms, management fees, and deposit arrangements

9. Property Maintenance and Repairs: Allocation of maintenance responsibilities and repair procedures

10. Insurance Requirements: Mandatory insurance coverage for both parties

11. Termination: Conditions and procedures for early termination

12. Dispute Resolution: Process for handling disputes between parties

13. Governing Law: Specification of Indian law and jurisdiction

14. Notices: Communication protocols and official notice requirements

Optional Sections

1. Utilities Management: Used when the management company takes responsibility for utility accounts and payments

2. Property Improvements: Include when allowing the management company to make improvements or modifications

3. Marketing and Advertising: Detailed section when specific marketing requirements or restrictions apply

4. Emergency Procedures: Include for properties requiring specific emergency response protocols

5. Staff and Contractors: When the management company will employ on-site staff or regular contractors

6. Environmental Compliance: For properties requiring specific environmental management

7. Special Use Provisions: For properties with specific use restrictions or requirements

8. Force Majeure: Detailed provisions for handling unforeseen circumstances

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of the property, including floor plans and photographs

2. Schedule 2 - Inventory: Comprehensive list of furniture, fixtures, and equipment included

3. Schedule 3 - Guaranteed Rent and Payment Terms: Detailed breakdown of financial arrangements and payment schedules

4. Schedule 4 - Maintenance Schedule: Regular maintenance tasks and responsibilities

5. Schedule 5 - Reporting Requirements: Templates and schedules for required reports

6. Appendix A - Condition Report: Initial property condition assessment and photographs

7. Appendix B - Approved Contractor List: Pre-approved contractors for maintenance and repairs

8. Appendix C - Operating Procedures: Standard operating procedures for property management

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
















































Clauses







































Relevant Industries

Real Estate

Property Management

Hospitality

Student Housing

Corporate Housing

Residential Property

Commercial Property

Short-term Rentals

Serviced Apartments

Relevant Teams

Legal

Property Management

Operations

Asset Management

Compliance

Contract Administration

Business Development

Facilities Management

Real Estate

Risk Management

Relevant Roles

Property Manager

Real Estate Manager

Legal Counsel

Property Owner

Asset Manager

Operations Manager

Facility Manager

Real Estate Agent

Property Management Director

Compliance Officer

Contract Administrator

Business Development Manager

Portfolio Manager

Leasing Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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