ਆਪਣੀ ਜਾਣਕਾਰੀ ਭਰੋ

LETTER OF INTENT TO LEASE A HOME

Premises: __________

1. 1. Proposed parties

Landlord: __________, of __________. Tenant: __________, of __________.

1. 2. Commercial proposal

1. 3. Status of this letter

If the final instrument grants a lease for a term exceeding one year, registration is compulsory under section 17(1)(d) of the Registration Act, 1908. The final registered instrument, not this letter, should contain the complete possession, default, repair, subletting, access, termination and handover regime.

1. 4. Costs and documentation

1. 5. Expiry

PERSONAL DATA NOTICE

This notice is given under the Digital Personal Data Protection Act, 2023. Personal data appearing in this document is collected for the specific purpose of evaluate and negotiate the proposed residential letting and prepare the final tenancy documentation, communicating about it, and maintaining the resulting legal or operational record. The data may be shown to the owner, tenant, authorised property manager or consultant involved in the transaction, and to a verification or professional service provider specifically instructed for that purpose.

If the transaction does not proceed, application-stage personal data will be retained for 90 days from the decision or withdrawal. If the transaction proceeds, the document record will be retained for the term of the tenancy or transaction, plus 12 months. Data collected only to verify identity at one moment should be destroyed after verification, retaining only the fact and date of verification.

Data minimisation: this document does not require a full Aadhaar number to be printed in shared prose. Where Aadhaar-based identity is offered in a KYC context, a masked Aadhaar should be accepted together with an alternative identity route such as passport, driving licence or voter identity card. PAN, bank-account and salary details are collected only where the purpose of the particular document genuinely requires them.

1. 6. Signatures