MoneyRadar

Getting started

Rent agreement tips for Gen Z: clauses that save your deposit

What to put in a rental or PG agreement in India — deposit, notice, lock-in, guests, and deductions — before you UPI the broker.

7 min read · Updated 4 July 2026

Verbal “we are nice owners” is not a contract. If it is not written, it will not exist on move-out day.

  • Deposit amount and refund timeline.
  • Notice period and lock-in penalties.
  • Exact list of allowed deductions.
  • Who pays maintenance, society fees, Wi-Fi.
  • Inventory list with photos attached.

Common questions

What must be in a rent agreement?
Deposit, refund rules, notice period, allowed deductions, and who pays maintenance — plus photos of the inventory.

Try it yourself

Keep reading

General education, not personalised financial advice. Rules and rates change — verify the current position before you act.