Kaagazaat

Maintenance Agreement between Builder and Buyer

At a glance

Price: Free, always.
Stamp duty: A private agreement, not a conveyance.
Registration: Not compulsory.
Witnesses: Two witnesses are good practice, not a legal requirement.

Free

Free, always.

Free: up to 5 documents a day.

Guided questions, full draft on screen, download in Word.

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Also called

builder maintenance agreement
interim maintenance agreement
maintenance agreement with developer
builder CAM agreement residential
common area maintenance builder flat
maintenance deposit agreement
रखरखाव अनुबंध बिल्डर
ਰੱਖ-ਰਖਾਅ ਇਕਰਾਰਨਾਮਾ ਬਿਲਡਰ

When you need it

After possession the builder or its maintenance agency often runs the lifts, water, security, sweeping and common lighting until the residents' association is formed and takes over. This agreement records, between the builder and one buyer, what services are covered, the charge, when it is due, the interest for late payment, any security deposit or corpus fund and where it is kept, how the charge may be revised, and when the builder will hand over management to the association.

Charges should reflect the real cost of the services, and the accounts should be open to the residents. The real estate law and the Punjab apartment law deal with maintenance and with handing common areas to the association, so check them before settling the terms. Not for a residents' association's own agreement with a resident — use the RWA Maintenance Agreement (Residential). Not for a commercial unit — use the Common Area Maintenance (CAM) Agreement (Commercial Premises).

Whether you can fill this in here

You can fill this in here

You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

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See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

A private agreement, not a conveyance. It falls, if at all, under the residual agreement entry, Article 5 of Schedule 1-A, commonly a modest fixed figure; confirm the current one with an e-stamp vendor or the Sub-Registrar before buying paper. This agreement prints no figure.

Registration

Not compulsory. It creates no interest in immovable property and is not a lease, so section 17 of the Registration Act, 1908 does not reach it.

Notarisation

Not required.

Witnesses

Two witnesses are good practice, not a legal requirement.

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Sample preview — placeholder answers, not your data

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MAINTENANCE AGREEMENT BETWEEN BUILDER AND BUYER

This Agreement is made on 1 April 2026 at Panchkula

BETWEEN

ABC Developers Private Limited, of SCO 10, Sector 17, Chandigarh (the "Builder"),

AND

Aarav Sharma, of House No. 211, Sector 21, Panchkula (the "Buyer").

1. The Buyer owns Flat No. 304, Tower B, 1,050 sq ft carpet area in the Builder's project Green Park Heights. Until the residents' association takes over, the Builder will look after the common services of the project on the terms below.

2. The services covered by the maintenance charge are:

Lift operation, water supply and pumps, sweeping and cleaning of common areas, security, common lighting, generator backup for common areas, garden upkeep.

3. The Buyer shall pay a maintenance charge of ₹3,500 (Rupees Three Thousand Five Hundred only), payable monthly, by the 10th of the month. The charge shall be spent only on the services in clause 2 and shall reflect their actual cost.

4. If a payment is late, the Buyer shall pay interest at a simple interest rate agreed in writing by both sides, after the Builder has given a written reminder.

5. The Buyer has paid a security deposit or corpus fund of ₹25,000 (Rupees Twenty Five Thousand only). The Builder shall keep it in a separate account, use it only as the agreement for sale and the law allow, and hand the balance to the residents' association when it takes over.

6. The Builder shall keep proper accounts of what is collected and spent and shall let the Buyer, or the residents on request, see them. The charge may be revised only after written notice to the Buyer and on the basis of the actual cost of the services.

7. Within 3 months of the residents' association being formed, the Builder shall hand over the management of the common services, the accounts, the unspent deposits and the project documents to it, as the real estate law and the apartment law require. This Agreement ends on that handover.

8. Nothing in this Agreement reduces the Builder's duties under the agreement for sale and the law, including repair of defects. Any dispute may be taken to the courts at S.A.S. Nagar (Mohali) or to the Real Estate Regulatory Authority, as the law allows.

Signed by the parties on the date written above.

Signature: ______________________________
BUILDER: ABC Developers Private Limited

Signature: ______________________________
BUYER: Aarav Sharma

Witness 1: ______________________________ Name and address: ______________________________
Witness 2: ______________________________ Name and address: ______________________________

Questions about this document

Does the Maintenance Agreement between Builder and Buyer need stamp paper or stamp duty in Punjab and Chandigarh?

A private agreement, not a conveyance.

See the full position on stamp duty, registration and witnesses

Does the Maintenance Agreement between Builder and Buyer need registration in Punjab and Chandigarh?

Not compulsory.

See the full position on stamp duty, registration and witnesses

What does the Maintenance Agreement between Builder and Buyer cost on Kaagazaat?

Free, always.

Does the Maintenance Agreement between Builder and Buyer need witnesses?

Two witnesses are good practice, not a legal requirement.

See the full position on stamp duty, registration and witnesses

Often needed with this document

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