FINAL SETTLEMENT OF ACCOUNTS ON A TENANCY
Settlement date: __________
The parties settle accounts arising from __________ for __________, commencing __________ and ending __________. Landlord: __________. Tenant: __________.
Rent balance: __________. Utilities: __________.
Deposit held: __________. Deposit refund due: __________.
Net settlement: __________; direction: __________. Payment status: __________.
Possession/keys: __________.
Release: __________.
A full-and-final release takes effect only according to the selected wording and, where payment is still pending, only after the required settlement payment clears.
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023. Personal data in this document is collected only to record, perform and evidence the final financial and possession settlement of the tenancy, communicate about that purpose, verify the information expressly supplied, and retain an evidentiary record.
The record will be held by __________ and may be shown only to the landlord, tenant, authorised property manager or property consultant involved in the tenancy, a bank/payment service provider where settlement requires payment, a society or utility provider where final handover requires closure, and a statutory authority where disclosure is required for the transaction recorded here.
If this transaction does not proceed, or this document is withdrawn before it takes effect, the personal data will be retained for 90 days from that decision and then erased. If it proceeds, the record will be retained for the term of the tenancy or transaction plus 12 months and then erased, except for a record that a statute requires to be kept for a longer named period.
A person named in this document may withdraw consent for future consent-based processing, request correction or erasure when the stated purpose has ended, or raise a grievance by writing to __________. The record-holder should acknowledge and respond within 30 days.
Data minimisation: this document deliberately does not require a full Aadhaar number, Aadhaar-card copy, PAN, bank-account credentials, passwords or unrelated identity material. Detailed identity verification belongs in the separate KYC process.
Personal-data instruction: __________.
EXECUTION
Landlord: __________
Tenant: __________
Record-holder: __________