Real estate · medio
Residential Lease Agreement
This residential lease agreement template is designed for use in Paraguay, with formal structure, party appearance and editable clauses. You can adapt it online before generating a professional PDF.
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RESIDENTIAL LEASE AGREEMENT
In the city of Asunción, Republic of Paraguay, on [Date: e.g. 05/02/2026], appears on one side [Party A name: e.g. Juan Pérez], holder of ID No. [Party A ID: e.g. 1,234,567], domiciled at [Party A address: e.g. Asunción], hereinafter "PARTY A"; and on the other side [Party B name: e.g. María González], holder of ID/Tax ID No. [Party B ID/Tax ID: e.g. 80012345-6], domiciled at [Party B address: e.g. San Lorenzo], hereinafter "PARTY B". The parties state that they have sufficient capacity to bind themselves and agree to execute this private instrument, subject to the following clauses:
FIRST: PURPOSE
PARTY A and PARTY B agree to the temporary grant of peaceful use and enjoyment of the property intended exclusively for family housing, located at [Property address: e.g. Avda. España 123, Asunción]. This agreement shall be interpreted in good faith, according to its economic purpose and prudent Paraguayan legal practice.
SECOND: PRICE AND PAYMENT METHOD
As consideration, price, rent, contribution or economic acknowledgment, according to the nature of the act, the parties establish [Monthly rent: e.g. Gs. 2,500,000 (two million five hundred thousand guaraníes)], payable from day [Payment day: e.g. 1] to [Deadline: e.g. 10] of each month. Every payment must be documented by receipt, bank voucher or sufficient written record.
THIRD: TERM
The term or effectiveness shall be [Term: e.g. 12 months], starting on [Start date: e.g. 05/02/2026] and ending on [End date: e.g. 05/01/2027]. Any extension, suspension or amendment must be made in writing and physically or digitally signed by the parties.
FOURTH: OBLIGATIONS OF THE PARTIES
- The LANDLORD shall deliver the property in habitable condition, with electrical and sanitary installations in normal operation.
- The TENANT shall pay rent on time, care for the property diligently and shall not change its use without written authorization.
- Electricity, water, ordinary use charges and common expenses, if any, shall be paid by the TENANT from effective delivery.
FIFTH: REPRESENTATIONS AND WARRANTIES
The parties declare that the stated information is true, that they act without fraud, mistake, violence or intimidation, and that they know the legal and economic scope of the obligations assumed. Total or partial sublease is prohibited without the LANDLORD prior written consent.
SIXTH: BREACH
Serious breach, unjustified default or lack of essential cooperation shall entitle the performing party to request performance, termination or compensation that may correspond, after notice by reliable means when the nature of the obligation permits it.
SEVENTH: ADDRESSES AND NOTICES
For all purposes of this agreement, the parties establish as special addresses those indicated in the appearance section, where written communications, emails and notices related to performance of the agreement shall be valid.
EIGHTH: JURISDICTION
For any dispute arising from this instrument, the parties shall seek an amicable solution. If disagreement persists, they submit to the competent ordinary courts of the Republic of Paraguay, without prejudice to mandatory rules applicable by subject matter or territory.
NINTH: ACCEPTANCE
Having read this document and as evidence of agreement, the parties sign two counterparts of the same tenor and for one single effect, at the place and date indicated above.
PARTY A signature: ___________________________
PARTY B signature: ___________________________