Traditional rental agreements are paper-based, prone to manipulation, and hard to enforce. With blockchain, lease terms are encoded into smart contracts, enabling trustless execution of rent payments, deposit handling, and termination logic without intermediaries.
Design a smart contract system where landlords and tenants enter rental agreements. The contract automatically manages monthly rent transfers, holds security deposits, tracks late fees, and ends the lease based on predefined conditions or dates.
Define rent amount, frequency, deposit amount, and lease duration with auto-enforced terms.
Use wallet authorizations to deduct rent on due dates and transfer to landlord’s address.
Contract holds deposits securely and releases based on contract completion or dispute outcomes.
Keep a tamper-proof record of payment history, disputes, and termination for legal transparency.
Landlords deploy a rental contract specifying all lease details. Tenants connect their wallet to agree and deposit funds. The contract auto-deducts monthly rent, stores logs, and enforces penalties for late payments or early termination. Optional IPFS storage can hold digital versions of ID proofs or lease terms.
Ethereum or Polygon for secure and cost-effective lease execution
Solidity for lease terms, payment tracking, and dispute handling
React.js + Web3.js or Ethers.js for wallet connections and status panels
Chainlink Keepers for monthly rent deduction and lease expiry triggers
Allow dynamic input of lease terms, tenant wallet binding, and rent timelines.
Hold security deposit in escrow and enable periodic rent transfer from tenant wallet.
Provide interfaces for viewing status, paying rent, terminating contract, or raising disputes.
Use Chainlink Keepers or time-based triggers to auto-execute rent due or lease end.
Simulate full rental cycles including early termination, delayed payment, and clean handover.
Automate rent, eliminate disputes, and ensure legal clarity for every lease with decentralized contracts.
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