Home |Frequently asked questions Frequently asked questions on "Rental Agreement" Recent Popular What is the difference between a Rental agreement and Lease agreement? Lease agreements A lease agreement is an accord where the tenant is given the right to live in a dwelling for a definite time-frame (often for 12 months). The stretch of the tenure may vary depending… 1 26 32 What are the repercussions of prepping a rental agreement extending 11-months? Monetary impact This will make both parties pay stamp duty and registration charges additionally. In consonance with Section 17 of the Registration Act, 1908, it becomes necessary to register the rent… 1 29 42 What is the procedure for the registration of Rent Agreement in Noida? The route to register your rental agreement (of more than one year term) is quite easy. Let's go through it step-by-step: To begin with, you need to outline a rent agreement with preferred clauses stating… 1 36 47 What are the things to keep in mind if you are planning to put up a rental agreement for your house/flat/commercial land for the first time? 1. The objective Principally, you would have to be clear in your head regarding what do you want your property to rent out for i.e. for commercial or for the residential purpose. If the goal is to put… 1 27 33 How to claim tax exemption on HRA? You can claim for Tax exemption on HRA by either submitting the rent agreement or rent receipts to your employer or by not submitting it. i) When the submission of the rent agreement and the rent receipts… 1 25 24 What is a stamp duty ? Stamp duty is a tax, similar to income tax, collected by the government.. Delay in the payment of stamp duty leads to penalty charges. A stamp duty paid instrument / document is considered… 1 299 433 How many days does it take for the Rental Agreement to get registered? Once submitting all the documents it takes 1-2 working days for the document to get registered. 1 295 367 Can I rent without rental agreement ? There needs to be a legally valid documentation of the terms and conditions of any rental agreement. The lease agreement or rent agreement needs to be in a specific format as per certain conventions and… 1 270 474 Can I create a backdated rent agreement? You cannot back date a agreement on stamp paper of todays date. that would just make the agreement void. 1 265 443 How many witnesses are required for Rent Agreement Process ? Two witnesses are required during rent Agreement process and both witnesses should have PAN number and Aadhaar card available at the time of execution 1 264 386
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