49 Important "Rental Agreement” Questions and its Answers

My answer is very much relevant to Bangalore & Karnataka location, Yes, it is possible to get rental agreement if owner is in overseas, Below are few options to get, Option 1: POA Landlord shall…

വാടകക്കാരനെ ഒഴിപ്പുക്കന്നതിന് താങ്കൾക്ക് അനുകൂലമായ കോടതി ഉത്തരവ് വാങ്ങേണ്ടിവരും. സിവിൽ കേസുകൾ കൈകാര്യം ചെയ്യുന്ന ഒരു അഭിഭാഷകനെ കണ്ട് ആവശ്യമായ നിയമോപദേശം തേടുക.

Below is the step by step procedure to do an agreement with your house broker Step 1: Prepare a draft agreement in word format. A draft looks like the below image     Step 2: Buy Rs. 200 non-judicial…

My answer is very much relevant to Bangalore location, Yes, it is possible to get rental agreement if owner is in overseas, Below are few options to get, Option 1: POA Landlord shall give power of attorney…

Yes, a co-owner can do a rental agreement in the absence of another co-owner. Under the following circumstances Obtain “ General or special power of attorney” If in medical condition, attach…

Since you are maintaining landlord and tenant relationship with your partners, you can execute a rental agreement and save tax for rent paid to your parents Below is the step by step procedure to execute…

Yes Those who live with parents, can pay rent to their parents and save tax on HRA. HRA or house rent allowance is the most common allowance received by the salaried. Those who live in parents house can…

It is mandatory to register a rent agreement for a property in Maharashtra If property in Maharashtra and owner lives in Bangalore. Please write to us, we provide bio-metric verification in Bangalore.…

Maintenance cost is one of the important factor in a rental agreement. Details of maintenance cost should be mentioned in rental agreement to avoid later surprises or conflicts among tenant and owner.…

No, Should not do a rental agreement now for a house you stayed previously but can make an affidavit, stating that you stayed at a house as tenant for certain period of time, as proof. Addrsss in your…

There are few things must be careful about rental agreement. Rental cycle - Usually rental cycle must be 11 months. Agreement has to renew every 11 months. Lock-in period - Try to get rid of Lock-in period…

Legally, agreement belongs to purchaser. Purchaser should hold original agreement. Below image for your reference. For Karnataka / Bangalore: We offer service of customizing draft agreement + rent agreement…

Depends on duration of back-date Back dated rent agreement are easily found-able. Now the stamp paper generated electronically that is E-stamp paper. When we generate e-stamp paper, current year, date…

Either landlord or tenant can buy stamp paper. Legally, stamp paper belongs to purchaser. Purchase should hold the original stamp paper. Below image for your reference. If you wish to own an original…

Here are the systematic options to collect back full security deposit from landlord Be early and proactive: Before you vacate the property that is during the notice period. Talk to your landlord about…

Bangalore police is not accepting tenant verification due to overflow of immigrant into city. Police advise us to execute rental agreement with lawyer notary and collect government approved ID proofs…

Here are the few points to remember while drafting a rental agreement. Rental agreement made and execution date Landlord’s name, age, residential address and pan number Tenant’s name, age,…

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…

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…

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. 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…

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…

Rental agreement of the current financial year. A duty stamped rent receipt (monthly or quarterly). A rent receipt should have details like rent amount, signature, and name of your landlord along with…

1. You own a house but reside in a different city If you have a house but you are living in another city, you can resort to concurrent benefits of decrement obtainable for the home loan against the 'interest…

The Housing Rental Allowance exemption cannot be claimed if an individual is living in a self-owned house. If you are living with your parents, it is essential to generate rent receipt (in the name of…

The conditions that make you eligible for HRA exemption are: You are employed as a salaried professional (self-employed individuals cannot claim HRA) You are living in a rented house/flat Your rent amount…

Practically, every employer pays up the HRA (House Rent Allowance) to its employees as an element of their salaries. This way the employer offers support to its workforce in catering to their accommodation…

You should strictly refrain yourself from taking wrongful eviction steps like cutting off the elementary utilities like water or electricity or change the lock mechanism of the rented house or throw away…

You can subtly send a notice to the tenant regarding the eviction. To do so, first, you have to file an eviction notice in a court under the suitable jurisdiction stating why you want the property to…

The rental law in India empowers landlords to file an eviction suit against their tenants provided justified reasons and specific conditions. Some of these are: If the tenant intentionally fails to pay…

On the whole, every law and provision related to the tenants and landlords fall under the Rent Control Act of 1948 that was implemented by the Government of India to calibrate the rentals of real estates…

It totally depends on you. If you are looking for a short-term rental agreement with a hassle-free process and less cost, you can simply opt for an 11-month lease. On the contrary, if you are looking…

For rental agreements made for a tenancy period of 11 months or less, a stamp paper of Rs 100 or Rs 200 can be utilized. Along with this, a stamp duty i.e. equals the lesser of 1% of the total rent plus…

It is completely legal and valid to prepare a 11-month rent agreement in India. Such rental agreements are completely authentic and can also be present in the court as a piece of evidence. As a matter…

You can update address in Aadhaar card with rental agreement. There are three things that you need to keep in mind when you approach the UIDAI, whether online or offline, to make any change in your Aadhaar…

You can download rental agreement format from here. http://tesz.in/ApplicationForm/Ren..

Yes, you can make a rent agreement during the lease period, but make sure that the parties are trustworthy. It's it's always safe and better to get a rent agreement formed and registered before u move…

No, it's not mandatory to notarize a rent agreement.  It is a convention that is being followed by landowners to seal rental/lease agreements only for 11 months so as to avoid registration of the…

It is a convention that is being followed by landowners to seal rental/lease agreements only for 11 months so as to avoid registration of the agreement with the local competent authorities. Earlier rental…

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…

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…

You cannot back date a agreement on stamp paper of todays date. that would just make the agreement void.

If you are staying for less than 11 months, then it depends on the Rental Agreement you signed with the owner of your rented house. There might/will be a clause in the Agreement like you must stay for…

Once submitting all the documents it takes 1-2 working days for the document to get registered.

It is not mandatory to notarize a Rent Agreement. As long as it is printed on Stamp paper and is signed by both parties and by two witnesses, it is considered binding. However, if you wish to notarize…

Two witnesses are required during rent Agreement process and both witnesses should have PAN number and Aadhaar card available at the time of execution

It depends on the price of the stamp paper.

Step 1: Prepare draft agreement Step 2: Buy E-stamp paper from registered office or any of cooperative bank in Bangalore. Rs.100 E-stamp paper would be safe and best for Bangalore rental market.…