Home |Frequently asked questions Frequently asked questions on "Rental Agreement" Recent Popular How can I do an agreement with my house broker for selling my house? 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… 1 0 10 Is it possible to get a rental agreement done if the owner is overseas? 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… 1 0 29 Can a cowner do a rental agreement on the absence of an owner? 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… 1 0 55 How do I get a rental agreement when I'm paying rent to my parents? 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… 1 0 48 Can I have rent agreement in the name of my parents to avail tax benefit? 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… 1 0 307 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… 1 299 451 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. 1 295 544 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… 1 270 537 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. 1 265 935 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 1 264 431
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