Houses Rental Agreement Service

In today’s world, gaining and retaining mutual trust is tricky. It is necessary to secure property legally with the help of the rental agreement services. Regardless of the party, to which you belong – a landlord of a property, or a tenant planning to rent a house, the owner, a rental agreement is always imperative. It should comprise all the important terms involving both parties. In Particular, a rental agreement must be free from any mistakes as it is designed in the interests of both tenants and landlords. And, in the scenario of dispute, it should be used as the collaborative point of evidence by the parties.

A rental agreement in India is an essential legal document for both the tenant and landlord in order to protect its interest in case of a legal dispute. Hence, the rental agreement template must be error-free that contains essential specifics and important clauses on the property with all content details. You can create a rent agreement by using custom designs and ready-made templates at your convenience.

We draft a rental agreement format on the e-stamp paper and ship documents to the doorstep.

What is The Rental Agreement?

The legal agreement is between the tenant and a landlord of a property looking forward to renting a property for a fixed period. Our rental agreement services offers complete service for the rental agreement or contract is written on the stamp paper that includes information, as follows –

• Name of owner
• Name of tenant
• Details of property
• The rent amount includes a grace period and date of payment
• Term of agreement
• Mode of rent payment
• Charges of water, electricity, and maintenance
• Scenarios of termination before expire
• Sum of the security deposit with related terms & conditions
• Procedure to handle emergency requests
• Related regulations and rules
• Format of Rental Agreement downloaded.

Different Types of Rent Agreements

The following are two types of rental agreement registration in India:

Lease Agreement – A lease agreement is a contract or an agreement that gives exclusive possession of the property to the tenant for a predefined period. This agreement gives the power to the tenant in order to make changes to the property unless it is specified.

Leave and License Agreement – Under rental agreement in India, the property possession and the legal ownership remain TO THE licensor. In other words. In this agreement, a tenant does not have control over the property.

Important Things to Check and Include in A Rental Agreement?

• Details of parties that are involved in the rental agreement.
• Monthly rent amount details along with a deposit of the security and maintenance charges.
• Right of the landlord to enter into the property.
• Permission for pets.
• Evacuation of the tenant in case of illegal activities and disruptive behavior.
• Rental agreement format involves terms of the tenancy.
• Clauses for agreement renewal.
• Penalty if rent gets delayed, etc.

Why is Registration of Rental Agreement Important?

A Registered Rental Agreement can be defined as the legal document in which the terms of the rental agreement are set out for the person to use someone’s property for a specified time. It is the contract or agreement between the renter and owner for property leased out by the owner to the renter and their interest in the agreement is safeguarded to enter into the rental agreement registration.

The Controller of Stamps or Inspector General of Registration (IGRS Department), is providing service of Registration of License and Leave / Rental Agreement to citizens through Authorized Service Provider (ASP) and Registrar offices delivering service through the online from Government of Maharashtra portal, Department of Registration & Stamps.

Our rental agreement services also provide e-Registration that is the new facility introduced by the Department of Registration & Stamps that enables you to register a Rental agreement without visiting the Sub Registrar or Registrar’s office. Signatures are captured by using a biometric device that is verified by using the Aadhaar database.