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A Rental Agreement is a legal document which lays out the prescribed terms and conditions under which the rented property is leased out that is to be followed between the land lord and the tenant.

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Required for Rent Agreemeent

There are few requirements to be noted while drafting an Rent Agreement sample, they are mentioned below:

  • One Original Identity Proof of Owner and Tenant.
  • Two Passport Size Photographs of each-Owner and Tenant.
  • Two Witnesses with their Original Identity Proof.

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Get Your Rent Agreement in 4 Easy Steps

Rent Agreement

Step-1:
Draft a Rental Deed

Rent Agreement

Step-2:
Print in on Stamp Paper

Rent Agreement

Step-3:
Tenant and Landlord Signature

Rent Agreement

Step-4:
Register at the Sub-Registrar Office

Rent Agreement

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Few Terms and Conditions for Rent Agreement
  • Amount of the Rent – The total rent that the tenant has to pay to Owner.
  • Security Amount – One of the do's and don't while drafting the rental agreement is the Security Amount that the Owner asks the tenant to pay which is refundable when the tenant vacates the property or can be settled if any damages is done to the rented property.
  • Names of all Tenants – The Name of all the adult tenants should be included while drafting the Rental Agreement along with their signature on Agreement.This act will make each tenant to strictly follow the terms and condition set for the rented property.
  • Limit on Occupancy – There should be a limit set on occupancy that the residence will be use only by the tenants who are involved into the tenancy agreement and by their children. This will provide the surety to the owner about the usage of their property and will prevent the unwanted occupants from his property.
  • Duration Of Tenancy – It should be clearly stated in Agreement that what will be the duration of the Tenancy.
  • Repairs and Maintenance – It is always recommended to clearly set that what will be the Tenant’s role for the repairs and maintenance and what will be the Landlord’s role and also there should be a term of allowance of owner anytime for Maintenance or for any major repair within the rented property.
  • Water and Electricity Consumption Bill – It should be clearly stated in Agreement that the water and electricity bill should be paid by the tenant and if ask tenant needs to provide the receipt for the same.
  • Rent and Other Security Deposit – The Last but most important term for Agreement is that clearly stating the amount of Rent needs to pay every month and also penalty if the tenant fails to deposit the Rent on Time and also about the mode of accepting the rent/payment.

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What People Frequently Ask..

The registration of the rent agreement in Delhi is mandatory if the tenant intends to stay longer than 12 months. However, people still register a rent agreement for 11 months and if the tenant stays longer than that, the rent agreement is renewed for the next 11 months. This is done to avoid stamp duty and registration fees.

There is no such rule on who pays for the rent agreement. A landlord can pay for it or, the tenant and the landlord, both can share the amount.

The original rent agreement document is kept by the landlord. A tenant can keep a copy with him for future needs.