Note here that notarized certified rentals are not identical to registered documents. In the event of a dispute between the landlord and the tenant, the court will not accept a notarized agreement as proof. It is therefore important to register the rental agreement correctly. This rental agreement is established at this `time of the lease` (name of the landlord) S/o __________s name of the landlord), Added: `Named owner/owner, part of the first part repairs: the agreement must mention the dependants of the costs related to the wear and tear. A rental agreement is a legal document that defines the conditions for the rental of leased real estate and must be respected between the owner of the land and the tenant. Although the relationship between the homeowner and the tenant is cordial most of the time, it is good to have a written lease if the relationship becomes angry or tainted with complaints and misunderstandings. See also: The main clauses of any lease You must pay a stamp duty while registering the lease which will vary depending on the city in which it is registered. This amount will be paid using the stamp paper you owe the government. In Delhi, stamp duty must be paid for 2% of the average annual rent and for leases of up to five years. In Noida, you have to pay 2% of the annual rent as a stamp duty, for leases of up to 11 months. You can change the terms and conditions according to your agreement with the tenant/owner. This lease is not legally binding unless it is registered. The notarized agreement does not mean that it is registered.
Tenants must pay stamp duty and registration fees on the agreement. In WITNESS WHEREOF, the owner/owner and the tenant have signed their hand to `place` (place) at this `on` (date of the rental agreement). Year first mentioned in the following witness gifts The bill also stipulates that tenants staying in a rented apartment, as mentioned in the agreement, will be required to pay double the rent for the first two months and four times the rent in the following months. This lease or lease format can be used by the owner or tenant of a residential property. It is signed by the lessor and the lessor to indicate consent to the conditions set by the lessor. It is a legal document with the force of law, to which the courts can refer in case of disagreement. The lease agreement must be printed on a non-judicial stamp document worth Rs.100/- or more. The tenancy agreement is usually signed with the payment of the deposit for the rental property between the landlord and the tenant.