A rental agreement is a contract between a tenant and landlord, whereby the latter gives the former the right to occupy a residential premise or home for a fixed period. It is an important document for both parties as it helps prevent any future dispute.A rental agreement can be implied, written, or verbal. Though, a written agreement is preferred by people as it summarises all the terms and conditions accepted by both the tenant and landlord. Therefore, to safeguard the rights of both parties in case of future conflicts, it is important to secure a property by drafting a thorough lease/rent agreement and registering it at a sub-registrar’s office.Rent Agreement Registration ChargesRegistration agreement charges vary from state to state. Similarly, stamp duty charges also vary from state to state. For example, stamp duty charges for a property rented out for five years is 2% in Delhi. Rent Agreement Process:
Draft the agreement
Buy the e-stamp paper
Sign the rent agreement
Make it registered or make it attested from notary public
If you don’t have time to go to government offices and stand in long queues, then you can take the help of online rental agreement service providers. I used NoBroker to register the rental agreement for my property. If you want to know the charges for the online rent agreement, then you can simply register on their website and get the price quote for the rent agreement. You can also use the chat option and ask this query there. Apart from the convenience fee, No Broker registered rent agreement charges include registration charges, stamp duty, etc.How NoBroker Rental Agreement Services work:
Customize the template agreement as per your needs and submit the draft
They will print the agreement on a legal stamp paper
The printed agreement will be delivered to you in 3-4 days
What is the current rent agreement document rate (July 2021)?
shambhukumar
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July 29, 2021
2021-07-29T13:36:26+00:00 2021-08-04T11:43:10+00:00Comment
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Rent Agreement
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