Creating an online rent agreement Greater Noida involves a few key steps, including drafting the agreement, paying the required stamp duty, and so on. By following the below steps, rather than scheduling many meetings to finalise a rent agreement, tenants and landlords can do so online from the comfort of their own homes. Here’s the process you can follow:
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You can draft the agreement yourself, use online templates, or hire a lawyer to draft it for you.
The agreement should include:
Names and addresses of both landlord and tenant.
Description of the property (address, type, etc.).
Rental terms (monthly rent, security deposit, maintenance charges, etc.).
Duration of the lease (usually 11 months for residential purposes).
Conditions for renewal after the lease expires.
Responsibilities for utilities and maintenance.
Exit clause or notice period for termination.
Penalties for delayed payment or damages to the property.
Once the draft is prepared, both parties should review it and make necessary adjustments.
You can pay stamp duty online via the Stock Holding Corporation of India Limited (SHCIL) website or at a local e-stamping centre.
If you choose to register your agreement, visit the local sub-registrar’s office with the landlord, tenant, and two witnesses.
You must have original and photocopies of the rent agreement, ID proof of both parties and witnesses and recent passport-size photos of both parties.
The registration fee in Uttar Pradesh is usually 1% of the total rent plus security deposit, subject to a minimum fee. Pay that.
Finally, both parties must sign the final agreement.
I hope you understand how to make rent agreement in Greater Noida.
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How to Make Rent Agreement in Greater Noida?
Maalin9
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6 months
2024-11-06T15:44:13+00:00 2024-11-06T15:44:13+00:00Comment
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