Who Will have Original Rental Agreement?

If  you are someone who lives on rent. You will know that one of the most important documents for a tenant and the landlord is the rent agreement. One of the most asked questions about the topic is who will have original rental agreement. In this comment, i will be answering your queries about the same.

The rent agreement is used as legal proof for various reasons. The rent agreement will include details about the property owner and the tenant. It will also include details of the property including the location, agreed upon rent amount, tenancy period etc. You will have to submit identification proof ie PAN card , Aadhar Card, passport for the rental agreement verification.

In most cases, it is the landlord that keeps the original rental agreement. The tenant can always ask for a copy from the landlord. Both the parties involved ie the tenant and the landlord can sign the photocopy of the rental agreement.

Legally the rental agreement original copy will belong to the person who has paid for the stamp duty. The one who has purchased the agreement will get to keep the original agreement.

I hope your query about who will have original rental agreement has been cleared.

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In India, who keeps the original rent agreement? The original rental agreement will typically be held by the landlord. This document serves as a legal contract outlining the terms and conditions between the landlord and the tenant regarding the rental property.

Rent Agreement Original Copy With Whom?

While tenants may also receive a signed copy of the agreement for their records, the original document is generally retained by the landlord to facilitate legal enforceability and compliance with property rental laws.

It is essential for both parties to retain copies of the agreement to ensure clarity and protect their respective rights and interests throughout the rental period. Additionally, having the agreement documented and signed by both parties helps to mitigate potential disputes in the future.

While both parties should keep copies for reference, the original rental agreement in India is primarily the domain of the landlord.

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As a new tenant, I was very concerned about who keeps the original rent agreement. I asked a few friends, and most suggested that the landlord usually keeps it. However, there is no hard and fast rule about it. This completely depends on the mutual understanding between the tenant and the landlord.

Who Should Keep the Original Rent Agreement?

Let me tell you who keeps original rent agreement. Both the original and the xerox copy of the agreement hold the same value. In my case, I have the original document. Usually, if you ask people who will keep the original rental agreement, they will say the landlord but there is no strict rule about it. If you want, you can take with you the original copy. 

What does the rent agreement contain?

The rent agreement is an important document that states the terms and conditions that the tenant has to follow and mentions other aspects like

• Rent amount

• Tenure of the agreement

• Yearly rental amount hike

• security deposit amount

• Maintenance and repair clauses

• Termination and renewal rules and other aspects

This is a very important document so make sure as a tenant you have the original or a copy of it. I hope this answers the rent agreement original copy with whom is kept and the relevance of it.

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