How to prepare rent agreement if owner stay out of India ?

Q: I want to rent a 1 bhk flat. I have visited a flat through broker but he told me that owner stays out of India. My concern is how to get rent agreement if my owner stay out of India ?

Abhishek,

20th February 2016

Rentals in Pune

power of attorney

rent agreement

lease agreement

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Replies (5)

Does signed scan copy of notarized rent agreement is valid

Abhishek,

23rd February 2016

Comment

Hi Folks,
My question is why do they prefer to make 11 months lease agreement rather than to make it for a year i.e 12 months or more?

Vibhor, Delhi

22nd February 2016

Comment

Hello Vibhor,
The basic reason for making it on 11 months basis by the property owner is to away from the law of giving 6 months notice.

If he makes it for 1 year i.e 12 months, then he has to give notice of 6 months at the end of those 12 months but if he makes the agreement for 11 months then there is no pressure of giving notice, he can give him minimum period of notice which he think say 7 days notice .

Padma G, Mumbai

22nd February 2016

Hi Abhishek,
Both these gentlemen are right. After preparing the lease agreement, the most important task is to get it registered because only then it can be used as evidence in the court in case of any litigation.

Vibhor, Delhi

22nd February 2016

Comment

Right Vibhor,
And as per the Section 17 of the Registration Act 1908, it is compulsory to get the agreement registered only if the lease period is more than 11 months. For registration, stamp duty and registration fee have to be paid.

Padma G, Mumbai

22nd February 2016

Hi.. you Just need POA i.e. Power of attorney from owner . and that POA holder will sign the agreement on behalf of owner .. for further details please call 9075089697.. thanks

harshalata sukhia, Pune

22nd February 2016

Comment

Hi, your owner can authorize someone in India to sign the agreement on his behalf. This can be done through a POA. The process is fairly simple, though may take some time.

C. L. Shukla, Apartment Resident

21st February 2016

Comment