Q:Same rent paying after mutual agreement with owner. But suddenly he demanded 5% arears of all previous years and denying mutual agreement. Kindly advise.
Latest Answer: Hi,
Within the provisions of the agreement, a rental agreement can be granted retrospective effect. Stamp duty charges, on the other hand, cannot be retroactive.
For a rent agreement format, who should purchase stamp paper?
The stamp paper can be purchased by either the landlord or the renter, and it will remain the property of the purchaser. You must purchase the stamp paper yourself if you wish to own an original agreement. Otherwise, you might request a photocopy or scanned copy from the other party.
Q:Hi,I was staying as a tenant at D304, Orchard. I left the apartment on 29.08.2017. The lessor is not refunding the security deposit. As per the agreement, it was terminated on 29.08.2017. What should I do?
Latest Answer: Most renters try of asking for their security deposit back and decide to vacate their residences in the hopes of receiving the funds later. Getting the security deposit back in this scenario is far more difficult and will take much longer. When you still own the house, you have a better chance of getting it. This paragraph will not apply to you if your house rent agreement format expressly stipulates that the deposit will be returned to you only after you vacate.
Q:I have got a property on rent in Hyderabad. The owner and I have to get the lease agreement for period 11 months. The rent of the property is Rs 15000 and the deposit is Rs. 45000I have a draft of the rental Agreement with all the necessary details.
Latest Answer: Hi Mayank,
Legally it is mandatory. But in reality it depends on Owner & Tenant understanding. I believe it is beneficial for both as landlord feels secured about his property whereas tenant can happily take tax benefit & use agreement as local address proof. You can get Rental agreement home delivery by calling ​ 9515306503. Hope that helps.
Latest Answer: You can call on this toll free number (1800) (180) (180) (180) Or List your Property for Rentat Commonfloor to get prospective tenant details
Q:Hi I have a residential row house to let in Surat, Gujarat under Surat Municipal Corporation jurisdiction.I also have a prospective tenant. My question is this tenant would like to use my residential property for his office (commercial) purpose. Society members/chairman DO NOT have any issue with this arrangement.But I would like things on documented and the right way.1 - So, what formalities I have to do in order to get any clearances(local corporation) required if any.2 - what does the tenant have to produce for the same?3 - what are the tax implications?4 - what kind of agreement is ideal for tenure of 1yr or 3yrs.
Latest Answer: Thank you all, I have the acceptance from the housing society.
Also the nature of business is a Management consultancy who just needs space for team to work, most of the work would be at their clients place.
Latest Answer: Hai Sujan agreement is very important in these days you want to make a rental agreement for your property you can get brief information below link.