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.
