The registration and stamp duty procedure are the same as residential real estate for the rental of commercial real estate too. Another type of popular rental is to get long-term rent for a number of years. There is no monthly rent to be paid by the tenant. At the end of the rental period, the landlord must return the rent amount to the tenant. Electricity, water and maintenance costs must be paid regularly by the tenant. No interest is paid on the amount of rent. Finding a suitable place to rent is a tedious, energy-intensive and tedious task. In Delhi, rent and rent are controlled by the Delhi Rent Control Act of 1958. The person who takes the house for rent is designated as a tenant or tenant, and the person who rents it for rent is designated as owner or landlord.
Before you take the house or apartment for rent, make sure the following details: While this article explains the nitty gritty lease procedure, now you can make your agreement and get with the stamp paper delivered. LegalDesk offers in advance designed, ready-to-use, lawyer verified rental contract. All you need to do is fill in your data and we`ll do the rest. We also offer the possibility to print your document on stamp paper and deliver it to the address of your choice. If you are looking for a lease for Noida and Gurgaon, we have them too! But if Ashok first made the deal by paying the right stamp duty, he should have paid only rule 1860/- This lease agreement is entered into at this lease agreement of S/o (name of the landlord) S/o __________s name of the landlord), Added: Named owner/owner, part of the first part Note here that notarized leases are not the same as registered documents. In the event of a dispute between the landlord and the tenant, the court will not accept a notarized agreement as proof. It is therefore important to register the rental agreement correctly.