The tenancy agreement should include the name and address of the landlord and tenant, the terms of the tenancy, the duration of the lease, the rent and the amount of the deposit, the restrictions imposed on both parties, the terms of termination of the contract, the terms of renewal and the indication of other costs, such as maintenance costs, repairs, etc. Number of occupants: The agreement must indicate what happens if your family members come to see you in the future. Visitors: The agreement must contain a clause on who can visit you and when. Use our easy-to-navigate maintenance questionnaire, complete the required fields and you have the most up-to-date rental contract available for printing in minutes!!! At the end of this process, we will also tell you what you need to do to make this agreement legally valid. Until a lease is registered at the shelter, it has no validity. It is in favour of both parties to draw up an agreement with certain conditions and to register it. After the lease is written, the owner should print it on stamp paper. As soon as the tenant and landlord sign the documents in the presence of two witnesses, they must report them to the sub-registry service after payment of the necessary fees. But all of these conditions should be mentioned in the agreement. The rental or rental agreement is written on a stamp paper. There are 2 types of rentals in India, one is a lease that lasts at least 12 months. This is governed by the rent control laws enacted by the state government.

The other type is a rental and licensing agreement of up to 11 months, which is not covered by rent control laws. Housing.com has launched a fully digital, contactless service to create leases. If you want to complete the formalities quickly and without any problems, you just have to fill out the details, create the online rental contract, sign the contract digitally and get an electronic stamp in seconds. In this burgeoning world, where mutual trust is fading, you must ensure all ownership agreements through a legally binding contract in an acceptable format and a lease is no exception. See also: The main clauses of a lease agreement Not having signed by a lease agreement by both parties, will lead to legal inefficiencies in case of dispute. The Registration Act of 1908 requires the registration of a lease if the tenancy period is more than 11 months. This lease agreement is entered into at this lease agreement (the name of the landlord) S/o ____s name of the lessor), Added: Here, according to the owner/owner name, part of the first part Maintenance: The contract must clearly indicate who must pay the monthly maintenance fees. You must pay a stamp duty while you register the rental agreement which will vary depending on the city in which it is registered.

This amount will be paid using the stamp paper you owe the government. In Delhi, stamp duty must be paid for 2% of the average annual rent and for leases of up to five years. In Noida, you have to pay 2% of the annual rent as a stamp duty, for leases of up to 11 months. Whether you are a landlord or tenant who wants to rent a property, it is important that you can use a valid lease format containing all the important clauses that can be used as the subject of a reference document for all parties involved.