Property registration: The Complete Guide

Property registration is the enrolling of any documents related to the move, sell, rent or some other type of transfer of resolute property.

According to law, each record must be displayed at the enlistment center office by the concerned individual itself or the approved individual pursued by an observer and the suggested enrollment charge. The properties are enrolled according to the concerned Act.

What are the required documents for Property Registration in Delhi?

According to the State Govt., these are the required documents which have to submit:

• Two Passport Size Photographs are required of both parties.
• Proof of identification of each party and witnesses are required like Aadhar Card or Voter Id.
• Two witnesses are required to sign the witness form.
• In case the property is/was under a lease from D.D.A., L&DO, M.C.D., Industries Department, Labour Department of Delhi Govt. etc., the permission of lessor for registration of the documents are required.
• No objection Certificate under section 8 of Delhi Land (Restriction and Transfer) Act is required to make the registration.
• Income Tax Clearance Certificate is required and a valid Pan Card is also required.

Who can be a witness for Property Registration In Delhi?

A witness is an individual who ousts as far as anyone is concerned about certainties in issue between the two parties for a reason. Any individual who knows you or doesn't can be your witness for Property Registration in Delhi. A witness must be at least 18 years of age to sign as a witness. 

Witness for Property enrollment assumes a major job in the enlistment procedure. A witness ensures that the archive was signed by the two parties and no fake happened. Having someone there to approve registration witness are needed if there is ever an inquiry concerning the social events or the understanding.

What is the procedure for Property Registration In Delhi?

1. Verification of the title of the property
2. Estimation of the property value
3. Preparation of the stamp papers
4. Getting the sale deed ready
5. Payment of the stamp duty & registration charges
6. Approach the Sub-Registrar for registration
7. Documents submission

Conclusion

The process of doing the Registration of Properties take a long work process and time. Due to the lake of knowledge in this field we also lost a huge amount of money. You can simply get the Property Registration In Delhi using an online platform with the best result in less time. The Rentalagreement.in does the same to register the properties. If you still have any questions regarding this feel free to ask.

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5 Basic things every Online Rent Agreement should cover in 2020

A residential or rental agreement is the scheme of an occupancy. Every house rent agreement contains the responsibilities and rights of both the tenants as well as landlords. Nowadays an online rent agreement is preferred over offline long procedures. The rent agreement is not only a binding contract but also crucial business articles filled the realistic document. Today we will discuss the top five basic things that every online rent agreement should cover in 2020: 

• Names of all tenants and occupants: The owner must mention all the names of tenants who will live in the rental. Ever tenants and occupants must sign the agreement. Each of the tenants is equally responsible for paying the rents. In this point termination of the tenants, conditions will be clearly mentioned.

• Agreement duration and renewal methods:  Generally all the Home rent agreements or any kind agreement have a tenure duration of 11 months. If you want, you can always increase the duration period in the beginning or renew it at the end. But always make sure that the duration period or renewal methods are clearly mentioned in the agreement.

• Rent: One may have varying rent style if the tenure period is increased or renewed. In general, there is an increment in rent by 10% after each year. But the increment percentage and rent variation must be clarified in the agreement. You should also clarify the security deposit amount at this point or you can write another point to make it clear.

• Contact information: You must have communication with the tenants. You must take contact number, email and surely verify their origin photo is proof.

• Description of the rental property and rules: This point contains the complete address of the rental property. It also includes information about any specific storage or parking area or backyard. This will also include that any kind of activity which are prohibited will lead to the removal of the tenant as well as any kind of illegal activity that will be informed to the police.

These are some of the basic things you must include in the lease or online rent agreement. But one should remember that these are not sufficient points to include, there are many other points which are necessary to include in an online rent agreement.

You can break some of the points from the above discussion in two or more things. It is totally the responsibility of the owner to take care of the basic points in the agreement as well as the tenants must read the agreement carefully before signing it.

Uraan Rental Agreement And Notary Associate
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Source- https://rental-agreement-online.gonevis.com/5-basic-things-every-online-rent-agreement-should-cover-in-2020/

5 Things You Should Know Before Renewing Rental Agreement For Shops

At the point when the part of the bargain is not too far off, you have a choice to make. If you want to renew, negotiate or extend your rental agreement for the shop when your rental agreement is about to complete the written tenure. But in case you want to renew your Rental Agreement For The Shop you keep several things in mind and also aware of clauses written in the agreement. Given below are some important things that should be kept in mind before renewing The Rental Agreement For Shops.

Know whether you have a right to renew the property or not- While many residential houses usually have a term for renewal in the agreement which favors the resident. It may not be possible in case of commercial areas, many landlords do not favor to renew the rental agreement. You can usually check out this thing in earlier rental agreement under the right to renew section.

Hike in Rent

This is the most important thing that you should discuss with your landlord before renewing your rental agreement. As there are many landlords who tend to increase the rent even though your business is not doing great. 

Updated notice period

Usually, the notice period for the renewed rental agreement is 6 to 9 months depending upon the business and landlord as well. So, you should always keep this tenure in mind before signing the renewed rental agreement. You can refer a Rent Agreement Format For Shops to see all the points mentioned and Register Rent Agreement Online to get a perfect rental agreement for your shop.

Be aware if you can increase or decrease your space in the property

There might be circumstances when you want to increase or decrease your rented space due to fluctuation in your business. So, you should be aware of this fact before renewing your agreement by going through a Rent Agreement Format For Shops that might be available online.

If you can renew your agreement when been in default for some time

It is an important factor that most of the tenants want to know. There might be some situations when you are not able to pay your rent and become a defaulter. In this case, some landlords might not renew your agreement while some agree to do this keeping in mind the past record of the tenant. But it is completely the choice landlord whether he wants to renew the agreement or not.

Conclusion

It is always advisable for both the landlord and the tenant to opt for rent renewal rather than going for finding a new tenant and new property respectively. But if they have faced any issues in the past relating to financial problems they can surely choose not to do so. Renewing a rental agreement needs to Register Rent Agreement Online for a better option at a feasible rate. You can choose to renew a rental agreement from a well-renowned company like the Rentalagreement.in who guides you properly in such matters.

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Get Free Delivery in your local cities. Apply the code while filling the form, or mention the same to our customer support

Support@rentalagreement.in / helpdesk.uraan@gmail.com

Uraan Rental Agreement And Notary Associate - RentalAgreement.in

For More Information call us or write to us at:- 

 E-Mail (24 X 7): support@rentalagreement.in

Call (8AM to 11AM, 6PM to 9PM): +91 81235 91446 

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