Rental Agreement | Notary Services : Rent Agreement Registration

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Monday, March 16, 2020

Is The Physical Presence Of The Owner Is Required While Making An Online Rent Agreement?

Rent agreements have become insanely popular among the owners as well as tenants due to the perks they offer. As there is a variety of Rental Agreement Format available on numerous websites, owners and tenants find rent agreements easily accessible, fueling its popularity. But, is it necessary to be physically present while online rent agreement is being made? Here’s the answer:

Physical Presence: mandatory or not?

In the case of an online rent agreement, an owner or tenant either goes for a customized rent agreement or selects from the list of Rental Agreement Format.

In case of customization, the rental agreement is prepared catering to the demands of the owner/ tenant. He/she has the privilege to add/ edit/ modify/ delete the clauses present in the rent agreement. Respective information is also put in, following the guidelines. For customization, the physical presence of the owner isn’t required while the development of the rental agreement, as these tasks, can be carried out either on-call or through e-mail.
On the contrary, even if the owner/ tenant chooses a particular rental agreement format from the available options in the list, all he/ she/ they have to do is to provide the particulars of the agreement. In this case, too, the physical presence of the owner isn’t mandatory.
If the owner/ tenant opts for getting the rental agreement from a nearby local firm, then he/ she/ they need to be present physically as the entire process will be carried out shortly. He/ she/ they need to provide the associated information to the agreement producer, who may not provide the facility of customization to the tenant.

When Physical Presence Will Be Mandatory?

The physical presence of the owner/ tenant will be must in the following cases:

When the tenant goes for Rent Agreement Registration, the physical presence of the owner/ tenant will be required. In the process, both owner and tenant have to sign on the agreement in the presence of an authorized signatory. The physical presence is mandatory as it testifies that both parties agree on the terms and conditions written in the rental agreement and thus provide their affirmation to the higher authority.
In case the owner/ tenant opts for procuring the rental agreement from a nearby firm, in such a situation the physical presence of the owner/ tenant will be mandatory.

Relevant information:

With the modernizing and digitalizing world the need to rushing towards firms for procuring rental agreements has been reduced drastically. Now, owners and tenants get high-quality rental agreements written within a stipulated period. Content quality and grammatical correctness of the rental agreement beat the offline written ones. Statistically, online rent agreements have more chance of approval than the offline generated ones, as they are reviewed more number of times, and in various aspects- legal, grammar, etc.

Some of the frontrunner firms also home-deliver these rental agreements which eliminate all the hassles of running to and fro. Hence, online rent agreements have become so immensely popular than offline ones. Online firms also guide the owners/ tenants in before and after the development of the rent agreement.

Through their expertise off several years, they can recommend the clauses to add/ modify in the online rent agreement. Also, they can help the owners/ tenants choose the most suitable rent agreement; commercial, residential or industrial. While opting for a good rental agreement company, emphasis must be given on their services, experience, payment process, cost and most importantly, customer service. After assessing all the aspects, the online rent agreement firm needs to be approached and process to be carried out. While sorting, testimonials also provide great insight as they speak about the quality and final product of the process.

Source: https://rental-agreement-online.gonevis.com/is-the-physical-presence-of-the-owner-is-required-while-making-an-online-rent-agreement/

Monday, August 5, 2019

5 Things You Should Know Before Renting Your House

A shop is a place where you are going to start your business and run the daily needs of your life. As for some people, it's not possible to get their own property and start a business but what they can do is rent for the property and run their business. For that, the tenant will need to sign a rental agreement which is a contract.

It is a contract between a tenant and an owner who is going to have temporary possession of the property. The registered rent agreement should have a proper format and all the necessary information in order to avoid any legal implications in the future. There are several things that have to be there in Rent Agreement Format For Shops for better convenience of both parties.

Given below are the Things You Should Know Before Signing Rental Agreement For Shops.

Length of lease period should be considered

This is a very important step that needs to be taken care of before signing a Rent Agreement For a Shop. Considering a short lease period is much more feasible and safer. Because you can never predict the future of the business you have started. so getting stuck in a long term commitment might hurt your finances.

Who is responsible for what?

Make sure that the rent agreement clearly mentions the maintenance and repair related things in it. Ensure that the rental agreement clearly mentions the party names who will pay for what kind of repairs and maintenance.

Lease termination policies

Some of the Registered Rent Agreement has proper rent agreement format for shops which tends to automatically renew before its termination. While some rental agreements can only be renewed after contacting the owner. You should also consider the termination policies and charges before signing the agreement.

Other Terms And Conditions

Cross-check the rental agreement for other terms and conditions which you might miss. These kinds of things can lead to legal complications if not taken care of on time.

The Bottom Line

Consider hiring a professional for helping you with the proper rent agreement format for shops. He can help you with the negotiations and make you understand all the terms you might not be aware of.

Conclusion

It is very much important that you understand each and every detail mentioned in the Online Lease agreement before renting a shop for your business. As seen, most of the rental agreement runs fine most of the time. Though, you can ensure peaceful cooperation between both parties before signing the rent agreement.

Uraan Rental Agreement And Notary Associate - RentalAgreement.in

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Thursday, April 18, 2019

What is the Difference between Registered and Non-Registered Rent/Lease Agreement?

A normal practice is to have a rent agreement for 11 months and most of the people prefer for it

As per Registration act of India if a rent agreement has been made for a period of 12 months or more then it needs to be registered by visiting the sub-registrar office and paying the valid stamp duty as required.

But if the rent agreement is a period of less than 11 months then one does not need to get it registered with the authorities

Now that your doubts are clear and if you need a Rental Agreement you can try creating one with us. All you need is to have few important details of both the parties involved in the agreement and you are all set to draft one for you. Once reviewed and paid the same will be delivered at your doorstep!

Save time, save money! Get the rental agreement at your doorstep in few easy steps

Uraan Rental Agreement And Notary Associate
U.R.A.A.N. Associates

URL:www.rentalagreement.in

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

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

Monday, April 15, 2019

What is a Rental Agreement?

What is a Rental Agreement?

In a simple term it is an agreement between owner/landlord and tenant/occupant having all the necessary clauses, which both parties agreed together for a residential house/flat/room

It is made for 11 months duration wherein landlord gives right to premise use to the tenant with certain mutually agreed condition mentioned as clauses of the agreement

The format of the agreement should include all the important clauses, which can serve the purpose of a legally binding contract document as well as protect the interest of all the parties involved

If you are a landlord/owner or tenant/occupant and looking for a rental agreement then the service is easily available a few clicks away

Visit https://www.rentalagreement.in and fill the necessary details. It’s a broker/tout free service at your convenience.

Fill it, submit and get it at your doorstep – It’s that simple!

Uraan Rental Agreement And Notary Associate
U.R.A.A.N. Associates

URL:www.rentalagreement.in
E (24 X 7): support@rentalagreement.in
P (8AM to 11AM, 6PM to 9PM):+91 81235 91446

Monday, March 11, 2019

Why do you Need a Rent Agreement Payslip | Considerations for Tenants?

If you want to rent a property, then you must go through several procedures. It is evident that when you think of renting a flat, you are liable to first go through a rent agreement sample. Once you see the sample, you can have an idea of how does an agreement looks like and what are the requirements you need to fulfill. If you seeking to apply for your rental property, an efficient rental ledger or rent agreement payslip is essential to make sure your payments are justified.

In the recent scenario, many property owners use software for rental ledgers. These software helps to keep the record in an organized manner. If you happen to be a tenant, you can keep a copy for yourself.

How can you read the rental payslip?

Your rental ledger comprises of your name, address information, amount of your payment, and important dates. Each and every line has all the information provided by the owner. At times, the owner categorizes the type of payments or adds comments on late payment, or about any other issues. The owner must offer you the receipt and that paper acts as a protection for both the parties. In such a case, you can compare your statements and records with that receipt. At times, the ledger prepared by the owner can also act as claim disapproval if you have been charged double for anything.

What is the necessity to maintain a rent agreement payslip?

As a tenant, it is essential to keep a copy of the payslip as it has all the important details regarding your payments. Also, you will have the opportunity to compare your records with that of the owner's slip. If you see any discrepancy, you can go ahead and solve it with proof.

The payslip will be highly beneficial when your tenancy period is over. When you seeking for new properties, you can show the payslip to the prospective property owner to prove that as a tenant you have been regular and paid rents on time.

Showing your payslip with your statement of application

Along with your rental application, it is imperative that you possess all the demanded and necessary approving documentation. If you want to portray yourself as a well-prepared applicant, you must have the photocopy of your photo identities like the passport, driver's permit, and all of them should be up-to-date along with your rental payslip.

Essential requirements for tenants

Prerequisites associating to your period of stay (tenancy period), the incidence and duration of rent amounts, the renewal period of your lease and the requirements for restoration and sustenance, must be distinctly stated in the contract.

In addition to the above-mentioned prerequisites, the functions and liabilities of the occupant and the landowner must have clear definitions.nIt is desirable to consider the premises on rent, after all the improvements and maintenance. Tenants must further investigate the electrification and pipe, before entering the apartment. This way, the resident can easily safeguard himself from additional fees that may appear in future.

It is further imperative to monitor pending payments, like power and extension prices of the society. For instance, Tinu Sharma, an official operating in Gurgaon and surviving on rent, lately got a warning from the society’s citizens’ well-being association over pending rent and maintenance for the last 2 years facing community development costs.

Uraan Rental Agreement And Notary Associate
U.R.A.A.N. Associates
URL:www.rentalagreement.in
E (24 X 7): support@rentalagreement.in
P (8AM to 11AM, 6PM to 9PM):+91 81235 91446

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