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/

5 Easy tips to make an effective Rental Agreement in Bangalore

Bangalore, the hub of technology in India, is the home to a diverse population of the country. People from all the states and U.T.’s find Bangalore as a place to earn and survive. Various IT hubs are located in the vicinity of the city, which is the main charm of Bangalore which attracts the youth towards it. These youth along with others try to look out for economic and affordable places on rent to live in.

If you are a person who is staying in a house on rent or want to rent out your house, it is very important to have a rental agreement with the authority. In the present decade, rental agreement in Bangalore is a must-have for the security and better understanding between the tenant and house owner. 

There are several tips that make a Rental agreement effective.  Let's have a look at 5 such tips for making an effective Rental Agreement in Bangalore.

• Customize Your Rental Agreement- Lease agreements are often found in template forms but it is always wise to customize your rental agreement based on a House Rent Agreement Format. It can be customized based on local laws and specific Rental Terms and Requirements. It provides safety from all the disputes between the tenant and the house owner.

• Be specific about terms and conditions- A Rental Agreement should cover all the specific terms and conditions such as the name of all the parties, maintenance protocol, security deposit, maximum occupancy, additional fees, etc. These rental terms are available in a rent agreement sample. You have to simply fill the information.

• Keep your Rental Agreement updated- Every time you renew the rental agreement just remember to keep it updated as per the latest local and federal laws. Also, update the latest hikes and charges in the lease agreement. Rentagreement.in is a rental company which helps in updating of a lease agreement.

• Try to go with an Online Rent Agreement- Online Rental agreements are very much convenient and easily accessible. They never get lost and customization is also easy. A reputed rental agreement providing organizations such as Rentagreement.in, provide the Rent agreement Sample, beforehand to the clients so that they could tell about the customizations needed. Then a proper rent agreement is framed and digitally signed by the parties along with the witness through online platforms.

• Adding all the necessary clauses- With a proper House Rent Agreement Format, that contains the signature of both the parties along with the witness, everything gets clear by adding all the necessary clauses. 

Rental agreement in Bangalore can be easily procured from many prestigious organizations that have been serving in this area such as Rentagreement.in. They provide the best rental agreements online with the consultation of both parties- tenant and the landlord. The rental agreement serves as a guide book in case of problems arising and helps mitigates problems even before arising.

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Uraan Rental Agreement And Notary Associate – RentalAgreement.in

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Source- https://rental-agreement-online.gonevis.com/5-easy-tips-to-make-an-effective-rental-agreement-in-bangalore/

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
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
FACEBOOK |  TWITTER | LINKEDIN |

Source- https://rental-agreement-online.gonevis.com/5-basic-things-every-online-rent-agreement-should-cover-in-2020/