Rental Agreement | Notary Services

Tuesday, June 4, 2019

5 Main Key Differences between commercial and residential lease Agreement

Commercial Lease Agreement

A commercial lease is signed between a business entity and the owner of the property which the entity is interested in for a lease. The terms and conditions are laid down in such a way where the owner agrees to let the entity occupy the property to carry out activities as per the business along with the permissible modification in the property.

Residential Lease Agreement

The term “residential lease agreement” refers to the legally binding contract created between a landholder and his tenant and contains all the terms for dealings a house or flat as a residence. This document is additionally referred to as Associate in the Nursing flat rental agreement or a landlord-tenant lease. commonly it's signed at the beginning of a rental term and remains in impact till the tip date indicated within the agreement.

Now Let’s see the Main Difference between Commercial Lease Agreement Residential Lease Agreement.

As the name suggests commercial lease is for business purpose and the residential lease is for living use

A commercial lease is a contract between a business tenant and owner while the residential lease is between the individual(s) tenant and landlord.
In a commercial lease, the property is used for business and profit-making purpose whereas the property is primarily used for residential purpose and no commercial activities are allowed in a residential lease.
In a commercial lease, the rent consideration is typically based upon the amount of square foot/meter occupied by the tenant whereas in a residential lease the rent consideration is based upon a set amount per month varying from a month-to-month lease to a term of years.
In a residential lease, tenants have a lot more protection than commercial lease tenant.
In a residential lease, there are certain obligations that the landlord need to provide like water, electricity and certain maintenance whereas there are no such obligations for the commercial owners unless explicitly defined in the contract.

Though each state has its own rules and regulations on commercial and residential leases, all states make general distinctions between the two types of leases between landlord and tenant.

As per the premise type, uses, and contracts one can choose an appropriate type
of Commercial and Residential Lease Agreement. If you need one Rentalagreement.in helps you to choose the right one, draft it and send it to your doorstep!

Uraan Rental Agreement And Notary Associate

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

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

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Monday, June 3, 2019

4 Essential Things You Must Know Before Signing House Rent Agreement

Working or studying in an entirely new place is hugely hectic. To add to it is finding a good place to rent for the duration of your stay could be another mammoth task.

Even after securing the perfect place on rent you are not out of the woods. There are certain essential checks which you must puzzle out as tenant before signing any House Rent-Agreement.

Let us have a look at 4 Essential Things You Must Know Before Signing House Rent-Agreement.

Study/ Scan Inspect the Rent-Agreement thoroughly:- I know it sounds silly, but this is the most important and ironically the most overlooked aspect of a Rent-Agreement. You must thoroughly read the Agreement. Get to know every detail of it from the Rental Agreement Format to the nooks and crannies. Remember you are the customer, so you must be careful. In case of difficulty with language or any other Rental Agreement, Format hitch contact a lawyer ASAP. Or use professional service like URAAN Associates.
Damage Control and Its Charges:- Often the charges incurred for the repair and damage control on a property is immense. And it is essential to do these repairs in order to make the place Habitable. So always look into the hidden Charges and Costs in the Rental Agreement Payslip and specify all the Plumbing or construction work done. No verbal agreement. I promise it will save you a mint.
Check The Landlord:- He will most definitely check you. So you may as well check him up. Check the background and history of the Landlord. Yes, make sure the person you are signing the agreement and issuing the Rental Agreement Payslip is, in fact, the Landlord and not some scheming caretaker.There have been instances of such swindles. Be wary.
Charges When You Leave:- Now when you live in a House you are bound to damage it. It happens so always keep a clause on the Rent-Agreement or the Rental Agreement Payslip for these damages.

Final Word OF Wisdom

For the best and most reliable outcome, you can also visit us at Rentalagreement.in Website. We are a company providing the best and most transparent Consultation regarding all your Rent-Agreement Queries.

Remember, not everyone is the best out there. It is good to have a professional behind you for support.

Uraan Rental Agreement And Notary Associate

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

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

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

FACEBOOK | TWITTER | LINKEDIN |

Tuesday, May 14, 2019

Is it mandatory to register a rental agreement?

If a House rent agreement is there for a period of 12 months or more then it needs to be registered as per the Registration Act of India in the local sub-registrar office.

But if it is for a period of less than 12 months then it does not require to get it registered. Also, it is not mandatory to get this House Rent Agreement notarized as long as it is printed on stamp paper and duly signed by both the parties.

If it helped you to go for one Rental Agreement customized as per your need then you can try creating one with us. All you need is to have a 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 a few easy steps.

For More Information:

Uraan Rental Agreement And Notary Associate

U.R.A.A.N. Associates

URL: - www.rentalagreement.in

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

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

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Monday, May 13, 2019

Benefits of a Rental Agreement

In this fast-moving world, people keep on relocating for their study and livelihood. They hardly get time to even think about mutual trust in a plain conversation and so are true for the landlords who want to be secured while renting their premise with strangers.

Having a House Rent Agreement ensures there is no conflict of interest between landlord and tenant over –

1. Deposit and Rent.

2. Water & Electricity’s charges.

3. Owner’s responsibilities.

4. Tenant’s Responsibilities.

5. Maintenance – Damages & Repairs.

6. Termination & extension of the agreement.

Other benefits for tenant include –

1. Proof of residence.

2. Address of correspondence.

3. Proof of paying rent to get a tax rebate under Income tax.

In a nutshell, if you are a landlord or a tenant, get one House Rent Agreement signed by both parties to legalize mutually agreed terms and conditions and leave no place for legal inefficiency in case of a dispute.

https://www.rentalagreement.in offers you a broker/tout free platform to get your Rental Agreement in a few clicks at your convenience saving your precious hours

It's simple – fill it, submit and get it!

For More Information:

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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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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