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 Things to Know Before Signing Rental Agreement in Delhi NCR

Food, clothes, and shelter are the most important things in a person’s life. In this decade the cost of building homes has risen such that almost all the savings of people get exhausted, sometimes while in the middle of the construction. To avoid this, people use to rent a flat or apartment in the majority of the metropolitan cities, be it Mumbai or Delhi. For acquiring a house on rent, people have to sign a Rental Agreement.

The majority of the people are unaware of this fact and avoid this, this leads to awful consequences. People are unaware of the rental agreement and How to Make Rent Agreement and sometimes the landlords also skip this for their gains but eventually face problems. People from experienced organizations such as Rentalagreement.in will guide you about all the procedures and information regarding the Rental Agreement even you can get Online Rent Agreement in Delhi from Rentalagreement.in. You must lookout for the following terms before signing a Rental Agreement:

Hidden Clauses or Conditions:

Sometimes below the dotted lines, there are some clauses written which prove to be devastating in the upcoming months. Some cases have been observed in which the tenants have to face a 10% or more hike in rent every five or six months. With Rentalagreement.in, you will not face any such problems.

Additional Charges:

Some cases have been observed in which tenant have to pay the additional money after certain months. These little sentences go un-noticed and thus due to little irresponsibility the tenants have to pay a large price. Rental Agreement can be a little perplexed, but Rentalagreement.in provides an Online Rental Agreement in Delhi which eases out the problems.

Inclusion of Bills:

Another important clause that goes unnoticed that people just ignore the terms and conditions. These may include any other expenses such as the water bill, electricity bill or even maintenance charges. The term “Maintenance Charges” has often been misused and the tenants take its toll.

Check-out and Notice Period:

The rental agreement also incorporates the penalty and check-out charges if any. These are most important as in some cases there would be a notice period for leaving. If a tenant leaves before the notice period, then to he/she has to pay for the remaining period. In some cases, the rental agreement includes a clause that the tenant has to live/pay for a minimum duration of months that usually go unnoticed. Also, a heavy penalty would have been mentioned in that agreement for breaking that clause.

Damage Charges:

In some cases, the furniture or supplementary utility of any kind that has been provided while moving-in gets damaged. The tenants have to pay heavy penalties in that case, if not taken care of. These penalties exceed the price of the article in a few instances. This clause must be looked into very carefully.

Hence, the tenant pays heavily and the situation goes awful. The executives from Rentalagreement.in soothes all your headaches starting from How to Make A Rent Agreement to drafting and explaining it properly.

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Office Sharing Agreement In Corporate World

Many times finding and renting an office space can be big and costly affairs in cities, especially in metro cities. Office sharing arrangement can be a savior between a group of like-minded people who can come together to share an office space with a primary goal to save costs and make the best utilization of resources (space, workstations, etc.)

This arrangement allows to further sublet a spare space and other resources to others, which brings down the rental and other miscellaneous costs. So the agreement for such arrangements require to have the key clauses with rules for usage of utilities and all resources being sublet

Key points

Purpose of an office sharing agreement

To use shared office space and other resources among like-minded business or entrepreneur
To cut down rent, other maintenance cost and operating cost of small business enterprises and startups

What does an office sharing agreement cover?

Details of all members involved in the agreement
Contract terms including executable, term period, expiry and notice period
Explicit important clauses that cover sharing of all resources and utility bills
Clause for amicable resolution in case of dispute/disagreement
Rent sharing and mutual consensus for common space

Before executing the agreement

There may be a clause in the master lease agreement that might prevent you to further sublet so please check and always keep your landowner in the loop before executing the agreement.

6 Mistakes to Avoid in Rental Agreements To-Let your Apartments Safe and Sound.

How often do gullible people get duped due to faulty contracts or due to those clauses written in words smaller than the size of ants?

Buyers have to become smart as they cannot let themselves get swayed by fraudulent schemes and practices. However, legitimate sellers need to caution themselves to certain business ploys themselves.

The golden rule to avoid yourself from being caught in this vicious trap is to prevent yourselves from getting involved in shady deals, which requires due diligence and meticulousness to peruse through every clause of that legally binding contract and get it double checked from your business advisor or lawyer.

Consequently, the relationship between landlords and tenants, our society has culminated is of mutual understanding and trust and just like that, the house rental agreements get broken or bent by the will of the landlords or tenants, as and when they please. Ergo, it becomes the need of the hour to make house rental agreement contracts airtight, deprived of loopholes and their formats being standardized.

The following are the primary six mistakes which should be avoided in house rent agreement formats.

The format of a rental agreement must always mention the security deposit explicitly. Numerous tenants have been ruled against in cases related to errors in the figures of the safety deposit.

The names as mentioned in the contract must be true and hence should be supported by credentials as issued by the government, i.e. Aadhaar cards, Voter ids or Passports.

An important clause of subletting often gets skipped while drawing up the rental agreement format. The landlords are often extorted as the tenants sublet their property, making profits off their apartments eventually.

In order to make the agreement ironclad, make sure the responsibility of repairs is implicitly stated. Whether it is the landlord or the tenant, a house rent agreement format must consist of everything.

Also, the terms for eviction have its own significance. Generally, the law states that the tenant cannot be evicted without two months’ prior notice. However, the contract if signed carelessly can state, otherwise. Therefore, it becomes prudent to have clear lines drawn beforehand.

Tenants can be a mess and can leave your apartment within two months or never leave at all. Therefore, one needs a consistent rental agreement format to rely upon. Clarify the number of months or years a tenant has to necessarily occupy the apartment, in advance and also the term for his eviction to make the process painlessly easy and law-abiding.

Do not let yourselves be fooled by something as trivial as rental agreements. Make them ironclad as it will ensure that your tenant is understandable and adherent to the rules. A cordial relationship among the two parties can lead to absolutely zero fraud but make sure you never stop being cautious again.

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.

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

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

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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!

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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.

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Rental Agreement Format | Rental Agreement Payslip | Rent Agreement Sample | Online Rent Agreement | Registered Rent Agreement

Rent Agreements? No more worries…

There are three essentials for survival- food, clothing, and shelter. The current property rates have made the last essential out of reach for many people today. Thus, renting has become a cost-effective option for a major part of the urban population. I would like to share my journey from Pune to Mumbai. Mumbai, the financial capital of India, is one of the costliest places in India when it comes to property. Pune, another metropolitan city, is no less behind Mumbai.

When I came to Mumbai, 6 months back, I had no clue as to where I was going to stay. Having no experience about the chaos of the ultra-modern fast urban life, I thought that getting an accommodation would be quite easy. I was wrong, living for a few weeks here and there; I finally was able to find a broker to help me find a cheap place to rent. I got a place but the legal formalities were not ending. By this time, I was frustrated; I was told that the rental agreement formation would take another week or so. It was then that Rentalagreement.in became a saviour. Thanks to this platform, I no longer had to spend more time and energy.

A rental agreement refers to a contract between the property owner and a renter who wishes to have possession of the particular property for a specific period.

The Karnataka Rent Control Act, 1999 provides for protection when it comes to renting agreements in Karnataka. This act was envisaged to protect the rights of tenants and landlords in the state of Karnataka.

Rent agreements in Pune and Rent agreements in Mumbai and all cities in Karnataka strictly follow the Karnataka Rent Control Act, 1999.

Rentalagreement.in:

In urban areas, time is most important. To save time and money, online services are the best option available. Rentalagreement.in gives you the option of creating online rental agreements. Founded in 2013, the website has the motto to bring all legal documents in a simple and convenient way. Our core team comprises of four members, Muni Reddy Narhari, the legal body, Anamika Barnwal, the backend expert, Raj Kumar, Managing Head and Nitesh, the code expert. Rentalagreement.in understands the complexities and legal technicalities of rent agreements and therefore offers services to ease this process. Having tried their services, I can say that no other platform can provide you with such great services at a minimum of costs. All you have to do is follow their 4-step process:

Submit your details on the website
Make online payment.
Receive the rent agreement at your doorstep.
After receiving the document, put the signatures.

Rentalagreements.in has great customer care support and their helpdesk is ready to help you 24×7. They provide services for the formation of Rent Agreements in Pune and Mumbai, and other cities as well.

How Can I Get A Rental Agreement Online?

Rent agreements in Uttar Pradesh:

Being a food and travel blogger, my job requires me to visit several places. To save myself from the high costs of hotels, I usually prefer renting a place wherever I go. My last tours were spread over Uttar Pradesh and Karnataka. Through this blog, I wish to enrich the knowledge of anybody looking forward to renting a property in these two states.

Uttar Pradesh is one of the fastest growing urban hubs at present. The recent initiatives taken by the government have helped in increasing the level of job and educational opportunities in the state. People from all over Uttar Pradesh as well as from other parts of India migrate to major cities of this state. For these people, renting a place is the best option, but it also has its share of obstacles. Many people are often arbitrarily evicted, the tenants do not pay their rents on time, and the rents are often increased exorbitantly to suit the interests of the property owners, etc. to avoid such problems, it is always better to go for rental agreements.

Rent agreements in Uttar Pradesh are protected under The Uttar Pradesh Urban Buildings (Regulation of Letting, Rent, and Eviction) Act, 1972.

Rent agreements in Karnataka:

Coming to Karnataka, the state is the hub of the IT industry. Bangalore is the center point of all the activities of this state. Besides Bangalore, cities like Mangalore, Hubli, and Mysore have a lot to offer to tourists and settlers. Like Uttar Pradesh, Karnataka also offers good job and educational opportunities, leading to huge immigration in the state. These groups of people, mostly job and education seeking youth avail the option of renting. It is temporary and affordable. Rental agreements help in ensuring that your rights are not violated in any manner and that you have proper legal protection at all times.

Rent agreements in Karnataka are covered under the Karnataka Rent Control Act, 2001. This act specifies which properties can be subjected to rent under this act, the rights, and obligations of tenants and landlords, etc.

In both these states, my experiences with legal matters relating to rents were nice, thanks to Rentalagreement.in. This website has helped me a lot in saving time and money.

Rent Agreements Apply Online

Rentalagreement.in gives you the option of creating online rental agreements. Rentalagreement.in understands the complexities and legal technicalities of rent agreements and therefore offers services to simplify this process. The usual procedure for creating rental documents is through a broker or local government offices; this is both costly and time-consuming. At Rentalagreement.in, you just have to provide the required details on the website and you will get the rental agreement at your address. I strongly recommend this website for anyone looking for online rental agreement services.

For More Informations :

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