A residential lease/rent agreement in India is a contract between the tenant and the house owner, which holds in writing all the essentials about the tenancy.This written document or contract should protect the interests of both the parties and the document should serve as collaborative evidence in case of a dispute.
Once the content of the residential rental agreement is prepared it is then to be printed on a stamp paper of a recommended value followed by signatures of both the parties along with witnesses.It is also recommended for the tenants to read the tenancy agreement carefully before they sign it, so they understand all the terms and conditions of the tenancy. If there’s anything they don’t understand, or are unsure of, they should seek advice before they sign the agreement.
A rental lease agreement in India includes advances or deposits made by the tenant, rent per month, maintenance charges, water charges, responsibilities of the parties, lease termination, lease extension and miscellaneous clauses. Hometurph through its team of service providers helps you in creating and amending residential lease agreement in India as per your requirement. With our rental agreement services for NRIs like you we can be of service to you in your absence in India by: