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Home / Legal / Rent Agreement / Can I Make a Rent Agreement for 3 Years in India?
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Can I Make a Rent Agreement for 3 Years in India?

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Yes, you can make a rent agreement for 3 years in India. Long-term rental agreements, such as those for 3 years, are legally permissible. It can provide stability for both the landlord and the tenant. A rent agreement lays out the terms and circumstances that the property owner establishes when renting out a property. Read on to get the steps.

How to Make a 3 Year Rent Agreement?

Here are steps to create a 3-year rent agreement:

  1. Include all necessary details such as names of the landlord and tenant, property address, rent amount, lease duration (3 years), security deposit, and any specific terms and conditions.

  2. The agreement must be executed on stamp paper of required value, which varies by state. Long-term agreements usually require higher stamp duty.

  3. Both the landlord and the tenant must sign the agreement in the presence of two witnesses.

  4. For agreements lasting more than 11 months, it is mandatory to register the rent agreement with the local sub-registrar's office. This ensures legal validity and protection for both parties.

  5. Include clauses for renewal and termination to outline the procedures for extending the lease or ending it before the term expires.

I hope you found this helpful.

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