Getting a rental agreement for fully furnished apartment is a fairly easy process. You can either visit the sub-registrar authorised by the state government or use online rental agreement services. The Registration Act 1908 mandates that rental agreements made for longer than 11 months be registered. I have shared the detailed process below for you.
How to Create a Rental Agreement for Fully Furnished Apartment India?
While creating a rent agreement for a furnished apartment in India, you must include a detailed list of all furniture and fixtures, specific clauses, responsibilities and security deposit. Here's a guide to help you through the process:
Prepare a draft of the rental agreement, including all necessary details such as the names of the landlord and tenant, property address, rent amount, lease duration, and any specific clauses related to the furnished apartment.
Since the apartment is fully furnished, include a detailed inventory list of all furniture and fixtures included in the apartment.
The agreement must be printed on stamp paper of appropriate value, which varies by state. Check the stamp duty rate for your state and purchase the stamp paper accordingly.
Both the landlord and the tenant must sign the agreement in the presence of two witnesses.
Visit the local sub-registrar's office to complete the registration process.
Ensure that both parties receive copies of the signed and registered agreement for their records.
I hope you found this information helpful.
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How to Make Rental Agreement for Fully Furnished Apartment India?
Edhas57
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2024-12-27T15:46:37+00:00 2024-12-27T15:46:38+00:00Comment
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