Hi there. From what I can understand, you want to know the legal services, i.e. the documentation involved in renting out your house in India. I will be able to tell you that along with the subsequent fees involved in the legal work. I will share them by listing down below to make things simple for you to understand.
Documents Involved in Renting Out Your House
Here are the needed documents:
Rent agreement: The landlord and the tenant need to sign the agreement. It is a document that acts as a contract to initiate tenancy. It has to be renewed after 11 months of tenancy and needs to be registered if the tenancy exceeds the 11 months.
There are several documents that are needed for a rent agreement depending on the state and location of the property. The following documents are needed from the tenant:
ID Proof
Address Proof
Passport-sized photographs
NOC
Income or employment proof
Documents for police verification
Stamp duty for the rent agreement.
Additional documents include a copy of the Aadhar card of the father or mother, an affidavit from the tenant and an affidavit from the apartment owner.
Legal Fees
When I rented out my place, I took legal help regarding tenant verification and rent agreement from NoBroker and can share the rates they have set. So, tenant verification has different services, with the basic one starting at Rs. 100 per tenant and it goes up to Rs. 3000 per tenant. Whereas, for rent agreements, the cost varies based on the stamp duty and other factors. So, you’d have to check for that.
Get a Rent Agreement Drafted and Delivered to Your Doorstep Via NoBroker Legal!
Some related information:
How to Sign Rental Agreement Online?
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How do you go about renting your residence in terms of legal services and your fees?
Cyrus Pinheiro
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1 Answers
4 Year
2020-11-23T20:27:46+00:00 2025-01-07T12:25:32+00:00Comment
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