What Is The Cost Rental Agreement In Delhi?

A rent agreement is a crucial legal document that binds tenants and property owners. It protects the rights of both parties in case of disputes and must be registered at the sub-registrar’s office. Scroll down to find what you need to know about registered rent agreement cost in Delhi.

What is the Cost of Registered Rent Agreement in Delhi?

In Delhi, it is mandatory to register a rent agreement if it is for a period of more than 11 months. For agreements of 11 months or less, registration is optional. Here is the rent agreement Delhi cost:

• Less than 5 years: Stamp duty is 2% of the average annual rent payable, and the registration charges are Rs 1,100.

• 5 to 10 years: Stamp duty remains 5%, and the registration charges remain Rs 1,100.

• 10 to 20 years: Stamp duty is 5% of double the consideration value, and the registration charges are Rs 1,100. (Consideration value refers to the average annual rent mentioned in the agreement).

Make sure you print the rent agreement on the appropriate stamp paper. Both the owner and tenant sign the agreement in the presence of two witnesses at the sub-registrar office. Pay the requisite fees at the sub-registrar’s office to complete the registration process.

Remember, a well-drafted rent agreement can prevent future disputes and ensure a smooth landlord-tenant relationship. This is all about the registered rent agreement Delhi cost.

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Hi, I have been a resident of Delhi for the last 4 years, and I have renewed my rental agreement a couple of times by now. As mentioned by Anandi, for the rent agreement cost in Delhi, you need to pay Rs 1,100 as registration charges. Along with that, you also need to pay a stamp duty of consideration value depending on the rental period.

Besides paying the rent agreement registration charges in Delhi I had to submit a few documents to renew my rent agreement. Here are those

• Rent agreement printed on Stamp paper. 

• For proof of ownership, a copy of the title deed.

• Tax receipts

• Photocopy of the Aadhaar card of both parties. Make sure to carry the original ID card. 

• 2 Passport-sized copies of both parties. 

• PAN card for identity proof. 

I had to submit these to the local sub-registrars office and that’s about it for the documents and registered rent agreement cost in Delhi. 

Recently, a friend introduced me to a faster and easier method, which is using the NoBroker online rent agreement service. Here are the steps that he asked me to follow. 

• He told me to visit the

  NoBroker’s Online Rent Agreement Service

  page. 

• Click on the Upload Your Document option and upload the rental agreement. 

• Now, provide all the information asked there. 

• Choose any Add on service if necessary. 

• Click on Save and Proceed to make the payment and complete the process. 

If you are using NoBroker for the first time, then provide your phone number, name, email ID and click on Continue. 

An official document that ties the tenant and the property owner together is the rent agreement. It must be registered with the sub-office registrar since it safeguards the interests of both parties in the event of a disagreement. The rent agreement, which is often referred to as a "Leave and License Agreement," includes information on the rental property, the security deposit, the monthly or annual fee, the names of the tenant and the property owner, as well as other terms and conditions. If you want to know what are the rent agreement charges in Delhi, I can assist you with the same.

If a lease is for a duration of more than 11 months, registration of the agreement is required in Delhi. Registration of a rental agreement is no longer required for leases of less than or equal to 11 months.

I hope this clarifies your query about the rent agreement price in Delhi.

Before concluding my answer about the rent agreement fees in Delhi, I’d like to say that you can check out NoBroker rental agreement service as they made the process totally online. The rent agreement will be delivered to you within 4 days to your postal address, printed on paper bearing a legal stamp. Apart from their convenience fee, the charges typically include stamp duty, registration charges, etc.

Also, if the landlord and tenant are in a different location then they can use the Aadhar eSign-based digital signature service.

I hope this answers your query about the rent agreement charges in Delhi. I hope this helps:)

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