Online Rent Agreement in Faridabad

Online Rental Agreement in Faridabad

If you are tired of running behind lawyers, government offices, and a notary to get legal validation and verification, NoBroker is your one-stop destination for all your requirements. From drafting the agreement to offering biometric verification in the comfort of your home, NoBroker delivers your online rental agreement in Faridabad to your doorstep.

Along with offering rent agreements, NoBroker also offers services for creating an Online Lease Agreement in Faridabad, including commercial leases, residential leases, home leases, and more.

What are a Tenant’s and an Owner’s Rights with a Rental Agreement in Faridabad?

There are some rights that only a rental agreement provides to the owners and the tenants. However, the tenants and the owners are eligible to receive some rights even without a rental agreement.

Below is a separate list of rights that both parties can possess with the registration of the rental agreement:

Owner Rights with a Rental Agreement:

• An owner can ask the tenant to move out of the rental property at any point in time. He has to provide the tenant with a notice period of at least 30 days to vacate the flat and look for a new property. However, in case the tenant is found to be breaching any clause of the registered rent agreement or involved in any illegal activities, the owner may not even give him notice and terminate the agreement immediately.
• The landlord possesses the right to hold the security deposit in case the tenant fails to pay the rent on time. On the exhaustion of the security deposit, the owner may ask the tenant to either pay the rent or move out of the property, once the grace period is over. However, before doing so, the owner must ensure that he has mentioned the renting clause and payment delay clause in the rental agreement. Otherwise, the notice period clause and the security deposit clause can work against the owner.
• An owner can choose what appliances and facilities he wants to provide to the tenant, and the same has to be in writing in the rental agreement, printed on a stamp paper. This will empower the owner to ask the tenant not to make use of utilities that are not listed in the rental property agreement.
• A rental agreement proves that the tenant is staying for a short period, and the tenant, at any point in time, cannot claim possession of the property. There are two witnesses present during the registration process, who can speak in favor of the owner, in case the tenant tries to claim possession of the rental property.
• Once the agreement expires, the owner has the right to terminate the contract and not renew it. In such a case, the tenant has to abide by the rules and serve the notice period.
• The owner can use the security deposit when the owner fails to pay the due rent for a month or to recover some kind of loss incurred by the tenant within the rental premises.

Tenant Rights with a Rental Agreement:

• Undoubtedly, a tenant enjoys more rights when he has a registered rental agreement working in his favor. Below are some of the rights that a tenant holds during the lock-in period:
• A tenant is eligible to receive his security deposit in full when he has served the entire notice period. An owner has to give proper justification in case he thinks there is any type of damage during his stay in the rental property.
• A homeowner cannot terminate the contract and ask the tenant to evict the rental property without any prior intimation, especially when a tenant does not have anything to do in this case. 
• A homeowner has to give at least 30 days for the tenant to move out of the flat, and he has to release the security deposit of the tenant.
• A tenant has the right to ask for privacy from the homeowner. An owner cannot enter the rental premises without providing prior notice to the tenant.
• A tenant is eligible to receive a copy of the rent agreement. He holds the right to use the rental property as an address proof, while within the lock-in period.
• A tenant has the right to receive compensation from his employer, in case the company policy is such that it offers benefits to people staying on rent.

Now that you have understood the many rights that a rental agreement offers to you upon registration, how about creating one for yourself?

Steps to create an Online Rental Agreement in Faridabad using NoBroker:

• Visit the NoBroker’s online  Rental Agreement website for the creation of the rental agreement
• Select your City for eg. Faridabad
• Fill in all the required details of the tenant and the owner
• Discuss the important clauses with your tenant/owner and draft a rough copy of the same. Look for edits and check details of the rent amount and security deposit.
• Once both parties approve it, review your application and make payment for the registration.
• Book a slot for the biometric verification at your location
• Receive the rental agreement through courier in the next 3-4 business days.

NoBroker is the one-stop solution for a fast and completely hassle-free service for an online rental agreement in Faridabad, of drafting and e-stamping to the delivery of your rental agreement, the entire end-to-end process under the supervision of experienced professionals and a specialized team of legal experts, you can sit back and have the completely legally compatible, notarized and online registered rental agreement delivered at your doorstep.

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