Online Rent Agreement in Pune

Online Rental Agreement in Pune

Looking to rent out a property in Pune, and worried about the hassles of running between government offices and lawyers for making a rental agreement in Pune? NoBroker is there to help you, with their specialized team of professionals and legal experts who will take care of the end-to-end process of creating a legally valid online rental agreement in Pune and will have it delivered to you at your doorstep.

NoBroker offers the most affordable charges for creating an online registered and notarized rental agreement in Pune within the comfort of your home

Along with rental agreements, NoBroker also offers services for the creation of an online lease agreement in Pune for residential lease, commercial lease, apartment lease, home lease, and many more.

What is the Cost of Stamp Duty for the Registration of Rental Agreement in Pune?

Typically, the rental agreement is created for 11 months to avoid spending a lot of money and legal repercussions. When the rental tenure extends that of the 11-month time bracket, registration of the rental property becomes a must as per Section 17 of the Registration Act of 1908. Besides this, when the tenure reaches a period of 12 months, a number of laws come into play. This makes registration necessary by paying stamp duty and other charges.

What are Some Important Clauses to be Added to the Rental Agreement?

A rental agreement is a gateway to avoid any type of conflict during the tenant’s stay period. Below are some of the important clauses that you need to discuss with your landlord/tenant before creating a draft:

What will be the Rent if the Tenant Overstays the Rent Period?

If a tenant does not move out, even after the agreed period is over, you need to decide whether the tenant will continue to pay the rent on a monthly, weekly, or daily basis. Besides this, since the lock-in period is over, the landlord may increase the rent. In such a case, it is crucial for the tenant to know the scenario after the agreed period is over.

What will be the Lock-in Period?

If the term lock-in period sounds unfamiliar, let’s help you understand it. A lock-in period is the period during which neither the tenant nor the landlord can terminate the rental agreement.

Are Pets Allowed in the Property?

Some landlords do not like tenants with pets. In such cases, it is crucial for you, as a tenant, to discuss if the pets can stay on the premises. If the landlord and tenant are living on the same property and the owner owns a pet, the tenant has the right to ask the owner to keep the pet away from his boundary. Thus, mutual grounds can be reached before the creation of the rental agreement to avoid any conflict in the future.

What about the Painting, Maintenance, and Repair Work?

You may move into the flat and your geyser may stop working abruptly. In such a case, when you ask your owner to reimburse the cost, he may shy away from paying it, if the same is not mentioned in the rental agreement. In such a case, you should take this aspect seriously and discuss the same.

Is there a Penalty for Late Payment?

Some tenants take the due date for granted and miss out on paying the rent on the decided-upon date. In such a case, an owner may charge late fees for the same. However, to avoid any discrepancy, it is crucial to discuss the late payment beforehand, and the same can be included in the list of clauses.

Is there a Fuss about Food Habits and Drinking?

Many landlords take food very seriously and do not like foreign food habits. For example, your owner may be a vegetarian and may not like the kitchen being used to cook non-vegetarian meals. In some cases, he may allow the preparation of eggs but not meat. Besides this, you may also be prohibited from bringing alcohol to the property. Hence, it becomes crucial for you to discuss your food habits with the property owner.

Are guests of the other gender allowed to the flat?

This applies to you if you are a bachelor. Some owners may not like the arrival of another gender to the property. In such a case, you have to discuss it with your owner prior to the creation of the rental agreement.

What if the Landlord/Tenant Breaks a Rule?

The clauses will be written on the stamp paper. In such a case, it should be made clear about the worst-case scenarios. The tenant and the landlord should discuss the consequences when one of them breaks any clause.

Having all these aspects discussed will help you in the long run. Now that you are clear on what you should add to the rental agreement, you should create one as soon as possible. If you want to save the cost and time, you can simply decide to seek professional help from branded service providers.

What are the Documents Required for Rental Agreement Registration?

To create a rental agreement, you will require some of the basic documents.

For Tenants:

Passport-size photographs
Photocopy of identity proof (PAN card, Aadhar card, election card, passport, etc.)
Original identity proof for verification

For Landlords:

Passport-size photographs
Photocopy of identity proof (PAN card, driving license, Aadhar card, etc.)
Original identity proof for verification
Electricity bill or tax receipt of the property

NRI:

Original Passport
Pan Card

For Witnesses:

Passport-size photographs
Photocopy of identity proof (PAN card, Aadhar card, election card, passport, etc.)
Original identity proof for verification

We, at NoBroker, can assist you in the creation of your online rental agreement in Pune. You can simply visit https://www.nobroker.in/rental-agreements and fill in the required details. Once done, you can schedule an appointment for biometric verification and you will receive your online rental agreement in your mailbox and a hard copy of the same delivered to you in 2-3 working days.