Registered Rent Agreement Pune Process

Due to the increase in Registered Rent Agreement volumes and overcrowding of sub-registration offices in Pune, Mumbai and the rest of Maharashtra, the Maharashtra government took the initiative in 2014-15 to modernize the entire Leave and License Agreement. The online rental contract or online vacation and licensing contract was introduced with the concept of making the entire License Agreement comfortably at home or in another place like the office. The whole process is simplified by simply entering data, then biometric verification of the landlord and tenants, by cross-referenced the UID data (adhaar data) that is already available online. Pre-rent for the period/non-refundable deposit – B If these clauses are included, there will be no unnecessary dispute between the landlord and the tenant in the future. Get your lease registered in Pune at the best affordable prices We offer you the easiest way to get your lease registered in Pune, which gives you a first class experience and the best affordable prices. In Maharashtra, holiday and licensing contracts must be stamped with a flat rate of 0.25 per cent of the total rent for this period. If a non-refundable bond is also paid to the lessor, stamp duty will be levied at the same rate on these non-refundable bonds. Housing.com has launched a fully digital, contactless service to create leases. If you want to complete the formalities quickly and without any problems, you just have to fill out the details, create the online rental contract, sign the contract digitally and get an electronic stamp in seconds.

10% x Refundable Deposit x Number of Years of Contract – C We present your data to the government and, within 3 business days, the printed copy of your e-stempel lease will be delivered to your front door. And what else is there? You don`t even need to leave your home! We will also send you softcopys so you never lose your registered lease. You can now use your holiday and your registered license agreement for all your works. Click “New” to create your registered profile in the e-Filing database. The formula for calculating stamp duty on the lease is 0.25% x D, of which D (monthly rental x number of months) – (pre-rent for the period/non-refundable down payment) – (10% x refundable deposit x number of years of contract). Whether you live in Pune or outside Pune, be sure to consider some things before entering into a final lease. Let`s look at the points listed below, which you should keep in mind while you are doing a lease in Pune or Pune. Section 52 of The Indian Easements Act, 1882, defines vacation and licensing agreements. This section states: “If a person grants another person or a number of other persons the right to do or continue to do something on or on the land of the funder who, in the absence of such a right, would be unlawful and such a right does not constitute relief or interest in the property, the right is qualified as a licence.” If the tenant does not pay the rent on the scheduled date, a small fine or fine may be charged by the landlord. Under Section 17 of the Indian Registration Act, which applies to all of India, any real estate lease agreement must be registered from year to year or for a period of more than one year.