Rent Agreement Mohali

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1. Stamp duty must be paid: 4% of the average annual rent for tenancy contracts of up to 5 years and 3% of the average annual rent for contracts lasting more than 5 years, but up to 10 years. 2. The registration fee is payable at 1% of the average annual rent. 3. Both the landlord/owner and the tenant/tenant must present themselves to the sub-chancellor for the execution and registration of the rental agreement with their two passport-sized photos and identity documents, i.e. Aadhar Card/Voter Card/Voting License, etc. 4. The presence of two witnesses, as well as identity documents, is also required. 5.The registration of leases/leases should be registered with the deputy chancellor`s body responsible for the area in which the property is located.

We provide services for the development and registration of the rental/leasing contract anywhere Sahibzada Ajit Singh. To register your rental agreement, you can contact us at 91-97800022282 if a property is rented for 24 months with a monthly rent of Rs 20,000 for the first 12 months and 22,000 Rs per month for the next 12 months. The registration fee of this agreement would be: 2% of the average rent for 12 months: Rs5.040, (average monthly rent is Rs21,000, average annual rent is 21000 – 12 and 2% is Rs5,040). There are so many additional clauses that you need to be careful about, whether it`s Notice Period, lock-in period, pets, repair and maintenance and so on. LegalDesk.com jumps to your aid, here you can create individual rentals and all you need to do is follow these simple steps – non-residential housing can be rented by contract rental. These conditions are governed by the terms of the contract and no action or prosecution under other laws or circumstances is permitted. This procedure must be followed to create a lease in Chandigarh, Amritsar, Ludhiana, Mohali, Bathinda, Batala and other parts of Punjab. LEASE AGREEMENT/RENT AGREEMENT Lease agreement or lease agreement is a contract by which the tenant (tenant) agrees to pay the landlord (renter) a periodic rent for the use of a property. An apartment for rent is usually written when a landlord rents his property to a tenant.

A rental agreement can be entered into in relation to a commercial store, SCO`s, Sco`s, office, apartment, apartment, Builder Floor, Bungalow, Unit in a Commercial Tower Banks or Mall, Industrial Site, Farm houses, agricultural lands etc. Under Section 105 of the Property Transfer Act of 1872, the rental of real estate is a transfer of a right to use such assets which, for a specified period of time, is explicit or implied or permanently, taking into account a price paid or promised, a share of crops, services or something of value that is specified regularly or occasionally by the cee giver on these terms of transfer.

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