Send the required documents along with the Fees
Agreement drafted and shared with hard copy
Agreement vetted and registered online
Hardcopy delivered at address provided for delivery.
The Pan Card and Aadhar Card of Landlord/Lessor
Both Landlord/LessorandRenter/Tenant/Lessee can be protected legally
Only Registration – 1 days
AKT associates are the true professionalsin assisting you when it comes to legal contracts.
Rental and Lease Agreements are important legal documents that confirm the deal between the landlord and the tenant based on mutual understanding. Usually, these agreements registered after the deal finalized between landlord and tenant, and it ensures both the parties protected under the Indian constitutional law.
It doesn’t matter if the landlords opt to rent or lease the property, there’s always a format to follow. We AKT associates strictly follow the rules set by Indian constitutional law when it comes to rent/lease agreement and makes sure both parties (Landlords and Tenants) understand the agreement fully along with the conditions mentioned in those agreements.
The rental agreement is a kind of contract written in-between the property owner and the renter who about to gain temporary ownership of the particular property. Rental agreements are short-term contracts mostly occurs on a monthly basis and get renewed often based upon the mutual understanding of both parties.
Rental Agreement mainly focuses on outline payment that the renter needs to pay the property owner on a monthly basis. In addition, the agreement will include a lot of terms and condition and the terms can alter by either party on every renewal.
Unlike the rental agreement, the lease agreement is a long-term contract made in-between landlord and the tenant. The lease agreement will be effective until the specific time mentioned in the agreement beyond that the agreement considered as ended.
Lease agreement focuses not only on the payment instead it does focus how long the tenant intended to use the property/space. If both parties willing to continue the agreement after the agreement period, the new lease agreement needs to register.
When looked generally, both rental and lease agreements might be similar but both differ slightly. Rental and lease agreements have their own advantages and disadvantages. Below listed table illustrate the difference in-between those two agreements.
|Rental Agreement||Lease Agreement|
|Rental agreements are not suitable for the renter who prefers to rent a property for a long-term.||Rental agreements are suitable for the renter who prefers to rent a property/space for a long-term.|
|A rental agreement allows property owners to raise or renegotiate the rental amount on every renewal.||In the lease agreement, the rental amount locks for the entire length of the lease period.|
|In the rental agreement terms and conditions can be altered frequently.||In the lease agreement terms and conditions cannot change once it finalized between both parties. The agreement should mention the intended use of the property by the renter.|
It doesn’t matter whether you are about to rent or lease property; there are certain terms and conditions to include. AKT associates mention them with the acronym WWWH (Who, What, When and How much).
When it comes to rental/lessee agreement getting help from professional help would be a wise decision. In the digital era, seeking a legal documents portal is quite welcome. However, you may get baffled after witnessing several such online portals.
Are you confused and strongly decided to approach a legitimate and trustworthy site? Then it’s time to pick AKT Associates as your legal document assistant.
Shall I rent without an agreement?
As per Indian constitutional law, a rental/lease agreement filled with terms & condition along with legal valid documents of both parties is mandatory. In case of any dispute arisesbetween parties without agreement, there will be legal inefficiencies.
Is it mandatory to register a Rental/Lease Agreement?
No, it’s not compulsory to register a rental/lease agreement. However, registering agreements will keep you on the safer side in case of any legal dispute arise.
I am planning to rent a house for only 10 months, should I register a rental agreement?
According to Section 17 of the Indian Registration Act passed in 1908, the minimum rental/lease period is 12 months or higher for registering the agreement. Any tenure below than 12 months there no need for registration.
Do I need to visit the registration office for registering rental/lease agreement?
No this will be done online
Is Aadhar card is mandatory for registering rent/lease agreement?
No! It’s not compulsory but for doing online registration Aadhar copies are mandatory.
Is it valid for police NOC and other legal requirements?
Yes the online registration for Rent/Lease agreement has the same legal validity as the registration done by visiting Registrar office.
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