Pages

Thursday, July 18, 2013

House Rental Agreement

This concerns more in Bangalore!

  • Rents are more compared to other cities (except Mumbai)
  • Advance is 10times (some exceptions these days)

Tips:
  • Get both your and your wife names on the agreement. Useful for address proof at some later stage. (only if married!)
  • Get your agreement on e-stamp paper worth Rs. 100/- if deposit is close to 1L or 200/- if more than 1Lakh. (2013)
  • All terms and conditions to be written on the agreement.

Before e-stamp paper, people get the agreement on a normal stamp paper (worth 20/- or 50/-). Get it notarized. Costs around 100/- to 200/-

1 comment: