Delhi Rent Agreement Online



Sample of Delhi Rent Agreement
Importance of Rental Agreement in Delhi
A Well drafted legal Rent Agreement is important for various things and some of the major importance are:
- It prevents any kind of dispute between landlord and Tenant
- A legally draft Rental Agreement defines all the terms and conditions on Agreement including rent, deposit, Payment term, etc.
- Defines rules for maintenance, utilities, and property use.
- It Provides legal protection to both parties in case of any disagreement.
Important Factor to be included in Delhi Rent Agreement
While drafting a Rent Agreement in Delhi, you must include following clauses in the agreement to make it legally valid that can protect rights of Landlord and Tenant.
- Personal Details: Clearly mention the personal details of both parties that includes Name, Contact No. Address, etc.
- Tenancy Duration: Duration of which the rent agreement will be in effect.
- Rent Amount: The agreed rent amount the tenant will pay to landlord for rented property.
- Date & Frequency: The frequency and date of rent payments.
- Security Amount (Deposits): Security amount, its purpose and how it will be adjusted or returned at the end of the tenancy.
- Terms & conditions: Agreed terms and conditions to use the property by tenant.
- Insurance: This is majorly uses in the commercial rent agreement to insure the property.
- Maintenance: Name of the party responsible for the maintenance and repair of the property.
- Lock-in-Period: The lock-in period prescribes the time period within which any of the parties cannot terminate the contract before the sending of the lock-in period of rent agreement, if the party does so then he has to pay the rent for the remaining lock-in period.
- Termination of the agreement: The termination clause outlines the conditions in which either party can terminate the agreement. This includes Notice period, penalties and valid reason for termination to protect both parties rights.
- Provided Amenities: The Rent Agreement should list all the amenities provided to the tenant such as furniture, appliances, parking, or security services. This helps to ensure that tenant understands what amenities are provided and what should be maintained or return in good condition.
Documents Required for Rental Agreement
- Aadhaar Card of Landlord and Tenant
- PAN Card of Landlord and Tenant
- Signature of Both Parties
Common Mistakes to Avoid while Creating Rent Agreement
- Not defining the terms and conditions
- Not mentioning the maintenance and notice period
- Not defining the rent, deposit and payment term.
- Not taking the Valid ID proof of other party.
- Not drafting the Agreement on Stamp Paper.
Stamp Duty in Delhi
It is mandatory to draft the rent agreement on a Stamp paper that attracts stamp duty which depends on various factors. Depending on the factors, rent agreement can be drafted on a Stamp paper with stamp duty of 20, 50, 100, 200, 300 or 500.
Delhi Rent Control Act
The Delhi Rent Control Act, 1958 (Formally known as Delhi Rent Act) governs the relationship between landlord and tenant during the tenancy. This act was introduced to safeguard the legal rights to both parties. While it protects tenants from forcefully eviction and unreasonable rent hike, it also safeguards the rights of Landlord.
Why eDrafter.in for creating Rent Agreement Online?
At eDrafter.in, you get hassel-free service to draft your Rental Agreement that you won’t get in the offline process. Here are some of the benefits of creating Delhi Rent Agreement with eDrafter:
- Legally drafted Rent Agreement by experts.
- Drafted on a valid Delhi eStamp paper
- Customized as per your requirements
- Scan Copy and Doorstep Delivery available
- Saves times and efforts
Frequently Asked Questions
Is rent agreement mandatory in Delhi?
Yes, a rent agreement is mandatory if the rent period exceeds 11 months. It helps protect both landlord and tenant by clearly mentioning the terms and conditions.
Does the rent agreement need to be registered in Delhi?
If the rent agreement is for more than 11 months, registration at the Sub-Registrar office is compulsory. For agreements of 11 months or less, notarization is enough.
Who should bear the cost of stamp duty and registration charges?
There is no fixed rule for. Usually, the tenant pays the stamp duty and registration charges, but it can be shared if agreed upon by both parties.
Is police verification required for rent agreement in Delhi?
Yes, police verification of tenants is mandatory in Delhi. Landlords must submit tenant details to the nearest police station or through the Delhi Police online portal.
Can the rent agreement be renewed after expiry?
Yes, the rent agreement can be renewed by executing a new agreement or extending the old one with mutual consent of landlord and tenant.